EAGG vs. VTEB
Compare and contrast key facts about iShares ESG Aware US Aggregate Bond ETF (EAGG) and Vanguard Tax-Exempt Bond ETF (VTEB).
EAGG and VTEB 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. VTEB is a passively managed fund by Vanguard that tracks the performance of the S&P National AMT-Free Municipal Bond Index. It was launched on Aug 21, 2015. Both EAGG and VTEB 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 VTEB.
Key characteristics
| EAGG | VTEB | |
|---|---|---|
| YTD Return | 1.98% | 0.68% |
| 1Y Return | 7.77% | 6.18% |
| 3Y Return (Ann) | -2.41% | -0.41% |
| 5Y Return (Ann) | -0.11% | 1.12% |
| Sharpe Ratio | 1.40 | 1.69 |
| Sortino Ratio | 2.05 | 2.46 |
| Omega Ratio | 1.25 | 1.33 |
| Calmar Ratio | 0.51 | 0.81 |
| Martin Ratio | 4.93 | 7.34 |
| Ulcer Index | 1.65% | 0.90% |
| Daily Std Dev | 5.82% | 3.89% |
| Max Drawdown | -18.74% | -17.00% |
| Current Drawdown | -8.77% | -2.10% |
Correlation
The correlation between EAGG and VTEB is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
EAGG vs. VTEB - Performance Comparison
In the year-to-date period, EAGG achieves a 1.98% return, which is significantly higher than VTEB's 0.68% 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. VTEB - Expense Ratio Comparison
EAGG has a 0.10% expense ratio, which is higher than VTEB's 0.05% 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%.
Risk-Adjusted Performance
EAGG vs. VTEB - 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 Tax-Exempt Bond ETF (VTEB). 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. VTEB - Dividend Comparison
EAGG's dividend yield for the trailing twelve months is around 3.84%, more than VTEB's 3.12% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
EAGG iShares ESG Aware US Aggregate Bond ETF | 3.84% | 3.24% | 2.07% | 1.09% | 1.82% | 3.17% | 0.61% | 0.00% | 0.00% | 0.00% |
VTEB Vanguard Tax-Exempt Bond ETF | 3.12% | 2.79% | 2.09% | 1.65% | 1.99% | 2.30% | 2.25% | 1.96% | 1.66% | 0.58% |
Drawdowns
EAGG vs. VTEB - Drawdown Comparison
The maximum EAGG drawdown since its inception was -18.74%, which is greater than VTEB's maximum drawdown of -17.00%. Use the drawdown chart below to compare losses from any high point for EAGG and VTEB. For additional features, visit the drawdowns tool.
Volatility
EAGG vs. VTEB - Volatility Comparison
iShares ESG Aware US Aggregate Bond ETF (EAGG) and Vanguard Tax-Exempt Bond ETF (VTEB) have volatilities of 1.66% and 1.71%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.