![How does the AGG ETF work?](/analysis-quote/_next/image?url=https%3A%2F%2Fstrapi.etfinsider.co%2Fuploads%2FETF_Insider_find_etf_overlap_optimization_1864a3429b.jpg&w=750&q=75)
How does the AGG ETF work?
The AGG ETF, also known as the iShares Core U.S. aggregate Bond ETF, is a fund that aims to track the performance of the Bloomberg Barclays U.S. aggregate Bond Index. This index represents the U.S. investment-grade bond market and includes a diverse range of fixed-income securities, such as government bonds, corporate bonds, and mortgage-backed securities. By investing in AGG, investors can gain exposure to a broad portfolio of bonds, providing potential income and diversification benefits to their investment portfolios.