BWZ vs PABD

Comparison between SPDR(R) BLOOMBERG SHORT TERM INTERNATIONAL TREASURY BOND ETF (BWZ, ETF) and ISHARES PARIS-ALIGNED CLIMATE OPTIMIZED MSCI WORLD EX USA ETF (PABD, ETF).

BWZ vs PABD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BWZ(ETF)	PABD(ETF)
Net Assets	$324M	$323M
Expense Ratio	0.35%	0.12%
Max Drawdown	38.33%	14.60%
Sharpe Ratio	-0.61	0.81
5Y Beta	-0.00	0.72
5Y Dividends CAGR	110.68%	N/A

Net Assets

Winner

BWZ

$324M

PABD

$323M

Expense Ratio

BWZ

0.35%

Winner

PABD

0.12%

Max Drawdown

BWZ

38.33%

Winner

PABD

14.60%

Sharpe Ratio

BWZ

-0.61

Winner

PABD

0.81

5Y Beta

Winner

BWZ

-0.00

PABD

0.72

5Y Dividends CAGR

BWZ

110.68%

PABD

N/A

BWZ vs PABD - Historical Returns

Returns include dividend reinvestment.

Period	BWZ	PABD
1 month	-1.29%	+0.45%
3 months	-1.09%	+2.75%
6 months	-0.33%	+7.22%
1 year	-0.94%	+16.42%
5 years(CAGR)	-2.12%	N/A
10 years(CAGR)	-0.54%	N/A
Max(CAGR)	-0.23%	+16.41%

BWZ

-1.29%

Winner

PABD

+0.45%

BWZ

-1.09%

Winner

PABD

+2.75%

BWZ

-0.33%

Winner

PABD

+7.22%

BWZ

-0.94%

Winner

PABD

+16.42%

5Y(CAGR)

BWZ

-2.12%

PABD

N/A

10Y(CAGR)

BWZ

-0.54%

PABD

N/A

Max(CAGR)

BWZ

-0.23%

Winner

PABD

+16.41%

BWZ vs PABD - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	BWZ	PABD
2026	-0.73%	+4.03%
2025	+10.88%	+30.36%
2024	-4.53%	+5.34%
2023	+3.85%	N/A
2022	-10.17%	N/A
2021	-6.90%	N/A
2020	+6.74%	N/A
2019	+1.29%	N/A
2018	-3.82%	N/A
2017	+10.82%	N/A
2016	-1.22%	N/A
2015	-6.54%	N/A
2014	-9.36%	N/A
2013	-2.29%	N/A
2012	+2.23%	N/A
2011	-0.77%	N/A
2010	+0.98%	N/A
2009	+12.97%	N/A

BWZ vs PABD 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 PABD was -13.37%, occurring on Apr 8, 2025. Recovery took 145 trading sessions.

The current BWZ drawdown is -22.82%. The current PABD drawdown is -3.38%.

Rank	BWZ	PABD
#1	-34.22% Aug 29, 2011 - Sep 27, 2022	-13.37% Sep 26, 2024 - Apr 28, 2025
#2	-13.70% Dec 1, 2009 - Nov 4, 2010	-12.55% Feb 26, 2026 - Mar 27, 2026
#3	-6.59% Nov 4, 2010 - Jan 26, 2011	-6.94% Jul 12, 2024 - Aug 19, 2024
#4	-5.56% Feb 9, 2009 - Mar 18, 2009	-5.59% Nov 12, 2025 - Dec 11, 2025
#5	-5.06% Jan 26, 2011 - Apr 26, 2011	-5.39% Mar 20, 2024 - May 10, 2024
#6	-3.58% May 2, 2011 - Jul 29, 2011	-4.50% Jul 23, 2025 - Aug 13, 2025
#7	-3.43% Jun 2, 2009 - Jul 20, 2009	-3.65% May 15, 2024 - Jun 5, 2024
#8	-2.51% Mar 19, 2009 - May 4, 2009	-3.50% Jun 6, 2024 - Jul 11, 2024
#9	-2.22% Oct 14, 2009 - Nov 11, 2009	-3.20% Aug 23, 2024 - Sep 19, 2024
#10	-2.20% Jul 29, 2011 - Aug 29, 2011	-2.97% Oct 6, 2025 - Oct 20, 2025
#11	-2.14% Sep 18, 2009 - Oct 14, 2009	-2.88% Jun 12, 2025 - Jun 27, 2025
#12	-1.88% Aug 4, 2009 - Aug 25, 2009	-2.80% Oct 28, 2025 - Nov 12, 2025
#13	-1.52% Feb 3, 2009 - Feb 9, 2009	-2.70% Aug 22, 2025 - Sep 11, 2025
#14	-1.10% May 22, 2009 - Jun 1, 2009	-2.52% Jan 27, 2026 - Feb 9, 2026
#15	-1.05% Nov 11, 2009 - Nov 25, 2009	-2.44% Jan 15, 2026 - Jan 27, 2026

Correlation

Correlation between BWZ and PABD is 0.89 which considered as a strong positive correlation - the stocks tend to move together.

0.89

-101

Dividend Comparison (2009 - 2026)

BWZ vs PABD dividend yield comparison.

Year	BWZ	PABD
2026	0.87%	0.00%
2025	2.05%	2.74%
2024	2.47%	2.87%
2023	1.63%	0.00%
2022	0.44%	0.00%
2021	0.60%	0.00%
2020	0.13%	0.00%
2019	0.43%	0.00%
2018	1.10%	0.00%
2017	0.40%	0.00%
2016	0.13%	0.00%
2015	0.06%	0.00%
2014	0.19%	0.00%
2013	0.09%	0.00%
2012	0.01%	0.00%
2011	3.53%	0.00%
2010	0.19%	0.00%
2009	1.61%	0.00%