Category Review
Municipal bond funds are down for the year after a third-quarter selloff erased the first-half gain
EA Astoria Dynamic Core US Fixed Income ETF
$24.380.00 (+0.01%)
- 0.55%
- $96M
- +0.5%
- 4.32%
- 0M sh
- $24.36
- low $24.12high $25.73
The ETF.net AGGA Grade
C
Score 46 out of 100
- 91 of 117
Score 46 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F14 out of 100Rank 97 of 117Mission
Whether the fund did what it promised, tested against its stated mandate.A92 out of 100Rank 72 of 101Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A71 out of 100Rank 15 of 116Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D36 out of 100Rank 88 of 117Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D27 out of 100Rank 108 of 116Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.F19 out of 100Rank 112 of 117
Our read on AGGA
CAGGA doesn't buy bonds. It buys bond ETFs, with an active manager at Astoria shifting the mix and aiming to beat the plain vanilla aggregate index. A 2025 launch charging 0.55% for that judgment.
The Fund seeks current income. It is actively managed and invests primarily in other U.S. fixed income ETFs to provide core fixed-income exposure while seeking to outperform broad fixed-income benchmarks.
Why people hold it
- One ticker, an outsourced bond desk. The manager moves between US fixed income ETFs instead of tracking a fixed index sleeve, and the mandate reaches beyond the US into emerging market debt.
- Income is the stated job, not a byproduct. The prospectus objective is current income, and the fund pays on a monthly schedule.
- The portfolio matches the label: core US fixed income assembled from other bond ETFs, which is exactly what the filing describes, with no structural red flags on the record.
Worth knowing
- At 0.55%, you pay for the active call on top of whatever the underlying ETFs charge. Index core bond funds like BND, SCHZ and SPAB charge a small fraction of that.
- Launched in April 2025, so there is little history to judge the manager by, and it is not among the heavily traded names in its category. Limit orders matter.
- It sits in the lower half of a crowded core bond peer group, where cheap index giants set the bar.
AGGA Holdings
- Bonds
- 14
- 88%
- ACYN
Geography
- United States100.00%
AGGA Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
AGGA$10,049
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | AGGA |
|---|---|
| Year to date | −0.4% |
| 1 month | −0.7% |
| 3 months | −1.3% |
| 1 year | +0.5% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | AGGA |
|---|---|---|
| 2026 YTD | −0.4% | |
| 2025 | +4.4% |
AGGA in the news
AGGA Dividends
- 4.32%
- $1.05
- $0.10 per share
- Monthly
Distribution history
AGGA Risk
- 2.7%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.59
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −2.2%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.08
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
AGGA Cost
0.55%
AGGA0.55%
- The middle half of US Aggregate Bond funds
- Median 0.34%
93 of the 113 US Aggregate Bond funds charge less.
Other funds in US Aggregate Bond
- CTABDTransamerica Bond Active ETFExpense ratio 0.57%1 year return —
- CJIIIJanus Henderson Income ETFExpense ratio 0.56%1 year return +1.9%
- CHTABHartford Schroders Tax-Aware Bond ETFExpense ratio 0.39%1 year return −3.0%
- CSDCPVirtus Newfleet Short Duration Core Plus Bond ETFExpense ratio 0.35%1 year return +2.2%
- CNBTRNeuberger Berman ETF Trust - Neuberger Total Return Bond ETFExpense ratio 0.94%1 year return −1.3%