XAGG.TO vs. GCOR

Last updated Jun 4, 2026

XAGG.TO (iShares U.S. Aggregate Bond Index ETF) and GCOR (Goldman Sachs Access U.S. Aggregate Bond ETF) are both exchange-traded funds - XAGG.TO is a Total Bond Market fund tracking the Bloomberg US Aggregate Bond Index, while GCOR is a Intermediate Core Bond fund tracking the FTSE Goldman Sachs US Broad Bond Market Index. Both are passively managed. Over the past 3 years, XAGG.TO returned 4.71%/yr vs 4.92%/yr for GCOR. At a 0.44 correlation, their price movements are largely independent. XAGG.TO charges 0.10%/yr vs 0.08%/yr for GCOR.

Performance

XAGG.TO vs. GCOR - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares U.S. Aggregate Bond Index ETF (XAGG.TO) and Goldman Sachs Access U.S. Aggregate Bond ETF (GCOR). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

XAGG.TO is traded in CAD, while GCOR is traded in USD. To make them comparable, the GCOR values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, XAGG.TO achieves a 0.76% return, which is significantly lower than GCOR's 1.43% return.

XAGG.TO

• 1D: 0.00%
• 1M: 1.87%
• YTD: 0.76%
• 6M: -0.88%
• 1Y: 5.87%
• 3Y*: 4.71%
• 5Y*: —
• 10Y*: —

GCOR

• 1D: 0.18%
• 1M: 2.17%
• YTD: 1.43%
• 6M: -0.38%
• 1Y: 6.32%
• 3Y*: 4.92%
• 5Y*: 2.61%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

XAGG.TO vs. GCOR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
XAGG.TO iShares U.S. Aggregate Bond Index ETF	0.76%	1.84%	10.40%	1.08%	-6.23%	-1.74%
GCOR Goldman Sachs Access U.S. Aggregate Bond ETF	1.43%	2.30%	9.15%	3.45%	-7.69%	-2.60%

Correlation

The correlation between XAGG.TO and GCOR is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.65
Correlation (3Y) Calculated over the trailing 3-year period	0.57
Correlation (All Time) Calculated using the full available price history since Aug 23, 2021	0.44

Over the past year, XAGG.TO and GCOR have become more correlated (0.65) than their long-term average of 0.44, meaning their price movements have been converging.

Return for Risk

XAGG.TO vs. GCOR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XAGG.TO

XAGG.TO Risk / Return Rank: 33
XAGG.TO Sharpe Ratio Rank: 34
XAGG.TO Sortino Ratio Rank: 35
XAGG.TO Omega Ratio Rank: 33
XAGG.TO Calmar Ratio Rank: 36
XAGG.TO Martin Ratio Rank: 27

GCOR

GCOR Risk / Return Rank: 37
GCOR Sharpe Ratio Rank: 38
GCOR Sortino Ratio Rank: 39
GCOR Omega Ratio Rank: 36
GCOR Calmar Ratio Rank: 36
GCOR Martin Ratio Rank: 35

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.

XAGG.TO vs. GCOR - 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 Goldman Sachs Access U.S. Aggregate Bond ETF (GCOR). 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	GCOR	Difference
Sharpe ratio: Return per unit of total volatility	1.22	1.18	+0.04
Sortino ratio: Return per unit of downside risk	1.83	1.70	+0.13
Omega ratio: Gain probability vs. loss probability	1.22	1.21	+0.01
Calmar ratio: Return relative to maximum drawdown	1.75	1.45	+0.31
Martin ratio: Return relative to average drawdown	3.67	3.29	+0.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XAGG.TO vs. GCOR - Sharpe Ratio Comparison

The current XAGG.TO Sharpe Ratio is 1.22, which is comparable to the GCOR Sharpe Ratio of 1.18. The chart below compares the historical Sharpe Ratios of XAGG.TO and GCOR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XAGG.TO	GCOR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.22	1.18	+0.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.34	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	0.05	+0.17

Drawdowns

XAGG.TO vs. GCOR - Drawdown Comparison

The maximum XAGG.TO drawdown since its inception was -12.43%, smaller than the maximum GCOR drawdown of -17.37%. Use the drawdown chart below to compare losses from any high point for XAGG.TO and GCOR.

Drawdown Indicators

	XAGG.TO	GCOR	Difference
Max Drawdown Largest peak-to-trough decline	-12.43%	-17.37%	+4.94%
Max Drawdown (1Y) Largest decline over 1 year	-4.06%	-4.39%	+0.33%
Max Drawdown (3Y) Largest decline over 3 years	-6.98%	-6.77%	-0.21%
Max Drawdown (5Y) Largest decline over 5 years	—	-13.57%	—
Current Drawdown Current decline from peak	-2.01%	-1.61%	-0.40%
Average Drawdown Average peak-to-trough decline	-4.36%	-8.11%	+3.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.56%	1.92%	+1.64%

Volatility

XAGG.TO vs. GCOR - Volatility Comparison

iShares U.S. Aggregate Bond Index ETF (XAGG.TO) has a higher volatility of 1.83% compared to Goldman Sachs Access U.S. Aggregate Bond ETF (GCOR) at 1.35%. This indicates that XAGG.TO's price experiences larger fluctuations and is considered to be riskier than GCOR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XAGG.TO	GCOR	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.83%	1.35%	+0.48%
Volatility (6M) Calculated over the trailing 6-month period	4.22%	4.16%	+0.06%
Volatility (1Y) Calculated over the trailing 1-year period	5.87%	5.38%	+0.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.62%	7.65%	+1.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.62%	7.58%	+2.04%

XAGG.TO vs. GCOR - Expense Ratio Comparison

XAGG.TO has a 0.10% expense ratio, which is higher than GCOR's 0.08% 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

XAGG.TO vs. GCOR - Dividend Comparison

XAGG.TO's dividend yield for the trailing twelve months is around 4.10%, less than GCOR's 4.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
GCOR Goldman Sachs Access U.S. Aggregate Bond ETF	4.17%	4.03%	4.36%	3.67%	2.11%	0.92%	0.24%
XAGG.TO iShares U.S. Aggregate Bond Index ETF	4.10%	3.86%	3.07%	2.59%	1.67%	1.04%	0.00%

Frequently Asked Questions

Can I hold both XAGG.TO and GCOR in my portfolio?

XAGG.TO and GCOR have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XAGG.TO or GCOR?

On fees, GCOR is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XAGG.TO or GCOR?

GCOR is cheaper with a 0.08% expense ratio, compared with 0.10% for XAGG.TO.

What is the main difference between XAGG.TO and GCOR?

XAGG.TO is categorized as Total Bond Market, while GCOR is Intermediate Core Bond. XAGG.TO tracks Bloomberg US Aggregate Bond Index, while GCOR tracks FTSE Goldman Sachs US Broad Bond Market Index. They also come from different issuers: iShares and Goldman Sachs. Their fees differ too: 0.10% for XAGG.TO and 0.08% for GCOR.