EDIV vs. AGG
EDIV (SPDR S&P Emerging Markets Dividend ETF) and AGG (iShares Core U.S. Aggregate Bond ETF) are both exchange-traded funds - EDIV is a Emerging Markets Equities fund tracking the S&P Emerging Markets Dividend Opportunities Index, while AGG is a Total Bond Market fund tracking the Bloomberg U.S. Aggregate Bond Index. Both are passively managed. Over the past 10 years, EDIV returned 9.16%/yr vs 1.57%/yr for AGG. At a correlation of -0.01, they often move in opposite directions. EDIV charges 0.49%/yr vs 0.03%/yr for AGG.
Performance
EDIV vs. AGG - Performance Comparison
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Returns By Period
In the year-to-date period, EDIV achieves a 6.42% return, which is significantly higher than AGG's 0.25% return. Over the past 10 years, EDIV has outperformed AGG with an annualized return of 9.16%, while AGG has yielded a comparatively lower 1.57% annualized return.
EDIV
- 1D
- -1.27%
- 1M
- 2.48%
- YTD
- 6.42%
- 6M
- 7.80%
- 1Y
- 14.08%
- 3Y*
- 19.05%
- 5Y*
- 10.66%
- 10Y*
- 9.16%
AGG
- 1D
- -0.21%
- 1M
- 0.24%
- YTD
- 0.25%
- 6M
- 0.09%
- 1Y
- 5.14%
- 3Y*
- 3.95%
- 5Y*
- 0.10%
- 10Y*
- 1.57%
EDIV vs. AGG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EDIV SPDR S&P Emerging Markets Dividend ETF | 6.42% | 16.45% | 12.75% | 41.91% | -15.31% | 11.21% | -9.95% | 11.80% | -6.16% | 28.20% |
AGG iShares Core U.S. Aggregate Bond ETF | 0.25% | 7.19% | 1.31% | 5.65% | -13.02% | -1.77% | 7.48% | 8.46% | 0.09% | 3.55% |
Correlation
The correlation between EDIV and AGG is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Feb 25, 2011 | -0.01 |
The correlation between EDIV and AGG shifts across timeframes, from -0.01 (all time) to 0.37 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
EDIV vs. AGG — Risk / Return Rank
EDIV
AGG
EDIV vs. AGG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Emerging Markets Dividend ETF (EDIV) 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.
| EDIV | AGG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.18 | ||
| Sortino ratioReturn per unit of downside risk | -0.30 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.24 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.37 | 1.87 | -0.50 |
| Martin ratioReturn relative to average drawdown | 4.23 | 5.73 | -1.50 |
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
| EDIV | AGG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.16 | 1.34 | -0.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.78 | 0.02 | +0.76 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | 0.29 | +0.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.17 | 0.59 | -0.42 |
Drawdowns
EDIV vs. AGG - Drawdown Comparison
The maximum EDIV drawdown since its inception was -53.36%, which is greater than AGG's maximum drawdown of -18.43%. Use the drawdown chart below to compare losses from any high point for EDIV and AGG.
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Drawdown Indicators
| EDIV | AGG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.36% | -18.43% | -34.93% |
Max Drawdown (1Y)Largest decline over 1 year | -10.36% | -2.76% | -7.60% |
Max Drawdown (3Y)Largest decline over 3 years | -13.84% | -6.11% | -7.73% |
Max Drawdown (5Y)Largest decline over 5 years | -28.32% | -17.82% | -10.50% |
Max Drawdown (10Y)Largest decline over 10 years | -40.76% | -18.43% | -22.33% |
Current DrawdownCurrent decline from peak | -4.07% | -2.14% | -1.93% |
Average DrawdownAverage peak-to-trough decline | -19.36% | -2.71% | -16.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.34% | 0.90% | +2.44% |
Volatility
EDIV vs. AGG - Volatility Comparison
SPDR S&P Emerging Markets Dividend ETF (EDIV) has a higher volatility of 4.11% compared to iShares Core U.S. Aggregate Bond ETF (AGG) at 1.30%. This indicates that EDIV'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.
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Volatility by Period
| EDIV | AGG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.11% | 1.30% | +2.81% |
Volatility (6M)Calculated over the trailing 6-month period | 10.03% | 2.74% | +7.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.19% | 3.85% | +8.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.83% | 6.09% | +7.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.49% | 5.40% | +12.09% |
EDIV vs. AGG - Expense Ratio Comparison
EDIV has a 0.49% expense ratio, which is higher than AGG's 0.03% expense ratio.
Dividends
EDIV vs. AGG - Dividend Comparison
EDIV's dividend yield for the trailing twelve months is around 4.50%, more than AGG's 3.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGG iShares Core U.S. Aggregate Bond ETF | 3.99% | 3.89% | 3.74% | 3.13% | 2.39% | 1.77% | 2.14% | 2.70% | 2.72% | 2.32% | 2.39% | 2.45% |
EDIV SPDR S&P Emerging Markets Dividend ETF | 4.50% | 4.69% | 3.94% | 4.26% | 4.94% | 3.84% | 3.52% | 3.83% | 3.41% | 2.99% | 4.94% | 5.33% |
Frequently Asked Questions
EDIV and AGG have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EDIV has higher volatility (4.11%) compared to AGG (1.30%). In terms of maximum drawdown, EDIV dropped -53.36% vs AGG's -18.43%.
On 10-year performance, EDIV leads with 9.16% vs 1.57% for AGG. On fees, AGG is cheaper at 0.03% per year. On volatility, AGG has been the lower-risk option at 1.30%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, EDIV has performed better with a 9.16% return vs 1.57%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
AGG is cheaper with a 0.03% expense ratio, compared with 0.49% for EDIV.
EDIV has the higher dividend yield at 4.50%, compared with 3.99% for AGG.
EDIV is categorized as Emerging Markets Equities, while AGG is Total Bond Market. EDIV tracks S&P Emerging Markets Dividend Opportunities Index, while AGG tracks Bloomberg U.S. Aggregate Bond Index. They also come from different issuers: State Street and iShares. Their fees differ too: 0.49% for EDIV and 0.03% for AGG.
AGG currently has the higher Sharpe Ratio (1.34 vs 1.16), 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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