UBEW vs. AGZD

Last updated Jun 4, 2026

UBEW (Roundhill UBER WeeklyPay ETF) and AGZD (WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund) are both exchange-traded funds - UBEW is a fund fund actively managed by Roundhill, while AGZD is a Nontraditional Bonds fund tracking the Bloomberg Rate Hedged U.S. Aggregate Bond Index, Zero Duration. UBEW is actively managed, while AGZD is passively managed. At a correlation of -0.12, they often move in opposite directions. UBEW charges 0.99%/yr vs 0.23%/yr for AGZD.

Performance

UBEW vs. AGZD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill UBER WeeklyPay ETF (UBEW) 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, UBEW achieves a -15.76% return, which is significantly lower than AGZD's 2.22% return.

UBEW

• 1D: 0.12%
• 1M: -3.71%
• YTD: -15.76%
• 6M: -26.05%
• 1Y: —
• 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)

UBEW vs. AGZD - Yearly Performance Comparison

	2026 (YTD)	2025
UBEW Roundhill UBER WeeklyPay ETF	-15.76%	-17.23%
AGZD WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund	2.22%	0.75%

Correlation

The correlation between UBEW and AGZD is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 24, 2025	-0.12

Return for Risk

UBEW 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.

UBEW vs. AGZD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill UBER WeeklyPay ETF (UBEW) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	UBEW	AGZD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.83	—
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	-1.07	0.64	-1.71

Drawdowns

UBEW vs. AGZD - Drawdown Comparison

The maximum UBEW drawdown since its inception was -37.34%, which is greater than AGZD's maximum drawdown of -8.46%. Use the drawdown chart below to compare losses from any high point for UBEW and AGZD.

Drawdown Indicators

	UBEW	AGZD	Difference
Max Drawdown Largest peak-to-trough decline	-37.34%	-8.46%	-28.88%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.87%	—
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	-34.82%	-0.39%	-34.43%
Average Drawdown Average peak-to-trough decline	-24.96%	-0.77%	-24.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.28%	—

Volatility

Volatility by Period

	UBEW	AGZD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.03%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.99%	—
Volatility (1Y) Calculated over the trailing 1-year period	42.34%	2.89%	+39.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.34%	3.59%	+38.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.34%	3.72%	+38.62%

UBEW vs. AGZD - Expense Ratio Comparison

UBEW has a 0.99% expense ratio, which is higher than AGZD's 0.23% expense ratio.

Dividends

UBEW vs. AGZD - Dividend Comparison

UBEW's dividend yield for the trailing twelve months is around 31.85%, more 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%
UBEW Roundhill UBER WeeklyPay ETF	31.85%	8.98%	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 UBEW and AGZD in my portfolio?

UBEW 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 ETF is better, UBEW or AGZD?

On fees, AGZD is cheaper at 0.23% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, UBEW or AGZD?

AGZD is cheaper with a 0.23% expense ratio, compared with 0.99% for UBEW.

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

UBEW has the higher dividend yield at 31.85%, compared with 3.99% for AGZD.

What is the main difference between UBEW and AGZD?

They also come from different issuers: Roundhill and WisdomTree. Their fees differ too: 0.99% for UBEW and 0.23% for AGZD.