WOBDX vs. AGG
Compare and contrast key facts about JPMorgan Core Bond Fund (WOBDX) and iShares Core U.S. Aggregate Bond ETF (AGG).
WOBDX is managed by JPMorgan Chase. It was launched on May 31, 1991. AGG is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Sep 22, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WOBDX or AGG.
Performance
WOBDX vs. AGG - Performance Comparison
Returns By Period
In the year-to-date period, WOBDX achieves a 2.22% return, which is significantly higher than AGG's 1.93% return. Over the past 10 years, WOBDX has underperformed AGG with an annualized return of 1.28%, while AGG has yielded a comparatively higher 1.44% annualized return.
WOBDX
2.22%
-0.53%
3.23%
6.82%
-0.36%
1.28%
AGG
1.93%
-0.49%
3.50%
6.44%
-0.23%
1.44%
Key characteristics
| WOBDX | AGG | |
|---|---|---|
| Sharpe Ratio | 1.23 | 1.12 |
| Sortino Ratio | 1.82 | 1.63 |
| Omega Ratio | 1.22 | 1.20 |
| Calmar Ratio | 0.47 | 0.45 |
| Martin Ratio | 4.11 | 3.61 |
| Ulcer Index | 1.66% | 1.78% |
| Daily Std Dev | 5.56% | 5.76% |
| Max Drawdown | -18.25% | -18.43% |
| Current Drawdown | -8.29% | -8.38% |
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WOBDX vs. AGG - Expense Ratio Comparison
WOBDX has a 0.50% expense ratio, which is higher than AGG's 0.05% expense ratio.
Correlation
The correlation between WOBDX and AGG is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
WOBDX vs. AGG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Core Bond Fund (WOBDX) 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.
Dividends
WOBDX vs. AGG - Dividend Comparison
WOBDX's dividend yield for the trailing twelve months is around 3.91%, less than AGG's 3.95% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WOBDX JPMorgan Core Bond Fund | 3.91% | 3.49% | 2.68% | 2.07% | 2.36% | 2.77% | 2.80% | 2.66% | 2.47% | 2.34% | 2.53% | 2.76% |
AGG iShares Core U.S. Aggregate Bond ETF | 3.95% | 3.13% | 2.39% | 1.77% | 2.14% | 2.70% | 2.96% | 2.32% | 2.39% | 2.45% | 2.40% | 2.32% |
Drawdowns
WOBDX vs. AGG - Drawdown Comparison
The maximum WOBDX drawdown since its inception was -18.25%, roughly equal to the maximum AGG drawdown of -18.43%. Use the drawdown chart below to compare losses from any high point for WOBDX and AGG. For additional features, visit the drawdowns tool.
Volatility
WOBDX vs. AGG - Volatility Comparison
The current volatility for JPMorgan Core Bond Fund (WOBDX) is 1.35%, while iShares Core U.S. Aggregate Bond ETF (AGG) has a volatility of 1.49%. This indicates that WOBDX experiences smaller price fluctuations and is considered to be less risky than AGG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.