iShares Global Government Bond USD Hedged Active ETF (GGOV) 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 GGOV. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to GGOV
GGOV charges 0.39% annually. There are 12 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% | 1.90B | Sep 2018 | GGOV vs BNDW | |
| iShares Core International Aggregate Bond ETF | 0.07% | 11.21B | Nov 2015 | GGOV vs IAGG | |
| Vanguard Total International Bond ETF | 0.07% | 123.30B | May 2013 | GGOV vs BNDX | |
| Nuveen International Aggregate Bond ETF | 0.08% | 3.86B | Sep 2025 | GGOV vs NXUS | |
| Avantis Credit ETF | 0.19% | 20.33M | Apr 2025 | GGOV vs AVGB |
Best Risk-Adjusted Alternatives to GGOV
GGOV has a PortfoliosLab risk / return rank of 9. There are 13 ETFs in the Global Bonds category with higher risk-adjusted ranks, going as high as 42.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Avantis Credit ETF | 42 | 20.33M | Apr 2025 | GGOV vs AVGB | |
| JPMorgan International Bond Opportunities ETF | 34 | 2.10B | Apr 2017 | GGOV vs JPIB | |
| iShares USD Green Bond ETF | 32 | 500.56M | Nov 2018 | GGOV vs BGRN | |
| VanEck Green Bond ETF | 31 | 184.22M | Mar 2017 | GGOV vs GRNB | |
| Frontier Asset Opportunistic Credit ETF | 30 | 34.88M | Dec 2024 | GGOV vs FOPC |
Top Performing GGOV Alternatives (YTD)
GGOV is at 2.61% YTD. No ETFs in the Global Bonds category have higher YTD returns; the top-performing alternatives shown here go as high as 2.33%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| T. Rowe Price Multi-Sector Income ETF | 2.33% | 58.52M | Nov 2025 | GGOV vs TMSF | |
| iShares Core International Aggregate Bond ETF | 1.21% | 11.21B | Nov 2015 | GGOV vs IAGG | |
| JPMorgan International Bond Opportunities ETF | 0.93% | 2.10B | Apr 2017 | GGOV vs JPIB | |
| Dimensional Global Core Plus Fixed Income ETF | 0.93% | 3.37B | Nov 2023 | GGOV vs DFGP | |
| Dimensional Global Ex US Core Fixed Income ETF | 0.87% | 1.72B | Nov 2023 | GGOV vs DFGX |
Lowest Volatility Alternatives to GGOV
GGOV has 5.22% 1-year volatility. There are 15 ETFs in the Global Bonds category with lower 1-year volatility, going as low as 2.52%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Avantis Credit ETF | 2.52% | 20.33M | Apr 2025 | GGOV vs AVGB | |
| T. Rowe Price Multi-Sector Income ETF | 2.82% | 58.52M | Nov 2025 | GGOV vs TMSF | |
| Frontier Asset Opportunistic Credit ETF | 2.87% | 34.88M | Dec 2024 | GGOV vs FOPC | |
| iShares USD Green Bond ETF | 2.89% | 500.56M | Nov 2018 | GGOV vs BGRN | |
| iShares Core International Aggregate Bond ETF | 2.90% | 11.21B | Nov 2015 | GGOV vs IAGG |
Lowest Drawdown Alternatives to GGOV
GGOV has a 1-year max drawdown of -4.69%. There are 13 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% | 20.33M | Apr 2025 | GGOV vs AVGB | |
| Frontier Asset Opportunistic Credit ETF | -2.18% | 34.88M | Dec 2024 | GGOV vs FOPC | |
| iShares USD Green Bond ETF | -2.23% | 500.56M | Nov 2018 | GGOV vs BGRN | |
| iShares Core International Aggregate Bond ETF | -2.32% | 11.21B | Nov 2015 | GGOV vs IAGG | |
| VanEck Green Bond ETF | -2.51% | 184.22M | Mar 2017 | GGOV vs GRNB |
Other ETFs from iShares
The 10 most viewed iShares ETFs shown here include SGOV, IBIT, SOXX and span 14 categories. AUM among these funds goes as high as $869B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 2.13% | 99.95B | May 2020 | GGOV vs SGOV | |
| iShares Bitcoin Trust ETF | Cryptocurrency | 2 | -27.17% | 46.52B | Jan 2024 | GGOV vs IBIT | |
| iShares Semiconductor ETF | Semiconductors, Technology Equities | 90 | 68.76% | 44.69B | Jul 2001 | GGOV vs SOXX | |
| iShares Core S&P 500 ETF | S&P 500 | 78 | 11.75% | 869.20B | May 2000 | GGOV vs IVV | |
| iShares Core Dividend Growth ETF | Large Cap Growth Equities, Dividend | 92 | 13.79% | 42.77B | Jun 2014 | GGOV vs DGRO | |
| iShares 20+ Year Treasury Bond ETF | Government Bonds, Long-Term Bond | 7 | -3.18% | 41.54B | Jul 2002 | GGOV vs TLT | |
| iShares Silver Trust | Silver, Precious Metals | 35 | -18.57% | 28.08B | Apr 2006 | GGOV vs SLV | |
| iShares Gold Trust | Gold, Precious Metals | 28 | -6.14% | 59.74B | Jan 2005 | GGOV vs IAU | |
| iShares Russell 2000 ETF | Small Cap Blend Equities | 85 | 20.84% | 80.11B | May 2000 | GGOV vs IWM | |
| iShares MSCI ACWI ETF | Global Equities | 77 | 12.35% | 32.49B | Mar 2008 | GGOV vs ACWI |
Often Compared With GGOV
Investors most often compare GGOV with BCKT, LFBE, LFDR. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare GGOV with Any Fund or Stock
Compare GGOV with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair GGOV with funds that move differently
iShares Global Government Bond USD Hedged Active ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GGOV.
Explore GGOV Diversifiers