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

In the year to Oct 28, 2026, with distributions reinvested, AGG returned −1.4% and MTUM +18.4%.

Which is cheaper, AGG or MTUM?

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.

Data as of Oct 28, 2026.

Across categories

AGG vs MTUM: Differences, Returns & Fees

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Over the year to Oct 28, 2026, AGG returned −1.4% to MTUM's +18.4%; 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 $18.7bn for iShares MSCI USA Momentum Factor ETF.

AGG on its own →MTUM on its own →

At a glance

−1.4%

AGG total return, 1 year

+18.4%

MTUM total return, 1 year

0.03%

AGG expense ratio

0.15%

MTUM expense ratio

Pair scorecard

AGG costs 0.12 points a year less; their one-year returns differ by 19.8 points; AGG is 7.5 times larger.

AGG vs MTUM: Differences, Returns & Fees
Measure	AGG	MTUM
Return
Measure	AGG	MTUM
Total return, 1 year	−1.4%	+18.4%
Drawdown
Measure	AGG	MTUM
Below its high	3.4%, high on Aug 4, 2020	11.9%, high on Jun 22, 2026
Benchmark
Measure	AGG	MTUM
What it tracks	Bloomberg U.S. Aggregate Bond Index	MSCI USA Momentum SR Variant Index
Cost and size
Measure	AGG	MTUM
Expense ratio	0.03%	0.15%
Net assets, as of Oct 27, 2026	$139.4bn	$18.7bn
Holdings
Measure	AGG	MTUM
Holdings in common	0%
In the S&P 500, by weight		93%
Top ten holdings, share of the fund		35.5%

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

Risk and return

Apr 26, 2013 to Oct 23, 2026 · 704 weekly returns

AGG MTUM

Return

Total return edge MTUM +24.2% +554.7%

Annualized edge MTUM +1.6% +14.9%

Price return edge MTUM −13.9% +459.1%

Risk

Volatility edge AGG 4.8% 19.0%

Max drawdown edge AGG −18.2% −31.9%

Downside capture 97.5% 101.7%

Beta 0.94 1.02

Risk-adjusted

Sharpe edge MTUM −0.04 0.73

Sortino edge MTUM −0.05 1.07

Treynor 0.004 0.135

Calmar edge MTUM 0.09 0.47

Against the benchmark

Alpha +0.1% a year +1.3% a year

Alpha t-stat 0.23 0.53

Information ratio 0.04 0.17

Tracking error 1.1% 9.3%

Each against its own benchmark: AGG against SCHZ, Jul 22, 2011 to Oct 23, 2026; MTUM against MLRG, Apr 26, 2013 to Oct 23, 2026.

Reading

MTUM returned more: +554.7% to +24.2%. AGG swung less: 4.8% to 19.0%. AGG fell less at its worst: −18.2% to −31.9%.

Full scorecard

19 measures, with how each is measured Open ↓

Risk and return: AGG vs MTUM: Differences, Returns & Fees
Measure	AGG	MTUM	Edge	How it is measured
Return
Total return	+24.2%	+554.7%	MTUM	Price change plus distributions, reinvested.
Annualized	+1.6%	+14.9%	MTUM	Total return as a yearly rate.
Price return	−13.9%	+459.1%	MTUM	Price change alone, distributions left out.
Risk
Volatility	4.8%	19.0%	AGG	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	3.5%	13.0%	AGG	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−18.2%	−31.9%	AGG	Deepest fall from a high to the low after it.
Upside capture	97.5%	106.2%		Share of its benchmark's rise caught in the weeks it rose.
Downside capture	97.5%	101.7%		Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta	0.94	1.02	Not an edge	How far it moves for each 1% its benchmark moves.
R squared	0.95	0.76	Not an edge	Share of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe	−0.04	0.73	MTUM	Return above Treasury bills per unit of volatility.
Sortino	−0.05	1.07	MTUM	Return above Treasury bills per unit of downside deviation.
Treynor	0.004	0.135		Return above Treasury bills per unit of beta.
Calmar	0.09	0.47	MTUM	Annualized return divided by the max drawdown.
Against the benchmark
Benchmark	SCHZ	MLRG		The ETF each fund is measured against.
Alpha	+0.1% a year	+1.3% a year	Not significant	Yearly return beyond what its beta to the benchmark predicts.
Alpha t-stat	0.23	0.53	Not an edge	How sure the alpha is. Below 2, it could be chance.
Alpha range	−0.4% to +0.6%	−3.7% to +6.3%	Includes zero	The 95% range for the yearly alpha.
Information ratio	0.04	0.17		Return against its benchmark per unit of tracking error.
Tracking error	1.1%	9.3%	Not an edge	How far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 704 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

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

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first AGG MTUM

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 0.39%

TREASURY NOTE 0.38%

Only in MTUM

ADVANCED MICRO DEVICES 6.06%

MICRON TECHNOLOGY 5.00%

INTEL CORPORATION 3.92%

CISCO SYSTEMS INC 3.64%

JOHNSON & JOHNSON 3.45%

EXXONMOBIL HOLDINGS CORP 2.96%

PALO ALTO NETWORKS 2.88%

ALPHABET CLASS A 2.62%

Check overlap with more funds →

Side by side

AGG iShares Core U.S. Aggregate Bond ETF MTUM iShares MSCI USA Momentum Factor ETF

Where it sits Bond ETF Stock ETF

Issuer iShares iShares

What it is Tracks an index of US aggregate bonds Tracks the MSCI USA Momentum Factor

Total return, 1 year −1.4% +18.4%

Its benchmark over the same days −1.3% (SCHZ) +13.6% (MLRG)

Gap to its benchmark −0.1 pts vs SCHZ +4.8 pts vs MLRG

Expense ratio 0.03% 0.15%

Holdings 13469 126

Net assets, as of Oct 27, 2026 $139.4bn $18.7bn

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

Client brief · page 1 of 2 Report BR-DC3649C15A

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

What each follows. AGG follows Bloomberg U.S. Aggregate Bond Index and MTUM follows MSCI USA Momentum SR Variant Index.
Holdings in common. 0% of the weight is in the same securities (holdings dated Oct 27, 2026).
One-year total return. Over 1 year to Oct 28, 2026 AGG returned −1.4% and MTUM +18.4% with distributions reinvested, a gap of 19.8 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.

MTUM

MTUM tracks the MSCI USA Momentum Factor. Over the year to Oct 28, 2026 it returned +18.4% with distributions reinvested, against +13.6% 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, 93% of the fund by weight is stocks the S&P 500 also holds, across 126 positions, with the top ten at 35.5%. It sat 11.9% below its high of Jun 22, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, AGG or MTUM?: In the year to Oct 28, 2026, with distributions reinvested, AGG returned −1.4% and MTUM +18.4%.
Which is cheaper, AGG or MTUM?: 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.

Other comparisons

AGG vs SPHQ AGG vs DFUS AGG vs SPMO AGG vs USMV BND vs MTUM MTUM vs SGOV BNDX vs MTUM MTUM vs VCIT

Where to next

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

Sources and dates

AGG and MTUM filings on SEC EDGAR ↗

AGG prospectus with the expense ratio (SEC) ↗

iShares page for AGG ↗

MTUM prospectus with the expense ratio (SEC) ↗

iShares page for MTUM ↗

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 MTUM, data as of Oct 28, 2026. https://etfiq.com/compare/any/agg-vs-mtum

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