Invesco Ultra Short Duration ETF
$50.04+0.01 (+0.02%)
- 0.22%
- $4.01B
- +3.9%
- 4.21%
- 932K sh
- low $49.90high $50.39
The ETF.net GSY Grade
B
Score 66 out of 100
- 27 of 78
Score 66 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.D27 out of 100Rank 57 of 78Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 67Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B58 out of 100Rank 15 of 75Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A74 out of 100Rank 19 of 78Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A92 out of 100Rank 5 of 77Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A88 out of 100Rank 6 of 78
Our read on GSY
In short
BThe active one in a cash-parking aisle full of index trackers. GSY has been hand-picking short bonds since its 2008 launch, keeping duration under a year and aiming to earn more than Treasury bills, with income paid monthly.
Stated mandate
GSY seeks maximum current income while preserving capital and providing daily liquidity. It is actively managed and invests in diversified fixed-income securities with portfolio duration below one year, seeking returns above cash equivalents.
Why people hold it
Worth knowing
GSY Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
GSY$10,387
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 | GSY |
|---|---|
| Year to date | +3.1% |
| 1 month | +0.6% |
| 3 months | +0.8% |
| 1 year | +3.9% |
| 3 years | +5.2% |
| 5 years | +4.0% |
| 10 years | +2.9% |
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 | GSY |
|---|---|---|
| 2026 YTD | +3.1% | |
| 2025 | +5.0% | |
| 2024 | +6.0% | |
| 2023 | +6.0% | |
| 2022 | 0.0% | |
| 2021 | 0.0% | |
| 2020 | +1.9% |
GSY in the news
GSY Dividends
- 4.21%
- $2.11
- $0.18 per share
- Monthly
GSY Risk
- 0.6%
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.
- 1.29
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.
- −1.4%
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.
- 0.07
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.
GSY Cost
Overpaying vs XHLF, tied cheapest in Cash & Ultra-Short Income
$3,920
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
GSY 0.22%
$4,558
XHLF 0.03% Tied cheapest
$638
Cost over time
Year by year
| Year | GSY | XHLF | Overpaying |
|---|---|---|---|
| 10 | $401 | $55 | $346 |
| 20 | $1,561 | $216 | $1,345 |
| 30 | $4,558 | $638 | $3,920 |
Other funds in Cash & Ultra-Short Income
- BTBUXT. Rowe Price Ultra Short-Term Bond ETFExpense ratio 0.17%1 year return +4.1%
- BEVSBEaton Vance Ultra-Short Income ETFExpense ratio 0.17%1 year return +4.0%
- BXBILUS Treasury 6 Month Bill ETFExpense ratio 0.15%1 year return +3.7%
- BCGUICapital Group Ultra Short Income ETFExpense ratio 0.18%1 year return +3.8%
- BWEEKRoundhill Weekly T-Bill ETFExpense ratio 0.19%1 year return +3.6%
