IGV vs. AGG
IGV (iShares Expanded Tech-Software Sector ETF) and AGG (iShares Core U.S. Aggregate Bond ETF) are both exchange-traded funds - IGV is a Technology Equities fund tracking the S&P North American Expanded Technology Software Index, while AGG is a Total Bond Market fund tracking the Bloomberg U.S. Aggregate Bond Index. Both are passively managed. Over the past 10 years, IGV returned 15.70%/yr vs 1.54%/yr for AGG. At a correlation of -0.07, they often move in opposite directions. IGV charges 0.39%/yr vs 0.03%/yr for AGG.
Performance
IGV vs. AGG - Performance Comparison
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Returns By Period
In the year-to-date period, IGV achieves a -17.37% return, which is significantly lower than AGG's 0.47% return. Over the past 10 years, IGV has outperformed AGG with an annualized return of 15.70%, while AGG has yielded a comparatively lower 1.54% annualized return.
IGV
- 1D
- 0.01%
- 1M
- -7.10%
- YTD
- -17.37%
- 6M
- -19.19%
- 1Y
- -17.89%
- 3Y*
- 9.05%
- 5Y*
- 2.37%
- 10Y*
- 15.70%
AGG
- 1D
- 0.08%
- 1M
- 0.61%
- YTD
- 0.47%
- 6M
- 0.55%
- 1Y
- 4.33%
- 3Y*
- 3.96%
- 5Y*
- 0.07%
- 10Y*
- 1.54%
IGV vs. AGG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IGV iShares Expanded Tech-Software Sector ETF | -17.37% | 5.56% | 23.41% | 58.56% | -35.65% | 12.30% | 52.86% | 34.33% | 12.44% | 42.16% |
AGG iShares Core U.S. Aggregate Bond ETF | 0.47% | 7.19% | 1.31% | 5.65% | -13.02% | -1.77% | 7.48% | 8.46% | 0.09% | 3.55% |
Correlation
The correlation between IGV and AGG is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Sep 26, 2003 | -0.07 |
The correlation between IGV and AGG shifts across timeframes, from -0.07 (all time) to 0.17 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
IGV vs. AGG — Risk / Return Rank
IGV
AGG
IGV vs. AGG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Expanded Tech-Software Sector ETF (IGV) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IGV | AGG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.78 | ||
| Sortino ratioReturn per unit of downside risk | -2.45 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.20 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | -0.49 | 1.57 | -2.06 |
| Martin ratioReturn relative to average drawdown | -1.00 | 4.54 | -5.53 |
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Drawdowns
IGV vs. AGG - Drawdown Comparison
The maximum IGV drawdown since its inception was -63.45%, which is greater than AGG's maximum drawdown of -18.43%. Use the drawdown chart below to compare losses from any high point for IGV and AGG.
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Drawdown Indicators
| IGV | AGG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.45% | -18.43% | -45.02% |
Max Drawdown (1Y)Largest decline over 1 year | -36.61% | -2.76% | -33.85% |
Max Drawdown (3Y)Largest decline over 3 years | -36.61% | -6.11% | -30.50% |
Max Drawdown (5Y)Largest decline over 5 years | -45.85% | -17.82% | -28.03% |
Max Drawdown (10Y)Largest decline over 10 years | -45.85% | -18.43% | -27.42% |
Current DrawdownCurrent decline from peak | -25.85% | -1.93% | -23.92% |
Average DrawdownAverage peak-to-trough decline | -14.46% | -2.71% | -11.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.94% | 0.96% | +16.98% |
Volatility
IGV vs. AGG - Volatility Comparison
iShares Expanded Tech-Software Sector ETF (IGV) has a higher volatility of 12.71% compared to iShares Core U.S. Aggregate Bond ETF (AGG) at 1.10%. This indicates that IGV'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
| IGV | AGG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.71% | 1.10% | +11.61% |
Volatility (6M)Calculated over the trailing 6-month period | 24.86% | 2.83% | +22.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.27% | 3.81% | +24.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.97% | 6.10% | +21.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.38% | 5.41% | +20.97% |
IGV vs. AGG - Expense Ratio Comparison
IGV has a 0.39% expense ratio, which is higher than AGG's 0.03% expense ratio.
Dividends
IGV vs. AGG - Dividend Comparison
IGV's dividend yield for the trailing twelve months is around 0.02%, less than AGG's 3.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGG iShares Core U.S. Aggregate Bond ETF | 3.98% | 3.89% | 3.74% | 3.13% | 2.39% | 1.77% | 2.14% | 2.70% | 2.72% | 2.32% | 2.39% | 2.45% |
IGV iShares Expanded Tech-Software Sector ETF | 0.02% | 0.00% | 0.00% | 0.01% | 0.01% | 0.00% | 0.35% | 0.02% | 0.16% | 0.09% | 0.82% | 0.22% |
Frequently Asked Questions
IGV and AGG have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IGV has higher volatility (12.71%) compared to AGG (1.10%). In terms of maximum drawdown, IGV dropped -63.45% vs AGG's -18.43%.
On 10-year performance, IGV leads with 15.70% vs 1.54% for AGG. On fees, AGG is cheaper at 0.03% per year. On volatility, AGG has been the lower-risk option at 1.10%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, IGV has performed better with a 15.70% return vs 1.54%. 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 0.39% for IGV.
AGG has the higher dividend yield at 3.98%, compared with 0.02% for IGV.
IGV is categorized as Technology Equities, while AGG is Total Bond Market. IGV tracks S&P North American Expanded Technology Software Index, while AGG tracks Bloomberg U.S. Aggregate Bond Index. Their fees differ too: 0.39% for IGV and 0.03% for AGG.
AGG currently has the higher Sharpe Ratio (1.14 vs -0.64), 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.
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