HYGI vs. AGG
Compare and contrast key facts about iShares Inflation Hedged High Yield Bond ETF (HYGI) and iShares Core U.S. Aggregate Bond ETF (AGG).
HYGI and AGG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HYGI is a passively managed fund by iShares that tracks the performance of the BlackRock Inflation Hedged High Yield Bond Index - Benchmark TR Gross. It was launched on Jun 22, 2022. 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 HYGI 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: HYGI or AGG.
Correlation
The correlation between HYGI and AGG is 0.49, 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
HYGI vs. AGG - Performance Comparison
Key characteristics
HYGI:
2.69
AGG:
0.73
HYGI:
3.97
AGG:
1.08
HYGI:
1.54
AGG:
1.13
HYGI:
6.24
AGG:
0.29
HYGI:
23.26
AGG:
1.82
HYGI:
0.47%
AGG:
2.11%
HYGI:
4.04%
AGG:
5.24%
HYGI:
-9.65%
AGG:
-18.43%
HYGI:
-0.38%
AGG:
-8.11%
Returns By Period
In the year-to-date period, HYGI achieves a 2.20% return, which is significantly higher than AGG's 0.90% return.
HYGI
2.20%
1.13%
5.52%
11.00%
N/A
N/A
AGG
0.90%
0.88%
-1.39%
4.08%
-0.65%
1.36%
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HYGI vs. AGG - Expense Ratio Comparison
HYGI has a 0.52% expense ratio, which is higher than AGG's 0.05% expense ratio.
Risk-Adjusted Performance
HYGI vs. AGG — Risk-Adjusted Performance Rank
HYGI
AGG
HYGI vs. AGG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Inflation Hedged High Yield Bond ETF (HYGI) 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
HYGI vs. AGG - Dividend Comparison
HYGI's dividend yield for the trailing twelve months is around 6.04%, more than AGG's 3.75% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HYGI iShares Inflation Hedged High Yield Bond ETF | 6.04% | 6.08% | 6.22% | 3.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AGG iShares Core U.S. Aggregate Bond ETF | 3.75% | 3.74% | 3.13% | 2.39% | 1.77% | 2.14% | 2.70% | 2.96% | 2.32% | 2.39% | 2.45% | 2.40% |
Drawdowns
HYGI vs. AGG - Drawdown Comparison
The maximum HYGI drawdown since its inception was -9.65%, smaller than the maximum AGG drawdown of -18.43%. Use the drawdown chart below to compare losses from any high point for HYGI and AGG. For additional features, visit the drawdowns tool.
Volatility
HYGI vs. AGG - Volatility Comparison
iShares Inflation Hedged High Yield Bond ETF (HYGI) has a higher volatility of 1.66% compared to iShares Core U.S. Aggregate Bond ETF (AGG) at 1.45%. This indicates that HYGI'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.