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Launched

Invesco Bulletshares 2031 Treasury Bond ETF

BSTVNasdaqInvescoB

$24.55−0.13 (−0.53%)

As of Nov 10, 2026, 11:08 AM ET

B58/ 100

Rank 14 of 31 in Defined-Maturity Treasury

B58/100Rank 14 of 31inDefined-Maturity Treasury
Intraday session: down, 21 prints from 24.68 to 24.55. Range 24.53 to 24.55. Use the arrow keys to read each point.24.5224.5724.6024.6324.6510 AM12 PM2 PM4 PM
Expense ratio
0.07%
Fund size
$8M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
29
Avg volume · 30D
6.01K sh
52W range
low $24.20high $25.27
Launched

The ETF.net BSTV Grade

Based on 5 of 6 pillars

B

Score 58 out of 100

Category
Defined-Maturity Treasury⁠
Rank
14 of 31
Six-pillar profile for BSTV. Scores out of 100: Cost 65, Risk 66, Mission not scored, Tradability 32, Holdings 79, Durability 43. Strongest: Holdings (79). Weakest: Tradability (32). Based on 5 of 6 pillars.

Score 58 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B65 out of 100
    Rank 1 of 31

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B66 out of 100
    Rank 8 of 29

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D32 out of 100
    Rank 28 of 31

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A79 out of 100
    Rank 6 of 31

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C43 out of 100
    Rank 19 of 31

Our read on BSTV

ETF.net Research

In short

BA Treasury ETF with an end date: BSTV holds Treasuries maturing in 2031 and drifts into cash as they pay off. It's Invesco's 2026 move to add Treasury rungs to the BulletShares ladder it built on corporates and munis.

Stated mandate

The fund seeks to track, before fees and expenses, the investment results of the Invesco BulletShares US Treasury Bond 2031 Index. Its portfolio holds U.S. dollar-denominated Treasury bonds maturing in 2031 and transitions to cash and cash equivalents as those bonds mature.

Why people hold it

  • Defined maturity, bond style: roughly two dozen Treasuries all maturing in 2031, with the portfolio rolling into cash and cash equivalents as those bonds pay off.
  • Seven basis points, dead level with the median Treasury-ladder fund and with the entrenched iShares iBonds rungs like IBTK.
  • Government paper only, so the variable that moves it is interest rates, not credit quality.
  • Arrived June 2026 as one of five consecutive rungs (2027 through 2031), so a ladder can be built from one issuer and one index family.prnewswire.com

Worth knowing

  • The newcomer next to BlackRock's 2031 iBonds Treasury fund (IBTL), which has years of head start on scale and trading depth. Thinner volume can mean wider spreads at the screen.ishares.com
  • One maturity year, not a curve: it swings with rates until the 2031 bonds come due, then winds down to cash by design rather than rolling into new paper.invesco.com
  • Distributions land once or twice a year, unlike the monthly cadence Invesco advertises across its corporate BulletShares.invesco.com

BSTV Performance

Launched Jun 10, 2026

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
BSTV$9,972
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$9,758
Aug 7, 2026 to Nov 9, 2026. BSTV $9,972. SPY $9,758. Use the arrow keys to read each point.$9,600$9,800$10,000Aug 2026Sep 2026Nov 2026

Aug 7, 2026 – Nov 9, 2026

Returns run to the Nov 9, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for BSTV. Periods over one year show the average yearly return.
PeriodBSTV
Year to dateFund launched this yearNo data
1 month+1.8%
3 months−0.3%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for BSTV
YearReturn barBSTV
2026 YTD+0.1%

Since listing, Jun 10, 2026

BSTV in the news

BSTV Dividends

Last payment
$0.09 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 4 payments in 2026 YTD. Jul 20, 2026 $0.12; Aug 24, 2026 $0.09; Sep 21, 2026 $0.09; Oct 19, 2026 $0.09. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Oct 19, 2026Oct 23, 2026$0.09
Sep 21, 2026Sep 25, 2026$0.09
Aug 24, 2026Aug 28, 2026$0.09
Jul 20, 2026Jul 24, 2026$0.12

BSTV Risk

Risk pillarB66 out of 100Rank 8 of 29 in Defined-Maturity Treasury
How much the fund’s monthly returns vary, scaled to a year.
Launched Jun 2026; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
Launched Jun 2026; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
Launched Jun 2026; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.07
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

BSTV Cost

Tied cheapest in Defined-Maturity Treasury

$1,480

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BSTV 0.07%

    $1,480

$10,000
30 years

Cost over time

  • BSTV 0.07%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$500$1K$1.5K051015202530BSTV $1,480

Year by year

YearBSTV
10$128
20$503
30$1,480

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