Invesco Equal Weight 0-30 Year Treasury ETF
$25.74−0.32 (−1.24%)
- Expense ratio
- 0.15%
- Fund size
- $1.2B
- 1Y return
- −2.1%
- Yield · Last 12 months
- 4.03%
- Holdings
- 31
- Volume · 30D
- 0.2M sh
- NAV per share
- $26.05
- 52W range
The ETF.net GOVI Grade
Score 59 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.CScore 47Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 84Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 33Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 70Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 52Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 78Category rank
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
- 31
- 34%
- 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.
Returns run to the Sep 22, 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 | −2.6% |
| 1 month | −0.6% |
| 3 months | −2.5% |
| 1 year | −2.1% |
| 3 years | +2.2% |
| 5 years | −4.1% |
| 10 years | −0.5% |
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 | −2.6% | |
| 2025 | +5.8% | |
| 2024 | −2.9% | |
| 2023 | +3.3% | |
| 2022 | −20.0% | |
| 2021 | −3.8% | |
| 2020 | +12.5% |
GOVI in the news
ETF.net Research hasn’t filed on GOVI yet — coverage lands here as it’s written.
GOVI Dividends
- 4.03%
- $1.05
- $0.09 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 21, 2026 | Pays Sep 25, 2026 | $0.09 |
| Aug 24, 2026 | Aug 28, 2026 | $0.09 |
| Jul 20, 2026 | Jul 24, 2026 | $0.09 |
| Jun 22, 2026 | Jun 26, 2026 | $0.09 |
| May 18, 2026 | May 22, 2026 | $0.08 |
| Apr 20, 2026 | Apr 24, 2026 | $0.08 |
| Mar 23, 2026 | Mar 27, 2026 | $0.08 |
| Feb 23, 2026 | Feb 27, 2026 | $0.08 |
| Jan 20, 2026 | Jan 23, 2026 | $0.09 |
| Dec 22, 2025 | Dec 26, 2025 | $0.09 |
| Nov 24, 2025 | Nov 28, 2025 | $0.09 |
| Oct 20, 2025 | Oct 24, 2025 | $0.08 |
GOVI Risk
- 8.8%
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.
- −0.31
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
- The middle half of US Treasury & Government funds
- Median 0.15%
6 of the 16 US Treasury & Government funds charge less.