PTBD vs. AGG
Compare and contrast key facts about Pacer Trendpilot US Bond ETF (PTBD) and iShares Core U.S. Aggregate Bond ETF (AGG).
PTBD and AGG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PTBD is a passively managed fund by Pacer Advisors that tracks the performance of the Pacer Trendpilot US Bond Index. It was launched on Oct 22, 2019. 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. Both PTBD and AGG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PTBD or AGG.
Key characteristics
| PTBD | AGG | |
|---|---|---|
| YTD Return | 4.93% | 2.65% |
| 1Y Return | 11.39% | 9.31% |
| 3Y Return (Ann) | -3.40% | -2.21% |
| 5Y Return (Ann) | 0.56% | 0.10% |
| Sharpe Ratio | 1.96 | 1.40 |
| Sortino Ratio | 2.97 | 2.06 |
| Omega Ratio | 1.36 | 1.25 |
| Calmar Ratio | 0.53 | 0.54 |
| Martin Ratio | 10.13 | 5.12 |
| Ulcer Index | 1.07% | 1.64% |
| Daily Std Dev | 5.54% | 5.98% |
| Max Drawdown | -26.00% | -18.43% |
| Current Drawdown | -11.37% | -7.73% |
Correlation
The correlation between PTBD and AGG is 0.55, 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
PTBD vs. AGG - Performance Comparison
In the year-to-date period, PTBD achieves a 4.93% return, which is significantly higher than AGG's 2.65% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PTBD vs. AGG - Expense Ratio Comparison
PTBD has a 0.60% expense ratio, which is higher than AGG's 0.05% expense ratio.
Risk-Adjusted Performance
PTBD vs. AGG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer Trendpilot US Bond ETF (PTBD) 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
PTBD vs. AGG - Dividend Comparison
PTBD's dividend yield for the trailing twelve months is around 6.62%, more than AGG's 3.93% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PTBD Pacer Trendpilot US Bond ETF | 6.62% | 6.56% | 6.15% | 2.70% | 2.50% | 0.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AGG iShares Core U.S. Aggregate Bond ETF | 3.93% | 3.13% | 2.39% | 1.77% | 2.14% | 2.70% | 2.96% | 2.32% | 2.39% | 2.45% | 2.40% | 2.32% |
Drawdowns
PTBD vs. AGG - Drawdown Comparison
The maximum PTBD drawdown since its inception was -26.00%, which is greater than AGG's maximum drawdown of -18.43%. Use the drawdown chart below to compare losses from any high point for PTBD and AGG. For additional features, visit the drawdowns tool.
Volatility
PTBD vs. AGG - Volatility Comparison
The current volatility for Pacer Trendpilot US Bond ETF (PTBD) is 1.06%, while iShares Core U.S. Aggregate Bond ETF (AGG) has a volatility of 1.68%. This indicates that PTBD experiences smaller price fluctuations and is considered to be less risky than AGG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.