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AGG vs. ARKK

iShares Core U.S. Aggregate Bond ETF

AGG
$--
vs

ARK Innovation ETF

ARKK
$--

Correlation

0.34
AGGiShares Core U.S. Aggregate Bond ETF
ARKKARK Innovation ETF

What is AGG?

The iShares Core U.S. Aggregate Bond ETF seeks investment results that correspond generally to the price and yield performance before fees and expenses of the total United States investment grade bond market as defined by the Bloomberg U.S. Aggregate Bond Index.

Snapshot
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AGG iShares Core U.S. Aggregate Bond ETF
ARKK ARK Innovation ETF
Inception date
Sep 22 2003
Oct 31 2014
Expense ratio
0.03%
0.75%
AGG has a lower expense ratio than ARKK by 0.72%. This can indicate that it’s cheaper to invest in AGG than ARKK.
Type
US Bonds
Global Equities
AGG targets investing in US Bonds, while ARKK targets investing in Global Equities.
Fund owner
Blackrock (iShares)
ARK Funds
AGG is managed by Blackrock (iShares), while ARKK is managed by ARK Funds.
Volume (1m avg. daily)
$631,408,505
$529,712,420
Both AGG and ARKK are considered high-volume assets. They’re less likely to be affected by issues like slippage and failed orders on Composer than low-volume assets.
AUM
$91,680,069,240
$6,719,241,511
AGG has more assets under management than ARKK by $84,960,827,729. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
Bloomberg US Aggregate Bond Index
None
AGG is based off of the Bloomberg US Aggregate Bond Index, while ARKK is based off of the undefined
Inverse/Leveraged
No
No
AGG and ARKK use the same leverage ratio. Inverse and leveraged ETFs can be used to either take an opposite position or amplify returns of a given index.
Passive/Active
Passive
Active
AGG uses a Passive investing strategy, while ARKK uses a Active investing strategy.
Dividend
No
No
AGG and ARKK may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
Neither AGG nor ARKK require a K1.
When ETFs are uncorrelated, it’s common for them to be used as complements in a trading strategy. This means it makes sense to be holding both of them at the same time, or to use one as a hedge for the other.

Automated Strategies
Related toAGG

#DPE

Diversify with Private Equity

Category

Getting Started, Go Global, Diversification

Risk Rating

Moderate

Automated Strategies
Related toARKK

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trading strategy

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.