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 80 ETFs traded on the U.S. markets, Treasury ETFs have total assets under management of $327.63B. The average expense ratio is 0.30%. Treasury ETFs can be found in the following asset classes:

  • Fixed Income

The largest Treasury ETF is the iShares 20+ Year Treasury Bond ETF TLT with $33.20B in assets. In the last trailing year, the best-performing Treasury ETF was TMV at 38.50%. The most recent ETF launched in the Treasury space was the US Treasury 6 Month Bill ETF XBIL on 03/07/23.

Top ETF Performers

TYD Direxion Daily 7-10 Year Treasury Bull 3x Shares 12.52%
TMF Direxion Daily 20+ Year Treasury Bull 3X Shares 11.12%
TUA Simplify Short Term Treasury Futures Strategy ETF 9.67%
UST ProShares Ultra 7-10 Year Treasury 8.08%
UBT ProShares Ultra 20+ Year Treasury 7.66%

Bottom ETF Performers

TMV Direxion Daily 20+ Year Treasury Bear 3x Shares -12.41%
TTT ProShares UltraPro Short 20+ Year Treasury -12.37%
TYO Direxion Daily 7-10 Year Treasury Bear 3x Shares -11.73%
TBT ProShares UltraShort 20+ Year Treasury -8.14%
PST ProShares UltraShort 7-10 Year Treasury -7.70%

Top Creations

SHV iShares Short Treasury Bond ETF 4.52K
SGOV iShares 0-3 Month Treasury Bond ETF 1.58K
SPTS SPDR Portfolio Short Term Treasury ETF 1.45K
TLH iShares 10-20 Year Treasury Bond ETF 1.17K
BIL SPDR Bloomberg 1-3 Month T-Bill ETF 1.13K

Top Redemptions

SHY iShares 1-3 Year Treasury Bond ETF -1,056.31
IEF iShares 7-10 Year Treasury Bond ETF -1,006.56
VGIT Vanguard Intermediate-Term Treasury Index ETF -705.74
IEI iShares 3-7 Year Treasury Bond ETF -491.12
SPTL SPDR Portfolio Long Term Treasury ETF -255.47

AUM Winners

XBIL US Treasury 6 Month Bill ETF 1,187.64%
BUCK Simplify Stable Income ETF 216.39%
OBIL US Treasury 12 Month Bill ETF 215.57%
TFJL Innovator 20+ Year Treasury Bond 5 Floor ETF - Quarterly 136.50%
UTEN US Treasury 10 Year Note ETF 125.85%

AUM Losers

GOVZ iShares 25+ Year Treasury STRIPS Bond ETF -62.44%
TBT ProShares UltraShort 20+ Year Treasury -30.01%
PST ProShares UltraShort 7-10 Year Treasury -22.73%
TBX ProShares Short 7-10 Year Treasury -15.92%
TBF ProShares Short 20+ Year Treasury -15.80% Analysis

Treasury ETFs Spike as Investors Brace for Rate Cuts

The market is pricing in lower rates as early as June. Analysis

What Keeps Financial Advisors Up at Night?

Astoria Portfolio Advisors CEO shares the most common questions his firm is getting as global financial institutions are facing pressure.

Features and News

Investors Bid Up Treasury ETFs After Quarter-Point Rate Hike

Ninth-straight increase suggests rates will stay high for a long stretch.

Features and News

ETF Investors Target High Quality Stocks, Safe Havens in Bank Crisis

Here’s where investors have been putting their money since the collapse of Silicon Valley Bank.

Features and News

ETFs May Offer a Lifeboat in Roiling Market

Government protection, 4.35% earnings are safe features financial advisors recommend.


A Unique Angle on Treasury ETFs

Alexander Morris from F/m Investments explains how his firm's ETFs fill an investor need that has previously gone unaddressed.

Features and News

Investors Flock to Cash ETFs as Stress Over Economy Mounts

BIL, SGOV, short duration T-bill funds pull in $1.53 billion over past few days.

Features and News

Short Treasuries in Spotlight as Rates Rise

Investors are piling into iShares' SHV as stagflation concerns increase

Daily ETF Watch

Another Single Issue Treasury ETF Debuts

The new fund targets the six-month Treasury bill.