Invesco Short Term Treasury ETF (TBLL)
TBLL is a passive ETF by Invesco tracking the investment results of the ICE U.S. Treasury Short Bond Index. TBLL launched on Jan 10, 2017 and has a 0.08% expense ratio.
ETF Info
| Issuer | Invesco |
|---|---|
| Inception Date | Jan 10, 2017 |
| Region | North America (U.S.) |
| Category | Ultrashort Bond |
| Leveraged | 1x |
| Index Tracked | ICE U.S. Treasury Short Bond Index |
| Asset Class | Bond |
Expense Ratio
TBLL has an expense ratio of 0.08%, which is considered low compared to other funds.
Share Price Chart
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Compare to other instruments
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Popular comparisons: TBLL vs. USFR, TBLL vs. VGIT, TBLL vs. SGOV, TBLL vs. CLIP, TBLL vs. VTSPX, TBLL vs. HYGH, TBLL vs. TBIL, TBLL vs. ICSH, TBLL vs. SHV, TBLL vs. SCHO
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Invesco Short Term 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.
Returns By Period
Invesco Short Term Treasury ETF had a return of 4.41% year-to-date (YTD) and 5.27% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 4.41% | 25.70% |
| 1 month | 0.38% | 3.51% |
| 6 months | 2.62% | 14.80% |
| 1 year | 5.27% | 37.91% |
| 5 years (annualized) | 2.31% | 14.18% |
| 10 years (annualized) | N/A | 11.41% |
Monthly Returns
The table below presents the monthly returns of TBLL, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.40% | 0.36% | 0.40% | 0.38% | 0.48% | 0.38% | 0.49% | 0.53% | 0.47% | 0.30% | 4.41% | ||
| 2023 | 0.34% | 0.27% | 0.53% | 0.30% | 0.29% | 0.45% | 0.39% | 0.47% | 0.41% | 0.47% | 0.58% | 0.40% | 5.01% |
| 2022 | -0.05% | -0.03% | 0.01% | 0.02% | 0.04% | 0.06% | 0.05% | 0.11% | 0.09% | 0.12% | 0.31% | 0.38% | 1.11% |
| 2021 | 0.01% | 0.02% | 0.00% | 0.00% | 0.00% | -0.01% | 0.00% | 0.00% | -0.01% | 0.00% | -0.01% | 0.01% | 0.01% |
| 2020 | 0.19% | 0.22% | 0.62% | -0.09% | 0.03% | -0.08% | 0.02% | 0.02% | -0.03% | 0.01% | 0.01% | -0.00% | 0.93% |
| 2019 | 0.26% | 0.22% | 0.15% | 0.21% | 0.24% | 0.25% | 0.18% | 0.22% | 0.14% | 0.26% | 0.11% | 0.11% | 2.36% |
| 2018 | 0.19% | 0.05% | 0.13% | 0.10% | 0.11% | 0.20% | 0.18% | 0.22% | 0.09% | 0.17% | 0.22% | 0.17% | 1.85% |
| 2017 | 0.00% | 0.03% | 0.00% | 0.00% | 0.12% | 0.00% | 0.16% | 0.11% | 0.05% | 0.10% | 0.04% | 0.00% | 0.62% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of TBLL is 99, placing it in the top 1% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Invesco Short Term Treasury ETF (TBLL) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Invesco Short Term Treasury ETF provided a 5.15% dividend yield over the last twelve months, with an annual payout of $5.44 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $5.44 | $4.89 | $1.45 | $0.06 | $0.85 | $2.37 | $1.78 | $0.75 |
Dividend yield | 5.15% | 4.63% | 1.37% | 0.05% | 0.80% | 2.24% | 1.69% | 0.71% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco Short Term Treasury ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.45 | $0.46 | $0.44 | $0.43 | $0.44 | $0.44 | $0.46 | $0.47 | $0.44 | $0.43 | $0.00 | $4.48 | |
| 2023 | $0.32 | $0.32 | $0.37 | $0.37 | $0.40 | $0.39 | $0.43 | $0.44 | $0.43 | $0.45 | $0.47 | $0.49 | $4.89 |
| 2022 | $0.00 | $0.00 | $0.01 | $0.01 | $0.02 | $0.03 | $0.14 | $0.12 | $0.22 | $0.23 | $0.26 | $0.39 | $1.45 |
| 2021 | $0.01 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.06 |
| 2020 | $0.16 | $0.14 | $0.14 | $0.11 | $0.08 | $0.05 | $0.04 | $0.01 | $0.03 | $0.03 | $0.01 | $0.05 | $0.85 |
| 2019 | $0.20 | $0.19 | $0.21 | $0.21 | $0.22 | $0.21 | $0.21 | $0.19 | $0.19 | $0.19 | $0.17 | $0.18 | $2.37 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.99 | $0.19 | $0.16 | $0.17 | $0.28 | $1.78 |
| 2017 | $0.75 | $0.75 |
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco Short Term 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 Short Term Treasury ETF was 0.61%, occurring on Feb 14, 2022. Recovery took 185 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -0.61% | May 12, 2020 | 445 | Feb 14, 2022 | 185 | Nov 8, 2022 | 630 |
| -0.52% | Mar 19, 2020 | 1 | Mar 19, 2020 | 36 | May 11, 2020 | 37 |
| -0.36% | Sep 29, 2023 | 1 | Sep 29, 2023 | 15 | Oct 20, 2023 | 16 |
| -0.18% | Dec 20, 2023 | 1 | Dec 20, 2023 | 1 | Dec 21, 2023 | 2 |
| -0.17% | Apr 2, 2019 | 2 | Apr 3, 2019 | 1 | Apr 4, 2019 | 3 |
Volatility
Volatility Chart
The current Invesco Short Term Treasury ETF volatility is 0.09%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.