Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ads Free, Unlimited access)​
NO CREDIT CARD REQUIRED

iShares Agency Bond ETF (AGZ)AGZ

Upturn stock ratingUpturn stock rating
iShares Agency Bond ETF
$108.99
Delayed price
PASS
upturn advisory
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss ​
  • PASS (Skip invest)*​ ​
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK
Time period over

Upturn Advisory Summary

10/29/2024: AGZ (1-star) is currently NOT-A-BUY. Pass it for now.

Analysis of Past Performance​

Type: ETF
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Today’s Advisory: PASS
Historic Profit: 3.06%
Upturn Advisory Performance Upturn Advisory Performance3
Avg. Invested days: 57
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
ETF Returns Performance Upturn Returns Performance 1
Last Close 10/29/2024
Type: ETF
Today’s Advisory: PASS
Historic Profit: 3.06%
Avg. Invested days: 57
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
ETF Returns Performance Upturn Returns Performance 1
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 10/29/2024
Upturn Advisory Performance Upturn Advisory Performance3

Key Highlights

Volume (30-day avg) 21471
Beta 0.48
52 Weeks Range 102.38 - 110.58
Updated Date 10/30/2024
52 Weeks Range 102.38 - 110.58
Updated Date 10/30/2024

AI Summarization

iShares Agency Bond ETF (AGG): Overview

Profile:

The iShares Agency Bond ETF (AGG) is a passively managed exchange-traded fund that seeks to track the investment results of the Bloomberg U.S. Treasury Agency Index. This index comprises U.S. Treasury bonds with maturities greater than one year. AGG offers broad exposure to the U.S. Treasury bond market, focusing on government-backed securities with high credit quality.

Objective:

The primary objective of AGG is to provide investors with a high level of current income and capital preservation. It aims to achieve this by investing in a diversified portfolio of U.S. Treasury bonds with maturities exceeding one year.

Issuer:

BlackRock, the world's largest asset manager, issues and manages AGG.

  • Reputation and Reliability: BlackRock possesses a strong reputation in the financial industry, with a long track record of managing investment products.
  • Management: The ETF is managed by a team of experienced professionals with expertise in fixed income markets.

Market Share:

AGG is the largest U.S. Treasury bond ETF, with a market share of over 20% in its sector.

Total Net Assets:

As of October 26, 2023, AGG has total net assets exceeding $244 billion.

Moat:

  • Low Expense Ratio: AGG boasts a low expense ratio of 0.03%, making it one of the most cost-effective ways to gain exposure to U.S. Treasury bonds.
  • Liquidity: As the largest ETF in its category, AGG enjoys high trading volume, ensuring easy entry and exit for investors.
  • Diversification: The ETF's broad exposure to the U.S. Treasury bond market mitigates risks associated with individual bond issuers or specific maturity dates.

Financial Performance:

  • Historical track record: AGG has consistently generated positive returns over the long term, outperforming its benchmark index in several periods.
  • Benchmark Comparison: The ETF has historically outperformed the Bloomberg U.S. Treasury Agency Index, demonstrating its effectiveness in tracking its target benchmark.

Growth Trajectory:

The U.S. Treasury bond market is expected to remain stable and grow steadily, supporting AGG's growth potential.

Liquidity:

  • Average Trading Volume: AGG's average daily trading volume exceeds 25 million shares, highlighting its high liquidity.
  • Bid-Ask Spread: The ETF typically maintains a tight bid-ask spread, indicating low transaction costs for investors.

Market Dynamics:

Key factors impacting the ETF's market environment include:

  • Interest rate fluctuations: Rising interest rates can negatively affect bond prices, potentially impacting AGG's performance.
  • Economic growth: A strong economy can lead to higher demand for Treasury bonds, boosting AGG's value.
  • Inflation: High inflation can erode the purchasing power of fixed-income investments like AGG.

Competitors:

  • Vanguard Treasury Bond ETF (BND)
  • SPDR Bloomberg Barclays Short Term Treasury ETF (BSV)
  • iShares Aaa-A Rated Corporate Bond ETF (QLTA)

Expense Ratio:

AGG has a low expense ratio of 0.03%.

Investment Approach and Strategy:

  • Strategy: AGG employs a passive management strategy, tracking the Bloomberg U.S. Treasury Agency Index.
  • Composition: The ETF invests in U.S. Treasury bonds with maturities greater than one year.

Key Points:

  • High credit quality and low risk.
  • Diversified exposure to the U.S. Treasury bond market.
  • High liquidity and low expense ratio.
  • Suitable for investors seeking income and capital preservation.

Risks:

  • Interest rate risk: Rising interest rates can decrease the value of bonds held by AGG.
  • Inflation risk: High inflation erodes the purchasing power of fixed-income investments.
  • Market risk: Overall market fluctuations can impact AGG's performance.

Who Should Consider Investing:

  • Income-oriented investors seeking a steady stream of income.
  • Risk-averse investors looking for capital preservation.
  • Investors seeking diversification in their fixed-income portfolio.

Fundamental Rating Based on AI:

7.5/10

AGG exhibits strong fundamentals, supported by its low expense ratio, high liquidity, and diversified portfolio. However, it is susceptible to interest rate and inflation risks, which investors should consider before investing. The AI analysis indicates a positive outlook for AGG, but it is crucial to conduct further research and due diligence before making investment decisions.

Resources and Disclaimers:

Disclaimer:

This analysis is provided for informational purposes only and should not be considered financial advice. Investors should conduct their own research and due diligence before making any investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.​

About iShares Agency Bond ETF

The index measures the performance of the agency sector of the U.S. government bond market and is composed of investment-grade U.S. dollar-denominated publicly-issued government agency bonds or debentures. The fund will invest at least 80% of its assets in the component securities of the index and TBAs that have economic characteristics that are substantially identical to the economic characteristics of the component securities of the index.

Upturn is now on iOS and Android!

Experience Upturn on your mobile. Install it now!​