State Street® SPDR® Bloomberg Global Aggregate Bond GBP Hdg UCITS ETF (Dist)
State Street® SPDR® Bloomberg Global Aggregate Bond GBP Hdg UCITS ETF (Dist)
About
State Street® SPDR® Bloomberg Global Aggregate Bond GBP Hdg UCITS ETF (Dist) (IE00BF1QPJ56) is a UCITS-compliant bond ETF tracking the Bloomberg Global Aggregate Bond Index (GBP hedged). With a TER of 0.1%, it ranks among the lowest-cost options in its category, distributing dividends. The fund holds 10,803 positions across 68 regions with 123M in assets, with heavy concentration — 62% in government bonds.
Score Breakdown
Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database. Last updated: Jul 2, 2026
| Component | Score | Details |
|---|---|---|
| Overall | 7.6 | Diversification (45%) · Cost (30%) · Liquidity (25%) |
| Cost (30%) | 8.5 | Tracking Difference: 9.5 · TD Consistency: 5.9 · Expense Ratio (TER): 8.1 |
| Diversification (45%) | 8.0 | Holding Count: 10.0 · Country Concentration: 9.0 · Sector Concentration: 3.9 |
| Liquidity (25%) | 5.7 | Assets Under Management |
Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.
ISIN
Fund Size $123.1M
Issuer SPDR
Distribution Pays Dividends
Replication —
Inception Feb 2018
Base Currency USD
Index Bloomberg Global Aggregate Bond Index (GBP hedged)
Asset Class Bonds
Category Aggregate Bond
Costs
8.5 This fund has low total costs, with competitive tracking and expense ratios.
TER0.00%
Tracking Difference0.00%
TD Consistency0.00%
TER0.00%
Tracking Difference0.00%
TD Consistency0.00%
| Metric | Value |
|---|---|
| TER | 0.10% |
| Tracking Difference (avg) | -0.09% |
| TD Consistency (std dev) | 0.11% |
Cumulative Returns
Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%
| Period | Cumulative Return |
|---|---|
| 1 Month | +0.64% |
| 3 Months | -0.89% |
| 6 Months | +0.00% |
| 1 Year | +3.71% |
| 3 Years | +12.53% |
| 5 Years | +1.78% |
| 10 Years | -0.05% |
| YTD | +0.77% |
| Since Inception | +12.75% |
Holdings
10.0 This fund spreads its investments across 10,803 individual holdings, providing broad diversification.
Sectors
3.9 This fund is concentrated in just a few of its 15 sectors, reducing diversification.
| Sector | Weight |
|---|---|
| Government Bonds | 6234.00% |
| Corporate Bonds | 2196.00% |
| Unknown | 1104.00% |
| Securitized Bonds | 487.00% |
| Financials | 100.00% |
| Cash & Equivalents | 70.00% |
| Utilities | 10.00% |
| Consumer Discretionary | 8.00% |
| Energy | 7.00% |
| Industrials | 6.00% |
| Consumer Staples | 3.00% |
| Health Care | 3.00% |
| Technology | 3.00% |
| Materials | 1.00% |
| Real Estate | 0.00% |
Regions
9.0 This fund is well-diversified across 69 countries, closely matching the global market.
| Country | Weight |
|---|---|
| United States | 3547.00% |
| China | 1040.00% |
| Japan | 779.00% |
| UNKNOWN | 640.00% |
| France | 521.00% |
| United Kingdom | 438.00% |
| Germany | 424.00% |
| Canada | 332.00% |
| Italy | 304.00% |
| Spain | 213.00% |
| SNAT | 191.00% |
| Netherlands | 170.00% |
| Australia | 169.00% |
| South Korea | 106.00% |
| Belgium | 89.00% |
| Austria | 65.00% |
| Mexico | 60.00% |
| Luxembourg | 59.00% |
| Cayman Islands | 58.00% |
| Indonesia | 57.00% |
| Sweden | 54.00% |
| Poland | 52.00% |
| Switzerland | 46.00% |
| Malaysia | 43.00% |
| Finland | 42.00% |
| Ireland | 39.00% |
| Thailand | 35.00% |
| Denmark | 33.00% |
| United Arab Emirates | 28.00% |
| Israel | 28.00% |
| Romania | 28.00% |
| Singapore | 28.00% |
| Norway | 27.00% |
| Portugal | 26.00% |
| Chile | 19.00% |
| Czechia | 19.00% |
| Hungary | 18.00% |
| New Zealand | 18.00% |
| Saudi Arabia | 17.00% |
| Greece | 14.00% |
| Jersey | 14.00% |
| Peru | 14.00% |
| XS | 13.00% |
| Slovakia | 12.00% |
| Philippines | 7.00% |
| British Virgin Islands | 7.00% |
| Hong Kong SAR China | 6.00% |
| Panama | 6.00% |
| Qatar | 6.00% |
| Lithuania | 5.00% |
| Slovenia | 5.00% |
| Bulgaria | 4.00% |
| Bermuda | 4.00% |
| Uruguay | 4.00% |
| India | 3.00% |
| Cyprus | 2.00% |
| Croatia | 2.00% |
| Iceland | 2.00% |
| Kazakhstan | 2.00% |
| MULT | 2.00% |
| Oman | 2.00% |
| Guernsey | 1.00% |
| Kuwait | 1.00% |
| Barbados | 0.00% |
| Bahrain | 0.00% |
| Estonia | 0.00% |
| Isle of Man | 0.00% |
| Liberia | 0.00% |
| Latvia | 0.00% |
Nerd Stuff
Advanced risk and return metrics (2023-07-02 — 2026-06-30).
2.8%
Volatility
-4.9%
Max Drawdown
-0.57
Sharpe Ratio
-0.75
Sortino Ratio
-0.33
Calmar Ratio
0.19
Beta
-5.66%
Alpha (Jensen's)
0.159
R²
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).
Similar ETFs
Other funds tracking Aggregate Bond indices.
Vanguard Global Bond Index Fund GBP Hedged Acc
IE00B50W2R13·TER 0.15%
iShares US Aggregate Bond UCITS ETF
IE00BYXYYM63·TER 0.25%
Vanguard EUR Eurozone Government Bond UCITS ETF (EUR) Accumulating
IE00BH04GL39·TER 0.07%
iShares Core Global Aggregate Bond UCITS ETF
IE00BZ043R46·TER 0.10%
iShares Broad Global Govt Bond UCITS ETF
IE0001JK8FV4·TER 0.13%
Vanguard EUR Corporate Bond UCITS ETF (EUR) Distributing
IE00BZ163G84·TER 0.07%
Feedback
ETFs
Basket
Compare
Millennial Index