PYLD vs. AGG
Compare and contrast key facts about PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD) and iShares Core U.S. Aggregate Bond ETF (AGG).
PYLD and AGG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PYLD is an actively managed fund by PIMCO. It was launched on Jun 21, 2023. AGG is a passively managed fund by iShares that tracks the performance of the Bloomberg U.S. Aggregate Bond Index. It was launched on Sep 22, 2003.
Performance
PYLD vs. AGG - Performance Comparison
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PYLD vs. AGG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
PYLD PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund | -0.92% | 9.57% | 7.69% | 5.60% |
AGG iShares Core U.S. Aggregate Bond ETF | 0.02% | 7.19% | 1.31% | 3.30% |
Returns By Period
In the year-to-date period, PYLD achieves a -0.92% return, which is significantly lower than AGG's 0.02% return.
PYLD
- 1D
- 0.50%
- 1M
- -2.28%
- YTD
- -0.92%
- 6M
- 0.90%
- 1Y
- 5.87%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AGG
- 1D
- 0.23%
- 1M
- -1.79%
- YTD
- 0.02%
- 6M
- 0.97%
- 1Y
- 4.36%
- 3Y*
- 3.59%
- 5Y*
- 0.23%
- 10Y*
- 1.66%
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PYLD vs. AGG - Expense Ratio Comparison
PYLD has a 0.55% expense ratio, which is higher than AGG's 0.03% expense ratio.
Return for Risk
PYLD vs. AGG — Risk / Return Rank
PYLD
AGG
PYLD vs. AGG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD) 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.
| PYLD | AGG | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.72 | 1.00 | +0.72 |
Sortino ratioReturn per unit of downside risk | 2.39 | 1.42 | +0.97 |
Omega ratioGain probability vs. loss probability | 1.34 | 1.18 | +0.16 |
Calmar ratioReturn relative to maximum drawdown | 1.84 | 1.81 | +0.03 |
Martin ratioReturn relative to average drawdown | 7.60 | 5.07 | +2.53 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PYLD | AGG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.72 | 1.00 | +0.72 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.04 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.31 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.99 | 0.59 | +1.39 |
Correlation
The correlation between PYLD and AGG is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
PYLD vs. AGG - Dividend Comparison
PYLD's dividend yield for the trailing twelve months is around 6.36%, more than AGG's 3.93% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PYLD PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund | 6.36% | 6.21% | 6.40% | 2.72% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AGG iShares Core U.S. Aggregate Bond ETF | 3.93% | 3.89% | 3.74% | 3.13% | 2.39% | 1.77% | 2.14% | 2.70% | 2.72% | 2.32% | 2.39% | 2.45% |
Drawdowns
PYLD vs. AGG - Drawdown Comparison
The maximum PYLD drawdown since its inception was -4.52%, smaller than the maximum AGG drawdown of -18.43%. Use the drawdown chart below to compare losses from any high point for PYLD and AGG.
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Drawdown Indicators
| PYLD | AGG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.52% | -18.43% | +13.91% |
Max Drawdown (1Y)Largest decline over 1 year | -3.25% | -2.52% | -0.73% |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.82% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.43% | — |
Current DrawdownCurrent decline from peak | -2.28% | -2.36% | +0.08% |
Average DrawdownAverage peak-to-trough decline | -0.64% | -2.71% | +2.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.79% | 0.90% | -0.11% |
Volatility
PYLD vs. AGG - Volatility Comparison
PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD) and iShares Core U.S. Aggregate Bond ETF (AGG) have volatilities of 1.61% and 1.66%, 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
| PYLD | AGG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.61% | 1.66% | -0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 2.12% | 2.55% | -0.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.43% | 4.37% | -0.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.00% | 6.07% | -2.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.00% | 5.39% | -1.39% |