Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
How It Works 
News - Chart
- Upturn Summary
- Fund Details
Upturn AI Summary
SPDR® Bloomberg International Treasury Bond ETF(BWX)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for BWX
10/13/2026: BWX (1-star) is currently NOT-A-BUY. Pass it for now.
BWX offers investors exposure to investment-grade sovereign debt from developed and emerging nations outside the U.S., providing diversification from domestic interest rate environments. It is a well-established, liquid fund backed by SSGA that tracks a market-capitalization-weighted index. While it provides high credit quality, investors should be aware of risks related to currency fluctuations and global interest rate trends. It is best suited for long-term investors aiming to hedge against U.S.-specific economic cycles or seeking exposure to international bond markets.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | International government bonds are typically not a core component of growth-oriented equity strategies. |
| Momentum investor | Strong fit while signal remains positive | Momentum investors may find opportunities in this fund when foreign currencies are strengthening or global rates are trending favorably. |
| Value investor | Mixed fit | Value investors might use this to capture yield differentials compared to domestic bonds when international valuations appear attractive. |
| Dividend/Income investor | Strong fit | Income investors may use this to diversify income sources and gain exposure to international interest rate environments. |
| Low-risk investor | Mixed fit | While sovereign debt is high quality, currency fluctuations can introduce significant volatility for conservative portfolios. |
Investor Profile
Ideal Investor Profile
The ideal investor is looking for non-U.S. sovereign debt exposure to diversify a domestic-heavy bond portfolio.
Suitability
Best suited for long-term investors seeking geographic diversification rather than active traders.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | Medium | Currency fluctuations combined with interest rate movements can create price volatility. |
| Market risk | Medium | The fund is subject to broad economic and geopolitical risks across the various countries in its index. |
| Concentration | Low | The portfolio is well-diversified across many countries, preventing reliance on a single nation's economy. |
| Tracking/expense | Low | The fund maintains a low expense ratio and tracks its benchmark with high fidelity. |
| Liquidity | Low | The underlying government bonds are among the most liquid assets globally. |
| Business/sector quality | Low | The fund focuses on investment-grade sovereign debt, which carries lower default risk. |
Risk Analysis
Volatility
BWX exhibits moderate volatility, driven by both bond price changes and currency fluctuations.
Market Risk
Primary risks include interest rate risk across multiple jurisdictions and the impact of non-USD currency performance.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Fixed-income type | Developed Market Sovereign Bonds (ex-US) | 85 | These bonds provide exposure to the interest rates and credit quality of stable, established foreign economies. |
| Fixed-income type | Emerging Market Sovereign Bonds | 12 | These holdings offer higher potential yields but carry increased geopolitical and economic risk compared to developed markets. |
| Cash/collateral | Cash and Cash Equivalents | 3 | Small cash positions are maintained for liquidity management and to facilitate daily fund operations. |
Price Behavior
Downtrend
The stock has experienced a sustained decline in price over recent periods.
Very Smooth
The stock has followed a highly orderly price path with minimal short-term disruption.
Analysis of Past Performance
Type ETF | Historic Profit 1.27% | Avg. Invested days 41 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/13/2026 |
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
All company names, trademarks, logos, and brands are the property of their respective owners and are used for identification and informational purposes only. Use of these names, trademarks, and logos does not imply endorsement by their respective owners.