AGZ

New York Stock Exchange Arca

iShares Agency Bond ETF

Specialty Bonds · IShares · Inception 2008-11-04 · SEC filings

$106.84−0.67 (−0.62%)

As of Sep 23, 2026, 1:40 PM EDT

Our read on AGZ

ETF.net Research

A one-job bond fund: debt issued by U.S. government-sponsored entities, tracked by index, at 0.15%. Narrow by design, and running since 2008.

Stated mandate

The fund aims to track an index consisting of U.S. agency bonds that are issued by government-sponsored entities.

01Charges 0.15% a year, well under the roughly 0.40% median for the bond funds we cover. Cheap is the whole pitch here.
02Clean, single-purpose mandate: it tracks the Bloomberg U.S. Agency Bond Index, so you get agency debt rather than a blended bond mix.ishares.com
03Live since 2008 and paying monthly, with an overall profile in the top quartile of the bond funds we grade.

01Trades lightly next to the giant bond ETFs, so spreads can be wider and size can take patience to move.
02Around 100 bonds from a short list of government-sponsored issuers. That is a slice of the bond market, not the whole thing.
03Cheapest in its peer group, but not the top-ranked: BGRN (0.20%) and EMLC (0.30%) grade higher on our full scorecard.

As of Sep 22, 2026, 3:16 AM

The fund’s holdings, weight-ordered — page 1 of 8.
#	Ticker	Company	Weight %	Market value	In ETFs
001	—	FNMA BENCHMARK NOTE 0.75% 10/08/2027	11.70%	$74M	3
002	—	FHLB 3.50% 10/04/2027	5.01%	$32M	2
003	—	FNMA BENCHMARK NOTE 6.63% 11/15/2030	4.89%	$31M	13
004	—	FHLB 4.38% 06/08/2029	4.69%	$30M	1
005	—	FFCB 3.63% 08/27/2027	4.10%	$26M	1
006	—	FNMA BENCHMARK NOTE 7.13% 01/15/2030	4.01%	$25M	5
007	—	FNMA BENCHMARK NOTE 6.25% 05/15/2029	3.09%	$20M	12
008	—	FEDERAL HOME LOAN BANKS 3.50% 03/03/2028	3.05%	$19M	2
009	—	FHLMC REFERENCE NOTE 6.25% 07/15/2032	3.05%	$19M	13
010	—	FHLB 4.63% 06/13/2031	2.64%	$17M	1
011	—	FHLMC REFERENCE BOND 6.75% 03/15/2031	2.48%	$16M	11
012	—	FNMA 0.88% 08/05/2030	1.91%	$12M	10
013	—	FNMA BENCHMARK NOTE 7.25% 05/15/2030	1.87%	$12M	11
014	—	TVA 7.13% 05/01/2030	1.84%	$12M	11
015	—	FFCB 4.38% 09/11/2029	1.72%	$11M	1

Showing 1–15 of 115 holdings

AGZ$10,113

$11,723

Sep 22, 2025 – Sep 22, 2026

As of the Sep 22, 2026 close, with distributions reinvested.

ETF.net Research hasn’t filed on AGZ yet — coverage lands here as it’s written.

2023–2026

: 2.7%; Annualised · 36 months to Aug 2026; 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.
: −0.19; vs 3-month T-bills · to Aug 2026; 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.
: −10.5%; Trough Oct 2022; 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.
: 0.45; vs its asset-class index; How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.