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IAGG

iShares Core International Aggregate Bond ETF
TREND FOLLOWING PERFORMANCE HISTORY
2026-09-10
Executive Summary
The quantitative backtest for IAGG (iShares Core International Aggregate Bond ETF) using the Moving Average (50/200)* strategy in a Investing context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -9.5% (compared to the benchmark's drawdown of -13.9%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 1.9%, compared to a Buy-and-Hold benchmark return of 2.0%. The strategy executed 6 total trades.

* Moving Average (50/200): Classic Moving Average Crossover (e.g., 50-day crossing 200-day). The foundational basis of research-grade trend following.

🛡️ IAGG Drawdown Shield & Downside Protection

Why Drawdown Dictates Longevity →
Peak Drawdown Defense
-9.5% (vs -13.9% B&H)
+4.3% shallower drawdown
Drawdown Shield
4.3% Cut
Protected capital vs -13.9% B&H
Capital Sheltered from Risk
18.1% of Time
Earning Treasury yield during downturns
* Drawdown Shield demonstrates how systematic trend-following bounded historical drawdowns and protected principal capital compared to passive Buy & Hold.

📊 IAGG Quality Metrics & KPI Summary

Metric 1Y5Y10YFull
StrategyB&HStrategyB&HStrategyB&HStrategyB&H
Max Drawdown-2.32%-2.32%-7.49%-13.10%-9.54%-13.88%-9.54%-13.88%
Sharpe Ratio0.190.190.270.160.530.470.560.49
Sortino Ratio0.290.290.360.260.580.650.660.68
CAGR0.55%0.55%0.88%0.73%1.65%1.90%1.87%2.02%
% Time Invested100.0%100.0%75.5%100.0%72.4%100.0%81.9%100.0%
Trades / Year0.00.00.60.00.60.00.70.0

Cumulative Growth Performance

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Figure 1: Cumulative Trajectory Analysis. Logarithmic growth comparison of IAGG under the Moving Average (50/200) strategy (Investing) versus Buy & Hold. The strategy produced a 1.9% CAGR with a -9.5% Max Drawdown across 6 trade signals (compared to Buy & Hold's 2.0% CAGR and -13.9% Max Drawdown).

Return Distribution Analysis

Histogram of monthly return distribution for IAGG under Moving Average (50/200) strategy in Investing context, illustrating downside risk mitigation and return skewness.
Figure 2: Monthly Return Distribution Profile. Monthly return distribution for IAGG under Moving Average (50/200) (Investing). Visualizes return frequency, volatility clustering, and tail-risk truncation relative to standard buy-and-hold returns.
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Top 5 non-correlated asset sleeves evaluated on 1Y daily percentage returns (Pearson r). Compare them side-by-side in Compare Studio to analyze portfolio diversification.

Diversifier Asset Category 1Y Correlation (r) Action
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Trade History

This log shows every signal-driven transition. Completed trades reflect standard market cycles. An Open or Mark-to-Market exit denotes an active position (either in the primary asset or a cash/yield sleeve) valued at the current price for reporting purposes. Interest entries record yield accrued from cash or cash alternatives (like BIL) during out-of-market defensive periods.

Entry DateExit DateTypeAllocationEntry PriceExit PriceNet Return %Exit Reason
🔒 Active Positions & Recent Execution Signals Hidden
Trading on delayed data carries high execution risk. Current allocations, pending next-day rebalances, and active execution signals (last 60 days) require a Premium subscription.
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2023-10-26 2023-11-22 Interest (CASH) 100% $1.00 $1.00 0.41% Interest Income
2023-03-24 2023-10-26 Completed 100% $43.60 $43.05 -1.31% Signal
2022-09-27 2023-03-24 Interest (CASH) 100% $1.00 $1.02 2.13% Interest Income
2022-07-29 2022-09-27 Completed 100% $44.25 $41.75 -5.70% Stop
2022-01-20 2022-07-29 Interest (CASH) 100% $1.00 $1.01 0.51% Interest Income
2021-12-27 2022-01-20 Completed 100% $47.30 $46.76 -1.20% Signal
2021-11-04 2021-12-27 Interest (CASH) 100% $1.00 $1.00 0.01% Interest Income
2021-07-08 2021-11-04 Completed 100% $47.50 $47.14 -0.81% Signal
2021-03-17 2021-07-08 Interest (CASH) 100% $1.00 $1.00 0.01% Interest Income
2020-06-11 2021-03-17 Completed 100% $47.12 $46.97 -0.36% Signal
2020-05-19 2020-06-11 Interest (CASH) 100% $1.00 $1.00 0.01% Interest Income
2017-11-07 2020-05-19 Completed 100% $41.37 $46.81 13.08% Signal
2017-11-03 2017-11-07 Interest (CASH) 100% $1.00 $1.00 0.00% Interest Income

Next Steps: Portfolio Integration & Comparative Analysis

Single-ticker trend following is designed to truncate tail risk inside a broader portfolio. View where IAGG ranks across 40+ tracked assets, evaluate correlation against non-correlated diversifiers, or model it inside a custom all-weather asset mix.

📊 View Full 40-Asset Backtest Matrix → 🛠️ Build Custom Portfolio with IAGG → ⚖️ Compare IAGG vs Non-Correlated Assets →