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Launched

Invesco MSCI Treasury Duration Rotation ETF

TROTNYSE ArcaInvescoC

$24.410.00 (+0.01%)

As of Nov 2, 2026, 10:00 AM ET

C40/ 100

Rank 11 of 16 in US Treasury & Government

C40/100Rank 11 of 16inUS Treasury & Government
Intraday session: up, 1 prints from 24.41 to 24.41. Range 24.41 to 24.41. Use the arrow keys to read each point.24.4124.4124.4210 AM12 PM2 PM4 PM
Expense ratio
0.15%
Fund size
$2M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
152
Avg volume · 30D
126 sh
52W range
low $24.17high $25.06
Launched

The ETF.net TROT Grade

Based on 5 of 6 pillars

C

Score 40 out of 100

Category
US Treasury & Government⁠
Rank
11 of 16
Six-pillar profile for TROT. Scores out of 100: Cost 47, Risk 45, Mission not scored, Tradability 23, Holdings 76, Durability 29. Strongest: Holdings (76). Weakest: Tradability (23). Based on 5 of 6 pillars.

Score 40 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

Very small fund, grade capped at C.

The cap holds the Score at 40 or below, so B and A are out of reach.

The pillars earned
44
This cap took
−4
Published Score
40 Grade C

  • Cost

    The fund’s net expense ratio, ranked against its category.
    C47 out of 100
    Rank 7 of 16

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C45 out of 100
    Rank 9 of 16

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F23 out of 100
    Rank 13 of 16

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A76 out of 100
    Rank 3 of 16

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D29 out of 100
    Rank 15 of 16

Our read on TROT

ETF.net Research

In short

CMost Treasury funds pin you to one spot on the yield curve. TROT tracks an MSCI index built around duration rotation, shifting where it sits on the curve by rule instead of leaving the call to you.

Stated mandate

The Fund seeks to track, before fees and expenses, the investment results of the MSCI U.S. Treasury Duration Rotation Select Bond Index.

Why people hold it

  • One ticker for curve positioning: the index is built to rotate duration, work that otherwise means shuffling between short- and long-dated Treasury funds yourself.
  • It holds U.S. Treasury debt, roughly 100 positions, so the lever inside is interest-rate exposure rather than corporate credit risk.
  • Plain-vanilla plumbing: a 1940 Act ETF from Invesco that pays quarterly and aims to match its index before fees and expenses.

Worth knowing

  • At 0.15% a year it costs more than single-maturity Treasury index funds such as VGIT at 0.03%. The rotation rules are what the extra fee buys.
  • A 2026 launch, so the track record is short and the asset base is still small, which can mean wider bid-ask spreads than the category's heavyweights.
  • Duration shifts with the index rules, so rate exposure here isn't a fixed number. That's a moving target inside a ladder or a set allocation.

TROT Holdings

Holdings pillarA76 out of 100Rank 3 of 16 in US Treasury & Government
Asset class
Bonds
Holdings
152
Top-10 weight
12%
Largest holding
United States Treasury Note/Bond 1.63% 05/15/20311.4%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 11.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataUnited States Treasury Note/Bond 1.63% 05/15/20311.37%30,700$26.8K11
2No dataUnited States Treasury Note/Bond 1.13% 02/15/20311.28%29,100$25K11
3No dataUnited States Treasury Note/Bond 1.25% 08/15/20311.28%29,400$25K11
4No dataUnited States Treasury Note/Bond 4.00% 02/28/20301.25%25,000$24.4K14
5No dataUnited States Treasury Note/Bond 3.50% 01/31/20281.23%24,200$23.9K16
6No dataUnited States Treasury Note/Bond 0.88% 11/15/20301.22%27,800$23.8K13
7No dataUnited States Treasury Note/Bond 0.63% 08/15/20301.21%27,500$23.6K12
8No dataUnited States Treasury Note/Bond 0.63% 05/15/20301.01%22,600$19.6K12
9No dataUSD Pending Dividends0.96%0$18.7K242
10No dataUnited States Treasury Note/Bond 1.63% 08/15/20290.90%19,000$17.5K11
11No dataUnited States Treasury Note/Bond 1.75% 11/15/20290.89%18,900$17.3K11
12No dataUnited States Treasury Note/Bond 1.50% 02/15/20300.87%18,800$17K12
13No dataUnited States Treasury Note/Bond 4.13% 05/31/20310.86%17,300$16.8K12
14No dataUnited States Treasury Note/Bond 4.00% 05/31/20280.86%16,900$16.7K16
15No dataUnited States Treasury Note/Bond 4.13% 06/30/20310.85%17,000$16.5K14

Showing 1–15 of 152 holdings

TROT Performance

Launched Feb 25, 2026

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.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
TROT$10,040
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,141
Jul 31, 2026 to Oct 30, 2026. TROT $10,040. SPY $10,141. Use the arrow keys to read each point.$10,000$10,200$10,400Jul 2026Sep 2026Oct 2026

Jul 31, 2026 – 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 TROT. Periods over one year show the average yearly return.
PeriodTROT
Year to dateFund launched this yearNo data
1 month+1.3%
3 months+0.4%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
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 TROT
YearReturn barTROT
2026 YTD0.0%

Since listing, Feb 25, 2026

TROT in the news

TROT Dividends

Last payment
$0.08 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 8 payments in 2026 YTD. Mar 23, 2026 $0.07; Apr 20, 2026 $0.07; May 18, 2026 $0.07; Jun 22, 2026 $0.07; Jul 20, 2026 $0.07; Aug 24, 2026 $0.07; Sep 21, 2026 $0.07; Oct 19, 2026 $0.08. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Oct 19, 2026Oct 23, 2026$0.08
Sep 21, 2026Sep 25, 2026$0.07
Aug 24, 2026Aug 28, 2026$0.07
Jul 20, 2026Jul 24, 2026$0.07
Jun 22, 2026Jun 26, 2026$0.07
May 18, 2026May 22, 2026$0.07
Apr 20, 2026Apr 24, 2026$0.07
Mar 23, 2026Mar 27, 2026$0.07

TROT Risk

Risk pillarC45 out of 100Rank 9 of 16 in US Treasury & Government
How much the fund’s monthly returns vary, scaled to a year.
Launched Feb 2026; fills in after 12 months
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.
Launched Feb 2026; fills in after 12 months
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.
Launched Feb 2026; fills in after 12 months
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.
0.04
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.

TROT Cost

Compare TROT and SPTB

Overpaying vs SPTB, tied cheapest in US Treasury & Government

$2,499

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

  • TROT 0.15%

    $3,137

  • SPTB 0.03% Tied cheapest

    $638

$10,000
30 years

Cost over time

  • TROT 0.15%
  • SPTB 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K051015202530TROT $3,137SPTB $638

Year by year

YearTROTSPTBOverpaying
10$274$55$219
20$1,071$216$855
30$3,137$638$2,499

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