FARX vs. AGZD
FARX (Frontier Asset Absolute Return ETF) and AGZD (WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund) are both exchange-traded funds - FARX is a Multistrategy fund actively managed by Frontier, while AGZD is a Nontraditional Bonds fund tracking the Bloomberg Rate Hedged U.S. Aggregate Bond Index, Zero Duration. FARX is actively managed, while AGZD is passively managed. Over the past year, FARX returned 20.01% vs 5.26% for AGZD. At a correlation of -0.05, they often move in opposite directions. FARX charges 1.00%/yr vs 0.23%/yr for AGZD.
Performance
FARX vs. AGZD - Performance Comparison
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Returns By Period
In the year-to-date period, FARX achieves a 9.60% return, which is significantly higher than AGZD's 2.22% return.
FARX
- 1D
- -0.14%
- 1M
- 1.27%
- YTD
- 9.60%
- 6M
- 10.73%
- 1Y
- 20.01%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AGZD
- 1D
- -0.18%
- 1M
- 0.67%
- YTD
- 2.22%
- 6M
- 2.64%
- 1Y
- 5.26%
- 3Y*
- 6.02%
- 5Y*
- 4.32%
- 10Y*
- 3.15%
FARX vs. AGZD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
FARX Frontier Asset Absolute Return ETF | 9.60% | 10.61% | 0.35% |
AGZD WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund | 2.22% | 4.35% | 0.29% |
Correlation
The correlation between FARX and AGZD is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.04 |
Correlation (All Time) Calculated using the full available price history since Dec 23, 2024 | -0.05 |
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Return for Risk
FARX vs. AGZD — Risk / Return Rank
FARX
AGZD
FARX vs. AGZD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Frontier Asset Absolute Return ETF (FARX) 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.
| FARX | AGZD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.06 | ||
| Sortino ratioReturn per unit of downside risk | +1.23 | ||
| Omega ratioGain probability vs. loss probability | 1.58 | 1.36 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 7.19 | 6.09 | +1.09 |
| Martin ratioReturn relative to average drawdown | 24.70 | 19.08 | +5.63 |
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
| FARX | AGZD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.89 | 1.83 | +1.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.21 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.85 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.12 | 0.64 | +1.47 |
Drawdowns
FARX vs. AGZD - Drawdown Comparison
The maximum FARX drawdown since its inception was -5.83%, smaller than the maximum AGZD drawdown of -8.46%. Use the drawdown chart below to compare losses from any high point for FARX and AGZD.
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Drawdown Indicators
| FARX | AGZD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.83% | -8.46% | +2.63% |
Max Drawdown (1Y)Largest decline over 1 year | -2.80% | -0.87% | -1.93% |
Max Drawdown (3Y)Largest decline over 3 years | — | -1.71% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -2.23% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -8.46% | — |
Current DrawdownCurrent decline from peak | -0.30% | -0.39% | +0.09% |
Average DrawdownAverage peak-to-trough decline | -1.02% | -0.77% | -0.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.81% | 0.28% | +0.53% |
Volatility
FARX vs. AGZD - Volatility Comparison
Frontier Asset Absolute Return ETF (FARX) has a higher volatility of 1.42% compared to WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD) at 1.03%. This indicates that FARX's price experiences larger fluctuations and is considered to be riskier than AGZD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FARX | AGZD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.42% | 1.03% | +0.39% |
Volatility (6M)Calculated over the trailing 6-month period | 5.49% | 1.99% | +3.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.96% | 2.89% | +4.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.94% | 3.59% | +3.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.94% | 3.72% | +3.22% |
FARX vs. AGZD - Expense Ratio Comparison
FARX has a 1.00% expense ratio, which is higher than AGZD's 0.23% expense ratio.
Dividends
FARX vs. AGZD - Dividend Comparison
FARX's dividend yield for the trailing twelve months is around 2.89%, less than AGZD's 3.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGZD WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund | 3.99% | 4.12% | 3.96% | 6.07% | 8.61% | 1.66% | 2.28% | 2.83% | 2.62% | 2.31% | 1.81% | 1.66% |
FARX Frontier Asset Absolute Return ETF | 2.89% | 3.25% | 0.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FARX and AGZD have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FARX has higher volatility (1.42%) compared to AGZD (1.03%). In terms of maximum drawdown, FARX dropped -5.83% vs AGZD's -8.46%.
On 1-year performance, FARX leads with 20.01% vs 5.26% for AGZD. On fees, AGZD is cheaper at 0.23% per year. On volatility, AGZD has been the lower-risk option at 1.03%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, FARX has performed better with a 20.01% return vs 5.26%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
AGZD is cheaper with a 0.23% expense ratio, compared with 1.00% for FARX.
AGZD has the higher dividend yield at 3.99%, compared with 2.89% for FARX.
FARX is categorized as Multistrategy, while AGZD is Nontraditional Bonds. They also come from different issuers: Frontier and WisdomTree. Their fees differ too: 1.00% for FARX and 0.23% for AGZD.
FARX currently has the higher Sharpe Ratio (2.89 vs 1.83), 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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