Data as of Nov 4, 2026.
AGG vs HDG: Differences, Returns & Fees
Over the year to Nov 4, 2026, AGG returned +0.2% to HDG's +7.3%, and AGG charges 0.03% to HDG's 0.95%.
askIQ about this page
askIQ about AGG and HDG
Net assets on Nov 4, 2026: $139.1bn for iShares Core U.S. Aggregate Bond ETF and $22m for ProShares Hedge Replication ETF.
Pair scorecard
AGG costs 0.92 points a year less; their one-year returns differ by 7.1 points; AGG is far larger, $139.1bn against $22m.
| Measure | AGG | HDG |
|---|---|---|
| Return | ||
| Total return, 1 year | +0.2% | +7.3% |
| Total return, 52 weeks | +6.7% | |
| Against its benchmark | ||
| What it tracks | Bloomberg U.S. Aggregate Bond Index | not published |
| Treasury bills, 52 weeks | +3.7% | |
| Against cash | 3.0 points ahead | |
| Cost and size | ||
| Expense ratio | 0.03% | 0.95% |
| Net assets | $139.1bn | $22m |
| Holdings | ||
| Holdings in common | not published | |
| Risk | ||
| Correlation with the S&P 500’s weekly returns | +0.85 | |
| Beta to the S&P 500 | +0.37: about 0.37% for each 1% | |
| Its average week when the S&P 500 fell | fell 0.41% | |
| Down-week capture | 38.0% | |
| Weeks the S&P 500 fell | 26 of 52, by 1.07% on average | |
Side by side
AGG and HDG on the fields both publish, as of Nov 4, 2026. Source: ETFIQ.
AGG
AGG tracks an index of US aggregate bonds. Over the year to Nov 4, 2026 it returned +0.2% with distributions reinvested, against +0.2% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.03% a year.
HDG
HDG is a multi-strategy fund. ETFIQ measures what every alternatives fund is sold on: whether it moves differently from the stock market. Over the year to Nov 4, 2026, its weekly returns had a correlation of +0.85 with the S&P 500’s and a beta of +0.37, so for each 1% the index moved it moved about 0.37% the same way. The S&P 500 fell in 26 of those 52 weeks, by 1.07% on average. In the same weeks HDG fell 0.41% on average, a down-week capture of 38.0%. Over the same 52 weeks HDG returned +6.7% and a Treasury bill fund +3.7%, so it finished 3.0 percentage points ahead of cash.
Questions people ask
- Are AGG and HDG in the same category?
- AGG is a bond ETF and HDG is an alternatives ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
- Which returned more over the last year, AGG or HDG?
- In the year to Nov 4, 2026, with distributions reinvested, AGG returned +0.2% and HDG +7.3%.
- Which is cheaper, AGG or HDG?
- AGG is cheaper, by 0.92 percentage points a year. That is about $92 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
Cite this pageCitation, APA and Markdown
ETFIQ, AGG against HDG, data as of Nov 4, 2026. https://etfiq.com/compare/any/agg-vs-hdg
ETFIQ. (Nov 4, 2026). AGG against HDG. Retrieved from https://etfiq.com/compare/any/agg-vs-hdg
[AGG against HDG (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/any/agg-vs-hdg)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.