BWZ vs IGHG

Comparison between SPDR(R) BLOOMBERG SHORT TERM INTERNATIONAL TREASURY BOND ETF (BWZ, ETF) and PROSHARES INVESTMENT GRADE-INTEREST RATE HEDGED (IGHG, ETF).

5-Year PerformanceIGHG has outperformed BWZ, delivering a return of +5.1% compared to -1.8%

BWZ vs IGHG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BWZ(ETF)	IGHG(ETF)
Net Assets	$312M	$309M
Expense Ratio	0.35%	0.30%
Max Drawdown	38.33%	30.24%
Sharpe Ratio	-0.55	0.66
5Y Beta	-0.00	0.13
5Y Dividends CAGR	110.68%	15.89%

Net Assets

Winner

BWZ

$312M

IGHG

$309M

Expense Ratio

BWZ

0.35%

Winner

IGHG

0.30%

Max Drawdown

BWZ

38.33%

Winner

IGHG

30.24%

Sharpe Ratio

BWZ

-0.55

Winner

IGHG

0.66

5Y Beta

Winner

BWZ

-0.00

IGHG

0.13

5Y Dividends CAGR

Winner

BWZ

110.68%

IGHG

15.89%

BWZ vs IGHG - Historical Returns

Returns include dividend reinvestment.

Period	BWZ	IGHG
1 month	-0.04%	+0.09%
3 months	+0.49%	+2.84%
6 months	-0.25%	+2.05%
1 year	-0.67%	+5.64%
5 years(CAGR)	-1.76%	+5.08%
10 years(CAGR)	-0.47%	+4.82%
Max(CAGR)	-0.19%	+3.73%

BWZ

-0.04%

Winner

IGHG

+0.09%

BWZ

+0.49%

Winner

IGHG

+2.84%

BWZ

-0.25%

Winner

IGHG

+2.05%

BWZ

-0.67%

Winner

IGHG

+5.64%

5Y(CAGR)

BWZ

-1.76%

Winner

IGHG

+5.08%

10Y(CAGR)

BWZ

-0.47%

Winner

IGHG

+4.82%

Max(CAGR)

BWZ

-0.19%

Winner

IGHG

+3.73%

BWZ vs IGHG - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	BWZ	IGHG
2026	-0.03%	+1.78%
2025	+10.88%	+5.76%
2024	-4.53%	+9.63%
2023	+3.85%	+11.70%
2022	-10.17%	-1.31%
2021	-6.90%	+1.33%
2020	+6.74%	+1.07%
2019	+1.29%	+12.91%
2018	-3.82%	-4.17%
2017	+10.82%	+4.59%
2016	-1.22%	+8.86%
2015	-6.54%	-1.46%
2014	-9.36%	-2.34%
2013	-2.29%	+2.68%
2012	+2.23%	N/A
2011	-0.77%	N/A
2010	+0.98%	N/A
2009	+12.97%	N/A

BWZ vs IGHG Drawdown Comparison

The maximum drawdown for BWZ was -34.22%, occurring on Sep 27, 2022. This drawdown has not yet recovered.

The maximum drawdown for IGHG was -25.16%, occurring on Mar 20, 2020. Recovery took 218 trading sessions.

The current BWZ drawdown is -22.27%. The current IGHG drawdown is -0.31%.

Rank	BWZ	IGHG
#1	-34.22% Aug 29, 2011 - Sep 27, 2022	-25.16% Jan 22, 2020 - Dec 1, 2020
#2	-13.70% Dec 1, 2009 - Nov 4, 2010	-11.69% Jun 19, 2014 - Dec 7, 2016
#3	-6.59% Nov 4, 2010 - Jan 26, 2011	-8.75% Sep 29, 2021 - Jun 7, 2023
#4	-5.56% Feb 9, 2009 - Mar 18, 2009	-7.16% Feb 1, 2018 - Apr 12, 2019
#5	-5.06% Jan 26, 2011 - Apr 26, 2011	-3.73% Jan 27, 2025 - May 16, 2025
#6	-3.58% May 2, 2011 - Jul 29, 2011	-2.63% Jul 12, 2024 - Aug 23, 2024
#7	-3.43% Jun 2, 2009 - Jul 20, 2009	-2.61% Jul 26, 2019 - Oct 21, 2019
#8	-2.51% Mar 19, 2009 - May 4, 2009	-2.37% Apr 22, 2019 - Jun 21, 2019
#9	-2.22% Oct 14, 2009 - Nov 11, 2009	-1.86% Jan 3, 2014 - Feb 28, 2014
#10	-2.20% Jul 29, 2011 - Aug 29, 2011	-1.78% Jun 25, 2021 - Sep 27, 2021
#11	-2.14% Sep 18, 2009 - Oct 14, 2009	-1.75% Feb 2, 2026 - Apr 13, 2026
#12	-1.88% Aug 4, 2009 - Aug 25, 2009	-1.61% Mar 31, 2021 - Jun 16, 2021
#13	-1.52% Feb 3, 2009 - Feb 9, 2009	-1.48% Apr 9, 2014 - Jun 19, 2014
#14	-1.10% May 22, 2009 - Jun 1, 2009	-1.44% Mar 1, 2021 - Mar 31, 2021
#15	-1.05% Nov 11, 2009 - Nov 25, 2009	-1.42% Oct 27, 2017 - Dec 15, 2017

Correlation

Correlation between BWZ and IGHG is -0.45 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.45

-101

Dividend Comparison (2009 - 2026)

BWZ vs IGHG dividend yield comparison.

Year	BWZ	IGHG
2026	0.86%	2.13%
2025	2.05%	5.14%
2024	2.47%	5.06%
2023	1.63%	4.99%
2022	0.44%	3.55%
2021	0.60%	2.50%
2020	0.13%	2.79%
2019	0.43%	3.48%
2018	1.10%	4.13%
2017	0.40%	3.36%
2016	0.13%	3.37%
2015	0.06%	3.65%
2014	0.19%	3.58%
2013	0.09%	0.55%
2012	0.01%	0.00%
2011	3.53%	0.00%
2010	0.19%	0.00%
2009	1.61%	0.00%