iShares Intermediate Government/Credit Bond ETF
$103.38−0.63 (−0.60%)
- Expense ratio
- 0.20%
- Fund size
- $3.8B
- 1Y return
- +0.4%
- Yield · Last 12 months
- 3.72%
- Holdings
- 6268
- Volume · 30D
- 0.1M sh
- NAV per share
- $103.94
- 52W range
The ETF.net GVI Grade
Score 75 of 100 sits in the A 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.AScore 71Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 93Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 58Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 76Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 71Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 87Category rank
Our read on GVI
AMost core bond funds swallow the whole market, long end included. GVI keeps to the middle: US government and investment-grade corporate bonds maturing in one to ten years, nothing longer. Running since 2007, pays monthly.
The fund seeks to track an index of U.S. government and investment-grade corporate bonds maturing from one to ten years. Its stated purpose is to help balance income and interest-rate risk.
Why people hold it
- The mandate is narrow on purpose: US government and investment-grade corporate bonds, one to ten years to maturity, built to balance income against interest-rate risk.ishares.com
- 0.20% a year, well under the typical fee in its core-bond peer group, from a fund that has been trading since 2007.
- It holds what its Bloomberg index holds, closely, which is why it rates as one of the stronger builds among the core bond funds we grade.
- Income lands monthly, and with billions in assets this is an established listing rather than a thin niche product.
Worth knowing
- Whole-market core rivals BND, SPAB and SCHZ run at 0.03%. The intermediate-only cut costs more than the everything-bond version.
- Capping maturities at ten years softens rate swings, it does not remove them, and the corporate sleeve carries credit risk Treasuries do not.ishares.com
- Trading is moderate rather than heavy, so spreads can widen on large or hurried orders.
GVI Holdings
- Bonds
- 6,268
- 7%
- TREASURY NOTE 4.25% 05/15/2035
Geography
- United States92.42%
- Canada1.65%
- United Kingdom1.19%
- Japan0.86%
- Luxembourg0.55%
- Philippines0.45%
- Germany0.28%
- Mexico0.28%
- 2.32%
GVI 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 | GVI |
|---|---|
| Year to date | −0.7% |
| 1 month | −0.9% |
| 3 months | −0.7% |
| 1 year | +0.4% |
| 3 years | +4.3% |
| 5 years | +0.7% |
| 10 years | +1.6% |
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 | GVI |
|---|---|---|
| 2026 YTD | −0.7% | |
| 2025 | +6.7% | |
| 2024 | +2.9% | |
| 2023 | +5.1% | |
| 2022 | −8.3% | |
| 2021 | −1.9% | |
| 2020 | +6.4% |
GVI in the news
ETF.net Research hasn’t filed on GVI yet — coverage lands here as it’s written.
GVI Dividends
- 3.72%
- $3.87
- $0.33 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.33 |
| Aug 3, 2026 | Aug 6, 2026 | $0.33 |
| Jul 1, 2026 | Jul 7, 2026 | $0.32 |
| Jun 1, 2026 | Jun 4, 2026 | $0.33 |
| May 1, 2026 | May 6, 2026 | $0.32 |
| Apr 1, 2026 | Apr 7, 2026 | $0.33 |
| Mar 2, 2026 | Mar 5, 2026 | $0.31 |
| Feb 2, 2026 | Feb 5, 2026 | $0.32 |
| Dec 19, 2025 | Dec 24, 2025 | $0.32 |
| Dec 1, 2025 | Dec 4, 2025 | $0.32 |
| Nov 3, 2025 | Nov 6, 2025 | $0.32 |
| Oct 1, 2025 | Oct 6, 2025 | $0.31 |
GVI Risk
- 3.4%
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.
- −0.08
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.
- −11.9%
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.
- 0.59
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
GVI Cost
- The middle half of US Aggregate Bond funds
- Median 0.34%
31 of the 112 US Aggregate Bond funds charge less.