SPDR ETFs Australia - State Street SPDR S&P/ASX iBoxx Australian Government Bond ETF (GOVT.AX) belongs to the Government Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with GOVT.AX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Best Risk-Adjusted Alternatives to GOVT.AX
GOVT.AX has a PortfoliosLab risk / return rank of 14. No ETFs in the Government Bonds category have higher risk-adjusted ranks; the top alternatives shown here go as high as 14.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Russell Investments Australian Semi-Government Bon... | 14 | — | Mar 2012 | GOVT.AX vs RSM.AX | |
| iShares Treasury ETF | 13 | — | Mar 2012 | GOVT.AX vs IGB.AX | |
| BetaShares Australian Government Bond ETF | 11 | — | Jul 2019 | GOVT.AX vs AGVT.AX | |
| Vanguard Australian Government Bond Index ETF | 11 | — | Apr 2012 | GOVT.AX vs VGB.AX | |
| Russell Investments Australian Government Bond ETF | 10 | — | Mar 2012 | GOVT.AX vs RGB.AX |
Top Performing GOVT.AX Alternatives (YTD)
GOVT.AX is at 1.20% YTD. There are 4 ETFs in the Government Bonds category with higher YTD returns, going as high as 1.56%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Russell Investments Australian Government Bond ETF | 1.56% | — | Mar 2012 | GOVT.AX vs RGB.AX | |
| iShares Treasury ETF | 1.50% | — | Mar 2012 | GOVT.AX vs IGB.AX | |
| BetaShares Australian Government Bond ETF | 1.45% | — | Jul 2019 | GOVT.AX vs AGVT.AX | |
| Russell Investments Australian Semi-Government Bon... | 1.44% | — | Mar 2012 | GOVT.AX vs RSM.AX | |
| Vanguard Australian Government Bond Index ETF | 0.93% | — | Apr 2012 | GOVT.AX vs VGB.AX |
Lowest Volatility Alternatives to GOVT.AX
GOVT.AX has 4.01% 1-year volatility. There is 1 ETF in the Government Bonds category with lower 1-year volatility, going as low as 3.93%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Australian Government Bond Index ETF | 3.93% | — | Apr 2012 | GOVT.AX vs VGB.AX | |
| iShares Treasury ETF | 4.01% | — | Mar 2012 | GOVT.AX vs IGB.AX | |
| Russell Investments Australian Semi-Government Bon... | 4.05% | — | Mar 2012 | GOVT.AX vs RSM.AX | |
| BetaShares Australian Government Bond ETF | 4.95% | — | Jul 2019 | GOVT.AX vs AGVT.AX | |
| Russell Investments Australian Government Bond ETF | 5.73% | — | Mar 2012 | GOVT.AX vs RGB.AX |
Lowest Drawdown Alternatives to GOVT.AX
GOVT.AX has a 1-year max drawdown of -3.96%. There is 1 ETF in the Government Bonds category with a shallower 1-year drawdown, going as shallow as -3.87%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Treasury ETF | -3.87% | — | Mar 2012 | GOVT.AX vs IGB.AX | |
| Russell Investments Australian Semi-Government Bon... | -3.96% | — | Mar 2012 | GOVT.AX vs RSM.AX | |
| Vanguard Australian Government Bond Index ETF | -4.83% | — | Apr 2012 | GOVT.AX vs VGB.AX | |
| Russell Investments Australian Government Bond ETF | -5.77% | — | Mar 2012 | GOVT.AX vs RGB.AX | |
| BetaShares Australian Government Bond ETF | -6.03% | — | Jul 2019 | GOVT.AX vs AGVT.AX |
Other ETFs from SPDR
The 10 most viewed SPDR ETFs shown here include DJRE.AX, OZF.AX, OZR.AX and span 6 categories.
Compare GOVT.AX with Any Fund or Stock
Compare GOVT.AX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair GOVT.AX with funds that move differently
SPDR ETFs Australia - State Street SPDR S&P/ASX iBoxx Australian Government Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GOVT.AX.
Explore GOVT.AX Diversifiers