SVARX vs. AGZD

Last updated Aug 4, 2026

SVARX (Spectrum Low Volatility Fund) and AGZD (WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund) are both Nontraditional Bonds funds. Over the past 10 years, SVARX returned 5.90%/yr vs 3.28%/yr for AGZD. Their 0.08 correlation means their historical movements had little consistent relationship. SVARX charges 2.34%/yr vs 0.23%/yr for AGZD.

Performance

SVARX vs. AGZD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Spectrum Low Volatility Fund (SVARX) 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, SVARX achieves a 1.02% return, which is significantly lower than AGZD's 2.67% return. Over the past 10 years, SVARX has outperformed AGZD with an annualized return of 5.90%, while AGZD has yielded a comparatively lower 3.28% annualized return.

SVARX

• 1D: 0.08%
• 1M: -0.17%
• 6M: -0.21%
• YTD: 1.02%
• 1Y: 4.81%
• 3Y*: 6.31%
• 5Y*: 3.01%
• 10Y*: 5.90%
• ALL TIME*: 5.80%

AGZD

• 1D: -0.15%
• 1M: 0.35%
• 6M: 2.06%
• YTD: 2.67%
• 1Y: 5.35%
• 3Y*: 5.70%
• 5Y*: 4.41%
• 10Y*: 3.28%
• ALL TIME*: 2.51%

*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)
AGZD WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund	$2.34M	$1.94M	$1.52M
SVARX Spectrum Low Volatility Fund	$0.00	$0.00	$0.00

SVARX vs. AGZD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SVARX Spectrum Low Volatility Fund	1.02%	6.22%	2.60%	9.67%	-4.35%	4.10%	19.50%	9.42%	-0.99%	8.25%
AGZD WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund	2.67%	4.35%	6.64%	7.15%	1.17%	0.69%	0.31%	4.65%	0.18%	2.62%

Correlation

The correlation between SVARX and AGZD is 0.13, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.13
Correlation (3Y) Balances recent behavior with more history.	0.05
Correlation (5Y) Shows whether the relationship held over a longer period.	0.03
Correlation (10Y) Provides a long-term view across more market conditions.	0.09
Correlation (All Time) Calculated using the full available price history since Dec 18, 2013	0.08

Return for Risk

SVARX vs. AGZD — Risk / Return Rank

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

SVARX

SVARX Risk / Return Rank: 60
SVARX Sharpe Ratio Rank: 77
SVARX Sortino Ratio Rank: 70
SVARX Omega Ratio Rank: 81
SVARX Calmar Ratio Rank: 47
SVARX Martin Ratio Rank: 26

AGZD

AGZD Risk / Return Rank: 89
AGZD Sharpe Ratio Rank: 83
AGZD Sortino Ratio Rank: 85
AGZD Omega Ratio Rank: 86
AGZD Calmar Ratio Rank: 97
AGZD Martin Ratio Rank: 95

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.

SVARX vs. AGZD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Spectrum Low Volatility Fund (SVARX) 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.

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.

	SVARX	AGZD	Difference
Sharpe ratio: Return per unit of total volatility	1.88	2.00	-0.12
Sortino ratio: Return per unit of downside risk	2.48	2.90	-0.43
Omega ratio: Gain probability vs. loss probability	1.39	1.38	0.00
Calmar ratio: Return relative to maximum drawdown	1.94	7.34	-5.40
Martin ratio: Return relative to average drawdown	3.93	20.96	-17.04

SVARX vs. AGZD - Sharpe Ratio Comparison

The current SVARX Sharpe Ratio is 1.88, which is comparable to the AGZD Sharpe Ratio of 2.00. The chart below compares the historical Sharpe Ratios of SVARX 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.

Drawdowns

SVARX vs. AGZD - Drawdown Comparison

The maximum SVARX drawdown since its inception was -6.48%, smaller than the maximum AGZD drawdown of -8.46%. Use the drawdown chart below to compare losses from any high point for SVARX and AGZD.

Drawdown Indicators

	SVARX	AGZD	Difference
Max Drawdown Largest peak-to-trough decline	-6.48%	-8.46%	+1.98%
Max Drawdown (1Y) Largest decline over 1 year	-2.55%	-0.73%	-1.82%
Max Drawdown (3Y) Largest decline over 3 years	-2.55%	-1.71%	-0.84%
Max Drawdown (5Y) Largest decline over 5 years	-6.48%	-2.23%	-4.25%
Max Drawdown (10Y) Largest decline over 10 years	-6.48%	-8.46%	+1.98%
Current Drawdown Current decline from peak	-1.77%	-0.18%	-1.59%
Average Drawdown Average peak-to-trough decline	-1.23%	-0.77%	-0.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.25%	0.26%	+0.99%

Volatility

SVARX vs. AGZD - Volatility Comparison

Spectrum Low Volatility Fund (SVARX) has a higher volatility of 0.54% compared to WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD) at 0.46%. This indicates that SVARX'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

	SVARX	AGZD	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.54%	0.46%	+0.08%
Volatility (6M) Calculated over the trailing 6-month period	1.98%	1.87%	+0.11%
Volatility (1Y) Calculated over the trailing 1-year period	2.63%	2.70%	-0.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.08%	3.60%	-0.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.59%	3.68%	-0.09%

SVARX vs. AGZD - Expense Ratio Comparison

SVARX has a 2.34% expense ratio, which is higher than AGZD's 0.23% expense ratio.

Dividends

SVARX vs. AGZD - Dividend Comparison

SVARX's dividend yield for the trailing twelve months is around 5.89%, more than AGZD's 3.97% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AGZD WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund	3.97%	4.12%	3.96%	6.07%	8.61%	1.66%	2.28%	2.83%	2.62%	2.31%	1.81%	1.66%
SVARX Spectrum Low Volatility Fund	5.89%	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

Can I hold both SVARX and AGZD in my portfolio?

SVARX and AGZD have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SVARX or AGZD?

SVARX has higher volatility (0.54%) compared to AGZD (0.46%). In terms of maximum drawdown, SVARX dropped -6.48% vs AGZD's -8.46%.

Which has better risk-adjusted returns?

AGZD currently has the higher Sharpe Ratio (2.00 vs 1.88), 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.