CRDT vs. AGG

Last updated Jun 3, 2026

CRDT (Simplify Opportunistic Income ETF) and AGG (iShares Core U.S. Aggregate Bond ETF) are both exchange-traded funds - CRDT is a Multisector Bonds fund actively managed by Simplify, while AGG is a Total Bond Market fund tracking the Bloomberg U.S. Aggregate Bond Index. CRDT is actively managed, while AGG is passively managed. Over the past year, CRDT returned 4.09% vs 5.29% for AGG. At a 0.34 correlation, their price movements are largely independent. CRDT charges 0.50%/yr vs 0.03%/yr for AGG.

Performance

CRDT vs. AGG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify Opportunistic Income ETF (CRDT) and iShares Core U.S. Aggregate Bond ETF (AGG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CRDT achieves a 4.13% return, which is significantly higher than AGG's 0.47% return.

CRDT

• 1D: -0.37%
• 1M: 2.43%
• YTD: 4.13%
• 6M: 4.58%
• 1Y: 4.09%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AGG

• 1D: 0.03%
• 1M: 0.14%
• YTD: 0.47%
• 6M: 0.49%
• 1Y: 5.29%
• 3Y*: 4.02%
• 5Y*: 0.23%
• 10Y*: 1.59%

*Multi-year figures are annualized to reflect compound growth (CAGR)

CRDT vs. AGG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
CRDT Simplify Opportunistic Income ETF	4.13%	-0.67%	5.19%	5.16%
AGG iShares Core U.S. Aggregate Bond ETF	0.47%	7.19%	1.31%	3.07%

Correlation

The correlation between CRDT and AGG is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.38
Correlation (All Time) Calculated using the full available price history since Jun 28, 2023	0.34

Return for Risk

CRDT vs. AGG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CRDT

CRDT Risk / Return Rank: 16
CRDT Sharpe Ratio Rank: 16
CRDT Sortino Ratio Rank: 15
CRDT Omega Ratio Rank: 16
CRDT Calmar Ratio Rank: 15
CRDT Martin Ratio Rank: 16

AGG

AGG Risk / Return Rank: 37
AGG Sharpe Ratio Rank: 38
AGG Sortino Ratio Rank: 40
AGG Omega Ratio Rank: 37
AGG Calmar Ratio Rank: 36
AGG Martin Ratio Rank: 35

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CRDT vs. AGG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Opportunistic Income ETF (CRDT) 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.

	CRDT	AGG	Difference
Sharpe ratio Return per unit of total volatility	0.47	1.38	-0.91
Sortino ratio Return per unit of downside risk	0.70	2.06	-1.36
Omega ratio Gain probability vs. loss probability	1.10	1.25	-0.15
Calmar ratio Return relative to maximum drawdown	0.51	1.81	-1.30
Martin ratio Return relative to average drawdown	1.54	5.61	-4.07
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CRDT vs. AGG - Sharpe Ratio Comparison

The current CRDT Sharpe Ratio is 0.47, which is lower than the AGG Sharpe Ratio of 1.38. The chart below compares the historical Sharpe Ratios of CRDT and AGG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CRDT	AGG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.47	1.38	-0.91
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.04	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.30	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.68	0.59	+0.08

Drawdowns

CRDT vs. AGG - Drawdown Comparison

The maximum CRDT drawdown since its inception was -9.80%, smaller than the maximum AGG drawdown of -18.43%. Use the drawdown chart below to compare losses from any high point for CRDT and AGG.

Drawdown Indicators

	CRDT	AGG	Difference
Max Drawdown Largest peak-to-trough decline	-9.80%	-18.43%	+8.63%
Max Drawdown (1Y) Largest decline over 1 year	-7.18%	-2.76%	-4.42%
Max Drawdown (3Y) Largest decline over 3 years	—	-6.11%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-17.82%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-18.43%	—
Current Drawdown Current decline from peak	-1.18%	-1.93%	+0.75%
Average Drawdown Average peak-to-trough decline	-2.32%	-2.71%	+0.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.40%	0.89%	+1.51%

Volatility

CRDT vs. AGG - Volatility Comparison

Simplify Opportunistic Income ETF (CRDT) has a higher volatility of 3.51% compared to iShares Core U.S. Aggregate Bond ETF (AGG) at 1.32%. This indicates that CRDT'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.

Volatility by Period

	CRDT	AGG	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.51%	1.32%	+2.19%
Volatility (6M) Calculated over the trailing 6-month period	7.49%	2.76%	+4.73%
Volatility (1Y) Calculated over the trailing 1-year period	8.65%	3.85%	+4.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.00%	6.09%	+0.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.00%	5.41%	+1.59%

CRDT vs. AGG - Expense Ratio Comparison

CRDT has a 0.50% expense ratio, which is higher than AGG's 0.03% expense ratio.

Dividends

CRDT vs. AGG - Dividend Comparison

CRDT's dividend yield for the trailing twelve months is around 6.20%, 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%
CRDT Simplify Opportunistic Income ETF	6.20%	7.04%	7.29%	2.59%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CRDT and AGG in my portfolio?

CRDT and AGG have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CRDT or AGG?

CRDT has higher volatility (3.51%) compared to AGG (1.32%). In terms of maximum drawdown, CRDT dropped -9.80% vs AGG's -18.43%.

Which ETF is better, CRDT or AGG?

On 1-year performance, AGG leads with 5.29% vs 4.09% for CRDT. On fees, AGG is cheaper at 0.03% per year. On volatility, AGG has been the lower-risk option at 1.32%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CRDT or AGG?

Over the 1-year period, AGG has performed better with a 5.29% return vs 4.09%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CRDT or AGG?

AGG is cheaper with a 0.03% expense ratio, compared with 0.50% for CRDT.

Which ETF pays a higher dividend yield, CRDT or AGG?

CRDT has the higher dividend yield at 6.20%, compared with 3.98% for AGG.

What is the main difference between CRDT and AGG?

CRDT is categorized as Multisector Bonds, while AGG is Total Bond Market. They also come from different issuers: Simplify and iShares. Their fees differ too: 0.50% for CRDT and 0.03% for AGG.

Which has better risk-adjusted returns?

AGG currently has the higher Sharpe Ratio (1.38 vs 0.47), 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.