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MINN vs. AGZD
Performance
Return for Risk
Drawdowns
Volatility
Dividends

MINN vs. AGZD

Last updated Jun 4, 2026

MINN (Mairs & Power Minnesota Municipal Bond ETF) and AGZD (WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund) are both exchange-traded funds - MINN is a Municipal Bonds fund actively managed by Mairs & Power, while AGZD is a Nontraditional Bonds fund tracking the Bloomberg Rate Hedged U.S. Aggregate Bond Index, Zero Duration. MINN is actively managed, while AGZD is passively managed. Over the past 5 years, MINN returned -0.31%/yr vs 4.32%/yr for AGZD. At a correlation of -0.04, they often move in opposite directions. MINN charges 0.25%/yr vs 0.23%/yr for AGZD.

Performance

MINN vs. AGZD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mairs & Power Minnesota Municipal Bond ETF (MINN) and WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, MINN achieves a 0.35% return, which is significantly lower than AGZD's 2.22% return.

MINN

1D
-0.11%
1M
0.30%
YTD
0.35%
6M
0.92%
1Y
6.52%
3Y*
3.64%
5Y*
-0.31%
10Y*
—

AGZD

1D
-0.18%
1M
0.67%
YTD
2.22%
6M
2.64%
1Y
5.26%
3Y*
6.02%
5Y*
4.32%
10Y*
3.15%
*Multi-year figures are annualized to reflect compound growth (CAGR)

MINN vs. AGZD - Yearly Performance Comparison

2026 (YTD)20252024202320222021
MINN
Mairs & Power Minnesota Municipal Bond ETF		0.35%5.61%0.21%5.41%-12.27%1.28%
AGZD
WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund		2.22%4.35%6.64%7.15%1.17%-0.04%

Correlation

The correlation between MINN and AGZD is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.07

Correlation (3Y)
Calculated over the trailing 3-year period

-0.05

Correlation (5Y)
Calculated over the trailing 5-year period

-0.05

Correlation (All Time)
Calculated using the full available price history since Mar 15, 2021

-0.04

The correlation between MINN and AGZD shifts across timeframes, from -0.05 (5 years) to 0.07 (1 year), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

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Mairs & Power Minnesota Municipal Bond ETF

WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund

Often compared with MINN:
MINN vs. FIMIXMINN vs. DVMHXMINN vs. GUMIMINN vs. CAMINN vs. FMUNMINN vs. IBMMMINN vs. CALI
Often compared with AGZD:
AGZD vs. AGZAGZD vs. EMNTAGZD vs. FFRAXAGZD vs. SEIXAGZD vs. VOOAGZD vs. FPEIAGZD vs. BND

Return for Risk

MINN vs. AGZD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
MINN
MINN Risk / Return Rank: 4646
Overall Rank
MINN Sharpe Ratio Rank: 4343
Sharpe Ratio Rank
MINN Sortino Ratio Rank: 4747
Sortino Ratio Rank
MINN Omega Ratio Rank: 4646
Omega Ratio Rank
MINN Calmar Ratio Rank: 4848
Calmar Ratio Rank
MINN Martin Ratio Rank: 4646
Martin Ratio Rank
AGZD
AGZD Risk / Return Rank: 6969
Overall Rank
AGZD Sharpe Ratio Rank: 5353
Sharpe Ratio Rank
AGZD Sortino Ratio Rank: 5656
Sortino Ratio Rank
AGZD Omega Ratio Rank: 5858
Omega Ratio Rank
AGZD Calmar Ratio Rank: 9292
Calmar Ratio Rank
AGZD Martin Ratio Rank: 8787
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MINN vs. AGZD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mairs & Power Minnesota Municipal Bond ETF (MINN) and WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD). 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.

MINNAGZDDifference

Sharpe ratio

Return per unit of total volatility

1.51

1.83

-0.31

Sortino ratio

Return per unit of downside risk

2.30

2.71

-0.41

Omega ratio

Gain probability vs. loss probability

1.29

1.36

-0.07

Calmar ratio

Return relative to maximum drawdown

2.32

6.09

-3.77

Martin ratio

Return relative to average drawdown

7.47

19.08

-11.61

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MINN vs. AGZD - Sharpe Ratio Comparison

The current MINN Sharpe Ratio is 1.51, which is comparable to the AGZD Sharpe Ratio of 1.83. The chart below compares the historical Sharpe Ratios of MINN and AGZD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

MINNAGZDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.51

1.83

-0.31

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.06

1.21

-1.27

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.85

—

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.02

0.64

-0.66

Drawdowns

MINN vs. AGZD - Drawdown Comparison

The maximum MINN drawdown since its inception was -18.37%, which is greater than AGZD's maximum drawdown of -8.46%. Use the drawdown chart below to compare losses from any high point for MINN and AGZD.

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Drawdown Indicators

MINNAGZDDifference

Max Drawdown

Largest peak-to-trough decline

-18.37%

-8.46%

-9.91%

Max Drawdown (1Y)

Largest decline over 1 year

-2.82%

-0.87%

-1.95%

Max Drawdown (3Y)

Largest decline over 3 years

-6.77%

-1.71%

-5.06%

Max Drawdown (5Y)

Largest decline over 5 years

-18.37%

-2.23%

-16.14%

Max Drawdown (10Y)

Largest decline over 10 years

—

-8.46%

—

Current Drawdown

Current decline from peak

-2.60%

-0.39%

-2.21%

Average Drawdown

Average peak-to-trough decline

-7.78%

-0.77%

-7.01%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.88%

0.28%

+0.60%

Volatility

MINN vs. AGZD - Volatility Comparison

Mairs & Power Minnesota Municipal Bond ETF (MINN) and WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD) have volatilities of 0.99% and 1.03%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

MINNAGZDDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.99%

1.03%

-0.04%

Volatility (6M)

Calculated over the trailing 6-month period

2.60%

1.99%

+0.61%

Volatility (1Y)

Calculated over the trailing 1-year period

4.33%

2.89%

+1.44%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.09%

3.59%

+1.50%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.98%

3.72%

+1.26%

MINN vs. AGZD - Expense Ratio Comparison

MINN has a 0.25% expense ratio, which is higher than AGZD's 0.23% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

MINN vs. AGZD - Dividend Comparison

MINN's dividend yield for the trailing twelve months is around 3.00%, less than AGZD's 3.99% yield.

PositionTTM20252024202320222021202020192018201720162015
AGZD
WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund		3.99%4.12%3.96%6.07%8.61%1.66%2.28%2.83%2.62%2.31%1.81%1.66%
MINN
Mairs & Power Minnesota Municipal Bond ETF		3.00%2.94%2.65%1.80%1.34%0.64%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

MINN and AGZD have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

AGZD has higher volatility (1.03%) compared to MINN (0.99%). In terms of maximum drawdown, MINN dropped -18.37% vs AGZD's -8.46%.

On 5-year performance, AGZD leads with 4.32% vs -0.31% for MINN. On fees, AGZD is cheaper at 0.23% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, AGZD has performed better with a 4.32% return vs -0.31%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

AGZD is cheaper with a 0.23% expense ratio, compared with 0.25% for MINN.

AGZD has the higher dividend yield at 3.99%, compared with 3.00% for MINN.

MINN is categorized as Municipal Bonds, while AGZD is Nontraditional Bonds. They also come from different issuers: Mairs & Power and WisdomTree. Their fees differ too: 0.25% for MINN and 0.23% for AGZD.

AGZD currently has the higher Sharpe Ratio (1.83 vs 1.51), 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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