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iShares Global Government Bond Index ETF (CAD-Hedged) (XGGB : NEO)
Global Fixed Income
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FundGrade E
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|
Close (10-15-2026) |
$17.46 |
|---|---|
| Change |
$0.09
(0.52%)
|
| Open | $17.44 |
|---|---|
| Day Range | $17.39 - $17.47 |
| Volume | 193,593 |
As at September 30, 2026
As at September 30, 2026
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Legend
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Fund Returns
Inception Return (April 08, 2019): -0.15%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | -1.73% | -3.02% | -2.37% | -3.03% | -2.82% | -1.28% | 1.85% | 1.24% | -1.74% | -1.81% | -1.01% | - | - | - |
| Benchmark | -0.38% | -3.13% | -0.91% | -0.21% | -1.73% | 1.78% | 5.02% | 3.78% | -0.24% | -1.29% | -0.11% | 1.17% | 1.26% | 0.50% |
| Category Average | -1.68% | -1.82% | -1.82% | -2.19% | -2.18% | -0.18% | 3.26% | 2.77% | -0.51% | -0.41% | 0.25% | 1.03% | 0.84% | 0.70% |
| Category Rank | 111 / 244 | 76 / 239 | 147 / 238 | 140 / 236 | 116 / 228 | 133 / 200 | 147 / 174 | 128 / 147 | 97 / 122 | 72 / 97 | 67 / 88 | - | - | - |
| Quartile Ranking | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 3 | 4 | - | - | - |
Monthly Return
| Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.70% | 0.00% | -0.49% | -0.09% | 1.46% | -2.02% | -0.03% | 0.44% | 0.25% | -1.15% | -0.17% | -1.73% |
| Benchmark | 0.41% | -0.23% | -1.70% | -0.25% | 1.83% | -0.86% | -1.43% | 1.42% | 2.33% | -1.94% | -0.84% | -0.38% |
Best Monthly Return Since Inception
3.08% (November 2023)
Worst Monthly Return Since Inception
-3.23% (September 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | 5.85% | -2.26% | -13.30% | 5.43% | 1.06% | 2.16% |
| Benchmark | -1.36% | -0.08% | 7.82% | 1.45% | 7.03% | -6.05% | -10.83% | 2.72% | 6.80% | 3.01% |
| Category Average | 2.08% | 2.75% | -0.04% | 5.49% | 5.94% | -1.81% | -10.70% | 5.33% | 2.37% | 3.68% |
| Quartile Ranking | - | - | - | - | 3 | 2 | 4 | 3 | 4 | 3 |
| Category Rank | - | - | - | - | 63/ 90 | 38/ 97 | 102/ 125 | 79/ 147 | 138/ 181 | 151/ 207 |
Best Calendar Return (Last 10 years)
5.85% (2020)
Worst Calendar Return (Last 10 years)
-13.30% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Foreign Government Bonds | 95.22 |
| Canadian Corporate Bonds | 2.70 |
| Canadian Government Bonds | 1.93 |
| Foreign Corporate Bonds | 0.15 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 100.00 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 45.25 |
| Europe | 28.74 |
| Asia | 15.47 |
| Latin America | 0.55 |
| Multi-National | 0.39 |
| Other | 9.60 |
Top Holdings
| Name | Percent |
|---|---|
| United States Treasury 2.88% 15-May-2032 | 0.44 |
| United States Treasury 4.38% 15-May-2034 | 0.43 |
| United States Treasury 4.00% 31-May-2030 | 0.41 |
| United States Treasury 4.25% 15-Aug-2035 | 0.41 |
| United States Treasury 0.63% 15-Aug-2030 | 0.40 |
| US TREASURY N/B 4.38% 15-May-2036 | 0.40 |
| United States Treasury 4.13% 15-Nov-2032 | 0.40 |
| United States Treasury 3.88% 30-Apr-2030 | 0.39 |
| France Government 2.50% 25-May-2030 | 0.39 |
| United States Treasury 4.00% 15-Feb-2034 | 0.38 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
iShares Global Government Bond Index ETF (CAD-Hedged)
Median
Other - Global Fixed Income
3 Yr Annualized
| Standard Deviation | 4.10% | 5.00% | - |
|---|---|---|---|
| Beta | 0.58% | 0.59% | - |
| Alpha | -0.01% | -0.02% | - |
| Rsquared | 0.42% | 0.53% | - |
| Sharpe | -0.34% | -0.94% | - |
| Sortino | -0.37% | -1.09% | - |
| Treynor | -0.02% | -0.08% | - |
| Tax Efficiency | 44.79% | - | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.45% | 4.10% | 5.00% | - |
| Beta | 0.45% | 0.58% | 0.59% | - |
| Alpha | -0.02% | -0.01% | -0.02% | - |
| Rsquared | 0.39% | 0.42% | 0.53% | - |
| Sharpe | -1.46% | -0.34% | -0.94% | - |
| Sortino | -1.68% | -0.37% | -1.09% | - |
| Treynor | -0.11% | -0.02% | -0.08% | - |
| Tax Efficiency | - | 44.79% | - | - |
Fund Details
| Start Date | April 08, 2019 |
|---|---|
| Instrument Type | Exchange Traded Fund |
| Share Class | Do-It-Yourself |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $366 |
| 52 Week High | $18.52 |
| 52 Week Low | $17.22 |
| Annual Dividend | $0.50 |
| Annual Yield | - |
| Index | FTSE World Government Bond Index (Currency-Hedged in CAD) |
| Shares Outstanding | - |
| Registered Plan Eligible | Yes |
ETF Characteristics
| Exposure | 1x performance |
|---|---|
| Asset Class High | - |
| Asset Class Medium | - |
| Asset Class Low | - |
| Leveraged | - |
| Inverse | - |
| Advisor Series | - |
| Covered Call Strategy | No |
Investment Objectives
XGGB seeks to replicate, to the extent possible and before fees and expenses, the performance of a broad world government bond index that is hedged to Canadian dollars. Currently, XGGB seeks to track the FTSE World Government Bond Index (Currency-Hedged in CAD).
Investment Strategy
XGGB's current principal investment strategy is to employ a Sampling Strategy. In addition to or as an alternative to this strategy, XGGB may invest by employing a Replicating Strategy, by investing in one or more iShares ETFs and/or through the use of derivatives. XGGB employs a Currency Hedging Strategy with respect to foreign currency exposure.
Portfolio Management
| Portfolio Manager |
BlackRock Asset Management Canada Limited |
|---|---|
| Sub-Advisor |
BlackRock Institutional Trust Company, N.A. |
Management and Organization
| Fund Manager |
BlackRock Asset Management Canada Limited |
|---|---|
| Custodian |
State Street Trust Company Canada |
| Registrar |
TSX Trust Company State Street Trust Company Canada |
| Distributor |
- |
Fees
| MER | 0.23% |
|---|---|
| Management Fee | 0.20% |
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