BWX vs. BND
Compare and contrast key facts about SPDR Bloomberg Barclays International Treasury Bond ETF (BWX) and Vanguard Total Bond Market ETF (BND).
BWX and BND are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BWX is a passively managed fund by State Street that tracks the performance of the Bloomberg Global Treasury x US Capped (Inception 8/31/2007). It was launched on Oct 2, 2007. BND is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Apr 3, 2007. Both BWX and BND are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BWX or BND.
Performance
BWX vs. BND - Performance Comparison
Returns By Period
In the year-to-date period, BWX achieves a -4.97% return, which is significantly lower than BND's 1.66% return. Over the past 10 years, BWX has underperformed BND with an annualized return of -1.58%, while BND has yielded a comparatively higher 1.39% annualized return.
BWX
-4.97%
-2.61%
0.81%
0.21%
-4.07%
-1.58%
BND
1.66%
-0.79%
3.22%
6.06%
-0.33%
1.39%
Key characteristics
| BWX | BND | |
|---|---|---|
| Sharpe Ratio | -0.02 | 1.09 |
| Sortino Ratio | 0.03 | 1.59 |
| Omega Ratio | 1.00 | 1.19 |
| Calmar Ratio | -0.01 | 0.42 |
| Martin Ratio | -0.04 | 3.51 |
| Ulcer Index | 4.66% | 1.75% |
| Daily Std Dev | 8.67% | 5.65% |
| Max Drawdown | -34.00% | -18.84% |
| Current Drawdown | -27.23% | -9.11% |
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BWX vs. BND - Expense Ratio Comparison
BWX has a 0.35% expense ratio, which is higher than BND's 0.03% expense ratio.
Correlation
The correlation between BWX and BND is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
BWX vs. BND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg Barclays International Treasury Bond ETF (BWX) and Vanguard Total Bond Market ETF (BND). 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.
Dividends
BWX vs. BND - Dividend Comparison
BWX's dividend yield for the trailing twelve months is around 1.95%, less than BND's 3.57% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BWX SPDR Bloomberg Barclays International Treasury Bond ETF | 1.95% | 1.62% | 1.23% | 1.00% | 0.95% | 1.16% | 1.17% | 0.46% | 0.00% | 0.00% | 1.77% | 1.88% |
BND Vanguard Total Bond Market ETF | 3.57% | 3.09% | 2.60% | 1.97% | 2.22% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% | 2.79% | 2.78% |
Drawdowns
BWX vs. BND - Drawdown Comparison
The maximum BWX drawdown since its inception was -34.00%, which is greater than BND's maximum drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for BWX and BND. For additional features, visit the drawdowns tool.
Volatility
BWX vs. BND - Volatility Comparison
SPDR Bloomberg Barclays International Treasury Bond ETF (BWX) has a higher volatility of 2.82% compared to Vanguard Total Bond Market ETF (BND) at 1.52%. This indicates that BWX's price experiences larger fluctuations and is considered to be riskier than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.