THMZ vs. AGZD
THMZ (Lazard Equity Megatrends ETF) and AGZD (WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund) are both exchange-traded funds - THMZ is a Global Equities fund actively managed by Lazard, while AGZD is a Nontraditional Bonds fund tracking the Bloomberg Rate Hedged U.S. Aggregate Bond Index, Zero Duration. THMZ is actively managed, while AGZD is passively managed. Over the past year, THMZ returned 15.10% vs 5.26% for AGZD. At a 0.11 correlation, their price movements are largely independent. THMZ charges 0.50%/yr vs 0.23%/yr for AGZD.
Performance
THMZ vs. AGZD - Performance Comparison
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Returns By Period
In the year-to-date period, THMZ achieves a 3.26% return, which is significantly higher than AGZD's 2.22% return.
THMZ
- 1D
- -0.68%
- 1M
- 4.63%
- YTD
- 3.26%
- 6M
- 3.17%
- 1Y
- 15.10%
- 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%
THMZ vs. AGZD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
THMZ Lazard Equity Megatrends ETF | 3.26% | 31.76% |
AGZD WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund | 2.22% | 5.18% |
Correlation
The correlation between THMZ and AGZD is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Apr 8, 2025 | 0.11 |
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Return for Risk
THMZ vs. AGZD — Risk / Return Rank
THMZ
AGZD
THMZ vs. AGZD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lazard Equity Megatrends ETF (THMZ) 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.
| THMZ | AGZD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.86 | ||
| Sortino ratioReturn per unit of downside risk | -1.26 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.36 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 0.95 | 6.09 | -5.14 |
| Martin ratioReturn relative to average drawdown | 3.41 | 19.08 | -15.66 |
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
| THMZ | AGZD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.97 | 1.83 | -0.86 |
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 | 1.64 | 0.64 | +1.00 |
Drawdowns
THMZ vs. AGZD - Drawdown Comparison
The maximum THMZ drawdown since its inception was -15.99%, which is greater than AGZD's maximum drawdown of -8.46%. Use the drawdown chart below to compare losses from any high point for THMZ and AGZD.
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Drawdown Indicators
| THMZ | AGZD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.99% | -8.46% | -7.53% |
Max Drawdown (1Y)Largest decline over 1 year | -15.99% | -0.87% | -15.12% |
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 DrawdownCurrent decline from peak | -0.68% | -0.39% | -0.29% |
Average DrawdownAverage peak-to-trough decline | -2.60% | -0.77% | -1.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.43% | 0.28% | +4.15% |
Volatility
THMZ vs. AGZD - Volatility Comparison
Lazard Equity Megatrends ETF (THMZ) has a higher volatility of 4.23% compared to WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD) at 1.03%. This indicates that THMZ'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.
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Volatility by Period
| THMZ | AGZD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.23% | 1.03% | +3.20% |
Volatility (6M)Calculated over the trailing 6-month period | 12.53% | 1.99% | +10.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.58% | 2.89% | +12.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.72% | 3.59% | +15.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.72% | 3.72% | +15.00% |
THMZ vs. AGZD - Expense Ratio Comparison
THMZ has a 0.50% expense ratio, which is higher than AGZD's 0.23% expense ratio.
Dividends
THMZ vs. AGZD - Dividend Comparison
THMZ's dividend yield for the trailing twelve months is around 0.41%, 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% |
THMZ Lazard Equity Megatrends ETF | 0.41% | 0.30% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
THMZ and AGZD have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
THMZ has higher volatility (4.23%) compared to AGZD (1.03%). In terms of maximum drawdown, THMZ dropped -15.99% vs AGZD's -8.46%.
On 1-year performance, THMZ leads with 15.10% 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.
Over the 1-year period, THMZ has performed better with a 15.10% return vs 5.26%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
AGZD is cheaper with a 0.23% expense ratio, compared with 0.50% for THMZ.
AGZD has the higher dividend yield at 3.99%, compared with 0.41% for THMZ.
THMZ is categorized as Global Equities, while AGZD is Nontraditional Bonds. They also come from different issuers: Lazard and WisdomTree. Their fees differ too: 0.50% for THMZ and 0.23% for AGZD.
AGZD currently has the higher Sharpe Ratio (1.83 vs 0.97), 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.
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