IGOV — iShares International Treasury Bond ETF

IGOV Price Performance — Growth of $10,000

Value of a $10,000 investment in IGOV 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.

IGOV Drawdown

The "underwater" chart: IGOV'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 International Treasury Bond ETF (IGOV) is an international bonds fund issued by iShares with $1.30 billion in assets under management. It holds a D grade and ranks 6 of 8 within its category, placing it 395 of 458 across all tracked ETFs. The fund’s 0.35% expense ratio is slightly below the category median of 0.37%, while its 3.48% dividend yield trails the median of 5.02%. Top holdings represent only 3.8% of assets, with the largest position being Portugal Obrigacoes do Tesouro OT at 0.5%.

IGOV’s price of $40.19 sits at 20.4% of its 52-week range, reflecting a recent 1D decline of 0.05% and a 1W gain of 0.35%. Short-term momentum shows a 1M increase of 0.53%, contrasting with a 3M drop of 0.89% and a 6M loss of 3.92%. Year-to-date performance is down 3.39%, and the 1-year return of -4.37% underperforms the category median of -1.56%. However, the 3-year return of +10.85% indicates longer-term growth despite the recent negative trend. The grade has remained unchanged at D over the last 35 tracked days, and price history is available for 3.0 years.

With a beta of 1.35, the fund exhibits higher sensitivity to market movements compared to the broader market. Annualized volatility is 7.67%, which is labeled as Very Low, while the maximum drawdown has reached -10.65%. The Sharpe ratio of -1.22 suggests that risk-adjusted returns have been negative during the measured period. Liquidity is supported by an average daily volume of 250,257 shares, indicating adequate trading activity for the fund's size.

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

IGOV Top Holdings

Holdings as of 2026-07-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 3.8% 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 IGOV's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Market Backdrop

10-Year Treasury Yield: 4.96% (as of 2026-10-22) — 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): 19.03 (as of 2026-10-22) — 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: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

High-Yield Credit Spread: 3.40% (as of 2026-10-22) — The extra yield investors demand to hold high-yield corporate bonds over Treasuries — a real-time gauge of credit risk appetite relevant to this fund’s holdings.

Trade-Weighted US Dollar Index: 121.40 (as of 2026-10-16) — Measures the US dollar’s strength against major trading-partner currencies — dollar moves directly affect the US-dollar value of this fund’s international holdings.

IGOV Liquidity, Domicile & Tax Treatment

Liquidity: Average daily volume is 250K/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $1.30B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: IGOV 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.

IGOV Performance History

How IGOV Compares to Other International Bonds ETFs