ARLP vs. AGG
Compare and contrast key facts about Alliance Resource Partners, L.P. (ARLP) and iShares Core U.S. Aggregate Bond ETF (AGG).
AGG is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Sep 22, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARLP or AGG.
Key characteristics
| ARLP | AGG | |
|---|---|---|
| YTD Return | 3.27% | -3.09% |
| 1Y Return | 16.40% | -0.88% |
| 3Y Return (Ann) | 67.31% | -3.47% |
| 5Y Return (Ann) | 10.97% | -0.17% |
| 10Y Return (Ann) | 1.37% | 1.22% |
| Sharpe Ratio | 0.69 | -0.18 |
| Daily Std Dev | 25.03% | 6.91% |
| Max Drawdown | -90.52% | -18.43% |
| Current Drawdown | -6.59% | -12.89% |
Correlation
The correlation between ARLP and AGG is -0.06. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
ARLP vs. AGG - Performance Comparison
In the year-to-date period, ARLP achieves a 3.27% return, which is significantly higher than AGG's -3.09% return. Over the past 10 years, ARLP has outperformed AGG with an annualized return of 1.37%, while AGG has yielded a comparatively lower 1.22% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ARLP vs. AGG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alliance Resource Partners, L.P. (ARLP) and iShares Core U.S. Aggregate Bond ETF (AGG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
ARLP vs. AGG - Dividend Comparison
ARLP's dividend yield for the trailing twelve months is around 13.24%, more than AGG's 3.41% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARLP Alliance Resource Partners, L.P. | 13.24% | 13.22% | 7.38% | 3.16% | 8.93% | 19.82% | 11.94% | 9.54% | 8.85% | 19.74% | 5.74% | 5.93% |
AGG iShares Core U.S. Aggregate Bond ETF | 3.41% | 3.13% | 2.39% | 1.77% | 2.14% | 2.70% | 2.96% | 2.32% | 2.39% | 2.45% | 2.40% | 2.32% |
Drawdowns
ARLP vs. AGG - Drawdown Comparison
The maximum ARLP drawdown since its inception was -90.52%, which is greater than AGG's maximum drawdown of -18.43%. Use the drawdown chart below to compare losses from any high point for ARLP and AGG. For additional features, visit the drawdowns tool.
Volatility
ARLP vs. AGG - Volatility Comparison
Alliance Resource Partners, L.P. (ARLP) has a higher volatility of 3.49% compared to iShares Core U.S. Aggregate Bond ETF (AGG) at 1.82%. This indicates that ARLP's price experiences larger fluctuations and is considered to be riskier than AGG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.