LQDW vs. AGGH
Compare and contrast key facts about iShares Investment Grade Corporate Bond Buywrite Strategy ETF (LQDW) and Simplify Aggregate Bond ETF (AGGH).
LQDW and AGGH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LQDW is a passively managed fund by iShares that tracks the performance of the CBOE LQD BuyWrite Index. It was launched on Aug 18, 2022. AGGH is an actively managed fund by Simplify. It was launched on Feb 14, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LQDW or AGGH.
Key characteristics
| LQDW | AGGH | |
|---|---|---|
| YTD Return | 3.73% | 1.63% |
| 1Y Return | 5.49% | 7.56% |
| Sharpe Ratio | 1.25 | 0.83 |
| Sortino Ratio | 1.71 | 1.24 |
| Omega Ratio | 1.24 | 1.15 |
| Calmar Ratio | 1.03 | 0.96 |
| Martin Ratio | 4.95 | 3.41 |
| Ulcer Index | 1.12% | 2.24% |
| Daily Std Dev | 4.42% | 9.18% |
| Max Drawdown | -9.20% | -13.26% |
| Current Drawdown | -1.74% | -4.60% |
Correlation
The correlation between LQDW and AGGH is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
LQDW vs. AGGH - Performance Comparison
In the year-to-date period, LQDW achieves a 3.73% return, which is significantly higher than AGGH's 1.63% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
LQDW vs. AGGH - Expense Ratio Comparison
LQDW has a 0.34% expense ratio, which is higher than AGGH's 0.33% expense ratio.
Risk-Adjusted Performance
LQDW vs. AGGH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Investment Grade Corporate Bond Buywrite Strategy ETF (LQDW) and Simplify Aggregate Bond ETF (AGGH). 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
LQDW vs. AGGH - Dividend Comparison
LQDW's dividend yield for the trailing twelve months is around 16.31%, more than AGGH's 9.72% yield.
| TTM | 2023 | 2022 | |
|---|---|---|---|
LQDW iShares Investment Grade Corporate Bond Buywrite Strategy ETF | 16.31% | 19.28% | 8.85% |
AGGH Simplify Aggregate Bond ETF | 9.72% | 9.51% | 2.11% |
Drawdowns
LQDW vs. AGGH - Drawdown Comparison
The maximum LQDW drawdown since its inception was -9.20%, smaller than the maximum AGGH drawdown of -13.26%. Use the drawdown chart below to compare losses from any high point for LQDW and AGGH. For additional features, visit the drawdowns tool.
Volatility
LQDW vs. AGGH - Volatility Comparison
iShares Investment Grade Corporate Bond Buywrite Strategy ETF (LQDW) has a higher volatility of 2.16% compared to Simplify Aggregate Bond ETF (AGGH) at 2.02%. This indicates that LQDW's price experiences larger fluctuations and is considered to be riskier than AGGH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.