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AGG vs. IEMG

iShares Core U.S. Aggregate Bond ETF

AGG
$--
vs

iShares Core MSCI Emerging Markets ETF

IEMG
$--

Correlation

0.29
AGGiShares Core U.S. Aggregate Bond ETF
IEMGiShares Core MSCI Emerging Markets 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
**

AGG iShares Core U.S. Aggregate Bond ETF
IEMG iShares Core MSCI Emerging Markets ETF
Inception date
Sep 22 2003
Oct 18 2012
Expense ratio
0.03%
0.09%
AGG has a lower expense ratio than IEMG by 0.06%. This can indicate that it’s cheaper to invest in AGG than IEMG.
Type
US Bonds
Global Ex. US Equities
AGG targets investing in US Bonds, while IEMG targets investing in Global Ex. US Equities.
Fund owner
Blackrock (iShares)
Blackrock (iShares)
AGG is managed by Blackrock (iShares), while IEMG is managed by Blackrock (iShares).
Volume (1m avg. daily)
$631,408,505
$497,040,322
Both AGG and IEMG 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
$70,028,258,238
AGG has more assets under management than IEMG by $21,651,811,002. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
Bloomberg US Aggregate Bond Index
MSCI Emerging Markets Investable Market Index
AGG is based off of the Bloomberg US Aggregate Bond Index, while IEMG is based off of the MSCI Emerging Markets Investable Market Index
Inverse/Leveraged
No
No
AGG and IEMG 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
Passive
AGG and IEMG both use a Passive investing strategy. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.
Dividend
No
No
AGG and IEMG may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
Neither AGG nor IEMG 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

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Category

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Risk Rating

Moderate

Automated Strategies
Related toIEMG

#PTI

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Category

Momentum, Grow Your Portfolio, Ride the Momentum

Risk Rating

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Disclaimers

*

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.