PIGIX vs. AGG
Compare and contrast key facts about PIMCO Investment Grade Credit Bond Fund (PIGIX) and iShares Core U.S. Aggregate Bond ETF (AGG).
PIGIX is managed by PIMCO. It was launched on Apr 28, 2000. AGG is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Sep 22, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PIGIX or AGG.
Correlation
The correlation between PIGIX and AGG is -0.08. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
PIGIX vs. AGG - Performance Comparison
Key characteristics
PIGIX:
1.26
AGG:
1.28
PIGIX:
1.86
AGG:
1.87
PIGIX:
1.22
AGG:
1.22
PIGIX:
0.51
AGG:
0.53
PIGIX:
3.92
AGG:
3.30
PIGIX:
1.81%
AGG:
2.09%
PIGIX:
5.64%
AGG:
5.38%
PIGIX:
-22.95%
AGG:
-18.43%
PIGIX:
-7.45%
AGG:
-6.78%
Returns By Period
In the year-to-date period, PIGIX achieves a 1.14% return, which is significantly lower than AGG's 2.37% return. Over the past 10 years, PIGIX has outperformed AGG with an annualized return of 2.07%, while AGG has yielded a comparatively lower 1.38% annualized return.
PIGIX
1.14%
-1.18%
0.63%
7.10%
0.38%
2.07%
AGG
2.37%
0.12%
1.37%
6.95%
-0.87%
1.38%
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PIGIX vs. AGG - Expense Ratio Comparison
PIGIX has a 0.51% expense ratio, which is higher than AGG's 0.05% expense ratio.
Risk-Adjusted Performance
PIGIX vs. AGG — Risk-Adjusted Performance Rank
PIGIX
AGG
PIGIX vs. AGG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Investment Grade Credit Bond Fund (PIGIX) and iShares Core U.S. Aggregate Bond ETF (AGG). 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
PIGIX vs. AGG - Dividend Comparison
PIGIX's dividend yield for the trailing twelve months is around 4.50%, more than AGG's 3.78% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PIGIX PIMCO Investment Grade Credit Bond Fund | 4.50% | 4.36% | 3.82% | 4.06% | 3.67% | 3.42% | 3.94% | 4.06% | 3.71% | 3.92% | 5.02% | 3.91% |
AGG iShares Core U.S. Aggregate Bond ETF | 3.78% | 3.74% | 3.13% | 2.39% | 1.77% | 2.14% | 2.70% | 2.96% | 2.32% | 2.39% | 2.45% | 2.40% |
Drawdowns
PIGIX vs. AGG - Drawdown Comparison
The maximum PIGIX drawdown since its inception was -22.95%, which is greater than AGG's maximum drawdown of -18.43%. Use the drawdown chart below to compare losses from any high point for PIGIX and AGG. For additional features, visit the drawdowns tool.
Volatility
PIGIX vs. AGG - Volatility Comparison
PIMCO Investment Grade Credit Bond Fund (PIGIX) has a higher volatility of 2.52% compared to iShares Core U.S. Aggregate Bond ETF (AGG) at 2.24%. This indicates that PIGIX's price experiences larger fluctuations and is considered to be riskier than AGG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.