BND vs. AGG: Comparing Bond ETFs

**IShares Core U.S. Aggregate Bond ETF (AGG)** is a passive, low-cost bond ETF that tracks the Bloomberg U.S. Aggregate Bond Index. Here's a detailed analysis of its performance, holdings, and key metrics: 1. **Recent Performance**: - The 1-week percentage change is 0.63%, with a 1-month change of 1.04% and a 3-month change of 1.83%. - However, the 1-year percentage change is -1.2%, and the 3-year change is -2.29%. 2. **Fund Details**: - AGG is issued by BlackRock Fund Advisors and has an expense ratio of 0.03%. - It has a passive management style and a leverage ratio of 1, indicating it does not use derivatives for leverage. - The ETF distributes dividends monthly. BND, AGG Issuer, Expense Ratio, Benchmark, Management Style, Leverage Ratio,Dividend Frequency |code|etf code|etf name|Last Price|Last Change|Issuer|Expense Ratio|Benchmark|Management Style|Leverage Ratio|Dividend Frequency|market_code| |---|---|---|---|---|---|---|---|---|---|---|---| |AGG|AGG.P|iShares Core U.S. Aggregate Bond ETF|99.47|0.10063400000000002|BlackRock Fund Advisors|0.03|Bloomberg US Aggregate Bond Index|Passive|1|Monthly|169| 3. **Asset Size and Liquidity**: - AGG has an assets under management (AUM) of $130.6 billion as of the latest data available. - It has 1.31 billion shares outstanding and an average daily trading volume of 8.31 million shares. |code|Ticker|Name|Date|Outstanding Share|Trading Volume|market_code| |---|---|---|---|---|---|---| |BNED|BNED.N|Barnes & Noble Education|20240828||165871|169| |AGM|AGM.N|Federal Agricultural Mortgage C|20240828||35161|169| |BNED|BNED.N|Barnes & Noble Education|20240828-20250828|3.4053847E7||169| |AGM|AGM.N|Federal Agricultural Mortgage C|20240828-20250828|1.0933162E7||169| |BNED|BNED.N|Barnes & Noble Education|20240829||134158|169| |AGM|AGM.N|Federal Agricultural Mortgage C|20240829||40644|169| |BNED|BNED.N|Barnes & Noble Education|20240830||120050|169| |AGM|AGM.N|Federal Agricultural Mortgage C|20240830||19310|169| |BNED|BNED.N|Barnes & Noble Education|20240903||387588|169| |AGM|AGM.N|Federal Agricultural Mortgage C|20240903||41226|169| 4. **Top Holdings**: The ETF's top holdings are primarily U.S. Treasury securities, with weights ranging from 5.35% to 8.09%. BND Top 10 Holdings and Holding Name |code|etf code|etf name|Last Price|Last Change|Holding Name|Holding Code|Holding Weight|market_code| |---|---|---|---|---|---|---|---|---| |VBND|VBND.P|Vident U.S. Bond Strategy ETF|43.75|0.057176000000000005|U.S. Bank Money Market Deposit Account 06/01/2031||8.09|169| |SBND|SBND.P|Columbia Short Duration Bond ETF|18.91|0.063499|TREASURY BILL||7.1|169| |VBND|VBND.P|Vident U.S. Bond Strategy ETF|43.75|0.057176000000000005|United States Treasury Note/Bond 6.125% 11/15/2027||6.35|169| |DBND|DBND.P|DoubleLine Opportunistic Core Bond ETF|46.295|0.032411|United States Treasury Notes 0.625% 15-AUG-2030||6|169| |GBND|GBND.P|Goldman Sachs Core Bond ETF|50.558|0.105138|United States Treasury Notes 1.25% 15-AUG-2031||5.7|169| |GBND|GBND.P|Goldman Sachs Core Bond ETF|50.558|0.105138|United States Treasury Notes 4.25% 15-NOV-2034||5.67|169| |GBND|GBND.P|Goldman Sachs Core Bond ETF|50.558|0.105138|United States Treasury Notes 1.0% 31-JUL-2028||5.65|169| |GBND|GBND.P|Goldman Sachs Core Bond ETF|50.558|0.105138|United States Treasury Notes 1.25% 30-APR-2028||5.65|169| |GBND|GBND.P|Goldman Sachs Core Bond ETF|50.558|0.105138|Goldman Sachs Trust Financial Square Government Fund Institutional||5.35|169| |DBND|DBND.P|DoubleLine Opportunistic Core Bond ETF|46.295|0.032411|United States Treasury Notes 0.875% 15-NOV-2030||5.1499999999999995|169| |code|Ticker|Name|market_code| |---|---|---|---| |AGG|AGG.P|iShares Core U.S. Aggregate Bond ETF|169| 5. **Net Fund Flow**: AGG has seen positive net fund flows over the past year, with $14.28 billion in net inflows over the 1-year period. 6. **Technical Indicators**: The ETF's 5-day and 10-day moving averages are close to each other, indicating a short-term consolidation phase. - The MACD is positive, suggesting a slight bullish momentum. - The support and resistance levels are very close, indicating a narrow trading range. |code|Ticker|Name|Date|Boll|Moving Average|Boll(Upper Value)|Boll(Lower Value)|Support Level|MACD|Resistance Level|market_code| |---|---|---|---|---|---|---|---|---|---|---|---| |BNED|BNED.N|Barnes & Noble Education|20250827|8.5395|8.6120|8.9085|8.1705|8.3265|0.2374|8.9400|169| |AGM|AGM.N|Federal Agricultural Mortgage C|20250827|186.7010|203.5020|212.3869|161.0151|168.3100|5.7204|202.3650|169| 7. **Risk Metrics**: AGG experienced a maximum drawdown of 5.13% over the past year, with a recovery period of 81 days. |code|Ticker|Name|Date|Percentage Change|Days Listed|market_code| |---|---|---|---|---|---|---| |AGM|AGM.N|Federal Agricultural Mortgage C|20240827|0.565|11074|169| |AGM|AGM.N|Federal Agricultural Mortgage C|20240828|-0.0103|11075|169| |AGM|AGM.N|Federal Agricultural Mortgage C|20240829|0.7577|11076|169| |AGM|AGM.N|Federal Agricultural Mortgage C|20240830|1.0232|11077|169| |AGM|AGM.N|Federal Agricultural Mortgage C|20240831||11078|169| |AGM|AGM.N|Federal Agricultural Mortgage C|20240901||11079|169| |AGM|AGM.N|Federal Agricultural Mortgage C|20240902||11080|169| |AGM|AGM.N|Federal Agricultural Mortgage C|20240903|-3.2815|11081|169| |AGM|AGM.N|Federal Agricultural Mortgage C|20240904|-1.2409|11082|169| |AGM|AGM.N|Federal Agricultural Mortgage C|20240905|-0.3287|11083|169| In conclusion, AGG is a solid choice for investors seeking exposure to the U.S. aggregate bond market. Its low expense ratio, strong liquidity, and positive net fund flows are attractive features. However, the recent decline in bond prices over the past year may be a concern for some investors. The ETF's performance is likely to be influenced by broader market conditions and the Federal Reserve's monetary policy.