Treasury ETF Overview

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 64 ETFs traded in the U.S. markets, Treasury ETFs gather total assets under management of $177.75B. The average expense ratio is 0.36%. 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 $21.23B in assets. In the last trailing year, the best performing Treasury ETF was the DFVL at 28.07%. The most-recent ETF launched in the Treasury space was the SPDR Bloomberg Barclays 3-12 Month T-Bill ETF BILS in 09/23/20.

Top ETF Performers

TTT ProShares UltraPro Short 20+ Year Treasury 9.75%
TMV Direxion Daily 20+ Year Treasury Bear 3x Shares 9.69%
DFVS iPath US Treasury 5-Year Bear ETN 7.56%
TBT ProShares UltraShort 20+ Year Treasury 6.57%
TBF ProShares Short 20+ Year Treasury 3.22%

Bottom ETF Performers

TMF Direxion Daily 20+ Year Treasury Bull 3X Shares -10.00%
UBT ProShares Ultra 20+ Year Treasury -6.83%
TAPR Barclays Inverse U.S. Treasury Composite ETN -6.38%
ZROZ PIMCO 25+ Year Zero Coupon US Treasury Index ETF -4.88%
GOVZ iShares 25+ Year Treasury STRIPS Bond ETF -4.87%

Top Creations

SHV iShares Short Treasury Bond ETF 520.24
TLT iShares 20+ Year Treasury Bond ETF 430.19
VGSH Vanguard Short-Term Treasury Index ETF 393.01
GOVT iShares U.S. Treasury Bond ETF 353.35
IEF iShares 7-10 Year Treasury Bond ETF 328.79

Top Redemptions

SPTL SPDR Portfolio Long Term Treasury ETF -112.90
SPTI SPDR Portfolio Intermediate Term Treasury ETF -66.44
IEI iShares 3-7 Year Treasury Bond ETF -53.43
UBT ProShares Ultra 20+ Year Treasury -28.20
EMLC VanEck Vectors J.P. Morgan EM Local Currency Bond ETF -27.99

AUM Winners

BILS SPDR Bloomberg Barclays 3-12 Month T-Bill ETF 49.99%
GOVZ iShares 25+ Year Treasury STRIPS Bond ETF 42.35%
TBX ProShares Short 7-10 Year Treasury 36.86%
TLH iShares 10-20 Year Treasury Bond ETF 26.27%
LEMB iShares J.P. Morgan EM Local Currency Bond ETF 15.11%

AUM Losers

RISE Sit Rising Rate ETF -40.41%
TYD Direxion Daily 7-10 Year Treasury Bull 3x Shares -27.32%
PST ProShares UltraShort 7-10 Year Treasury -25.36%
TBJL Innovator 20+ Year Treasury Bond 9 Buffer ETF - July -19.32%
PLW Invesco 1-30 Laddered Treasury ETF -14.77%

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