Intermediate-term Treasury ETFs:what they yield and how rates move them
US Treasury bonds with a duration of 3 to 10 years: if rates rise by 1 percentage point, their price falls about 3% to 10%.
- 6 ETFs
- Yield to maturity 4.25% to 4.69%
- Rates +1%: -4.3% to -7.0%
US Treasury, intermediate
6ETF
$175B in total assets
The largest: VGIT, $48.4B
In a few words
We track 6 intermediate-term Treasury ETFs, from their SEC filings. The yield to maturity of their bonds ranges from 4.25% (SCHR) to 4.69% (IEF), before the funds' costs. If rates rose by 1 percentage point, their prices would change by about -4.3% (IEI) to -7.0% (IEF). In 2022 their total return ranged from -15.2% (IEF) to -9.6% (IEI).
All intermediate-term Treasury ETFs
Every fund of the kind, from its own filings. Open one for its page.
- Vanguard Intermediate-Term Treasury ETFYield (YTM)4.54%
- iShares U.S. Treasury Bond ETFYield (YTM)4.56%
- iShares 7-10 Year Treasury Bond ETFYield (YTM)4.69%
- iShares 3-7 Year Treasury Bond ETFYield (YTM)4.50%
- Schwab Intermediate-Term U.S. Treasury ETFYield (YTM)4.25%
- State Street SPDR Portfolio Intermediate Term Treasury ETFYield (YTM)4.26%
| ETF | |||||||
|---|---|---|---|---|---|---|---|
| Vanguard Intermediate-Term Treasury ETF | 4.54% | +0.01 | -4.7% | Treasury | -10.7% | -12.1% | $48.4B |
| iShares U.S. Treasury Bond ETF | 4.56% | +0.02 | -5.5% | Treasury | -12.7% | -14.2% | $43.6B |
| iShares 7-10 Year Treasury Bond ETF | 4.69% | +0.01 | -7.0% | Treasury | -15.2% | -16.4% | $41.8B |
| iShares 3-7 Year Treasury Bond ETF | 4.50% | +0.02 | -4.3% | Treasury | -9.6% | -11.4% | $17.7B |
| Schwab Intermediate-Term U.S. Treasury ETF | 4.25% | +0.02 | -4.9% | Treasury | -10.6% | -12.1% | $13.4B |
| State Street SPDR Portfolio Intermediate Term Treasury ETF | 4.26% | +0.02 | -5.0% | Treasury | -10.7% | -12.1% | $10.2B |
The full analysis
And what about stocks?
Bonds are only one side of investing. With Ploutos AI you can analyse a company through its official SEC filings, look into its financials and understand what lies behind the numbers. Every finding comes with a reference to its source, so you can check the data behind the analysis.
- A fair value range built from the filings
- Earnings quality, debt and red flags
- Insider and institutional moves
- The case for and the case against
What do intermediate-term Treasury ETFs yield?
The yield to maturity of their bonds ranges from 4.25% (SCHR) to 4.69% (IEF), before the funds' costs. That is not the distribution the ETFs pay, and it moves every day with prices.
How far would intermediate-term Treasury ETFs fall if rates rose?
If rates rose by 1 percentage point, their prices would change by about -4.3% (IEI) to -7.0% (IEF). For each year of duration, the price moves about 1% against rates.
How did intermediate-term Treasury ETFs do in 2022?
In 2022 their total return ranged from -15.2% (IEF) to -9.6% (IEI). That year rates rose sharply and most bonds had their worst year in decades.
Which are the largest intermediate-term Treasury ETFs?
By net assets: VGIT (Vanguard Intermediate-Term Treasury ETF, $48.4B), GOVT (iShares U.S. Treasury Bond ETF, $43.6B), IEF (iShares 7-10 Year Treasury Bond ETF, $41.8B).
Other kinds of bond ETFs
Related pages
This page describes what bond ETFs hold, based on their SEC filings. Bond prices change every day and past returns do not say what comes next.