Invesco Equal Weight 0-30 Years Treasury ETF (GOVI) Performance
GOVI total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −2.5% since Dec 31, 2025
- 1 year
- −4.0% total return
- 5 years
- −3.4% a year
- 10 years
- −0.3% a year
- Since first price
- +2.8% a year since 2007
GOVI trailing returns vs AGG, TLT, SPY
| Period | GOVI total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +1.4% | +1.0% | +0.9% | +1.5% | −1.0% |
| 3 months | −0.6% | −1.7% | −0.4% | −1.0% | +3.2% |
| 6 months | −2.6% | −4.6% | −1.5% | −3.8% | +7.8% |
| YTD | −2.5% | −5.6% | −1.0% | −3.4% | +12.3% |
| 1 year | −4.0% | −7.7% | −1.1% | −6.9% | +14.4% |
| 3 years | +11.8%+3.8%/yr | −0.0% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | −15.9%−3.4%/yr | −27.9% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| 10 years | −3.2%−0.3%/yr | −23.8% | +14.0%+1.3%/yr | −18.7%−2.0%/yr | +315.9%+15.3%/yr |
| 15 years | +18.8%+1.2%/yr | −16.5% | +32.2%+1.9%/yr | +9.9%+0.6%/yr | +696.0%+14.8%/yr |
| Since inceptionOct 11, 2007 | +69.4%+2.8%/yr | +3.0% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: GOVI vs AGG
From Oct 11, 2007: GOVI grew to $16,940, AGG to $17,023.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
GOVI returns by calendar year
12 of 18 full years positive. Best 2008 (+21.3%), worst 2022 (−20.0%). 2026 is year to date.
GOVI annual returns table
| Year | GOVI | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | −2.5% | −8.6% | −1.0% | −3.4% | +12.3% |
| 2025 | +5.8% | −5.8% | +7.2% | +4.3% | +17.7% |
| 2024 | −2.9% | −8.3% | +1.3% | −8.1% | +24.9% |
| 2023 | +3.3% | −14.3% | +5.7% | +2.8% | +26.2% |
| 2022 | −20.0% | −22.9% | −13.0% | −31.2% | −18.2% |
| 2021 | −3.8% | −8.8% | −1.8% | −4.6% | +28.7% |
| 2020 | +12.6% | −10.2% | +7.5% | +18.2% | +18.3% |
| 2019 | +10.0% | −5.2% | +8.5% | +14.1% | +31.2% |
| 2018 | −0.3% | −5.3% | +0.1% | −1.6% | −4.6% |
| 2017 | +5.0% | −3.4% | +3.6% | +9.2% | +21.7% |
| 2016 | +0.6% | −11.2% | +2.4% | +1.2% | +12.0% |
| 2015 | +0.1% | −8.5% | +0.5% | −1.8% | +1.2% |
| 2014 | +15.0% | −3.0% | +6.0% | +27.3% | +13.5% |
| 2013 | −7.9% | −10.7% | −2.0% | −13.4% | +32.3% |
| 2012 | +2.8% | −5.3% | +3.8% | +2.6% | +16.0% |
| 2011 | +20.0% | −6.4% | +7.7% | +34.0% | +1.9% |
| 2010 | +8.9% | −9.2% | +6.4% | +9.0% | +15.1% |
| 2009 | −11.1% | −14.2% | +3.0% | −21.8% | +26.4% |
| 2008 | +21.3% | −6.7% | +7.9% | +33.9% | −36.8% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
GOVI largest drawdowns
Now 23.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Aug 4, 2020 | −32.7% | Oct 19, 2023 | not yet | 3.2 years | 6.2 years so far |
| Dec 30, 2008 | −16.7% | Jun 10, 2009 | Aug 19, 2010 | 5 months | 1.6 years |
| Jul 25, 2012 | −11.7% | Sep 5, 2013 | Oct 14, 2014 | 1.1 years | 2.2 years |
| Jul 8, 2016 | −11.2% | Dec 16, 2016 | May 31, 2019 | 5 months | 2.9 years |
| Aug 31, 2010 | −10.2% | Feb 8, 2011 | Aug 2, 2011 | 5 months | 11 months |
| Mar 9, 2020 | −10.2% | Mar 18, 2020 | Apr 2, 2020 | 9 days | 24 days |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
GOVI risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2007 |
|---|---|---|---|---|
| Annualized return | +1.7% | −4.1% | −0.8% | +2.5% |
| Volatility (annualized) | 8.7% | 9.5% | 8.7% | 8.8% |
| Sharpe ratio | -0.26 | -0.78 | -0.31 | 0.18 |
| Sortino ratio | -0.35 | -0.94 | -0.42 | 0.27 |
| Best month | +6.2% | +6.2% | +6.5% | +10.0% |
| Worst month | −4.3% | −5.8% | −5.8% | −7.3% |
| Best 12 months | +12.3% | +12.3% | +24.7% | +24.7% |
| Worst 12 months | −5.4% | −22.0% | −22.0% | −22.0% |
| Positive months | 58% | 47% | 50% | 54% |
| Beta vs S&P 500 | 0.33 | 0.34 | 0.10 | — |
| Correlation with S&P 500 | 0.47 | 0.56 | 0.17 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
GOVI rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 217 | −22.0% | +3.3% | +24.7% | 61% |
| 3-year (a year) | 193 | −10.7% | +3.5% | +10.9% | 77% |
| 5-year (a year) | 169 | −5.3% | +2.9% | +8.6% | 73% |
| 10-year (a year) | 109 | −0.8% | +1.9% | +6.4% | 94% |
Every holding period starting at a month-end since 2007. Returns for 3 years and longer are annualized.
GOVI performance overview
Invesco Equal Weight 0-30 Years Treasury ETF (GOVI) returned −4.0% over the past year and −0.3% a year over ten years, with distributions reinvested. Since its first recorded price in 2007 it has returned +2.8% a year, turning $10,000 into about $16,940. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −32.7%, from Aug 4, 2020 to Oct 19, 2023; the fund has not yet regained that high. GOVI finished 12 of its 18 full calendar years with a gain; the best year was 2008 (+21.3%) and the worst 2022 (−20.0%). Volatility has been 8.8% a year.
Related: GOVI chart, GOVI dividends, GOVI bond profile. See the GOVI overview for the latest quote and fund facts.
GOVI performance FAQ
What is the GOVI return over the past year?
GOVI returned −4.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 7.7%.
What is the average annual return of GOVI?
GOVI has returned −3.4% a year over 5 years, −0.3% a year over 10 years, +2.8% a year since October 11, 2007 (total return, distributions reinvested).
How much would $10,000 invested in GOVI be worth?
$10,000 invested in GOVI at its first recorded close on October 11, 2007 would be worth about $16,940 on October 23, 2026 with distributions reinvested.
What was the worst year for GOVI?
The worst calendar year was 2022, with a total return of −20.0%. The best was 2008 at +21.3%.
What is the biggest drawdown of GOVI?
The largest peak-to-trough decline was −32.7% between August 4, 2020 and October 19, 2023. It has not yet recovered to that high; it is 23.9% below its peak.
How volatile is GOVI?
Over the past 3 years GOVI had an annualized volatility of 8.7% and a Sharpe ratio of -0.26 (excess return over 1–3 month T-bills per unit of risk).