FLDR vs. AGG
Compare and contrast key facts about Fidelity Low Duration Bond Factor ETF (FLDR) and iShares Core U.S. Aggregate Bond ETF (AGG).
FLDR and AGG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLDR is a passively managed fund by Fidelity that tracks the performance of the Fidelity Low Duration Investment Grade Factor Index. It was launched on Jun 12, 2018. AGG is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Sep 22, 2003. Both FLDR and AGG 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: FLDR or AGG.
Key characteristics
| FLDR | AGG | |
|---|---|---|
| YTD Return | 1.47% | -3.03% |
| 1Y Return | 5.69% | -1.54% |
| 3Y Return (Ann) | 2.49% | -3.55% |
| 5Y Return (Ann) | 2.31% | -0.16% |
| Sharpe Ratio | 4.96 | -0.13 |
| Daily Std Dev | 1.16% | 6.93% |
| Max Drawdown | -12.23% | -18.43% |
| Current Drawdown | -0.06% | -12.84% |
Correlation
The correlation between FLDR and AGG is 0.46, 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
FLDR vs. AGG - Performance Comparison
In the year-to-date period, FLDR achieves a 1.47% return, which is significantly higher than AGG's -3.03% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FLDR vs. AGG - Expense Ratio Comparison
FLDR has a 0.15% expense ratio, which is higher than AGG'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
FLDR vs. AGG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Low Duration Bond Factor ETF (FLDR) 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.
Dividends
FLDR vs. AGG - Dividend Comparison
FLDR's dividend yield for the trailing twelve months is around 5.48%, more than AGG's 3.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLDR Fidelity Low Duration Bond Factor ETF | 5.04% | 5.28% | 2.09% | 0.51% | 1.22% | 2.69% | 1.38% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AGG iShares Core U.S. Aggregate Bond ETF | 3.40% | 3.13% | 2.39% | 1.77% | 2.14% | 2.70% | 2.96% | 2.32% | 2.39% | 2.45% | 2.40% | 2.32% |
Drawdowns
FLDR vs. AGG - Drawdown Comparison
The maximum FLDR drawdown since its inception was -12.23%, smaller than the maximum AGG drawdown of -18.43%. Use the drawdown chart below to compare losses from any high point for FLDR and AGG. For additional features, visit the drawdowns tool.
Volatility
FLDR vs. AGG - Volatility Comparison
The current volatility for Fidelity Low Duration Bond Factor ETF (FLDR) is 0.34%, while iShares Core U.S. Aggregate Bond ETF (AGG) has a volatility of 1.85%. This indicates that FLDR experiences smaller price fluctuations and is considered to be less risky than AGG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.