PortfoliosLab logo
Tools
Performance Analysis
Risk Analysis
Optimization
Factor Model
See All Tools
Portfolio Analysis
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
EMNT vs. AGZD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


EMNTAGZD
YTD Return2.08%2.15%
1Y Return5.85%8.35%
3Y Return (Ann)2.46%3.50%
Sharpe Ratio4.962.72
Daily Std Dev1.18%3.10%
Max Drawdown-2.28%-8.45%
Current Drawdown-0.01%-0.36%

Correlation

-0.50.00.51.0-0.1

The correlation between EMNT and AGZD is -0.12. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Performance

EMNT vs. AGZD - Performance Comparison

The year-to-date returns for both investments are quite close, with EMNT having a 2.08% return and AGZD slightly higher at 2.15%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


7.00%8.00%9.00%10.00%11.00%12.00%13.00%December2024FebruaryMarchAprilMay
10.22%
12.10%
EMNT
AGZD

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


PIMCO Enhanced Short Maturity Active ESG Exchange-Traded Fund

WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund

EMNT vs. AGZD - Expense Ratio Comparison

EMNT has a 0.27% expense ratio, which is higher than AGZD's 0.23% 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%.


EMNT
PIMCO Enhanced Short Maturity Active ESG Exchange-Traded Fund
Expense ratio chart for EMNT: current value at 0.27% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.27%
Expense ratio chart for AGZD: current value at 0.23% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.23%

Risk-Adjusted Performance

EMNT vs. AGZD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO Enhanced Short Maturity Active ESG Exchange-Traded Fund (EMNT) and WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD). 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.


EMNT
Sharpe ratio
The chart of Sharpe ratio for EMNT, currently valued at 4.96, compared to the broader market0.002.004.004.96
Sortino ratio
The chart of Sortino ratio for EMNT, currently valued at 7.59, compared to the broader market-2.000.002.004.006.008.007.59
Omega ratio
The chart of Omega ratio for EMNT, currently valued at 4.37, compared to the broader market0.501.001.502.002.504.37
Calmar ratio
The chart of Calmar ratio for EMNT, currently valued at 8.02, compared to the broader market0.002.004.006.008.0010.0012.0014.008.02
Martin ratio
The chart of Martin ratio for EMNT, currently valued at 121.37, compared to the broader market0.0020.0040.0060.0080.00121.37
AGZD
Sharpe ratio
The chart of Sharpe ratio for AGZD, currently valued at 2.72, compared to the broader market0.002.004.002.72
Sortino ratio
The chart of Sortino ratio for AGZD, currently valued at 4.22, compared to the broader market-2.000.002.004.006.008.004.22
Omega ratio
The chart of Omega ratio for AGZD, currently valued at 1.53, compared to the broader market0.501.001.502.002.501.53
Calmar ratio
The chart of Calmar ratio for AGZD, currently valued at 7.92, compared to the broader market0.002.004.006.008.0010.0012.0014.007.92
Martin ratio
The chart of Martin ratio for AGZD, currently valued at 34.26, compared to the broader market0.0020.0040.0060.0080.0034.26

EMNT vs. AGZD - Sharpe Ratio Comparison

The current EMNT Sharpe Ratio is 4.96, which is higher than the AGZD Sharpe Ratio of 2.72. The chart below compares the 12-month rolling Sharpe Ratio of EMNT and AGZD.


Rolling 12-month Sharpe Ratio2.004.006.008.0010.00December2024FebruaryMarchAprilMay
4.96
2.72
EMNT
AGZD

Dividends

EMNT vs. AGZD - Dividend Comparison

EMNT's dividend yield for the trailing twelve months is around 5.05%, less than AGZD's 6.17% yield.


TTM20232022202120202019201820172016201520142013
EMNT
PIMCO Enhanced Short Maturity Active ESG Exchange-Traded Fund
5.05%4.62%2.79%0.83%1.44%0.13%0.00%0.00%0.00%0.00%0.00%0.00%
AGZD
WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund
6.17%6.07%8.61%1.66%2.28%2.83%2.62%2.31%1.95%2.37%1.69%0.05%

Drawdowns

EMNT vs. AGZD - Drawdown Comparison

The maximum EMNT drawdown since its inception was -2.28%, smaller than the maximum AGZD drawdown of -8.45%. Use the drawdown chart below to compare losses from any high point for EMNT and AGZD. For additional features, visit the drawdowns tool.


-0.80%-0.60%-0.40%-0.20%0.00%December2024FebruaryMarchAprilMay
-0.01%
-0.36%
EMNT
AGZD

Volatility

EMNT vs. AGZD - Volatility Comparison

The current volatility for PIMCO Enhanced Short Maturity Active ESG Exchange-Traded Fund (EMNT) is 0.17%, while WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD) has a volatility of 0.72%. This indicates that EMNT experiences smaller price fluctuations and is considered to be less risky than AGZD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%0.50%1.00%1.50%December2024FebruaryMarchAprilMay
0.17%
0.72%
EMNT
AGZD