BWZ
SPDR Bloomberg Short Term International Treasury Bond ETF
📎 Investment Objective
The SPDR Bloomberg Short Term International Treasury Bond ETF (BWZ) seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg Short-Term International Treasury Bond Index.
Overview
ETF tracking SPDR Bloomberg Short Term International Treasury Bond ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The SPDR Bloomberg Short Term International Treasury Bond ETF (BWZ) seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg Short-Term International Treasury Bond Index.
🎯 Investment Strategy
The fund invests in a portfolio of international treasury bonds with short-term maturities in an effort to track the performance of the underlying index. The index includes government bonds from developed market countries outside the United States with remaining maturities between 1 and 3 years.
✨ Key Features
- Exposure to short-term international government bonds from developed markets
- Seeks to track the performance of the Bloomberg Short-Term International Treasury Bond Index
- Low expense ratio of 0.00%
- Relatively low volatility compared to longer-term bond funds
⚠️ Primary Risks
- Interest rate risk: Bond prices may decline as interest rates rise
- Currency risk: Returns may be impacted by fluctuations in foreign exchange rates
- Credit risk: Potential for default or downgrade of underlying bond issuers
- Liquidity risk: Difficulty buying or selling shares during volatile market conditions
👤 Best For
This ETF may be suitable for investors seeking low-risk exposure to short-term international government bonds as part of a diversified fixed income allocation. It could be appropriate for investors with a conservative risk tolerance looking to reduce interest rate sensitivity in their portfolio.
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