XLVI vs. AGZD
XLVI (State Street Health Care Select Sector SPDR Premium Income ETF) and AGZD (WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund) are both exchange-traded funds - XLVI is a Derivative Income fund actively managed by State Street, while AGZD is a Nontraditional Bonds fund tracking the Bloomberg Rate Hedged U.S. Aggregate Bond Index, Zero Duration. XLVI is actively managed, while AGZD is passively managed. At a 0.03 correlation, their price movements are largely independent. XLVI charges 0.35%/yr vs 0.23%/yr for AGZD.
Performance
XLVI vs. AGZD - Performance Comparison
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Returns By Period
In the year-to-date period, XLVI achieves a 1.35% return, which is significantly lower than AGZD's 2.38% return.
XLVI
- 1D
- 2.03%
- 1M
- 4.01%
- YTD
- 1.35%
- 6M
- 3.19%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AGZD
- 1D
- 0.15%
- 1M
- 0.56%
- YTD
- 2.38%
- 6M
- 2.79%
- 1Y
- 5.37%
- 3Y*
- 6.14%
- 5Y*
- 4.35%
- 10Y*
- 3.21%
XLVI vs. AGZD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
XLVI State Street Health Care Select Sector SPDR Premium Income ETF | 1.35% | 12.79% |
AGZD WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund | 2.38% | 2.42% |
Correlation
The correlation between XLVI and AGZD is 0.03, 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 Jul 31, 2025 | 0.03 |
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Return for Risk
XLVI vs. AGZD — Risk / Return Rank
XLVI
AGZD
XLVI vs. AGZD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street Health Care Select Sector SPDR Premium Income ETF (XLVI) and WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD). 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.
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Sharpe Ratios by Period
| XLVI | AGZD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 1.87 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.22 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.87 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.54 | 0.65 | +0.90 |
Drawdowns
XLVI vs. AGZD - Drawdown Comparison
The maximum XLVI drawdown since its inception was -8.14%, roughly equal to the maximum AGZD drawdown of -8.46%. Use the drawdown chart below to compare losses from any high point for XLVI and AGZD.
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Drawdown Indicators
| XLVI | AGZD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.14% | -8.46% | +0.32% |
Max Drawdown (1Y)Largest decline over 1 year | — | -0.87% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -1.71% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -2.23% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -8.46% | — |
Current DrawdownCurrent decline from peak | -2.08% | -0.24% | -1.84% |
Average DrawdownAverage peak-to-trough decline | -1.95% | -0.77% | -1.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.28% | — |
Volatility
XLVI vs. AGZD - Volatility Comparison
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Volatility by Period
| XLVI | AGZD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.01% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 1.97% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 11.12% | 2.89% | +8.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.12% | 3.59% | +7.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.12% | 3.72% | +7.40% |
XLVI vs. AGZD - Expense Ratio Comparison
XLVI has a 0.35% expense ratio, which is higher than AGZD's 0.23% expense ratio.
Dividends
XLVI vs. AGZD - Dividend Comparison
XLVI's dividend yield for the trailing twelve months is around 11.30%, more than AGZD's 3.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGZD WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund | 3.98% | 4.12% | 3.96% | 6.07% | 8.61% | 1.66% | 2.28% | 2.83% | 2.62% | 2.31% | 1.81% | 1.66% |
XLVI State Street Health Care Select Sector SPDR Premium Income ETF | 11.30% | 5.73% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XLVI and AGZD have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AGZD is cheaper at 0.23% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AGZD is cheaper with a 0.23% expense ratio, compared with 0.35% for XLVI.
XLVI has the higher dividend yield at 11.30%, compared with 3.98% for AGZD.
XLVI is categorized as Derivative Income, while AGZD is Nontraditional Bonds. They also come from different issuers: State Street and WisdomTree. Their fees differ too: 0.35% for XLVI and 0.23% for AGZD.
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