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GOVT — iShares U.S. Treasury Bond ETF

Data as of 2026-09-29 · US · Bonds · window 2016-09-29 → 2026-09-29 (10.0 years) · returns assume dividends reinvested, net of fund fees · Market Data from Tiingo.com

What the history says

GOVT
Total return+5.0%
Annualised (CAGR)+0.5%
Volatility (annualised)+5.0%
Sharpe (rf = 0)0.10
Deepest drawdown-19.1%
Drawdown peak → trough2020-08-04 → 2023-10-19
Fee (annual expense ratio)0.05%
Dividend yield (12m distributions)3.78% (as of 2026-09-29)

Over the 10.0 years to 2026-09-29 the fund returned +5.0% in total (+0.5% a year), with a deepest drawdown of -19.1% from 2020-08-04 to 2023-10-19. Its worst calendar year was 2022 (-13.4%), its best 2019 (+7.4%).

Every calendar year

Calendar-year returns (net of fees, dividends reinvested)
YearGOVT
2026-2.6%
2025+3.8%
2024+3.0%
2023+4.2%
2022-13.4%
2021-1.1%
2020+7.3%
2019+7.4%
2018+0.3%
2017+2.2%
2016-4.2%

Common questions

How much has GOVT returned over the last 10 years?

+5.0% in total, which works out to +0.5% a year over the 10 years to 2026-09-29. Both figures assume dividends were reinvested and the fund's own fees were already deducted, so they are what an investor would have kept — before tax.

What was GOVT's worst year?

2022 — its calendar-year return was -13.4% (net of fees, dividends reinvested). Its best year was 2019 (+7.4%).

How deep was GOVT's worst drawdown?

-19.1%, from a peak on 2020-08-04 to a trough on 2023-10-19. As of 2026-09-29 it had not climbed back to that earlier peak.

Does GOVT pay dividends?

Over the last 12 months it distributed 3.78% of its share price (as of 2026-09-29). That is a past distribution, not a promise of future income, and it is already counted in every return figure on this page.

What is GOVT's expense ratio?

0.05% a year, and it is already deducted from every return figure on this page. A fund charges it inside the fund rather than billing you, which is why fee differences show up as a smaller final balance, not as a line item.

What this page does not say

It does not say GOVT is a good or bad fund, and it is not a forecast. Returns above are history: they already include dividends and already exclude the fund's own fees. A drawdown of -19.1% means an investor who bought at the peak would have watched that much value disappear before it recovered — how long that takes is the part most tables leave out.

Run your own window, add fees or a second fund: open GOVT in the tool. History is shown as history, never sold as a forecast.

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