BWX vs. IAGG
Compare and contrast key facts about SPDR Bloomberg Barclays International Treasury Bond ETF (BWX) and iShares Core International Aggregate Bond ETF (IAGG).
BWX and IAGG 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. IAGG is a passively managed fund by iShares that tracks the performance of the Barclays Global Aggregate ex USD 10% Issuer Capped (Hedged) Index. It was launched on Nov 10, 2015. Both BWX and IAGG 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 IAGG.
Performance
BWX vs. IAGG - Performance Comparison
Returns By Period
In the year-to-date period, BWX achieves a -4.97% return, which is significantly lower than IAGG's 3.84% return.
BWX
-4.97%
-2.61%
0.81%
0.21%
-4.07%
-1.58%
IAGG
3.84%
0.14%
4.19%
7.31%
0.55%
N/A
Key characteristics
| BWX | IAGG | |
|---|---|---|
| Sharpe Ratio | -0.02 | 1.94 |
| Sortino Ratio | 0.03 | 2.97 |
| Omega Ratio | 1.00 | 1.35 |
| Calmar Ratio | -0.01 | 0.85 |
| Martin Ratio | -0.04 | 10.49 |
| Ulcer Index | 4.66% | 0.70% |
| Daily Std Dev | 8.67% | 3.80% |
| Max Drawdown | -34.00% | -13.88% |
| Current Drawdown | -27.23% | -1.46% |
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BWX vs. IAGG - Expense Ratio Comparison
BWX has a 0.35% expense ratio, which is higher than IAGG's 0.09% expense ratio.
Correlation
The correlation between BWX and IAGG is 0.48, 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. IAGG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg Barclays International Treasury Bond ETF (BWX) and iShares Core International Aggregate Bond ETF (IAGG). 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. IAGG - Dividend Comparison
BWX's dividend yield for the trailing twelve months is around 1.95%, less than IAGG's 3.42% 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% |
IAGG iShares Core International Aggregate Bond ETF | 3.42% | 3.55% | 2.28% | 1.16% | 1.95% | 2.82% | 3.02% | 1.74% | 1.56% | 0.13% | 0.00% | 0.00% |
Drawdowns
BWX vs. IAGG - Drawdown Comparison
The maximum BWX drawdown since its inception was -34.00%, which is greater than IAGG's maximum drawdown of -13.88%. Use the drawdown chart below to compare losses from any high point for BWX and IAGG. For additional features, visit the drawdowns tool.
Volatility
BWX vs. IAGG - Volatility Comparison
SPDR Bloomberg Barclays International Treasury Bond ETF (BWX) has a higher volatility of 2.82% compared to iShares Core International Aggregate Bond ETF (IAGG) at 0.87%. This indicates that BWX's price experiences larger fluctuations and is considered to be riskier than IAGG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.