iShares 3-7 Year Treasury Bond (IEI): Historical Returns

Data Source: from January 1871 to February 2024 (~153 years)
Consolidated Returns as of 29 February 2024
Live Update: Mar 01 2024
Category: Fixed Income
iShares 3-7 Year Treasury Bond (IEI) ETF
ETF • LIVE PERFORMANCE (USD currency)
0.36%
1 Day
Mar 01 2024
0.36%
Current Month
March 2024

In the last 30 Years, the iShares 3-7 Year Treasury Bond (IEI) ETF obtained a 4.15% compound annual return, with a 4.42% standard deviation.

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The ETF is related to the following investment themes:

  • Asset Class: Bond
  • Region: North America
  • Country: U.S.
  • Bond - Duration: Intermediate-Term

The iShares 3-7 Year Treasury Bond (IEI) ETF is part of the following Lazy Portfolios:

Portfolio Name Author IEI Weight Currency
Larry Portfolio Larry Swedroe 70.00% USD
Desert Portfolio Gyroscopic Investing 60.00% USD
Desert Portfolio with Bitcoin Gyroscopic Investing 60.00% USD
Sandwich Portfolio Bob Clyatt 41.00% USD
Simple Money Portfolio Tim Maurer 40.00% USD
7Twelve Portfolio Craig Israelsen 25.00% USD
Ultimate Buy&Hold FundAdvice 20.00% USD
Robust Alpha Architect 20.00% USD
Edge Select Conservative Merrill Lynch 17.00% USD
Edge Select Moderately Conservative Merrill Lynch 17.00% USD
Shield Strategy Aim Ways 16.00% USD
All Weather Portfolio Ray Dalio 15.00% USD
Lazy Portfolio David Swensen 15.00% USD
Yale Endowment David Swensen 15.00% USD
Pinwheel 15.00% USD
All Weather Portfolio with Bitcoin Ray Dalio 15.00% USD
Edge Select Moderate Merrill Lynch 14.00% USD
Edge Select Moderately Aggressive Merrill Lynch 9.00% USD
Edge Select Aggressive Merrill Lynch 5.00% USD

Investment Returns as of Feb 29, 2024

The iShares 3-7 Year Treasury Bond (IEI) ETF guaranteed the following returns.

Returns are calculated in USD, assuming:
  • no fees or capital gain taxes.
  • the reinvestment of dividends.
  • the actual US Inflation rates.
ISHARES 3-7 YEAR TREASURY BOND (IEI) ETF
Consolidated returns as of 29 February 2024
Live Update: Mar 01 2024
Swipe left to see all data
  Chg (%) Return (%) Return (%) as of Feb 29, 2024
  1 Day Time ET(*) Mar 2024 1M 6M 1Y 5Y 10Y 30Y MAX
(~153Y)
iShares 3-7 Year Treasury Bond (IEI) ETF 0.36 0.36 -1.38 2.05 3.49 0.50 0.99 4.15 4.47
US Inflation Adjusted return -1.38 0.90 0.76 -3.46 -1.73 1.59 2.31
Returns over 1 year are annualized | Available data source: since Jan 1871
(*) Eastern Time (ET - America/New York)
US Inflation is updated to Jan 2024. Pending updates, the monthly inflation is set at 0% for the subsequent periods. Current inflation (annualized) is 1Y: 2.71% , 5Y: 4.10% , 10Y: 2.77% , 30Y: 2.52%

In 2023, the iShares 3-7 Year Treasury Bond (IEI) ETF granted a 2.43% dividend yield. If you are interested in getting periodic income, please refer to the iShares 3-7 Year Treasury Bond (IEI) ETF: Dividend Yield page.

Capital Growth as of Feb 29, 2024

An investment of 1$, since March 1994, now would be worth 3.39$, with a total return of 239.08% (4.15% annualized).

The Inflation Adjusted Capital now would be 1.61$, with a net total return of 60.63% (1.59% annualized).
An investment of 1$, since January 1871, now would be worth 815.63$, with a total return of 81462.60% (4.47% annualized).

The Inflation Adjusted Capital now would be 32.86$, with a net total return of 3186.50% (2.31% annualized).

Investment Metrics as of Feb 29, 2024

Metrics of iShares 3-7 Year Treasury Bond (IEI) ETF, updated as of 29 February 2024.

Metrics are calculated based on monthly returns, assuming:
  • no fees or capital gain taxes.
  • the reinvestment of dividends.
  • the actual US Inflation rates.
ISHARES 3-7 YEAR TREASURY BOND (IEI) ETF
Advanced Metrics
Data Source: 1 January 1871 - 29 February 2024 (~153 years)
Swipe left to see all data
Metrics as of Feb 29, 2024
1M 3M 6M 1Y 3Y 5Y 10Y 20Y 30Y MAX
(~153Y)
Investment Return (%) -1.38 1.22 2.05 3.49 -2.66 0.50 0.99 2.63 4.15 4.47
Infl. Adjusted Return (%) details -1.38 0.67 0.90 0.76 -7.75 -3.46 -1.73 0.07 1.59 2.31
US Inflation (%) 0.00 0.54 1.14 2.71 5.52 4.10 2.77 2.56 2.52 2.12
Pending updates, the monthly inflation after Jan 2024 is set at 0%. Returns / Inflation rates over 1 year are annualized.
DRAWDOWN
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Deepest Drawdown Depth (%) -3.87 -12.76 -13.59 -13.59 -13.59 -13.59 -13.59
Start to Recovery (# months) details 8 31* 43* 43* 43* 43* 43*
Start (yyyy mm) 2023 05 2021 08 2020 08 2020 08 2020 08 2020 08 2020 08
Start to Bottom (# months) 6 15 27 27 27 27 27
Bottom (yyyy mm) 2023 10 2022 10 2022 10 2022 10 2022 10 2022 10 2022 10
Bottom to End (# months) 2 16 16 16 16 16 16
End (yyyy mm) 2023 12 - - - - - -
Longest Drawdown Depth (%)
same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest
Start to Recovery (# months) details
Start (yyyy mm) 2023 05 2021 08 2020 08 2020 08 2020 08 2020 08 2020 08
Start to Bottom (# months) 6 15 27 27 27 27 27
Bottom (yyyy mm) 2023 10 2022 10 2022 10 2022 10 2022 10 2022 10 2022 10
Bottom to End (# months) 2 16 16 16 16 16 16
End (yyyy mm) 2023 12 - - - - - -
Longest negative period (# months) details 10* 36* 57* 91 91 91 91
Period Start (yyyy mm) 2023 05 2021 03 2019 06 2016 04 2016 04 2016 04 2016 04
Period End (yyyy mm) 2024 02 2024 02 2024 02 2023 10 2023 10 2023 10 2023 10
Annualized Return (%) -0.08 -2.66 -0.17 -0.03 -0.03 -0.03 -0.03
Drawdowns / Negative periods marked with * are in progress
Deepest Drawdown Depth (%) -5.27 -23.96 -27.11 -27.11 -27.11 -27.11 -48.09
Start to Recovery (# months) details 10* 36* 45* 45* 45* 45* 165
Start (yyyy mm) 2023 05 2021 03 2020 06 2020 06 2020 06 2020 06 1916 03
Start to Bottom (# months) 6 32 41 41 41 41 52
Bottom (yyyy mm) 2023 10 2023 10 2023 10 2023 10 2023 10 2023 10 1920 06
Bottom to End (# months) 4 4 4 4 4 4 113
End (yyyy mm) - - - - - - 1929 11
Longest Drawdown Depth (%)
same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest
-7.10 -47.10
Start to Recovery (# months) details 54 538
Start (yyyy mm) 2023 05 2021 03 2020 06 2020 06 2020 06 2003 06 1941 05
Start to Bottom (# months) 6 32 41 41 41 37 485
Bottom (yyyy mm) 2023 10 2023 10 2023 10 2023 10 2023 10 2006 06 1981 09
Bottom to End (# months) 4 4 4 4 4 17 53
End (yyyy mm) - - - - - 2007 11 1986 02
Longest negative period (# months) details 11* 36* 60* 120* 236 253 623
Period Start (yyyy mm) 2023 04 2021 03 2019 03 2014 03 2004 03 2002 10 1932 08
Period End (yyyy mm) 2024 02 2024 02 2024 02 2024 02 2023 10 2023 10 1984 06
Annualized Return (%) -2.21 -7.75 -3.46 -1.73 -0.09 -0.01 0.00
Drawdowns / Negative periods marked with * are in progress
RISK INDICATORS
1Y 3Y 5Y 10Y 20Y 30Y MAX
Standard Deviation (%) 5.17 5.22 4.68 3.85 3.97 4.42 4.42
Sharpe Ratio -0.33 -0.96 -0.28 -0.05 0.33 0.43 0.11
Sortino Ratio -0.54 -1.42 -0.41 -0.07 0.46 0.61 0.16
Ulcer Index 1.83 7.96 6.79 4.97 3.67 3.23 2.19
Ratio: Return / Standard Deviation 0.68 -0.51 0.11 0.26 0.66 0.94 1.01
Ratio: Return / Deepest Drawdown 0.90 -0.21 0.04 0.07 0.19 0.31 0.33
% Positive Months details 50% 38% 48% 49% 57% 61% 67%
Positive Months 6 14 29 59 138 220 1240
Negative Months 6 22 31 61 102 140 598
LONG TERM RETURNS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Best 10 Years Return (%) - Annualized 0.99 4.88 7.88 13.85
Worst 10 Years Return (%) - Annualized 0.48 0.48 0.48
Best 10 Years Return (%) - Annualized -1.73 3.06 5.27 9.53
Worst 10 Years Return (%) - Annualized -2.11 -2.11 -4.38
ROLLING PERIODS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Over the latest 30Y
Best Rolling Return (%) - Annualized 20.44 12.45 8.91 7.88 6.10 4.15
Worst Rolling Return (%) - Annualized -11.36 -4.27 -0.20 0.48 2.54
% Positive Periods 78% 92% 99% 100% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 90.54 28.04 19.22 9.75 5.59 5.17
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - - 1.95
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 17.47 10.00 6.44 5.27 3.73 1.59
Worst Rolling Return (%) - Annualized -18.08 -9.45 -3.89 -2.11 -0.03
% Positive Periods 66% 75% 82% 87% 98% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 90.54 28.04 19.22 9.75 5.59 5.17
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - - 1.95
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Over all the available data source (Jan 1871 - Feb 2024)
Best Rolling Return (%) - Annualized 34.57 19.06 20.18 13.85 10.90 9.18
Worst Rolling Return (%) - Annualized -11.36 -4.27 -0.20 0.48 1.71 2.16
% Positive Periods 85% 98% 99% 100% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 88.56 26.15 14.07 7.49 3.65 2.45
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - - -
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 30.18 17.36 16.51 9.53 7.75 5.97
Worst Rolling Return (%) - Annualized -21.06 -13.90 -12.11 -4.38 -2.07 -1.16
% Positive Periods 63% 71% 71% 73% 80% 85%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 88.56 26.15 14.07 7.49 3.65 2.45
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - - -
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Terms and Definitions
  • Annualized Portfolio Return: it's the annualized geometric mean return of the portfolio.
  • Deepest/Longest Drawdown: a drawdown refers to the decline in value from a relative peak value to a relative trough. The deepest (or maximum) drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The longest drawdown is the period observed from a peak to the subsequent peak with the greatest duration.
  • Longest negative period: it's the maximum period for which an overall negative return has been observed.
  • Standard Deviation: it's a measure of the dispersion of returns around the mean.
  • Sharpe Ratio: it's a measure of risk-adjusted performance of the portfolio. It's calculated by dividing the excess return of the portfolio over the risk-free rate by the portfolio standard deviation. The risk-free rate here considered is the 1-3 Mth T-Bill return.
  • Sortino Ratio: another measure of risk-adjusted performance of the portfolio. It's a modification of the Sharpe Ratio (same formula but the denominator is the portfolio downside standard deviation).
  • Ulcer Index: it's a measure of downside risk that quantifies the depth and duration of drawdowns in an investment portfolio.
  • Best/Worst 10Y returns: the best and the worst 10-year return over a time frame.
  • Rolling Returns: N-year returns over a time frame, calculated over all the available data source (best, worst, % of positive returns). Each rolling period, longer than the longest negative period, yielded a non-negative minimum return.
  • Safe Withdrawal Rate (SWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, without the portfolio running out of money in any case (money amount withdrawal).
    For instance: Your initial invested capital is 100.000$; withdrawal rate (annualized) is 4%. This means that, in the first month, you will withdraw 100.000 * 4% * 1/12 = 333.33$. The second month, you’ll withdraw 333.33$ plus the inflation monthly rate. You’ll continue adjusting your withdraw monthly for inflation.
  • Perpetual Withdrawal Rate (PWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, preserving the original invested capital, adjusted for inflation too.

Correlations as of Feb 29, 2024

Correlation measures to what degree the returns of the two assets move in relation to each other.

Correlation coefficient is a numerical value between -1 and +1. If one variable goes up by a certain amount, the correlation coefficient indicates which way the other variable moves and by how much.
Asset correlations are calculated based on monthly returns.

Monthly correlations of iShares 3-7 Year Treasury Bond (IEI) ETF vs the main Asset Classes, over different timeframes. Columns are sortable (click on table header to sort).

ISHARES 3-7 YEAR TREASURY BOND (IEI) ETF
Monthly correlations as of 29 February 2024
Swipe left to see all data
Correlation vs IEI
Asset Class 1 Year 5 Years 10 Years 30 Years Since
Jan 1992
VTI
US Total Stock Market
0.43
0.19
0.05
-0.13
-0.11
SPY
US Large Cap
0.47
0.20
0.07
-0.11
-0.09
IJR
US Small Cap
0.26
0.05
-0.06
-0.19
-0.17
VNQ
US REITs
0.49
0.27
0.29
0.04
0.06
QQQ
US Technology
0.52
0.32
0.17
-0.12
-0.11
PFF
Preferred Stocks
0.33
0.30
0.29
0.14
0.15
EFA
EAFE Stocks
0.59
0.28
0.14
-0.12
-0.09
VT
World All Countries
0.49
0.22
0.09
-0.14
-0.11
EEM
Emerging Markets
0.40
0.23
0.16
-0.12
-0.07
VGK
Europe
0.60
0.26
0.14
-0.10
-0.08
VPL
Pacific
0.54
0.30
0.15
-0.09
-0.05
FLLA
Latin America
0.39
-0.04
-0.04
-0.17
-0.16
BND
US Total Bond Market
0.93
0.87
0.88
0.86
0.86
TLT
Long Term Treasuries
0.86
0.85
0.85
0.79
0.79
BIL
US Cash
0.03
0.15
0.11
0.17
0.17
TIP
TIPS
0.96
0.75
0.74
0.76
0.77
LQD
Invest. Grade Bonds
0.89
0.73
0.71
0.64
0.65
HYG
High Yield Bonds
0.76
0.36
0.27
0.06
0.09
CWB
US Convertible Bonds
0.40
0.15
0.08
-0.13
-0.11
BNDX
International Bonds
0.90
0.76
0.74
0.56
0.58
EMB
Emerg. Market Bonds
0.66
0.40
0.40
0.21
0.23
GLD
Gold
0.55
0.43
0.45
0.23
0.22
DBC
Commodities
-0.15
-0.29
-0.27
-0.04
-0.03

If you want to learn more about historical correlations, you can find out here how the main asset class are correlated to each other.

Drawdowns

A drawdown refers to the decline in value from a relative peak value to a relative trough. A maximum drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained.

ISHARES 3-7 YEAR TREASURY BOND (IEI) ETF
Drawdown periods
Drawdown periods - Inflation Adjusted
Data Source: 1 March 1994 - 29 February 2024 (30 Years)
Data Source: 1 January 1871 - 29 February 2024 (~153 years)
Inflation Adjusted:
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-13.59% Aug 2020 Oct 2022 27 in progress 16 43 7.99
-4.86% Feb 1996 May 1996 4 Oct 1996 5 9 3.16
-4.67% Oct 1998 Jan 2000 16 Jun 2000 5 21 2.92
-4.29% Jun 2003 Jul 2003 2 Feb 2004 7 9 2.29
-4.11% Mar 1994 Nov 1994 9 Feb 1995 3 12 2.87
-4.03% Nov 2001 Mar 2002 5 Jun 2002 3 8 2.32
-3.74% Apr 2004 May 2004 2 Oct 2004 5 7 2.25
-3.68% Aug 2016 Apr 2018 21 Mar 2019 11 32 2.28
-3.50% Apr 2008 May 2008 2 Oct 2008 5 7 1.96
-3.16% Jan 2009 Jun 2009 6 Nov 2009 5 11 1.74
-3.14% May 2013 Aug 2013 4 Oct 2014 14 18 1.68
-3.07% Nov 2010 Mar 2011 5 May 2011 2 7 2.10
-2.58% Dec 1996 Mar 1997 4 Jun 1997 3 7 1.30
-2.52% Dec 2009 Dec 2009 1 May 2010 5 6 1.13
-2.05% Sep 2005 Apr 2006 8 Aug 2006 4 12 1.35
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 115 3.1 Months 31.86%
 
DD = 0% 31.86%
 
0% < DD <= -5% 222 1.6 Months 61.50%
 
DD <= -5% 93.35%
 
-5% < DD <= -10% 10 36.1 Months 2.77%
 
DD <= -10% 96.12%
 
-10% < DD <= -15% 14 25.8 Months 3.88%
 
DD <= -15% 100.00%
 
-15% < DD <= -20% 0 - 0.00%
 
DD <= -20% 100.00%
 
-20% < DD <= -25% 0 - 0.00%
 
DD <= -25% 100.00%
 
-25% < DD <= -30% 0 - 0.00%
 
DD <= -30% 100.00%
 
-30% < DD <= -35% 0 - 0.00%
 
DD <= -35% 100.00%
 
-35% < DD <= -40% 0 - 0.00%
 
DD <= -40% 100.00%
 
-40% < DD <= -45% 0 - 0.00%
 
DD <= -45% 100.00%
 
-45% < DD <= -50% 0 - 0.00%
 
DD <= -50% 100.00%
 
-50% < DD <= -55% 0 - 0.00%
 
DD <= -55% 100.00%
 
-55% < DD <= -60% 0 - 0.00%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-27.11% Jun 2020 Oct 2023 41 in progress 4 45 17.68
-8.02% Aug 2016 Oct 2018 27 Feb 2020 16 43 4.69
-7.93% Oct 1998 Jan 2000 16 Nov 2000 10 26 4.83
-7.10% Jun 2003 Jun 2006 37 Nov 2007 17 54 3.84
-6.09% Mar 1994 Nov 1994 9 May 1995 6 15 3.74
-5.89% Feb 1996 May 1996 4 Nov 1996 6 10 3.94
-4.81% Nov 2010 Mar 2011 5 Aug 2011 5 10 2.92
-4.69% Jan 2009 Jun 2009 6 Jun 2010 12 18 2.80
-4.58% Apr 2008 Jun 2008 3 Nov 2008 5 8 3.09
-4.51% Nov 2001 Mar 2002 5 Jun 2002 3 8 2.55
-4.51% Aug 2012 Dec 2013 17 Jan 2015 13 30 2.88
-3.25% Dec 1996 Mar 1997 4 Jul 1997 4 8 1.65
-2.40% Feb 2015 Jun 2015 5 Jan 2016 7 12 1.52
-2.39% Oct 2002 Nov 2002 2 Feb 2003 3 5 1.12
-1.62% Feb 2012 Mar 2012 2 May 2012 2 4 0.86
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 62 5.8 Months 17.17%
 
DD = 0% 17.17%
 
0% < DD <= -5% 220 1.6 Months 60.94%
 
DD <= -5% 78.12%
 
-5% < DD <= -10% 51 7.1 Months 14.13%
 
DD <= -10% 92.24%
 
-10% < DD <= -15% 4 90.3 Months 1.11%
 
DD <= -15% 93.35%
 
-15% < DD <= -20% 4 90.3 Months 1.11%
 
DD <= -20% 94.46%
 
-20% < DD <= -25% 13 27.8 Months 3.60%
 
DD <= -25% 98.06%
 
-25% < DD <= -30% 7 51.6 Months 1.94%
 
DD <= -30% 100.00%
 
-30% < DD <= -35% 0 - 0.00%
 
DD <= -35% 100.00%
 
-35% < DD <= -40% 0 - 0.00%
 
DD <= -40% 100.00%
 
-40% < DD <= -45% 0 - 0.00%
 
DD <= -45% 100.00%
 
-45% < DD <= -50% 0 - 0.00%
 
DD <= -50% 100.00%
 
-50% < DD <= -55% 0 - 0.00%
 
DD <= -55% 100.00%
 
-55% < DD <= -60% 0 - 0.00%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-13.59% Aug 2020 Oct 2022 27 in progress 16 43 7.99
-10.70% Jul 1979 Feb 1980 8 Apr 1980 2 10 4.87
-8.68% May 1958 Sep 1959 17 Jul 1960 10 27 5.51
-8.66% Jul 1980 Aug 1981 14 Nov 1981 3 17 6.19
-8.43% Jul 1895 Aug 1896 14 Jan 1897 5 19 5.10
-7.91% Apr 1971 Jul 1971 4 Oct 1971 3 7 4.65
-6.91% Aug 1968 Sep 1969 14 Feb 1970 5 19 3.68
-6.76% Sep 1931 Jan 1932 5 Jun 1932 5 10 3.29
-6.47% Feb 1994 Nov 1994 10 Apr 1995 5 15 4.59
-5.96% Mar 1970 May 1970 3 Sep 1970 4 7 3.22
-5.88% Jul 1873 Oct 1873 4 Feb 1874 4 8 3.24
-5.80% Feb 1898 Apr 1898 3 Jul 1898 3 6 3.41
-5.46% Mar 1987 Sep 1987 7 Dec 1987 3 10 2.88
-4.92% Aug 1939 Sep 1939 2 Mar 1940 6 8 2.07
-4.86% Feb 1996 May 1996 4 Oct 1996 5 9 3.16
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 808 2.3 Months 43.94%
 
DD = 0% 43.94%
 
0% < DD <= -5% 940 2.0 Months 51.11%
 
DD <= -5% 95.05%
 
-5% < DD <= -10% 76 24.2 Months 4.13%
 
DD <= -10% 99.18%
 
-10% < DD <= -15% 15 122.6 Months 0.82%
 
DD <= -15% 100.00%
 
-15% < DD <= -20% 0 - 0.00%
 
DD <= -20% 100.00%
 
-20% < DD <= -25% 0 - 0.00%
 
DD <= -25% 100.00%
 
-25% < DD <= -30% 0 - 0.00%
 
DD <= -30% 100.00%
 
-30% < DD <= -35% 0 - 0.00%
 
DD <= -35% 100.00%
 
-35% < DD <= -40% 0 - 0.00%
 
DD <= -40% 100.00%
 
-40% < DD <= -45% 0 - 0.00%
 
DD <= -45% 100.00%
 
-45% < DD <= -50% 0 - 0.00%
 
DD <= -50% 100.00%
 
-50% < DD <= -55% 0 - 0.00%
 
DD <= -55% 100.00%
 
-55% < DD <= -60% 0 - 0.00%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-48.09% Mar 1916 Jun 1920 52 Nov 1929 113 165 22.55
-47.10% May 1941 Sep 1981 485 Feb 1986 53 538 27.56
-27.11% Jun 2020 Oct 2023 41 in progress 4 45 17.68
-17.93% Jul 1879 Jan 1880 7 Sep 1883 44 51 10.30
-17.89% Aug 1897 Oct 1902 63 Feb 1911 100 163 9.93
-12.80% Jul 1892 Feb 1893 8 Aug 1893 6 14 7.22
-10.06% Jul 1871 Apr 1872 10 Jun 1873 14 24 6.77
-9.05% May 1911 Oct 1913 30 Feb 1915 16 46 5.31
-8.68% Jul 1876 Jan 1877 7 Jun 1877 5 12 4.22
-8.65% Feb 1994 Nov 1994 10 May 1995 6 16 5.91
-8.26% Jul 1886 Jan 1888 19 Jan 1889 12 31 4.41
-8.15% Apr 1895 Oct 1895 7 Jun 1896 8 15 4.52
-8.02% Aug 2016 Oct 2018 27 Feb 2020 16 43 4.69
-7.93% Oct 1998 Jan 2000 16 Nov 2000 10 26 4.83
-7.85% Mar 1987 Sep 1987 7 Feb 1988 5 12 4.16
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Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 279 6.6 Months 15.17%
 
DD = 0% 15.17%
 
0% < DD <= -5% 576 3.2 Months 31.32%
 
DD <= -5% 46.49%
 
-5% < DD <= -10% 228 8.1 Months 12.40%
 
DD <= -10% 58.89%
 
-10% < DD <= -15% 160 11.5 Months 8.70%
 
DD <= -15% 67.59%
 
-15% < DD <= -20% 48 38.3 Months 2.61%
 
DD <= -20% 70.20%
 
-20% < DD <= -25% 162 11.4 Months 8.81%
 
DD <= -25% 79.01%
 
-25% < DD <= -30% 164 11.2 Months 8.92%
 
DD <= -30% 87.93%
 
-30% < DD <= -35% 150 12.3 Months 8.16%
 
DD <= -35% 96.08%
 
-35% < DD <= -40% 37 49.7 Months 2.01%
 
DD <= -40% 98.10%
 
-40% < DD <= -45% 27 68.1 Months 1.47%
 
DD <= -45% 99.56%
 
-45% < DD <= -50% 8 229.9 Months 0.44%
 
DD <= -50% 100.00%
 
-50% < DD <= -55% 0 - 0.00%
 
DD <= -55% 100.00%
 
-55% < DD <= -60% 0 - 0.00%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 

Rolling Returns

( more details)

A rolling return is a measure of investment performance that calculates the return of an investment over a set period of time, with the starting date rolling forward. This approach can provide a more accurate representation of the investment's historical performance and helps investors to evaluate the investment's consistency over time.

ISHARES 3-7 YEAR TREASURY BOND (IEI) ETF
Annualized Rolling Returns
Annualized Rolling Returns - Inflation Adjusted
Data Source: 1 March 1994 - 29 February 2024 (30 Years)
Data Source: 1 January 1871 - 29 February 2024 (~153 years)
Inflation Adjusted:
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Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -11.36 10/2021
09/2022
0.88$ -1.19 0.98$ 4.15 1.04$ 10.53 1.10$ 20.44 01/1995
12/1995
1.20$ 3.49 21.49%
2Y -6.75 11/2020
10/2022
0.86$ 0.65 1.01$ 4.04 1.08$ 8.67 1.18$ 13.53 10/2000
09/2002
1.28$ -2.47 11.28%
3Y -4.27 11/2020
10/2023
0.87$ 1.07 1.03$ 4.73 1.14$ 7.82 1.25$ 12.45 06/2000
05/2003
1.42$ -2.66 7.08%
5Y -0.20 11/2017
10/2022
0.99$ 1.31 1.06$ 4.91 1.27$ 7.43 1.43$ 8.91 10/1997
09/2002
1.53$ 0.50 0.66%
7Y -0.11 10/2016
09/2023
0.99$ 1.72 1.12$ 5.17 1.42$ 7.07 1.61$ 8.94 11/1994
10/2001
1.82$ 0.69 0.72%
10Y 0.48 11/2012
10/2022
1.04$ 2.34 1.26$ 4.58 1.56$ 6.58 1.89$ 7.88 11/1994
10/2004
2.13$ 0.99 0.00%
15Y 1.63 12/2008
11/2023
1.27$ 3.25 1.61$ 4.62 1.96$ 6.45 2.55$ 7.14 12/1994
11/2009
2.81$ 1.72 0.00%
20Y 2.54 10/2003
09/2023
1.65$ 2.86 1.75$ 4.70 2.50$ 5.52 2.92$ 6.10 12/1994
11/2014
3.27$ 2.63 0.00%
30Y 4.15 03/1994
02/2024
3.39$ 4.15 3.39$ 4.15 3.39$ 4.15 3.39$ 4.15 03/1994
02/2024
3.39$ 4.15 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
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Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -18.08 10/2021
09/2022
0.81$ -3.61 0.96$ 1.94 1.01$ 8.39 1.08$ 17.47 01/1995
12/1995
1.17$ 0.76 33.24%
2Y -12.83 11/2020
10/2022
0.75$ -1.42 0.97$ 2.07 1.04$ 6.67 1.13$ 11.25 10/2000
09/2002
1.23$ -6.51 29.67%
3Y -9.45 11/2020
10/2023
0.74$ -0.68 0.97$ 2.44 1.07$ 5.62 1.17$ 10.00 06/2000
05/2003
1.33$ -7.75 24.31%
5Y -3.89 11/2017
10/2022
0.81$ -0.22 0.98$ 2.26 1.11$ 4.92 1.27$ 6.44 10/1997
09/2002
1.36$ -3.46 17.94%
7Y -3.51 10/2016
09/2023
0.77$ 0.04 1.00$ 2.68 1.20$ 4.54 1.36$ 6.38 06/1996
05/2003
1.54$ -2.68 14.08%
10Y -2.11 11/2013
10/2023
0.80$ 0.52 1.05$ 2.41 1.26$ 3.91 1.46$ 5.27 11/1994
10/2004
1.67$ -1.73 12.03%
15Y -0.87 01/2009
12/2023
0.87$ 1.07 1.17$ 2.51 1.45$ 3.95 1.78$ 4.52 12/1994
11/2009
1.94$ -0.79 9.39%
20Y -0.03 10/2003
09/2023
0.99$ 0.33 1.06$ 2.51 1.64$ 3.28 1.90$ 3.73 02/1995
01/2015
2.07$ 0.07 1.65%
30Y 1.59 03/1994
02/2024
1.60$ 1.59 1.60$ 1.59 1.60$ 1.59 1.60$ 1.59 03/1994
02/2024
1.60$ 1.59 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
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Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -11.36 10/2021
09/2022
0.88$ 0.06 1.00$ 3.93 1.03$ 8.93 1.08$ 34.57 10/1981
09/1982
1.34$ 3.49 14.61%
2Y -6.75 11/2020
10/2022
0.86$ 1.46 1.02$ 3.70 1.07$ 8.01 1.16$ 25.05 07/1984
06/1986
1.56$ -2.47 4.52%
3Y -4.27 11/2020
10/2023
0.87$ 2.01 1.06$ 3.77 1.11$ 7.43 1.23$ 19.06 07/1982
06/1985
1.68$ -2.66 1.89%
5Y -0.20 11/2017
10/2022
0.99$ 2.19 1.11$ 3.86 1.20$ 7.12 1.41$ 20.18 09/1981
08/1986
2.50$ 0.50 0.17%
7Y -0.11 10/2016
09/2023
0.99$ 2.46 1.18$ 3.87 1.30$ 6.94 1.59$ 15.92 03/1980
02/1987
2.81$ 0.69 0.11%
10Y 0.48 11/2012
10/2022
1.04$ 2.60 1.29$ 3.98 1.47$ 7.30 2.02$ 13.85 10/1981
09/1991
3.65$ 0.99 0.00%
15Y 1.37 02/1945
01/1960
1.22$ 2.63 1.47$ 3.94 1.78$ 7.76 3.06$ 11.81 12/1980
11/1995
5.33$ 1.72 0.00%
20Y 1.71 08/1939
07/1959
1.40$ 2.84 1.75$ 3.99 2.18$ 7.85 4.53$ 10.90 10/1981
09/2001
7.91$ 2.63 0.00%
30Y 2.16 01/1940
12/1969
1.89$ 2.96 2.39$ 3.84 3.09$ 7.82 9.57$ 9.18 09/1981
08/2011
13.92$ 4.15 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
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Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -21.06 07/1919
06/1920
0.78$ -5.24 0.94$ 2.12 1.02$ 10.39 1.10$ 30.18 06/1877
05/1878
1.30$ 0.76 36.62%
2Y -16.27 07/1918
06/1920
0.70$ -3.16 0.93$ 2.24 1.04$ 8.49 1.17$ 23.31 07/1920
06/1922
1.52$ -6.51 31.29%
3Y -13.90 02/1917
01/1920
0.63$ -2.30 0.93$ 2.37 1.07$ 7.91 1.25$ 17.36 08/1873
07/1876
1.61$ -7.75 28.45%
5Y -12.11 07/1915
06/1920
0.52$ -1.61 0.92$ 2.01 1.10$ 7.01 1.40$ 16.51 11/1873
10/1878
2.14$ -3.46 28.39%
7Y -7.82 07/1913
06/1920
0.56$ -1.30 0.91$ 2.05 1.15$ 6.39 1.54$ 13.69 06/1872
05/1879
2.45$ -2.68 26.27%
10Y -4.38 07/1910
06/1920
0.63$ -1.20 0.88$ 1.73 1.18$ 6.32 1.84$ 9.53 10/1981
09/1991
2.48$ -1.73 26.18%
15Y -3.29 07/1905
06/1920
0.60$ -0.71 0.89$ 1.91 1.32$ 5.69 2.29$ 8.46 04/1871
03/1886
3.38$ -0.79 22.78%
20Y -2.07 07/1900
06/1920
0.65$ -0.52 0.90$ 2.12 1.52$ 4.71 2.50$ 7.75 05/1872
04/1892
4.45$ 0.07 19.89%
30Y -1.16 05/1940
04/1970
0.70$ 0.01 1.00$ 2.09 1.85$ 3.89 3.14$ 5.97 10/1981
09/2011
5.69$ 1.59 14.87%
Annualized rolling and percentiles/median returns over full calendar month periods

If you need a deeper detail about rolling returns, please refer to the iShares 3-7 Year Treasury Bond (IEI) ETF: Rolling Returns page.

Seasonality

In which months is it better to invest in iShares 3-7 Year Treasury Bond (IEI) ETF?

Both the Average Return and the Gain Frequency (Win %) are useful to get an idea of what happened in the past.
For further information about the seasonality, check the Asset Class Seasonality page.
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Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
0.51
60%
-0.69
20%
0.59
60%
-0.16
60%
0.45
80%
-0.22
40%
0.60
80%
-0.23
20%
-1.11
20%
-0.40
20%
1.00
80%
0.26
40%
Best 2.1
2023
1.9
2020
2.9
2023
0.6
2023
1.8
2019
0.9
2019
1.7
2022
2.1
2019
0.1
2020
0.3
2019
2.7
2023
2.3
2023
Worst -1.4
2022
-2.4
2023
-3.2
2022
-2.0
2022
-0.9
2023
-1.2
2023
-0.2
2019
-2.7
2022
-2.9
2022
-0.8
2021
-0.4
2019
-0.6
2022
Monthly Seasonality over the period Feb 1871 - Feb 2024
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Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
0.66
70%
-0.45
30%
0.40
70%
-0.07
50%
0.40
70%
-0.02
30%
0.34
70%
0.05
40%
-0.61
30%
-0.23
30%
0.35
60%
0.25
40%
Best 2.3
2015
1.9
2020
2.9
2023
0.7
2017
1.8
2019
1.8
2016
1.7
2022
2.1
2019
1.1
2015
1.0
2014
2.7
2023
2.3
2023
Worst -1.4
2022
-2.4
2023
-3.2
2022
-2.0
2022
-0.9
2023
-1.2
2023
-0.5
2014
-2.7
2022
-2.9
2022
-0.8
2021
-2.2
2016
-0.6
2022
Monthly Seasonality over the period Feb 1871 - Feb 2024
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Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
0.32
68%
0.34
69%
0.37
73%
0.29
67%
0.43
69%
0.40
66%
0.16
60%
0.28
61%
0.43
69%
0.42
68%
0.62
72%
0.41
67%
Best 5.5
1968
6.9
1970
5.0
1971
10.5
1980
5.7
1985
3.2
1989
4.5
1982
5.1
1982
4.6
1982
6.5
1981
8.4
1981
5.3
1873
Worst -3.1
1896
-7.5
1980
-3.2
2022
-4.8
1970
-3.2
1984
-2.5
1967
-3.9
2003
-5.0
1980
-3.9
1939
-5.7
1979
-2.3
2001
-3.1
1969
Monthly Seasonality over the period Feb 1871 - Feb 2024

Monthly Returns

This section provides a visual/tabular representation of the performance variability in the iShares 3-7 Year Treasury Bond (IEI) ETF over time. It illustrates the distribution of monthly returns, showcasing the range and frequency of positive and negative returns.

ISHARES 3-7 YEAR TREASURY BOND (IEI) ETF
Monthly Returns Distribution
Data Source: 1 March 1994 - 29 February 2024 (30 Years)
Data Source: 1 January 1871 - 29 February 2024 (~153 years)
220 Positive Months (61%) - 140 Negative Months (39%)
1240 Positive Months (67%) - 598 Negative Months (33%)
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(Scroll down to see all data)
Investment Returns, up to December 2007, have been derived using the historical series of equivalent ETFs / Assets.
You can find additional information on extended Data Sources here.

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