Data as of Oct 28, 2026.

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BINC vs GOVT: Differences, Returns & Fees

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On Jul 31, 2026 BINC's duration was 2.9 years and GOVT's 5.5; GOVT charges 0.05% to BINC's 0.40%.

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Net assets on Oct 27, 2026: $16.8bn for iShares Flexible Income Active ETF and $42.8bn for iShares U.S. Treasury Bond ETF.

At a glance
+0.5%
BINC total return, 1 year
−1.5%
GOVT total return, 1 year
0.40%
BINC expense ratio
0.05%
GOVT expense ratio

Pair scorecard

GOVT costs 0.35 points a year less; their one-year returns differ by 2.0 points; GOVT is 2.5 times larger.

BINC vs GOVT: Differences, Returns & Fees
MeasureBINCGOVT
Return
Total return, 1 year+0.5%−1.5%
Drawdown
Below its high8.1%, high on Aug 4, 2020
Benchmark
What it tracksNo index, actively managedICE U.S. Treasury Core Bond Index
Cost and size
Expense ratio0.40%0.05%
Net assets, as of Oct 27, 2026$16.8bn$42.8bn
Holdings
Holdings in common0%
In the S&P 500, by weight0%
Top ten holdings, share of the fund24.6%

Holdings in common uses holdings dated Jul 31, 2026. Method

What they share

0%

By the books each fund has filed, BINC and GOVT hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first BINC GOVT
Only in one fund ↓
Only in BINC
Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 6.83%
Uniform Mortgage-Backed Security, TBA, due Sep 1, 2056 3.48%
Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 2.35%
Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 1.57%
iShares iBoxx USD High Yield Corporate Bond ETF 1.46%
Italy Buoni Poliennali Del Tesoro, due Feb 1, 2031 1.32%
Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 1.10%
iShares iBoxx USD Investment Grade Corporate Bond ETF 1.06%
Only in GOVT
U.S. Treasury Notes, due Nov 15, 2031 5.28%
U.S. Treasury Notes, due Feb 15, 2029 2.95%
U.S. Treasury Notes, due Feb 15, 2028 2.63%
U.S. Treasury Notes, due Nov 15, 2028 2.08%
U.S. Treasury Notes, due May 15, 2028 1.62%
U.S. Treasury Bonds, due May 15, 2046 1.48%
U.S. Treasury Bonds, due Nov 15, 2042 1.46%
U.S. Treasury Bonds, due Feb 15, 2051 1.46%
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Side by side

BINC iShares Flexible Income Active ETF GOVT iShares U.S. Treasury Bond ETF
Where it sits Bond ETF Bond ETF
What it is Actively managed Tracks an index of U.S. Treasury Bond
Total return, 1 year +0.5% −1.5%
Expense ratio 0.40% 0.05%
Holdings 4690 229
Net assets, as of Oct 27, 2026 $16.8bn $42.8bn

BINC and GOVT on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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About each fund
BINC

BINC is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +0.5% with distributions reinvested. The prospectus expense ratio is 0.40% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 4,690 positions, with the top ten at 24.6%.

GOVT

GOVT tracks an index of U.S. Treasury Bond. Over the year to Oct 28, 2026 it returned −1.5% with distributions reinvested. The prospectus expense ratio is 0.05% a year. It sat 8.1% below its high of Aug 4, 2020 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, BINC or GOVT?
In the year to Oct 28, 2026, with distributions reinvested, BINC returned +0.5% and GOVT −1.5%.
Which is cheaper, BINC or GOVT?
GOVT is cheaper, by 0.35 percentage points a year. That is about $35 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, BINC against GOVT, data as of Oct 28, 2026. https://etfiq.com/compare/any/binc-vs-govt

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