Invesco Equal Weight 0-30 Year Treasury ETF
$25.44+0.06 (+0.22%)
- 0.15%
- $1.2B
- −6.0%
- 4.14%
- 0.2M sh
- $25.35
- low $25.04high $28.32
The ETF.net GOVI Grade
B
Score 56 out of 100
- 8 of 16
Score 56 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.C47 out of 100Rank 7 of 16Mission
Whether the fund did what it promised, tested against its stated mandate.A85 out of 100Rank 7 of 11Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F24 out of 100Rank 15 of 16Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B60 out of 100Rank 6 of 16Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C51 out of 100Rank 11 of 16Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A76 out of 100Rank 4 of 16
Our read on GOVI
BMost Treasury funds hold whatever the government issues most. GOVI builds a ladder instead: about 30 Treasuries, one maturing each February out to 30 years, each held in equal size.
The fund tracks an index of up to 30 U.S. Treasury notes or bonds arranged in an annual February maturity ladder spanning the yield curve.
Why people hold it
- Equal weighting means the ladder sets the curve exposure, not Treasury issuance patterns. Short, intermediate and long rungs each get the same slice.invesco.com
- The February maturity schedule is the whole design: a rung comes due each year and the ladder is rebuilt to span 0-30 years again rather than aging shorter.invesco.com
- Straight U.S. Treasury notes and bonds, no corporate or mortgage credit mixed in, and it pays monthly. Launched in 2007, so it has run through several rate regimes.
- It follows its ICE laddered Treasury index closely, which is what you want from a rules-based bond portfolio.
Worth knowing
- At 0.15% it is the priciest of its broad Treasury peers. SPTB charges 0.03% and GOVT 0.05% for cap-weighted exposure to the same government paper.
- Equal weight puts as much in a 30-year bond as in a 1-year note, so the portfolio carries more interest-rate sensitivity than a market-weighted Treasury fund.
- About 30 bonds on a fixed calendar is a deliberate slice of the curve, not the whole Treasury market. Trades moderately, so limit orders are the sensible habit.
GOVI Holdings
- Bonds
- 32
- 35%
- United States Treasury Note/Bond 2.75% 02/15/2028
Sectors
- Financials100.0%
Geography
- United States100.00%
GOVI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
GOVI$9,396
Returns run to the Oct 12, 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.
| Period | GOVI |
|---|---|
| Year to date | −5.1% |
| 1 month | −2.0% |
| 3 months | −4.4% |
| 1 year | −6.0% |
| 3 years | +2.4% |
| 5 years | −4.0% |
| 10 years | −0.6% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | GOVI |
|---|---|---|
| 2026 YTD | −5.1% | |
| 2025 | +5.8% | |
| 2024 | −2.9% | |
| 2023 | +3.3% | |
| 2022 | −20.0% | |
| 2021 | −3.8% | |
| 2020 | +12.5% |
GOVI in the news
GOVI Dividends
- 4.14%
- $1.05
- $0.09 per share
- Monthly
Distribution history
GOVI Risk
- 8.7%
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.
- −0.28
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.
- −28.3%
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.
- 1.72
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
GOVI Cost
0.15%
GOVI0.15%
- The middle half of US Treasury & Government funds
- Median 0.15%
6 of the 16 US Treasury & Government funds charge less.
Other funds in US Treasury & Government
- BVGVTVanguard Government Securities Active ETFExpense ratio 0.10%1 year return −1.7%
- BLDRTiShares iBonds 1-5 Year Treasury Ladder ETFExpense ratio 0.07%1 year return +0.8%
- BJMMFJPMorgan 100% U.S. Treasury Securities Money Market ETFExpense ratio 0.16%1 year return —
- CLGOVFirst Trust Long Duration Opportunities ETFExpense ratio 0.49%1 year return −6.0%
- CMGOVFirst Trust Intermediate Government Opportunities ETFExpense ratio 0.50%1 year return −2.7%