Which returned more over the last year, AGG or FBND?

In the year to Oct 28, 2026, with distributions reinvested, AGG returned −1.4% and FBND −1.5%.

Which is cheaper, AGG or FBND?

AGG is cheaper, by 0.33 percentage points a year. That is about $33 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

AGG vs FBND: Differences, Returns & Fees

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On Aug 31, 2026 AGG's duration was 5.8 years and FBND's 5.6; AGG charges 0.03% to FBND's 0.36%.

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Net assets: $139.4bn on Oct 27, 2026 for iShares Core U.S. Aggregate Bond ETF, and $27.9bn on Sep 30, 2026 for Fidelity Total Bond ETF.

AGG on its own →FBND on its own →

At a glance

−1.4%

AGG total return, 1 year

−1.5%

FBND total return, 1 year

0.03%

AGG expense ratio

0.36%

FBND expense ratio

Pair scorecard

AGG costs 0.33 points a year less; their one-year returns differ by 0.1 points; AGG is 4.9 times larger.

AGG vs FBND: Differences, Returns & Fees
Measure	AGG	FBND
Return
Measure	AGG	FBND
Total return, 1 year	−1.4%	−1.5%
Drawdown
Measure	AGG	FBND
Below its high	3.4%, high on Aug 4, 2020
Benchmark
Measure	AGG	FBND
What it tracks	Bloomberg U.S. Aggregate Bond Index	No index, actively managed
Cost and size
Measure	AGG	FBND
Expense ratio	0.03%	0.36%
Net assets, as of Sep 30, 2026	$135.7bn	$27.9bn
Holdings
Measure	AGG	FBND
Holdings in common	16%

Holdings in common uses holdings dated Aug 31, 2026. Method

Risk and return

Oct 17, 2014 to Oct 23, 2026 · 627 weekly returns

AGG FBND

Return

Total return edge FBND +21.2% +31.8%

Annualized edge FBND +1.6% +2.3%

Price return edge FBND (slight) −13.2% −12.7%

Risk

Volatility edge AGG 5.0% 5.7%

Max drawdown edge FBND (slight) −18.2% −16.8%

Risk-adjusted

Sharpe edge FBND −0.08 0.06

Sortino edge FBND −0.11 0.08

Calmar edge FBND 0.09 0.14

Reading

FBND returned more: +31.8% to +21.2%. AGG swung less: 5.0% to 5.7%. FBND fell slightly less at its worst: −16.8% to −18.2%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: AGG vs FBND: Differences, Returns & Fees
Measure	AGG	FBND	Edge	How it is measured
Return
Total return	+21.2%	+31.8%	FBND	Price change plus distributions, reinvested.
Annualized	+1.6%	+2.3%	FBND	Total return as a yearly rate.
Price return	−13.2%	−12.7%	FBND (slight)	Price change alone, distributions left out.
Risk
Volatility	5.0%	5.7%	AGG	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	3.6%	4.1%	AGG	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−18.2%	−16.8%	FBND (slight)	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	−0.08	0.06	FBND	Return above Treasury bills per unit of volatility.
Sortino	−0.11	0.08	FBND	Return above Treasury bills per unit of downside deviation.
Calmar	0.09	0.14	FBND	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 627 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

16%

By the books each fund has filed, AGG and FBND hold 16% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026.

50%

0 half 100%

half

16% in common

Positions both hold · largest shared weight first AGG FBND

U.S. Treasury Notes, due Feb 15, 2035 0.41% 0.79%

U.S. Treasury Notes, due Nov 15, 2034 0.40% 0.92%

U.S. Treasury Notes, due May 15, 2034 0.40% 0.42%

U.S. Treasury Notes, due Aug 15, 2034 0.39% 0.54%

U.S. Treasury Notes, due Feb 15, 2036 0.39% 2.04%

U.S. Treasury Notes, due May 15, 2035 0.39% 1.04%

U.S. Treasury Notes, due Nov 15, 2033 0.38% 0.44%

U.S. Treasury Notes, due Aug 15, 2035 0.38% 1.97%

U.S. Treasury Notes, due Nov 15, 2035 0.37% 0.87%

U.S. Treasury Notes, due May 15, 2036 0.37% 2.73%

U.S. Treasury Notes, due Aug 15, 2033 0.34% 0.32%

U.S. Treasury Notes, due May 15, 2033 0.31% 0.53%

Only in one fund ↓

Only in AGG

U.S. Treasury Notes, due Jul 15, 2028 0.38%

U.S. Treasury Notes, due Jun 15, 2028 0.36%

U.S. Treasury Notes, due Aug 15, 2028 0.33%

U.S. Treasury Notes, due Aug 31, 2030 0.32%

U.S. Treasury Notes, due May 31, 2031 0.31%

U.S. Treasury Notes, due Apr 30, 2031 0.31%

U.S. Treasury Notes, due Nov 15, 2031 0.31%

U.S. Treasury Notes, due Jan 31, 2028 0.30%

Only in FBND

UMBS 30YR 2% 10/01/2056 #TBA, due Oct 1, 2056 1.25%

GNII II 5.5% 10/01/2056 #TBA, due Oct 1, 2056 0.97%

GNII II 5% 10/01/2056 #TBA, due Oct 1, 2056 0.30%

GNMA II 5% 07/20/2056#MB1284, due Jul 20, 2056 0.29%

GOLDMAN SACHS GROUP INC (THE) 3.691%/VAR 06/05/2028, due Jun 5, 2028 0.28%

WELLS FARGO and CO NEW 3.526%/VAR 03/24/2028, due Mar 24, 2028 0.27%

PETROLEOS MEXICANOS 5.95% 01/28/2031, due Jan 28, 2031 0.26%

CITIGROUP INC 4.658%/VAR 05/24/2028, due May 24, 2028 0.25%

Check overlap with more funds →

Side by side

AGG iShares Core U.S. Aggregate Bond ETF FBND Fidelity Total Bond ETF

Where it sits Bond ETF Bond ETF

Issuer iShares Fidelity

What it is Tracks an index of US aggregate bonds Actively managed

Total return, 1 year −1.4% −1.5%

Its benchmark over the same days −1.3% (SCHZ) not measured

Gap to its benchmark −0.1 pts vs SCHZ not measured

Expense ratio 0.03% 0.36%

Holdings 13469 4696

Net assets, AGG as of Oct 27, 2026 and FBND as of Sep 30, 2026 $139.4bn $27.9bn

AGG and FBND on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-1879288A0F

AGG and FBND do different jobs. What does each one do in a portfolio?

What each follows. AGG follows Bloomberg U.S. Aggregate Bond Index and FBND follows No index, actively managed.
Holdings in common. 16% of the weight is in the same securities (holdings dated Aug 31, 2026).
Cost. AGG charges 0.03% of assets a year and FBND 0.36%, a gap of 0.33 points.

Data as of Oct 28, 2026.

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About each fund

AGG

AGG tracks an index of US aggregate bonds. Over the year to Oct 28, 2026 it returned −1.4% with distributions reinvested, against −1.3% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.03% a year. It sat 3.4% below its high of Aug 4, 2020 on Oct 28, 2026.

FBND

FBND is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned −1.5% with distributions reinvested. The prospectus expense ratio is 0.36% a year.

Questions people ask

Which returned more over the last year, AGG or FBND?: In the year to Oct 28, 2026, with distributions reinvested, AGG returned −1.4% and FBND −1.5%.
Which is cheaper, AGG or FBND?: AGG is cheaper, by 0.33 percentage points a year. That is about $33 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

AGG vs BOND AGG vs IUSB AGG vs SHY AGG vs USHY BND vs FBND CORB vs FBND FBND vs SGOV FBND vs IUSB

Where to next

AGG on its own →FBND on its own →Hold both: look the portfolio through →Rankings →AGG dividend history →AGG holdings →FBND dividend history →FBND holdings →Standards and sources →

Sources and dates

AGG filings on SEC EDGAR ↗

AGG prospectus with the expense ratio (SEC) ↗

iShares page for AGG ↗

FBND filings on SEC EDGAR ↗

FBND prospectus with the expense ratio (SEC) ↗

Fidelity website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, AGG against FBND, data as of Oct 28, 2026. https://etfiq.com/compare/any/agg-vs-fbnd

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.