Invesco Equal Weight 0-30 Years Treasury ETF (GOVI)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

The chart shows the growth of an initial investment of $10,000 in Invesco Equal Weight 0-30 Years Treasury ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Invesco Equal Weight 0-30 Years Treasury ETF (GOVI) has returned -0.06% so far this year and 1.84% over the past 12 months. Over the last ten years, GOVI has returned 0.10% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Oct 11, 2007, GOVI's average daily return is +0.01%, while the average monthly return is +0.28%. At this rate, your investment would double in approximately 20.7 years.

Historically, 54% of months were positive and 46% were negative. The best month was Nov 2008 with a return of +10.0%, while the worst month was Jan 2009 at -7.3%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 7 months.

On a daily basis, GOVI closed higher 52% of trading days. The best single day was Mar 18, 2009 with a return of +4.6%, while the worst single day was Mar 18, 2020 at -4.2%.

Invesco Equal Weight 0-30 Years Treasury ETF has an annualized alpha of 4.99%, beta of -0.15, and R² of 0.09 versus S&P 500 Index. Calculated based on daily prices since October 12, 2007.

• This ETF captured 3.88% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -13.28%) — a profile typical of hedging or uncorrelated assets.
• Beta of -0.15 may look defensive, but with R² of 0.09 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 0.09 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.

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

GOVI ranks 18 for risk / return — in the bottom 18% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

The table below present risk-adjusted performance metrics for Invesco Equal Weight 0-30 Years Treasury ETF (GOVI) and compare them to a chosen benchmark (S&P 500 Index).

Invesco Equal Weight 0-30 Years Treasury ETF provided a 3.81% dividend yield over the last twelve months, with an annual payout of $1.04 per share. The fund has been increasing its distributions for 5 consecutive years.

The table displays the monthly dividend distributions for Invesco Equal Weight 0-30 Years Treasury 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 Invesco Equal Weight 0-30 Years Treasury 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 Invesco Equal Weight 0-30 Years Treasury ETF was 32.70%, occurring on Oct 19, 2023. The portfolio has not yet recovered.

The current Invesco Equal Weight 0-30 Years Treasury ETF drawdown is 22.00%.

The chart below shows the rolling one-month volatility.