HTO vs. AGG

Last updated Apr 1, 2026

Compare and contrast key facts about H2O America (HTO) and iShares Core U.S. Aggregate Bond ETF (AGG).

AGG is a passively managed fund by iShares that tracks the performance of the Bloomberg U.S. Aggregate Bond Index. It was launched on Sep 22, 2003.

Performance

HTO vs. AGG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in H2O America (HTO) and iShares Core U.S. Aggregate Bond ETF (AGG). The values are adjusted to include any dividend payments, if applicable.

HTO vs. AGG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HTO H2O America	20.77%	2.92%	-22.57%	-17.78%	13.40%	7.66%	-0.43%	30.19%	-11.20%	16.22%
AGG iShares Core U.S. Aggregate Bond ETF	0.02%	7.19%	1.31%	5.65%	-13.02%	-1.77%	7.48%	8.46%	0.09%	3.55%

Returns By Period

In the year-to-date period, HTO achieves a 20.77% return, which is significantly higher than AGG's 0.02% return. Over the past 10 years, HTO has outperformed AGG with an annualized return of 7.21%, while AGG has yielded a comparatively lower 1.66% annualized return.

HTO

• 1D: -0.51%
• 1M: 9.07%
• YTD: 20.77%
• 6M: 22.57%
• 1Y: 10.95%
• 3Y*: -5.65%
• 5Y*: 1.27%
• 10Y*: 7.21%

AGG

• 1D: 0.23%
• 1M: -1.79%
• YTD: 0.02%
• 6M: 0.97%
• 1Y: 4.36%
• 3Y*: 3.59%
• 5Y*: 0.23%
• 10Y*: 1.66%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

HTO vs. AGG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HTO

HTO Risk / Return Rank: 54
HTO Sharpe Ratio Rank: 58
HTO Sortino Ratio Rank: 51
HTO Omega Ratio Rank: 48
HTO Calmar Ratio Rank: 57
HTO Martin Ratio Rank: 55

AGG

AGG Risk / Return Rank: 60
AGG Sharpe Ratio Rank: 60
AGG Sortino Ratio Rank: 58
AGG Omega Ratio Rank: 50
AGG Calmar Ratio Rank: 74
AGG Martin Ratio Rank: 57

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HTO vs. AGG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for H2O America (HTO) 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.

	HTO	AGG	Difference
Sharpe ratio Return per unit of total volatility	0.45	1.00	-0.55
Sortino ratio Return per unit of downside risk	0.82	1.42	-0.60
Omega ratio Gain probability vs. loss probability	1.10	1.18	-0.08
Calmar ratio Return relative to maximum drawdown	0.67	1.81	-1.15
Martin ratio Return relative to average drawdown	1.35	5.07	-3.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HTO vs. AGG - Sharpe Ratio Comparison

The current HTO Sharpe Ratio is 0.45, which is lower than the AGG Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of HTO and AGG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HTO	AGG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.45	1.00	-0.55
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.05	0.04	+0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.24	0.31	-0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.59	-0.20

Correlation

The correlation between HTO and AGG is -0.01. 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.

Dividends

HTO vs. AGG - Dividend Comparison

HTO's dividend yield for the trailing twelve months is around 2.90%, less than AGG's 3.93% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HTO H2O America	2.90%	3.43%	3.25%	2.33%	1.77%	1.86%	1.85%	1.69%	2.01%	1.63%	1.45%	2.63%
AGG iShares Core U.S. Aggregate Bond ETF	3.93%	3.89%	3.74%	3.13%	2.39%	1.77%	2.14%	2.70%	2.72%	2.32%	2.39%	2.45%

Drawdowns

HTO vs. AGG - Drawdown Comparison

The maximum HTO drawdown since its inception was -54.53%, which is greater than AGG's maximum drawdown of -18.43%. Use the drawdown chart below to compare losses from any high point for HTO and AGG.

Drawdown Indicators

	HTO	AGG	Difference
Max Drawdown Largest peak-to-trough decline	-54.53%	-18.43%	-36.10%
Max Drawdown (1Y) Largest decline over 1 year	-19.77%	-2.52%	-17.25%
Max Drawdown (5Y) Largest decline over 5 years	-42.85%	-17.82%	-25.03%
Max Drawdown (10Y) Largest decline over 10 years	-42.85%	-18.43%	-24.42%
Current Drawdown Current decline from peak	-23.10%	-2.36%	-20.74%
Average Drawdown Average peak-to-trough decline	-15.87%	-2.71%	-13.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.76%	0.90%	+8.86%

Volatility

HTO vs. AGG - Volatility Comparison

H2O America (HTO) has a higher volatility of 8.40% compared to iShares Core U.S. Aggregate Bond ETF (AGG) at 1.66%. This indicates that HTO'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.

Volatility by Period

	HTO	AGG	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.40%	1.66%	+6.74%
Volatility (6M) Calculated over the trailing 6-month period	17.01%	2.55%	+14.46%
Volatility (1Y) Calculated over the trailing 1-year period	24.26%	4.37%	+19.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.93%	6.07%	+17.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.65%	5.39%	+24.26%