OEFA vs. AGZD
OEFA (ALPS O'Shares International Developed Quality Dividend ETF) and AGZD (WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund) are both exchange-traded funds - OEFA is a International Equity fund tracking the O’Shares International Developed Quality Dividend Index, while AGZD is a Nontraditional Bonds fund tracking the Bloomberg Rate Hedged U.S. Aggregate Bond Index, Zero Duration. Both are passively managed. At a 0.13 correlation, their price movements are largely independent. OEFA charges 0.48%/yr vs 0.23%/yr for AGZD.
Performance
OEFA vs. AGZD - Performance Comparison
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Returns By Period
In the year-to-date period, OEFA achieves a 2.78% return, which is significantly higher than AGZD's 2.40% return.
OEFA
- 1D
- 0.48%
- 1M
- 2.80%
- YTD
- 2.78%
- 6M
- 5.45%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AGZD
- 1D
- 0.05%
- 1M
- 0.73%
- YTD
- 2.40%
- 6M
- 3.10%
- 1Y
- 5.40%
- 3Y*
- 6.08%
- 5Y*
- 4.37%
- 10Y*
- 3.17%
OEFA vs. AGZD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
OEFA ALPS O'Shares International Developed Quality Dividend ETF | 2.78% | 0.25% |
AGZD WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund | 2.40% | 1.38% |
Correlation
The correlation between OEFA and AGZD is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 2, 2025 | 0.13 |
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Return for Risk
OEFA vs. AGZD — Risk / Return Rank
OEFA
AGZD
OEFA vs. AGZD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ALPS O'Shares International Developed Quality Dividend ETF (OEFA) 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| OEFA | AGZD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 1.88 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.22 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.86 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.65 | -0.39 |
Drawdowns
OEFA vs. AGZD - Drawdown Comparison
The maximum OEFA drawdown since its inception was -13.54%, which is greater than AGZD's maximum drawdown of -8.46%. Use the drawdown chart below to compare losses from any high point for OEFA and AGZD.
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Drawdown Indicators
| OEFA | AGZD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.54% | -8.46% | -5.08% |
Max Drawdown (1Y)Largest decline over 1 year | — | -0.87% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -1.71% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -2.23% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -8.46% | — |
Current DrawdownCurrent decline from peak | -3.45% | -0.22% | -3.23% |
Average DrawdownAverage peak-to-trough decline | -3.74% | -0.77% | -2.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.28% | — |
Volatility
OEFA vs. AGZD - Volatility Comparison
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Volatility by Period
| OEFA | AGZD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.02% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 1.99% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 17.68% | 2.88% | +14.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.68% | 3.58% | +14.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.68% | 3.72% | +13.96% |
OEFA vs. AGZD - Expense Ratio Comparison
OEFA has a 0.48% expense ratio, which is higher than AGZD's 0.23% expense ratio.
Dividends
OEFA vs. AGZD - Dividend Comparison
OEFA's dividend yield for the trailing twelve months is around 0.91%, less than AGZD's 3.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGZD WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund | 3.98% | 4.12% | 3.96% | 6.07% | 8.61% | 1.66% | 2.28% | 2.83% | 2.62% | 2.31% | 1.81% | 1.66% |
OEFA ALPS O'Shares International Developed Quality Dividend ETF | 0.91% | 0.28% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
OEFA and AGZD have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AGZD is cheaper at 0.23% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AGZD is cheaper with a 0.23% expense ratio, compared with 0.48% for OEFA.
AGZD has the higher dividend yield at 3.98%, compared with 0.91% for OEFA.
OEFA is categorized as International Equity, while AGZD is Nontraditional Bonds. OEFA tracks O’Shares International Developed Quality Dividend Index, while AGZD tracks Bloomberg Rate Hedged U.S. Aggregate Bond Index, Zero Duration. They also come from different issuers: ALPS and WisdomTree. Their fees differ too: 0.48% for OEFA and 0.23% for AGZD.
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