IGLD vs. AGG
Compare and contrast key facts about FT Cboe Vest Gold Strategy Target Income ETF (IGLD) and iShares Core U.S. Aggregate Bond ETF (AGG).
IGLD and AGG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IGLD is an actively managed fund by First Trust. It was launched on Mar 2, 2021. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IGLD or AGG.
Key characteristics
| IGLD | AGG | |
|---|---|---|
| YTD Return | 7.28% | -1.91% |
| 1Y Return | 7.22% | -0.44% |
| 3Y Return (Ann) | 5.08% | -3.17% |
| Sharpe Ratio | 0.78 | -0.08 |
| Daily Std Dev | 9.69% | 6.78% |
| Max Drawdown | -18.58% | -18.43% |
| Current Drawdown | -1.59% | -11.83% |
Correlation
The correlation between IGLD and AGG is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
IGLD vs. AGG - Performance Comparison
In the year-to-date period, IGLD achieves a 7.28% return, which is significantly higher than AGG's -1.91% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IGLD vs. AGG - Expense Ratio Comparison
IGLD has a 0.85% expense ratio, which is higher than AGG's 0.05% expense ratio.
Risk-Adjusted Performance
IGLD vs. AGG - Risk-Adjusted Performance 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.
Dividends
IGLD vs. AGG - Dividend Comparison
IGLD's dividend yield for the trailing twelve months is around 8.03%, more than AGG's 3.42% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGLD FT Cboe Vest Gold Strategy Target Income ETF | 8.03% | 7.85% | 4.45% | 2.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AGG iShares Core U.S. Aggregate Bond ETF | 3.42% | 3.13% | 2.39% | 1.77% | 2.14% | 2.70% | 2.96% | 2.32% | 2.39% | 2.45% | 2.40% | 2.32% |
Drawdowns
IGLD vs. AGG - Drawdown Comparison
The maximum IGLD drawdown since its inception was -18.58%, 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. For additional features, visit the drawdowns tool.
Volatility
IGLD vs. AGG - Volatility Comparison
FT Cboe Vest Gold Strategy Target Income ETF (IGLD) has a higher volatility of 3.08% compared to iShares Core U.S. Aggregate Bond ETF (AGG) at 1.96%. 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.