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SPDR Bloomberg Short Term International Treasury Bond ETF

BWZ
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jan 15 2009
Expense Ratio
0.35%
Type
Global Ex. US Bonds
Fund Owner
State Street (SPDR)
Volume (1m avg. daily)
$2,837,786
AUM
$165,643,060
Associated Index
Bloomberg 1-3 Year Global Treasury ex-US Capped Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

1410045
Japan - 0.10% BD REDEEM 20/09/2024 JPY 50000
2.60%
1440045
Japan - 0.10% BD REDEEM 20/06/2025 JPY 50000
2.51%
1460045
Japan - 0.10% BD REDEEM 20/12/2025 JPY 50000
2.44%
1430045
Japan - 0.10% BD REDEEM 20/03/2025 JPY 50000
2.39%
3330067
Japan - 0.60% BD REDEEM 20/03/2024 JPY 50000
2.21%
1420045
Japan - 0.10% BD REDEEM 20/12/2024 JPY 50000
1.82%
1450045
Japan - 0.10% BD REDEEM 20/09/2025 JPY 50000
1.66%
n/a
Netherlands 0.25 % 2015-15.07.25 Unitary 144A/Reg S
1.52%
B334
Belgium - 0.80% BD REDEEM 22/06/2025 EUR 0.01
1.45%
4340042
Japan - 0.005% BD REDEEM 01/03/2024 JPY 50000
1.45%
Invest with BWZ

What is BWZ?

The SPDR Bloomberg Short Term International Treasury Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg 1-3 Year Global Treasury ex-US Capped Index (the "Index"). The Bloomberg 1-3 Year Global Treasury ex-US Capped index is designed to measure the performance of fixed-rate local currency sovereign debt of investment grade countries outside the United States that have remaining maturities of one to three years. The Index includes government bonds issued by investment grade countries outside the United States, in local currencies, that have remaining maturities of one to three years and are rated investment grade.

ETFs related toBWZ

ETFs correlated to BWZ include UDN, IBND, FXE

BWZ
SPDR Series Trust - SPDR Bloomberg Short Term International Treasury Bond ETF
UDN
Invesco DB US Dollar Index Trust - Invesco DB US Dollar Index Bearish Fund -1x Shares
IBND
SPDR Series Trust - SPDR Bloomberg International Corporate Bond ETF
FXE
Rydex Investments - Invesco CurrencyShares Euro Trust
DFSI
Dimensional ETF Trust - Dimensional International Sustainability Core 1 ETF
IGOV
BlackRock Institutional Trust Company N.A. - iShares International Treasury Bond ETF
PICB
Invesco Capital Management LLC - Invesco International Corporate Bond ETF
BWX
SPDR Series Trust - SPDR Bloomberg International Treasury Bond ETF
FXB
Rydex Investments - Invesco CurrencyShares British Pound Sterling Trust
JIRE
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan International Research Enhanced Equity ETF
EFAV
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE Min Vol Factor ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toBWZ

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

#HFEAR

Hedgefundie's Excellent Adventure Refined

Category

Balance Risk Not Assets, Lever Up, Composer's Picks

Risk Rating

Aggressive

Create your own algorithmic trading strategy with BWZ using Composer

FAQ

BWZ is a Global Ex. US Bonds ETF. The SPDR Bloomberg Short Term International Treasury Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg 1-3 Year Global Treasury ex-US Capped Index (the "Index"). The Bloomberg 1-3 Year Global Treasury ex-US Capped index is designed to measure the performance of fixed-rate local currency sovereign debt of investment grade countries outside the United States that have remaining maturities of one to three years. The Index includes government bonds issued by investment grade countries outside the United States, in local currencies, that have remaining maturities of one to three years and are rated investment grade.

The top holdings for BWZ include Japan - 0.10% BD REDEEM 20/09/2024 JPY 50000, Japan - 0.10% BD REDEEM 20/06/2025 JPY 50000, and Japan - 0.10% BD REDEEM 20/12/2025 JPY 50000.

BWZ has 214 total holdings.

BWZ tracks the Bloomberg 1-3 Year Global Treasury ex-US Capped Index.

No, BWZ is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, BWZ is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on BWZ is 0.0039%. This is the percent change in the value of BWZ over the most recent 1-month period. The 3-month return on BWZ is 0.0822%. This is the percent change in the value of BWZ over the most recent 3-month period.

The standard deviation of BWZ for the past year is 0.0952%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to BWZ include SHV, EMB, and IEI.

ETFs correlated to BWZ include UDN, IBND, and FXE.

ETFs that are inversely correlated to BWZ include UUP, USDU, and EUO.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.