IEI — iShares 3-7 Year Treasury Bond ETF

IEI Price Performance — Growth of $10,000

Value of a $10,000 investment in IEI 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.

IEI Drawdown

The "underwater" chart: IEI'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

The iShares 3-7 Year Treasury Bond ETF (IEI) operates within the US Bonds - Government category, where ETFValuer tracks a total of 22 funds. Issued by iShares, this fund has accumulated assets under management of $18.3 billion and currently trades at a price of $116.33. It holds an overall rank of #338 out of 458 tracked ETFs across all categories, receiving an ETFValuer grade of C with a score of 54.2 out of 100. The fund charges an expense ratio of 0.15% and offers a dividend yield of 3.63%. The substantial asset size and specific yield profile suggest a significant level of investor adoption relative to the broader universe of 458 tracked funds. Despite its high ranking position, the fund's metrics reflect a moderate standing within the competitive landscape of government bond instruments.

Recent performance data shows a 1-day return of +0.15% followed by a 1-week decline of -0.56% and a further 1-month drop of -0.66%. The negative trend continues into the 3-month period with a return of -0.91%, while the 6-month return sits at -0.44% and year-to-date performance is -0.72%. A shift to positive territory occurs over the 1-year horizon, where the fund gained +1.97%, and this momentum extends significantly over the 3-year period with a return of +11.48%. This pattern indicates a divergence between short-term losses and longer-term gains, with the fund recovering from recent declines to post positive results over annual and multi-year intervals. The data illustrates a trajectory where short-term volatility has been offset by sustained growth over the longer three-year timeframe.

IEI carries a volatility label of Very Low and a beta of 0.67, indicating that the fund generally experiences less price fluctuation than the broader market. Despite this lower volatility, the fund recorded a maximum drawdown of -3.66% during the measured period. The Sharpe ratio for the fund is -1.00, which suggests that the risk-adjusted returns have been negative relative to the risk-free rate over the calculation period. This combination of a low beta and negative Sharpe ratio implies that while the fund moves less aggressively than the market, it has not generated sufficient excess return to compensate for the risks taken. The maximum drawdown of -3.66% further quantifies the peak-to-trough decline experienced, highlighting the extent of losses during adverse market conditions despite the low volatility classification.

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

IEI Top Holdings

Holdings as of 2026-05-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 22.0% 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 IEI's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With IEI

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with IEI's top 10 — SGOV overlaps most, holding 1 of the same companies as IEI's top 10 (22.0% of IEI'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: 4.71% (as of 2026-07-23) — 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): 18.70 (as of 2026-07-23) — 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 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

IEI Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.02% and average daily volume is 1.2M/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 $18.3B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: IEI 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.

IEI Performance History

How IEI Compares to Other US Bonds - Government ETFs