FCOR vs. AGG
FCOR (Fidelity Corporate Bond ETF) and AGG (iShares Core U.S. Aggregate Bond ETF) are both exchange-traded funds - FCOR is a Corporate Bonds fund actively managed by Fidelity, while AGG is a Total Bond Market fund tracking the Bloomberg U.S. Aggregate Bond Index. FCOR is actively managed, while AGG is passively managed. Over the past 10 years, FCOR returned 2.89%/yr vs 1.57%/yr for AGG. Their correlation of 0.80 suggests significant overlap in exposure. FCOR charges 0.36%/yr vs 0.03%/yr for AGG.
Performance
FCOR vs. AGG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FCOR achieves a 0.48% return, which is significantly higher than AGG's 0.25% return. Over the past 10 years, FCOR has outperformed AGG with an annualized return of 2.89%, while AGG has yielded a comparatively lower 1.57% annualized return.
FCOR
- 1D
- -0.21%
- 1M
- 0.67%
- YTD
- 0.48%
- 6M
- 0.32%
- 1Y
- 6.06%
- 3Y*
- 5.65%
- 5Y*
- 0.70%
- 10Y*
- 2.89%
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%
FCOR vs. AGG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FCOR Fidelity Corporate Bond ETF | 0.48% | 7.88% | 3.01% | 8.95% | -15.88% | -1.64% | 11.39% | 14.87% | -3.04% | 6.13% |
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 FCOR and AGG is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.88 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.93 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.92 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Oct 10, 2014 | 0.80 |
The correlation between FCOR and AGG shifts across timeframes, from 0.80 (all time) to 0.93 (3 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FCOR vs. AGG — Risk / Return Rank
FCOR
AGG
FCOR vs. AGG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Corporate Bond ETF (FCOR) 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.
| FCOR | AGG | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.39 | 1.34 | +0.05 |
Sortino ratioReturn per unit of downside risk | 2.02 | 2.00 | +0.02 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.24 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.99 | 1.87 | +0.12 |
Martin ratioReturn relative to average drawdown | 6.21 | 5.73 | +0.48 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| FCOR | AGG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.39 | 1.34 | +0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.10 | 0.02 | +0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.41 | 0.29 | +0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 0.59 | -0.17 |
Drawdowns
FCOR vs. AGG - Drawdown Comparison
The maximum FCOR drawdown since its inception was -22.60%, which is greater than AGG's maximum drawdown of -18.43%. Use the drawdown chart below to compare losses from any high point for FCOR and AGG.
Loading charts...
Drawdown Indicators
| FCOR | AGG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.60% | -18.43% | -4.17% |
Max Drawdown (1Y)Largest decline over 1 year | -3.06% | -2.76% | -0.30% |
Max Drawdown (3Y)Largest decline over 3 years | -6.60% | -6.11% | -0.49% |
Max Drawdown (5Y)Largest decline over 5 years | -22.60% | -17.82% | -4.78% |
Max Drawdown (10Y)Largest decline over 10 years | -22.60% | -18.43% | -4.17% |
Current DrawdownCurrent decline from peak | -1.18% | -2.14% | +0.96% |
Average DrawdownAverage peak-to-trough decline | -4.73% | -2.71% | -2.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.98% | 0.90% | +0.08% |
Volatility
FCOR vs. AGG - Volatility Comparison
Fidelity Corporate Bond ETF (FCOR) has a higher volatility of 1.61% compared to iShares Core U.S. Aggregate Bond ETF (AGG) at 1.30%. This indicates that FCOR'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.
Loading charts...
Volatility by Period
| FCOR | AGG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.61% | 1.30% | +0.31% |
Volatility (6M)Calculated over the trailing 6-month period | 3.32% | 2.74% | +0.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.38% | 3.85% | +0.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.06% | 6.09% | +0.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.10% | 5.40% | +1.70% |
FCOR vs. AGG - Expense Ratio Comparison
FCOR has a 0.36% expense ratio, which is higher than AGG's 0.03% expense ratio.
Dividends
FCOR vs. AGG - Dividend Comparison
FCOR's dividend yield for the trailing twelve months is around 4.55%, 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% |
FCOR Fidelity Corporate Bond ETF | 4.55% | 4.47% | 4.35% | 3.70% | 3.30% | 2.34% | 2.99% | 3.10% | 3.65% | 2.81% | 3.04% | 3.82% |
Frequently Asked Questions
FCOR and AGG have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FCOR has higher volatility (1.61%) compared to AGG (1.30%). In terms of maximum drawdown, FCOR dropped -22.60% vs AGG's -18.43%.
On 10-year performance, FCOR leads with 2.89% 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, FCOR has performed better with a 2.89% 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 0.36% for FCOR.
FCOR has the higher dividend yield at 4.55%, compared with 3.99% for AGG.
FCOR is categorized as Corporate Bonds, while AGG is Total Bond Market. They also come from different issuers: Fidelity and iShares. Their fees differ too: 0.36% for FCOR and 0.03% for AGG.
FCOR currently has the higher Sharpe Ratio (1.39 vs 1.34), 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.
Find the right allocation for FCOR and AGG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer