XAGG vs. VGMS
XAGG (Eaton Vance Income Opportunities ETF) and VGMS (Vanguard Multi-Sector Income Bond ETF) are both Multisector Bonds funds. Both are actively managed. Their 0.67 correlation means they have sometimes moved together and sometimes differently. XAGG charges 0.50%/yr vs 0.30%/yr for VGMS.
Performance
XAGG vs. VGMS - Performance Comparison
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Returns By Period
In the year-to-date period, XAGG achieves a 2.19% return, which is significantly higher than VGMS's 1.17% return.
XAGG
- 1D
- -0.20%
- 1M
- -0.34%
- 6M
- 0.48%
- YTD
- 2.19%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
VGMS
- 1D
- 0.01%
- 1M
- -0.55%
- 6M
- 0.55%
- YTD
- 1.17%
- 1Y
- 4.87%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 5.92%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.48M | $2.33M | $2.03M | |
| $9.69M | $13.10M | $11.08M |
XAGG vs. VGMS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
XAGG Eaton Vance Income Opportunities ETF | 2.19% | 1.75% |
VGMS Vanguard Multi-Sector Income Bond ETF | 1.17% | 1.17% |
Correlation
The correlation between XAGG and VGMS is 0.67, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 10, 2025 | 0.67 |
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Return for Risk
XAGG vs. VGMS — Risk / Return Rank
XAGG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
VGMS
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.
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 | VGMS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.30 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.10 | — |
| Martin ratioReturn relative to average drawdown | — | 9.26 | — |
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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.
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Drawdown Indicators
| XAGG | VGMS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.88% | -2.46% | -0.42% |
Max Drawdown (1Y)Largest decline over 1 year | — | -2.46% | — |
Current DrawdownCurrent decline from peak | -0.49% | -0.71% | +0.22% |
Average DrawdownAverage peak-to-trough decline | -0.53% | -0.31% | -0.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.56% | — |
Volatility
XAGG vs. VGMS - Volatility Comparison
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Volatility by Period
| XAGG | VGMS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.74% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 2.70% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.42% | 3.24% | +0.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.42% | 3.17% | +0.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.42% | 3.17% | +0.25% |
XAGG vs. VGMS - Expense Ratio Comparison
XAGG has a 0.50% expense ratio, which is higher than VGMS's 0.30% expense ratio.
Dividends
XAGG vs. VGMS - Dividend Comparison
XAGG's dividend yield for the trailing twelve months is around 5.07%, less than VGMS's 5.40% yield.
| Position | TTM | 2025 |
|---|---|---|
VGMS Vanguard Multi-Sector Income Bond ETF | 4.96% | 2.94% |
XAGG Eaton Vance Income Opportunities ETF | 5.07% | 1.02% |
Frequently Asked Questions
XAGG and VGMS have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VGMS is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VGMS is cheaper with a 0.30% expense ratio, compared with 0.50% for XAGG.
XAGG has the higher dividend yield at 5.07%, compared with 4.96% for VGMS.
They also come from different issuers: Eaton Vance and Vanguard. Their fees differ too: 0.50% for XAGG and 0.30% for VGMS.
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