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IGOVvsBWXETF Comparison

ETF 1
IGOV

iShares International Treasury Bond ETF

This fund is part of
Intl Government Bonds
-0.16%
VS
ETF 2
BWX

State Street SPDR Bloomberg International Treasury Bond ETF

This fund is part of
Intl Government Bonds
-0.16%

iShares International Treasury Bond ETF (IGOV) and State Street SPDR Bloomberg International Treasury Bond ETF (BWX) belong to the same industry segment: Intl Government Bonds. IGOV's top 2 sector exposures are Sovereign and Non-Corporate. In contrast, BWX's top sector exposures are Sovereign. Both IGOV and BWX have the same Total Expense Ratio (TER) of 0.35%. IGOV is down -4.06% year-to-date (YTD) with +$374M in YTD flows. BWX performs better with -4.01% YTD performance, and +$118M in YTD flows. Run a side-by-side ETF comparison of IGOV and BWX below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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IGOV vs BWX performance and flow charts

Performance

-0.50.00.51.0%Sep 28Oct 5Oct 12Oct 19Oct 26

Cumulative Flows

-20 M-10 M0 M10 M20 M30 MSep 28Oct 5Oct 12Oct 19Oct 26

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 10/28/2026
1M3MYTD1Y3Y5Y
Perf.
IGOV
BWX
+0.50%+0.42%
-1.42%-0.48%
-4.06%-4.01%
-4.71%-5.02%
+10.50%+7.39%
-20.42%-19.15%
Flows
IGOV
BWX
-$12M+$28M
-$192M+$30M
+$374M+$118M
+$332M+$109M
+$184M+$510M
+$429M+$659M
Volatility and drawdown
3M1Y3Y5Y
Volatility
IGOV
BWX
+6.41%+6.28%
+7.12%+6.85%
+8.08%+7.38%
+9.16%+8.17%
Max drawdown
IGOV
BWX
-4.92%-4.00%
-7.83%-7.02%
-10.40%-10.02%
-30.82%-28.86%
Max drawdown duration
IGOV
BWX
64d49d
241d241d
200d255d
1814d1814d
Trading data

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IGOV
BWX
Last sale
10/28/2026 at 1:30 PM
$40.08
$21.32
Previous close
10/28/2026
$40.10
$21.37
Consolidated volume
10/28/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of September 30, 2026
1-year trailing difference

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IGOV
BWX
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 10/28/2026 at 1:30 PM
Live
Closed
IGOV
BWX
Last price
$40.08
$21.32
1D performance
-0.05%
-0.23%
AuM$1.30 B$1.33 B
E/R0.35%0.35%
Characteristics
IGOV
BWX
Management strategyPassivePassive
ProvideriSharesState Street Investment Management
BenchmarkFTSE World Government Bond Index - Developed Markets Capped Select IndexBloomberg Global Treasury ex-U.S. Capped Index
N° of holdings9571360
Asset classFixed IncomeBonds
Trailing 12m distribution yield
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Inception dateJanuary 21, 2009October 2, 2007
ESGNoNo
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Exposure

Countries

IGOV
Japan
11.16%
France
8.8%
Italy
7.78%
United Kingdom
7.12%
Other
65.13%
BWX
Japan
22.73%
Other
77.27%

Sectors

IGOV
Sovereign
99.6%
Other
0.4%
BWX
Sovereign
98.53%
Other
1.47%
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Diversification

IGOV

Total weight of top 15 holdings out of 15

5.27%
BWX

Total weight of top 15 holdings out of 15

3.99%

Top 15 holdings

Data as of August 31, 2026
IGOV
Denmark, DGB 4.5% 15nov2039, DKK
0.46%
Portugal, OT 2.125% 17oct2028, EUR
0.45%
Slovakia, GB 3.75% 6mar2034, EUR
0.38%
France, OAT 3.5% 25nov2033, EUR
0.37%
United Kingdom, Gilt 4.5% 7mar2035, GBP
0.37%
Portugal, OT 1.95% 15jun2029, EUR
0.37%
France, OAT 2.5% 25may2030, EUR
0.35%
Israel, SHAHAR 5.5% 31jan2042, ILS
0.34%
Portugal, OT 4.1% 15apr2037, EUR
0.32%
Japan, JGB 2.4% 20mar2036, JPY
0.32%
France, OAT 0.75% 25feb2028, EUR
0.31%
France, OAT 1.5% 25may2031, EUR
0.31%
Finland, Bonds 3% 15sep2035, EUR
0.31%
Israel, ILGOV 4% 30mar2035, ILS
0.30%
New Zealand, NZGB 3% 20apr2029, NZD
0.30%
BWX
Japan, JGB 0.1% 20mar2028, JPY
0.32%
Austria, AGB 4.15% 15mar2037, EUR
0.30%
Japan, JGB 0.8% 20sep2033, JPY
0.29%
Japan, JGB 0.1% 20jun2030, JPY
0.29%
Belgium, OLO 5% 28mar2035, EUR
0.28%
Japan, JGB 0.2% 20mar2032, JPY
0.26%
Netherlands, DSL 3.75% 15jan2042, EUR
0.26%
Australia, TB 2.75% 21nov2028, AUD (TB152)
0.26%
Japan, JGB 0.1% 20mar2031, JPY
0.26%
Japan, JGB 0.1% 20sep2029, JPY
0.26%
Japan, JGB 0.1% 20sep2030, JPY
0.25%
Australia, TB 2.75% 21nov2029, AUD (TB154)
0.25%
Australia, TB 3.25% 21apr2029, AUD (TB138)
0.25%
Japan, JGB 0.1% 20dec2030, JPY
0.24%
Japan, JGB 2.3% 20mar2040, JPY
0.24%
Frequently asked questions about IGOV and BWX

How have the IGOV and BWX ETFs performed in 2026?

As of October 28, 2026, IGOV is down -4.06% year-to-date (YTD), while BWX has lost -4.01%. That puts BWX better performer ahead so far this year.

Which ETF is attracting more investor money: IGOV or BWX?

Year-to-date, the IGOV ETF saw +$374M in flows, compared to +$118M for BWX.

Which ETF is more volatile: IGOV or BWX?

Over the past year, IGOV had a volatility of 7.12%, while BWX experienced 6.85%.

Which ETF is bigger: IGOV or BWX?

As of October 28, 2026, IGOV holds $1.30 B in assets under management (AUM), while BWX manages $1.33 B.

What sectors do the IGOV and BWX ETFs invest in?

IGOV leans toward sectors like Sovereign. Meanwhile, BWX focuses on Sovereign.

What are the top holdings of the IGOV ETF and BWX ETF?

IGOV top holdings include Denmark, DGB 4.5% 15nov2039, DKK, Portugal, OT 2.125% 17oct2028, EUR and Slovakia, GB 3.75% 6mar2034, EUR. BWX holds in its top three: Japan, JGB 0.1% 20mar2028, JPY, Austria, AGB 4.15% 15mar2037, EUR and Japan, JGB 0.8% 20sep2033, JPY.

Which ETF is more diversified: IGOV or BWX?

IGOV holds 971 securities with 5.27% of its assets in the top 15. BWX has 1375 securities and a top 15 weight of 3.99%.

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