PIT vs. AGGA

Last updated Aug 2, 2026

PIT (VanEck Commodity Strategy ETF) and AGGA (Astoria Dynamic Core US Fixed Income ETF) are both exchange-traded funds - PIT is a Commodities fund actively managed by VanEck, while AGGA is a Multisector Bonds fund actively managed by Astoria. Both are actively managed. Over the past year, PIT returned 56.01% vs 2.58% for AGGA. Their -0.29 correlation means they have often moved in opposite directions in the past. Both charge a 0.55% expense ratio.

Performance

PIT vs. AGGA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Commodity Strategy ETF (PIT) and Astoria Dynamic Core US Fixed Income ETF (AGGA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PIT achieves a 39.56% return, which is significantly higher than AGGA's 0.39% return.

PIT

• 1D: -0.05%
• 1M: 12.06%
• 6M: 25.04%
• YTD: 39.56%
• 1Y: 56.01%
• 3Y*: 19.64%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 16.95%

AGGA

• 1D: -0.28%
• 1M: -0.79%
• 6M: 0.07%
• YTD: 0.39%
• 1Y: 2.58%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 3.90%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AGGA Astoria Dynamic Core US Fixed Income ETF	$225.36K	$302.31K	$395.65K
PIT VanEck Commodity Strategy ETF	$1.38M	$2.80M	$3.76M

PIT vs. AGGA - Yearly Performance Comparison

	2026 (YTD)	2025
PIT VanEck Commodity Strategy ETF	39.56%	20.38%
AGGA Astoria Dynamic Core US Fixed Income ETF	0.39%	4.49%

Correlation

The correlation between PIT and AGGA is -0.32, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.32
Correlation (All Time) Calculated using the full available price history since May 1, 2025	-0.29

Return for Risk

PIT vs. AGGA — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

PIT

PIT Risk / Return Rank: 88
PIT Sharpe Ratio Rank: 93
PIT Sortino Ratio Rank: 89
PIT Omega Ratio Rank: 90
PIT Calmar Ratio Rank: 84
PIT Martin Ratio Rank: 82

AGGA

AGGA Risk / Return Rank: 58
AGGA Sharpe Ratio Rank: 57
AGGA Sortino Ratio Rank: 59
AGGA Omega Ratio Rank: 57
AGGA Calmar Ratio Rank: 57
AGGA Martin Ratio Rank: 62

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

PIT vs. AGGA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Commodity Strategy ETF (PIT) and Astoria Dynamic Core US Fixed Income ETF (AGGA). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	PIT	AGGA	Difference
Sharpe ratio: Return per unit of total volatility	2.47	1.38	+1.09
Sortino ratio: Return per unit of downside risk	3.08	2.01	+1.07
Omega ratio: Gain probability vs. loss probability	1.42	1.25	+0.17
Calmar ratio: Return relative to maximum drawdown	3.19	2.03	+1.16
Martin ratio: Return relative to average drawdown	10.87	7.50	+3.37

PIT vs. AGGA - Sharpe Ratio Comparison

The current PIT Sharpe Ratio is 2.47, which is higher than the AGGA Sharpe Ratio of 1.38. The chart below compares the historical Sharpe Ratios of PIT and AGGA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PIT vs. AGGA - Drawdown Comparison

The maximum PIT drawdown since its inception was -17.20%, which is greater than AGGA's maximum drawdown of -1.47%. Use the drawdown chart below to compare losses from any high point for PIT and AGGA.

Drawdown Indicators

	PIT	AGGA	Difference
Max Drawdown Largest peak-to-trough decline	-17.20%	-1.47%	-15.73%
Max Drawdown (1Y) Largest decline over 1 year	-17.20%	-1.47%	-15.73%
Max Drawdown (3Y) Largest decline over 3 years	-17.20%	—	—
Current Drawdown Current decline from peak	-5.78%	-0.96%	-4.82%
Average Drawdown Average peak-to-trough decline	-4.27%	-0.23%	-4.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.05%	0.40%	+4.65%

Volatility

PIT vs. AGGA - Volatility Comparison

VanEck Commodity Strategy ETF (PIT) has a higher volatility of 6.47% compared to Astoria Dynamic Core US Fixed Income ETF (AGGA) at 0.65%. This indicates that PIT's price experiences larger fluctuations and is considered to be riskier than AGGA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PIT	AGGA	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.47%	0.65%	+5.82%
Volatility (6M) Calculated over the trailing 6-month period	19.93%	1.80%	+18.13%
Volatility (1Y) Calculated over the trailing 1-year period	22.30%	2.17%	+20.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.70%	2.24%	+15.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.70%	2.24%	+15.46%

PIT vs. AGGA - Expense Ratio Comparison

Both PIT and AGGA have an expense ratio of 0.55%.

Dividends

PIT vs. AGGA - Dividend Comparison

PIT's dividend yield for the trailing twelve months is around 6.39%, more than AGGA's 4.25% yield.

Position	TTM	2025	2024	2023
AGGA Astoria Dynamic Core US Fixed Income ETF	4.25%	2.81%	0.00%	0.00%
PIT VanEck Commodity Strategy ETF	6.39%	8.92%	3.59%	6.44%

Frequently Asked Questions

Can I hold both PIT and AGGA in my portfolio?

PIT and AGGA have a correlation of -0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PIT or AGGA?

PIT has higher volatility (6.47%) compared to AGGA (0.65%). In terms of maximum drawdown, PIT dropped -17.20% vs AGGA's -1.47%.

Which ETF is better, PIT or AGGA?

On 1-year performance, PIT leads with 56.01% vs 2.58% for AGGA. Both ETFs have the same 0.55% expense ratio. On volatility, AGGA has been the lower-risk option at 0.65%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PIT or AGGA?

Over the 1-year period, PIT has performed better with a 56.01% return vs 2.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PIT or AGGA?

PIT and AGGA have the same expense ratio: 0.55% per year.

Which ETF pays a higher dividend yield, PIT or AGGA?

PIT has the higher dividend yield at 6.39%, compared with 4.25% for AGGA.

What is the main difference between PIT and AGGA?

PIT is categorized as Commodities, while AGGA is Multisector Bonds. They also come from different issuers: VanEck and Astoria.

Which has better risk-adjusted returns?

PIT currently has the higher Sharpe Ratio (2.47 vs 1.38), 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.