Category Review
Municipal bond funds are down for the year after a third-quarter selloff erased the first-half gain
iShares 1-10 Year U.S. Aggregate Bond ETF
$99.64+0.05 (+0.05%)
- 0.03%
- $129M
- −2.1%
- 3.95%
- 0M sh
- $99.59
- low $98.95high $106.43
The ETF.net AGGM Grade
A
Score 78 out of 100
- 11 of 117
Score 78 of 100 falls in the A 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.A95 out of 100Rank 3 of 117Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 101Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C49 out of 100Rank 67 of 116Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B57 out of 100Rank 42 of 117Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B62 out of 100Rank 55 of 116Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B62 out of 100Rank 49 of 117
Our read on AGGM
AGovernment and credit, nothing else: GBF holds Treasuries and investment-grade corporate bonds across the maturity spectrum, tracking a Bloomberg index since 2007 for 0.20% a year.
The fund seeks to track an index of U.S. dollar-denominated government and investment-grade corporate bonds, providing diversified fixed-income exposure across sectors and maturities.
Why people hold it
- A 0.20% fee, below the typical core bond ETF in its category.
- Tracks the Bloomberg U.S. Government/Credit Bond Index tightly, one of the cleanest index implementations in a crowded core-bond field.
- Pays monthly, so income arrives on a steady cadence rather than quarterly.
- Live since 2007 under the iShares roof, with a full market cycle of history behind the mandate.
Worth knowing
- It trades lightly next to the category's giants. Limit orders matter more here than with the household-name bond funds.
- Broad total-bond rivals undercut it on fee: BND, SPAB and SCHZ each run 0.03%, though their indexes also include securitized debt.
- Rate risk is the main lever. The index spans sectors and maturities, so prices move inversely to yields, and longer bonds move most.
AGGM Holdings
- Bonds
- 2,210
- 16%
- BlackRock Cash Class Inst Sl Agency
Geography
- United States91.92%
- United Kingdom1.43%
- Canada1.13%
- Japan0.77%
- Luxembourg0.56%
- Philippines0.39%
- Mexico0.39%
- Spain0.38%
- 3.03%
AGGM Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
AGGM$9,791
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 | AGGM |
|---|---|
| Year to date | −2.1% |
| 1 month | −0.7% |
| 3 months | −2.2% |
| 1 year | −2.1% |
| 3 years | +4.0% |
| 5 years | −0.8% |
| 10 years | +1.1% |
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 | AGGM |
|---|---|---|
| 2026 YTD | −2.1% | |
| 2025 | +6.4% | |
| 2024 | +1.0% | |
| 2023 | +5.8% | |
| 2022 | −13.8% | |
| 2021 | −2.3% | |
| 2020 | +8.8% |
AGGM in the news
AGGM Dividends
- 3.95%
- $3.94
- $0.29 per share
- Monthly
Distribution history
AGGM Risk
- 5.4%
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.
- −0.13
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.
- −17.9%
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.
- 0.25
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
AGGM Cost
0.03%
AGGM0.03%
- The middle half of US Aggregate Bond funds
- Median 0.34%
No US Aggregate Bond fund charges less.
Other funds in US Aggregate Bond
- ABBAGJPMorgan BetaBuilders U.S. Aggregate Bond ETFExpense ratio 0.03%1 year return −2.0%
- ABIVVanguard Intermediate-Term Bond ETFExpense ratio 0.03%1 year return −2.6%
- ABNDXVanguard Total International Bond ETFExpense ratio 0.07%1 year return −0.9%
- AVCRBVanguard Core Bond ETFExpense ratio 0.10%1 year return −1.6%
- AAGGYWisdomTree Yield Enhanced U.S. Aggregate Bond FundExpense ratio 0.12%1 year return −2.4%