iShares U.S. Treasury Bond ETF

10-Year Study

GOVT.US · · US · ETF

Executive Summary: iShares U.S. Treasury Bond ETF has compounded at 0.9% annually over the last 10 years, with a maximum drawdown of 19.2% and an annualized volatility of 6.2%.

1Y CAGR
+3.6%
3Y CAGR
+2.7%
5Y CAGR
-0.4%
10Y CAGR
+0.9%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
19.2%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
-0.71
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
-1.12
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
5.0%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2019 · +7.4%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -13.4%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
70%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20260.01.5-2.00.2————————-0.3%
2025-1.72.20.20.7-1.11.3-0.41.00.90.60.6-0.53.8%
2024-0.2-1.30.8-2.41.41.02.21.31.2-2.40.80.73.0%
20232.7-2.32.90.4-1.1-0.8-0.3-0.5-2.3-1.23.53.24.2%
2022-2.6-0.8-3.2-2.90.0-0.81.6-2.6-3.4-1.32.7-0.7-13.4%
2021-0.5-1.8-1.50.70.20.91.2-0.1-1.1-0.10.60.4-1.1%
20202.52.53.10.3-0.10.11.1-1.20.3-1.10.5-1.66.3%
20191.0-0.32.0-0.42.40.8-0.03.4-0.80.0-0.3-0.67.4%
2018-1.3-0.70.8-0.80.80.2-0.50.7-0.9-0.40.91.50.3%
20170.30.4-0.00.70.6-0.10.21.0-0.9-0.3-0.10.22.2%
2016———-0.20.12.20.5-0.7-0.0-1.1-2.9-0.0-2.3%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 6.2%. The dominant macroeconomic risk driver is SHV.US, accounting for 42.8% of variance. Idiosyncratic stock-specific factors contribute 2.1%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-019976.838118381895
2016-05-019986.52054430422
2016-06-0110207.03304839789
2016-07-0110253.641588867109
2016-08-0110179.504582540309
2016-09-0110179.17234243513
2016-10-0110069.105941876967
2016-11-019775.310763155523
2016-12-019772.083287848081
2017-01-019803.456246351294
2017-02-019840.85698961987
2017-03-019839.907732176505
2017-04-019910.769800323698
2017-05-019970.857796488697
2017-06-019960.558353228189
2017-07-019977.692450080924
2017-08-0110082.348083211908
2017-09-019993.260272152109
2017-10-019967.25061820391
2017-11-019961.649999288056
2017-12-019986.18830419904
2018-01-019854.811074037336
2018-02-019785.610206416031
2018-03-019859.50989838199
2018-04-019782.857359830272
2018-05-019858.46571519429
2018-06-019881.532671068058
2018-07-019835.113982087512
2018-08-019908.633971076126
2018-09-019817.267942152252
2018-10-019777.446592403094
2018-11-019864.113796982312
2018-12-0110011.675866553389
2019-01-0110113.19895012127
2019-02-0110087.18929617307
2019-03-0110287.625005339574
2019-04-0110245.00334613249
2019-05-0110492.522224489892
2019-06-0110578.95211470827
2019-07-0110577.528228543222
2019-08-0110932.075883640024
2019-09-0110840.520003227477
2019-10-0110840.804780460485
2019-11-0110808.150324408733
2019-12-0110748.157253988069
2020-01-0111015.420687167463
2020-02-0111287.525333308022
2020-03-0111639.652381924241
2020-04-0111676.008942005119
2020-05-0111658.684993663708
2020-06-0111674.110427118387
2020-07-0111807.148857805982
2020-08-0111659.68171397924
2020-09-0111691.244523971125
2020-10-0111562.715066139514
2020-11-0111620.145141463092
2020-12-0111430.388578534441
2021-01-0111377.94210478853
2021-02-0111170.33950192462
2021-03-0111005.83318698948
2021-04-0111085.428423615629
2021-05-0111106.596864602665
2021-06-0111204.227992652748
2021-07-0111335.46283419795
2021-08-0111323.976819133233
2021-09-0111202.661717871197
2021-10-0111194.64049247476
2021-11-0111262.749714036196
2021-12-0111303.235543995712
2022-01-0111006.687518688506
2022-02-0110923.342715161067
2022-03-0110572.069998243875
2022-04-0110260.286390970663
2022-05-0110262.801923195582
2022-06-0110176.324570105035
2022-07-0110343.014177159917
2022-08-0110077.1271672734
2022-09-019733.16373267012
2022-10-019604.06472037249
2022-11-019861.645727629562
2022-12-019789.929327783342
2023-01-0110052.778713851088
2023-02-019823.485578406291
2023-03-0110111.300435234538
2023-04-0110156.15284943353
2023-05-0110044.947339943328
2023-06-019964.592697362488
2023-07-019934.358847791316
2023-08-019883.953277548639
2023-09-019659.54881793717
2023-10-019544.736130162182
2023-11-019877.925492783272
2023-12-0110198.489731407608
2024-01-0110180.78608008885
2024-02-0110049.076609821968
2024-03-0110126.203777095368
2024-04-019878.305195760617
2024-05-0110018.93768599513
2024-06-0110117.328219999903
2024-07-0110342.302234077391
2024-08-0110474.106630088616
2024-09-0110597.320246237381
2024-10-0110340.024016213316
2024-11-0110425.45718611616
2024-12-0110499.973895420308
2025-01-0110317.194374700392
2025-02-0110540.55465112416
2025-03-0110561.865480727702
2025-04-0110638.565482151587
2025-05-0110520.335467580486
2025-06-0110653.848526989763
2025-07-0110610.135221722809
2025-08-0110718.825198988094
2025-09-0110814.083183429764
2025-10-0110882.192404991198
2025-11-0110945.4129507193
2025-12-0110895.576934942641
2026-01-0110900.323222159466
2026-02-0111061.50713604283
2026-03-0110841.46926067084
2026-04-0110864.251439311598
Annual Return Matrix
YearAnnual Return
20170.021909864052960693
20180.002552281368821241
20190.07356224844384829
20200.06347425967304621
2021-0.01112412177985933
2022-0.13388256931584852
20230.04173272246866899
20240.029561648043262556
20250.037676573624138454
2026-0.002875065342394123
Total Factor Risk
0.06154197303319835
VTI.US Exposure
-0.015592555415325017
VEA.US Exposure
0.007217451518077744
VWO.US Exposure
-0.007027844877271351
QQQ.US Exposure
0.007412821118040997
VTV.US Exposure
0.005730507380031547
IJR.US Exposure
-0.001184553519529637
QUAL.US Exposure
-0.0168560238935064
SHV.US Exposure
0.4281230996643825
TLT.US Exposure
0.14162551306513338
LQD.US Exposure
0.2850113122954866
HYG.US Exposure
-0.01814280422307794
GLD.US Exposure
0.009448334869219659
USO.US Exposure
0.014170288056471088
VNQ.US Exposure
-0.005945921136184637
BTC-USD.CC Exposure
0.0012154925623532001
CPER.US Exposure
-0.005084783260210967
VIX.INDX Exposure
-0.00032210044021664165
UUP.US Exposure
0.006544574679103015
TIP.US Exposure
0.14233108076910134
Idiosyncratic Exposure
0.021326110787921477
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
6.2%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$0
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$63
Avg Yield on Cost
0.63%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$62.660.63%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-0.6%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+0.2%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
1.8% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
0.90
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is iShares U.S. Treasury Bond ETF a high-risk investment?

iShares U.S. Treasury Bond ETF (GOVT.US) has an annualized volatility of 6.2% and experienced a maximum drawdown of 19.2% over the last 10 years. Its primary macro risk driver is SHV.US.

What is the 10-year return of GOVT.US?

Over the past 10 years, GOVT.US has generated a Compound Annual Growth Rate (CAGR) of 0.9%. It has had a positive return in 70% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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