BWX Stock Recent News

A reader asked for my thoughts on BWX. BWX offers diversified exposure to international government bonds, but with higher risk and lower returns compared to US treasuries. It has few important benefits. An overview of the fund follows.

SPDR Bloomberg International Treasury Bond ETF owns investment-grade international treasury bonds with minimal credit risk. BWX has declined significantly since 2021, losing over 32% of its value from its peak. The fund's interest yield is not attractive compared to the U.S. treasury yield, but its fund price may benefit from a weakening U.S. dollar and lower global inflation in the future.

BWX is an exchange-traded fund focused on international government bonds. The fund purchases investment-grade bonds only, making it a rates play. The fund was down -20% last year as central banks hiked rates.

BWX is part of a class of ETFs that investors could be excused for ignoring since at least 2018, if not several years prior. This ETF buys government bonds from many nations, just not from the US.