IVVW vs. AGM
Compare and contrast key facts about iShares S&P 500 BuyWrite ETF (IVVW) and Federal Agricultural Mortgage Corporation (AGM).
IVVW is a passively managed fund by iShares that tracks the performance of the Cboe S&P 500 Enhanced 1% OTM BuyWrite Index - Benchmark TR Gross. It was launched on Mar 14, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IVVW or AGM.
Key characteristics
| IVVW | AGM | |
|---|---|---|
| Daily Std Dev | 9.66% | 30.57% |
| Max Drawdown | -6.20% | -94.63% |
| Current Drawdown | 0.00% | -13.20% |
Correlation
The correlation between IVVW and AGM is 0.29, 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
IVVW vs. AGM - Performance Comparison
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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Risk-Adjusted Performance
IVVW vs. AGM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 BuyWrite ETF (IVVW) and Federal Agricultural Mortgage Corporation (AGM). 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.
Not enough dataDividends
IVVW vs. AGM - Dividend Comparison
IVVW's dividend yield for the trailing twelve months is around 7.32%, more than AGM's 2.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IVVW iShares S&P 500 BuyWrite ETF | 7.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AGM Federal Agricultural Mortgage Corporation | 2.86% | 2.30% | 3.37% | 2.84% | 4.31% | 3.35% | 3.84% | 1.84% | 1.82% | 2.03% | 1.85% | 1.40% |
Drawdowns
IVVW vs. AGM - Drawdown Comparison
The maximum IVVW drawdown since its inception was -6.20%, smaller than the maximum AGM drawdown of -94.63%. Use the drawdown chart below to compare losses from any high point for IVVW and AGM. For additional features, visit the drawdowns tool.
Volatility
IVVW vs. AGM - Volatility Comparison
The current volatility for iShares S&P 500 BuyWrite ETF (IVVW) is 1.87%, while Federal Agricultural Mortgage Corporation (AGM) has a volatility of 6.58%. This indicates that IVVW experiences smaller price fluctuations and is considered to be less risky than AGM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.