---
ticker: "BWZ"
name: "SPDR Bloomberg Short Term International Treasury Bond ETF"
url: "https://etf.net/etf/BWZ"
grade: "C"
score: 44
graded_at: "2026-10-12"
category: "Treasuries (1-3 Year)"
category_rank: "14 of 15"
methodology: "https://etf.net/methodology"
---

# BWZ: SPDR Bloomberg Short Term International Treasury Bond ETF

Grade **C**, Score 44 of 100. Rank 14 of 15 in Treasuries (1-3 Year).

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 4 | 14 of 15 |
| Mission | 88 | 14 of 14 |
| Risk | 31 | 15 of 15 |
| Tradability | 22 | 13 of 15 |
| Holdings | 99 | 1 of 15 |
| Durability | 61 | 7 of 15 |

## Top holdings

The fund holds 295 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Belgium Kingdom Sr Unsecured Regs 03/28 5.5 | 1.57% |
| 2 | — | Australian Government Sr Unsecured Regs 11/28 2.75 | 1.30% |
| 3 | — | Australian Government Sr Unsecured Regs 04/29 3.25 | 1.26% |
| 4 | — | Japan (10 Year Issue) Bonds 03/28 0.1 | 1.11% |
| 5 | — | Mex Bonos Desarr Fix Rt Bonds 03/29 8.5 | 1.08% |
| 6 | — | Australian Government Sr Unsecured Regs 05/28 2.25 | 1.02% |
| 7 | — | Netherlands Government Bonds 144A Regs 01/28 5.5 | 1.01% |
| 8 | — | Australian Government Sr Unsecured Regs 11/27 2.75 | 1.00% |
| 9 | — | France (Govt Of) Bonds 144A Regs 02/29 2.75 | 0.98% |
| 10 | — | Japan (10 Year Issue) Bonds 09/29 0.1 | 0.90% |
| 11 | — | France (Govt Of) Bonds 144A Regs 11/28 0.75 | 0.89% |
| 12 | — | France (Govt Of) Bonds 144A Regs 05/28 0.75 | 0.89% |
| 13 | — | Japan (10 Year Issue) Bonds 12/28 0.1 | 0.88% |
| 14 | — | Japan (10 Year Issue) Bonds 06/28 0.1 | 0.86% |
| 15 | — | United Kingdom Gilt Bonds Regs 03/28 4.375 | 0.86% |
| 16 | — | Japan (10 Year Issue) Bonds 06/29 0.1 | 0.85% |
| 17 | — | Japan (10 Year Issue) Bonds 12/27 0.1 | 0.85% |
| 18 | — | Japan (10 Year Issue) Bonds 09/28 0.1 | 0.84% |
| 19 | — | Republic of Austria Sr Unsecured 144A Regs 02/29 0 | 0.80% |
| 20 | — | Obrigacoes Do Tesouro Sr Unsecured 144A Regs 10/28 2 | 0.77% |
| 21 | — | Japan (10 Year Issue) Bonds 03/29 0.1 | 0.76% |
| 22 | — | Belgium Kingdom Sr Unsecured 144A Regs 06/29 0 | 0.74% |
| 23 | — | Thailand Government Bond Sr Unsecured 04/29 1.19 | 0.73% |
| 24 | — | United Kingdom Gilt Bonds Regs 06/28 4.5 | 0.72% |
| 25 | — | France (Govt Of) Bonds 144A Regs 05/29 0.5 | 0.71% |
| 26 | — | Mex Bonos Desarr Fix Rt Sr Unsecured 05/29 8.5 | 0.71% |
| 27 | — | Japan (2 Year Issue) Bonds 04/28 1.4 | 0.70% |
| 28 | — | Belgium Kingdom Sr Unsecured 144A Regs 06/28 0 | 0.68% |
| 29 | — | United Kingdom Gilt Bonds Regs 05/29 4 | 0.68% |
| 30 | — | France (Govt Of) Bonds 144A Regs 09/28 2.4 | 0.67% |

Source: etf.net, https://etf.net/etf/BWZ. Please cite the page URL.