AVIG vs. AGG
AVIG (Avantis Core Fixed Income ETF) and AGG (iShares Core U.S. Aggregate Bond ETF) are both exchange-traded funds - AVIG is a Intermediate Core Bond fund actively managed by Avantis, while AGG is a Total Bond Market fund tracking the Bloomberg U.S. Aggregate Bond Index. AVIG is actively managed, while AGG is passively managed. Over the past 5 years, AVIG returned 0.10%/yr vs 0.07%/yr for AGG. With a 0.98 correlation, they move nearly in lockstep. AVIG charges 0.15%/yr vs 0.03%/yr for AGG.
Performance
AVIG vs. AGG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AVIG achieves a 0.23% return, which is significantly lower than AGG's 0.47% return.
AVIG
- 1D
- 0.12%
- 1M
- 0.51%
- YTD
- 0.23%
- 6M
- 0.39%
- 1Y
- 4.51%
- 3Y*
- 4.46%
- 5Y*
- 0.10%
- 10Y*
- —
AGG
- 1D
- 0.08%
- 1M
- 0.61%
- YTD
- 0.47%
- 6M
- 0.55%
- 1Y
- 4.33%
- 3Y*
- 3.96%
- 5Y*
- 0.07%
- 10Y*
- 1.54%
AVIG vs. AGG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
AVIG Avantis Core Fixed Income ETF | 0.23% | 7.98% | 1.55% | 6.41% | -13.94% | -2.15% | 0.86% |
AGG iShares Core U.S. Aggregate Bond ETF | 0.47% | 7.19% | 1.31% | 5.65% | -13.02% | -1.77% | 0.56% |
Correlation
The correlation between AVIG and AGG is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.98 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.98 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.98 |
Correlation (All Time) Calculated using the full available price history since Oct 15, 2020 | 0.98 |
The correlation between AVIG and AGG has been stable across timeframes, ranging from 0.98 to 0.98 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AVIG vs. AGG — Risk / Return Rank
AVIG
AGG
AVIG vs. AGG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis Core Fixed Income ETF (AVIG) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AVIG | AGG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.20 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.61 | 1.57 | +0.03 |
| Martin ratioReturn relative to average drawdown | 4.56 | 4.54 | +0.02 |
Loading charts...
Drawdowns
AVIG vs. AGG - Drawdown Comparison
The maximum AVIG drawdown since its inception was -19.64%, which is greater than AGG's maximum drawdown of -18.43%. Use the drawdown chart below to compare losses from any high point for AVIG and AGG.
Loading charts...
Drawdown Indicators
| AVIG | AGG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.64% | -18.43% | -1.21% |
Max Drawdown (1Y)Largest decline over 1 year | -2.82% | -2.76% | -0.06% |
Max Drawdown (3Y)Largest decline over 3 years | -6.03% | -6.11% | +0.08% |
Max Drawdown (5Y)Largest decline over 5 years | -19.47% | -17.82% | -1.65% |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.43% | — |
Current DrawdownCurrent decline from peak | -1.52% | -1.93% | +0.41% |
Average DrawdownAverage peak-to-trough decline | -7.69% | -2.71% | -4.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.99% | 0.96% | +0.03% |
Volatility
AVIG vs. AGG - Volatility Comparison
Avantis Core Fixed Income ETF (AVIG) and iShares Core U.S. Aggregate Bond ETF (AGG) have volatilities of 1.15% and 1.10%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AVIG | AGG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.15% | 1.10% | +0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 2.96% | 2.83% | +0.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.83% | 3.81% | +0.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.24% | 6.10% | +0.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.99% | 5.41% | +0.58% |
AVIG vs. AGG - Expense Ratio Comparison
AVIG has a 0.15% expense ratio, which is higher than AGG's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
AVIG vs. AGG - Dividend Comparison
AVIG's dividend yield for the trailing twelve months is around 4.37%, more than AGG's 3.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGG iShares Core U.S. Aggregate Bond ETF | 3.98% | 3.89% | 3.74% | 3.13% | 2.39% | 1.77% | 2.14% | 2.70% | 2.72% | 2.32% | 2.39% | 2.45% |
AVIG Avantis Core Fixed Income ETF | 4.37% | 4.36% | 4.66% | 4.06% | 2.53% | 1.12% | 0.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.98, AVIG and AGG move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
AVIG has higher volatility (1.15%) compared to AGG (1.10%). In terms of maximum drawdown, AVIG dropped -19.64% vs AGG's -18.43%.
On 5-year performance, AVIG leads with 0.10% vs 0.07% for AGG. On fees, AGG is cheaper at 0.03% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, AVIG has performed better with a 0.10% return vs 0.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
AGG is cheaper with a 0.03% expense ratio, compared with 0.15% for AVIG.
AVIG has the higher dividend yield at 4.37%, compared with 3.98% for AGG.
AVIG is categorized as Intermediate Core Bond, while AGG is Total Bond Market. They also come from different issuers: Avantis and iShares. Their fees differ too: 0.15% for AVIG and 0.03% for AGG.
AVIG currently has the higher Sharpe Ratio (1.18 vs 1.14), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for AVIG and AGG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer