SPDR Bloomberg International Treasury Bond ETF
$21.39+0.01 (+0.07%)
- 0.35%
- $1.33B
- −3.5%
- 2.45%
- 481K sh
- low $20.99high $23.12
The ETF.net BWX Grade
B
Score 62 out of 100
- 3 of 6
Score 62 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C49 out of 100Rank 2 of 6Mission
Whether the fund did what it promised, tested against its stated mandate.A98 out of 100Rank 2 of 6Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D27 out of 100Rank 6 of 6Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C53 out of 100Rank 3 of 6Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A79 out of 100Rank 2 of 6Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B61 out of 100Rank 3 of 6
Our read on BWX
In short
BGovernment bonds from everywhere but here, in their own currencies. BWX has held developed-market sovereign debt since 2007, unhedged, so returns ride the bonds and the exchange rate together.
Stated mandate
The fund seeks to track the Bloomberg Global Treasury ex-US Capped Index, providing exposure to fixed-rate, local-currency sovereign bonds from investment-grade countries outside the United States.
Why people hold it
Worth knowing
BWX Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
BWX$9,650
Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | BWX |
|---|---|
| Year to date | −3.2% |
| 1 month | +1.3% |
| 3 months | −0.8% |
| 1 year | −3.5% |
| 3 years | +2.9% |
| 5 years | −3.9% |
| 10 years | −1.2% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | BWX |
|---|---|---|
| 2026 YTD | −3.2% | |
| 2025 | +7.7% | |
| 2024 | −5.9% | |
| 2023 | +5.1% | |
| 2022 | −19.7% | |
| 2021 | −8.7% | |
| 2020 | +9.5% |
BWX in the news
BWX Dividends
- 2.45%
- $0.53
- $0.04 per share
- Monthly
BWX Risk
- 9.3%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.12
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −28.7%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.39
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
BWX Cost
Overpaying vs EBND, cheapest in International Sovereign
$977
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
BWX 0.35%
$7,126
EBND 0.30% Cheapest
$6,149
Cost over time
Year by year
| Year | BWX | EBND | Overpaying |
|---|---|---|---|
| 10 | $634 | $545 | $89 |
| 20 | $2,454 | $2,113 | $341 |
| 30 | $7,126 | $6,149 | $977 |
Other funds in International Sovereign
- BEBNDSPDR Bloomberg Emerging Markets Local Bond ETFExpense ratio 0.30%1 year return +2.4%
- BIGOViShares International Treasury Bond ETFExpense ratio 0.35%1 year return −3.3%
- BISHGiShares 1-3 Year International Treasury Bond ETFExpense ratio 0.35%1 year return −0.1%
- DGGOViShares Global Government Bond USD Hedged Active ETFExpense ratio 0.39%1 year return +4.7%
- DWIPSPDR FTSE International Government Inflation-Protected Bond ETFExpense ratio 0.50%1 year return +3.3%
