See what your fund actually adds
State Street SPDR Bloomberg Short Term International Treasury Bond ETF BWZ
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | BWZ | Replication |
|---|---|---|
| Annualized growth | -1.4% | 1.9% |
| Annualized volatility | 6.7% | 6.3% |
| Sharpe ratio | -0.17 | 0.34 |
| Maximum drawdown | 20.3% | 17.4% |
| Replication fit (R²) | 0.71 · Tracking error 3.6% | |
Replication portfolio
The published portfolio below is the investable basket used to model BWZ’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| EMLC | FI · EM Local Currency | 52.2% |
| VGIT | FI · Intermediate Gov | 37.3% |
| VNQI | Alternatives · Intl Real Estate | 5.4% |
| IAU | Alternatives · Gold | 5.1% |