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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 (10-02-2026) |
$17.26 |
|---|---|
| Change |
-$0.08
(-0.46%)
|
| Open | $17.32 |
|---|---|
| Day Range | $17.26 - $17.32 |
| Volume | 31,789 |
As at August 31, 2026
As at August 31, 2026
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Legend
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Fund Returns
Inception Return (April 08, 2019): 0.08%
| 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 | -0.17% | -1.06% | -2.67% | -1.33% | -0.61% | 0.06% | 1.74% | 0.85% | -1.63% | -1.40% | -0.85% | - | - | - |
| Benchmark | -0.84% | -0.50% | -1.39% | 0.16% | 0.75% | 2.93% | 4.03% | 3.71% | -0.35% | -0.87% | -0.26% | 0.99% | 1.17% | 0.60% |
| Category Average | -0.03% | -2.03% | -2.03% | -0.52% | 0.54% | 1.34% | 3.09% | 2.43% | -0.35% | -0.11% | 0.42% | 1.18% | 0.97% | 0.89% |
| Category Rank | 145 / 242 | 112 / 238 | 151 / 236 | 151 / 236 | 164 / 224 | 145 / 197 | 149 / 172 | 124 / 142 | 96 / 119 | 69 / 94 | 67 / 88 | - | - | - |
| Quartile Ranking | 3 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 3 | 4 | - | - | - |
Monthly Return
| Return % | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.52% | 0.70% | 0.00% | -0.49% | -0.09% | 1.46% | -2.02% | -0.03% | 0.44% | 0.25% | -1.15% | -0.17% |
| Benchmark | 2.14% | 0.41% | -0.23% | -1.70% | -0.25% | 1.83% | -0.86% | -1.43% | 1.42% | 2.33% | -1.94% | -0.84% |
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 | 94.79 |
| Canadian Corporate Bonds | 3.00 |
| Canadian Government Bonds | 1.96 |
| Cash and Equivalents | 0.13 |
| Foreign Corporate Bonds | 0.12 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 99.87 |
| Cash and Cash Equivalent | 0.13 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 45.59 |
| Europe | 29.64 |
| Asia | 14.90 |
| Latin America | 0.58 |
| Multi-National | 0.35 |
| Other | 8.94 |
Top Holdings
| Name | Percent |
|---|---|
| US TREASURY N/B 4.00% 31-May-2028 | 0.59 |
| United States Treasury 4.50% 15-Nov-2033 | 0.58 |
| United States Treasury 4.25% 15-Nov-2034 | 0.51 |
| United States Treasury 3.63% 31-Aug-2029 | 0.50 |
| United States Treasury 4.38% 15-May-2034 | 0.48 |
| United States Treasury 3.88% 15-Aug-2034 | 0.47 |
| US TREASURY N/B 4.13% 31-May-2031 | 0.43 |
| United States Treasury 4.25% 15-May-2035 | 0.41 |
| US TREASURY N/B 3.88% 30-Apr-2031 | 0.40 |
| United States Treasury 2.88% 15-May-2032 | 0.36 |
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 | 4.15% | 4.97% | - |
|---|---|---|---|
| Beta | 0.57% | 0.59% | - |
| Alpha | -0.01% | -0.01% | - |
| Rsquared | 0.48% | 0.54% | - |
| Sharpe | -0.37% | -0.91% | - |
| Sortino | -0.40% | -1.08% | - |
| Treynor | -0.03% | -0.08% | - |
| Tax Efficiency | 41.58% | - | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.10% | 4.15% | 4.97% | - |
| Beta | 0.40% | 0.57% | 0.59% | - |
| Alpha | -0.01% | -0.01% | -0.01% | - |
| Rsquared | 0.47% | 0.48% | 0.54% | - |
| Sharpe | -0.91% | -0.37% | -0.91% | - |
| Sortino | -1.25% | -0.40% | -1.08% | - |
| Treynor | -0.07% | -0.03% | -0.08% | - |
| Tax Efficiency | - | 41.58% | - | - |
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) | $439 |
| 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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