Category Review
Municipal bond funds are down for the year after a third-quarter selloff erased the first-half gain
iShares ESG Aware U.S. Aggregate Bond ETF
$45.34+0.06 (+0.13%)
- 0.10%
- $5.0B
- −2.1%
- 4.21%
- 0.4M sh
- $45.26
- low $44.93high $48.60
The ETF.net EAGG Grade
A
Score 80 out of 100
- 8 of 117
Score 80 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.A83 out of 100Rank 19 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.C50 out of 100Rank 39 of 116Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A81 out of 100Rank 10 of 117Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A72 out of 100Rank 28 of 116Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A82 out of 100Rank 13 of 117
Our read on EAGG
AThe U.S. bond market's default index, run through a values filter: the same investment-grade universe, tilted toward issuers with better ESG assessments and screened on certain businesses, at 0.10% a year.
The fund seeks to track the Bloomberg MSCI US Aggregate ESG Focus Index, an index of U.S.-dollar-denominated investment-grade bonds from issuers assessed for favorable environmental, social, and governance practices.
Why people hold it
- Costs 0.10% a year, well under the typical aggregate-bond fund, so the ESG screen does not come with a specialty-product price tag.ishares.com
- Roughly 5,000 U.S.-dollar investment-grade bonds inside, spread across Treasuries, agency paper and corporates. No single issuer swings it.
- Pays monthly, and tracks the Bloomberg MSCI US Aggregate ESG Focus Index tightly. Among the cleaner implementations in the core-bond group.
- A multi-billion-dollar iShares fund trading since 2018, with the plumbing and market-maker attention that comes with a big core-bond ETF.
Worth knowing
- Unscreened Agg trackers (BND, SPAB, SCHZ) run 0.03%. The ESG version asks for a few extra basis points each year.
- The index reweights toward higher-rated ESG issuers and applies business-involvement screens, so the bond mix (and results) can drift from the plain Agg either way.ishares.com
- Still a rate-sensitive bond fund: broad-maturity investment-grade debt loses value when yields rise, screens or not.ishares.com
EAGG Holdings
- Bonds
- 5,128
- 9%
- BlackRock Cash Class Inst Sl Agency
Sectors
- Treasury46.4%
- MBS Pass-Through23.0%
- Industrial15.2%
- Financial Institutions7.9%
- Utility2.3%
- Supranational1.8%
- CMBS1.4%
- Sovereign0.6%
- Local Authority0.6%
- ABS0.4%
- Agency0.3%
Geography
- United States90.52%
- Canada2.57%
- United Kingdom1.68%
- Luxembourg0.86%
- Japan0.78%
- Ireland0.72%
- Netherlands0.65%
- Australia0.28%
- 1.95%
EAGG 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.
EAGG$9,792
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 | EAGG |
|---|---|
| Year to date | −2.5% |
| 1 month | −1.1% |
| 3 months | −2.6% |
| 1 year | −2.1% |
| 3 years | +4.3% |
| 5 years | −0.6% |
| 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 | EAGG |
|---|---|---|
| 2026 YTD | −2.5% | |
| 2025 | +7.2% | |
| 2024 | +1.1% | |
| 2023 | +5.6% | |
| 2022 | −13.6% | |
| 2021 | −1.3% | |
| 2020 | +7.4% |
EAGG in the news
EAGG Dividends
- 4.21%
- $1.91
- $0.16 per share
- Monthly
Distribution history
EAGG Risk
- 5.6%
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.
- −0.08
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.
- −17.4%
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.
- 1.00
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
EAGG Cost
0.10%
EAGG0.10%
- The middle half of US Aggregate Bond funds
- Median 0.34%
17 of the 113 US Aggregate Bond funds charge less.
Other funds in US Aggregate Bond
- ABKAGBNY Mellon Core Bond ETFExpense ratio 0.00%1 year return −1.9%
- AIAGGiShares Core International Aggregate Bond ETFExpense ratio 0.07%1 year return +0.4%
- 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%
- AAGGMiShares 1-10 Year U.S. Aggregate Bond ETFExpense ratio 0.03%1 year return −2.1%