If you’ve been dutifully invested in a bond fund as part of managing risk within your portfolio, you’re likely familiar with AGG, the iShares core U.S. aggregate bond ETF. A one-stop shop for investors looking to hedge a portion of their portfolios with bonds, AGG was designed to track the Bloomberg Barclays U.S. Aggregate Bond Index, an intermediate term, market cap-weighed index representing most U.S. traded investment grade bonds - including Treasuries, government agency, mortgage-backed, corporate, and some foreign bonds. [More details on this Bloomberg Factsheet.]
AGG isn’t alone in trying to replicate the