BWZ Stock Summary and Trading Ideas (SPDR Bloomberg Short Term International Treasury Bond ETF | ARCA:BWZ)

The SPDR Bloomberg Short Term International Treasury Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg 1-3 Year Global Treasury ex-US Capped Index (the "Index"). The Bloomberg 1-3 Year Global Treasury ex-US Capped index is designed to measure the performance of fixed-rate local currency sovereign debt of investment grade countries outside the United States that have remaining maturities of one to three years. The Index includes government bonds issued by investment grade countries outside the United States, in local currencies, that have remaining maturities of one to three years and are rated investment grade.

SPDR Bloomberg Short Term International Treasury Bond ETF trades on the ARCA stock market under the symbol BWZ.

As of April 19, 2024, BWZ stock price declined to $25.78 with 4,860 million shares trading.

BWZ has a beta of 0.22, meaning it tends to be less sensitive to market movements. BWZ has a correlation of 0.18 to the broad based SPY ETF.

BWZ has a market cap of $157.26 million. This is considered a Micro Cap stock.

In the last 3 years, BWZ stock traded as high as $32.55 and as low as $24.48.

BWZ has underperformed the market in the last year with a return of -3.2%, while the SPY ETF gained +21.2%. In the last 3 month period, BWZ fell short of the market, returning -2.9%, while SPY returned +3.0%. However, in the most recent 2 weeks BWZ has outperformed the stock market by returning -2.0%, while SPY returned -4.5%.

BWZ support price is $25.68 and resistance is $25.94 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BWZ stock will trade within this expected range on the day.