REMG vs. AGZD

Last updated Jun 3, 2026

REMG (Russell Investments Emerging Markets Equity ETF) and AGZD (WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund) are both exchange-traded funds - REMG is a Emerging Markets Diversified fund actively managed by Russell, while AGZD is a Nontraditional Bonds fund tracking the Bloomberg Rate Hedged U.S. Aggregate Bond Index, Zero Duration. REMG is actively managed, while AGZD is passively managed. Over the past year, REMG returned 61.56% vs 5.26% for AGZD. At a 0.12 correlation, their price movements are largely independent. REMG charges 0.64%/yr vs 0.23%/yr for AGZD.

Performance

REMG vs. AGZD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Russell Investments Emerging Markets Equity ETF (REMG) and WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, REMG achieves a 31.09% return, which is significantly higher than AGZD's 2.22% return.

REMG

• 1D: 0.64%
• 1M: 11.45%
• YTD: 31.09%
• 6M: 34.21%
• 1Y: 61.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AGZD

• 1D: -0.18%
• 1M: 0.67%
• YTD: 2.22%
• 6M: 2.64%
• 1Y: 5.26%
• 3Y*: 6.02%
• 5Y*: 4.32%
• 10Y*: 3.15%

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

REMG vs. AGZD - Yearly Performance Comparison

	2026 (YTD)	2025
REMG Russell Investments Emerging Markets Equity ETF	31.09%	24.09%
AGZD WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund	2.22%	2.97%

Correlation

The correlation between REMG and AGZD is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.12
Correlation (All Time) Calculated using the full available price history since Jun 2, 2025	0.12

Return for Risk

REMG vs. AGZD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AGZD

AGZD Risk / Return Rank: 69
AGZD Sharpe Ratio Rank: 53
AGZD Sortino Ratio Rank: 56
AGZD Omega Ratio Rank: 58
AGZD Calmar Ratio Rank: 92
AGZD Martin Ratio Rank: 87

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

REMG vs. AGZD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Russell Investments Emerging Markets Equity ETF (REMG) 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.

	REMG	AGZD	Difference
Sharpe ratio Return per unit of total volatility	3.00	1.83	+1.17
Sortino ratio Return per unit of downside risk	3.84	2.71	+1.13
Omega ratio Gain probability vs. loss probability	1.54	1.36	+0.17
Calmar ratio Return relative to maximum drawdown	—	6.09	—
Martin ratio Return relative to average drawdown	—	19.08	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

REMG vs. AGZD - Sharpe Ratio Comparison

The current REMG Sharpe Ratio is 3.00, which is higher than the AGZD Sharpe Ratio of 1.83. The chart below compares the historical Sharpe Ratios of REMG and AGZD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	REMG	AGZD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.00	1.83	+1.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.21	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.85	—
Sharpe Ratio (All Time) Calculated using the full available price history	3.05	0.64	+2.40

Drawdowns

REMG vs. AGZD - Drawdown Comparison

The maximum REMG drawdown since its inception was -14.13%, which is greater than AGZD's maximum drawdown of -8.46%. Use the drawdown chart below to compare losses from any high point for REMG and AGZD.

Drawdown Indicators

	REMG	AGZD	Difference
Max Drawdown Largest peak-to-trough decline	-14.13%	-8.46%	-5.67%
Max Drawdown (1Y) Largest decline over 1 year	-14.13%	-0.87%	-13.26%
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 Drawdown Current decline from peak	0.00%	-0.39%	+0.39%
Average Drawdown Average peak-to-trough decline	-1.94%	-0.77%	-1.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.48%	0.28%	+3.20%

Volatility

REMG vs. AGZD - Volatility Comparison

Russell Investments Emerging Markets Equity ETF (REMG) has a higher volatility of 8.72% compared to WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD) at 1.03%. This indicates that REMG's price experiences larger fluctuations and is considered to be riskier than AGZD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	REMG	AGZD	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.72%	1.03%	+7.69%
Volatility (6M) Calculated over the trailing 6-month period	17.86%	1.99%	+15.87%
Volatility (1Y) Calculated over the trailing 1-year period	20.61%	2.89%	+17.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.61%	3.59%	+17.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.61%	3.72%	+16.89%

REMG vs. AGZD - Expense Ratio Comparison

REMG has a 0.64% expense ratio, which is higher than AGZD's 0.23% expense ratio.

Dividends

REMG vs. AGZD - Dividend Comparison

REMG's dividend yield for the trailing twelve months is around 1.05%, less than AGZD's 3.99% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AGZD WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund	3.99%	4.12%	3.96%	6.07%	8.61%	1.66%	2.28%	2.83%	2.62%	2.31%	1.81%	1.66%
REMG Russell Investments Emerging Markets Equity ETF	1.05%	1.37%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both REMG and AGZD in my portfolio?

REMG and AGZD have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, REMG or AGZD?

REMG has higher volatility (8.72%) compared to AGZD (1.03%). In terms of maximum drawdown, REMG dropped -14.13% vs AGZD's -8.46%.

Which ETF is better, REMG or AGZD?

On 1-year performance, REMG leads with 61.56% vs 5.26% for AGZD. On fees, AGZD is cheaper at 0.23% per year. On volatility, AGZD has been the lower-risk option at 1.03%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, REMG or AGZD?

Over the 1-year period, REMG has performed better with a 61.56% return vs 5.26%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, REMG or AGZD?

AGZD is cheaper with a 0.23% expense ratio, compared with 0.64% for REMG.

Which ETF pays a higher dividend yield, REMG or AGZD?

AGZD has the higher dividend yield at 3.99%, compared with 1.05% for REMG.

What is the main difference between REMG and AGZD?

REMG is categorized as Emerging Markets Diversified, while AGZD is Nontraditional Bonds. They also come from different issuers: Russell and WisdomTree. Their fees differ too: 0.64% for REMG and 0.23% for AGZD.

Which has better risk-adjusted returns?

REMG currently has the higher Sharpe Ratio (3.00 vs 1.83), 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.