PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
SVARX vs. AGRH
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SVARX vs. AGRH

Last updated Jun 24, 2026

SVARX (Spectrum Low Volatility Fund) and AGRH (iShares Interest Rate Hedged U.S. Aggregate Bond ETF) are both funds - SVARX is a Nontraditional Bonds fund managed by Advisors Preferred, while AGRH is a Ultrashort Bond fund tracking the BlackRock Interest Rate Hedged U.S. Aggregate Bond Index - Benchmark TR Gross. Over the past 3 years, SVARX returned 6.72%/yr vs 5.85%/yr for AGRH. At a 0.41 correlation, their price movements are largely independent. SVARX charges 2.34%/yr vs 0.13%/yr for AGRH.

Performance

SVARX vs. AGRH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Spectrum Low Volatility Fund (SVARX) and iShares Interest Rate Hedged U.S. Aggregate Bond ETF (AGRH). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, SVARX achieves a 1.14% return, which is significantly lower than AGRH's 1.99% return.

SVARX

1D
-0.17%
1M
0.42%
YTD
1.14%
6M
1.49%
1Y
5.38%
3Y*
6.72%
5Y*
3.13%
10Y*
6.12%

AGRH

1D
0.00%
1M
0.38%
YTD
1.99%
6M
2.21%
1Y
6.18%
3Y*
5.85%
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

SVARX vs. AGRH - Yearly Performance Comparison

2026 (YTD)2025202420232022
SVARX
Spectrum Low Volatility Fund		1.14%6.22%2.60%9.67%-0.50%
AGRH
iShares Interest Rate Hedged U.S. Aggregate Bond ETF		1.99%6.00%5.93%6.40%1.76%

Correlation

The correlation between SVARX and AGRH is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.39

Correlation (3Y)
Calculated over the trailing 3-year period

0.35

Correlation (All Time)
Calculated using the full available price history since Jun 24, 2022

0.41

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Spectrum Low Volatility Fund

iShares Interest Rate Hedged U.S. Aggregate Bond ETF

Often compared with SVARX:
SVARX vs. ACWVSVARX vs. HFSAXSVARX vs. VMFXXSVARX vs. BILSVARX vs. VOOSVARX vs. VWNEXSVARX vs. AGZD
Often compared with AGRH:
AGRH vs. VGSHAGRH vs. AAAAGRH vs. AGGAGRH vs. OSTIXAGRH vs. SPYAGRH vs. CLOZAGRH vs. USFR

Return for Risk

SVARX vs. AGRH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SVARX
SVARX Risk / Return Rank: 4848
Overall Rank
SVARX Sharpe Ratio Rank: 5858
Sharpe Ratio Rank
SVARX Sortino Ratio Rank: 5050
Sortino Ratio Rank
SVARX Omega Ratio Rank: 7272
Omega Ratio Rank
SVARX Calmar Ratio Rank: 3737
Calmar Ratio Rank
SVARX Martin Ratio Rank: 2222
Martin Ratio Rank
AGRH
AGRH Risk / Return Rank: 9797
Overall Rank
AGRH Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
AGRH Sortino Ratio Rank: 9898
Sortino Ratio Rank
AGRH Omega Ratio Rank: 9898
Omega Ratio Rank
AGRH Calmar Ratio Rank: 9797
Calmar Ratio Rank
AGRH Martin Ratio Rank: 9797
Martin Ratio Rank
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.

SVARX vs. AGRH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Spectrum Low Volatility Fund (SVARX) and iShares Interest Rate Hedged U.S. Aggregate Bond ETF (AGRH). 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.

SVARXAGRHDifference
Sharpe ratioReturn per unit of total volatility
2.07
4.32

-2.25

Sortino ratioReturn per unit of downside risk
2.74
7.54

-4.80

Omega ratioGain probability vs. loss probability

1.43

2.10

-0.66

Calmar ratioReturn relative to maximum drawdown

2.20

9.25

-7.04

Martin ratioReturn relative to average drawdown

4.94

43.99

-39.04

SVARX vs. AGRH - Sharpe Ratio Comparison

The current SVARX Sharpe Ratio is 2.07, which is lower than the AGRH Sharpe Ratio of 4.32. The chart below compares the historical Sharpe Ratios of SVARX and AGRH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

SVARX vs. AGRH - Drawdown Comparison

The maximum SVARX drawdown since its inception was -6.48%, which is greater than AGRH's maximum drawdown of -1.73%. Use the drawdown chart below to compare losses from any high point for SVARX and AGRH.

Loading charts...

Drawdown Indicators

SVARXAGRHDifference

Max Drawdown

Largest peak-to-trough decline

-6.48%

-1.73%

-4.75%

Max Drawdown (1Y)

Largest decline over 1 year

-2.55%

-0.67%

-1.88%

Max Drawdown (3Y)

Largest decline over 3 years

-2.55%

-1.73%

-0.82%

Max Drawdown (5Y)

Largest decline over 5 years

-6.48%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-6.48%

—

—

Current Drawdown

Current decline from peak

-1.65%

-0.00%

-1.65%

Average Drawdown

Average peak-to-trough decline

-1.23%

-0.15%

-1.08%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.14%

0.14%

+1.00%

Volatility

SVARX vs. AGRH - Volatility Comparison

Spectrum Low Volatility Fund (SVARX) has a higher volatility of 0.85% compared to iShares Interest Rate Hedged U.S. Aggregate Bond ETF (AGRH) at 0.28%. This indicates that SVARX's price experiences larger fluctuations and is considered to be riskier than AGRH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

SVARXAGRHDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.85%

0.28%

+0.57%

Volatility (6M)

Calculated over the trailing 6-month period

2.22%

1.00%

+1.22%

Volatility (1Y)

Calculated over the trailing 1-year period

2.72%

1.44%

+1.28%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

3.10%

1.77%

+1.33%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

3.67%

1.77%

+1.90%

SVARX vs. AGRH - Expense Ratio Comparison

SVARX has a 2.34% expense ratio, which is higher than AGRH's 0.13% expense ratio.

Dividends

SVARX vs. AGRH - Dividend Comparison

SVARX's dividend yield for the trailing twelve months is around 5.88%, more than AGRH's 4.17% yield.

PositionTTM20252024202320222021202020192018201720162015
AGRH
iShares Interest Rate Hedged U.S. Aggregate Bond ETF		4.17%4.63%5.17%4.69%1.24%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SVARX
Spectrum Low Volatility Fund		5.88%5.95%9.35%3.35%0.00%5.85%0.71%4.91%2.41%6.90%9.07%3.02%

Frequently Asked Questions

SVARX and AGRH have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SVARX has higher volatility (0.85%) compared to AGRH (0.28%). In terms of maximum drawdown, SVARX dropped -6.48% vs AGRH's -1.73%.

AGRH currently has the higher Sharpe Ratio (4.32 vs 2.07), 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.

Portfolio Optimizer

Find the right allocation for SVARX and AGRH

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer