iShares GNMA Bond ETF (GNMA)

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The chart shows the growth of an initial investment of $10,000 in iShares GNMA Bond ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

iShares GNMA Bond ETF (GNMA) has returned 0.22% so far this year and 5.33% over the past 12 months. Over the last ten years, GNMA has returned 1.24% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Feb 21, 2012, GNMA's average daily return is +0.01%, while the average monthly return is +0.12%. At this rate, your investment would double in approximately 48.2 years.

Historically, 56% of months were positive and 44% were negative. The best month was Nov 2023 with a return of +5.3%, while the worst month was Sep 2022 at -5.1%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 9 months.

On a daily basis, GNMA closed higher 50% of trading days. The best single day was Nov 10, 2022 with a return of +2.5%, while the worst single day was Aug 16, 2012 at -3.7%.

iShares GNMA Bond ETF has an annualized alpha of 1.22%, beta of 0.02, and R² of 0.01 versus S&P 500 Index. Calculated based on daily prices since February 22, 2012.

• This ETF participated in 13.09% of S&P 500 Index downside but only 9.70% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.02 may look defensive, but with R² of 0.01 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R² of 0.01 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

GNMA has an expense ratio of 0.15%, which is considered low.

GNMA ranks 60 for risk / return — better than 60% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for iShares GNMA Bond ETF (GNMA) and compare them to a chosen benchmark (S&P 500 Index).

iShares GNMA Bond ETF provided a 4.21% dividend yield over the last twelve months, with an annual payout of $1.87 per share. The fund has been increasing its distributions for 4 consecutive years.

The table displays the monthly dividend distributions for iShares GNMA Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the iShares GNMA Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the iShares GNMA Bond ETF was 17.09%, occurring on Oct 20, 2022. Recovery took 757 trading sessions.

The current iShares GNMA Bond ETF drawdown is 1.75%.

The chart below shows the rolling one-month volatility.