BWZ vs. ISHG
Compare and contrast key facts about SPDR Bloomberg Barclays Short Term International Treasury Bond ETF (BWZ) and iShares 1-3 Year International Treasury Bond ETF (ISHG).
BWZ and ISHG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BWZ is a passively managed fund by State Street that tracks the performance of the Bloomberg Global Treasury (1-3 Y) Customized. It was launched on Jan 15, 2009. ISHG is a passively managed fund by iShares that tracks the performance of the S&P/Citigroup International Treasury Bond Index Ex-US 1-3 Year. It was launched on Jan 21, 2009. Both BWZ and ISHG 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: BWZ or ISHG.
Correlation
The correlation between BWZ and ISHG is 0.17, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BWZ vs. ISHG - Performance Comparison
Key characteristics
BWZ:
1.09
ISHG:
1.30
BWZ:
1.75
ISHG:
2.16
BWZ:
1.20
ISHG:
1.24
BWZ:
0.28
ISHG:
0.30
BWZ:
2.12
ISHG:
2.70
BWZ:
4.01%
ISHG:
3.59%
BWZ:
7.80%
ISHG:
7.48%
BWZ:
-34.23%
ISHG:
-37.24%
BWZ:
-23.02%
ISHG:
-24.64%
Returns By Period
In the year-to-date period, BWZ achieves a 8.89% return, which is significantly lower than ISHG's 9.80% return. Over the past 10 years, BWZ has underperformed ISHG with an annualized return of -0.49%, while ISHG has yielded a comparatively higher -0.21% annualized return.
BWZ
8.89%
4.80%
5.49%
9.03%
-0.37%
-0.49%
ISHG
9.80%
5.18%
6.12%
10.08%
0.04%
-0.21%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BWZ vs. ISHG - Expense Ratio Comparison
Both BWZ and ISHG have an expense ratio of 0.35%.
Risk-Adjusted Performance
BWZ vs. ISHG — Risk-Adjusted Performance Rank
BWZ
ISHG
BWZ vs. ISHG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg Barclays Short Term International Treasury Bond ETF (BWZ) and iShares 1-3 Year International Treasury Bond ETF (ISHG). 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
BWZ vs. ISHG - Dividend Comparison
BWZ's dividend yield for the trailing twelve months is around 2.29%, less than ISHG's 2.33% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BWZ SPDR Bloomberg Barclays Short Term International Treasury Bond ETF | 2.29% | 2.47% | 1.63% | 0.44% | 0.60% | 0.13% | 0.43% | 1.10% | 0.40% | 0.13% | 0.06% | 0.19% |
ISHG iShares 1-3 Year International Treasury Bond ETF | 2.33% | 2.56% | 0.18% | 0.00% | 1.29% | 0.00% | 0.00% | 1.80% | 0.46% | 0.00% | 0.09% | 0.42% |
Drawdowns
BWZ vs. ISHG - Drawdown Comparison
The maximum BWZ drawdown since its inception was -34.23%, smaller than the maximum ISHG drawdown of -37.24%. Use the drawdown chart below to compare losses from any high point for BWZ and ISHG. For additional features, visit the drawdowns tool.
Volatility
BWZ vs. ISHG - Volatility Comparison
The current volatility for SPDR Bloomberg Barclays Short Term International Treasury Bond ETF (BWZ) is 3.38%, while iShares 1-3 Year International Treasury Bond ETF (ISHG) has a volatility of 3.84%. This indicates that BWZ experiences smaller price fluctuations and is considered to be less risky than ISHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.