EAGG vs. IAGG
EAGG (iShares ESG Aware US Aggregate Bond ETF) and IAGG (iShares Core International Aggregate Bond ETF) are both exchange-traded funds - EAGG is a Intermediate Core Bond fund tracking the Bloomberg MSCI U.S. Aggregate ESG Focus Index, while IAGG is a Global Bonds fund tracking the Bloomberg Global Aggregate ex USD 10% Issuer Capped (Hedged) Index. Both are passively managed. Over the past 5 years, EAGG returned 0.01%/yr vs 1.11%/yr for IAGG. A 0.76 correlation means they provide meaningful diversification when combined. EAGG charges 0.10%/yr vs 0.07%/yr for IAGG.
Performance
EAGG vs. IAGG - Performance Comparison
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Returns By Period
In the year-to-date period, EAGG achieves a 0.26% return, which is significantly lower than IAGG's 0.92% return.
EAGG
- 1D
- -0.19%
- 1M
- 0.27%
- YTD
- 0.26%
- 6M
- 0.09%
- 1Y
- 5.11%
- 3Y*
- 3.84%
- 5Y*
- 0.01%
- 10Y*
- —
IAGG
- 1D
- -0.20%
- 1M
- 0.66%
- YTD
- 0.92%
- 6M
- 0.72%
- 1Y
- 2.30%
- 3Y*
- 4.59%
- 5Y*
- 1.11%
- 10Y*
- 2.17%
EAGG vs. IAGG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
EAGG iShares ESG Aware US Aggregate Bond ETF | 0.26% | 7.18% | 1.12% | 5.58% | -13.63% | -1.30% | 7.40% | 8.68% | 2.35% |
IAGG iShares Core International Aggregate Bond ETF | 0.92% | 3.26% | 4.51% | 8.49% | -10.86% | -1.87% | 4.63% | 7.99% | 2.08% |
Correlation
The correlation between EAGG and IAGG is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.78 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.80 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Oct 24, 2018 | 0.76 |
The correlation between EAGG and IAGG has been stable across timeframes, ranging from 0.76 to 0.80 - a consistent structural relationship.
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Return for Risk
EAGG vs. IAGG — Risk / Return Rank
EAGG
IAGG
EAGG vs. IAGG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares ESG Aware US Aggregate Bond ETF (EAGG) 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.
| EAGG | IAGG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.54 | ||
| Sortino ratioReturn per unit of downside risk | +0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.15 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.86 | 1.00 | +0.87 |
| Martin ratioReturn relative to average drawdown | 5.75 | 2.99 | +2.76 |
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
| EAGG | IAGG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.35 | 0.81 | +0.54 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.00 | 0.25 | -0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.54 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 0.62 | -0.24 |
Drawdowns
EAGG vs. IAGG - Drawdown Comparison
The maximum EAGG drawdown since its inception was -18.74%, which is greater than IAGG's maximum drawdown of -13.88%. Use the drawdown chart below to compare losses from any high point for EAGG and IAGG.
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Drawdown Indicators
| EAGG | IAGG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.74% | -13.88% | -4.86% |
Max Drawdown (1Y)Largest decline over 1 year | -2.75% | -2.32% | -0.43% |
Max Drawdown (3Y)Largest decline over 3 years | -6.20% | -2.32% | -3.88% |
Max Drawdown (5Y)Largest decline over 5 years | -17.98% | -13.57% | -4.41% |
Max Drawdown (10Y)Largest decline over 10 years | — | -13.88% | — |
Current DrawdownCurrent decline from peak | -2.79% | -0.98% | -1.81% |
Average DrawdownAverage peak-to-trough decline | -6.05% | -2.85% | -3.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.89% | 0.77% | +0.12% |
Volatility
EAGG vs. IAGG - Volatility Comparison
iShares ESG Aware US Aggregate Bond ETF (EAGG) has a higher volatility of 1.26% compared to iShares Core International Aggregate Bond ETF (IAGG) at 1.18%. This indicates that EAGG'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.
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Volatility by Period
| EAGG | IAGG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.26% | 1.18% | +0.08% |
Volatility (6M)Calculated over the trailing 6-month period | 2.67% | 2.40% | +0.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.79% | 2.84% | +0.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.03% | 4.51% | +1.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.50% | 4.05% | +1.45% |
EAGG vs. IAGG - Expense Ratio Comparison
EAGG has a 0.10% 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%.
Dividends
EAGG vs. IAGG - Dividend Comparison
EAGG's dividend yield for the trailing twelve months is around 4.01%, more than IAGG's 3.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EAGG iShares ESG Aware US Aggregate Bond ETF | 4.01% | 3.92% | 3.93% | 3.24% | 2.07% | 1.09% | 1.82% | 3.17% | 0.61% | 0.00% | 0.00% | 0.00% |
IAGG iShares Core International Aggregate Bond ETF | 3.66% | 3.08% | 4.28% | 3.55% | 2.27% | 1.16% | 1.95% | 2.82% | 3.02% | 1.74% | 1.56% | 0.13% |
Frequently Asked Questions
EAGG and IAGG have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EAGG has higher volatility (1.26%) compared to IAGG (1.18%). In terms of maximum drawdown, EAGG dropped -18.74% vs IAGG's -13.88%.
On 5-year performance, IAGG leads with 1.11% vs 0.01% for EAGG. On fees, IAGG is cheaper at 0.07% 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, IAGG has performed better with a 1.11% return vs 0.01%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IAGG is cheaper with a 0.07% expense ratio, compared with 0.10% for EAGG.
EAGG has the higher dividend yield at 4.01%, compared with 3.66% for IAGG.
EAGG is categorized as Intermediate Core Bond, while IAGG is Global Bonds. EAGG tracks Bloomberg MSCI U.S. Aggregate ESG Focus Index, while IAGG tracks Bloomberg Global Aggregate ex USD 10% Issuer Capped (Hedged) Index. Their fees differ too: 0.10% for EAGG and 0.07% for IAGG.
EAGG currently has the higher Sharpe Ratio (1.35 vs 0.81), 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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