BOXA vs. AGZD
BOXA (Alpha Architect Aggregate Bond ETF) and AGZD (WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund) are both exchange-traded funds - BOXA is a Intermediate Core Bond fund actively managed by Alpha Architect, while AGZD is a Nontraditional Bonds fund tracking the Bloomberg Rate Hedged U.S. Aggregate Bond Index, Zero Duration. BOXA is actively managed, while AGZD is passively managed. Over the past year, BOXA returned 3.52% vs 5.26% for AGZD. At a 0.01 correlation, their price movements are largely independent. Both charge a 0.23% expense ratio.
Performance
BOXA vs. AGZD - Performance Comparison
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Returns By Period
In the year-to-date period, BOXA achieves a -0.19% return, which is significantly lower than AGZD's 2.22% return.
BOXA
- 1D
- -0.22%
- 1M
- 0.13%
- YTD
- -0.19%
- 6M
- -0.46%
- 1Y
- 3.52%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AGZD
- 1D
- -0.18%
- 1M
- 0.67%
- YTD
- 2.22%
- 6M
- 2.64%
- 1Y
- 5.26%
- 3Y*
- 6.02%
- 5Y*
- 4.32%
- 10Y*
- 3.15%
BOXA vs. AGZD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
BOXA Alpha Architect Aggregate Bond ETF | -0.19% | 5.41% | 0.02% |
AGZD WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund | 2.22% | 4.35% | -0.07% |
Correlation
The correlation between BOXA and AGZD is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Dec 19, 2024 | 0.01 |
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Return for Risk
BOXA vs. AGZD — Risk / Return Rank
BOXA
AGZD
BOXA vs. AGZD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alpha Architect Aggregate Bond ETF (BOXA) and WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD). 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.
| BOXA | AGZD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.89 | ||
| Sortino ratioReturn per unit of downside risk | -1.32 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.36 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 1.10 | 6.09 | -5.00 |
| Martin ratioReturn relative to average drawdown | 3.36 | 19.08 | -15.72 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BOXA | AGZD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.94 | 1.83 | -0.89 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.21 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.85 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.87 | 0.64 | +0.23 |
Drawdowns
BOXA vs. AGZD - Drawdown Comparison
The maximum BOXA drawdown since its inception was -3.22%, smaller than the maximum AGZD drawdown of -8.46%. Use the drawdown chart below to compare losses from any high point for BOXA and AGZD.
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Drawdown Indicators
| BOXA | AGZD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.22% | -8.46% | +5.24% |
Max Drawdown (1Y)Largest decline over 1 year | -3.22% | -0.87% | -2.35% |
Max Drawdown (3Y)Largest decline over 3 years | — | -1.71% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -2.23% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -8.46% | — |
Current DrawdownCurrent decline from peak | -2.04% | -0.39% | -1.65% |
Average DrawdownAverage peak-to-trough decline | -0.75% | -0.77% | +0.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.05% | 0.28% | +0.77% |
Volatility
BOXA vs. AGZD - Volatility Comparison
Alpha Architect Aggregate Bond ETF (BOXA) has a higher volatility of 1.36% compared to WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD) at 1.03%. This indicates that BOXA's price experiences larger fluctuations and is considered to be riskier than AGZD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BOXA | AGZD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.36% | 1.03% | +0.33% |
Volatility (6M)Calculated over the trailing 6-month period | 2.62% | 1.99% | +0.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.75% | 2.89% | +0.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.15% | 3.59% | +0.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.15% | 3.72% | +0.43% |
BOXA vs. AGZD - Expense Ratio Comparison
Both BOXA and AGZD have an expense ratio of 0.23%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
BOXA vs. AGZD - Dividend Comparison
BOXA's dividend yield for the trailing twelve months is around 0.13%, less than AGZD's 3.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGZD WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund | 3.99% | 4.12% | 3.96% | 6.07% | 8.61% | 1.66% | 2.28% | 2.83% | 2.62% | 2.31% | 1.81% | 1.66% |
BOXA Alpha Architect Aggregate Bond ETF | 0.13% | 0.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
BOXA and AGZD have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BOXA has higher volatility (1.36%) compared to AGZD (1.03%). In terms of maximum drawdown, BOXA dropped -3.22% vs AGZD's -8.46%.
On 1-year performance, AGZD leads with 5.26% vs 3.52% for BOXA. Both ETFs have the same 0.23% expense ratio. On volatility, AGZD has been the lower-risk option at 1.03%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, AGZD has performed better with a 5.26% return vs 3.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BOXA and AGZD have the same expense ratio: 0.23% per year.
AGZD has the higher dividend yield at 3.99%, compared with 0.13% for BOXA.
BOXA is categorized as Intermediate Core Bond, while AGZD is Nontraditional Bonds. They also come from different issuers: Alpha Architect and WisdomTree.
AGZD currently has the higher Sharpe Ratio (1.83 vs 0.94), 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.
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