Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, the iShares S&P/Citigroup 1-3 Year International Treasury Bond Fund (ISHG 0.20%) has received the dreaded one-star ranking.

With that in mind, let's take a closer look at ISHG, and see what CAPS investors are saying about the ETF right now.

ISHG facts

Inception

January 2009 

Total Net Assets

$186.6 million

Investment Approach

Seeks investment results that correspond to the S&P/Citigroup International Treasury Bond Index Ex-US 1-3 Year. The index is designed to measure the performance of treasury bonds issued in local currencies by developed market countries outside the U.S. that have a remaining maturity of greater than one year and less than or equal to three years.

Expense Ratio

0.35%

Dividend Yield

3.5%

Year-to-Date / 1-Year / 3-Year Returns

3.1% / (1.5%) / (0.7%)

Alternatives

SPDR Barclays Capital International Treasury Bond (NYSE: BWX)

SPDR DB International Government Inflation-Protected Bond (NYSE: WIP)

Sources: S&P Capital IQ and Motley Fool CAPS.

On CAPS, 55% of the 31 members who have rated ISHG believe the ETF will underperform the S&P 500 going forward.

This past summer, one of those Fools, All-Star TerryHogan, succinctly summed up the ISHG bear case for our community:

With yields as low as they are, we won't be looking at much capital appreciation, if any. So basically, you're looking for a 1 to 3% yield to beat the S&P? Not going to happen in the long term, the dividend yield on the S&P will beat this thing by itself.

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Want to see how well (or not so well) the stocks in this series are performing? Follow the TrackPoisedTo CAPS account.