XAGG vs. VGMS

Last updated Apr 2, 2026

Compare and contrast key facts about Eaton Vance Income Opportunities ETF (XAGG) and Vanguard Multi-Sector Income Bond ETF (VGMS).

XAGG and VGMS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XAGG is an actively managed fund by Eaton Vance. It was launched on Nov 10, 2025. VGMS is an actively managed fund by Vanguard. It was launched on Jun 9, 2025.

Performance

XAGG vs. VGMS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eaton Vance Income Opportunities ETF (XAGG) and Vanguard Multi-Sector Income Bond ETF (VGMS). The values are adjusted to include any dividend payments, if applicable.

XAGG vs. VGMS - Yearly Performance Comparison

	2026 (YTD)	2025
XAGG Eaton Vance Income Opportunities ETF	0.37%	1.61%
VGMS Vanguard Multi-Sector Income Bond ETF	-0.07%	0.95%

Returns By Period

In the year-to-date period, XAGG achieves a 0.37% return, which is significantly higher than VGMS's -0.07% return.

XAGG

• 1D: 0.22%
• 1M: -1.75%
• YTD: 0.37%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VGMS

• 1D: 0.21%
• 1M: -1.14%
• YTD: -0.07%
• 6M: 1.31%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XAGG vs. VGMS - Expense Ratio Comparison

XAGG has a 0.50% expense ratio, which is higher than VGMS's 0.30% expense ratio.

XAGG

Eaton Vance Income Opportunities ETF

VGMS

Vanguard Multi-Sector Income Bond ETF

Return for Risk

XAGG vs. VGMS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Income Opportunities ETF (XAGG) and Vanguard Multi-Sector Income Bond ETF (VGMS). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	XAGG	VGMS	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.55	2.16	-0.61

Correlation

The correlation between XAGG and VGMS is 0.60, 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 vs. VGMS - Dividend Comparison

XAGG's dividend yield for the trailing twelve months is around 2.71%, less than VGMS's 4.29% yield.

	TTM	2025
XAGG Eaton Vance Income Opportunities ETF	2.71%	1.02%
VGMS Vanguard Multi-Sector Income Bond ETF	4.29%	2.94%

Drawdowns

XAGG vs. VGMS - Drawdown Comparison

The maximum XAGG drawdown since its inception was -2.88%, which is greater than VGMS's maximum drawdown of -2.46%. Use the drawdown chart below to compare losses from any high point for XAGG and VGMS.

Drawdown Indicators

	XAGG	VGMS	Difference
Max Drawdown Largest peak-to-trough decline	-2.88%	-2.46%	-0.42%
Current Drawdown Current decline from peak	-2.00%	-1.30%	-0.70%
Average Drawdown Average peak-to-trough decline	-0.47%	-0.28%	-0.19%

Volatility

Volatility by Period

	XAGG	VGMS	Difference
Volatility (1Y) Calculated over the trailing 1-year period	3.41%	3.12%	+0.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.41%	3.12%	+0.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.41%	3.12%	+0.29%