iShares USD Green Bond ETF (BGRN) belongs to the Global Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with BGRN. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BGRN
BGRN charges 0.20% annually. There are 4 ETFs in the Global Bonds category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Total World Bond ETF | 0.05% | 1.60B | Sep 2018 | BGRN vs BNDW | |
| Vanguard Total International Bond ETF | 0.07% | 118.10B | May 2013 | BGRN vs BNDX | |
| iShares Core International Aggregate Bond ETF | 0.07% | 13.48B | Nov 2015 | BGRN vs IAGG | |
| Avantis Credit ETF | 0.19% | 12.70M | Apr 2025 | BGRN vs AVGB | |
| VanEck Green Bond ETF | 0.20% | 180.68M | Mar 2017 | BGRN vs GRNB |
Best Risk-Adjusted Alternatives to BGRN
BGRN has a PortfoliosLab risk / return rank of 50. There is 1 ETF in the Global Bonds category with a higher risk-adjusted rank, going as high as 53.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Avantis Credit ETF | 53 | 12.70M | Apr 2025 | BGRN vs AVGB | |
| VanEck Green Bond ETF | 47 | 180.68M | Mar 2017 | BGRN vs GRNB | |
| Frontier Asset Opportunistic Credit ETF | 47 | 34.88M | Dec 2024 | BGRN vs FOPC | |
| Dimensional Global Credit ETF | 43 | 1.03B | Nov 2023 | BGRN vs DGCB | |
| JPMorgan International Bond Opportunities ETF | 37 | 2.01B | Apr 2017 | BGRN vs JPIB |
Top Performing BGRN Alternatives (YTD)
BGRN is at 0.43% YTD. There are 11 ETFs in the Global Bonds category with higher YTD returns, going as high as 2.30%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Global Government Bond USD Hedged Active E... | 2.30% | 44.04M | Jun 2025 | BGRN vs GGOV | |
| T. Rowe Price Multi-Sector Income ETF | 1.71% | 28.83M | Nov 2025 | BGRN vs TMSF | |
| Dimensional Global Credit ETF | 1.22% | 1.03B | Nov 2023 | BGRN vs DGCB | |
| Dimensional Global Core Plus Fixed Income ETF | 1.11% | 2.57B | Nov 2023 | BGRN vs DFGP | |
| iShares Core International Aggregate Bond ETF | 0.92% | 13.48B | Nov 2015 | BGRN vs IAGG |
Lowest Volatility Alternatives to BGRN
BGRN has 2.97% 1-year volatility. There are 5 ETFs in the Global Bonds category with lower 1-year volatility, going as low as 2.48%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Avantis Credit ETF | 2.48% | 12.70M | Apr 2025 | BGRN vs AVGB | |
| iShares Core International Aggregate Bond ETF | 2.84% | 13.48B | Nov 2015 | BGRN vs IAGG | |
| Frontier Asset Opportunistic Credit ETF | 2.86% | 34.88M | Dec 2024 | BGRN vs FOPC | |
| T. Rowe Price Multi-Sector Income ETF | 2.94% | 28.83M | Nov 2025 | BGRN vs TMSF | |
| VanEck Green Bond ETF | 2.96% | 180.68M | Mar 2017 | BGRN vs GRNB |
Lowest Drawdown Alternatives to BGRN
BGRN has a 1-year max drawdown of -2.23%. There are 2 ETFs in the Global Bonds category with shallower 1-year drawdowns, going as shallow as -2.12%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Avantis Credit ETF | -2.12% | 12.70M | Apr 2025 | BGRN vs AVGB | |
| Frontier Asset Opportunistic Credit ETF | -2.18% | 34.88M | Dec 2024 | BGRN vs FOPC | |
| iShares Core International Aggregate Bond ETF | -2.32% | 13.48B | Nov 2015 | BGRN vs IAGG | |
| VanEck Green Bond ETF | -2.51% | 180.68M | Mar 2017 | BGRN vs GRNB | |
| Vanguard Total World Bond ETF | -2.70% | 1.60B | Sep 2018 | BGRN vs BNDW |
Other ETFs from iShares
The 10 most viewed iShares ETFs shown here include SGOV, IBIT, IVV and span 14 categories. AUM among these funds goes as high as $855B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 1.51% | 91.90B | May 2020 | BGRN vs SGOV | |
| iShares Bitcoin Trust ETF | Cryptocurrency | 2 | -25.48% | 58.12B | Jan 2024 | BGRN vs IBIT | |
| iShares Core S&P 500 ETF | S&P 500 | 70 | 10.85% | 854.92B | May 2000 | BGRN vs IVV | |
| iShares 20+ Year Treasury Bond ETF | Government Bonds, Long-Term Bond | 16 | -0.27% | 42.90B | Jul 2002 | BGRN vs TLT | |
| iShares Semiconductor ETF | Semiconductors, Technology Equities | 97 | 104.57% | 38.37B | Jul 2001 | BGRN vs SOXX | |
| iShares Core Dividend Growth ETF | Large Cap Growth Equities, Dividend | 71 | 8.76% | 40.46B | Jun 2014 | BGRN vs DGRO | |
| iShares Silver Trust | Silver, Precious Metals | 47 | 2.78% | 36.82B | Apr 2006 | BGRN vs SLV | |
| iShares Gold Trust | Gold, Precious Metals | 32 | 2.98% | 69.92B | Jan 2005 | BGRN vs IAU | |
| iShares Russell 2000 ETF | Small Cap Blend Equities | 62 | 17.07% | 80.93B | May 2000 | BGRN vs IWM | |
| iShares MSCI ACWI ETF | Global Equities | 66 | 12.13% | 32.93B | Mar 2008 | BGRN vs ACWI |
Often Compared With BGRN
Investors most often compare BGRN with VCEB, STIP, AAPL. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare BGRN with Any Fund or Stock
Compare BGRN with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BGRN with funds that move differently
iShares USD Green Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BGRN.
Explore BGRN Diversifiers