PBTPvsGOVTETF Comparison

ETF 1

PBTP

Invesco PureBeta 0-5 Yr US TIPS ETF

This fund is part of

Inflation-linked Bonds

+0.22%

Full PBTP 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

Invesco PureBeta 0-5 Yr US TIPS ETF (PBTP) belongs to the Inflation-linked Bonds segment. iShares U.S. Treasury Bond ETF (GOVT) is part of the US Government Bonds segment. PBTP's top 1 sector exposures are Sovereign. In contrast, GOVT's top sector exposures are Sovereign and Non-Corporate. PBTP is more expensive with a Total Expense Ratio (TER) of 0.07%, versus 0.05% for GOVT. PBTP is up 1.64% year-to-date (YTD) with +$180M 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 PBTP 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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PBTP 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.	PBTP GOVT	+0.54%+0.16%	+0.01%-1.39%	+1.64%-1.41%	+1.61%-1.80%	+15.27%+11.75%	+15.49%-3.89%
Flows	PBTP GOVT	+$6M+$926M	+$140M-$389M	+$180M+$10.59B	+$172M+$14.11B	+$173M+$19.43B	+$210M+$31.18B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	PBTP GOVT	+1.75%+3.83%	+1.62%+3.56%	+1.90%+4.67%	+2.67%+5.68%
Max drawdown	PBTP GOVT	-1.31%-2.85%	-1.31%-4.44%	-1.31%-4.87%	-5.31%-16.15%
Max drawdown duration	PBTP GOVT	57d52d	57d229d	57d318d	640d1776d

Trading data

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	PBTP	GOVT
Last sale 10/16/2026 at 7:59 PM	$25.67	$22.02
Previous close 10/16/2026	$25.62	$22.08
Consolidated volume 10/16/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of October 19, 2026

1-year trailing difference

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	PBTP	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 7:59 PM

Live

Closed

	PBTP	GOVT
Last price	$25.67	$22.02
1D performance	+0.21%	-0.29%
AuM	$245.68 M	$42.35 B
E/R	0.07%	0.05%

Characteristics

	PBTP	GOVT
Management strategy	Passive	Passive
Provider	Invesco	iShares
Benchmark	ICE BofA 0-5 Year US Inflation-Linked Treasury Index	ICE US Treasury Core Bond Index
N° of holdings	25	218
Asset class	Fixed Income	Bonds
Trailing 12m distribution yield	Join	Join
Inception date	September 22, 2017	February 14, 2012
ESG	No	No

More PBTP data on Trackinsight

More GOVT data on Trackinsight

Exposure

Countries

PBTP

USA

100%

Other

GOVT

USA

99.58%

Other

0.42%

Sectors

PBTP

Sovereign

100%

Other

GOVT

Sovereign

98.85%

Other

1.15%

Diversification

PBTP

Total weight of top 15 holdings out of 15

66.75%

GOVT

Total weight of top 15 holdings out of 15

26.71%

Top 15 holdings

Data as of August 31, 2026

PBTP

USA, TIPS 1.25% 15apr2031, USD (X-2031)

4.95%

USA, TIPS 1.125% 15oct2030, USD (AE-2030)

4.76%

USA, TIPS 1.625% 15apr2030, USD (X-2030)

4.70%

USA, TIPS 0.125% 15jul2031, USD (D-2031)

4.61%

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

4.54%

USA, TIPS 0.125% 15jul2030, USD (D-2030)

4.49%

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

4.48%

USA, TIPS 0.125% 15jan2031, USD (A-2031)

4.46%

USA, TIPS 0.125% 15jan2030, USD (A-2030)

4.37%

USA, TIPS 0.25% 15jul2029, USD (D-2029)

4.36%

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

4.34%

USA, TIPS 1.625% 15oct2029, USD (AE-2029)

4.32%

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

4.16%

USA, TIPS 2.125% 15apr2029, USD (X-2029)

4.11%

USA, TIPS 2.375% 15oct2028, USD (AE-2028)

4.09%

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 PBTP and GOVT

How have the PBTP and GOVT ETFs performed in 2026?

As of October 16, 2026, PBTP is up 1.64% year-to-date (YTD), while GOVT has lost -1.41%. That puts PBTP better performer ahead so far this year.

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

Year-to-date, the PBTP ETF saw +$180M in flows, compared to +$10.59B for GOVT.

Which ETF is more volatile: PBTP or GOVT?

Over the past year, PBTP had a volatility of 1.62%, while GOVT experienced 3.56%.

Which ETF is bigger: PBTP or GOVT?

As of October 16, 2026, PBTP holds $245.68 M in assets under management (AUM), while GOVT manages $42.35 B.

What sectors do the PBTP and GOVT ETFs invest in?

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

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

PBTP top holdings include USA, TIPS 1.25% 15apr2031, USD (X-2031), USA, TIPS 1.125% 15oct2030, USD (AE-2030) and USA, TIPS 1.625% 15apr2030, USD (X-2030). 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).

PBTPvsGOVTETF Comparison

Invesco PureBeta 0-5 Yr US TIPS ETF

iShares U.S. Treasury Bond ETF

PBTP vs GOVT performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the PBTP and GOVT ETFs performed in 2026?

As of October 16, 2026, PBTP is up 1.64% year-to-date (YTD), while GOVT has lost -1.41%. That puts PBTP better performer ahead so far this year.

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

Year-to-date, the PBTP ETF saw +$180M in flows, compared to +$10.59B for GOVT.

Which ETF is more volatile: PBTP or GOVT?

Over the past year, PBTP had a volatility of 1.62%, while GOVT experienced 3.56%.

Which ETF is bigger: PBTP or GOVT?

As of October 16, 2026, PBTP holds $245.68 M in assets under management (AUM), while GOVT manages $42.35 B.

What sectors do the PBTP and GOVT ETFs invest in?

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

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

Which ETF is more diversified: PBTP or GOVT?

PBTP holds 25 securities with 66.75% of its assets in the top 15. GOVT has 219 securities and a top 15 weight of 26.71%.

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