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 61 ETFs traded on the U.S. markets, Treasury ETFs have total assets under management of $163.41B. The average expense ratio is 0.34%. 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 $19.17B in assets. In the last trailing year, the best-performing Treasury ETF was TYD at 18.52%. The most recent ETF launched in the Treasury space was the SPDR Bloomberg Barclays 3-12 Month T-Bill ETF BILS on 09/23/20.