iShares 25+ Year Treasury STRIPS Bond ETF
The ETF.net GOVZ Grade
B
Score 62 out of 100
- 5 of 11
Score 62 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.B69 out of 100Rank 4 of 11Mission
Whether the fund did what it promised, tested against its stated mandate.A96 out of 100Rank 7 of 10Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F21 out of 100Rank 10 of 11Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C41 out of 100Rank 9 of 11Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B58 out of 100Rank 6 of 10Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B60 out of 100Rank 5 of 11
Our read on GOVZ
In short
BTreasury bonds with the coupons stripped off, 25 years and out. No interest payments means extreme duration and price swings to match, for 0.10% net of a waiver through February 28, 2029.
Stated mandate
The fund seeks to track an index of principal STRIPS from U.S. Treasury bonds with at least 25 years remaining to maturity.
Why people hold it
Worth knowing
GOVZ Holdings
- Bonds
- 22
- 53%
- Treasury Strip (Prin) 0.00% 02/15/2052
Sectors
- Treasuries100.0%
Geography
- United States100.00%
GOVZ Performance
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.
GOVZ$8,957
Returns run to the Oct 30, 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 | GOVZ |
|---|---|
| Year to date | −5.3% |
| 1 month | +9.7% |
| 3 months | +1.7% |
| 1 year | −10.4% |
| 3 years | +0.7% |
| 5 years | −14.1% |
| 10 years |
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 | GOVZ |
|---|---|---|
| 2026 YTD | −5.3% | |
| 2025 | −1.8% | |
| 2024 | −16.2% | |
| 2023 | +0.9% | |
| 2022 | −41.0% | |
| 2021 | −4.9% | |
| 2020 | −5.6% |
GOVZ in the news
GOVZ Dividends
- 5.46%
- $1.84
- $0.14 per share
- Monthly
GOVZ Risk
- 21.5%
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.
- −0.07
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.
- −60.6%
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.
- 3.63
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.
GOVZ Cost
Overpaying vs VGLT, cheapest in Treasuries (20+ Year)
$1,468
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
GOVZ 0.10%
$2,106
VGLT 0.03% Cheapest
$638
Cost over time
Year by year
| Year | GOVZ | VGLT | Overpaying |
|---|---|---|---|
| 10 | $183 | $55 | $128 |
| 20 | $717 | $216 | $501 |
| 30 | $2,106 | $638 | $1,468 |
You pay 0.10%Waived by iShares 0.05%
Full fee 0.15% waiver 0.05% you pay 0.10%
Other funds in Treasuries (20+ Year)
- AEDVVanguard Extended Duration Treasury ETFExpense ratio 0.05%1 year return −9.7%
- BTLTiShares 20+ Year Treasury Bond ETFExpense ratio 0.15%1 year return −5.1%
- BXTWYBondBloxx Bloomberg Twenty Year Target Duration US Treasury ETFExpense ratio 0.13%1 year return −6.9%
- BUTHYUS Treasury 30 Year Bond ETFExpense ratio 0.15%1 year return −5.0%
- BUTWYUS Treasury 20 Year Bond ETFExpense ratio 0.15%1 year return −4.0%
