XAGG.TO vs. BKAG
Compare and contrast key facts about iShares U.S. Aggregate Bond Index ETF (XAGG.TO) and BNY Mellon Core Bond ETF (BKAG).
XAGG.TO and BKAG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XAGG.TO is a passively managed fund by iShares that tracks the performance of the Bloomberg US Aggregate Bond Index. It was launched on Aug 6, 2021. BKAG is a passively managed fund by BNY Mellon that tracks the performance of the Bloomberg US Aggregate Total Return Index. It was launched on Apr 24, 2020. Both XAGG.TO and BKAG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
XAGG.TO vs. BKAG - Performance Comparison
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XAGG.TO vs. BKAG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XAGG.TO iShares U.S. Aggregate Bond Index ETF | 1.46% | 1.84% | 10.32% | 0.84% | -6.28% | -1.77% |
BKAG BNY Mellon Core Bond ETF | 1.43% | 2.31% | 9.86% | 3.35% | -7.11% | -2.34% |
Different Trading Currencies
XAGG.TO is traded in CAD, while BKAG is traded in USD. To make them comparable, the BKAG values have been converted to CAD using the latest available exchange rates.
Returns By Period
The year-to-date returns for both stocks are quite close, with XAGG.TO having a 1.46% return and BKAG slightly lower at 1.43%.
XAGG.TO
- 1D
- 0.40%
- 1M
- 0.61%
- YTD
- 1.46%
- 6M
- 1.14%
- 1Y
- 1.08%
- 3Y*
- 4.41%
- 5Y*
- —
- 10Y*
- —
BKAG
- 1D
- -0.20%
- 1M
- 0.31%
- YTD
- 1.43%
- 6M
- 0.58%
- 1Y
- 1.08%
- 3Y*
- 4.55%
- 5Y*
- 2.28%
- 10Y*
- —
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XAGG.TO vs. BKAG - Expense Ratio Comparison
XAGG.TO has a 0.10% expense ratio, which is higher than BKAG's 0.00% 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%.
Return for Risk
XAGG.TO vs. BKAG — Risk / Return Rank
XAGG.TO
BKAG
XAGG.TO vs. BKAG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Aggregate Bond Index ETF (XAGG.TO) and BNY Mellon Core Bond ETF (BKAG). 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.
| XAGG.TO | BKAG | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.20 | 0.17 | +0.03 |
Sortino ratioReturn per unit of downside risk | 0.32 | 0.28 | +0.05 |
Omega ratioGain probability vs. loss probability | 1.04 | 1.03 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 0.62 | 0.14 | +0.48 |
Martin ratioReturn relative to average drawdown | 1.26 | 0.28 | +0.97 |
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
| XAGG.TO | BKAG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.20 | 0.17 | +0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.29 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | -0.03 | +0.27 |
Correlation
The correlation between XAGG.TO and BKAG is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
XAGG.TO vs. BKAG - Dividend Comparison
XAGG.TO's dividend yield for the trailing twelve months is around 3.96%, less than BKAG's 4.27% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XAGG.TO iShares U.S. Aggregate Bond Index ETF | 3.96% | 3.86% | 3.06% | 2.29% | 1.62% | 1.02% | 0.00% |
BKAG BNY Mellon Core Bond ETF | 4.27% | 4.17% | 4.26% | 3.33% | 2.49% | 1.55% | 1.16% |
Drawdowns
XAGG.TO vs. BKAG - Drawdown Comparison
The maximum XAGG.TO drawdown since its inception was -12.50%, smaller than the maximum BKAG drawdown of -19.64%. Use the drawdown chart below to compare losses from any high point for XAGG.TO and BKAG.
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Drawdown Indicators
| XAGG.TO | BKAG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.50% | -18.53% | +6.03% |
Max Drawdown (1Y)Largest decline over 1 year | -5.57% | -2.51% | -3.06% |
Max Drawdown (5Y)Largest decline over 5 years | — | -18.00% | — |
Current DrawdownCurrent decline from peak | -1.33% | -2.45% | +1.12% |
Average DrawdownAverage peak-to-trough decline | -4.54% | -7.26% | +2.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.45% | 0.90% | +2.55% |
Volatility
XAGG.TO vs. BKAG - Volatility Comparison
The current volatility for iShares U.S. Aggregate Bond Index ETF (XAGG.TO) is 1.99%, while BNY Mellon Core Bond ETF (BKAG) has a volatility of 2.15%. This indicates that XAGG.TO experiences smaller price fluctuations and is considered to be less risky than BKAG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XAGG.TO | BKAG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.99% | 2.15% | -0.16% |
Volatility (6M)Calculated over the trailing 6-month period | 4.37% | 4.23% | +0.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.15% | 6.29% | +0.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.82% | 7.84% | +1.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.82% | 7.85% | +1.97% |