IH2O.L vs. AGGG.L
Compare and contrast key facts about iShares Global Water UCITS ETF (IH2O.L) and iShares Global Aggregate Bond UCITS Dist (AGGG.L).
IH2O.L and AGGG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IH2O.L is a passively managed fund by iShares that tracks the performance of the S&P Global Water TR. It was launched on Mar 16, 2007. AGGG.L is a passively managed fund by iShares that tracks the performance of the Bloomberg Global Aggregate TR USD. It was launched on Nov 21, 2017. Both IH2O.L and AGGG.L 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: IH2O.L or AGGG.L.
Key characteristics
| IH2O.L | AGGG.L | |
|---|---|---|
| YTD Return | 10.17% | -1.13% |
| 1Y Return | 17.87% | 4.57% |
| 3Y Return (Ann) | 1.89% | -4.45% |
| 5Y Return (Ann) | 10.12% | -1.78% |
| Sharpe Ratio | 1.56 | 0.74 |
| Sortino Ratio | 2.30 | 1.15 |
| Omega Ratio | 1.27 | 1.13 |
| Calmar Ratio | 1.54 | 0.24 |
| Martin Ratio | 5.12 | 1.84 |
| Ulcer Index | 3.38% | 2.66% |
| Daily Std Dev | 11.13% | 6.82% |
| Max Drawdown | -35.40% | -25.91% |
| Current Drawdown | -2.45% | -17.15% |
Correlation
The correlation between IH2O.L and AGGG.L is 0.22, 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
IH2O.L vs. AGGG.L - Performance Comparison
In the year-to-date period, IH2O.L achieves a 10.17% return, which is significantly higher than AGGG.L's -1.13% 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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IH2O.L vs. AGGG.L - Expense Ratio Comparison
IH2O.L has a 0.65% expense ratio, which is higher than AGGG.L's 0.10% expense ratio.
Risk-Adjusted Performance
IH2O.L vs. AGGG.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Water UCITS ETF (IH2O.L) and iShares Global Aggregate Bond UCITS Dist (AGGG.L). 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
IH2O.L vs. AGGG.L - Dividend Comparison
IH2O.L's dividend yield for the trailing twelve months is around 2.18%, less than AGGG.L's 2.73% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IH2O.L iShares Global Water UCITS ETF | 2.18% | 1.51% | 1.32% | 2.25% | 1.29% | 1.84% | 2.30% | 1.98% | 2.17% | 2.45% | 2.68% | 2.78% |
AGGG.L iShares Global Aggregate Bond UCITS Dist | 2.73% | 2.01% | 1.55% | 1.33% | 1.46% | 1.62% | 0.96% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IH2O.L vs. AGGG.L - Drawdown Comparison
The maximum IH2O.L drawdown since its inception was -35.40%, which is greater than AGGG.L's maximum drawdown of -25.91%. Use the drawdown chart below to compare losses from any high point for IH2O.L and AGGG.L. For additional features, visit the drawdowns tool.
Volatility
IH2O.L vs. AGGG.L - Volatility Comparison
iShares Global Water UCITS ETF (IH2O.L) has a higher volatility of 3.01% compared to iShares Global Aggregate Bond UCITS Dist (AGGG.L) at 1.84%. This indicates that IH2O.L's price experiences larger fluctuations and is considered to be riskier than AGGG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.