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iShares Global Government Bond Index ETF (CAD-Hedged) (XGGB : NEO)

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Global Fixed Income

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

Close
(11-04-2025) 		$18.34
Change
-$0.07 (-0.38%)
Open $18.40
Day Range $18.35 - $18.40
Volume 38,026

As at September 30, 2025

As at September 30, 2025

  • Closing Price / Volume
Period
Created with Highcharts 10.3.3Closing PriceVolumeJul 2019Jan 2020Jul 2020Jan 2021Jul 2021Jan 2022Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025Jul 2025Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 2025May 2025Jun 2025Jul 2025Aug 2025Sep 2025Sep 2025Oct 20252020-01-012021-01-012022-01-012023-01-012024-01-012025-01-01$18.00$20.00$22.00$16.00$24.00$18.25$18.50$18.75010,000,0002,500,0005,000,000Period
Created with Highcharts 10.3.3May 2019May 2…Sep 2019Jan 2020May 2020Sep 2020Jan 2021May 2021Sep 2021Jan 2022May 2022Sep 2022Jan 2023May 2023Sep 2023Jan 2024May 2024Sep 2024Jan 2025May 2025Sep 2025Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 2025May 2025Jun 2025Jul 2025Aug 2025Sep 2025Oct 20252020-01-012021-01-012022-01-012023-01-012024-01-012025-01-01-20%-10%0%10%20%-2%-1%1%2%Period

Legend

iShares Global Government Bond Index ETF (CAD-Hedged)

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Fund Returns

Inception Return (September 21, 2017): 0.73%

Fund Returns
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 0.52% 0.24% 1.15% 1.94% 0.28% 4.27% 2.63% -1.47% -1.61% -0.70% 0.86% 0.76% - -
Benchmark 2.14% 2.74% 1.56% 4.60% 5.42% 8.56% 5.69% 0.14% -1.20% 0.17% 1.60% 1.64% 0.75% 1.30%
Category Average 1.05% 1.93% 1.93% 3.67% 1.87% 6.09% 4.48% -0.09% -0.05% 0.66% 1.50% 1.22% 1.03% 1.46%
Category Rank 198 / 236 224 / 236 161 / 223 172 / 220 166 / 218 156 / 188 143 / 160 106 / 135 76 / 104 68 / 95 46 / 86 36 / 74 - -
Quartile Ranking 4 4 3 4 4 4 4 4 3 3 3 2 - -

Monthly Return

Created with Highcharts 10.3.3Oct 24Nov 24Dec 24Jan 25Feb 25Mar 25Apr 25May 25Jun 25Jul 25Aug 25Sep 25-2%-1%0%1%2%3%
Monthly Return
Return % Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Fund -1.54% 1.11% -1.18% 0.13% 1.15% -0.49% 1.01% -0.74% 0.64% -0.46% 0.18% 0.52%
Benchmark -0.37% 0.95% 0.21% 1.24% 1.20% 0.53% -1.24% -1.07% 1.17% -0.22% 0.81% 2.14%

Best Monthly Return Since Inception

3.08% (November 2023)

Worst Monthly Return Since Inception

-3.23% (September 2022)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - 1.81% 6.53% 5.85% -2.26% -13.30% 5.43% 1.06%
Benchmark 16.63% -1.36% -0.08% 7.82% 1.45% 7.03% -6.05% -10.83% 2.72% 6.80%
Category Average 2.92% 2.08% 2.75% -0.04% 5.49% 5.94% -1.81% -10.70% 5.33% 2.37%
Quartile Ranking - - - 2 2 3 2 4 3 3
Category Rank - - - 31/ 78 35/ 91 63/ 97 38/ 104 114/ 138 85/ 160 143/ 195

Best Calendar Return (Last 10 years)

6.53% (2019)

Worst Calendar Return (Last 10 years)

-13.30% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Government Bonds 92.62
Canadian Corporate Bonds 5.59
Canadian Government Bonds 1.79

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 100.00

Geographic Allocation

Geographic Allocation
Name Percent
North America 49.16
Europe 32.25
Asia 16.98
Latin America 0.74
Multi-National 0.48
Other 0.39

Top Holdings

Top Holdings
Name Percent
United States Treasury 1.88% 15-Feb-2032 0.66
United States Treasury 2.75% 15-Aug-2032 0.63
United States Treasury 4.13% 15-Feb-2027 0.59
United States Treasury 4.63% 15-Feb-2035 0.59
United States Treasury 4.13% 31-Jan-2027 0.59
US TREASURY N/B 3.88% 30-Jun-2030 0.57
United States Treasury 4.25% 15-May-2035 0.50
United States Treasury 3.88% 31-Mar-2027 0.47
US TREASURY N/B 3.88% 31-Jul-2030 0.45
US TREASURY N/B 3.88% 31-Jul-2027 0.44

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: M. Average Credit Quality: H.
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return123456789101112131415-4%-2%0%2%4%6%8%10%12%14%

iShares Global Government Bond Index ETF (CAD-Hedged)

Median

Other - Global Fixed Income

3 Yr Annualized

Standard Deviation 4.72% 4.96% -
Beta 0.59% 0.58% -
Alpha -0.01% -0.01% -
Rsquared 0.49% 0.54% -
Sharpe -0.27% -0.83% -
Sortino -0.09% -1.08% -
Treynor -0.02% -0.07% -
Tax Efficiency 64.60% - -
Volatility Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 -

Risk Rating

Rating 2 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 3.14% 4.72% 4.96% -
Beta 0.37% 0.59% 0.58% -
Alpha -0.02% -0.01% -0.01% -
Rsquared 0.17% 0.49% 0.54% -
Sharpe -0.83% -0.27% -0.83% -
Sortino -0.99% -0.09% -1.08% -
Treynor -0.07% -0.02% -0.07% -
Tax Efficiency - 64.60% - -

Fund Details

Start Date September 21, 2017
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $490
52 Week High $18.68
52 Week Low $18.04
Annual Dividend $0.49
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

iShares Global Government Bond (CAD Hedged) Index ETF 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, the iShares Global Government Bond (CAD Hedged) Index ETF seeks to track Citi World Government Bond Index (Currency-Hedged in CAD) (or any successor thereto).

Investment Strategy

The investment strategy of each iShares ETF is to invest in and hold a proportionate share of the Constituent Securities of the applicable index, or other Securities, in a manner that seeks to replicate the performance of that Index, in order to achieve its investment objectives. The iShares ETFs may also hold cash and cash equivalents or other money market instruments in order to meet their current obligations.

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 0.22%
Management Fee 0.20%

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