Skip to content
etf.net

Launched · SEC filings

Invesco 0-5 Yr US TIPS ETF

PBTPCboeInvescoA

$25.75−0.05 (−0.20%)

As of Nov 2, 2026, 3:59 PM ET

A72/ 100

Rank 4 of 41 in TIPS

A72/100Rank 4 of 41inTIPS
Intraday session: down, 79 prints from 25.81 to 25.75. Range 25.75 to 25.78. Use the arrow keys to read each point.25.7725.7825.7925.8010 AM12 PM2 PM4 PM
Expense ratio
0.07%
Fund size
$248M
1Y total return
+2.7%
Yield · Last 12 months
3.99%
Holdings
27
Avg volume · 30D
83.7K sh
52W range
low $25.39high $26.45
Launched
Filings
SEC EDGAR

The ETF.net PBTP Grade

A

Score 72 out of 100

Category
TIPS⁠
Rank
4 of 41
Six-pillar profile for PBTP. Scores out of 100: Cost 90, Risk 74, Mission 57, Tradability 58, Holdings 82, Durability 64. Strongest: Cost (90). Weakest: Mission (57). Leans toward Cost.

Score 72 of 100 falls in the A 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.
    A90 out of 100
    Rank 5 of 41

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    B57 out of 100
    Rank 29 of 33

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A74 out of 100
    Rank 7 of 41

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B58 out of 100
    Rank 11 of 41

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A82 out of 100
    Rank 6 of 41

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B64 out of 100
    Rank 16 of 41

Our read on PBTP

ETF.net Research

In short

AInflation-linked Treasuries with the long end cut off: PBTP holds only TIPS maturing inside five years, keeping the CPI adjustment while dialing down interest-rate swings.

Stated mandate

The fund provides exposure to US Treasury Inflation-Protected Securities with remaining maturities from one month to less than five years.

Why people hold it

  • Costs 0.07% a year, under the 0.12% median for Treasury bond ETFs.
  • Narrow by design: only TIPS with one month to under five years remaining, which leaves out the long-dated bonds that drive most price swings in broad TIPS funds.invesco.com
  • Index-tracked and running at Invesco since 2017, with distributions paid quarterly.

Worth knowing

  • Thinly traded next to the big names in the aisle, so spreads can run wider and sizeable orders take more care.
  • Broad TIPS funds such as SCHP charge 0.03% and cover the whole maturity ladder. Here you pay a bit more to skip the long end.
  • Short maturities cut both ways: less real-yield duration means smaller moves when rates fall as well as when they rise.

PBTP Performance

Launched Sep 22, 2017

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.
PBTP$10,265
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. PBTP $10,265. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

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.

Trailing total return for PBTP. Periods over one year show the average yearly return.
PeriodPBTP
Year to date+2.4%
1 month+1.4%
3 months+0.6%
1 year+2.7%
3 yearsper year+5.1%
5 yearsper year+3.0%
10 yearsFund is under 10 years oldper yearNo data

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 PBTP
YearReturn barPBTP
2026 YTD+2.4%
2025+6.0%
2024+4.7%
2023+4.6%
2022−3.0%
2021+5.5%
2020+4.9%

PBTP in the news

PBTP 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 Oct 30, 2026.
3.99%Last 12 months
Payout per share
$1.03Last 12 months
Last payment
$0.02 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 33 payments from 2017 to 2026 YTD. Dec 18, 2017 $0.18; Jun 18, 2018 $0.29; Sep 24, 2018 $0.20; Dec 24, 2018 $0.08; Jun 24, 2019 $0.29; Sep 23, 2019 $0.12; Dec 23, 2019 $0.12; Mar 23, 2020 $0.001; Jun 22, 2020 $0.01; Sep 21, 2020 $0.08; Dec 21, 2020 $0.23; Jun 21, 2021 $0.13; Sep 20, 2021 $0.35; Dec 20, 2021 $0.35; Mar 21, 2022 $0.13; Jun 21, 2022 $0.40; Sep 19, 2022 $0.51; Dec 19, 2022 $0.26; Mar 20, 2023 $0.0073; Jun 20, 2023 $0.29; Sep 18, 2023 $0.16; Dec 18, 2023 $0.13; Mar 18, 2024 $0.03; Jun 24, 2024 $0.43; Sep 23, 2024 $0.09; Dec 23, 2024 $0.11; Mar 24, 2025 $0.21; Jun 23, 2025 $0.27; Sep 22, 2025 $0.22; Dec 22, 2025 $0.30; Mar 23, 2026 $0.04; Jun 22, 2026 $0.68; Sep 21, 2026 $0.02. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 21, 2026Sep 25, 2026$0.02
Jun 22, 2026Jun 26, 2026$0.68
Mar 23, 2026Mar 27, 2026$0.04
Dec 22, 2025Dec 26, 2025$0.30
Sep 22, 2025Sep 26, 2025$0.22
Jun 23, 2025Jun 27, 2025$0.27
Mar 24, 2025Mar 28, 2025$0.21
Dec 23, 2024Dec 27, 2024$0.11
Sep 23, 2024Sep 27, 2024$0.09
Jun 24, 2024Jun 28, 2024$0.43
Mar 18, 2024Mar 22, 2024$0.03
Dec 18, 2023Dec 22, 2023$0.13

See all 33 payments⁠

$10,000 in PBTP 5 years ago paid $1,726 in dividends.⁠

PBTP Risk

Risk pillarA74 out of 100Rank 7 of 41 in TIPS
How much the fund’s monthly returns vary, scaled to a year.
1.9%
Annualised · 36 months to Oct 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.
0.28
vs 3-month T-bills · to Oct 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.
−5.5%
Trough Sep 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.
0.20
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.

FMP measures it over up to five years of monthly returns.

PBTP Cost

Compare PBTP and VTIP

Overpaying vs VTIP, tied cheapest in TIPS

$842

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • PBTP 0.07%

    $1,480

  • VTIP 0.03% Tied cheapest

    $638

$10,000
30 years

Cost over time

  • PBTP 0.07%
  • VTIP 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$500$1K$1.5K051015202530PBTP $1,480VTIP $638

Year by year

YearPBTPVTIPOverpaying
10$128$55$73
20$503$216$287
30$1,480$638$842

Other funds in TIPS

See others