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ETF comparison

AGG vs PCY

US Aggregate Bond vs International Bond.

iShares Core U.S. Aggregate Bond ETF · Invesco Emerging Markets Sovereign Debt ETF

Holdings overlap

Weighted by ISIN/CUSIP
0.1 %

18 positions appear in both funds. Buying equal dollars of AGG and PCY would leave roughly 0.1% of each dollar exposed to the same underlying securities.

AGG only 98.9% Shared 0.1% PCY only 98.6%
In AGG only
13,165 positions
Shared
18 positions
In PCY only
83 positions

Side by side

AGG

iShares Core U.S. Aggregate Bond ETF

iShares · US Aggregate Bond

89 composite / 100
Expense ratio
0.030%
Net assets
$138.85B
TTM yield
4.01%
Top-10 conc.
7.1%
PCY

Invesco Emerging Markets Sovereign Debt ETF

Invesco · International Bond

59 composite / 100
Expense ratio
0.50%
Net assets
$1.41B
TTM yield
5.89%
Top-10 conc.
19.1%

Sub-score comparison

97
Cost
50
52
Tax efficiency
49
100
Liquidity
63
100
Concentration
87
—
Tracking quality
—
AGG sub-score PCY

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

AGG is 47 bps cheaper than PCY. On a $100,000 position that's about $470/yr more in fees for PCY.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with AGG vs PCY.

Top shared holdings

18 shared in total
# Holding In AGG In PCY Overlap
1 Republic of Poland Government International Bonds 0.01% 1.46% 0.01%
2 Mexico Government International Bonds 0.01% 0.94% 0.01%
3 Panama Government International Bonds 0.01% 0.99% 0.01%
4 Mexico Government International Bonds 0.01% 0.94% 0.01%
5 Peru Government International Bonds 0.01% 0.96% 0.01%
6 Hungary Government International Bonds 0.01% 0.95% 0.01%
7 Chile Government International Bonds 0.01% 0.95% 0.01%
8 Chile Government International Bonds 0.00% 0.94% 0.00%
9 REPUBLIC OF PERU 0.00% 0.95% 0.00%
10 Panama Government International Bonds 0.00% 0.99% 0.00%
11 Philippines Government International Bonds 0.00% 0.96% 0.00%
12 REPUBLIC OF PHILIPPINES 0.00% 0.94% 0.00%

Only in AGG

13,165 total
  • BlackRock Funds III 0.52%
  • United States Treasury 0.46%
  • United States Treasury 0.43%
  • United States Treasury 0.42%
  • United States Treasury 0.42%
  • United States Treasury 0.42%
  • United States Treasury 0.41%
  • United States Treasury 0.41%
  • United States Treasury 0.41%
  • United States Treasury 0.40%

Only in PCY

83 total
  • Mongolia Government International Bond 1.47%
  • Kuwait International Government Bond 1.44%
  • Kuwait International Government Bond 1.42%
  • Mongolia Government International Bond 1.42%
  • Pakistan Government International Bond 1.37%
  • Pakistan Government International Bond 1.33%
  • Angolan Government International Bond 1.04%
  • Angolan Government International Bond 1.03%
  • Angolan Government International Bond 1.00%
  • Nigeria Government International Bond 1.00%

Open AGG or PCY at a brokerage

Both funds trade commission-free at major US brokerages.

Open at Fidelity

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.