ZROZ vs BWX

Comparison between PIMCO 25+ YEAR ZERO COUPON U.S. TREASURY INDEX EXCHANGE-TRADED FUND (ZROZ, ETF) and SPDR Bloomberg International Treasury Bond ETF (BWX, ETF).

5-Year PerformanceBWX has outperformed ZROZ, delivering a return of -4.1% compared to -11.1%

ZROZ vs BWX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ZROZ(ETF)	BWX(ETF)
Net Assets	$1.40B	$1.50B
Expense Ratio	0.15%	0.35%
Max Drawdown	67.48%	35.95%
Sharpe Ratio	-0.18	-0.35
5Y Beta	0.11	0.00
5Y Dividends CAGR	3.66%	14.53%

Net Assets

ZROZ

$1.40B

Winner

BWX

$1.50B

Expense Ratio

Winner

ZROZ

0.15%

BWX

0.35%

Max Drawdown

ZROZ

67.48%

Winner

BWX

35.95%

Sharpe Ratio

Winner

ZROZ

-0.18

BWX

-0.35

5Y Beta

ZROZ

0.11

Winner

BWX

0.00

5Y Dividends CAGR

ZROZ

3.66%

Winner

BWX

14.53%

ZROZ vs BWX - Historical Returns

Returns include dividend reinvestment.

Period	ZROZ	BWX
1 month	-1.55%	+0.74%
3 months	-2.96%	-2.39%
6 months	-6.62%	-0.57%
1 year	+0.47%	+2.03%
5 years(CAGR)	-11.09%	-4.10%
10 years(CAGR)	-3.98%	-1.07%
Max(CAGR)	+2.08%	+0.60%

ZROZ

-1.55%

Winner

BWX

+0.74%

ZROZ

-2.96%

Winner

BWX

-2.39%

ZROZ

-6.62%

Winner

BWX

-0.57%

ZROZ

+0.47%

Winner

BWX

+2.03%

5Y(CAGR)

ZROZ

-11.09%

Winner

BWX

-4.10%

10Y(CAGR)

ZROZ

-3.98%

Winner

BWX

-1.07%

Max(CAGR)

Winner

ZROZ

+2.08%

BWX

+0.60%

ZROZ vs BWX - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	ZROZ	BWX
2026	-1.13%	-0.10%
2025	-1.87%	+8.27%
2024	-15.03%	-5.03%
2023	-1.52%	+5.34%
2022	-39.26%	-18.75%
2021	-4.79%	-9.16%
2020	+22.56%	+9.62%
2019	+20.05%	+5.62%
2018	-3.51%	-2.40%
2017	+13.87%	+11.31%
2016	-0.31%	+0.66%
2015	-7.39%	-6.28%
2014	+48.29%	-1.91%
2013	-19.11%	-3.28%
2012	+3.51%	+4.56%
2011	+61.75%	+4.00%
2010	+9.96%	+3.73%
2009	-6.29%	+6.31%
2008	N/A	+3.55%
2007	N/A	+3.97%

ZROZ vs BWX Drawdown Comparison

The maximum drawdown for ZROZ was -62.94%, occurring on Oct 19, 2023. This drawdown has not yet recovered.

The maximum drawdown for BWX was -34.05%, occurring on Oct 20, 2022. This drawdown has not yet recovered.

The current ZROZ drawdown is -60.14%. The current BWX drawdown is -22.75%.

Rank	ZROZ	BWX
#1	-62.94% Mar 9, 2020 - Oct 19, 2023	-34.05% Jan 5, 2021 - Oct 20, 2022
#2	-32.29% Jul 25, 2012 - Dec 11, 2014	-23.01% Mar 14, 2008 - Sep 8, 2009
#3	-28.88% Aug 26, 2010 - Aug 10, 2011	-15.41% Jul 1, 2014 - Mar 3, 2020
#4	-25.82% Jan 30, 2015 - Jun 27, 2016	-13.37% Mar 9, 2020 - Jul 27, 2020
#5	-25.21% Jul 8, 2016 - Aug 2, 2019	-12.97% Dec 1, 2009 - Oct 1, 2010
#6	-18.35% Oct 3, 2011 - Dec 19, 2011	-9.13% Oct 17, 2012 - May 6, 2014
#7	-17.49% Dec 19, 2011 - May 17, 2012	-8.63% Nov 4, 2010 - Apr 27, 2011
#8	-15.67% Nov 27, 2009 - May 6, 2010	-8.10% Aug 23, 2011 - Sep 11, 2012
#9	-12.23% Aug 28, 2019 - Feb 20, 2020	-4.57% Nov 26, 2007 - Jan 14, 2008
#10	-9.10% Aug 10, 2011 - Aug 18, 2011	-3.41% May 2, 2011 - Jun 3, 2011
#11	-8.29% May 6, 2010 - May 20, 2010	-3.37% Jun 7, 2011 - Aug 9, 2011
#12	-7.85% Sep 22, 2011 - Oct 3, 2011	-2.68% Oct 14, 2010 - Nov 4, 2010
#13	-7.18% Aug 19, 2011 - Sep 2, 2011	-1.78% Aug 6, 2020 - Oct 21, 2020
#14	-7.09% Jun 1, 2012 - Jul 20, 2012	-1.69% Oct 8, 2009 - Nov 9, 2009
#15	-6.88% Jul 1, 2010 - Aug 16, 2010	-1.47% Feb 1, 2008 - Feb 27, 2008

Correlation

Correlation between ZROZ and BWX is 0.54 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.54

-101

Dividend Comparison (2007 - 2026)

ZROZ vs BWX dividend yield comparison.

Year	ZROZ	BWX
2026	1.31%	0.76%
2025	4.96%	2.19%
2024	4.58%	1.99%
2023	3.52%	1.62%
2022	2.76%	1.23%
2021	1.60%	0.93%
2020	1.68%	0.95%
2019	2.22%	1.16%
2018	2.06%	1.07%
2017	2.53%	0.46%
2016	3.00%	0.00%
2015	2.98%	0.00%
2014	2.60%	1.77%
2013	4.28%	1.88%
2012	3.16%	1.80%
2011	2.99%	3.35%
2010	4.55%	1.08%
2009	0.74%	0.87%
2008	0.00%	2.98%
2007	0.00%	0.59%