IBM vs. AGG
IBM (International Business Machines Corporation) is a stock, while AGG (iShares Core U.S. Aggregate Bond ETF) is Total Bond Market fund tracking the Bloomberg U.S. Aggregate Bond Index. Over the past 10 years, IBM returned 11.34%/yr vs 1.52%/yr for AGG. At a correlation of -0.09, they often move in opposite directions.
Performance
IBM vs. AGG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IBM achieves a -3.95% return, which is significantly lower than AGG's -0.08% return. Over the past 10 years, IBM has outperformed AGG with an annualized return of 11.34%, while AGG has yielded a comparatively lower 1.52% annualized return.
IBM
- 1D
- -1.41%
- 1M
- 22.22%
- YTD
- -3.95%
- 6M
- -7.98%
- 1Y
- 7.12%
- 3Y*
- 31.74%
- 5Y*
- 18.84%
- 10Y*
- 11.34%
AGG
- 1D
- 0.00%
- 1M
- -0.69%
- YTD
- -0.08%
- 6M
- 0.26%
- 1Y
- 4.97%
- 3Y*
- 3.88%
- 5Y*
- -0.03%
- 10Y*
- 1.52%
IBM vs. AGG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IBM International Business Machines Corporation | -3.95% | 38.23% | 39.27% | 21.85% | 10.64% | 16.65% | -1.16% | 23.58% | -22.56% | -3.99% |
AGG iShares Core U.S. Aggregate Bond ETF | -0.08% | 7.19% | 1.31% | 5.65% | -13.02% | -1.77% | 7.48% | 8.46% | 0.09% | 3.55% |
Correlation
The correlation between IBM and AGG is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Sep 29, 2003 | -0.09 |
The correlation between IBM and AGG shifts across timeframes, from -0.09 (all time) to 0.21 (1 year), 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
IBM vs. AGG — Risk / Return Rank
IBM
AGG
IBM vs. AGG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for International Business Machines Corporation (IBM) 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.
| IBM | AGG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.14 | ||
| Sortino ratioReturn per unit of downside risk | -1.41 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.23 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 0.23 | 1.81 | -1.58 |
| Martin ratioReturn relative to average drawdown | 0.50 | 5.44 | -4.94 |
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
| IBM | AGG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.18 | 1.32 | -1.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.70 | -0.00 | +0.70 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | 0.28 | +0.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.29 | 0.59 | -0.30 |
Drawdowns
IBM vs. AGG - Drawdown Comparison
The maximum IBM drawdown since its inception was -69.40%, which is greater than AGG's maximum drawdown of -18.43%. Use the drawdown chart below to compare losses from any high point for IBM and AGG.
Loading charts...
Drawdown Indicators
| IBM | AGG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.40% | -18.43% | -50.97% |
Max Drawdown (1Y)Largest decline over 1 year | -30.96% | -2.76% | -28.20% |
Max Drawdown (3Y)Largest decline over 3 years | -30.96% | -6.11% | -24.85% |
Max Drawdown (5Y)Largest decline over 5 years | -30.96% | -17.82% | -13.14% |
Max Drawdown (10Y)Largest decline over 10 years | -40.59% | -18.43% | -22.16% |
Current DrawdownCurrent decline from peak | -14.70% | -2.47% | -12.23% |
Average DrawdownAverage peak-to-trough decline | -20.12% | -2.71% | -17.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.23% | 0.92% | +13.31% |
Volatility
IBM vs. AGG - Volatility Comparison
International Business Machines Corporation (IBM) has a higher volatility of 21.84% compared to iShares Core U.S. Aggregate Bond ETF (AGG) at 1.29%. This indicates that IBM'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
| IBM | AGG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.84% | 1.29% | +20.55% |
Volatility (6M)Calculated over the trailing 6-month period | 34.54% | 2.77% | +31.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.53% | 3.80% | +35.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.15% | 6.09% | +21.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.59% | 5.41% | +21.18% |
Dividends
IBM vs. AGG - Dividend Comparison
IBM's dividend yield for the trailing twelve months is around 2.40%, less than AGG's 4.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGG iShares Core U.S. Aggregate Bond ETF | 4.00% | 3.89% | 3.74% | 3.13% | 2.39% | 1.77% | 2.14% | 2.70% | 2.72% | 2.32% | 2.39% | 2.45% |
IBM International Business Machines Corporation | 2.40% | 2.27% | 3.03% | 4.05% | 4.68% | 4.74% | 5.17% | 4.80% | 5.46% | 3.85% | 3.31% | 3.63% |
Frequently Asked Questions
IBM and AGG have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBM has higher volatility (21.84%) compared to AGG (1.29%). In terms of maximum drawdown, IBM dropped -69.40% vs AGG's -18.43%.
AGG currently has the higher Sharpe Ratio (1.32 vs 0.18), 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 IBM 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