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 correlation of -0.01, they often move in opposite directions. XLVI charges 0.35%/yr vs 0.23%/yr for AGZD.
Performance
XLVI vs. AGZD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XLVI achieves a 6.29% return, which is significantly higher than AGZD's 2.56% return.
XLVI
- 1D
- 1.77%
- 1M
- 3.84%
- 6M
- 5.18%
- YTD
- 6.29%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AGZD
- 1D
- -0.07%
- 1M
- 0.09%
- 6M
- 1.99%
- YTD
- 2.56%
- 1Y
- 5.47%
- 3Y*
- 5.74%
- 5Y*
- 4.39%
- 10Y*
- 3.21%
XLVI vs. AGZD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
XLVI State Street Health Care Select Sector SPDR Premium Income ETF | 6.29% | 12.41% |
AGZD WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund | 2.56% | 2.42% |
Correlation
The correlation between XLVI and AGZD is -0.01, 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 30, 2025 | -0.01 |
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
XLVI vs. AGZD — Risk / Return Rank
XLVI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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.
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.
| XLVI | AGZD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.40 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 7.50 | — |
| Martin ratioReturn relative to average drawdown | — | 21.69 | — |
Loading charts...
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.
Loading charts...
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 | — | -0.73% | — |
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 | 0.00% | -0.29% | +0.29% |
Average DrawdownAverage peak-to-trough decline | -1.83% | -0.77% | -1.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.25% | — |
Volatility
XLVI vs. AGZD - Volatility Comparison
Loading charts...
Volatility by Period
| XLVI | AGZD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.70% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 1.94% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 11.06% | 2.68% | +8.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.06% | 3.60% | +7.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.06% | 3.69% | +7.37% |
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 11.89%, more than AGZD's 3.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGZD WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund | 3.99% | 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 | 11.89% | 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 -0.01, 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 11.89%, compared with 3.99% 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.
Find the right allocation for XLVI and AGZD
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