iShares Global AAA-AA Government Bond UCITS (IAAA.L)
The investment objective of the Fund is to provide investors with a total return, taking into account both capital and income returns, which reflects the return of the Barclays Global Government AAA-AA Capped Bond Index.
ETF Info
| ISIN | IE00B87G8S03 |
|---|---|
| Issuer | iShares |
| Inception Date | Oct 3, 2012 |
| Category | Global Bonds |
| Leveraged | 1x |
| Index Tracked | Bloomberg Global Aggregate TR USD |
| Asset Class | Bond |
Expense Ratio
IAAA.L has an expense ratio of 0.20%, which is considered low compared to other funds.
Share Price Chart
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Compare to other instruments
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Popular comparisons: IAAA.L vs. IGLO.L, IAAA.L vs. SPY, IAAA.L vs. BSV, IAAA.L vs. LQDA.L, IAAA.L vs. LQD, IAAA.L vs. AGGU.L
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in iShares Global AAA-AA Government Bond UCITS, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
iShares Global AAA-AA Government Bond UCITS had a return of -2.80% year-to-date (YTD) and 6.81% in the last 12 months. Over the past 10 years, iShares Global AAA-AA Government Bond UCITS had an annualized return of -1.19%, while the S&P 500 had an annualized return of 11.43%, indicating that iShares Global AAA-AA Government Bond UCITS did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -2.80% | 25.82% |
| 1 month | -2.26% | 3.20% |
| 6 months | 2.04% | 14.94% |
| 1 year | 6.81% | 35.92% |
| 5 years (annualized) | -2.83% | 14.22% |
| 10 years (annualized) | -1.19% | 11.43% |
Monthly Returns
The table below presents the monthly returns of IAAA.L, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -2.53% | -1.68% | 0.70% | -2.75% | 1.55% | 0.12% | 2.44% | 2.88% | 1.83% | -4.35% | -2.80% | ||
| 2023 | 3.80% | -4.54% | 4.22% | 0.91% | -2.96% | 1.27% | 0.60% | -1.56% | -4.02% | -0.81% | 6.41% | 5.36% | 8.24% |
| 2022 | -2.69% | -0.81% | -3.38% | -6.73% | -0.28% | -3.81% | 2.53% | -5.91% | -6.55% | 0.82% | 5.25% | -0.84% | -20.86% |
| 2021 | -1.44% | -2.98% | -1.75% | 1.39% | 1.16% | -1.54% | 1.77% | -1.04% | -2.89% | 0.50% | -0.90% | -0.54% | -8.08% |
| 2020 | 1.26% | 0.70% | -1.62% | 1.57% | 0.37% | 1.43% | 4.60% | -0.46% | -0.47% | -0.28% | 2.03% | 2.26% | 11.86% |
| 2019 | 1.64% | -0.68% | 1.13% | -0.87% | 0.98% | 2.80% | -0.87% | 1.81% | -1.23% | 0.77% | -1.11% | 0.58% | 4.97% |
| 2018 | 1.71% | -1.82% | 1.67% | -2.06% | -1.22% | -0.12% | -0.25% | -0.23% | -0.58% | -1.80% | 0.58% | 1.24% | -2.93% |
| 2017 | 0.90% | 0.30% | -0.14% | 1.52% | 2.27% | 0.40% | 2.45% | 1.25% | -0.89% | -0.88% | 1.55% | 0.62% | 9.71% |
| 2016 | 1.25% | 1.56% | 3.84% | -0.19% | -1.33% | 2.08% | 1.11% | -0.47% | 0.26% | -4.22% | -3.60% | 0.05% | 0.08% |
| 2015 | -2.34% | -0.86% | -1.90% | 1.99% | -2.18% | -0.79% | 0.32% | 0.22% | -0.11% | 0.02% | -2.58% | 0.69% | -7.36% |
| 2014 | 0.63% | 1.66% | 0.05% | 1.24% | 0.16% | 0.87% | -1.01% | 0.54% | -3.55% | 0.05% | -0.01% | -0.59% | -0.06% |
| 2013 | -2.95% | -0.49% | 2.52% | -3.56% | -1.36% | 1.56% | -0.77% | 2.77% | 0.74% | -0.47% | -0.61% | -2.79% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of IAAA.L is 16, indicating that it is in the bottom 16% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for iShares Global AAA-AA Government Bond UCITS (IAAA.L) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
iShares Global AAA-AA Government Bond UCITS provided a 2.32% dividend yield over the last twelve months, with an annual payout of $1.78 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.78 | $1.23 | $0.57 | $0.47 | $0.60 | $0.83 | $0.85 | $0.73 | $0.77 | $0.95 | $1.32 | $0.99 |
Dividend yield | 2.32% | 1.52% | 0.75% | 0.48% | 0.56% | 0.88% | 0.94% | 0.77% | 0.88% | 1.08% | 1.38% | 1.02% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares Global AAA-AA Government Bond UCITS. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.86 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.92 | $0.00 | $1.78 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.52 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.71 | $0.00 | $0.00 | $1.23 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.57 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.47 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.60 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.40 | $0.00 | $0.00 | $0.83 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.41 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.44 | $0.00 | $0.00 | $0.85 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.35 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.73 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.39 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.77 |
| 2015 | $0.00 | $0.00 | $0.53 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.42 | $0.00 | $0.00 | $0.95 |
| 2014 | $0.00 | $0.00 | $0.70 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.62 | $0.00 | $0.00 | $0.00 | $1.32 |
| 2013 | $0.45 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.54 | $0.00 | $0.00 | $0.00 | $0.99 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the iShares Global AAA-AA Government Bond UCITS. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the iShares Global AAA-AA Government Bond UCITS was 32.79%, occurring on Oct 10, 2022. The portfolio has not yet recovered.
The current iShares Global AAA-AA Government Bond UCITS drawdown is 23.50%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -32.79% | Jan 5, 2021 | 445 | Oct 10, 2022 | — | — | — |
| -13.21% | Aug 18, 2014 | 592 | Dec 15, 2016 | 664 | Aug 7, 2019 | 1256 |
| -11.24% | Mar 10, 2020 | 8 | Mar 19, 2020 | 88 | Jul 27, 2020 | 96 |
| -6.95% | Feb 1, 2013 | 55 | Jul 5, 2013 | 175 | Mar 13, 2014 | 230 |
| -3.11% | Aug 29, 2019 | 53 | Nov 12, 2019 | 75 | Feb 28, 2020 | 128 |
Volatility
Volatility Chart
The current iShares Global AAA-AA Government Bond UCITS volatility is 1.95%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.