iShares U.S. Treasury Bond (GOVT): Historical Returns

Data Source: from January 2013 to February 2024 (~11 years)
Consolidated Returns as of 29 February 2024
Category: Fixed Income
iShares U.S. Treasury Bond (GOVT) ETF
ETF • LIVE PERFORMANCE (USD currency)
1.30%
February 2024

In the last 10 Years, the iShares U.S. Treasury Bond (GOVT) ETF obtained a 0.83% compound annual return, with a 4.76% 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: All-Term

Investment Returns as of Feb 29, 2024

The iShares U.S. Treasury Bond (GOVT) 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 U.S. TREASURY BOND (GOVT) ETF
Consolidated returns as of 29 February 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 MAX
(~11Y)
iShares U.S. Treasury Bond (GOVT) ETF n.a. n.a. -1.30 1.65 2.27 0.06 0.83 0.65
US Inflation Adjusted return -1.30 0.50 -0.43 -3.88 -1.89 -1.95
Returns over 1 year are annualized | Available data source: since Jan 2013
(*) 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%

In 2023, the iShares U.S. Treasury Bond (GOVT) ETF granted a 2.73% dividend yield. If you are interested in getting periodic income, please refer to the iShares U.S. Treasury Bond (GOVT) ETF: Dividend Yield page.

Capital Growth as of Feb 29, 2024

An investment of 1$, since March 2014, now would be worth 1.09$, with a total return of 8.65% (0.83% annualized).

The Inflation Adjusted Capital now would be 0.83$, with a net total return of -17.36% (-1.89% annualized).
An investment of 1$, since January 2013, now would be worth 1.08$, with a total return of 7.54% (0.65% annualized).

The Inflation Adjusted Capital now would be 0.80$, with a net total return of -19.71% (-1.95% annualized).

Investment Metrics as of Feb 29, 2024

Metrics of iShares U.S. Treasury Bond (GOVT) 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 U.S. TREASURY BOND (GOVT) ETF
Advanced Metrics
Data Source: 1 January 2013 - 29 February 2024 (~11 years)
Swipe left to see all data
Metrics as of Feb 29, 2024
1M 3M 6M 1Y 3Y 5Y 10Y MAX
(~11Y)
Investment Return (%) -1.30 1.73 1.65 2.27 -3.53 0.06 0.83 0.65
Infl. Adjusted Return (%) details -1.30 1.18 0.50 -0.43 -8.57 -3.88 -1.89 -1.95
US Inflation (%) 0.00 0.54 1.14 2.71 5.52 4.10 2.77 2.65
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 MAX
Deepest Drawdown Depth (%) -6.01 -15.95 -18.60 -18.60 -18.60
Start to Recovery (# months) details 8 31* 43* 43* 43*
Start (yyyy mm) 2023 05 2021 08 2020 08 2020 08 2020 08
Start to Bottom (# months) 6 27 39 39 39
Bottom (yyyy mm) 2023 10 2023 10 2023 10 2023 10 2023 10
Bottom to End (# months) 2 4 4 4 4
End (yyyy mm) 2023 12 - - - -
Longest Drawdown Depth (%)
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
Start to Bottom (# months) 6 27 39 39 39
Bottom (yyyy mm) 2023 10 2023 10 2023 10 2023 10 2023 10
Bottom to End (# months) 2 4 4 4 4
End (yyyy mm) 2023 12 - - - -
Longest negative period (# months) details 11* 36* 59* 107 107
Period Start (yyyy mm) 2023 04 2021 03 2019 04 2014 12 2014 12
Period End (yyyy mm) 2024 02 2024 02 2024 02 2023 10 2023 10
Annualized Return (%) -0.67 -3.53 -0.34 -0.01 -0.01
Drawdowns / Negative periods marked with * are in progress
Deepest Drawdown Depth (%) -7.39 -26.90 -31.60 -31.60 -31.60
Start to Recovery (# months) details 10* 36* 43* 43* 43*
Start (yyyy mm) 2023 05 2021 03 2020 08 2020 08 2020 08
Start to Bottom (# months) 6 32 39 39 39
Bottom (yyyy mm) 2023 10 2023 10 2023 10 2023 10 2023 10
Bottom to End (# months) 4 4 4 4 4
End (yyyy mm) - - - - -
Longest Drawdown Depth (%)
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 03 2020 08 2020 08 2020 08
Start to Bottom (# months) 6 32 39 39 39
Bottom (yyyy mm) 2023 10 2023 10 2023 10 2023 10 2023 10
Bottom to End (# months) 4 4 4 4 4
End (yyyy mm) - - - - -
Longest negative period (# months) details 12* 36* 60* 120* 134*
Period Start (yyyy mm) 2023 03 2021 03 2019 03 2014 03 2013 01
Period End (yyyy mm) 2024 02 2024 02 2024 02 2024 02 2024 02
Annualized Return (%) -0.43 -8.57 -3.88 -1.89 -1.95
Drawdowns / Negative periods marked with * are in progress
RISK INDICATORS
1Y 3Y 5Y 10Y MAX
Standard Deviation (%) 6.43 6.23 5.88 4.76 4.59
Sharpe Ratio -0.45 -0.95 -0.30 -0.07 -0.73
Sortino Ratio -0.78 -1.42 -0.45 -0.11 -1.07
Ulcer Index 2.57 9.71 9.52 7.00 6.67
Ratio: Return / Standard Deviation 0.35 -0.57 0.01 0.17 0.14
Ratio: Return / Deepest Drawdown 0.38 -0.22 0.00 0.04 0.04
% Positive Months details 33% 38% 45% 46% 47%
Positive Months 4 14 27 56 63
Negative Months 8 22 33 64 71
LONG TERM RETURNS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y MAX
Best 10 Years Return (%) - Annualized 0.83 1.14
Worst 10 Years Return (%) - Annualized 0.37
Best 10 Years Return (%) - Annualized -1.89 -1.60
Worst 10 Years Return (%) - Annualized -2.35
ROLLING PERIODS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y MAX
Over the latest 10Y
Best Rolling Return (%) - Annualized 13.96 5.77 4.00 0.83
Worst Rolling Return (%) - Annualized -14.21 -5.98 -0.57
% Positive Periods 51% 72% 90% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 88.03 27.52 19.28 9.98
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 13.57 3.95 2.37 -1.89
Worst Rolling Return (%) - Annualized -20.38 -11.07 -4.25
% Positive Periods 43% 44% 47% 0%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 88.03 27.52 19.28 9.98
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - -
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Over all the available data source (Jan 2013 - Feb 2024)
Best Rolling Return (%) - Annualized 13.96 5.77 4.00 1.14
Worst Rolling Return (%) - Annualized -14.21 -5.98 -0.57 0.37
% Positive Periods 52% 76% 92% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 88.03 27.52 19.28 9.79
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 13.57 3.95 2.37 -1.60
Worst Rolling Return (%) - Annualized -20.38 -11.07 -4.25 -2.35
% Positive Periods 43% 52% 42% 0%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 88.03 27.52 19.28 9.79
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 U.S. Treasury Bond (GOVT) ETF vs the main Asset Classes, over different timeframes. Columns are sortable (click on table header to sort).

ISHARES U.S. TREASURY BOND (GOVT) ETF
Monthly correlations as of 29 February 2024
Swipe left to see all data
Correlation vs GOVT
Asset Class 1 Year 5 Years 10 Years Since
Jan 2013
VTI
US Total Stock Market
0.61
0.20
0.10
0.09
SPY
US Large Cap
0.63
0.22
0.11
0.10
IJR
US Small Cap
0.46
0.05
-0.03
-0.03
VNQ
US REITs
0.67
0.34
0.38
0.39
QQQ
US Technology
0.65
0.35
0.22
0.21
PFF
Preferred Stocks
0.45
0.33
0.34
0.35
EFA
EAFE Stocks
0.72
0.25
0.15
0.16
VT
World All Countries
0.65
0.22
0.12
0.12
EEM
Emerging Markets
0.53
0.22
0.16
0.17
VGK
Europe
0.72
0.24
0.15
0.14
VPL
Pacific
0.69
0.26
0.16
0.17
FLLA
Latin America
0.55
-0.04
-0.04
-0.02
BND
US Total Bond Market
0.99
0.89
0.90
0.90
TLT
Long Term Treasuries
0.96
0.95
0.94
0.94
BIL
US Cash
0.10
0.14
0.10
0.10
TIP
TIPS
0.97
0.74
0.75
0.74
LQD
Invest. Grade Bonds
0.96
0.76
0.75
0.76
HYG
High Yield Bonds
0.87
0.34
0.27
0.29
CWB
US Convertible Bonds
0.58
0.18
0.12
0.12
BNDX
International Bonds
0.97
0.76
0.76
0.76
EMB
Emerg. Market Bonds
0.80
0.41
0.42
0.44
GLD
Gold
0.49
0.42
0.44
0.41
DBC
Commodities
-0.21
-0.34
-0.31
-0.31

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 U.S. TREASURY BOND (GOVT) ETF
Drawdown periods
Drawdown periods - Inflation Adjusted
Data Source: 1 March 2014 - 29 February 2024 (10 Years)
Data Source: 1 January 2013 - 29 February 2024 (~11 years)
Inflation Adjusted:
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-18.60% Aug 2020 Oct 2023 39 in progress 4 43 11.21
-4.69% Aug 2016 Dec 2016 5 Mar 2019 27 32 3.29
-2.92% Feb 2015 Jun 2015 5 Jan 2016 7 12 1.70
-1.68% Sep 2019 Dec 2019 4 Jan 2020 1 5 0.95
-0.66% Sep 2014 Sep 2014 1 Oct 2014 1 2 0.38
-0.41% Apr 2019 Apr 2019 1 May 2019 1 2 0.24
-0.40% Mar 2014 Mar 2014 1 Apr 2014 1 2 0.23
-0.29% Jun 2014 Jul 2014 2 Aug 2014 1 3 0.17
-0.23% Apr 2016 Apr 2016 1 Jun 2016 2 3 0.13
-0.15% Dec 2014 Dec 2014 1 Jan 2015 1 2 0.08
-0.13% May 2020 May 2020 1 Jul 2020 2 3 0.07
-0.03% Jul 2019 Jul 2019 1 Aug 2019 1 2 0.02
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 21 5.8 Months 17.36%
 
DD = 0% 17.36%
 
0% < DD <= -5% 71 1.7 Months 58.68%
 
DD <= -5% 76.03%
 
-5% < DD <= -10% 6 20.2 Months 4.96%
 
DD <= -10% 80.99%
 
-10% < DD <= -15% 12 10.1 Months 9.92%
 
DD <= -15% 90.91%
 
-15% < DD <= -20% 11 11.0 Months 9.09%
 
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
-31.60% Aug 2020 Oct 2023 39 in progress 4 43 20.53
-9.42% Aug 2016 Oct 2018 27 Feb 2020 16 43 5.57
-4.10% Feb 2015 Jun 2015 5 Jun 2016 12 17 2.29
-0.67% Sep 2014 Sep 2014 1 Oct 2014 1 2 0.39
-0.61% Mar 2014 Mar 2014 1 May 2014 2 3 0.30
-0.53% Jun 2014 Jul 2014 2 Aug 2014 1 3 0.31
-0.36% May 2020 Jun 2020 2 Jul 2020 1 3 0.18
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 13 9.3 Months 10.74%
 
DD = 0% 10.74%
 
0% < DD <= -5% 46 2.6 Months 38.02%
 
DD <= -5% 48.76%
 
-5% < DD <= -10% 33 3.7 Months 27.27%
 
DD <= -10% 76.03%
 
-10% < DD <= -15% 4 30.3 Months 3.31%
 
DD <= -15% 79.34%
 
-15% < DD <= -20% 2 60.5 Months 1.65%
 
DD <= -20% 80.99%
 
-20% < DD <= -25% 5 24.2 Months 4.13%
 
DD <= -25% 85.12%
 
-25% < DD <= -30% 16 7.6 Months 13.22%
 
DD <= -30% 98.35%
 
-30% < DD <= -35% 2 60.5 Months 1.65%
 
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
-18.60% Aug 2020 Oct 2023 39 in progress 4 43 11.21
-4.69% Aug 2016 Dec 2016 5 Mar 2019 27 32 3.29
-3.46% May 2013 Aug 2013 4 Aug 2014 12 16 2.17
-2.92% Feb 2015 Jun 2015 5 Jan 2016 7 12 1.70
-1.68% Sep 2019 Dec 2019 4 Jan 2020 1 5 0.95
-0.66% Sep 2014 Sep 2014 1 Oct 2014 1 2 0.38
-0.60% Jan 2013 Jan 2013 1 Mar 2013 2 3 0.30
-0.41% Apr 2019 Apr 2019 1 May 2019 1 2 0.24
-0.23% Apr 2016 Apr 2016 1 Jun 2016 2 3 0.13
-0.15% Dec 2014 Dec 2014 1 Jan 2015 1 2 0.08
-0.13% May 2020 May 2020 1 Jul 2020 2 3 0.07
-0.03% Jul 2019 Jul 2019 1 Aug 2019 1 2 0.02
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 21 6.4 Months 15.56%
 
DD = 0% 15.56%
 
0% < DD <= -5% 85 1.6 Months 62.96%
 
DD <= -5% 78.52%
 
-5% < DD <= -10% 6 22.5 Months 4.44%
 
DD <= -10% 82.96%
 
-10% < DD <= -15% 12 11.3 Months 8.89%
 
DD <= -15% 91.85%
 
-15% < DD <= -20% 11 12.3 Months 8.15%
 
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
-31.60% Aug 2020 Oct 2023 39 in progress 4 43 20.53
-9.42% Aug 2016 Oct 2018 27 Feb 2020 16 43 5.57
-4.55% May 2013 Dec 2013 8 Jan 2015 13 21 3.00
-4.10% Feb 2015 Jun 2015 5 Jun 2016 12 17 2.29
-0.86% Jan 2013 Feb 2013 2 Apr 2013 2 4 0.55
-0.36% May 2020 Jun 2020 2 Jul 2020 1 3 0.18
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 9 15.0 Months 6.67%
 
DD = 0% 6.67%
 
0% < DD <= -5% 64 2.1 Months 47.41%
 
DD <= -5% 54.07%
 
-5% < DD <= -10% 33 4.1 Months 24.44%
 
DD <= -10% 78.52%
 
-10% < DD <= -15% 4 33.8 Months 2.96%
 
DD <= -15% 81.48%
 
-15% < DD <= -20% 2 67.5 Months 1.48%
 
DD <= -20% 82.96%
 
-20% < DD <= -25% 5 27.0 Months 3.70%
 
DD <= -25% 86.67%
 
-25% < DD <= -30% 16 8.4 Months 11.85%
 
DD <= -30% 98.52%
 
-30% < DD <= -35% 2 67.5 Months 1.48%
 
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%
 

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 U.S. TREASURY BOND (GOVT) ETF
Annualized Rolling Returns
Annualized Rolling Returns - Inflation Adjusted
Data Source: 1 March 2014 - 29 February 2024 (10 Years)
Data Source: 1 January 2013 - 29 February 2024 (~11 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 -14.21 11/2021
10/2022
0.85$ -3.94 0.96$ 0.20 1.00$ 7.06 1.07$ 13.96 05/2019
04/2020
1.13$ 2.27 48.62%
2Y -8.46 11/2020
10/2022
0.83$ -5.85 0.88$ 1.41 1.02$ 4.48 1.09$ 9.57 08/2018
07/2020
1.20$ -4.18 37.11%
3Y -5.98 11/2020
10/2023
0.83$ -3.68 0.89$ 1.21 1.03$ 4.86 1.15$ 5.77 08/2017
07/2020
1.18$ -3.53 27.06%
5Y -0.57 11/2017
10/2022
0.97$ 0.16 1.00$ 2.18 1.11$ 3.46 1.18$ 4.00 08/2015
07/2020
1.21$ 0.06 9.84%
7Y -0.66 11/2016
10/2023
0.95$ -0.14 0.99$ 0.71 1.05$ 2.60 1.19$ 2.85 08/2014
07/2021
1.21$ 0.40 18.92%
10Y 0.83 03/2014
02/2024
1.08$ 0.83 1.08$ 0.83 1.08$ 0.83 1.08$ 0.83 03/2014
02/2024
1.08$ 0.83 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 -20.38 11/2021
10/2022
0.79$ -8.52 0.91$ -1.81 0.98$ 5.37 1.05$ 13.57 05/2019
04/2020
1.13$ -0.43 56.88%
2Y -14.44 11/2020
10/2022
0.73$ -11.33 0.78$ -0.66 0.98$ 3.55 1.07$ 8.03 08/2018
07/2020
1.16$ -8.15 58.76%
3Y -11.07 11/2020
10/2023
0.70$ -8.57 0.76$ -0.81 0.97$ 2.40 1.07$ 3.95 05/2017
04/2020
1.12$ -8.57 55.29%
5Y -4.25 11/2017
10/2022
0.80$ -3.73 0.82$ -0.21 0.98$ 1.55 1.07$ 2.37 07/2015
06/2020
1.12$ -3.88 52.46%
7Y -4.03 10/2016
09/2023
0.74$ -3.50 0.77$ -2.37 0.84$ 0.65 1.04$ 1.12 03/2014
02/2021
1.08$ -2.96 72.97%
10Y -1.89 03/2014
02/2024
0.82$ -1.89 0.82$ -1.89 0.82$ -1.89 0.82$ -1.89 03/2014
02/2024
0.82$ -1.89 100.00%
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 -14.21 11/2021
10/2022
0.85$ -3.33 0.96$ 0.52 1.00$ 6.64 1.06$ 13.96 05/2019
04/2020
1.13$ 2.27 47.15%
2Y -8.46 11/2020
10/2022
0.83$ -5.77 0.88$ 1.68 1.03$ 4.20 1.08$ 9.57 08/2018
07/2020
1.20$ -4.18 32.43%
3Y -5.98 11/2020
10/2023
0.83$ -3.25 0.90$ 1.85 1.05$ 4.82 1.15$ 5.77 08/2017
07/2020
1.18$ -3.53 23.23%
5Y -0.57 11/2017
10/2022
0.97$ 0.22 1.01$ 1.72 1.08$ 3.05 1.16$ 4.00 08/2015
07/2020
1.21$ 0.06 8.00%
7Y -0.66 11/2016
10/2023
0.95$ 0.05 1.00$ 1.81 1.13$ 3.08 1.23$ 3.62 08/2013
07/2020
1.28$ 0.40 13.73%
10Y 0.37 11/2013
10/2023
1.03$ 0.49 1.04$ 0.81 1.08$ 0.84 1.08$ 1.14 01/2014
12/2023
1.11$ 0.83 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 -20.38 11/2021
10/2022
0.79$ -8.25 0.91$ -1.60 0.98$ 5.30 1.05$ 13.57 05/2019
04/2020
1.13$ -0.43 56.10%
2Y -14.44 11/2020
10/2022
0.73$ -10.99 0.79$ -0.25 0.99$ 3.19 1.06$ 8.03 08/2018
07/2020
1.16$ -8.15 52.25%
3Y -11.07 11/2020
10/2023
0.70$ -7.81 0.78$ 0.20 1.00$ 2.40 1.07$ 3.95 05/2017
04/2020
1.12$ -8.57 47.47%
5Y -4.25 11/2017
10/2022
0.80$ -3.50 0.83$ -0.23 0.98$ 1.24 1.06$ 2.37 07/2015
06/2020
1.12$ -3.88 57.33%
7Y -4.03 10/2016
09/2023
0.74$ -3.15 0.79$ -0.91 0.93$ 1.55 1.11$ 2.09 08/2013
07/2020
1.15$ -2.96 52.94%
10Y -2.35 11/2013
10/2023
0.78$ -2.20 0.80$ -1.86 0.82$ -1.77 0.83$ -1.60 01/2014
12/2023
0.85$ -1.89 100.00%
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 U.S. Treasury Bond (GOVT) ETF: Rolling Returns page.

Seasonality

In which months is it better to invest in iShares U.S. Treasury Bond (GOVT) 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
0.39
40%
-0.78
20%
0.66
60%
-0.38
60%
0.29
60%
0.03
60%
0.72
60%
-0.21
20%
-1.46
20%
-0.74
20%
1.40
80%
0.30
40%
Best 2.7
2023
2.5
2020
3.1
2020
0.7
2021
2.4
2019
0.9
2021
1.6
2022
3.3
2019
0.3
2020
0.0
2019
3.5
2023
3.2
2023
Worst -2.6
2022
-2.4
2023
-3.2
2022
-2.9
2022
-1.1
2023
-0.8
2022
-0.3
2023
-2.6
2022
-3.4
2022
-1.3
2022
-0.3
2019
-0.8
2020
Monthly Seasonality over the period Feb 2013 - 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
0.71
60%
-0.53
30%
0.43
60%
-0.20
50%
0.34
70%
0.15
50%
0.47
60%
0.11
40%
-0.89
20%
-0.47
20%
0.54
60%
0.28
40%
Best 2.9
2015
2.5
2020
3.1
2020
0.8
2014
2.4
2019
2.2
2016
1.6
2022
3.3
2019
0.9
2015
1.0
2014
3.5
2023
3.2
2023
Worst -2.6
2022
-2.4
2023
-3.2
2022
-2.9
2022
-1.1
2023
-0.9
2015
-0.5
2018
-2.6
2022
-3.4
2022
-1.3
2022
-2.9
2016
-0.8
2020
Monthly Seasonality over the period Feb 2013 - 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
0.64
58%
-0.37
42%
0.41
64%
-0.11
55%
0.15
64%
0.04
45%
0.41
55%
0.06
36%
-0.73
27%
-0.40
27%
0.47
55%
0.18
36%
Best 2.9
2015
2.5
2020
3.1
2020
0.8
2013
2.4
2019
2.2
2016
1.6
2022
3.3
2019
0.9
2015
1.0
2014
3.5
2023
3.2
2023
Worst -2.6
2022
-2.4
2023
-3.2
2022
-2.9
2022
-1.7
2013
-1.1
2013
-0.5
2018
-2.6
2022
-3.4
2022
-1.3
2022
-2.9
2016
-0.8
2013
Monthly Seasonality over the period Feb 2013 - Feb 2024

Monthly Returns

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

ISHARES U.S. TREASURY BOND (GOVT) ETF
Monthly Returns Distribution
Data Source: 1 March 2014 - 29 February 2024 (10 Years)
Data Source: 1 January 2013 - 29 February 2024 (~11 years)
56 Positive Months (47%) - 64 Negative Months (53%)
63 Positive Months (47%) - 71 Negative Months (53%)
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(Scroll down to see all data)
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