GOVT vs SPDW

Comparison between ISHARES U.S. TREASURY BOND ETF (GOVT, ETF) and SPDR(R) PORTFOLIO DEVELOPED WORLD EX-US ETF (SPDW, ETF).

5-Year PerformanceSPDW has outperformed GOVT, delivering a return of +10.1% compared to -0.3%

GOVT vs SPDW - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GOVT(ETF)	SPDW(ETF)
Net Assets	$41B	$39B
Expense Ratio	0.05%	0.03%
Max Drawdown	23.67%	62.16%
Sharpe Ratio	0.08	1.80
5Y Beta	-0.00	0.75
5Y Dividends CAGR	10.36%	13.43%

Net Assets

Winner

GOVT

$41B

SPDW

$39B

Expense Ratio

GOVT

0.05%

Winner

SPDW

0.03%

Max Drawdown

Winner

GOVT

23.67%

SPDW

62.16%

Sharpe Ratio

GOVT

0.08

Winner

SPDW

1.80

5Y Beta

Winner

GOVT

-0.00

SPDW

0.75

5Y Dividends CAGR

GOVT

10.36%

Winner

SPDW

13.43%

GOVT vs SPDW - Historical Returns

Returns include dividend reinvestment.

Period	GOVT	SPDW
1 month	-0.59%	+3.59%
3 months	-1.46%	+2.97%
6 months	-0.05%	+16.81%
1 year	+4.02%	+34.49%
5 years(CAGR)	-0.33%	+10.07%
10 years(CAGR)	+0.87%	+10.27%
Max(CAGR)	+1.24%	+5.09%

GOVT

-0.59%

Winner

SPDW

+3.59%

GOVT

-1.46%

Winner

SPDW

+2.97%

GOVT

-0.05%

Winner

SPDW

+16.81%

GOVT

+4.02%

Winner

SPDW

+34.49%

5Y(CAGR)

GOVT

-0.33%

Winner

SPDW

+10.07%

10Y(CAGR)

GOVT

+0.87%

Winner

SPDW

+10.27%

Max(CAGR)

GOVT

+1.24%

Winner

SPDW

+5.09%

GOVT vs SPDW - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	GOVT	SPDW
2026	-0.20%	+11.89%
2025	+6.15%	+35.04%
2024	+3.27%	+4.67%
2023	+3.62%	+17.29%
2022	-11.87%	-16.44%
2021	-1.60%	+10.78%
2020	+7.08%	+9.03%
2019	+6.49%	+22.59%
2018	+0.54%	-14.87%
2017	+2.19%	+25.12%
2016	+0.60%	+4.63%
2015	+0.32%	-1.21%
2014	+4.75%	-3.60%
2013	-2.37%	+17.28%
2012	+2.23%	+15.67%
2011	N/A	-14.17%
2010	N/A	+8.26%
2009	N/A	+27.02%
2008	N/A	-40.20%
2007	N/A	+2.52%

GOVT vs SPDW Drawdown Comparison

The maximum drawdown for GOVT was -19.07%, occurring on Oct 19, 2023. This drawdown has not yet recovered.

The maximum drawdown for SPDW was -60.01%, occurring on Mar 9, 2009. Recovery took 1652 trading sessions.

The current GOVT drawdown is -7.30%. The current SPDW drawdown is -0.34%.

Rank	GOVT	SPDW
#1	-19.07% Aug 4, 2020 - Oct 19, 2023	-60.01% Oct 31, 2007 - May 27, 2014
#2	-5.87% Jul 8, 2016 - May 13, 2019	-34.97% Jan 26, 2018 - Nov 11, 2020
#3	-4.56% Mar 9, 2020 - Apr 21, 2020	-30.23% Sep 3, 2021 - Mar 7, 2024
#4	-4.55% May 1, 2013 - Oct 8, 2014	-23.54% Jul 3, 2014 - May 2, 2017
#5	-3.54% Jan 30, 2015 - Jan 29, 2016	-13.53% Mar 19, 2025 - Apr 28, 2025
#6	-2.63% Sep 4, 2019 - Jan 29, 2020	-12.79% Jul 16, 2007 - Oct 10, 2007
#7	-2.14% Apr 21, 2020 - Jul 23, 2020	-11.55% Feb 26, 2026 - May 6, 2026
#8	-1.93% Jul 25, 2012 - May 1, 2013	-9.62% Sep 26, 2024 - Mar 5, 2025
#9	-1.93% Mar 8, 2012 - Apr 23, 2012	-7.71% Jul 12, 2024 - Aug 21, 2024
#10	-1.74% Feb 11, 2016 - Apr 7, 2016	-5.66% Jun 14, 2021 - Sep 2, 2021
#11	-1.27% Apr 7, 2016 - May 13, 2016	-5.23% Nov 12, 2025 - Dec 10, 2025
#12	-1.25% Jun 1, 2012 - Jul 16, 2012	-4.74% Mar 27, 2024 - May 9, 2024
#13	-1.16% Oct 15, 2014 - Dec 12, 2014	-4.49% Jan 8, 2021 - Feb 9, 2021
#14	-1.07% Dec 16, 2014 - Jan 5, 2015	-4.38% Oct 12, 2007 - Oct 26, 2007
#15	-0.97% Jul 3, 2019 - Aug 1, 2019	-4.28% Jul 23, 2025 - Aug 13, 2025

Correlation

Correlation between GOVT and SPDW is 0.59 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.59

-101

Dividend Comparison (2007 - 2026)

GOVT vs SPDW dividend yield comparison.

Year	GOVT	SPDW
2026	1.19%	0.00%
2025	3.49%	3.30%
2024	3.14%	3.19%
2023	2.65%	2.75%
2022	1.77%	3.12%
2021	0.95%	3.04%
2020	2.17%	1.87%
2019	1.98%	3.13%
2018	1.97%	3.08%
2017	1.57%	1.86%
2016	1.40%	3.12%
2015	1.25%	2.78%
2014	1.17%	3.51%
2013	0.93%	2.36%
2012	0.85%	2.23%
2011	0.00%	3.26%
2010	0.00%	2.25%
2009	0.00%	0.79%
2008	0.00%	3.43%
2007	0.00%	2.01%