GGOV vs. BCKT

Last updated Jun 23, 2026

GGOV (iShares Global Government Bond USD Hedged Active ETF) and BCKT (LifeX 2030 Income Bucket ETF) are both exchange-traded funds - GGOV is a Global Bonds fund managed by iShares, while BCKT is a Government Bonds fund actively managed by Stone Ridge. A 0.53 correlation means they provide meaningful diversification when combined. GGOV charges 0.39%/yr vs 0.25%/yr for BCKT.

Performance

GGOV vs. BCKT - Performance Comparison

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

Returns By Period

In the year-to-date period, GGOV achieves a 2.73% return, which is significantly higher than BCKT's 0.24% return.

GGOV

• 1D: -0.18%
• 1M: 0.58%
• YTD: 2.73%
• 6M: 2.64%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BCKT

• 1D: -0.11%
• 1M: 0.11%
• YTD: 0.24%
• 6M: 0.24%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GGOV vs. BCKT - Yearly Performance Comparison

	2026 (YTD)	2025
GGOV iShares Global Government Bond USD Hedged Active ETF	2.73%	-2.85%
BCKT LifeX 2030 Income Bucket ETF	0.24%	1.09%

Correlation

The correlation between GGOV and BCKT is 0.53, 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 24, 2025	0.53

Return for Risk

GGOV vs. BCKT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global Government Bond USD Hedged Active ETF (GGOV) and LifeX 2030 Income Bucket ETF (BCKT). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

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

Drawdowns

GGOV vs. BCKT - Drawdown Comparison

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

Drawdown Indicators

	GGOV	BCKT	Difference
Max Drawdown Largest peak-to-trough decline	-4.69%	-1.00%	-3.69%
Current Drawdown Current decline from peak	-1.08%	-0.66%	-0.42%
Average Drawdown Average peak-to-trough decline	-1.57%	-0.28%	-1.29%

Volatility

Volatility by Period

	GGOV	BCKT	Difference
Volatility (1Y) Calculated over the trailing 1-year period	5.29%	1.57%	+3.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.29%	1.57%	+3.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.29%	1.57%	+3.72%

GGOV vs. BCKT - Expense Ratio Comparison

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

Dividends

GGOV vs. BCKT - Dividend Comparison

GGOV has not paid dividends to shareholders, while BCKT's dividend yield for the trailing twelve months is around 17.97%.

Position	TTM	2025
BCKT LifeX 2030 Income Bucket ETF	17.97%	5.36%
GGOV iShares Global Government Bond USD Hedged Active ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both GGOV and BCKT in my portfolio?

GGOV and BCKT have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GGOV or BCKT?

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, GGOV or BCKT?

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

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

BCKT has the higher dividend yield at 17.97%, compared with 0.00% for GGOV.

What is the main difference between GGOV and BCKT?

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