GOVTvsIBIIETF Comparison
VS
iShares U.S. Treasury Bond ETF (GOVT) belongs to the US Government Bonds segment. iShares iBonds Oct 2032 Term TIPS ETF (IBII) is part of the Inflation-linked Bonds segment. Both ETFs have the same top 2 sector exposures: Sovereign and Non-Corporate. GOVT is less expensive with a Total Expense Ratio (TER) of 0.05%, versus 0.1% for IBII. GOVT is down -1.4% year-to-date (YTD) with +$9.54B in YTD flows. IBII performs better with -0.27% YTD performance, and +$40M in YTD flows. Run a side-by-side ETF comparison of GOVT and IBII below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
GOVT vs IBII performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/11/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | GOVT IBII | -0.97%-1.26% | -1.64%-1.60% | -1.40%-0.27% | -1.06%-0.97% | +9.66%n/a | -5.17%n/a |
| Flows | GOVT IBII | -$1.78B+$14M | -$350M+$24M | +$9.54B+$40M | +$15.01B+$46M | +$18.72B- | +$30.16B- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | GOVT IBII | +3.54%+3.60% | +3.44%+3.35% | +4.76%n/a | +5.67%n/a |
| Max drawdown | GOVT IBII | -2.20%-1.87% | -3.19%-2.46% | -4.87%n/a | -16.48%n/a |
| Max drawdown duration | GOVT IBII | 74d17d | 194d123d | 318dn/a | 1823dn/a |
Trading data
GOVT | IBII | |
Last sale 9/11/2026 at 1:30 PM | $22.15 | $24.94 |
| Previous close 09/10/2026 | $22.17 | $25.06 |
| Consolidated volume 09/10/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 14, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
GOVT | IBII | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 9/11/2026 at 1:30 PM
Live
Closed
GOVT | IBII | |
|---|---|---|
| Last price | $22.15 | $24.94 |
| 1D performance | -0.09% | -0.49% |
| AuM | $41.43 B | $66.07 M |
| E/R | 0.05% | 0.1% |
Characteristics
GOVT | IBII | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | iShares | iShares |
| Benchmark | ICE U.S. Treasury Core Bond Index | ICE 2032 Maturity US Inflation-Linked Treasury Index |
| N° of holdings | 215 | 4 |
| Asset class | Bonds | Fixed Income |
| Trailing 12m distribution yield | Join | Join |
| Inception date | February 14, 2012 | September 19, 2023 |
| ESG | No | No |
Advertisement
Exposure
Countries
GOVT
USA
100%
Other
-0%
IBII
USA
100%
Sectors
GOVT
Sovereign
99.82%
Other
0.18%
IBII
Sovereign
99.8%
Other
0.2%
Advertisement
Diversification
GOVT
Total weight of top 15 holdings out of 15
27.58%
IBII
Total weight of top 4 holdings out of 4
100%
Top 15 holdings
Data as of July 31, 2026
GOVT
USA, Notes 1.375% 15nov2031, USD (F-2031)
5.29%
USA, Notes 2.625% 15feb2029, USD (B-2029)
2.98%
USA, Notes 2.75% 15feb2028, USD (B-2028)
2.66%
USA, Notes 3.125% 15nov2028, USD (F-2028)
2.09%
USA, Notes 2.875% 15may2028, USD (C-2028)
1.62%
USA, Bonds 2.5% 15may2046, USD
1.50%
USA, Bonds 1.875% 15feb2051, USD
1.49%
USA, Bonds 2.75% 15nov2042, USD
1.48%
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, 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)
1.01%
USA, Notes 4% 15feb2034, USD (B-2034)
1.01%
IBII
USA, TIPS 0.625% 15jul2032, USD (D-2032)
47.43%
USA, TIPS 0.125% 15jan2032, USD (A-2032)
44.76%
USA, TIPS 3.375% 15apr2032, USD
7.61%
BlackRock Cash Funds - Treasury
0.20%
Frequently asked questions about GOVT and IBII
How have the GOVT and IBII ETFs performed in 2026?
As of September 11, 2026, GOVT is down -1.4% year-to-date (YTD), while IBII has lost -0.27%. That puts IBII better performer ahead so far this year.
Which ETF is attracting more investor money: GOVT or IBII?
Year-to-date, the GOVT ETF saw +$9.54B in flows, compared to +$40M for IBII.
Which ETF is more volatile: GOVT or IBII?
Over the past year, GOVT had a volatility of 3.44%, while IBII experienced 3.35%.
Which ETF is bigger: GOVT or IBII?
As of September 11, 2026, GOVT holds $41.43 B in assets under management (AUM), while IBII manages $66.07 M.
What sectors do the GOVT and IBII ETFs invest in?
GOVT leans toward sectors like Sovereign. Meanwhile, IBII focuses on Sovereign.
What are the top holdings of the GOVT ETF and IBII ETF?
GOVT top holdings include USA, Notes 1.375% 15nov2031, USD (F-2031), USA, Notes 2.625% 15feb2029, USD (B-2029) and USA, Notes 2.75% 15feb2028, USD (B-2028). IBII holds in its top three: USA, TIPS 0.625% 15jul2032, USD (D-2032), USA, TIPS 0.125% 15jan2032, USD (A-2032) and USA, TIPS 3.375% 15apr2032, USD.
Which ETF is more diversified: GOVT or IBII?
GOVT holds 215 securities with 27.58% of its assets in the top 15. IBII has 4 securities.
Advertisement
Latest news about GOVT & IBII
The Weekly ETF Market Monitor (August 24-28, 2026)
August 31, 2026
GOVT
How Investors can Maximize Tax Efficiency with Income ETFs
July 22, 2026
GOVT
ETF Model Portfolios: The Cockroach Portfolio
March 20, 2026
GOVT
Investors Hate TreasuryDirect: These Treasury ETFs Offer a Solution
November 19, 2024
GOVT
Advertisement
3 Famous Investment Portfolios (And How to Make Them with ETFs)
February 8, 2024
GOVT
3 Famous Investment Portfolios (And How to Make Them with ETFs)
February 8, 2024
GOVT
2 Potential Ways Investors Can Use the New Spot Bitcoin ETFs
January 31, 2024
GOVT
ETF Insights: Top 5 Fund Flows and Segments for March 2023
April 13, 2023
GOVT
Advertisement
