Category Review
Municipal bond funds are down for the year after a third-quarter selloff erased the first-half gain
WisdomTree Yield Enhanced U.S. Aggregate Bond Fund
$41.40+0.02 (+0.05%)
- 0.12%
- $889M
- −2.4%
- 4.82%
- 0.2M sh
- $41.34
- low $40.98high $44.84
The ETF.net AGGY Grade
A
Score 77 out of 100
- 14 of 117
Score 77 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.A79 out of 100Rank 24 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.D33 out of 100Rank 97 of 116Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A78 out of 100Rank 13 of 117Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A80 out of 100Rank 11 of 116Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A76 out of 100Rank 20 of 117
Our read on AGGY
ASame bond universe as the big Agg trackers, rearranged. AGGY re-weights the Bloomberg U.S. Aggregate Bond Index toward its higher-yielding slices under a rules-based approach, while aiming to preserve broadly familiar risk characteristics.
The fund seeks to enhance income by re-weighting components of the Bloomberg U.S. Aggregate Bond Index through a rules-based approach while broadly preserving familiar risk characteristics.
Why people hold it
- The mandate is the differentiator: a rules-based re-weighting of the Agg rather than a copy of it, so you get index discipline with an income tilt built in.
- 0.12% a year sits well below the typical fee in the aggregate-bond category, unusual for a fund that does something other than replicate the benchmark.
- Roughly 2,500 bonds and monthly distributions: broad diversification with an income stream that arrives on a regular cadence.
- Trading since 2015 and one of the tighter implementations in a crowded aggregate-bond peer group, with a portfolio that closely matches the mandate it advertises.
Worth knowing
- Reaching for yield inside the Agg means leaning harder into credit and rate sensitivity, so it screens as riskier than the average fund in its category.
- Plain trackers of the same index (AGG, BND, SPAB) charge 0.03%, so the re-weighting is what you are paying the extra fee for.
- Mid-sized and moderately traded rather than a category heavyweight, so bid-ask spreads can run wider than the largest Agg funds.
AGGY Holdings
- Bonds
- 2,080
- 9%
- Tri-Party Citigroup Global Markets
Geography
- United States90.52%
- United Kingdom1.45%
- Mexico1.34%
- Canada1.32%
- Philippines0.55%
- Luxembourg0.51%
- Singapore0.41%
- Indonesia0.37%
- 3.54%
AGGY Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
AGGY$9,761
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 | AGGY |
|---|---|
| Year to date | −2.8% |
| 1 month | −1.2% |
| 3 months | −2.9% |
| 1 year | −2.4% |
| 3 years | +4.7% |
| 5 years | −0.6% |
| 10 years | +1.2% |
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 | AGGY |
|---|---|---|
| 2026 YTD | −2.8% | |
| 2025 | +7.4% | |
| 2024 | +1.8% | |
| 2023 | +7.3% | |
| 2022 | −15.3% | |
| 2021 | −1.7% | |
| 2020 | +5.9% |
AGGY in the news
AGGY Dividends
- 4.82%
- $1.99
- $0.18 per share
- Monthly
Distribution history
AGGY Risk
- 5.8%
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.
- −0.02
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.
- −20.0%
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.
- 1.08
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
AGGY Cost
0.12%
AGGY0.12%
- The middle half of US Aggregate Bond funds
- Median 0.34%
21 of the 113 US Aggregate Bond funds charge less.
Other funds in US Aggregate Bond
- 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%
- AGVIiShares Intermediate Government/Credit Bond ETFExpense ratio 0.20%1 year return −0.4%
- AAVIGAvantis Core Fixed Income ETFExpense ratio 0.15%1 year return −2.1%
- ABNDPVanguard Core-Plus Bond Index ETFExpense ratio 0.05%1 year return —