iShares Agency Bond ETF

10-Year Study

AGZ.US · · US · ETF

Executive Summary: iShares Agency Bond ETF has compounded at 1.8% annually over the last 10 years, with a maximum drawdown of 10.5% and an annualized volatility of 5.6%.

1Y CAGR
+3.9%
3Y CAGR
+4.1%
5Y CAGR
+1.1%
10Y CAGR
+1.8%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
10.5%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
-0.90
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
-1.31
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
2.9%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2025 · +6.0%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -7.8%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
70%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20260.10.6-1.20.4————————-0.1%
20250.61.20.30.8-0.40.9-0.11.00.60.60.50.16.0%
20240.1-0.40.5-1.10.90.61.80.90.8-1.30.8-0.63.1%
20231.7-1.21.70.5-0.4-0.50.20.4-0.9-0.11.91.85.2%
2022-1.1-0.5-2.4-1.70.6-0.81.2-1.7-2.4-0.71.7-0.4-7.8%
2021-0.1-0.8-0.60.40.30.10.80.0-0.6-0.40.2-0.6-1.3%
20201.61.61.40.30.50.10.6-0.3-0.1-0.20.2-0.05.8%
20190.3-0.11.5-0.01.50.60.02.1-0.40.10.0-0.25.5%
2018-1.0-0.30.7-0.70.50.2-0.30.6-0.40.00.51.61.3%
20170.30.30.10.60.5-0.10.30.6-0.50.0-0.20.22.0%
2016———0.10.01.10.2-0.10.0-0.4-1.80.2-0.7%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 5.6%. The dominant macroeconomic risk driver is SHV.US, accounting for 68.5% of variance. Idiosyncratic stock-specific factors contribute 2.7%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110005.944356460699
2016-05-0110006.315197047237
2016-06-0110120.043279277865
2016-07-0110136.960154269686
2016-08-0110122.584628003264
2016-09-0110126.980179661357
2016-10-0110090.812315397738
2016-11-019912.787019706906
2016-12-019928.874956917049
2017-01-019954.441143236087
2017-02-019979.341997914567
2017-03-019990.532657967182
2017-04-0110047.522130457355
2017-05-0110098.654503095428
2017-06-0110085.609640110119
2017-07-0110115.615006391547
2017-08-0110175.418504508987
2017-09-0110122.311951101397
2017-10-0110126.489361237996
2017-11-0110110.804985842617
2017-12-0110128.932546278724
2018-01-0110031.226958801792
2018-02-019998.920199468606
2018-03-0110064.711682351042
2018-04-019990.194538608868
2018-05-0110044.020959037385
2018-06-0110059.345400922302
2018-07-0110031.106980964973
2018-08-0110088.609086030654
2018-09-0110050.292527780322
2018-10-0110053.052018027216
2018-11-0110104.697023240798
2018-12-0110262.773276791051
2019-01-0110296.639748002914
2019-02-0110281.71886793276
2019-03-0110438.813484636294
2019-04-0110437.700962876677
2019-05-0110592.417836995928
2019-06-0110658.558346312755
2019-07-0110663.346552709536
2019-08-0110886.472607969146
2019-09-0110840.979193661682
2019-10-0110850.784655052812
2019-11-0110855.387441156325
2019-12-0110828.436056175806
2020-01-0111005.501529172067
2020-02-0111178.509569868549
2020-03-0111331.186820761839
2020-04-0111360.570483707008
2020-05-0111418.65066380465
2020-06-0111425.391236818798
2020-07-0111495.065638783817
2020-08-0111463.467839395487
2020-09-0111455.898328599664
2020-10-0111431.302872051272
2020-11-0111455.254811111256
2020-12-0111453.69509923258
2021-01-0111446.998154522727
2021-02-0111360.799532304578
2021-03-0111293.41561631524
2021-04-0111333.771797791534
2021-05-0111364.976942441179
2021-06-0111374.738775528012
2021-07-0111468.33239532479
2021-08-0111469.008634041422
2021-09-0111402.80268226815
2021-10-0111359.294355806273
2021-11-0111377.334659633785
2021-12-0111304.715347128604
2022-01-0111175.433774415491
2022-02-0111114.539568690585
2022-03-0110850.784655052812
2022-04-0110669.705378061071
2022-05-0110738.812612070207
2022-06-0110655.831577294086
2022-07-0110787.91626855839
2022-08-0110605.15730185115
2022-09-0110355.843356936248
2022-10-0110285.77630023254
2022-11-0110464.063365749163
2022-12-0110426.488488671912
2023-01-0110607.720464728696
2023-02-0110476.344733409247
2023-03-0110653.268414416536
2023-04-0110711.664899720343
2023-05-0110663.608322535327
2023-06-0110612.170551767163
2023-07-0110628.694772020295
2023-08-0110671.275997015824
2023-09-0110579.056668804455
2023-10-0110568.116871501556
2023-11-0110773.857047498135
2023-12-0110966.476010976881
2024-01-0110982.400342045907
2024-02-0110938.412104236746
2024-03-0110989.075472603607
2024-04-0110870.94093163881
2024-05-0110971.569615503755
2024-06-0111040.404172611023
2024-07-0111240.003664777563
2024-08-0111336.760336635996
2024-09-0111423.438870201433
2024-10-0111280.599801927498
2024-11-0111369.961476207303
2024-12-0111304.148179172722
2025-01-0111368.009109589939
2025-02-0111499.657517811256
2025-03-0111530.186423744268
2025-04-0111618.293784275485
2025-05-0111569.975437264678
2025-06-0111670.593214053551
2025-07-0111658.235496860943
2025-08-0111778.758687486094
2025-09-0111853.395809065089
2025-10-0111919.067314110704
2025-11-0111977.071144675821
2025-12-0111987.749172152926
2026-01-0111997.532819391907
2026-02-0112067.698039780287
2026-03-0111928.850961349684
2026-04-0111981.008599138777
Annual Return Matrix
YearAnnual Return
20170.020149069278216913
20180.013213705383150032
20190.055117926132498996
20200.05774232214264852
2021-0.013007134449908309
2022-0.07768677330559781
20230.051789969642382694
20240.0307913105228923
20250.06047346355912997
2026-0.0005622884594388422
Total Factor Risk
0.05613605304439381
VTI.US Exposure
-0.005543497827645797
VEA.US Exposure
0.010888310153639356
VWO.US Exposure
-0.0026900945851962028
QQQ.US Exposure
-0.0037097767225360303
VTV.US Exposure
-0.0012692890675371007
IJR.US Exposure
-0.00007594646804873091
QUAL.US Exposure
-0.0040234756729955875
SHV.US Exposure
0.6848785546115934
TLT.US Exposure
-0.03325956865585876
LQD.US Exposure
0.2166201293276843
HYG.US Exposure
-0.003409119434984852
GLD.US Exposure
0.0058740317403593485
USO.US Exposure
0.007009518490965018
VNQ.US Exposure
-0.003385279297380454
BTC-USD.CC Exposure
0.00245963776595935
CPER.US Exposure
-0.004069374485046905
VIX.INDX Exposure
-0.0015563939354963174
UUP.US Exposure
-0.0014244960819940566
TIP.US Exposure
0.11012808022052739
Idiosyncratic Exposure
0.026558049923992345
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
5.6%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$0
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$72
Avg Yield on Cost
0.72%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$72.130.72%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-0.1%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+0.7%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
0.9% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
0.46
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is iShares Agency Bond ETF a high-risk investment?

iShares Agency Bond ETF (AGZ.US) has an annualized volatility of 5.6% and experienced a maximum drawdown of 10.5% over the last 10 years. Its primary macro risk driver is SHV.US.

What is the 10-year return of AGZ.US?

Over the past 10 years, AGZ.US has generated a Compound Annual Growth Rate (CAGR) of 1.8%. It has had a positive return in 70% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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