DGCB vs. IAGG
Compare and contrast key facts about Dimensional Global Credit ETF (DGCB) and iShares Core International Aggregate Bond ETF (IAGG).
DGCB and IAGG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DGCB is an actively managed fund by Dimensional. It was launched on Nov 7, 2023. IAGG is a passively managed fund by iShares that tracks the performance of the Bloomberg Global Aggregate ex USD 10% Issuer Capped (Hedged) Index. It was launched on Nov 10, 2015.
Performance
DGCB vs. IAGG - Performance Comparison
Loading graphics...
DGCB vs. IAGG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
DGCB Dimensional Global Credit ETF | -0.19% | 6.68% | 3.80% | 6.14% |
IAGG iShares Core International Aggregate Bond ETF | 0.27% | 3.26% | 4.51% | 4.33% |
Returns By Period
In the year-to-date period, DGCB achieves a -0.19% return, which is significantly lower than IAGG's 0.27% return.
DGCB
- 1D
- 0.68%
- 1M
- -2.04%
- YTD
- -0.19%
- 6M
- 0.41%
- 1Y
- 4.71%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IAGG
- 1D
- 0.46%
- 1M
- -1.61%
- YTD
- 0.27%
- 6M
- 0.89%
- 1Y
- 3.40%
- 3Y*
- 4.48%
- 5Y*
- 0.97%
- 10Y*
- 2.23%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DGCB vs. IAGG - Expense Ratio Comparison
DGCB has a 0.20% expense ratio, which is higher than IAGG's 0.07% 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%.
Return for Risk
DGCB vs. IAGG — Risk / Return Rank
DGCB
IAGG
DGCB vs. IAGG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dimensional Global Credit ETF (DGCB) and iShares Core International Aggregate Bond ETF (IAGG). 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.
| DGCB | IAGG | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.06 | 1.30 | -0.25 |
Sortino ratioReturn per unit of downside risk | 1.48 | 1.84 | -0.36 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.23 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.60 | 1.47 | +0.12 |
Martin ratioReturn relative to average drawdown | 5.56 | 6.38 | -0.82 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| DGCB | IAGG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.06 | 1.30 | -0.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.22 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.55 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.45 | 0.61 | +0.83 |
Correlation
The correlation between DGCB and IAGG is 0.80, 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.
Dividends
DGCB vs. IAGG - Dividend Comparison
DGCB's dividend yield for the trailing twelve months is around 2.85%, less than IAGG's 3.29% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DGCB Dimensional Global Credit ETF | 2.85% | 3.43% | 4.72% | 0.63% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IAGG iShares Core International Aggregate Bond ETF | 3.29% | 3.08% | 4.28% | 3.55% | 2.27% | 1.16% | 1.95% | 2.82% | 3.02% | 1.74% | 1.56% | 0.13% |
Drawdowns
DGCB vs. IAGG - Drawdown Comparison
The maximum DGCB drawdown since its inception was -3.50%, smaller than the maximum IAGG drawdown of -13.88%. Use the drawdown chart below to compare losses from any high point for DGCB and IAGG.
Loading graphics...
Drawdown Indicators
| DGCB | IAGG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.50% | -13.88% | +10.38% |
Max Drawdown (1Y)Largest decline over 1 year | -3.08% | -2.32% | -0.76% |
Max Drawdown (5Y)Largest decline over 5 years | — | -13.57% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -13.88% | — |
Current DrawdownCurrent decline from peak | -2.04% | -1.61% | -0.43% |
Average DrawdownAverage peak-to-trough decline | -0.77% | -2.87% | +2.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.88% | 0.54% | +0.34% |
Volatility
DGCB vs. IAGG - Volatility Comparison
Dimensional Global Credit ETF (DGCB) has a higher volatility of 2.15% compared to iShares Core International Aggregate Bond ETF (IAGG) at 1.47%. This indicates that DGCB's price experiences larger fluctuations and is considered to be riskier than IAGG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| DGCB | IAGG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.15% | 1.47% | +0.68% |
Volatility (6M)Calculated over the trailing 6-month period | 2.72% | 1.91% | +0.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.49% | 2.62% | +1.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.82% | 4.47% | +0.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.82% | 4.03% | +0.79% |