AGG — iShares Core US Aggregate Bond ETF

iShares (BlackRock) · Expense Ratio: 0.03% · US Bonds · 3bp below the US Bonds category average of 0.06%

Portfolio Hedge

Key Facts

TickerAGG
Full NameiShares Core US Aggregate Bond ETF
ProvideriShares (BlackRock)
Expense Ratio0.03%
CategoryUS Bonds
Assets Under Management$120B
Inception Year2003 (23 years ago)
Number of Holdings13,000
Dividend Yield~3.4% (high)
Top HoldingsUS Treasuries, MBS, Corp Bonds

What Is AGG?

AGG, managed by iShares (BlackRock), launched in 2003, is one of the largest ETFs in the world with exceptional liquidity in the US Bonds category. US bond market ETF providing fixed income exposure to government and corporate bonds. With $120B in assets under management, it is among the most liquid and widely traded ETFs available.

AGG in a FIRE Portfolio

Bonds and inflation-protected securities act as portfolio ballast — reducing volatility and providing stability during the distribution phase for FIRE investors.

As a portfolio hedge:

Bonds stabilize your portfolio during stock market crashes. In a FIRE portfolio, a common allocation is 97% stocks / 3% bonds (the "97 minus your age" rule). Bond funds like AGG provide the fixed-income portion of this allocation.

Cost Analysis: How AGG's 0.03% Fee Affects Your FIRE Timeline

At 0.03%, AGG is in the ultra-low-cost tier. On a $100,000 investment, you pay just $30/year in fees. Over 30 years, the fee drag is approximately less than 1% of your total returns — essentially negligible for FIRE planning. This is about as close to "free" as ETFs get.

Dividend Income Potential

With a high dividend yield of approximately 3.4%, here's what AGG could generate in annual income at different portfolio sizes:

Portfolio Value Annual Dividend Income Monthly Income
$100,000 $3,400/year $283/month
$250,000 $8,500/year $708/month
$500,000 $17,000/year $1,417/month
$1,000,000 $34,000/year $2,833/month
This is a high-yield fund. A $1M position would generate $34,000/year — potentially covering a significant portion of your FIRE living expenses from dividends alone. However, high yields can sometimes signal higher risk or limited growth potential.

Frequently Asked Questions About AGG

What is the expense ratio for AGG?

AGG has an expense ratio of 0.03%. This is ultra-low-cost — on a $100K portfolio, annual fees are $30. 3bp below the us bonds category average of 0.06%.

Is AGG good for a FIRE portfolio?

Bonds and inflation-protected securities act as portfolio ballast — reducing volatility and providing stability during the distribution phase for FIRE investors. Its 0.03% expense ratio is ultra-low-cost for the US Bonds category.

How does the 0.03% fee affect long-term returns?

At 0.03%, the fee impact is minimal — less than $50/year on a $100K portfolio. Over a 30-year FIRE timeline, the cumulative fee drag is under 1% of total returns, making AGG an extremely efficient choice.

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