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PBTP

GradeBChicago Board Options Exchange

Invesco 0-5 Yr US TIPS ETF

Specialty Bonds · Invesco · Inception 2017-09-22 · SEC filings

$25.43−0.07 (−0.27%)

As of Sep 23, 2026, 3:03 PM EDT

Intraday session: down, 58 prints from 25.50 to 25.43. Range 25.41 to 25.48. Use the arrow keys to read each point.$25.42$25.46$25.4810 AM12 PM2 PM4 PM
Expense ratio
0.07%
Fund size
$239M
1Y return
+1.5%
Yield · Last 12 months
4.04%
Holdings
26
Volume · 30D
0.1M sh
NAV per share
$25.49
52W range
low $25.49high $26.45

The ETF.net PBTP Grade

B

69/ 100

Rank 5 of 41 in TIPS⁠

Confidence High

Six-pillar profile for PBTP. Scores out of 100: Cost 90, Risk 59, Mission 53, Tradability 57, Holdings 82, Durability 64. Strongest: Cost (90). Weakest: Mission (53). Leans toward Cost.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 69 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.
    AScore 90
    Category rank5/41 · top 12%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    CScore 53
    Category rank30/32 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 59
    Category rank8/41 · top 20%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 57
    Category rank14/41 · top 34%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 82
    Category rank4/41 · top 10%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 64
    Category rank17/41 · top 41%

Graded as of Sep 22, 2026

Our read on PBTP

ETF.net Research

BInflation-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

  1. 01Costs 0.07% a year, under the 0.12% median for Treasury bond ETFs.
  2. 02Narrow 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
  3. 03Index-tracked and running at Invesco since 2017, with distributions paid quarterly.

Worth knowing

  1. 01Thinly traded next to the big names in the aisle, so spreads can run wider and sizeable orders take more care.
  2. 02Broad 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.
  3. 03Short maturities cut both ways: less real-yield duration means smaller moves when rates fall as well as when they rise.

PBTP Holdings

As of Sep 20, 2026, 1:49 PM
Asset class
Bonds
Holdings
26
Top-10 weight
45%
Largest holding
United States Treasury Inflation Indexed Bonds 1.25% 04/15/20314.9%

Sectors

  • Government100.0%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—United States Treasury Inflation Indexed Bonds 1.25% 04/15/20314.87%12,001,700$12M12
002—United States Treasury Inflation Indexed Bonds 1.13% 10/15/20304.69%11,416,800$11M6
003—United States Treasury Inflation Indexed Bonds 1.63% 04/15/20304.63%10,866,600$11M11
004—United States Treasury Inflation Indexed Bonds 0.38% 01/15/20274.62%8,006,000$11M10
005—United States Treasury Inflation Indexed Bonds 0.13% 07/15/20314.55%9,721,000$11M7
006—United States Treasury Inflation Indexed Bonds 0.50% 01/15/20284.50%8,155,000$11M12
007—United States Treasury Inflation Indexed Bonds 0.13% 07/15/20304.45%8,884,900$11M7
008—United States Treasury Inflation Indexed Bonds 0.13% 01/15/20314.41%9,078,100$11M8
009—United States Treasury Inflation Indexed Bonds 0.38% 07/15/20274.38%7,761,800$10M8
010—United States Treasury Inflation Indexed Bonds 0.13% 01/15/20304.34%8,633,800$10M8
011—United States Treasury Inflation Indexed Bonds 0.25% 07/15/20294.34%8,414,900$10M6
012—United States Treasury Inflation Indexed Bonds 1.63% 10/15/20294.26%9,814,600$10M12
013—United States Treasury Inflation Indexed Bonds 0.75% 07/15/20284.17%7,686,000$10M6
014—United States Treasury Inflation Indexed Bonds 0.13% 10/15/20264.12%8,067,500$10M4
015—United States Treasury Inflation Indexed Bonds 0.13% 04/15/20274.07%8,326,800$10M12

Showing 1–15 of 27 holdings

PBTP Performance

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

PBTP$10,150
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. PBTP $10,150. 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 PBTP. Periods over one year show the average yearly return.
PeriodPBTP
Year to date+1.2%
1 month−0.9%
3 months−0.2%
1 year+1.5%
3 years+4.8%per year
5 years+2.9%per year
10 yearsFund is under 10 years old—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 PBTP
YearReturn barPBTP
2026 YTD+1.2%
2025+6.0%
2024+4.7%
2023+4.6%
2022−3.0%
2021+5.5%
2020+4.9%

PBTP in the news

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

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 Sep 22, 2026.
4.04%Last 12 months
Payout per share
$1.03Last 12 months
Upcoming payment
$0.02 per share
Pays 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, 2026Pays Sep 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

PBTP Risk

How much the fund’s monthly returns vary, scaled to a year.
1.7%
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.
0.20
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.
−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.

PBTP Cost

Expense ratio0.07%
  • The middle half of TIPS funds
  • Median 0.10%

4 of the 41 TIPS funds charge less.

PBTP costs $7.00 a year on $10,000. The median TIPS fund costs $10.00.