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IGOV

GradeBNASDAQ

iShares International Treasury Bond ETF

Treasury & Government Bond · IShares · Inception 2009-01-20 · SEC filings

$40.11−0.48 (−1.18%)

As of Sep 23, 2026, 2:14 PM EDT

Intraday session: down, 52 prints from 40.59 to 40.11. Range 39.98 to 40.40. Use the arrow keys to read each point.$40.00$40.20$40.30$40.4010 AM12 PM2 PM4 PM
Expense ratio
0.35%
Fund size
$1.3B
1Y return
−3.5%
Yield · Last 12 months
1.45%
Holdings
971
Volume · 30D
0.4M sh
NAV per share
$40.62
52W range
low $40.27high $43.12

The ETF.net IGOV Grade

B

66/ 100

Rank 2 of 6 in International Sovereign⁠

Confidence Medium

Six-pillar profile for IGOV. Scores out of 100: Cost 49, Risk 36, Mission 99, Tradability 69, Holdings 81, Durability 61. Strongest: Mission (99). Weakest: Risk (36). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 66 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 49
    Category rank3/6 · top 50%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 99
    Category rank1/6 · top 17%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 36
    Category rank5/6 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 69
    Category rank2/6 · top 33%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 81
    Category rank1/6 · top 17%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 61
    Category rank2/6 · top 33%

Graded as of Sep 22, 2026

Our read on IGOV

ETF.net Research

BThe world's other government bond market in one ticker. IGOV holds developed-market sovereign debt from outside the US, roughly a thousand bonds deep, and has been doing it since 2009.

Stated mandate

The fund seeks to track an index containing government bonds from developed markets outside the United States.

Why people hold it

  1. 01A pure ex-US sovereign sleeve: developed-market government bonds only, no US Treasuries mixed in.
  2. 02Roughly a thousand bonds tracking the FTSE World Government Bond Developed Markets Capped Select index, so no single issuer runs the show.
  3. 03Live since 2009 and a multi-billion-dollar fund, which is real staying power in a niche this small.
  4. 04One of the stronger builds in a six-fund cohort, and it does exactly what the label says rather than drifting off-mandate.

Worth knowing

  1. 01The 0.35% fee sits right at the cohort median, matching BWX and ISHG. EBND undercuts it at 0.30%, though on emerging-market local debt instead.
  2. 02Income arrives annually or semiannually, not monthly, so the cash flow is lumpy by design.
  3. 03Moderately traded rather than a high-volume name, so order size and spreads matter more here than in mega-cap bond funds.

IGOV Holdings

As of Sep 22, 2026, 3:29 AM
Asset class
Bonds
Holdings
971
Top-10 weight
4%
Largest holding
KRW CASH0.8%

Geography

  • Japan11.72%
  • France8.73%
  • Italy7.72%
  • United Kingdom7.12%
  • Germany6.90%
  • Spain5.04%
  • Korea (the Republic of)4.67%
  • Netherlands4.60%
  • Other countries (15)43.49%

Developed 90% · Emerging 10% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 66.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—KRW CASH0.83%156,230,523$11M63
002—PORTUGAL (REPUBLIC OF) 2.13% 10/17/20280.51%60,692$7M5
003—FRANCE (REPUBLIC OF) RegS 2.50% 05/25/20300.39%47,439$5M10
004—SLOVAK REPUBLIC (GOVERNMENT) RegS 3.75% 03/06/20340.38%44,497$5M8
005—DENMARK (KINGDOM OF) 4.50% 11/15/20390.37%289,941$5M8
006—FRANCE (REPUBLIC OF) RegS 1.50% 05/25/20310.35%45,308$5M8
007—ISRAEL (STATE OF) 4.00% 03/30/20350.35%137,169$5M9
008—AUSTRIA (REPUBLIC OF) 4.15% 03/15/20370.34%38,303$5M7
009—ISRAEL (STATE OF) 3.75% 09/30/20270.34%131,859$5M10
010—NETHERLANDS (KINGDOM OF) 4.00% 01/15/20370.34%37,972$4M7
011—NETHERLANDS (KINGDOM OF) 3.75% 01/15/20420.34%39,109$4M7
012—ISRAEL (STATE OF) 5.50% 01/31/20420.33%112,492$4M9
013—PORTUGAL (REPUBLIC OF) 1.95% 06/15/20290.33%39,025$4M10
014—FRANCE (REPUBLIC OF) 2.70% 02/25/20310.32%39,337$4M11
015—IRELAND (REPUBLIC OF) RegS 1.10% 05/15/20290.32%39,549$4M10

Showing 1–15 of 984 holdings

IGOV Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

IGOV$9,652
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. IGOV $9,652. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

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.

Trailing total return for IGOV. Periods over one year show the average yearly return.
PeriodIGOV
Year to date−2.6%
1 month−2.2%
3 months−1.0%
1 year−3.5%
3 years+3.2%per year
5 years−4.5%per year
10 years−1.7%per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for IGOV
YearReturn barIGOV
2026 YTD−2.6%
2025+10.0%
2024−6.5%
2023+5.6%
2022−22.1%
2021−9.2%
2020+10.9%

IGOV in the news

ETF.net Research hasn’t filed on IGOV yet — coverage lands here as it’s written.

IGOV Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
1.45%Last 12 months
Payout per share
$0.59Last 12 months
Last payment
$0.59 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2017–2026

One bar per payment. 13 payments from 2017 to 2026 YTD. Feb 1, 2017 $0.01; Mar 1, 2017 $0.01; Apr 3, 2017 $0.01; Jun 1, 2017 $0.01; Jul 3, 2017 $0.0095; Aug 1, 2017 $0.0095; Dec 21, 2017 $0.02; Dec 18, 2018 $0.15; Dec 19, 2019 $0.12; Dec 16, 2021 $0.20; Dec 15, 2022 $0.04; Dec 18, 2024 $0.23; Dec 19, 2025 $0.59. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Dec 19, 2025Dec 24, 2025$0.59
Dec 18, 2024Dec 23, 2024$0.23
Dec 15, 2022Dec 21, 2022$0.04
Dec 16, 2021Dec 22, 2021$0.20
Dec 19, 2019Dec 26, 2019$0.12
Dec 18, 2018Dec 24, 2018$0.15
Dec 21, 2017Dec 28, 2017$0.02
Aug 1, 2017Aug 7, 2017$0.0095
Jul 3, 2017Jul 10, 2017$0.0095
Jun 1, 2017Jun 7, 2017$0.01
Apr 3, 2017Apr 7, 2017$0.01
Mar 1, 2017Mar 7, 2017$0.01

IGOV Risk

How much the fund’s monthly returns vary, scaled to a year.
9.8%
Annualised · 36 months to Aug 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
−0.15
vs 3-month T-bills · to Aug 2026
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.

The largest fall from a peak to the low that followed.
−31.4%
Trough Oct 2022
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.

How strongly the fund’s returns move with its asset-class index.
1.42
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

IGOV Cost

Expense ratio0.35%
  • The middle half of International Sovereign funds
  • Median 0.35%

1 of the 6 International Sovereign funds charge less.

IGOV costs $35.00 a year on $10,000. The median International Sovereign fund costs $35.00.