Fixed Income: U.S. - Government, Treasury Investment Grade Intermediate

IEI Top Performer Intra-day
Price $126.38
Today’s Change -0.13%
3:59pm 11/21/2019
IEF Bottom Performer Intra-day
Price $111.71
Today’s Change -0.25%
4:00pm 11/21/2019

ETF.com Insight

With 5 ETFs and over $38.52B in combined AUM, the Fixed Income: U.S. - Government, Treasury Investment Grade Intermediate segment provides exposure to the U.S. space with a focus on Investment Grade securities.

Year-to-date, the best-performing ETF in the segment is the Vanguard Intermediate-Term Treasury Index ETF (VGIT), with a total return of 9.89%. Meanwhile, the most popular ETF is the iShares 7-10 Year Treasury Bond ETF (IEF) with $18.86BB in assets under management.

Investors should take a look at the Vanguard Intermediate-Term Treasury Index ETF (VGIT). This fund has been chosen as an Analyst Pick by FactSet, thus is the best ETF for the average investor. VGIT tracks a market weighted index of fixed income securities issued by the U.S. government, excluding inflation-protected bonds, with maturities of 3-10 years. VGIT has an expense ratio of 0.07% and tracks the Bloomberg Barclays U.S. 3-10 Year Treasury Bond Index.

ETF.com Efficiency Insight

The average efficiency score in the Fixed Income: U.S. - Government, Treasury Investment Grade Intermediate segment is 95 out of 100, with the Schwab Intermediate-Term U.S. Treasury ETF(SCHR) obtaining the highest rating of 98 out of 100.

Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.10% per year, with the SPDR Portfolio Intermediate Term Treasury ETF (SPTI) having the lowest expense ratio, charging investors 0.06% yearly.

Investors should look for funds with tight tracking, such as the iShares 7-10 Year Treasury Bond ETF (IEF), with a 12-month median tracking difference of -0.01%.

Tracking Difference (12 Month)

ETF.com Tradability Insight

The average tradability score in the Fixed Income: U.S. - Government, Treasury Investment Grade Intermediate segment is 100 out of 100, with the iShares 7-10 Year Treasury Bond ETF(IEF) obtaining the highest rating of 100 out of 100.

The iShares 7-10 Year Treasury Bond ETF (IEF) is the undisputed segment leader when it comes to liquidity. The fund trades 526.51M in daily average volume. Investors should also find ample liquidity in the iShares 3-7 Year Treasury Bond ETF (IEI), with $155.70M in daily dollar volume.

Use limit orders to trade funds such as the SPDR Portfolio Intermediate Term Treasury ETF(SPTI), due to their double-digit market spreads.

ETF.com/ Block Liquidity

IEI
5
4
3
2
1
IEF
5
4
3
2
1
SCHR
5
4
3
2
1
VGIT
5
4
3
2
1
SPTI
5
4
3
2
1
This measurement shows how easy it is to trade 25,000 shares of each ETF.

ETF.com Fit Insight

The Bloomberg Barclays Intermediate U.S. Treasury Index has been selected as the index that most accurately represents the market in question. The benchmark has been selected by the ETF Analytics team at FactSet, according to a series of guidelines to ensure this index accurately captures its market.

Investors trying to match a broad market exposure should pay attention to . This fund obtains a high Fit score and investors should capture market-like returns.

Other funds diverge from the market, by nature of their investment mandates; for example, follows a strategy and obtains a low Fit score compared with our neutral benchmark.

Index Methodology