BNDC vs. AGG
Compare and contrast key facts about FlexShares Core Select Bond Fund (BNDC) and iShares Core U.S. Aggregate Bond ETF (AGG).
BNDC and AGG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BNDC is an actively managed fund by Northern Trust. It was launched on Nov 18, 2016. 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: BNDC or AGG.
Key characteristics
| BNDC | AGG | |
|---|---|---|
| YTD Return | 1.85% | 2.18% |
| 1Y Return | 8.63% | 8.85% |
| 3Y Return (Ann) | -2.81% | -2.33% |
| 5Y Return (Ann) | -0.05% | -0.01% |
| Sharpe Ratio | 1.35 | 1.41 |
| Sortino Ratio | 2.00 | 2.06 |
| Omega Ratio | 1.24 | 1.25 |
| Calmar Ratio | 0.49 | 0.53 |
| Martin Ratio | 4.85 | 5.17 |
| Ulcer Index | 1.66% | 1.61% |
| Daily Std Dev | 5.98% | 5.90% |
| Max Drawdown | -18.80% | -18.43% |
| Current Drawdown | -9.09% | -8.15% |
Correlation
The correlation between BNDC and AGG is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BNDC vs. AGG - Performance Comparison
In the year-to-date period, BNDC achieves a 1.85% return, which is significantly lower than AGG's 2.18% 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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BNDC vs. AGG - Expense Ratio Comparison
BNDC has a 0.35% expense ratio, which is higher than AGG's 0.05% expense ratio.
Risk-Adjusted Performance
BNDC vs. AGG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares Core Select Bond Fund (BNDC) 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
BNDC vs. AGG - Dividend Comparison
BNDC's dividend yield for the trailing twelve months is around 3.63%, which matches AGG's 3.62% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BNDC FlexShares Core Select Bond Fund | 3.31% | 3.20% | 2.65% | 1.73% | 2.61% | 2.88% | 2.86% | 2.50% | 0.64% | 0.00% | 0.00% | 0.00% |
AGG iShares Core U.S. Aggregate Bond ETF | 3.62% | 3.13% | 2.39% | 1.77% | 2.14% | 2.70% | 2.96% | 2.32% | 2.39% | 2.45% | 2.40% | 2.32% |
Drawdowns
BNDC vs. AGG - Drawdown Comparison
The maximum BNDC drawdown since its inception was -18.80%, roughly equal to the maximum AGG drawdown of -18.43%. Use the drawdown chart below to compare losses from any high point for BNDC and AGG. For additional features, visit the drawdowns tool.
Volatility
BNDC vs. AGG - Volatility Comparison
FlexShares Core Select Bond Fund (BNDC) and iShares Core U.S. Aggregate Bond ETF (AGG) have volatilities of 1.26% and 1.28%, 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.