Treasury ETFs hold U.S. government debt instruments of varying maturities. They also provide low-cost access to different key points of the yield curve or to the entire yield curve, depending on the fund. These ETFs often have lower yields than riskier bonds, but they are fully backed by the credit and taxing power of U.S. government.
With 44 ETFs traded in the U.S. markets, Treasury ETFs gather total assets under management of $58.61B. The average expense ratio is of 1.2%. Treasury ETFs can be found in the following asset classes:
- Fixed Income
The largest Treasury ETF is the iShares 1-3 Year Treasury Bond ETF SHY with $11.41B in assets. In the last trailing year, the best performing Treasury ETF was the DTUS at 8.59%. The most-recent ETF launched in the Treasury space was the PowerShares Treasury Collateral Portfolio CLTL in 01/12/17.