BWX vs PICB
State Street SPDR Bloomberg International Treasury Bond ETF compared with Invesco International Corporate Bond ETF on yield, payout growth, payment schedule, cost and risk.
BWX
State Street SPDR Bloomberg International Treasury Bond ETF
TTM yield · Monthly
PICB
Invesco International Corporate Bond ETF
TTM yield · Monthly
Quick take
- PICB yields more today: 3.58% vs 2.46% (forward).
- Both pay every month.
- Over the last year PICB delivered the higher total return: -2.8% vs -5.0% (price change plus payouts).
- BWX is cheaper to own: 0.35% vs 0.50% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | BWX | PICB |
|---|---|---|
| Share price | $21.33 | $22.36 |
| TTM yield | 2.46% | 3.58% |
| Forward yield | 2.46% | 3.58% |
| Annual payout per share | $0.524 | $0.801 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 31, 2026 (est.) | Nov 16, 2026 (est.) |
| Expense ratio | 0.35% | 0.50% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | — |
| Payout consistency (last 12) | 93/100 | 93/100 |
| 1-year total return | -5.0% | -2.8% |
| 1-year price return | -7.3% | -6.2% |
| Size (market cap / AUM) | 1.3B | 341.7M |
| Years paying | 19.0 | 16.4 |
| Sector / category | Global Bond | Global Bond |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| BWX | PICB | |
|---|---|---|
| Shares | 468.8 | 447.2 |
| Income per year | $246 | $358 |
| Income per month (avg) | $20 | $30 |
At forward yields, before taxes. Model BWX · Model PICB
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| BWX Oct 31, 2026 | Nov 14, 2026 | $0.0437 | Est. |
| BWX Nov 30, 2026 | Dec 14, 2026 | $0.0437 | Est. |
| BWX Dec 30, 2026 | Jan 13, 2027 | $0.0437 | Est. |
| PICB Nov 16, 2026 | Nov 30, 2026 | $0.0668 | Est. |
| PICB Dec 14, 2026 | Dec 28, 2026 | $0.0668 | Est. |
| PICB Jan 11, 2027 | Jan 25, 2027 | $0.0668 | Est. |
Annual payouts per share
BWXPICB
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, BWX or PICB?
PICB currently has the higher trailing yield: BWX yields 2.46% and PICB yields 3.58%. Yield changes daily with price, so check the live figures above.
How often do BWX and PICB pay?
BWX pays every month and PICB pays every month. BWX's next ex-date is Oct 31, 2026 and PICB's is Nov 16, 2026.
Is BWX or PICB better for income?
It depends on what you are optimising for. BWX and PICB differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.