Invesco Ultra Short Duration ETF

10-Year Study

GSY.US · · US · ETF

Executive Summary: Invesco Ultra Short Duration ETF has compounded at 2.8% annually over the last 10 years, with a maximum drawdown of 2.0% and an annualized volatility of 6.0%.

1Y CAGR
+4.0%
3Y CAGR
+5.3%
5Y CAGR
+3.5%
10Y CAGR
+2.8%

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 →
2.0%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
-1.47
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
-0.98
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
1.1%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2023 · +6.0%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · 0.0%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
100%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20260.40.3-0.30.2————————0.7%
20250.40.50.30.40.40.50.40.50.40.40.40.45.0%
20240.60.30.50.30.60.50.70.60.60.30.40.46.0%
20230.70.20.40.50.30.40.60.50.30.40.80.86.0%
2022-0.3-0.2-0.4-0.20.0-0.20.20.2-0.2-0.10.50.60.0%
20210.0-0.0-0.00.10.1-0.00.10.00.0-0.1-0.0-0.00.0%
20200.30.2-2.01.70.60.50.20.20.00.10.10.11.9%
20190.50.30.40.20.40.30.20.30.20.20.20.23.4%
20180.20.20.10.30.20.10.30.30.20.20.10.12.2%
20170.10.20.20.10.20.10.10.10.20.10.10.11.9%
2016———0.30.30.10.30.20.20.10.10.11.6%

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 6.0%. The dominant macroeconomic risk driver is SHV.US, accounting for 98.6% of variance. Idiosyncratic stock-specific factors contribute 0.2%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110026.465894547237
2016-05-0110055.24920075632
2016-06-0110062.543780646454
2016-07-0110090.747733940074
2016-08-0110112.262794482454
2016-09-0110130.749419330374
2016-10-0110141.125103361828
2016-11-0110149.130707284576
2016-12-0110163.851538181989
2017-01-0110176.01794940669
2017-02-0110194.162229350019
2017-03-0110214.307910274034
2017-04-0110222.07650618591
2017-05-0110243.80224051573
2017-06-0110258.681076753728
2017-07-0110273.480910321436
2017-08-0110285.252308194686
2017-09-0110309.05844617548
2017-10-0110324.147956200923
2017-11-0110339.52714268409
2017-12-0110352.641585952271
2018-01-0110371.207213470483
2018-02-0110388.008448018878
2018-03-0110401.43890196822
2018-04-0110427.825793845164
2018-05-0110450.710234005908
2018-06-0110463.877345720954
2018-07-0110491.238603864813
2018-08-0110518.57352778524
2018-09-0110536.428131270837
2018-10-0110555.204432576487
2018-11-0110563.368041839813
2018-12-0110577.851864726363
2019-01-0110625.543143358245
2019-02-0110652.930735725537
2019-03-0110694.038458499897
2019-04-0110719.845997461382
2019-05-0110758.715311244187
2019-06-0110790.632390041452
2019-07-0110815.28122317201
2019-08-0110847.803989108164
2019-09-0110868.186678043052
2019-10-0110892.44049782216
2019-11-0110913.586879236518
2019-12-0110936.155308716103
2020-01-0110965.043951818905
2020-02-0110987.138365276747
2020-03-0110764.903853750258
2020-04-0110942.817867243915
2020-05-0111010.496821459232
2020-06-0111061.532546466737
2020-07-0111082.020572295343
2020-08-0111101.270889622736
2020-09-0111105.616036488698
2020-10-0111114.22732755034
2020-11-0111126.209399211026
2020-12-0111141.799259481637
2021-01-0111147.092438391086
2021-02-0111142.589286184539
2021-03-0111140.403545639843
2021-04-0111150.963569235308
2021-05-0111158.679496700322
2021-06-0111156.994106400798
2021-07-0111164.078012503489
2021-08-0111166.42175838877
2021-09-0111168.581164710034
2021-10-0111152.964970215993
2021-11-0111148.46181800945
2021-12-0111144.617021388656
2022-01-0111113.647974634878
2022-02-0111095.925042266428
2022-03-0111054.553977257763
2022-04-0111036.620371101877
2022-05-0111038.437432518553
2022-06-0111018.133746253958
2022-07-0111040.122822818077
2022-08-0111058.583113442568
2022-09-0111032.643903363934
2022-10-0111022.03121132161
2022-11-0111082.573590987375
2022-12-0111145.986401007021
2023-01-0111220.433250643871
2023-02-0111238.761870151211
2023-03-0111282.476681045155
2023-04-0111340.2012988039
2023-05-0111377.911906755782
2023-06-0111418.045263263233
2023-07-0111483.775484944725
2023-08-0111544.686543738513
2023-09-0111576.340280301474
2023-10-0111622.161829069824
2023-11-0111716.227675162088
2023-12-0111813.479962289393
2024-01-0111882.659967240228
2024-02-0111915.814754538702
2024-03-0111976.19912886389
2024-04-0112010.03860597155
2024-05-0112085.696829886185
2024-06-0112142.236407590577
2024-07-0112227.638294174343
2024-08-0112306.03527732571
2024-09-0112374.10924489248
2024-10-0112405.578641891429
2024-11-0112460.906845318039
2024-12-0112516.81440166011
2025-01-0112571.589586394686
2025-02-0112628.866522355122
2025-03-0112670.816940279248
2025-04-0112715.558785886964
2025-05-0112760.879984410141
2025-06-0112824.687807781236
2025-07-0112873.195447339454
2025-08-0112937.292947168282
2025-09-0112993.858859096106
2025-10-0113039.522402523873
2025-11-0113086.239314888844
2025-12-0113138.275740386693
2026-01-0113187.31006441351
2026-02-0113232.94727361785
2026-03-0113198.712783158737
2026-04-0113230.313851274843
Annual Return Matrix
YearAnnual Return
20170.018574656178424576
20180.02175389507154213
20190.03387298749990664
20200.0188040444708788
20210.0002529000784698976
20220.00012287363627994097
20230.05988645035688056
20240.059536600698175235
20250.04965012013313541
20260.007005341698319345
Total Factor Risk
0.05989063049099186
VTI.US Exposure
0.009409895203782926
VEA.US Exposure
0.0034454355119632606
VWO.US Exposure
-0.00010991935234735336
QQQ.US Exposure
-0.002237601090343423
VTV.US Exposure
-0.0011402370846917182
IJR.US Exposure
-0.0002770757564871354
QUAL.US Exposure
-0.0012059614698101367
SHV.US Exposure
0.9856298616414125
TLT.US Exposure
-0.001075497231921671
LQD.US Exposure
0.004711263925100011
HYG.US Exposure
-0.0008182101271086606
GLD.US Exposure
-0.00015386902121946518
USO.US Exposure
0.0005298299365766503
VNQ.US Exposure
0.0008419354387198177
BTC-USD.CC Exposure
-0.00004614248044631135
CPER.US Exposure
0.00011372346899163173
VIX.INDX Exposure
-0.00021015727903216428
UUP.US Exposure
-0.00046604448111471023
TIP.US Exposure
0.0014207487472445899
Idiosyncratic Exposure
0.0016380215007314165
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
6.0%

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
$91
Avg Yield on Cost
0.91%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$90.520.91%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 →
+0.1%
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 →
+1.3%
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 →
0.0% 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 →
0.06
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Invesco Ultra Short Duration ETF a high-risk investment?

Invesco Ultra Short Duration ETF (GSY.US) has an annualized volatility of 6.0% and experienced a maximum drawdown of 2.0% over the last 10 years. Its primary macro risk driver is SHV.US.

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

Over the past 10 years, GSY.US has generated a Compound Annual Growth Rate (CAGR) of 2.8%. It has had a positive return in 100% 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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