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IGLD vs. AGG
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

IGLD vs. AGG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Cboe Vest Gold Strategy Target Income ETF (IGLD) and iShares Core U.S. Aggregate Bond ETF (AGG). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IGLD achieves a 1.69% return, which is significantly higher than AGG's 0.25% return.


IGLD

1D
-0.81%
1M
-1.33%
YTD
1.69%
6M
4.44%
1Y
24.53%
3Y*
23.01%
5Y*
13.02%
10Y*

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

IGLD vs. AGG - Yearly Performance Comparison


2026 (YTD)20252024202320222021
IGLD
FT Cboe Vest Gold Strategy Target Income ETF
1.69%47.46%19.36%9.24%-2.34%4.30%
AGG
iShares Core U.S. Aggregate Bond ETF
0.25%7.19%1.31%5.65%-13.02%0.90%

Correlation

The correlation between IGLD and AGG is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.25

Correlation (3Y)
Calculated over the trailing 3-year period

0.23

Correlation (5Y)
Calculated over the trailing 5-year period

0.30

Correlation (All Time)
Calculated using the full available price history since Mar 4, 2021

0.31

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Return for Risk

IGLD vs. AGG — Risk / Return Rank

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

IGLD
IGLD Risk / Return Rank: 2828
Overall Rank
IGLD Sharpe Ratio Rank: 2828
Sharpe Ratio Rank
IGLD Sortino Ratio Rank: 2727
Sortino Ratio Rank
IGLD Omega Ratio Rank: 3232
Omega Ratio Rank
IGLD Calmar Ratio Rank: 2828
Calmar Ratio Rank
IGLD Martin Ratio Rank: 2727
Martin Ratio Rank

AGG
AGG Risk / Return Rank: 3636
Overall Rank
AGG Sharpe Ratio Rank: 3636
Sharpe Ratio Rank
AGG Sortino Ratio Rank: 3838
Sortino Ratio Rank
AGG Omega Ratio Rank: 3535
Omega Ratio Rank
AGG Calmar Ratio Rank: 3737
Calmar Ratio Rank
AGG Martin Ratio Rank: 3636
Martin Ratio Rank
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.

IGLD vs. AGG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest Gold Strategy Target Income ETF (IGLD) 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.


IGLDAGGDifference
Sharpe ratioReturn per unit of total volatility

-0.28

Sortino ratioReturn per unit of downside risk

-0.53

Omega ratioGain probability vs. loss probability

1.22

1.24

-0.02

Calmar ratioReturn relative to maximum drawdown

1.40

1.87

-0.46

Martin ratioReturn relative to average drawdown

3.82

5.73

-1.91

IGLD vs. AGG - Sharpe Ratio Comparison

The current IGLD Sharpe Ratio is 1.06, which is comparable to the AGG Sharpe Ratio of 1.34. The chart below compares the historical Sharpe Ratios of IGLD and AGG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


IGLDAGGDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.06

1.34

-0.28

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.86

0.02

+0.85

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.29

Sharpe Ratio (All Time)

Calculated using the full available price history

0.94

0.59

+0.35

Drawdowns

IGLD vs. AGG - Drawdown Comparison

The maximum IGLD drawdown since its inception was -18.59%, roughly equal to the maximum AGG drawdown of -18.43%. Use the drawdown chart below to compare losses from any high point for IGLD and AGG.


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Drawdown Indicators


IGLDAGGDifference

Max Drawdown

Largest peak-to-trough decline

-18.59%

-18.43%

-0.16%

Max Drawdown (1Y)

Largest decline over 1 year

-17.56%

-2.76%

-14.80%

Max Drawdown (3Y)

Largest decline over 3 years

-17.56%

-6.11%

-11.45%

Max Drawdown (5Y)

Largest decline over 5 years

-18.59%

-17.82%

-0.77%

Max Drawdown (10Y)

Largest decline over 10 years

-18.43%

Current Drawdown

Current decline from peak

-15.16%

-2.14%

-13.02%

Average Drawdown

Average peak-to-trough decline

-5.24%

-2.71%

-2.53%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.43%

0.90%

+5.53%

Volatility

IGLD vs. AGG - Volatility Comparison

FT Cboe Vest Gold Strategy Target Income ETF (IGLD) has a higher volatility of 5.12% compared to iShares Core U.S. Aggregate Bond ETF (AGG) at 1.30%. This indicates that IGLD'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.


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Volatility by Period


IGLDAGGDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.12%

1.30%

+3.82%

Volatility (6M)

Calculated over the trailing 6-month period

21.01%

2.74%

+18.27%

Volatility (1Y)

Calculated over the trailing 1-year period

23.24%

3.85%

+19.39%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.17%

6.09%

+9.08%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.00%

5.40%

+9.60%

IGLD vs. AGG - Expense Ratio Comparison

IGLD has a 0.85% expense ratio, which is higher than AGG's 0.03% expense ratio.


Dividends

IGLD vs. AGG - Dividend Comparison

IGLD's dividend yield for the trailing twelve months is around 17.92%, more than AGG's 3.99% yield.


PositionTTM20252024202320222021202020192018201720162015
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%
IGLD
FT Cboe Vest Gold Strategy Target Income ETF
17.92%9.91%20.81%7.85%4.45%2.24%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions


IGLD and AGG have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IGLD has higher volatility (5.12%) compared to AGG (1.30%). In terms of maximum drawdown, IGLD dropped -18.59% vs AGG's -18.43%.

On 5-year performance, IGLD leads with 13.02% vs 0.10% 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 5-year period, IGLD has performed better with a 13.02% return vs 0.10%. 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 0.85% for IGLD.

IGLD has the higher dividend yield at 17.92%, compared with 3.99% for AGG.

IGLD is categorized as Precious Metals, while AGG is Total Bond Market. They also come from different issuers: First Trust and iShares. Their fees differ too: 0.85% for IGLD and 0.03% for AGG.

AGG currently has the higher Sharpe Ratio (1.34 vs 1.06), 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.

Portfolio Optimizer

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