CPIIvsGOVTETF Comparison

ETF 1

CPII

American Beacon Ionic Inflation Protection ETF

This fund is part of

Inflation-linked Bonds

+0.21%

Full CPII fund page

ETF 2

GOVT

iShares U.S. Treasury Bond ETF

This fund is part of

US Government Bonds

+0.07%

Full GOVT fund page

American Beacon Ionic Inflation Protection ETF (CPII) belongs to the Inflation-linked Bonds segment. iShares U.S. Treasury Bond ETF (GOVT) is part of the US Government Bonds segment. CPII's top 1 sector exposures are Sovereign. In contrast, GOVT's top sector exposures are Sovereign and Non-Corporate. CPII is more expensive with a Total Expense Ratio (TER) of 0.7%, versus 0.05% for GOVT. CPII is up 3.9% year-to-date (YTD) with +$970K in YTD flows. GOVT performs worse with -1.41% YTD performance, and +$10.59B in YTD flows. Run a side-by-side ETF comparison of CPII and GOVT below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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CPII vs GOVT performance and flow charts

Performance

Cumulative Flows

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Data Services

Historic performance and flows

Data as of 10/16/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	CPII GOVT	+0.69%+0.16%	+1.22%-1.39%	+3.90%-1.41%	+3.46%-1.80%	n/a+11.75%	n/a-3.89%
Flows	CPII GOVT	-+$926M	--$389M	+$970K+$10.59B	+$970K+$14.11B	-+$19.43B	-+$31.18B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	CPII GOVT	+2.71%+3.83%	+2.72%+3.56%	n/a+4.67%	n/a+5.68%
Max drawdown	CPII GOVT	-0.95%-2.85%	-1.86%-4.44%	n/a-4.87%	n/a-16.15%
Max drawdown duration	CPII GOVT	22d52d	114d229d	n/a318d	n/a1776d

Trading data

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	CPII	GOVT
Last sale 10/16/2026 at 1:30 PM	$19.12	$22.08
Previous close 10/15/2026	$19.11	$22.05
Consolidated volume 10/15/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of October 17, 2026

1-year trailing difference

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CPII

is actively managed and doesn’t replicate an index

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	CPII	GOVT
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/16/2026 at 1:30 PM

Live

Closed

	CPII	GOVT
Last price	$19.12	$22.08
1D performance	+0.05%	+0.14%
AuM	$11.41 M	$42.35 B
E/R	0.7%	0.05%

Characteristics

	CPII	GOVT
Management strategy	Active	Passive
Provider	American Beacon	iShares
Benchmark	-	ICE US Treasury Core Bond Index
N° of holdings	8	218
Asset class	-	Bonds
Trailing 12m distribution yield	Join	Join
Inception date	June 28, 2022	February 14, 2012
ESG	No	No

More CPII data on Trackinsight

More GOVT data on Trackinsight

Exposure

Countries

CPII

USA

99.45%

Other

0.55%

GOVT

USA

99.58%

Other

0.42%

Sectors

CPII

Sovereign

99.45%

Other

0.55%

GOVT

Sovereign

98.85%

Other

1.15%

Diversification

CPII

Total weight of top 8 holdings out of 8

99.45%

GOVT

Total weight of top 15 holdings out of 15

26.71%

Top 15 holdings

Data as of August 31, 2026

CPII

USA, TIPS 0.375% 15jul2027, USD (D-2027)

13.61%

USA, TIPS 0.125% 15apr2027, USD (X-2027)

13.51%

USA, TIPS 1.625% 15oct2027, USD (AE-2027)

12.77%

USA, TIPS 1.25% 15apr2028, USD (X-2028)

12.75%

USA, TIPS 0.75% 15jul2028, USD (D-2028)

12.13%

USA, TIPS 0.125% 15oct2026, USD (AE-2026)

12.09%

USA, TIPS 0.375% 15jan2027, USD (A-2027)

12.04%

USA, TIPS 0.5% 15jan2028, USD (A-2028)

10.54%

GOVT

USA, Notes 1.375% 15nov2031, USD (F-2031)

5.28%

USA, Notes 2.625% 15feb2029, USD (B-2029)

2.96%

USA, Notes 3.125% 15nov2028, USD (F-2028)

2.10%

USA, Notes 2.75% 15feb2028, USD (B-2028)

1.93%

USA, Notes 2.875% 15may2028, USD (C-2028)

1.63%

USA, Bonds 2.5% 15may2046, USD

1.51%

USA, Bonds 2.75% 15nov2042, USD

1.49%

USA, Bonds 6.125% 15nov2027, USD

1.40%

USA, Bonds 3.75% 15nov2043, USD

1.39%

USA, Notes 2.25% 15nov2027, USD (F-2027)

1.37%

USA, Bonds 1.875% 15feb2051, USD

1.34%

USA, Notes 4% 31may2028, USD (BC-2028)

1.21%

USA, Notes 2.375% 15may2029, USD (C-2029)

1.08%

USA, Notes 4% 31may2030, USD (Z-2030)

1.02%

USA, Notes 3.875% 31mar2028, USD (AZ-2028)

0.99%

Frequently asked questions about CPII and GOVT

How have the CPII and GOVT ETFs performed in 2026?

As of October 16, 2026, CPII is up 3.9% year-to-date (YTD), while GOVT has lost -1.41%. That puts CPII better performer ahead so far this year.

Which ETF is attracting more investor money: CPII or GOVT?

Year-to-date, the CPII ETF saw +$970K in flows, compared to +$10.59B for GOVT.

Which ETF is more volatile: CPII or GOVT?

Over the past year, CPII had a volatility of 2.72%, while GOVT experienced 3.56%.

Which ETF is bigger: CPII or GOVT?

As of October 16, 2026, CPII holds $11.41 M in assets under management (AUM), while GOVT manages $42.35 B.

What sectors do the CPII and GOVT ETFs invest in?

CPII leans toward sectors like Sovereign. Meanwhile, GOVT focuses on Sovereign.

What are the top holdings of the CPII ETF and GOVT ETF?

CPII top holdings include USA, TIPS 0.375% 15jul2027, USD (D-2027), USA, TIPS 0.125% 15apr2027, USD (X-2027) and USA, TIPS 1.625% 15oct2027, USD (AE-2027). GOVT holds in its top three: USA, Notes 1.375% 15nov2031, USD (F-2031), USA, Notes 2.625% 15feb2029, USD (B-2029) and USA, Notes 3.125% 15nov2028, USD (F-2028).

CPIIvsGOVTETF Comparison

American Beacon Ionic Inflation Protection ETF

iShares U.S. Treasury Bond ETF

CPII vs GOVT performance and flow charts

Performance

Cumulative Flows

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Countries

Sectors

Diversification

Top 15 holdings

How have the CPII and GOVT ETFs performed in 2026?

As of October 16, 2026, CPII is up 3.9% year-to-date (YTD), while GOVT has lost -1.41%. That puts CPII better performer ahead so far this year.

Which ETF is attracting more investor money: CPII or GOVT?

Year-to-date, the CPII ETF saw +$970K in flows, compared to +$10.59B for GOVT.

Which ETF is more volatile: CPII or GOVT?

Over the past year, CPII had a volatility of 2.72%, while GOVT experienced 3.56%.

Which ETF is bigger: CPII or GOVT?

As of October 16, 2026, CPII holds $11.41 M in assets under management (AUM), while GOVT manages $42.35 B.

What sectors do the CPII and GOVT ETFs invest in?

CPII leans toward sectors like Sovereign. Meanwhile, GOVT focuses on Sovereign.

What are the top holdings of the CPII ETF and GOVT ETF?

Which ETF is more diversified: CPII or GOVT?

CPII has 8 securities. GOVT has 219 securities and a top 15 weight of 26.71%.

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