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ETFs

Madison Aggregate Bond ETF

MAGG
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Aug 28 2023
Expense Ratio
0.40%
Type
US Bonds
Fund Owner
Madison Funds
Volume (1m avg. daily)
—
AUM
$47,349,862
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
UNITED STATES TREAS NTS 4.5% 07/15/2026
4.39%
n/a
UNITED STATES TREAS NTS 4% 06/30/2028
4.12%
n/a
UNITED STATES TREAS NTS 4.625% 06/30/2025
3.71%
n/a
UNITED STATES TREAS NTS 5% 08/31/2025
3.37%
n/a
Cash & Other
3.04%
n/a
UNITED STATES TREAS NTS 3.5% 02/15/2033
2.96%
n/a
UNITED STATES TREAS BDS 4.125% 08/15/2053
2.47%
n/a
Chase Auto Owner Trust 2023-A 0% 03/25/2027
2.11%
HMC5242427
HONDA AUTO REC OWN TR 2021-3 A-3 0.41% 11/18/2025
2.04%
n/a
FHLMC SUPER 5% 05/01/2053
1.84%
Invest with MAGG

What is MAGG?

The Aggregate Bond ETF seeks to generate superior long-term risk-adjusted performance by allocating across a diverse set of fixed income sectors and individual securities. The ETF's portfolio managers strive to add incremental return by making strategic decisions relating to credit risk, sector exposure, and yield curve positioning.

ETFs related toMAGG

ETFs correlated to MAGG include VTC, IBDX, BKAG

MAGG
Madison ETFs Trust - Madison Aggregate Bond ETF
VTC
Vanguard Group, Inc. - Vanguard Total Corporate Bond ETF
IBDX
iShares Trust - iShares iBonds Dec 2032 Term Corporate ETF
BKAG
BNY Mellon ETF Trust - BNY Mellon Core Bond ETF
GBF
BlackRock Institutional Trust Company N.A. - iShares Barclays Government/Credit Bond Fund
CORP
Pimco Exchange Traded Fund - PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
BNDW
Vanguard Group, Inc. - Vanguard Total World Bond ETF
UITB
Victory Portfolios II - VictoryShares Core Intermediate Bond ETF
JCPB
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Core Plus Bond ETF
DIAL
Columbia ETF Trust I - Columbia Diversified Fixed Income Allocation ETF
FBND
Fidelity Covington Trust - Fidelity Total Bond ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toMAGG

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

#BTD

Buy the Dips: Nasdaq 100

Category

Featured, Technology Focus

Risk Rating

Aggressive

Create your own algorithmic trading strategy with MAGG using Composer

FAQ

MAGG is a US Bonds ETF. The Aggregate Bond ETF seeks to generate superior long-term risk-adjusted performance by allocating across a diverse set of fixed income sectors and individual securities. The ETF's portfolio managers strive to add incremental return by making strategic decisions relating to credit risk, sector exposure, and yield curve positioning.

Yes, MAGG is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, MAGG is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on MAGG is %. This is the percent change in the value of MAGG over the most recent 1-month period. The 3-month return on MAGG is %. This is the percent change in the value of MAGG over the most recent 3-month period.

ETFs similar to MAGG include GVI, BLV, and BSV.

ETFs correlated to MAGG include VTC, IBDX, and BKAG.

ETFs that are inversely correlated to MAGG include PST, TBX, and TTT.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.