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BWX vs ICSH

State Street SPDR Bloomberg International Treasury Bond ETF vs iShares Ultra Short Duration Bond Active ETF

BWX

State Street SPDR Bloomberg International Treasury Bond ETF

State Street Investment Management

Annual cost

0.35%

Fund size

$1.5B

ICSH

iShares Ultra Short Duration Bond Active ETF

iShares

Annual cost

0.08%

Fund size

$7.3B

Key differences

  • ICSH costs 0.27% less per year.
  • ICSH is significantly larger than BWX — larger funds tend to be more liquid and less likely to close.
  • BWX covers global ex us markets; ICSH covers north america.
  • BWX follows a index tracking strategy; ICSH uses active selection.
  • Over the last 3 years, ICSH has delivered higher annualized returns.
  • BWX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

BWXICSH
Annual cost (TER)0.35%0.08%
Fund size (AUM)$1.5B$7.3B
Since20072013
Dividend yield2.27%4.41%
Asset classfixed incomefixed income
Regionglobal ex usnorth america
Strategyindex trackingactive selection
CAGR 1Y-1.0%+4.4%
CAGR 3Y+0.7%+5.2%
CAGR 5Y-4.3%+3.7%
Sharpe 3Y-0.273.35
Volatility 1Y7.81%0.41%
Max drawdown-34.00%-3.94%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to BWX and ICSH