BCKT vs. GGOV

Last updated Jun 3, 2026

BCKT (LifeX 2030 Income Bucket ETF) and GGOV (iShares Global Government Bond USD Hedged Active ETF) are both exchange-traded funds - BCKT is a Government Bonds fund actively managed by Stone Ridge, while GGOV is a Global Bonds fund managed by iShares. A 0.51 correlation means they provide meaningful diversification when combined. BCKT charges 0.25%/yr vs 0.39%/yr for GGOV.

Performance

BCKT vs. GGOV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LifeX 2030 Income Bucket ETF (BCKT) and iShares Global Government Bond USD Hedged Active ETF (GGOV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BCKT achieves a 0.36% return, which is significantly lower than GGOV's 2.47% return.

BCKT

• 1D: 0.01%
• 1M: -0.04%
• YTD: 0.36%
• 6M: 0.62%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GGOV

• 1D: -0.12%
• 1M: 0.55%
• YTD: 2.47%
• 6M: -0.76%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BCKT vs. GGOV - Yearly Performance Comparison

	2026 (YTD)	2025
BCKT LifeX 2030 Income Bucket ETF	0.36%	1.09%
GGOV iShares Global Government Bond USD Hedged Active ETF	2.47%	-2.67%

Correlation

The correlation between BCKT and GGOV is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 25, 2025	0.51

Return for Risk

BCKT vs. GGOV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LifeX 2030 Income Bucket ETF (BCKT) and iShares Global Government Bond USD Hedged Active ETF (GGOV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BCKT	GGOV	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.40	-0.08	+1.48

Drawdowns

BCKT vs. GGOV - Drawdown Comparison

The maximum BCKT drawdown since its inception was -1.00%, smaller than the maximum GGOV drawdown of -4.69%. Use the drawdown chart below to compare losses from any high point for BCKT and GGOV.

Drawdown Indicators

	BCKT	GGOV	Difference
Max Drawdown Largest peak-to-trough decline	-1.00%	-4.69%	+3.69%
Current Drawdown Current decline from peak	-0.54%	-1.34%	+0.80%
Average Drawdown Average peak-to-trough decline	-0.26%	-1.59%	+1.33%

Volatility

Volatility by Period

	BCKT	GGOV	Difference
Volatility (1Y) Calculated over the trailing 1-year period	1.53%	5.39%	-3.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.53%	5.39%	-3.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.53%	5.39%	-3.86%

BCKT vs. GGOV - Expense Ratio Comparison

BCKT has a 0.25% expense ratio, which is lower than GGOV's 0.39% expense ratio.

Dividends

BCKT vs. GGOV - Dividend Comparison

BCKT's dividend yield for the trailing twelve months is around 17.95%, while GGOV has not paid dividends to shareholders.

Position	TTM	2025
BCKT LifeX 2030 Income Bucket ETF	17.95%	5.36%
GGOV iShares Global Government Bond USD Hedged Active ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both BCKT and GGOV in my portfolio?

BCKT and GGOV have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BCKT or GGOV?

On fees, BCKT is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BCKT or GGOV?

BCKT is cheaper with a 0.25% expense ratio, compared with 0.39% for GGOV.

Which ETF pays a higher dividend yield, BCKT or GGOV?

BCKT has the higher dividend yield at 17.95%, compared with 0.00% for GGOV.

What is the main difference between BCKT and GGOV?

BCKT is categorized as Government Bonds, while GGOV is Global Bonds. They also come from different issuers: Stone Ridge and iShares. Their fees differ too: 0.25% for BCKT and 0.39% for GGOV.