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SPLG vs. AGG

SPDR Portfolio S&P 500 ETF

SPLG
$--
vs

iShares Core U.S. Aggregate Bond ETF

AGG
$--

Correlation

0.29
SPLGSPDR Portfolio S&P 500 ETF
AGGiShares Core U.S. Aggregate Bond ETF

What is SPLG?

The SPDR Portfolio S&P 500 ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P 500 Index (the "Index"). The S&P 500 Index is composed of five hundred (500) selected stocks, all of which are listed on national stock exchanges and spans over approximately 24 separate industry groups.

Snapshot
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SPLG SPDR Portfolio S&P 500 ETF
AGG iShares Core U.S. Aggregate Bond ETF
Inception date
Nov 08 2005
Sep 22 2003
Expense ratio
0.02%
0.03%
SPLG has a lower expense ratio than AGG by 0.00%. This can indicate that it’s cheaper to invest in SPLG than AGG.
Type
US Equities
US Bonds
SPLG targets investing in US Equities, while AGG targets investing in US Bonds.
Fund owner
State Street (SPDR)
Blackrock (iShares)
SPLG is managed by State Street (SPDR), while AGG is managed by Blackrock (iShares).
Volume (1m avg. daily)
$153,285,985
$631,408,505
Both SPLG and AGG 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
$19,439,639,569
$91,680,069,240
SPLG has more assets under management than AGG by $72,240,429,671. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
S&P 500 Index
Bloomberg US Aggregate Bond Index
SPLG is based off of the S&P 500 Index, while AGG is based off of the Bloomberg US Aggregate Bond Index
Inverse/Leveraged
No
No
SPLG and AGG 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
SPLG and AGG 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
SPLG and AGG may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
Neither SPLG nor AGG 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 toSPLG

#DSS

Diversify with Sin Stocks

Category

Grow Your Portfolio, Diversification

Risk Rating

Aggressive

Automated Strategies
Related toAGG

#DPE

Diversify with Private Equity

Category

Getting Started, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic
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.