Data as of Sep 19, 2026.
AGG vs ORR: how they differ
Over the year ORR returned more, +20.4% to AGG's −0.4%.
iShares Core U.S. Aggregate Bond ETF and Militia Long/Short Equity ETF.
| AGG iShares Core U.S. Aggregate Bond ETF | ORR Militia Long/Short Equity ETF | |
|---|---|---|
| Where it sits | Core fund | Alternatives ETF |
| Issuer | iShares | Militia |
| What it is | Tracks an index of US aggregate bonds | Long-short equity |
| Total return, 1 year | −0.4% | +20.4% |
| S&P 500 over the same days | +16.6% | +16.6% |
| Gap to the S&P 500 | −17.0 pts | +3.8 pts |
| Expense ratio | 0.03% | not published |
| Holdings | 13428 | not filed |
| Net assets | $137.3bn | $367m |
AGG in plain words
AGG tracks an index of US aggregate bonds. Over the year to Sep 18, 2026 it returned −0.4% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. It sat 3.7% below its high of Aug 4, 2020 on Sep 18, 2026.
ORR in plain words
ORR is a long-short equity fund. ETFIQ measures what every alternatives fund is sold on: whether it moves differently from the stock market. Over the year to Sep 18, 2026, its weekly returns had a correlation of +0.35 with the S&P 500’s and a beta of +0.42, so for each 1% the index moved it moved about 0.42% the same way. The S&P 500 fell in 22 of those 52 weeks, by 1.24% on average. In the same weeks ORR fell 0.18% on average, a down-week capture of 14.3%. Over the same 52 weeks ORR returned +21.4% and a Treasury bill fund +3.6%, so it finished 17.7 percentage points ahead of cash.
Questions people ask
- Which returned more over the last year, AGG or ORR?
- In the year to Sep 19, 2026, with distributions reinvested, AGG returned −0.4% and ORR returned +20.4%, so ORR returned more.
- Are AGG and ORR the same kind of fund?
- No. AGG is an index ETF and ORR is an alternatives ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.
Other comparisons
Where to next
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, AGG against ORR, data as of Sep 19, 2026. https://etfiq.com/compare/any/agg-vs-orr Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources