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VTV vs. AGG
Performance
Return for Risk
Drawdowns
Volatility
Dividends

VTV vs. AGG

Last updated Jun 9, 2026

VTV (Vanguard Value ETF) and AGG (iShares Core U.S. Aggregate Bond ETF) are both exchange-traded funds - VTV is a Large Cap Value Equities fund tracking the CRSP US Large Cap Value Index, while AGG is a Total Bond Market fund tracking the Bloomberg U.S. Aggregate Bond Index. Both are passively managed. Over the past 10 years, VTV returned 12.42%/yr vs 1.52%/yr for AGG. At a correlation of -0.13, they often move in opposite directions. VTV charges 0.04%/yr vs 0.03%/yr for AGG.

Performance

VTV vs. AGG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Value ETF (VTV) and iShares Core U.S. Aggregate Bond ETF (AGG). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, VTV achieves a 11.91% return, which is significantly higher than AGG's -0.08% return. Over the past 10 years, VTV has outperformed AGG with an annualized return of 12.42%, while AGG has yielded a comparatively lower 1.52% annualized return.

VTV

1D
0.25%
1M
2.67%
YTD
11.91%
6M
13.41%
1Y
25.49%
3Y*
17.72%
5Y*
11.30%
10Y*
12.42%

AGG

1D
0.00%
1M
-0.69%
YTD
-0.08%
6M
0.26%
1Y
4.97%
3Y*
3.88%
5Y*
-0.03%
10Y*
1.52%
*Multi-year figures are annualized to reflect compound growth (CAGR)

VTV vs. AGG - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
VTV
Vanguard Value ETF		11.91%15.27%15.95%9.32%-2.09%26.53%2.33%25.66%-5.47%17.15%
AGG
iShares Core U.S. Aggregate Bond ETF		-0.08%7.19%1.31%5.65%-13.02%-1.77%7.48%8.46%0.09%3.55%

Correlation

The correlation between VTV and AGG is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.34

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

0.26

Correlation (5Y)
Calculated over the trailing 5-year period

0.17

Correlation (10Y)
Calculated over the trailing 10-year period

0.02

Correlation (All Time)
Calculated using the full available price history since Feb 2, 2004

-0.13

The correlation between VTV and AGG shifts across timeframes, from -0.13 (all time) to 0.34 (1 year), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

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

Vanguard Value ETF

iShares Core U.S. Aggregate Bond ETF

Often compared with VTV:
VTV vs. SCHDVTV vs. VOOVTV vs. VTIVTV vs. VUGVTV vs. VYMVTV vs. SCHVVTV vs. VIG
Often compared with AGG:
AGG vs. BNDAGG vs. TLTAGG vs. HYGAGG vs. FBNDAGG vs. PIMIXAGG vs. IUSBAGG vs. AGGH

Return for Risk

VTV vs. AGG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
VTV
VTV Risk / Return Rank: 8484
Overall Rank
VTV Sharpe Ratio Rank: 8585
Sharpe Ratio Rank
VTV Sortino Ratio Rank: 8787
Sortino Ratio Rank
VTV Omega Ratio Rank: 8383
Omega Ratio Rank
VTV Calmar Ratio Rank: 8383
Calmar Ratio Rank
VTV Martin Ratio Rank: 8383
Martin Ratio Rank
AGG
AGG Risk / Return Rank: 4040
Overall Rank
AGG Sharpe Ratio Rank: 4141
Sharpe Ratio Rank
AGG Sortino Ratio Rank: 4242
Sortino Ratio Rank
AGG Omega Ratio Rank: 3939
Omega Ratio Rank
AGG Calmar Ratio Rank: 4040
Calmar Ratio Rank
AGG Martin Ratio Rank: 3838
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.

VTV vs. AGG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Value ETF (VTV) and iShares Core U.S. Aggregate Bond ETF (AGG). 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.

VTVAGGDifference
Sharpe ratioReturn per unit of total volatility
2.52
1.32

+1.20

Sortino ratioReturn per unit of downside risk
3.58
1.94

+1.63

Omega ratioGain probability vs. loss probability

1.45

1.23

+0.22

Calmar ratioReturn relative to maximum drawdown

4.03

1.81

+2.23

Martin ratioReturn relative to average drawdown

15.20

5.44

+9.77

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VTV vs. AGG - Sharpe Ratio Comparison

The current VTV Sharpe Ratio is 2.52, which is higher than the AGG Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of VTV and AGG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

VTVAGGDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.52

1.32

+1.20

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.82

-0.00

+0.82

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.75

0.28

+0.47

Sharpe Ratio (All Time)

Calculated using the full available price history

0.51

0.59

-0.08

Drawdowns

VTV vs. AGG - Drawdown Comparison

The maximum VTV drawdown since its inception was -59.27%, which is greater than AGG's maximum drawdown of -18.43%. Use the drawdown chart below to compare losses from any high point for VTV and AGG.

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Drawdown Indicators

VTVAGGDifference

Max Drawdown

Largest peak-to-trough decline

-59.27%

-18.43%

-40.84%

Max Drawdown (1Y)

Largest decline over 1 year

-6.35%

-2.76%

-3.59%

Max Drawdown (3Y)

Largest decline over 3 years

-14.52%

-6.11%

-8.41%

Max Drawdown (5Y)

Largest decline over 5 years

-17.04%

-17.82%

+0.78%

Max Drawdown (10Y)

Largest decline over 10 years

-36.78%

-18.43%

-18.35%

Current Drawdown

Current decline from peak

-1.11%

-2.47%

+1.36%

Average Drawdown

Average peak-to-trough decline

-7.87%

-2.71%

-5.16%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.68%

0.92%

+0.76%

Volatility

VTV vs. AGG - Volatility Comparison

Vanguard Value ETF (VTV) has a higher volatility of 2.65% compared to iShares Core U.S. Aggregate Bond ETF (AGG) at 1.29%. This indicates that VTV's price experiences larger fluctuations and is considered to be riskier than AGG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

VTVAGGDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.65%

1.29%

+1.36%

Volatility (6M)

Calculated over the trailing 6-month period

7.67%

2.77%

+4.90%

Volatility (1Y)

Calculated over the trailing 1-year period

10.18%

3.80%

+6.38%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.89%

6.09%

+7.80%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.68%

5.41%

+11.27%

VTV vs. AGG - Expense Ratio Comparison

VTV has a 0.04% expense ratio, which is higher than AGG's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

VTV vs. AGG - Dividend Comparison

VTV's dividend yield for the trailing twelve months is around 1.87%, less than AGG's 4.00% yield.

PositionTTM20252024202320222021202020192018201720162015
AGG
iShares Core U.S. Aggregate Bond ETF		4.00%3.89%3.74%3.13%2.39%1.77%2.14%2.70%2.72%2.32%2.39%2.45%
VTV
Vanguard Value ETF		1.87%2.05%2.31%2.46%2.52%2.15%2.56%2.50%2.73%2.29%2.44%2.60%

Frequently Asked Questions

VTV and AGG have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

VTV has higher volatility (2.65%) compared to AGG (1.29%). In terms of maximum drawdown, VTV dropped -59.27% vs AGG's -18.43%.

On 10-year performance, VTV leads with 12.42% vs 1.52% for AGG. On fees, AGG is cheaper at 0.03% per year. On volatility, AGG has been the lower-risk option at 1.29%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, VTV has performed better with a 12.42% return vs 1.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

AGG is cheaper with a 0.03% expense ratio, compared with 0.04% for VTV.

AGG has the higher dividend yield at 4.00%, compared with 1.87% for VTV.

VTV is categorized as Large Cap Value Equities, while AGG is Total Bond Market. VTV tracks CRSP US Large Cap Value Index, while AGG tracks Bloomberg U.S. Aggregate Bond Index. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.04% for VTV and 0.03% for AGG.

VTV currently has the higher Sharpe Ratio (2.52 vs 1.32), 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

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