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IGOV vs. BWX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IGOV and BWX is 0.13, 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.


-0.50.00.51.0
Correlation: 0.1

Performance

IGOV vs. BWX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares International Treasury Bond ETF (IGOV) and SPDR Bloomberg Barclays International Treasury Bond ETF (BWX). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%NovemberDecember2025FebruaryMarchApril
2.14%
10.04%
IGOV
BWX

Key characteristics

Sharpe Ratio

IGOV:

0.93

BWX:

0.91

Sortino Ratio

IGOV:

1.47

BWX:

1.47

Omega Ratio

IGOV:

1.17

BWX:

1.17

Calmar Ratio

IGOV:

0.27

BWX:

0.28

Martin Ratio

IGOV:

1.90

BWX:

1.72

Ulcer Index

IGOV:

4.59%

BWX:

4.77%

Daily Std Dev

IGOV:

9.38%

BWX:

9.04%

Max Drawdown

IGOV:

-35.88%

BWX:

-34.00%

Current Drawdown

IGOV:

-24.42%

BWX:

-22.24%

Returns By Period

In the year-to-date period, IGOV achieves a 8.82% return, which is significantly higher than BWX's 7.94% return. Over the past 10 years, IGOV has underperformed BWX with an annualized return of -0.86%, while BWX has yielded a comparatively higher -0.64% annualized return.


IGOV

YTD

8.82%

1M

5.87%

6M

4.71%

1Y

9.65%

5Y*

-3.07%

10Y*

-0.86%

BWX

YTD

7.94%

1M

5.31%

6M

4.44%

1Y

8.99%

5Y*

-2.43%

10Y*

-0.64%

*Annualized

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IGOV vs. BWX - Expense Ratio Comparison

Both IGOV and BWX have an expense ratio of 0.35%.


Expense ratio chart for IGOV: current value is 0.35%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
IGOV: 0.35%
Expense ratio chart for BWX: current value is 0.35%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
BWX: 0.35%

Risk-Adjusted Performance

IGOV vs. BWX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IGOV
The Risk-Adjusted Performance Rank of IGOV is 6868
Overall Rank
The Sharpe Ratio Rank of IGOV is 7979
Sharpe Ratio Rank
The Sortino Ratio Rank of IGOV is 8080
Sortino Ratio Rank
The Omega Ratio Rank of IGOV is 7575
Omega Ratio Rank
The Calmar Ratio Rank of IGOV is 4545
Calmar Ratio Rank
The Martin Ratio Rank of IGOV is 5959
Martin Ratio Rank

BWX
The Risk-Adjusted Performance Rank of BWX is 6767
Overall Rank
The Sharpe Ratio Rank of BWX is 7878
Sharpe Ratio Rank
The Sortino Ratio Rank of BWX is 8181
Sortino Ratio Rank
The Omega Ratio Rank of BWX is 7575
Omega Ratio Rank
The Calmar Ratio Rank of BWX is 4646
Calmar Ratio Rank
The Martin Ratio Rank of BWX is 5656
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

IGOV vs. BWX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares International Treasury Bond ETF (IGOV) and SPDR Bloomberg Barclays International Treasury Bond ETF (BWX). 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.


The chart of Sharpe ratio for IGOV, currently valued at 0.93, compared to the broader market-1.000.001.002.003.004.00
IGOV: 0.93
BWX: 0.91
The chart of Sortino ratio for IGOV, currently valued at 1.47, compared to the broader market-2.000.002.004.006.008.00
IGOV: 1.47
BWX: 1.47
The chart of Omega ratio for IGOV, currently valued at 1.17, compared to the broader market0.501.001.502.002.50
IGOV: 1.17
BWX: 1.17
The chart of Calmar ratio for IGOV, currently valued at 0.27, compared to the broader market0.002.004.006.008.0010.0012.00
IGOV: 0.27
BWX: 0.28
The chart of Martin ratio for IGOV, currently valued at 1.90, compared to the broader market0.0020.0040.0060.00
IGOV: 1.90
BWX: 1.72

The current IGOV Sharpe Ratio is 0.93, which is comparable to the BWX Sharpe Ratio of 0.91. The chart below compares the historical Sharpe Ratios of IGOV and BWX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.00NovemberDecember2025FebruaryMarchApril
0.93
0.91
IGOV
BWX

Dividends

IGOV vs. BWX - Dividend Comparison

IGOV's dividend yield for the trailing twelve months is around 0.54%, less than BWX's 1.86% yield.


TTM20242023202220212020201920182017201620152014
IGOV
iShares International Treasury Bond ETF
0.54%0.59%0.00%0.11%0.39%0.00%0.24%0.31%0.19%0.69%0.22%1.28%
BWX
SPDR Bloomberg Barclays International Treasury Bond ETF
1.86%1.99%1.62%1.23%1.00%0.95%1.16%1.17%0.46%0.00%0.00%1.77%

Drawdowns

IGOV vs. BWX - Drawdown Comparison

The maximum IGOV drawdown since its inception was -35.88%, which is greater than BWX's maximum drawdown of -34.00%. Use the drawdown chart below to compare losses from any high point for IGOV and BWX. For additional features, visit the drawdowns tool.


-32.00%-30.00%-28.00%-26.00%-24.00%-22.00%NovemberDecember2025FebruaryMarchApril
-24.42%
-22.24%
IGOV
BWX

Volatility

IGOV vs. BWX - Volatility Comparison

The current volatility for iShares International Treasury Bond ETF (IGOV) is 4.05%, while SPDR Bloomberg Barclays International Treasury Bond ETF (BWX) has a volatility of 4.48%. This indicates that IGOV experiences smaller price fluctuations and is considered to be less risky than BWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.50%2.00%2.50%3.00%3.50%4.00%4.50%NovemberDecember2025FebruaryMarchApril
4.05%
4.48%
IGOV
BWX