The Worst Bond ETFs 2025
The Worst 50 Bond Indices for ETFs in 2025
| Investment focus Index | 4 Week Chart | 52 Week Low/High | in 2026 | in 2025 | in 2024 | in 2023 | in 2022 | Number of ETFs |
|---|---|---|---|---|---|---|---|---|
| Bonds Japan Government JPY FTSE Japanese Government Bond | | | -1.95% | -18.97% | -8.44% | -9.69% | -14.37% | 1 ETF |
| Bonds Japan Government JPY Bloomberg Global Japan Treasury 1-3 Year | | | 3.97% | -11.64% | -4.81% | -10.08% | -7.65% | 1 ETF |
| Bonds United States Government USD ICE BofA 0-1 Year US Treasury | | | 8.44% | -11.33% | - | - | - | 2 ETFs |
| Bonds Europe Government EUR iBoxx® EUR Eurozone 20 Target Duration | | | -6.84% | -11.18% | - | - | - | 2 ETFs |
| Bonds India Government INR J.P. Morgan India Government Fully Accessible Route (FAR) Bonds | | | 0.22% | -10.78% | 12.08% | - | - | 4 ETFs |
| Bonds India Government INR Bloomberg Indian Government FAR Bond | | | 0.70% | -10.50% | - | - | - | 2 ETFs |
| Bonds Europe Government EUR Bloomberg Euro Treasury 50bn 25+ Year Bond | | | -6.89% | -10.40% | -2.94% | 10.35% | -41.36% | 2 ETFs |
| Bonds France Government EUR Bloomberg France Treasury Bond (USD Hedged) | | | 1.69% | -9.87% | 6.78% | 26.13% | - | 1 ETF |
| Bonds World Corporate USD Bloomberg MSCI US Corporate SRI Sustainable ex Fossil Fuel Bond | | | 1.82% | -9.80% | 7.80% | - | - | 2 ETFs |
| Bonds Europe Government EUR iBoxx® EUR Eurozone 25+ | | | -7.25% | -9.62% | -3.46% | 10.46% | -40.78% | 1 ETF |
| Bonds China Government CNY Bloomberg China Treasury + Policy Bank (USD Hedged) | | | 9.89% | -9.57% | 18.81% | 4.05% | 8.94% | 1 ETF |
| Bonds Europe Government EUR iBoxx® EUR Sovereigns Eurozone (USD Hedged) | | | 3.93% | -9.24% | 9.83% | 5.50% | -11.67% | 1 ETF |
| Bonds Germany Government EUR eb.rexx® Government Germany 10.5+ | | | -3.54% | -8.66% | -3.05% | 6.81% | -32.77% | 1 ETF |
| Bonds United States Inflation-Linked USD iBoxx® USD Breakeven 10-Year Inflation | | | 10.42% | -8.51% | 13.07% | 1.00% | 9.17% | 1 ETF |
| Bonds Germany Government EUR Deutsche Börse EUROGOV® Germany 10+ | | | -3.70% | -8.47% | -2.68% | 7.26% | -32.69% | 1 ETF |
| Bonds World Government JP Morgan Government Bond Global (USD Hedged) | | | 3.44% | -8.39% | 7.74% | 2.13% | - | 1 ETF |
| Bonds Spain Government EUR Bloomberg Spain Treasury Bond (USD Hedged) | | | 4.68% | -8.22% | 11.23% | 5.25% | -10.92% | 1 ETF |
| Bonds United States Government USD ICE US Treasury 25+ Year Bond | | | -1.48% | -8.17% | - | - | - | 2 ETFs |
| Bonds World Government Solactive Paris Aware Global Government (USD Hedged) | | | 4.34% | -8.01% | 7.29% | - | - | 1 ETF |
| Bonds United States Inflation-Linked USD Bloomberg US Government 10+ Year Inflation-Linked Bond | | | -2.88% | -7.93% | 0.51% | -2.58% | -27.81% | 1 ETF |
| Bonds World Aggregate Solactive Global Green Bond Select (USD Hedged) | | | 4.55% | -7.88% | - | - | - | 1 ETF |
| Bonds World Aggregate Bloomberg MSCI Global Aggregate 500MM ex Securitized Sustainable SRI Sector Neutral (USD Hedged) | | | 3.76% | -7.87% | 8.54% | 3.42% | - | 1 ETF |
| Bonds United States Government USD Bloomberg US Short Treasury | | | 8.57% | -7.85% | 11.93% | 1.22% | 6.79% | 2 ETFs |
| Bonds United States Government USD ICE US Treasury 0-1 Year | | | 8.60% | -7.83% | 11.89% | 1.30% | 7.29% | 1 ETF |
| Bonds United States Government USD Bloomberg Short Treasury | | | 8.59% | -7.82% | 11.90% | 1.40% | 7.16% | 1 ETF |
| Bonds United States Government USD FTSE US Treasury Short Duration | | | 8.58% | -7.81% | 11.89% | 1.38% | 7.17% | 1 ETF |
| Bonds United States Government USD ICE US Treasury 20+ Year | | | -1.53% | -7.78% | -1.85% | -0.46% | -27.06% | 2 ETFs |
| Bonds United States Government USD ICE U.S. Treasury Short Bond | | | 8.59% | -7.77% | 11.91% | 1.39% | 7.22% | 2 ETFs |
| Bonds China Government CNY Bloomberg China Treasury + Policy Bank | | | 13.68% | -7.75% | 10.75% | -1.64% | - | 4 ETFs |
| Bonds United States Government USD Bloomberg US Treasury Coupons | | | 8.49% | -7.75% | 11.85% | 1.36% | 6.69% | 1 ETF |
| Bonds World Inflation-Linked Bloomberg World Government Inflation-Linked Bond (USD Hedged) | | | 4.82% | -7.57% | 5.84% | 0.67% | -12.01% | 1 ETF |
| Bonds World Aggregate Bloomberg Global Aggregate Bond (USD Hedged) | | | 3.94% | -7.52% | 9.43% | 3.00% | -6.09% | 5 ETFs |
| Bonds World Corporate USD iBoxx® USD Liquid Investment Grade Ultrashort | | | 8.82% | -7.47% | 12.50% | 1.79% | 7.71% | 2 ETFs |
| Bonds China Government CNY FTSE Goldman Sachs China Government Bond | | | 12.71% | -7.39% | 11.21% | -1.41% | 0.34% | 2 ETFs |
| Bonds World Corporate USD iBoxx® MSCI ESG SRI USD Liquid Investment Grade Ultrashort | | | 8.15% | -7.35% | 12.27% | 1.75% | 8.01% | 1 ETF |
| Bonds World Corporate EUR iBoxx MSCI ESG EUR FRN Investment Grade Corporates (USD Hedged) | | | 8.24% | -7.30% | 12.58% | 2.15% | 7.72% | 1 ETF |
| Bonds World Corporate USD Bloomberg 2026 Maturity USD Corporate Bond Screened | | | 8.97% | -7.23% | - | - | - | 1 ETF |
| Bonds China Government CNY FTSE Chinese Government Bond | | | 12.44% | -7.19% | 11.19% | -1.16% | 0.58% | 1 ETF |
| Bonds World Corporate USD Bloomberg MSCI December 2026 Maturity USD Corporate ESG Screened | | | 8.66% | -7.19% | 11.69% | - | - | 2 ETFs |
| Bonds World Corporate EUR Bloomberg MSCI Euro Corporate ESG Sustainability SRI (USD Hedged) | | | 6.41% | -7.15% | 12.84% | 6.22% | - | 1 ETF |
| Bonds Italy Government EUR Bloomberg Italy Treasury Bond (USD Hedged) | | | 3.74% | -7.12% | 13.61% | 7.87% | -10.13% | 1 ETF |
| Bonds United States Government USD iBoxx® USD Treasuries 1-3 | | | 6.45% | -7.12% | 10.65% | 0.66% | 2.25% | 1 ETF |
| Bonds United States Government USD Bloomberg US 1-3 Year Treasury Bond | | | 6.31% | -7.08% | 10.53% | 0.60% | 1.99% | 8 ETFs |
| Bonds United States Corporate USD Bloomberg US Floating Rate Notes 1-5 | | | 9.33% | -7.07% | 13.18% | 2.91% | 7.45% | 2 ETFs |
| Bonds United States Government USD JP Morgan Government Bond US 1-3 | | | 6.29% | -7.07% | 10.56% | 0.59% | 2.09% | 1 ETF |
| Bonds World Corporate USD iBoxx MSCI ESG USD FRN Investment Grade Corporates | | | 9.28% | -7.02% | 13.19% | 2.82% | 7.41% | 1 ETF |
| Bonds United Kingdom Government GBP FTSE Actuaries UK Conventional Gilts All Stocks (USD Hedged) | | | 2.55% | -7.02% | 3.02% | 21.69% | - | 1 ETF |
| Bonds United States Government USD ICE US Treasury 1-3 Year | | | 6.38% | -7.02% | 10.64% | 0.63% | 2.04% | 3 ETFs |
| Bonds China Government CNY J.P. Morgan China Government + Policy Bank 20% Capped 1-10 Year | | | 12.42% | -7.01% | 9.49% | -2.21% | 0.00% | 1 ETF |
| Bonds China Government CNY J.P. Morgan China Custom Liquid ESG Capped | | | 12.68% | -7.00% | 9.51% | -2.01% | -0.06% | 2 ETFs |
Source: justETF.com; As of 15/10/2026; Calculations in EUR based on the worst ETF of the respective index in 2025.
ETF Recommendations & Fund Selection
As an independent consumer portal, we are naturally not allowed to provide tailored financial advice or specific ETF recommendations. However, we have compiled essential information regarding exchange-traded funds (ETFs) to help you navigate the market and find the right investment for your portfolio.How to identify top-performing ETFs
Many investors feel overwhelmed by the sheer variety of products available. Our best advice: just get started and keep it simple. Often, purchasing a low-cost, globally diversified ETF is all you need. Which specific provider you choose for tracking the MSCI World index, for example, is entirely up to you. For a comprehensive overview of the best available options, please refer to our MSCI World Investment Guide.Key considerations when selecting an ETF
Crucially, you should avoid over-concentrating your portfolio, for instance, by relying solely on ETFs with heavy exposure to US equities, and instead aim for broad diversification. A further tip: alongside broad diversification, which can be easily achieved via a global equity index like the MSCI World, pay close attention to the fund's size (Assets Under Management, or AUM) and its track record. The larger and more established an ETF is, the less likely it is to be liquidated by the fund provider. You will also need to decide how you want the ETF to track its underlying index. The traditional method is physical replication, though synthetic ETFs are also widely available. You can find out more about this in our article on "Replication Methods of ETFs".justETF tip: Recently, ETFs utilising a hybrid replication method have also become available, effectively combining the advantages of both approaches. You can find out more about this in our dedicated article on "Hybrid Replication".
