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 60 ETFs traded in the U.S. markets, Treasury ETFs gather total assets under management of $185.46B. The average expense ratio is 0.40%. Treasury ETFs can be found in the following asset classes:

  • Fixed Income

The largest Treasury ETF is the iShares Short Treasury Bond ETF SHV with $24.00B in assets. In the last trailing year, the best performing Treasury ETF was the TMF at 119.46%. The most-recent ETF launched in the Treasury space was the iShares iBonds Dec 2021 Term Treasury ETF IBTA in 02/25/20.

Top ETF Performers

DFVL iPath US Treasury 5-Year Bull ETN 2.16%
PLW Invesco 1-30 Laddered Treasury ETF 0.97%
IBTH iShares iBonds Dec 2027 Term Treasury ETF 0.95%
IBTI iShares iBonds Dec 2028 Term Treasury ETF 0.90%
UST ProShares Ultra 7-10 Year Treasury 0.85%

Bottom ETF Performers

TAPR Barclays Inverse U.S. Treasury Composite ETN -96.57%
DFVS iPath US Treasury 5-Year Bear ETN -17.97%
DTUL iPath US Treasury 2-year Bull ETN -17.07%
TMV Direxion Daily 20+ Year Treasury Bear 3x Shares -14.63%
TTT ProShares UltraPro Short 20+ Year Treasury -13.69%

Top Creations

BIL SPDR Bloomberg Barclays 1-3 Month T-Bill ETF 8.94K
SHY iShares 1-3 Year Treasury Bond ETF 5.86K
SHV iShares Short Treasury Bond ETF 2.82K
IEI iShares 3-7 Year Treasury Bond ETF 1.26K
VGSH Vanguard Short-Term Treasury Index ETF 1.03K

Top Redemptions

TLT iShares 20+ Year Treasury Bond ETF -4,101.34
GOVT iShares U.S. Treasury Bond ETF -1,553.35
IEF iShares 7-10 Year Treasury Bond ETF -1,056.42
SPTI SPDR Portfolio Intermediate Term Treasury ETF -599.01
SPTL SPDR Portfolio Long Term Treasury ETF -493.25

AUM Winners

IBTJ iShares iBonds Dec 2029 Term Treasury ETF 666.14%
IBTG iShares iBonds Dec 2026 Term Treasury ETF 660.44%
IBTF iShares iBonds Dec 2025 Term Treasury ETF 507.11%
IBTI iShares iBonds Dec 2028 Term Treasury ETF 409.23%
IBTD iShares iBonds Dec 2023 Term Treasury ETF 404.52%

AUM Losers

UBT ProShares Ultra 20+ Year Treasury -40.35%
FEMB First Trust Emerging Markets Local Currency Bond ETF -35.25%
TTT ProShares UltraPro Short 20+ Year Treasury -34.24%
TMV Direxion Daily 20+ Year Treasury Bear 3x Shares -33.68%
TMF Direxion Daily 20+ Year Treasury Bull 3X Shares -29.59%

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