iShares 7-10 Year Treasury Bond (IEF): Historical Returns

Data Source: from January 1871 to January 2024 (~153 years)
Consolidated Returns as of 31 January 2024
Live Update: Feb 23 2024
Category: Fixed Income
iShares 7-10 Year Treasury Bond (IEF) ETF
ETF • LIVE PERFORMANCE (USD currency)
0.46%
1 Day
Feb 23 2024
2.27%
Current Month
February 2024

In the last 30 Years, the iShares 7-10 Year Treasury Bond (IEF) ETF obtained a 4.66% compound annual return, with a 6.83% 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 7-10 Year Treasury Bond (IEF) ETF is part of the following Lazy Portfolios:

Portfolio Name Author IEF Weight Currency
10-year Treasury 100.00% USD
Simplified Permanent Portfolio 50.00% USD
PISI Portfolio Davide Pisicchio 50.00% USD
Ulcer Free Strategy Aim Ways 34.00% USD
In Saecula Saeculorum Fulvio Marchese 20.00% USD

Investment Returns as of Jan 31, 2024

The iShares 7-10 Year Treasury Bond (IEF) 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 7-10 YEAR TREASURY BOND (IEF) ETF
Consolidated returns as of 31 January 2024
Live Update: Feb 23 2024
Swipe left to see all data
  Chg (%) Return (%) Return (%) as of Jan 31, 2024
  1 Day Time ET(*) Feb 2024 1M 6M 1Y 5Y 10Y 30Y MAX
(~153Y)
iShares 7-10 Year Treasury Bond (IEF) ETF 0.46 -2.27 0.07 2.39 0.13 0.08 1.28 4.66 4.54
US Inflation Adjusted return -0.23 0.71 -2.88 -3.92 -1.47 2.07 2.37
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. Current inflation (annualized) is 1Y: 3.11% , 5Y: 4.16% , 10Y: 2.79% , 30Y: 2.53%

In 2023, the iShares 7-10 Year Treasury Bond (IEF) ETF granted a 2.97% dividend yield. If you are interested in getting periodic income, please refer to the iShares 7-10 Year Treasury Bond (IEF) ETF: Dividend Yield page.

Capital Growth as of Jan 31, 2024

An investment of 1$, since February 1994, now would be worth 3.92$, with a total return of 291.83% (4.66% annualized).

The Inflation Adjusted Capital now would be 1.85$, with a net total return of 85.11% (2.07% annualized).
An investment of 1$, since January 1871, now would be worth 894.15$, with a total return of 89314.69% (4.54% annualized).

The Inflation Adjusted Capital now would be 36.03$, with a net total return of 3502.89% (2.37% annualized).

Investment Metrics as of Jan 31, 2024

Metrics of iShares 7-10 Year Treasury Bond (IEF) ETF, updated as of 31 January 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 7-10 YEAR TREASURY BOND (IEF) ETF
Advanced Metrics
Data Source: 1 January 1871 - 31 January 2024 (~153 years)
Swipe left to see all data
Metrics as of Jan 31, 2024
1M 3M 6M 1Y 3Y 5Y 10Y 20Y 30Y MAX
(~153Y)
Investment Return (%) 0.07 8.57 2.39 0.13 -4.91 0.08 1.28 3.26 4.66 4.54
Infl. Adjusted Return (%) details -0.23 7.81 0.71 -2.88 -10.01 -3.92 -1.47 0.67 2.07 2.37
US Inflation (%) 0.31 0.70 1.66 3.11 5.66 4.16 2.79 2.57 2.53 2.12
Returns / Inflation rates over 1 year are annualized.
DRAWDOWN
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Deepest Drawdown Depth (%) -8.81 -20.81 -23.18 -23.18 -23.18 -23.18 -23.18
Start to Recovery (# months) details 9* 36* 42* 42* 42* 42* 42*
Start (yyyy mm) 2023 05 2021 02 2020 08 2020 08 2020 08 2020 08 2020 08
Start to Bottom (# months) 6 33 39 39 39 39 39
Bottom (yyyy mm) 2023 10 2023 10 2023 10 2023 10 2023 10 2023 10 2023 10
Bottom to End (# months) 3 3 3 3 3 3 3
End (yyyy mm) - - - - - - -
Longest Drawdown Depth (%)
same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest
-3.78
Start to Recovery (# months) details 46
Start (yyyy mm) 2023 05 2021 02 2020 08 2020 08 2020 08 2020 08 1950 01
Start to Bottom (# months) 6 33 39 39 39 39 42
Bottom (yyyy mm) 2023 10 2023 10 2023 10 2023 10 2023 10 2023 10 1953 06
Bottom to End (# months) 3 3 3 3 3 3 4
End (yyyy mm) - - - - - - 1953 10
Longest negative period (# months) details 10 36* 58 107 126 126 126
Period Start (yyyy mm) 2023 02 2021 02 2019 02 2014 12 2013 05 2013 05 2013 05
Period End (yyyy mm) 2023 11 2024 01 2023 11 2023 10 2023 10 2023 10 2023 10
Annualized Return (%) -4.27 -4.91 -0.70 -0.12 -0.04 -0.04 -0.04
Drawdowns / Negative periods marked with * are in progress
Deepest Drawdown Depth (%) -10.15 -32.40 -35.52 -35.52 -35.52 -35.52 -58.41
Start to Recovery (# months) details 9* 36* 44* 44* 44* 44* 543
Start (yyyy mm) 2023 05 2021 02 2020 06 2020 06 2020 06 2020 06 1941 05
Start to Bottom (# months) 6 33 41 41 41 41 485
Bottom (yyyy mm) 2023 10 2023 10 2023 10 2023 10 2023 10 2023 10 1981 09
Bottom to End (# months) 3 3 3 3 3 3 58
End (yyyy mm) - - - - - - 1986 07
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 02 2020 06 2020 06 2020 06 2020 06 1941 05
Start to Bottom (# months) 6 33 41 41 41 41 485
Bottom (yyyy mm) 2023 10 2023 10 2023 10 2023 10 2023 10 2023 10 1981 09
Bottom to End (# months) 3 3 3 3 3 3 58
End (yyyy mm) - - - - - - 1986 07
Longest negative period (# months) details 12* 36* 60* 120* 189 189 1025
Period Start (yyyy mm) 2023 02 2021 02 2019 02 2014 02 2008 02 2008 02 1896 05
Period End (yyyy mm) 2024 01 2024 01 2024 01 2024 01 2023 10 2023 10 1981 09
Annualized Return (%) -2.88 -10.01 -3.92 -1.47 -0.16 -0.16 -0.02
Drawdowns / Negative periods marked with * are in progress
RISK INDICATORS
1Y 3Y 5Y 10Y 20Y 30Y MAX
Standard Deviation (%) 8.85 8.39 7.66 6.42 6.56 6.83 5.45
Sharpe Ratio -0.56 -0.85 -0.22 0.02 0.30 0.35 0.10
Sortino Ratio -0.91 -1.27 -0.33 0.03 0.43 0.50 0.15
Ulcer Index 3.90 12.15 11.23 8.42 6.33 5.66 3.27
Ratio: Return / Standard Deviation 0.02 -0.59 0.01 0.20 0.50 0.68 0.83
Ratio: Return / Deepest Drawdown 0.02 -0.24 0.00 0.06 0.14 0.20 0.20
% Positive Months details 41% 38% 48% 50% 53% 56% 65%
Positive Months 5 14 29 61 128 202 1209
Negative Months 7 22 31 59 112 158 628
LONG TERM RETURNS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Best 10 Years Return (%) - Annualized 1.28 6.52 9.01 15.70
Worst 10 Years Return (%) - Annualized 0.38 0.38 0.37
Best 10 Years Return (%) - Annualized -1.47 4.68 6.38 11.31
Worst 10 Years Return (%) - Annualized -2.27 -2.27 -5.68
ROLLING PERIODS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Over the latest 30Y
Best Rolling Return (%) - Annualized 25.55 13.00 9.80 9.01 7.27 4.66
Worst Rolling Return (%) - Annualized -16.44 -7.79 -0.75 0.38 2.99
% Positive Periods 74% 92% 98% 100% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 87.50 26.75 19.31 9.88 6.13 5.44
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - 0.49 2.50
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 22.45 10.54 7.48 6.38 4.91 2.07
Worst Rolling Return (%) - Annualized -22.45 -12.78 -4.44 -2.27 0.41
% Positive Periods 66% 83% 88% 90% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 87.50 26.75 19.31 9.88 6.13 5.44
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - 0.49 2.50
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Over all the available data source (Jan 1871 - Jan 2024)
Best Rolling Return (%) - Annualized 44.35 23.66 23.75 15.70 12.08 10.36
Worst Rolling Return (%) - Annualized -16.44 -7.79 -0.75 0.37 1.54 1.94
% Positive Periods 81% 93% 99% 100% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 87.50 26.06 14.07 7.49 3.58 2.37
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 41.30 19.98 19.55 11.31 8.50 7.14
Worst Rolling Return (%) - Annualized -22.45 -13.92 -12.17 -5.68 -3.10 -1.47
% Positive Periods 63% 70% 69% 67% 72% 80%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 87.50 26.06 14.07 7.49 3.58 2.37
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 Jan 31, 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 7-10 Year Treasury Bond (IEF) ETF vs the main Asset Classes, over different timeframes. Columns are sortable (click on table header to sort).

ISHARES 7-10 YEAR TREASURY BOND (IEF) ETF
Monthly correlations as of 31 January 2024
Swipe left to see all data
Correlation vs IEF
Asset Class 1 Year 5 Years 10 Years 30 Years Since
Jan 1992
VTI
US Total Stock Market
0.73
0.23
0.09
-0.11
-0.10
SPY
US Large Cap
0.76
0.24
0.10
-0.09
-0.08
IJR
US Small Cap
0.46
0.06
-0.05
-0.17
-0.16
VNQ
US REITs
0.72
0.33
0.35
0.08
0.10
QQQ
US Technology
0.72
0.37
0.21
-0.10
-0.09
PFF
Preferred Stocks
0.54
0.35
0.33
0.16
0.17
EFA
EAFE Stocks
0.80
0.28
0.14
-0.10
-0.07
VT
World All Countries
0.77
0.25
0.11
-0.11
-0.10
EEM
Emerging Markets
0.67
0.23
0.15
-0.10
-0.07
VGK
Europe
0.76
0.25
0.13
-0.09
-0.07
VPL
Pacific
0.80
0.29
0.15
-0.06
-0.03
FLLA
Latin America
0.60
-0.01
-0.03
-0.15
-0.14
BND
US Total Bond Market
0.99
0.90
0.90
0.89
0.90
TLT
Long Term Treasuries
0.95
0.94
0.94
0.90
0.90
BIL
US Cash
0.30
0.13
0.08
0.11
0.11
TIP
TIPS
0.96
0.76
0.76
0.78
0.79
LQD
Invest. Grade Bonds
0.96
0.77
0.74
0.69
0.70
HYG
High Yield Bonds
0.89
0.36
0.26
0.09
0.10
CWB
US Convertible Bonds
0.60
0.18
0.10
-0.10
-0.08
BNDX
International Bonds
0.95
0.78
0.77
0.59
0.60
EMB
Emerg. Market Bonds
0.84
0.43
0.43
0.27
0.28
GLD
Gold
0.56
0.42
0.45
0.25
0.24
DBC
Commodities
-0.09
-0.32
-0.31
-0.07
-0.06

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 7-10 YEAR TREASURY BOND (IEF) ETF
Drawdown periods
Drawdown periods - Inflation Adjusted
Data Source: 1 February 1994 - 31 January 2024 (30 Years)
Data Source: 1 January 1871 - 31 January 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
-23.18% Aug 2020 Oct 2023 39 in progress 3 42 13.37
-9.56% Feb 1994 Nov 1994 10 May 1995 6 16 6.64
-9.34% Oct 1998 Jan 2000 16 Aug 2000 7 23 5.17
-7.60% May 2013 Dec 2013 8 Nov 2014 11 19 4.38
-7.18% Aug 2016 Apr 2018 21 May 2019 13 34 4.82
-6.90% Feb 1996 May 1996 4 Nov 1996 6 10 4.58
-6.65% Jan 2009 Jun 2009 6 Jun 2010 12 18 4.33
-6.60% Nov 2001 Mar 2002 5 Jul 2002 4 9 3.77
-5.68% Jun 2003 Jul 2003 2 Dec 2003 5 7 2.83
-4.85% Apr 2004 May 2004 2 Oct 2004 5 7 2.96
-4.67% Sep 2010 Mar 2011 7 Jul 2011 4 11 2.74
-4.25% Feb 2015 Jun 2015 5 Jan 2016 7 12 2.34
-4.15% Apr 2008 May 2008 2 Nov 2008 6 8 2.19
-4.13% Oct 2002 Nov 2002 2 Feb 2003 3 5 2.02
-4.08% Jul 2005 May 2006 11 Sep 2006 4 15 2.49
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 92 3.9 Months 25.48%
 
DD = 0% 25.48%
 
0% < DD <= -5% 178 2.0 Months 49.31%
 
DD <= -5% 74.79%
 
-5% < DD <= -10% 68 5.3 Months 18.84%
 
DD <= -10% 93.63%
 
-10% < DD <= -15% 4 90.3 Months 1.11%
 
DD <= -15% 94.74%
 
-15% < DD <= -20% 15 24.1 Months 4.16%
 
DD <= -20% 98.89%
 
-20% < DD <= -25% 4 90.3 Months 1.11%
 
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
-35.52% Jun 2020 Oct 2023 41 in progress 3 44 21.81
-12.44% Oct 1998 Jan 2000 16 Dec 2000 11 27 7.11
-11.70% Aug 2016 Oct 2018 27 Aug 2019 10 37 7.46
-11.68% Feb 1994 Nov 1994 10 May 1995 6 16 8.13
-9.30% Aug 2012 Dec 2013 17 Jan 2015 13 30 4.99
-9.15% Jan 2009 Dec 2009 12 Jul 2010 7 19 5.81
-8.10% Jan 1996 May 1996 5 Jul 1997 14 19 4.76
-7.72% Jul 2005 Jun 2006 12 Nov 2007 17 29 4.35
-7.07% Nov 2001 Mar 2002 5 Jul 2002 4 9 4.11
-6.86% Sep 2010 Mar 2011 7 Aug 2011 5 12 4.04
-6.09% Jun 2003 Jul 2003 2 Feb 2004 7 9 3.02
-5.42% Feb 2015 Jun 2015 5 Feb 2016 8 13 3.16
-5.41% Apr 2004 May 2004 2 May 2005 12 14 3.10
-4.93% Apr 2008 May 2008 2 Nov 2008 6 8 3.54
-4.50% Oct 2002 Nov 2002 2 May 2003 6 8 2.02
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 55 6.6 Months 15.24%
 
DD = 0% 15.24%
 
0% < DD <= -5% 155 2.3 Months 42.94%
 
DD <= -5% 58.17%
 
-5% < DD <= -10% 107 3.4 Months 29.64%
 
DD <= -10% 87.81%
 
-10% < DD <= -15% 19 19.0 Months 5.26%
 
DD <= -15% 93.07%
 
-15% < DD <= -20% 2 180.5 Months 0.55%
 
DD <= -20% 93.63%
 
-20% < DD <= -25% 4 90.3 Months 1.11%
 
DD <= -25% 94.74%
 
-25% < DD <= -30% 7 51.6 Months 1.94%
 
DD <= -30% 96.68%
 
-30% < DD <= -35% 11 32.8 Months 3.05%
 
DD <= -35% 99.72%
 
-35% < DD <= -40% 1 361.0 Months 0.28%
 
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
-23.18% Aug 2020 Oct 2023 39 in progress 3 42 13.37
-15.76% Jul 1979 Feb 1980 8 May 1980 3 11 7.54
-14.57% Jul 1980 Sep 1981 15 Nov 1981 2 17 9.19
-10.87% Mar 1987 Sep 1987 7 Jan 1988 4 11 5.88
-10.14% Nov 1993 Nov 1994 13 May 1995 6 19 6.64
-9.34% Oct 1998 Jan 2000 16 Aug 2000 7 23 5.17
-9.06% Sep 1968 Dec 1969 16 Sep 1970 9 25 4.34
-7.99% Feb 1984 May 1984 4 Aug 1984 3 7 4.01
-7.78% May 1958 Sep 1959 17 Jul 1960 10 27 4.90
-7.60% May 2013 Dec 2013 8 Nov 2014 11 19 4.38
-7.34% Apr 1971 Jul 1971 4 Oct 1971 3 7 4.31
-7.33% May 1907 Dec 1907 8 Jan 1911 37 45 2.89
-7.19% Sep 1931 Jan 1932 5 Jul 1932 6 11 3.56
-7.18% Aug 2016 Apr 2018 21 May 2019 13 34 4.82
-6.90% Feb 1996 May 1996 4 Nov 1996 6 10 4.58
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 741 2.5 Months 40.32%
 
DD = 0% 40.32%
 
0% < DD <= -5% 918 2.0 Months 49.95%
 
DD <= -5% 90.26%
 
-5% < DD <= -10% 145 12.7 Months 7.89%
 
DD <= -10% 98.15%
 
-10% < DD <= -15% 14 131.3 Months 0.76%
 
DD <= -15% 98.91%
 
-15% < DD <= -20% 16 114.9 Months 0.87%
 
DD <= -20% 99.78%
 
-20% < DD <= -25% 4 459.5 Months 0.22%
 
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
-58.41% May 1941 Sep 1981 485 Jul 1986 58 543 32.01
-51.09% Jul 1901 Jun 1920 228 Apr 1929 106 334 19.09
-35.52% Jun 2020 Oct 2023 41 in progress 3 44 21.81
-15.73% Jul 1879 Jan 1880 7 Jan 1881 12 19 7.75
-13.79% Aug 1897 May 1898 10 Jan 1899 8 18 5.19
-13.55% Jul 1892 Feb 1893 8 Dec 1893 10 18 7.12
-13.30% Jul 1876 Jan 1877 7 Jan 1878 12 19 6.65
-13.22% Sep 1986 Sep 1987 13 Jun 1989 21 34 5.72
-12.83% Oct 1993 Nov 1994 14 Jun 1995 7 21 8.15
-12.44% Oct 1998 Jan 2000 16 Dec 2000 11 27 7.11
-11.70% Aug 2016 Oct 2018 27 Aug 2019 10 37 7.46
-9.95% Feb 1899 Nov 1899 10 Dec 1900 13 23 6.14
-9.30% Aug 2012 Dec 2013 17 Jan 2015 13 30 4.99
-9.15% Jan 2009 Dec 2009 12 Jul 2010 7 19 5.81
-8.10% Jan 1996 May 1996 5 Jul 1997 14 19 4.76
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 274 6.7 Months 14.91%
 
DD = 0% 14.91%
 
0% < DD <= -5% 527 3.5 Months 28.67%
 
DD <= -5% 43.58%
 
-5% < DD <= -10% 295 6.2 Months 16.05%
 
DD <= -10% 59.63%
 
-10% < DD <= -15% 123 14.9 Months 6.69%
 
DD <= -15% 66.32%
 
-15% < DD <= -20% 41 44.8 Months 2.23%
 
DD <= -20% 68.55%
 
-20% < DD <= -25% 55 33.4 Months 2.99%
 
DD <= -25% 71.55%
 
-25% < DD <= -30% 148 12.4 Months 8.05%
 
DD <= -30% 79.60%
 
-30% < DD <= -35% 176 10.4 Months 9.58%
 
DD <= -35% 89.17%
 
-35% < DD <= -40% 135 13.6 Months 7.34%
 
DD <= -40% 96.52%
 
-40% < DD <= -45% 19 96.7 Months 1.03%
 
DD <= -45% 97.55%
 
-45% < DD <= -50% 17 108.1 Months 0.92%
 
DD <= -50% 98.48%
 
-50% < DD <= -55% 23 79.9 Months 1.25%
 
DD <= -55% 99.73%
 
-55% < DD <= -60% 5 367.6 Months 0.27%
 
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 7-10 YEAR TREASURY BOND (IEF) ETF
Annualized Rolling Returns
Annualized Rolling Returns - Inflation Adjusted
Data Source: 1 February 1994 - 31 January 2024 (30 Years)
Data Source: 1 January 1871 - 31 January 2024 (~153 years)
Inflation Adjusted:
Swipe left to see all data
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 -16.44 11/2021
10/2022
0.83$ -2.93 0.97$ 5.57 1.05$ 13.51 1.13$ 25.55 01/1995
12/1995
1.25$ 0.13 25.50%
2Y -10.33 11/2020
10/2022
0.80$ 0.51 1.01$ 5.45 1.11$ 10.52 1.22$ 15.68 10/1996
09/1998
1.33$ -5.20 12.46%
3Y -7.79 11/2020
10/2023
0.78$ 1.53 1.04$ 5.78 1.18$ 8.96 1.29$ 13.00 06/2000
05/2003
1.44$ -4.91 8.00%
5Y -0.75 11/2017
10/2022
0.96$ 2.02 1.10$ 5.77 1.32$ 8.30 1.48$ 9.80 02/2000
01/2005
1.59$ 0.08 1.66%
7Y -1.15 11/2016
10/2023
0.92$ 2.57 1.19$ 6.10 1.51$ 7.69 1.67$ 10.08 11/1994
10/2001
1.95$ 0.62 2.89%
10Y 0.38 11/2012
10/2022
1.03$ 3.58 1.42$ 5.91 1.77$ 7.26 2.01$ 9.01 11/1994
10/2004
2.36$ 1.28 0.00%
15Y 2.00 01/2009
12/2023
1.34$ 4.22 1.86$ 5.74 2.31$ 7.32 2.88$ 7.94 12/1994
11/2009
3.14$ 2.27 0.00%
20Y 2.99 11/2003
10/2023
1.80$ 3.81 2.11$ 5.71 3.03$ 6.60 3.58$ 7.27 02/1995
01/2015
4.06$ 3.26 0.00%
30Y 4.66 02/1994
01/2024
3.91$ 4.66 3.91$ 4.66 3.91$ 4.66 3.91$ 4.66 02/1994
01/2024
3.91$ 4.66 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 -22.45 11/2021
10/2022
0.77$ -5.50 0.94$ 3.52 1.03$ 10.96 1.10$ 22.45 01/1995
12/1995
1.22$ -2.88 33.81%
2Y -16.18 11/2020
10/2022
0.70$ -1.63 0.96$ 3.43 1.06$ 8.16 1.16$ 13.61 10/1996
09/1998
1.29$ -9.48 27.60%
3Y -12.78 11/2020
10/2023
0.66$ -0.35 0.98$ 3.35 1.10$ 6.69 1.21$ 10.54 06/2000
05/2003
1.35$ -10.01 16.92%
5Y -4.44 11/2018
10/2023
0.79$ 0.25 1.01$ 3.29 1.17$ 5.76 1.32$ 7.48 07/2007
06/2012
1.43$ -3.92 11.30%
7Y -4.49 11/2016
10/2023
0.72$ 0.80 1.05$ 3.80 1.29$ 5.29 1.43$ 7.39 11/1994
10/2001
1.64$ -2.77 9.75%
10Y -2.27 11/2013
10/2023
0.79$ 1.71 1.18$ 3.68 1.43$ 4.68 1.57$ 6.38 11/1994
10/2004
1.85$ -1.47 9.54%
15Y -0.55 01/2009
12/2023
0.92$ 2.08 1.36$ 3.41 1.65$ 4.77 2.01$ 5.30 12/1994
11/2009
2.16$ -0.28 2.21%
20Y 0.41 11/2003
10/2023
1.08$ 1.29 1.29$ 3.51 1.99$ 4.35 2.34$ 4.91 02/1995
01/2015
2.60$ 0.67 0.00%
30Y 2.07 02/1994
01/2024
1.85$ 2.07 1.85$ 2.07 1.85$ 2.07 1.85$ 2.07 02/1994
01/2024
1.85$ 2.07 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 -16.44 11/2021
10/2022
0.83$ -0.74 0.99$ 3.91 1.03$ 9.78 1.09$ 44.35 04/1985
03/1986
1.44$ 0.13 18.73%
2Y -10.33 11/2020
10/2022
0.80$ 0.78 1.01$ 3.71 1.07$ 8.81 1.18$ 34.91 07/1984
06/1986
1.82$ -5.20 9.92%
3Y -7.79 11/2020
10/2023
0.78$ 1.28 1.03$ 3.86 1.12$ 8.13 1.26$ 23.66 09/1983
08/1986
1.89$ -4.91 6.16%
5Y -0.75 11/2017
10/2022
0.96$ 1.58 1.08$ 4.15 1.22$ 7.53 1.43$ 23.75 09/1981
08/1986
2.90$ 0.08 0.90%
7Y -1.15 11/2016
10/2023
0.92$ 1.79 1.13$ 4.07 1.32$ 7.24 1.63$ 17.44 03/1980
02/1987
3.08$ 0.62 0.46%
10Y 0.37 10/1949
09/1959
1.03$ 2.02 1.22$ 4.18 1.50$ 7.39 2.04$ 15.70 10/1981
09/1991
4.29$ 1.28 0.00%
15Y 0.98 02/1945
01/1960
1.15$ 2.14 1.37$ 4.04 1.81$ 7.91 3.13$ 13.03 10/1981
09/1996
6.28$ 2.27 0.00%
20Y 1.54 01/1940
12/1959
1.35$ 2.42 1.61$ 3.95 2.16$ 8.04 4.69$ 12.08 10/1981
09/2001
9.77$ 3.26 0.00%
30Y 1.94 01/1940
12/1969
1.77$ 2.67 2.20$ 3.83 3.08$ 8.14 10.46$ 10.36 10/1981
09/2011
19.26$ 4.66 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
Swipe left to see all data
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 -22.45 11/2021
10/2022
0.77$ -5.89 0.94$ 2.33 1.02$ 11.15 1.11$ 41.30 04/1985
03/1986
1.41$ -2.88 36.91%
2Y -16.18 11/2020
10/2022
0.70$ -3.30 0.93$ 2.54 1.05$ 9.02 1.18$ 31.35 07/1984
06/1986
1.72$ -9.48 31.86%
3Y -13.92 02/1917
01/1920
0.63$ -2.35 0.93$ 2.45 1.07$ 8.09 1.26$ 19.98 09/1983
08/1986
1.72$ -10.01 29.08%
5Y -12.17 07/1915
06/1920
0.52$ -1.94 0.90$ 2.52 1.13$ 7.32 1.42$ 19.55 09/1981
08/1986
2.44$ -3.92 30.82%
7Y -8.73 06/1913
05/1920
0.52$ -1.78 0.88$ 2.44 1.18$ 7.28 1.63$ 13.13 10/1981
09/1988
2.37$ -2.77 28.96%
10Y -5.68 10/1971
09/1981
0.55$ -1.59 0.85$ 2.53 1.28$ 6.66 1.90$ 11.31 10/1981
09/1991
2.91$ -1.47 32.54%
15Y -4.52 07/1905
06/1920
0.49$ -1.17 0.83$ 2.34 1.41$ 6.01 2.39$ 9.13 10/1981
09/1996
3.70$ -0.28 28.11%
20Y -3.10 07/1900
06/1920
0.53$ -0.91 0.83$ 2.21 1.54$ 5.50 2.91$ 8.50 10/1981
09/2001
5.11$ 0.67 27.60%
30Y -1.47 10/1951
09/1981
0.64$ -0.31 0.90$ 1.97 1.79$ 4.35 3.58$ 7.14 10/1981
09/2011
7.91$ 2.07 19.69%
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 7-10 Year Treasury Bond (IEF) ETF: Rolling Returns page.

Seasonality

In which months is it better to invest in iShares 7-10 Year Treasury Bond (IEF) 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
0.78
60%
-0.70
20%
0.73
60%
-0.53
60%
0.60
80%
0.03
60%
1.04
80%
-0.41
20%
-2.07
20%
-1.00
20%
1.78
80%
0.12
20%
Best 3.6
2023
3.0
2020
3.7
2023
1.0
2021
3.0
2019
1.2
2019
3.0
2022
3.9
2019
0.3
2020
0.2
2019
4.6
2023
3.8
2023
Worst -2.1
2022
-3.3
2023
-4.1
2022
-4.2
2022
-1.4
2023
-1.3
2023
-0.7
2023
-3.9
2022
-4.7
2022
-1.9
2023
-0.7
2019
-1.5
2022
Monthly Seasonality over the period Feb 1871 - Jan 2024
Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
1.03
70%
-0.43
40%
0.51
60%
-0.29
50%
0.61
70%
0.11
50%
0.66
70%
0.14
50%
-1.22
30%
-0.61
20%
0.66
60%
0.31
40%
Best 4.3
2015
3.0
2020
3.7
2023
1.1
2017
3.0
2019
3.1
2016
3.0
2022
3.9
2019
1.6
2015
1.5
2014
4.6
2023
3.8
2023
Worst -2.2
2018
-3.3
2023
-4.1
2022
-4.2
2022
-1.4
2023
-1.6
2015
-0.7
2023
-3.9
2022
-4.7
2022
-1.9
2023
-4.2
2016
-1.5
2022
Monthly Seasonality over the period Feb 1871 - Jan 2024
Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
0.27
67%
0.38
68%
0.37
68%
0.22
64%
0.46
67%
0.46
68%
0.15
60%
0.35
61%
0.41
65%
0.41
61%
0.66
72%
0.47
67%
Best 5.7
1968
7.2
1986
5.8
1986
12.4
1980
7.9
1985
5.6
1986
6.3
1984
6.0
1982
7.3
1982
7.6
1981
9.4
1981
5.4
1991
Worst -3.9
1980
-7.9
1980
-4.1
2022
-4.6
1970
-4.7
1984
-2.7
1967
-5.0
2003
-3.9
2022
-4.7
2022
-7.0
1979
-4.2
2016
-4.4
2009
Monthly Seasonality over the period Feb 1871 - Jan 2024

Monthly Returns

This section provides a visual/tabular representation of the performance variability in the iShares 7-10 Year Treasury Bond (IEF) ETF over time. It illustrates the distribution of monthly returns, showcasing the range and frequency of positive and negative returns.

ISHARES 7-10 YEAR TREASURY BOND (IEF) ETF
Monthly Returns Distribution
Data Source: 1 February 1994 - 31 January 2024 (30 Years)
Data Source: 1 January 1871 - 31 January 2024 (~153 years)
202 Positive Months (56%) - 158 Negative Months (44%)
1209 Positive Months (66%) - 628 Negative Months (34%)
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(Scroll down to see all data)
Investment Returns, up to December 2002, 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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