AGZ vs ULST

Comparison between ISHARES AGENCY BOND ETF (AGZ, ETF) and STATE STREET(R) ULTRA SHORT TERM BOND ETF (ULST, ETF).

5-Year PerformanceULST has outperformed AGZ, delivering a return of +3.5% compared to +1.2%

AGZ vs ULST - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AGZ(ETF)	ULST(ETF)
Net Assets	$551M	$553M
Expense Ratio	0.20%	0.20%
Max Drawdown	13.98%	6.34%
Sharpe Ratio	0.09	0.24
5Y Beta	-0.01	-0.01
5Y Dividends CAGR	13.53%	37.68%

Net Assets

AGZ

$551M

Winner

ULST

$553M

Expense Ratio

AGZ

0.20%

ULST

0.20%

Max Drawdown

AGZ

13.98%

Winner

ULST

6.34%

Sharpe Ratio

AGZ

0.09

Winner

ULST

0.24

5Y Beta

AGZ

-0.01

Winner

ULST

-0.01

5Y Dividends CAGR

AGZ

13.53%

Winner

ULST

37.68%

AGZ vs ULST - Historical Returns

Returns include dividend reinvestment.

Period	AGZ	ULST
1 month	+0.31%	+0.32%
3 months	+0.32%	+0.86%
6 months	+0.79%	+1.55%
1 year	+3.75%	+3.90%
5 years(CAGR)	+1.15%	+3.53%
10 years(CAGR)	+1.82%	+2.66%
Max(CAGR)	+2.39%	+2.20%

AGZ

+0.31%

Winner

ULST

+0.32%

AGZ

+0.32%

Winner

ULST

+0.86%

AGZ

+0.79%

Winner

ULST

+1.55%

AGZ

+3.75%

Winner

ULST

+3.90%

5Y(CAGR)

AGZ

+1.15%

Winner

ULST

+3.53%

10Y(CAGR)

AGZ

+1.82%

Winner

ULST

+2.66%

Max(CAGR)

Winner

AGZ

+2.39%

ULST

+2.20%

AGZ vs ULST - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

Year	AGZ	ULST
2026	+0.39%	+1.30%
2025	+6.06%	+4.81%
2024	+3.32%	+5.25%
2023	+4.99%	+5.59%
2022	-7.53%	+0.87%
2021	-1.08%	+0.21%
2020	+5.59%	+1.45%
2019	+5.34%	+3.25%
2018	+1.51%	+1.94%
2017	+2.14%	+1.29%
2016	+1.02%	+1.54%
2015	+1.06%	+0.14%
2014	+3.44%	+0.29%
2013	-1.22%	+0.22%
2012	+1.65%	N/A
2011	+4.87%	N/A
2010	+3.70%	N/A
2009	+2.08%	N/A
2008	+6.01%	N/A

AGZ vs ULST Drawdown Comparison

The maximum drawdown for AGZ was -11.01%, occurring on Oct 20, 2022. Recovery took 1126 trading sessions.

The maximum drawdown for ULST was -6.20%, occurring on Mar 25, 2020. Recovery took 81 trading sessions.

The current AGZ drawdown is -0.54%.

Rank	AGZ	ULST
#1	-11.01% Sep 3, 2020 - Feb 28, 2025	-6.20% Mar 5, 2020 - Jun 30, 2020
#2	-4.98% Nov 13, 2008 - Dec 11, 2008	-1.22% Oct 5, 2021 - Nov 23, 2022
#3	-3.28% May 1, 2013 - May 15, 2014	-0.54% Aug 5, 2024 - Aug 13, 2024
#4	-2.88% Jul 6, 2016 - Aug 18, 2017	-0.54% May 2, 2014 - Jul 22, 2014
#5	-2.52% Nov 4, 2010 - Jun 1, 2011	-0.51% Jan 31, 2025 - Feb 11, 2025
#6	-2.34% Sep 7, 2017 - Dec 18, 2018	-0.50% Feb 8, 2016 - Apr 7, 2016
#7	-2.24% Apr 14, 2009 - Jul 8, 2009	-0.49% Nov 12, 2014 - Jun 1, 2015
#8	-2.24% Mar 9, 2020 - Jul 20, 2020	-0.44% Jun 1, 2015 - Feb 8, 2016
#9	-1.84% Jan 23, 2015 - Oct 14, 2015	-0.39% Jul 22, 2014 - Nov 3, 2014
#10	-1.80% Jan 14, 2009 - Mar 18, 2009	-0.39% Sep 18, 2020 - Nov 25, 2020
#11	-1.58% Jul 8, 2009 - Sep 1, 2009	-0.37% Apr 3, 2025 - Apr 16, 2025
#12	-1.53% Sep 4, 2019 - Jan 23, 2020	-0.34% May 31, 2016 - Jun 8, 2016
#13	-1.53% Nov 30, 2009 - May 4, 2010	-0.32% Jun 10, 2016 - Jul 18, 2016
#14	-1.35% Feb 27, 2026 - May 19, 2026	-0.27% May 19, 2016 - May 31, 2016
#15	-1.30% Apr 4, 2025 - Apr 28, 2025	-0.27% Jan 13, 2014 - Feb 25, 2014

Correlation

Correlation between AGZ and ULST is 0.87 which considered as a strong positive correlation - the stocks tend to move together.

0.87

-101

Dividend Comparison (2008 - 2026)

AGZ vs ULST dividend yield comparison.

Year	AGZ	ULST
2026	1.52%	1.66%
2025	3.75%	4.46%
2024	3.48%	5.03%
2023	3.14%	4.45%
2022	1.56%	1.70%
2021	0.96%	0.54%
2020	2.25%	1.34%
2019	2.32%	2.56%
2018	2.15%	2.13%
2017	1.58%	1.21%
2016	1.52%	0.93%
2015	1.30%	0.37%
2014	1.33%	0.34%
2013	1.19%	0.07%
2012	1.22%	0.00%
2011	1.66%	0.00%
2010	1.88%	0.00%
2009	2.00%	0.00%
2008	0.38%	0.00%