SPDR Bloomberg International Treasury Bond ETF
$21.30−0.26 (−1.21%)
- Expense ratio
- 0.35%
- Fund size
- $1.3B
- 1Y return
- −4.4%
- Yield · Last 12 months
- 2.43%
- Holdings
- 1444
- Volume · 30D
- 0.5M sh
- NAV per share
- $21.54
- 52W range
The ETF.net BWX Grade
Score 61 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.CScore 49Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 97Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 29Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 50Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 79Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 61Category rank
Our read on BWX
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.
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
- Broad by design: roughly 1,400 sovereign bonds tracking the Bloomberg Global Treasury ex-US Capped Index, where the cap keeps one government from swallowing the portfolio.ssga.com
- Index tracking is tight, and the 0.35% fee is the going rate in this corner (IGOV and ISHG charge the same).
- A 2007 launch, a billion-dollar-plus asset base and steady daily trading give it more history and depth than most funds in a thin category.
- Income arrives monthly rather than quarterly.
Worth knowing
- The bonds are priced in yen, euros and other local currencies with no hedge, so dollar moves show up in your return alongside the bond math.ssga.com
- Broad global government indexes carry real interest-rate sensitivity: when yields move, prices move with them.
- Investment-grade sovereigns only. Emerging-market local debt is a separate mandate (EBND).
BWX Holdings
- Bonds
- 1,444
- 3%
- JAPAN (10 YEAR ISSUE) BONDS 03/28 0.1
Geography
- Japan24.05%
- France4.96%
- United Kingdom4.91%
- China4.65%
- South Korea4.61%
- Canada4.57%
- Italy4.56%
- Germany4.55%
- 43.13%
Developed 73% · Emerging 27%
BWX Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | −2.8% |
| 1 month | −1.6% |
| 3 months | −0.1% |
| 1 year | −4.4% |
| 3 years | +2.2% |
| 5 years | −4.2% |
| 10 years | −1.6% |
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 | −2.8% | |
| 2025 | +7.7% | |
| 2024 | −5.9% | |
| 2023 | +5.1% | |
| 2022 | −19.7% | |
| 2021 | −8.7% | |
| 2020 | +9.5% |
BWX in the news
ETF.net Research hasn’t filed on BWX yet — coverage lands here as it’s written.
BWX Dividends
- 2.43%
- $0.52
- $0.04 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.04 |
| Aug 3, 2026 | Aug 6, 2026 | $0.05 |
| Jul 1, 2026 | Jul 7, 2026 | $0.04 |
| Jun 1, 2026 | Jun 4, 2026 | $0.05 |
| May 1, 2026 | May 6, 2026 | $0.04 |
| Apr 1, 2026 | Apr 6, 2026 | $0.05 |
| Mar 2, 2026 | Mar 5, 2026 | $0.04 |
| Feb 2, 2026 | Feb 5, 2026 | $0.04 |
| Dec 18, 2025 | Dec 23, 2025 | $0.05 |
| Dec 1, 2025 | Dec 4, 2025 | $0.04 |
| Nov 3, 2025 | Nov 6, 2025 | $0.04 |
| Oct 1, 2025 | Oct 6, 2025 | $0.04 |
BWX Risk
- 9.5%
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.
- −0.27
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.
- −29.4%
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.
BWX Cost
- The middle half of International Sovereign funds
- Median 0.35%
1 of the 6 International Sovereign funds charge less.