IEF — iShares 7-10 Year Treasury Bond ETF

IEF Price Performance — Growth of $10,000

Value of a $10,000 investment in IEF over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

IEF Drawdown

The "underwater" chart: IEF's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

iShares 7-10 Year Treasury Bond ETF (Ticker: IEF) is a government bond ETF, issued by iShares, one of the largest and most recognized issuers in the ETF space. With an overall rank of #345 out of 458 tracked ETFs, it places in the middle of the pack. The fund has an expense ratio of 0.15%, indicating a relatively low cost for investors. It also offers a dividend yield of 1.00%, providing a modest income stream. The fund's assets under management (AUM) stand at $47.2B, suggesting strong investor adoption and confidence in the fund's performance and stability.

The performance of IEF shows a mixed picture across different time horizons. Over the past year, the fund has seen a slight gain of 0.99%, but this is offset by a 1.16% loss year-to-date. Looking at shorter-term trends, the fund has experienced a 0.19% decline over the past day and a 0.24% drop over the past week, indicating some volatility. However, the 1-month return of +0.31% and the 3-month return of -0.04% suggest a stabilization in performance over the last quarter. The 6-month and 3-year returns of -2.51% and +10.25%, respectively, highlight a significant divergence between short-term and long-term performance, with the fund experiencing a notable decline in the last six months but a strong performance over the past three years.

IEF is categorized as having a 'Very Low' volatility label, which suggests that the fund's price movements are relatively stable compared to other ETFs. However, its beta of 1.15 indicates a slightly higher sensitivity to market movements compared to the benchmark, implying that the fund may experience more pronounced price fluctuations during market downturns. The Sharpe ratio of -0.87 is negative, indicating that the fund's returns have not compensated for the level of risk taken. This is further supported by the max drawdown of -6.89%, which shows the fund's largest peak-to-trough decline. Overall, these figures suggest that while IEF offers a relatively low-risk profile, it may not be the best choice for investors seeking high returns, as the fund's performance has not consistently outperformed the risk taken. In up markets, IEF may underperform, while in down markets, it may experience more significant losses compared to its beta suggests.

AI-generated summary based on the data on this page.

IEF Top Holdings

Holdings as of 2026-05-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 84.9% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how IEF's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With IEF

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with IEF's top 10 — SGOV overlaps most, holding 1 of the same companies as IEF's top 10 (84.9% of IEF's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.69% (as of 2026-08-20) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 16.01 (as of 2026-08-20) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-07-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

See it in a portfolio

IEF isn't one of the twelve funds in the portfolio game, but BIL — Cash — sits in the same category and is. It is an equivalent, not a substitute: different holdings, different fee, different returns.

Free, no sign-up, virtual money only.

IEF Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.02% and average daily volume is 7.0M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $47.2B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: IEF is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

IEF Performance History

How IEF Compares to Other US Bonds - Government ETFs