EAGG vs. VCEB
Compare and contrast key facts about iShares ESG Aware US Aggregate Bond ETF (EAGG) and Vanguard ESG U.S. Corporate Bond ETF (VCEB).
EAGG and VCEB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EAGG is a passively managed fund by iShares that tracks the performance of the Bloomberg MSCI U.S. Aggregate ESG Focus Index. It was launched on Oct 18, 2018. VCEB is a passively managed fund by Vanguard that tracks the performance of the Bloomberg Barclays MSCI US Corp SRI Select Index. It was launched on Sep 22, 2020. Both EAGG and VCEB are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EAGG or VCEB.
Key characteristics
| EAGG | VCEB | |
|---|---|---|
| YTD Return | 1.98% | 3.50% |
| 1Y Return | 8.56% | 11.01% |
| 3Y Return (Ann) | -2.22% | -1.58% |
| Sharpe Ratio | 1.48 | 1.91 |
| Sortino Ratio | 2.18 | 2.89 |
| Omega Ratio | 1.26 | 1.34 |
| Calmar Ratio | 0.54 | 0.72 |
| Martin Ratio | 5.13 | 7.96 |
| Ulcer Index | 1.67% | 1.43% |
| Daily Std Dev | 5.78% | 5.97% |
| Max Drawdown | -18.74% | -21.61% |
| Current Drawdown | -8.77% | -6.61% |
Correlation
The correlation between EAGG and VCEB is 0.92, 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
EAGG vs. VCEB - Performance Comparison
In the year-to-date period, EAGG achieves a 1.98% return, which is significantly lower than VCEB's 3.50% 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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EAGG vs. VCEB - Expense Ratio Comparison
EAGG has a 0.10% expense ratio, which is lower than VCEB's 0.12% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
EAGG vs. VCEB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares ESG Aware US Aggregate Bond ETF (EAGG) and Vanguard ESG U.S. Corporate Bond ETF (VCEB). 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
EAGG vs. VCEB - Dividend Comparison
EAGG's dividend yield for the trailing twelve months is around 3.84%, less than VCEB's 4.32% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
EAGG iShares ESG Aware US Aggregate Bond ETF | 3.84% | 3.24% | 2.07% | 1.09% | 1.82% | 3.17% | 0.61% |
VCEB Vanguard ESG U.S. Corporate Bond ETF | 4.32% | 3.70% | 2.82% | 1.69% | 0.43% | 0.00% | 0.00% |
Drawdowns
EAGG vs. VCEB - Drawdown Comparison
The maximum EAGG drawdown since its inception was -18.74%, smaller than the maximum VCEB drawdown of -21.61%. Use the drawdown chart below to compare losses from any high point for EAGG and VCEB. For additional features, visit the drawdowns tool.
Volatility
EAGG vs. VCEB - Volatility Comparison
The current volatility for iShares ESG Aware US Aggregate Bond ETF (EAGG) is 1.69%, while Vanguard ESG U.S. Corporate Bond ETF (VCEB) has a volatility of 1.84%. This indicates that EAGG experiences smaller price fluctuations and is considered to be less risky than VCEB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.