Top 3 Markets:

1. US Treasury Bonds: approx. 40%
2. Corporate Bonds: approx. 30%
3. Mortgage-Backed Securities (MBS): approx. 20%

The iShares Core U.S. Aggregate Bond ETF (AGG) is a broadly diversified bond fund that primarily invests in the U.S. bond market. The ETF's revenues do not come directly from industries, but from various bond classes. The largest shares of the fund are invested in U.S. Treasury bonds, corporate bonds, and mortgage-backed securities.

U.S. Treasury bonds account for the largest share as they are considered the safest asset class. Corporate bonds offer higher returns and diversify the risk. Mortgage-backed securities provide additional diversification and income opportunities.

iShares Trust - iShares Core U.S. Aggregate Bond ETF (AGG) is an exchange-traded fund (ETF) and not a company that produces physical products.

The ETF is managed by BlackRock, one of the largest asset managers globally. iShares ETFs are financial products traded on exchanges that replicate the performance of a specific index. In this case, AGG aims to replicate the performance of the Bloomberg U.S. Aggregate Bond Index.

As it is a financial product, there are no production facilities in the traditional sense. Instead, the fund shares are provided through financial institutions and stock exchanges.

Current data not available for 2025.

Estimation: iShares Trust - iShares Core U.S. Aggregate Bond ETF (AGG) follows a passive investment strategy.

The iShares Core U.S. Aggregate Bond ETF (AGG) is an exchange-traded fund that aims to replicate the performance of the Bloomberg U.S. Aggregate Bond Index. This strategy means that the ETF invests in a wide range of U.S. bonds, including government bonds, corporate bonds, and mortgage-backed securities.

For future growth, the ETF relies on diversifying its bond holdings to provide investors with a stable return. The strategy focuses on minimizing risks through broad diversification of investments and adjusting to changes in the bond market to closely replicate the index performance.

As the ETF is passively managed, the focus is less on active growth and more on providing a cost-effective way for investors to invest in the entire U.S. bond market.

Raw Materials/Materials: None

The iShares Trust - iShares Core U.S. Aggregate Bond ETF (AGG) is an exchange-traded fund that invests in bonds. As such, it does not import or use any physical raw materials or materials. Instead, its portfolio consists of a variety of fixed-income securities issued by the US government, companies, and other issuers.

The focus of this ETF is on replicating the Bloomberg U.S. Aggregate Bond Index, which includes a wide range of US bonds. Therefore, the question of raw material or material imports is not relevant for this ETF.

Assets under Management (AUM): approximately 90 billion USD (2023) Expense Ratio: 0.03% (2023)

The iShares Core U.S. Aggregate Bond ETF (AGG) has a significant competitive advantage in the bond ETF industry. With assets under management of around 90 billion USD, it is one of the largest bond ETFs globally. This provides high liquidity and tight bid-ask spreads, which is attractive for investors.

Another key advantage is the low expense ratio of 0.03%, which is very competitive compared to many other bond ETFs. This makes the ETF particularly attractive for long-term investors who focus on cost efficiency.

Additionally, AGG benefits from the strong brand and distribution network of iShares, one of the leading ETF providers. These factors contribute to AGG being considered a preferred choice for investors seeking broad diversified exposure to the U.S. bond markets.

Institutional investor share: approx. 80% (estimated for 2025)

Insider purchases/sales: Not applicable

The iShares Core U.S. Aggregate Bond ETF (AGG) is an exchange-traded fund primarily held by institutional investors. These investors, such as pension funds, insurance companies, and other large financial institutions, typically make up a significant portion of the investor base for such ETFs.

Insider purchases or sales are not relevant for ETFs like AGG, as it is a fund and not a single company. ETFs do not have "insiders" in the traditional sense, as they represent a collection of assets and are not influenced by specific corporate management.

Market share of iShares Core U.S. Aggregate Bond ETF (AGG): approx. 18% (2025, estimate)

Main competitors and their market shares:

1. Vanguard Total Bond Market ETF (BND): approx. 17%
2. Schwab U.S. Aggregate Bond ETF (SCHZ): approx. 8%
3. SPDR Bloomberg Barclays Aggregate Bond ETF (LAG): approx. 6%
4. Fidelity Total Bond ETF (FBND): approx. 5%
5. Invesco Total Return Bond ETF (GTO): approx. 4%

Moat of iShares Core U.S. Aggregate Bond ETF (AGG):

The iShares Core U.S. Aggregate Bond ETF (AGG) has a significant moat due to its size and liquidity. With a market share of around 18%, AGG is one of the largest and most liquid ETFs in the bond space, making it attractive to institutional and retail investors. This liquidity allows investors to trade large positions without significantly impacting market prices.

Another advantage is the fund's broad diversification, covering a variety of bonds, which reduces risk for investors. This makes AGG a preferred instrument for investors seeking diversified exposure to the bond market.

Compared to its competitors, AGG has an additional advantage through the strong iShares brand and the support of BlackRock. This provides access to comprehensive resources and a broad network that smaller competitors cannot offer to the same extent.

However, some competitors, such as the Vanguard Total Bond Market ETF (BND), also hold strong market positions and offer similar diversification benefits. Competition remains intense, and the differences in moats are often marginal, as many of these ETFs pursue similar strategies and investment focuses.

Fund volume: 90 billion USD (2023) Ongoing cost ratio: 0.04% (2023) Average return of the last 5 years: 3.5% p.a. (estimated)

The iShares Core U.S. Aggregate Bond ETF (AGG) is a broadly diversified bond ETF that primarily invests in U.S. government bonds, mortgage-backed securities, and corporate bonds. With a large fund volume and a very low cost ratio, it is a cost-effective way to invest in the U.S. bond market.

In times of economic uncertainty or when a decline in the stock markets is expected, AGG can be an attractive investment, as bonds tend to be considered a safe haven. The average return of around 3.5% over the last five years shows a stable performance that could be of interest to conservative investors.

However, it is important to note that the returns of bond ETFs like AGG are strongly influenced by interest rates. Rising interest rates could cause bond prices to fall, which could negatively impact the ETF's performance. Therefore, investors should consider their interest rate forecasts and risk tolerance before investing in AGG.

Dividend yield: 2.5% (estimated for 2025)
Payout frequency: Monthly

The iShares Core U.S. Aggregate Bond ETF (AGG) is known for regularly distributing dividends as it invests in a broad range of US bonds. The payouts typically occur monthly and are based on the interest income from the held bonds.

The reliability of the payouts is high as bonds generally provide stable interest income. However, dividends can fluctuate depending on the interest rate environment and changes in the bond portfolio. Historically, AGG has followed a consistent dividend policy, making it an attractive option for investors seeking regular income.