TROT Alternatives & Similar ETFs

Invesco MSCI Treasury Duration Rotation ETF (TROT) belongs to the Government Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with TROT. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to TROT

Among 84 ETFs in the Government Bonds category with expense-ratio data, the lowest-cost alternatives shown here go as low as 0.03%.

Symbol	Name	Expense Ratio	AUM	Inception
SPTL	SPDR Portfolio Long Term Treasury ETF	0.03%	10.57B	May 2007	TROT vs SPTL
XHLF	BondBloxx Bloomberg Six Month Target Duration US T...	0.03%	1.94B	Sep 2022	TROT vs XHLF
VGLT	Vanguard Long-Term Treasury ETF	0.03%	15.20B	Nov 2009	TROT vs VGLT
SCHO	Schwab Short-Term U.S. Treasury ETF	0.03%	12.74B	Aug 2010	TROT vs SCHO
VGIT	Vanguard Intermediate-Term Treasury ETF	0.03%	50.40B	Nov 2009	TROT vs VGIT

Best Risk-Adjusted Alternatives to TROT

Among 76 ETFs in the Government Bonds category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 100.

Symbol	Name	Risk / Return Rank	AUM	Inception
BIL	SPDR Bloomberg 1-3 Month T-Bill ETF	100	46.78B	May 2007	TROT vs BIL
GBIL	Goldman Sachs Access Treasury 0-1 Year ETF	100	7.67B	Sep 2016	TROT vs GBIL
SHV	iShares 0-1 Year Treasury Bond ETF	100	20.70B	Jan 2007	TROT vs SHV
USFR	WisdomTree Floating Rate Treasury Fund	100	18.14B	Feb 2014	TROT vs USFR
TFLO	iShares Treasury Floating Rate Bond ETF	100	6.54B	Feb 2014	TROT vs TFLO

Top Performing TROT Alternatives (YTD)

Among 78 ETFs in the Government Bonds category with YTD return data, the top-performing alternatives shown here go as high as 3.21%.

Symbol	Name	YTD Return	AUM	Inception
BNDD	Quadratic Deflation ETF	3.21%	59.61M	Sep 2021	TROT vs BNDD
BUCK	Simplify Treasury Option Income ETF	2.27%	480.67M	Oct 2022	TROT vs BUCK
USFR	WisdomTree Floating Rate Treasury Fund	2.13%	18.14B	Feb 2014	TROT vs USFR
GGOV	iShares Global Government Bond USD Hedged Active E...	2.12%	2.93B	Jun 2025	TROT vs GGOV
TFLO	iShares Treasury Floating Rate Bond ETF	2.10%	6.54B	Feb 2014	TROT vs TFLO

Lowest Volatility Alternatives to TROT

TROT has 2.05% 1-year volatility. There are 26 ETFs in the Government Bonds category with lower 1-year volatility, going as low as 0.20%.

Symbol	Name	Volatility 1Y	AUM	Inception
BIL	SPDR Bloomberg 1-3 Month T-Bill ETF	0.20%	46.78B	May 2007	TROT vs BIL
SHV	iShares 0-1 Year Treasury Bond ETF	0.21%	20.70B	Jan 2007	TROT vs SHV
GBIL	Goldman Sachs Access Treasury 0-1 Year ETF	0.23%	7.67B	Sep 2016	TROT vs GBIL
USFR	WisdomTree Floating Rate Treasury Fund	0.27%	18.14B	Feb 2014	TROT vs USFR
TFLO	iShares Treasury Floating Rate Bond ETF	0.29%	6.54B	Feb 2014	TROT vs TFLO

Lowest Drawdown Alternatives to TROT

Among 76 ETFs in the Government Bonds category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -0.01%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
BIL	SPDR Bloomberg 1-3 Month T-Bill ETF	-0.01%	46.78B	May 2007	TROT vs BIL
TFLO	iShares Treasury Floating Rate Bond ETF	-0.02%	6.54B	Feb 2014	TROT vs TFLO
GBIL	Goldman Sachs Access Treasury 0-1 Year ETF	-0.02%	7.67B	Sep 2016	TROT vs GBIL
USFR	WisdomTree Floating Rate Treasury Fund	-0.02%	18.14B	Feb 2014	TROT vs USFR
SHV	iShares 0-1 Year Treasury Bond ETF	-0.03%	20.70B	Jan 2007	TROT vs SHV

Other ETFs from Invesco

The 10 most viewed Invesco ETFs shown here include QQQ, SPMO, QQQM and span 11 categories. AUM among these funds goes as high as $466B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
QQQ	Invesco QQQ ETF	Nasdaq-100	51	13.58%	465.90B	Mar 1999	TROT vs QQQ
SPMO	Invesco S&P 500 Momentum ETF	Momentum, S&P 500	51	21.65%	20.86B	Oct 2015	TROT vs SPMO
QQQM	Invesco NASDAQ 100 ETF	Nasdaq-100	52	13.60%	97.49B	Oct 2020	TROT vs QQQM
RSP	Invesco S&P 500 Equal Weight ETF	S&P 500, Equal Weight	59	11.80%	96.07B	Apr 2003	TROT vs RSP
SOXQ	Invesco PHLX Semiconductor ETF	Semiconductors, Technology Equities	90	66.02%	2.39B	Jun 2021	TROT vs SOXQ
SPHQ	Invesco S&P 500 Quality ETF	S&P 500, Large Cap Blend Equities	58	13.32%	19.40B	Dec 2005	TROT vs SPHQ
XLG	Invesco S&P 500 Top 50 ETF	S&P 500	36	2.78%	10.61B	May 2005	TROT vs XLG
SPHD	Invesco S&P 500® High Dividend Low Volatility ETF	Dividend, S&P 500, Large Cap Value Equities	44	12.37%	3.36B	Oct 2012	TROT vs SPHD
XMMO	Invesco S&P MidCap Momentum ETF	Momentum, Mid Cap Growth Equities	42	13.17%	7.22B	Mar 2005	TROT vs XMMO
IDMO	Invesco S&P International Developed Momentum ETF	Momentum, Foreign Large Cap Equities	41	6.72%	3.95B	Feb 2012	TROT vs IDMO

Often Compared With TROT

Investors most often compare TROT with VGSH, PPA, SCHQ. These 7 comparison targets span 6 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VGSH	Vanguard Short-Term Treasury ETF	Government Bonds, Short-Term Bond	90	0.76%	33.80B	Nov 2009	TROT vs VGSH
PPA	Invesco Aerospace & Defense ETF	Aerospace & Defense, Industrials Equities	27	7.26%	7.95B	Oct 2005	TROT vs PPA
SCHQ	Schwab Long-Term U.S. Treasury ETF	Government Bonds, Long-Term Bond	17	-1.44%	802.73M	Oct 2019	TROT vs SCHQ
VTG	Vanguard Total Treasury ETF	Government Bonds	28	-0.26%	146.70M	Jul 2025	TROT vs VTG
SPTS	SPDR Portfolio Short Term Treasury ETF	Government Bonds, Short-Term Bond	91	0.75%	6.08B	Nov 2011	TROT vs SPTS
SPTB	State Street SPDR Portfolio Treasury ETF	Government Bonds	29	-0.10%	283.27M	May 2024	TROT vs SPTB
XONE	BondBloxx Bloomberg One Year Target Duration US Tr...	Government Bonds, Ultrashort Bond	99	1.49%	784.18M	Sep 2022	TROT vs XONE

Compare TROT with Any Fund or Stock

Compare TROT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair TROT with funds that move differently

Invesco MSCI Treasury Duration Rotation ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TROT.

Explore TROT Diversifiers

Invesco MSCI Treasury Duration Rotation ETF (TROT) Alternatives