XAGG vs. IBDR
XAGG (Eaton Vance Income Opportunities ETF) and IBDR (iShares iBonds Dec 2026 Term Corporate ETF) are both exchange-traded funds - XAGG is a Multisector Bonds fund actively managed by Eaton Vance, while IBDR is a Corporate Bonds fund tracking the Barclays December 2026 Maturity Corporate Index. XAGG is actively managed, while IBDR is passively managed. At a correlation of -0.08, they often move in opposite directions. XAGG charges 0.50%/yr vs 0.10%/yr for IBDR.
Performance
XAGG vs. IBDR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XAGG achieves a 2.10% return, which is significantly higher than IBDR's 1.65% return.
XAGG
- 1D
- 0.09%
- 1M
- 0.54%
- YTD
- 2.10%
- 6M
- 1.94%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IBDR
- 1D
- -0.04%
- 1M
- 0.25%
- YTD
- 1.65%
- 6M
- 1.77%
- 1Y
- 4.21%
- 3Y*
- 5.16%
- 5Y*
- 1.58%
- 10Y*
- —
XAGG vs. IBDR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
XAGG Eaton Vance Income Opportunities ETF | 2.10% | 1.75% |
IBDR iShares iBonds Dec 2026 Term Corporate ETF | 1.65% | 0.70% |
Correlation
The correlation between XAGG and IBDR is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 10, 2025 | -0.08 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XAGG vs. IBDR — Risk / Return Rank
XAGG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IBDR
XAGG vs. IBDR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Income Opportunities ETF (XAGG) and iShares iBonds Dec 2026 Term Corporate ETF (IBDR). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XAGG | IBDR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 3.26 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 51.18 | — |
| Martin ratioReturn relative to average drawdown | — | 177.95 | — |
Loading charts...
Drawdowns
XAGG vs. IBDR - Drawdown Comparison
The maximum XAGG drawdown since its inception was -2.88%, smaller than the maximum IBDR drawdown of -16.06%. Use the drawdown chart below to compare losses from any high point for XAGG and IBDR.
Loading charts...
Drawdown Indicators
| XAGG | IBDR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.88% | -16.06% | +13.18% |
Max Drawdown (1Y)Largest decline over 1 year | — | -0.08% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -1.08% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -13.13% | — |
Current DrawdownCurrent decline from peak | -0.51% | -0.04% | -0.47% |
Average DrawdownAverage peak-to-trough decline | -0.56% | -2.82% | +2.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.02% | — |
Volatility
XAGG vs. IBDR - Volatility Comparison
Loading charts...
Volatility by Period
| XAGG | IBDR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.18% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 0.35% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.50% | 0.63% | +2.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.50% | 3.39% | +0.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.50% | 4.85% | -1.35% |
XAGG vs. IBDR - Expense Ratio Comparison
XAGG has a 0.50% expense ratio, which is higher than IBDR's 0.10% expense ratio.
Dividends
XAGG vs. IBDR - Dividend Comparison
XAGG's dividend yield for the trailing twelve months is around 3.86%, less than IBDR's 4.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
IBDR iShares iBonds Dec 2026 Term Corporate ETF | 4.13% | 4.20% | 4.13% | 3.41% | 2.44% | 2.11% | 2.61% | 3.25% | 3.56% | 3.22% | 0.86% |
XAGG Eaton Vance Income Opportunities ETF | 3.86% | 1.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XAGG and IBDR have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IBDR is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IBDR is cheaper with a 0.10% expense ratio, compared with 0.50% for XAGG.
IBDR has the higher dividend yield at 4.13%, compared with 3.86% for XAGG.
XAGG is categorized as Multisector Bonds, while IBDR is Corporate Bonds. They also come from different issuers: Eaton Vance and iShares. Their fees differ too: 0.50% for XAGG and 0.10% for IBDR.
Find the right allocation for XAGG and IBDR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer