---
ticker: "GGOV"
name: "iShares Global Government Bond USD Hedged Active ETF"
url: "https://etf.net/etf/GGOV"
grade: "D"
score: 37
graded_at: "2026-10-12"
category: "International Sovereign"
category_rank: "6 of 6"
methodology: "https://etf.net/methodology"
---

# GGOV: iShares Global Government Bond USD Hedged Active ETF

Grade **D**, Score 37 of 100. Rank 6 of 6 in International Sovereign.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 24 | 5 of 6 |
| Mission | 1 | 6 of 6 |
| Risk | 72 | 1 of 6 |
| Tradability | 72 | 1 of 6 |
| Holdings | 52 | 4 of 6 |
| Durability | 61 | 2 of 6 |

## Top holdings

The fund holds 861 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Cash Collateral USD Xbnpu 12/31/2049 | 2.62% |
| 2 | — | BlackRock Cash Class Inst Sl Agency | 2.30% |
| 3 | — | Cash Collateral USD Rbcft 12/31/2049 | 1.45% |
| 4 | — | Treasury Note 4.88% 10/31/2028 | 1.32% |
| 5 | — | Treasury Note 4.00% 07/31/2029 | 1.25% |
| 6 | — | Treasury Note 4.38% 11/30/2028 | 1.22% |
| 7 | — | Treasury Note 3.50% 04/30/2030 | 1.17% |
| 8 | — | Treasury Note 3.88% 11/30/2029 | 1.13% |
| 9 | — | Treasury Note 4.25% 08/15/2035 | 1.03% |
| 10 | — | Treasury Note 1.25% 08/15/2031 | 1.01% |
| 11 | — | Treasury Note 2.75% 08/15/2032 | 1.01% |
| 12 | — | Treasury Note 4.25% 02/28/2031 | 1.00% |
| 13 | — | Treasury Note 0.63% 05/15/2030 | 0.97% |
| 14 | — | Treasury Note 4.50% 05/31/2029 | 0.93% |
| 15 | — | Treasury Note 2.88% 05/15/2032 | 0.89% |
| 16 | — | Treasury Note 3.75% 11/30/2032 | 0.82% |
| 17 | — | UNITED KINGDOM OF GREAT BRITAIN AN RegS 4.00% 05/22/2029 | 0.79% |
| 18 | — | France (Republic Of) 3.00% 05/25/2033 | 0.75% |
| 19 | — | Treasury Bond 2.25% 08/15/2046 | 0.72% |
| 20 | — | Treasury Note (2OLD) 4.25% 07/31/2028 | 0.71% |
| 21 | — | Italy (Republic Of) 3.80% 07/01/2036 | 0.70% |
| 22 | — | Treasury Note 4.00% 01/31/2033 | 0.69% |
| 23 | — | Japan (Government Of) 10YR #2 1.00% 03/20/2034 | 0.68% |
| 24 | — | Treasury Note 3.38% 11/30/2027 | 0.67% |
| 25 | — | Treasury Note 3.88% 08/15/2033 | 0.64% |
| 26 | — | Treasury Note 1.88% 02/15/2032 | 0.64% |
| 27 | — | Treasury Bond 1.75% 08/15/2041 | 0.63% |
| 28 | — | Japan (Government Of) 5YR #185 2.00% 03/20/2031 | 0.62% |
| 29 | — | Treasury Note 4.25% 05/15/2035 | 0.61% |
| 30 | — | China Peoples Republic of (Governm 1.66% 03/25/2033 | 0.61% |

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