ATLASSPDR Bloomberg Short Term International Treasury Bond ETF (BWZ): outlook, holdings and fees
SPDR Bloomberg Short Term International Treasury Bond ETF (BWZ) is an exchange-traded fund and is managed by State Street Investment Management. The expense ratio is 0.33% and the yield is 2.07%. The ten largest holdings are 0% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on BWZ
| Last price | $26.67 (-0.2%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 66% |
| Likely 1-month range (50%) | $26.57 – $27.08 |
| Normal 1-day range (±1σ) | ±0.3% |
| Distribution yield | 2.07% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
BWZ fund facts
| Issuer | State Street Investment Management |
|---|---|
| Theme | Treasuries |
| Assets under management | $319M |
| Expense ratio | 0.33% |
| Number of holdings | 5 |
| Portfolio turnover | 53% |
| Inception | Jan 15, 2009 |
| Exchange | NYSE |
The fund invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to measure the performance of fixed-rate local currency sovereign debt of investment grade countries outside the United States that have remaining maturities of one to three years. The fund is non-diversified.
BWZ top holdings
| Holding | Sector | Weight |
|---|---|---|
| Audacy Inc AUD | Communication Services | 0.05% |
| ProShares Ultra Semiconductors USD | – | 0.01% |
| Penumbra Inc PEN | Healthcare | 0.00% |
| Nokia Corp ADR NOK | Technology | 0.00% |
| Intrawest Corp IDR_old | Other | 0.00% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
BWZ returns and risk
| Year to date | -1.3% |
|---|---|
| 1 year | -0.6% |
| 3 years (annualised) | +3.5% |
| 5 years (annualised) | -1.3% |
| 10 years (annualised) | -0.5% |
| Volatility (3 years) | 7.1% |
| Sharpe ratio (3 years) | -0.14 |
Past returns do not guarantee future results.
BWZ: frequently asked questions
What does BWZ invest in?
SPDR Bloomberg Short Term International Treasury Bond ETF invests in a portfolio of securities. Its largest holdings are Audacy Inc (0.0%), ProShares Ultra Semiconductors (0.0%), Penumbra Inc (0.0%), Nokia Corp ADR (0.0%), Intrawest Corp (0.0%).
What is the BWZ expense ratio?
0.33% a year: about $33.00 for every $10,000 invested.
What is the BWZ dividend yield?
2.07%. ATLAS does not hold the exact distribution dates for ETFs.
Will BWZ go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 66%, with a likely range (50%) of $26.57 to $27.08 from $26.67 today. It is a probability, not a prediction.
How has BWZ performed?
Year to date -1.3%, one year -0.6%, three years +3.5% a year, five years -1.3% a year. Past returns do not guarantee future results.
Similar ETFs: Treasuries
- iShares U.S. Treasury Bond ETF (GOVT)
- iShares 7-10 Year Treasury Bond ETF (IEF)
- iShares 3-7 Year Treasury Bond ETF (IEI)
- Schwab Short-Term U.S. Treasury ETF (SCHO)
- Schwab Intermediate-Term U.S. Treasury ETF (SCHR)
- iShares 10-20 Year Treasury Bond ETF (TLH)
- SPDR Portfolio Long Term Treasury ETF (SPTL)
- State Street SPDR Portfolio Intermediate Term Treasury ETF (SPTI)
Educational information, not investment advice. Disclaimer