Are AGG and TOAK in the same category?

AGG is a bond ETF and TOAK 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 TOAK?

In the year to Oct 27, 2026, with distributions reinvested, AGG returned −1.2% and TOAK +3.6%.

Which is cheaper, AGG or TOAK?

AGG is cheaper, by 0.23 percentage points a year. That is about $23 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 27, 2026.

Across categories

AGG vs TOAK: Differences, Returns & Fees

Over the year to Oct 27, 2026, AGG returned −1.2% to TOAK's +3.6%, and AGG charges 0.03% to TOAK's 0.26%.

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Net assets: $139.3bn on Oct 26, 2026 for iShares Core U.S. Aggregate Bond ETF, and $90m on May 31, 2026 for Manager Directed Portfolios Twin Oak Short Horizon Absolute Return ETF.

AGG on its own →TOAK on its own →

At a glance

−1.2%

AGG total return, 1 year

+3.6%

TOAK total return, 1 year

0.03%

AGG expense ratio

0.26%

TOAK expense ratio

Pair scorecard

AGG costs 0.23 points a year less; their one-year returns differ by 4.8 points.

AGG vs TOAK: Differences, Returns & Fees
Measure	AGG	TOAK
Return
Measure	AGG	TOAK
Total return, 1 year	−1.2%	+3.6%
Total return, 52 weeks		+3.6%
Drawdown
Measure	AGG	TOAK
Below its high	3.2%, high on Aug 4, 2020
Against its benchmark
Measure	AGG	TOAK
What it tracks	Bloomberg U.S. Aggregate Bond Index	not published
Treasury bills, 52 weeks		+3.7%
Against cash		0.1 points behind
Cost and size
Measure	AGG	TOAK
Expense ratio	0.03%	0.26%
Net assets, AGG as of Oct 26, 2026 and TOAK as of May 31, 2026	$139.3bn	$90m
Holdings
Measure	AGG	TOAK
Holdings in common	not published
Risk
Measure	AGG	TOAK
Correlation with the S&P 500’s weekly returns		+0.17
Beta to the S&P 500		+0.04: about 0.04% for each 1%
Its average week when the S&P 500 fell		fell 0.02%
Down-week capture		1.9%
Weeks the S&P 500 fell		25 of 52, by 1.10% on average

Method

Side by side

AGG iShares Core U.S. Aggregate Bond ETF TOAK Manager Directed Portfolios Twin Oak Short Horizon Absolute Return ETF

Where it sits Bond ETF Alternatives ETF

Issuer iShares Manager Directed Portfolios

What it is Tracks an index of US aggregate bonds Hedged equity

Total return, 1 year −1.2% +3.6%

Its benchmark over the same days −1.2% (SCHZ) not measured

Gap to its benchmark 0.0 pts vs SCHZ not measured

Expense ratio 0.03% 0.26%

Holdings 13461 not read by ETFIQ

Net assets, AGG as of Oct 26, 2026 and TOAK as of May 31, 2026 $139.3bn $90m

AGG and TOAK on the fields both publish, as of Oct 27, 2026. Source: ETFIQ.

Alert

About each fund

AGG

AGG tracks an index of US aggregate bonds. Over the year to Oct 27, 2026 it returned −1.2% with distributions reinvested, against −1.2% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.03% a year. It sat 3.2% below its high of Aug 4, 2020 on Oct 27, 2026.

TOAK

TOAK is a hedged equity fund. ETFIQ measures what every alternatives fund is sold on: whether it moves differently from the stock market. Over the year to Oct 27, 2026, its weekly returns had a correlation of +0.17 with the S&P 500’s and a beta of +0.04, so for each 1% the index moved it moved about 0.04% the same way. The S&P 500 fell in 25 of those 52 weeks, by 1.10% on average. In the same weeks TOAK fell 0.02% on average, a down-week capture of 1.9%. Over the same 52 weeks TOAK returned +3.6% and a Treasury bill fund +3.7%, so it finished 0.1 percentage points behind cash.

Questions people ask

Are AGG and TOAK in the same category?: AGG is a bond ETF and TOAK 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 TOAK?: In the year to Oct 27, 2026, with distributions reinvested, AGG returned −1.2% and TOAK +3.6%.
Which is cheaper, AGG or TOAK?: AGG is cheaper, by 0.23 percentage points a year. That is about $23 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

AGG vs HELO AGG vs ATTR AGG vs QBER AGG vs KSPY BND vs TOAK TLT vs TOAK GLD vs TOAK QQQ vs TOAK

Where to next

BIL, the T-bill fund these are measured against →SPY, the S&P 500 fund these are measured against →AGG on its own →TOAK on its own →Hold both: look the portfolio through →Rankings →AGG dividend history →AGG holdings →Standards and sources →

Sources and dates

AGG filings on SEC EDGAR ↗

AGG prospectus with the expense ratio (SEC) ↗

iShares page for AGG ↗

TOAK filings on SEC EDGAR ↗

TOAK prospectus with the expense ratio (SEC) ↗

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

Cite this pageCitation, APA and Markdown

ETFIQ, AGG against TOAK, data as of Oct 27, 2026. https://etfiq.com/compare/any/agg-vs-toak

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