iShares Global Government Bond USD Hedged Active ETF

iShares Global Government Bond USD Hedged Active ETF

About

iShares Global Government Bond USD Hedged Active ETF (US0925288351) is a US-listed bond ETF tracking the Bloomberg Global Treasury USD Hedged Index. With a expense ratio of 0.39%, it is moderately priced, paying distributions. The fund holds 1,064 positions across 38 regions with 2.8B in assets, with heavy concentration — 89% in government bonds.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database. Last updated: Jun 22, 2026
Component Score Details
Cost (30%) 7.9 Tracking Difference: 10.0 · TD Consistency: — · Expense Ratio: 2.9
Liquidity (25%) 9.2 Assets Under Management

Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.

Ticker GGOV
ISIN
Fund Size $2.8B
Issuer iShares
Distribution Pays Distributions
Replication Physical
Inception Jun 2025
Base Currency USD
Index Bloomberg Global Treasury USD Hedged Index
Asset Class Bonds
Category Us Treasury

Costs

7.9
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What expense ratio, tracking difference, and TD consistency measure

Expense ratio (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures the expense ratio plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.

Expense Ratio0.00%
 
Metric Value
Expense Ratio 0.39%

Cumulative Returns

Performance across different time periods.
Year to Date+0.00%
 
Period Cumulative Return
1 Month
3 Months
6 Months
1 Year
3 Years
5 Years
10 Years
YTD +2.46%
Since Inception

Holdings

This fund invests into 1,064 individual investments.
#1
BLACKROCK CASH CL INST SL AGENCY
4.50%
#2
United States Treasury Note/Bond
1.82%
#3
CASH COLLATERAL USD RBCFT
1.77%
#4
United States Treasury Note/Bond
1.76%
#5
United States Treasury Note/Bond
1.68%
#6
United States Treasury Note/Bond
1.64%
#7
United States Treasury Note/Bond
1.46%
#8
United States Treasury Note/Bond
1.42%
#9
United States Treasury Note/Bond
1.36%
#10
United States Treasury Note/Bond
1.34%
View all holdings (50)
# Holding Ticker Weight
1 BLACKROCK CASH CL INST SL AGENCY 450.05%
2 United States Treasury Note/Bond 181.74%
3 CASH COLLATERAL USD RBCFT 177.19%
4 United States Treasury Note/Bond 175.63%
5 United States Treasury Note/Bond 168.02%
6 United States Treasury Note/Bond 164.21%
7 United States Treasury Note/Bond 146.00%
8 United States Treasury Note/Bond 141.66%
9 United States Treasury Note/Bond 136.40%
10 United States Treasury Note/Bond 134.16%
11 United States Treasury Note/Bond 124.86%
12 CASH COLLATERAL USD XBNPU 105.84%
13 United States Treasury Note/Bond 98.80%
14 United States Treasury Note/Bond 94.93%
15 United States Treasury Note/Bond 94.14%
16 United States Treasury Note/Bond 92.48%
17 United States Treasury Note/Bond 90.48%
18 United States Treasury Note/Bond 87.82%
19 United States Treasury Note/Bond 81.38%
20 United States Treasury Note/Bond 81.30%
21 United States Treasury Note/Bond 79.22%
22 United States Treasury Note/Bond 74.67%
23 United States Treasury Note/Bond 72.00%
24 United States Treasury Note/Bond 70.59%
25 United States Treasury Note/Bond 69.32%
26 United States Treasury Note/Bond 68.30%
27 United States Treasury Note/Bond 66.61%
28 United States Treasury Note/Bond 66.32%
29 United States Treasury Note/Bond 58.15%
30 Japan Government Five Year Bond 57.54%
31 Italy Buoni Poliennali Del Tesoro 53.96%
32 French Republic Government Bond OAT 53.53%
33 Japan Government Ten Year Bond 52.79%
34 United States Treasury Note/Bond 52.54%
35 Japan Government Two Year Bond 52.14%
36 French Republic Government Bond OAT 52.00%
37 Japan Government Ten Year Bond 50.97%
38 Japan Government Thirty Year Bond 50.21%
39 Japan Government Thirty Year Bond 49.79%
40 THE PEOPLE S 1.29% 15Mar28 49.41%
41 United States Treasury Note/Bond 49.11%
42 Japan Government Thirty Year Bond 49.05%
43 United States Treasury Note/Bond 47.72%
44 Japan Government Thirty Year Bond 47.11%
45 Japan Government Thirty Year Bond 46.74%
46 United States Treasury Note/Bond 46.23%
47 French Republic Government Bond OAT 46.03%
48 China Government Bond 44.36%
49 Japan Government Thirty Year Bond 44.02%
50 CASH COLLATERAL USD XBNPU 43.14%

Sectors

Allocation by industry sector.
 
Sector Weight
Government Bonds 8851.00%
Unknown 1357.00%
Financials 2.00%

Regions

Geographic allocation by country of risk.
 
Country Weight
United States 3259.00%
Japan 1321.00%
UNKNOWN 936.00%
China 927.00%
France 541.00%
United Kingdom 539.00%
Italy 500.00%
Spain 313.00%
Germany 230.00%
Canada 179.00%
South Korea 151.00%
Australia 121.00%
Belgium 116.00%
Netherlands 93.00%
Austria 75.00%
Malaysia 72.00%
Mexico 69.00%
Indonesia 65.00%
Thailand 63.00%
Poland 54.00%
Portugal 40.00%
Finland 38.00%
Ireland 29.00%
Israel 29.00%
Singapore 27.00%
Czechia 26.00%
Switzerland 23.00%
Greece 21.00%
New Zealand 20.00%
Romania 17.00%
Slovakia 17.00%
Hungary 15.00%
Denmark 14.00%
Sweden 13.00%
Norway 12.00%
Peru 12.00%
Chile 11.00%
Bulgaria 6.00%
Slovenia 6.00%
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