Data as of Oct 28, 2026.

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AGG vs GARP: Differences, Returns & Fees

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Over the year to Oct 28, 2026, AGG returned −1.4% to GARP's +18.0%; 0% of their weight is in the same names.

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Net assets on Oct 27, 2026: $139.4bn for iShares Core U.S. Aggregate Bond ETF and $3.6bn for iShares MSCI USA Quality GARP ETF.

At a glance
−1.4%
AGG total return, 1 year
+18.0%
GARP total return, 1 year
0.03%
AGG expense ratio
0.15%
GARP expense ratio

Pair scorecard

AGG costs 0.12 points a year less; their one-year returns differ by 19.4 points; AGG is far larger, $139.4bn against $3.6bn.

AGG vs GARP: Differences, Returns & Fees
MeasureAGGGARP
Return
Total return, 1 year−1.4%+18.0%
Drawdown
Below its high3.4%, high on Aug 4, 20207.0%, high on Oct 6, 2026
Benchmark
What it tracksBloomberg U.S. Aggregate Bond IndexMSCI USA Quality GARP Select Index
Cost and size
Expense ratio0.03%0.15%
Net assets, as of Oct 27, 2026$139.4bn$3.6bn
Holdings
Holdings in common0%
In the S&P 500, by weight94%
Top ten holdings, share of the fund43.5%

Holdings in common uses holdings dated Oct 27, 2026. Method

What they share

0%

By the books each fund has filed, AGG and GARP hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first AGG GARP
Only in one fund ↓
Only in AGG
BLACKROCK CASH CL INST SL AGENCY 3.02%
TREASURY NOTE 0.40%
TREASURY NOTE (OLD) 0.40%
TREASURY NOTE 0.40%
TREASURY NOTE 0.40%
TREASURY NOTE 0.39%
TREASURY NOTE 0.39%
TREASURY NOTE 0.38%
Only in GARP
MICROSOFT 5.67%
APPLE 5.66%
NVIDIA 5.18%
VISA CLASS A 5.13%
META PLATFORMS CLASS A 4.72%
MICRON TECHNOLOGY 4.61%
LAM RESEARCH 3.31%
CATERPILLAR INC 3.29%
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Side by side

AGG iShares Core U.S. Aggregate Bond ETF GARP iShares MSCI USA Quality GARP ETF
Where it sits Bond ETF Stock ETF
What it is Tracks an index of US aggregate bonds Tracks the MSCI USA Quality GARP
Total return, 1 year −1.4% +18.0%
Its benchmark over the same days −1.3% (SCHZ) +13.3% (PBUS)
Gap to its benchmark −0.1 pts vs SCHZ +4.7 pts vs PBUS
Expense ratio 0.03% 0.15%
Holdings 13469 131
Net assets, as of Oct 27, 2026 $139.4bn $3.6bn

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

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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.

GARP

GARP tracks the MSCI USA Quality GARP. Over the year to Oct 28, 2026 it returned +18.0% with distributions reinvested, against +13.3% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 131 positions, with the top ten at 43.5%. It sat 7.0% below its high of Oct 6, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, AGG or GARP?
In the year to Oct 28, 2026, with distributions reinvested, AGG returned −1.4% and GARP +18.0%.
Which is cheaper, AGG or GARP?
AGG is cheaper, by 0.12 percentage points a year. That is about $12 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, AGG against GARP, data as of Oct 28, 2026. https://etfiq.com/compare/any/agg-vs-garp

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