ETF Evaluator:
iShares Core International Aggt Bd ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Global Bond-USD Hedged Over the Last Year
| 3.5% | JPMorgan International Bond Opps ETF (JPIB) |
| 3.3% | iShares Global Govt Bd USD Hdg Act ETF (GGOV) |
| 3.3% | Dimensional Global Credit ETF (DGCB) |
| 3.2% | Avantis Credit ETF (AVGB) |
| 3.1% | Dimensional Global Core Pls Fxd Inc ETF (DFGP) |
Risk
Index
Risk
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ETF Details
iShares Core International Aggt Bd ETF Overview
iShares Core International Aggt Bd ETF (IAGG) is a passively managed Taxable Bond Global Bond-USD Hedged exchange-traded fund (ETF). iShares launched the ETF in 2015.
The investment seeks to track the investment results of the Bloomberg Global Aggregate ex USD 10% Issuer Capped (Hedged) Index composed of global non-U.S. dollar-denominated investment-grade bonds that mitigates exposure to fluctuations between the value of the component currencies and the U.S. dollar.
The fund seeks to track the investment results of the index, which measures the performance of the global investment-grade bond market. The fund will invest at least 80% of its assets in the component securities of the underlying index.
About iShares Core International Aggt Bd ETF (IAGG)
There are 2 members of the management team with an average tenure of 3.21 years: James Mauro (2021) and Divya Manek (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: Bloomberg Global Aggregate TR USD index with a weighting of 100% and Bloomberg Gbl Agg xUSD 10% IC TR Hdg USD index with a weighting of 100%. iShares Core International Aggt Bd ETF has 8569 securities in its portfolio. The top 10 holdings constitute 6.2% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
iShares Core International Aggt Bd ETF is part of the Fixed Income global asset class and is within the Taxable Bond ETF group. iShares Core International Aggt Bd ETF has 97.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 99.6% (2.2% domestic bond, 97.4% foreign bond and 0.0% convertible bond). iShares Core International Aggt Bd ETF has 0.4% of the portfolio in cash.
Assets Under Management
The fund has $11 billion in total assets, which is above the $7 billion average for the Global Bond-USD Hedged category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
IAGG Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The iShares Core International Aggt Bd ETF expense ratio is low compared to funds in the Global Bond-USD Hedged category. iShares Core International Aggt Bd ETF has an expense ratio of 0.07%, which is 70% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. iShares Core International Aggt Bd ETF has a portfolio turnover rate of 20%, which indicates that it holds its assets around / 0.1 years. By way of comparison, the average portfolio turnover is 28% for the Global Bond-USD Hedged category.
Recently, in the month of July 2026, iShares Core International Aggt Bd ETF returned -1.7%, which earned it a grade of F, as the Global Bond-USD Hedged category had an average return of -1.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
iShares Core International Aggt Bd ETF has a trailing yield of 3.69%, which is below the 4.09% category average.
The fund normally distributes its income annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
iShares Core International Aggt Bd ETF Grades
Year to date, the ETF has returned -0.1%, 0.7 percentage points worse than the category, which translates into a grade of F. The fund has returned 1.0% over the past year (grade of F), 4.2% over the past three years (grade of C) and 0.6% per year over the past five years (grade of C) and 1.9% per year over the past 10 years (grade of A).
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IAGG Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| IAGG Return (NAV) | -1.7% | -0.3% | 1.0% | 4.2% | 0.6% | 1.9% |
| IAGG Return (Price) | -1.7% | -0.3% | 1.1% | 4.2% | 0.6% | 1.8% |
| NAV +/- Price Return | -0.021% | 0.002% | -0.104% | 0.015% | -0.011% | 0.019% |
| Global Bond-USD Hedged Avg | -1.1% | 0.3% | 2.4% | 4.3% | 0.6% | 1.7% |
| IAGG Grade (NAV) | F | F | F | C | C | A |
| +/- Category (NAV) | -0.6% | -0.6% | -1.5% | -0.1% | 0.0% | 0.2% |
| IAGG Tax-Cost Ratio | na | na | 1.5% | 1.5% | 1.2% | 1.0% |
IAGG Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| IAGG Return (NAV) | -0.1% | 3.1% | 5.0% | 8.4% | -10.7% | -1.8% | 4.5% | 8.2% | 2.9% | 2.5% | 5.0% |
| IAGG Return (Price) | 0.1% | 3.3% | 4.5% | 8.5% | -10.9% | -1.9% | 4.6% | 8.0% | 3.4% | 2.1% | 5.1% |
| NAV +/- Price Ret | -1.511% | 0.063% | -0.090% | 0.015% | 0.015% | 0.068% | 0.027% | -2.2% | 15.4% | -16.6% | 2.2% |
| Global Bond-USD Hedged Avg | 0.5% | 5.0% | 3.6% | 7.8% | -10.5% | -1.7% | 4.9% | 8.7% | 1.4% | 2.5% | 4.8% |
| IAGG Grade (NAV) | F | F | A | B | C | B | F | D | C | A | A |
| +/- Category | -0.7% | -1.9% | 1.4% | 0.6% | -0.2% | -0.1% | -0.4% | -0.5% | 1.5% | 0.1% | 0.2% |
| Risk Measures | |
| Beta: | 0.51 |
| R-Squared: | 67% |
| Standard Deviation: | 3.5% |
| Category Risk Index: | 0.84 |
| Category Risk Rating: | Below Average |
| Total Risk Index: | 0.29 |
| Total Risk Rating: | Low |
| Portfolio Characteristics | |
| Yield: | 3.7% |
| Total Assets: | $ 11,212 Mil |
| Share Class Assets: | $ 11,212 Mil |
| Turnover: | 20.0% |
| Expense Ratio: | 0.07% |
| Index Fund: | Yes |
| Index Tracked: | Bloomberg Global Aggregate TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 5.4 years | |||
| Average Tenure: 3.2 years | |||
| Managers (Year): Mauro James (2021), Manek Divya (2025) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 8569 |
| % in Top 10 Holdings: | 6.2% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 97.4% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 2.2% |
| Foreign Bond: | 97.4% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.4% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | iShares |
| Phone Number: | 800-474-2737 |
| Website: | au.ishares.com |
| Inception Date: | November 10, 2015 |
Expenses and Fees
| Expense Ratio (%): | 0.07% (Rating: Low) |
| Category Average Expense Ratio (%): | 0.23% |
