GOVM vs SPTI: Grades, Fees and Holdings Compared

iShares 1-10 Year Treasury Bond ETF

GOVMCCboe

State Street SPDR Portfolio Intermediate Term Treasury ETF

SPTIANYSE Arca

Overlap

No data

Expense ratio

SPTI −0.02pt a year

GOVM0.05%SPTI0.03%

Avg volume · 30D

SPTI 2150.4×the volume

GOVM1.53KSPTI3.28M

GOVM vs SPTI Performance

Jul 31, 2026 – Oct 30, 2026

+0.3%GOVM0.0%SPTI

Expense ratio: GOVM 0.05%; SPTI 0.03%, better
Fund size: GOVM $5M; SPTI $12.1B
1Y total return: GOVM No data; SPTI −0.3%
Yield (12M): GOVM No data; SPTI 3.95%
Holdings: GOVM 198; SPTI 105
Avg volume (30D): GOVM 1.53K sh; SPTI 3.28M sh, better
NAV per share: GOVM $24.68; SPTI $27.67
52W range

ETF.net Grade

Pillar letters and Scores for GOVM, SPTI, with each pillar’s weight
Pillar	GOVM	SPTI
Cost30% weight	B67	A92Higher
Mission25% weight	Not scored	A100
Risk15% weight	A71Higher	B61
Tradability15% weight	F8	B68Higher
Holdings10% weight	A77	A81Higher
Durability5% weight	D26	A85Higher

Rank among Treasuries (3-10 Year) funds

How we build Categories ›

Same Category. GOVM and SPTI are both graded against the same 19 Treasuries (3-10 Year) funds, so their Grades compare head to head.

Treasuries (3-10 Year)⁠

Category · 19 funds

See all 19 ›

SPTI ranks 1st and GOVM 17th of 19 funds in the Treasuries (3-10 Year) Category.

Rank 1ASPTIState Street SPDR Portfolio Intermediate Term Treasury ETFScore 84
Rank 1AVGITVanguard Intermediate-Term Treasury ETFScore 84
Rank 17CCIEICorgi 3-7 Year Treasury Bond ETFScore 40
Rank 17CGOVMiShares 1-10 Year Treasury Bond ETFScore 40
Rank 19DTYASimplify Intermediate Term Treasury Futures Strategy ETFScore 25

Our read on each fund

ETF.net Research

GOVMCiShares 1-10 Year Treasury Bond ETF

SPTIAState Street SPDR Portfolio Intermediate Term Treasury ETF

In short

GOVM No data

SPTI Middle-of-the-curve Treasuries and nothing else: notes maturing in 3 to 10 years, wrapped at 0.03% a year. Running since 2007, it is one of the cheapest ways to own that slice of the government bond market.

Stated mandate

GOVM No data

SPTI The fund seeks to deliver returns generally matching the Bloomberg 3-10 Year U.S. Treasury Index before fees and expenses, investing in U.S. Treasury securities with remaining maturities of 3 to 10 years.

Why people hold it

GOVM No data

SPTI 0.03% a year sits in the cheapest tier of intermediate Treasury funds, well under the category norm and level with Schwab's SCHR at the floor.
No credit guesswork. Roughly a hundred US Treasury notes, held to mirror the Bloomberg 3-10 Year U.S. Treasury Index.ssga.com
Index tracking has been among the tightest in its peer group, and income lands monthly.
Launched in 2007 and now a multi-billion-dollar fund that trades actively, so getting in and out is rarely the hard part.

Worth knowing

GOVM No data

SPTI Intermediate maturities carry real rate sensitivity: a 3-to-10-year book swings more when yields move than a short-bill fund does.
Treasuries only. No corporates, mortgages or inflation-linked bonds, which makes it a building block rather than a full bond allocation.
The monthly payout floats with whatever the Treasury curve is paying, so it moves with rates rather than sitting at a set level.

Full GOVM profile⁠

Full SPTI profile⁠

GOVM vs SPTI Holdings

How GOVM and SPTI differ

No overlap figure

Two bond funds rarely hold the same issues.

Level by level

Asset classFixed Income100%
Countryby domicile100%

Sector

No Sector split for GOVM and SPTI.

Country, concentration and asset class

Country by domicile

Country weights in GOVM and SPTI, widest gap first
Country	More in GOVMMore in SPTI	GOVM	SPTI
United States	Same weight	100.0%	100.0%

Concentration

Weight in the 10 largest Holdings

GOVM10.3%
SPTI18.2%

Securities held

GOVM196
SPTI104

Asset class

GOVM: Fixed Income
SPTI: Fixed Income

Holdings

Two bond funds rarely hold the same issues, so this page lists no shared Holdings. GOVM holds 196 securities, SPTI 104.

All 194 GOVM holdings⁠All 112 SPTI holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

GOVM vs SPTI Cost

Overpaying GOVM vs SPTI

$422

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

GOVM 0.05%
$1,060
SPTI 0.03%
$638

Amount$10,000

Years30 years

Cost over time

GOVM 0.05%
SPTI 0.03%
Overpaying

Year by year

Year	GOVM	SPTI	Overpaying
10	$92	$55	$37
20	$360	$216	$144
30	$1,060	$638	$422

Expense ratio

0.05%GOVM
0.03%SPTI, cheaper

SPTI0.03%GOVM0.05%

0.03%0.39%

Middle half of Treasuries (3-10 Year) funds
Median 0.12%

SPTI cheapest of 19 funds

GOVM 5th cheapest of 19 funds

GOVM vs SPTI Dividends

Last 12 months to Oct 30, 2026

Yield (12M): GOVM No data; SPTI 3.95%
Payout (12M): GOVM No data; SPTI $1.10
Last payment: GOVM $0.08; SPTI $0.09
Ex-dividend: GOVM Oct 1, 2026; SPTI Oct 1, 2026
Paid on: GOVM Oct 6, 2026; SPTI Oct 6, 2026
Frequency: GOVM Monthly; SPTI Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

GOVMMonthly · 4 paymentsAll GOVM payments⁠

SPTIMonthly · 45 paymentsAll SPTI payments⁠

GOVM vs SPTI Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: GOVM No dataSPTI 4.7%
Return per unit of riskSharpe ratio, 3 years: GOVM No dataSPTI 0.02
Worst fallMax drawdown, 5 years: GOVM No dataSPTI −13.7%
Market sensitivityBeta, 5 years: GOVM −0.01SPTI 0.78; Market = 1

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