Which returned more over the last year, GOVI or TLH?

In the year to Oct 28, 2026, with distributions reinvested, GOVI returned −4.7% and TLH −5.6%.

Which is cheaper, GOVI or TLH?

Neither: GOVI and TLH both charge 0.15% a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

GOVI vs TLH: Differences, Returns & Fees

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GOVI's duration was 10.0 years on May 31, 2026 and TLH's 11.8 on Aug 31, 2026; both charge 0.15%.

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Net assets on Oct 27, 2026: $1.2bn for Invesco Equal Weight 0-30 Year Treasury ETF and $12.1bn for iShares 10-20 Year Treasury Bond ETF.

GOVI on its own →TLH on its own →

At a glance

−4.7%

GOVI total return, 1 year

−5.6%

TLH total return, 1 year

0.15%

GOVI expense ratio

0.15%

TLH expense ratio

Pair scorecard

Both cost 0.15% a year; their one-year returns differ by 0.9 points; TLH is 10.1 times larger.

Points (pts) are percentage points.

GOVI vs TLH: Differences, Returns & Fees
Measure	GOVI	TLH
Return
Measure	GOVI	TLH
Total return, 1 year	−4.7%	−5.6%
Drawdown
Measure	GOVI	TLH
Below its high	24.1%, high on Aug 4, 2020	31.8%, high on Aug 4, 2020
Benchmark
Measure	GOVI	TLH
What it tracks	ICE 1-30 Year Laddered Maturity US Treasury Index	ICE U.S. Treasury 10-20 Year Bond Index
Cost and size
Measure	GOVI	TLH
Expense ratio	0.15%	0.15%
Net assets, as of Oct 27, 2026	$1.2bn	$12.1bn
Holdings
Measure	GOVI	TLH
Holdings in common	9%

Holdings in common uses holdings dated May 31, 2026 and Aug 31, 2026. Method

Risk and return

Oct 19, 2007 to Oct 23, 2026 · 992 weekly returns

GOVI TLH

Return

Total return edge GOVI (slight) +65.6% +60.6%

Annualized edge GOVI (slight) +2.7% +2.5%

Price return edge GOVI +0.7% −7.0%

Risk

Volatility edge GOVI 8.8% 9.9%

Max drawdown edge GOVI −32.2% −40.4%

Risk-adjusted

Sharpe edge GOVI 0.18 0.15

Sortino edge GOVI 0.25 0.21

Calmar edge GOVI 0.08 0.06

Reading

GOVI returned slightly more: +65.6% to +60.6%. GOVI swung less: 8.8% to 9.9%. GOVI fell less at its worst: −32.2% to −40.4%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: GOVI vs TLH: Differences, Returns & Fees
Measure	GOVI	TLH	Edge	How it is measured
Return
Total return	+65.6%	+60.6%	GOVI (slight)	Price change plus distributions, reinvested.
Annualized	+2.7%	+2.5%	GOVI (slight)	Total return as a yearly rate.
Price return	+0.7%	−7.0%	GOVI	Price change alone, distributions left out.
Risk
Volatility	8.8%	9.9%	GOVI	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	6.2%	7.1%	GOVI	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−32.2%	−40.4%	GOVI	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.18	0.15	GOVI	Return above Treasury bills per unit of volatility.
Sortino	0.25	0.21	GOVI	Return above Treasury bills per unit of downside deviation.
Calmar	0.08	0.06	GOVI	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 992 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, GOVI and TLH hold 9% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Aug 31, 2026.

50%

0 half 100%

half

9% in common

Positions both hold · largest shared weight first GOVI TLH

U.S. Treasury Bonds, due Feb 15, 2044 3.27% 1.70%

U.S. Treasury Bonds, due Feb 15, 2045 3.27% 1.48%

U.S. Treasury Bonds, due Feb 15, 2040 3.30% 1.22%

U.S. Treasury Bonds, due Feb 15, 2046 3.26% 1.17%

U.S. Treasury Bonds, due Feb 15, 2042 3.27% 0.88%

U.S. Treasury Bonds, due Feb 15, 2043 3.28% 0.71%

U.S. Treasury Bonds, due Feb 15, 2039 3.29% 0.62%

U.S. Treasury Bonds, due Feb 15, 2038 3.31% 0.62%

U.S. Treasury Bonds, due Feb 15, 2037 3.29% 0.49%

U.S. Treasury Bonds, due Feb 15, 2041 3.29% 0.02%

Only in one fund ↓

Only in GOVI

U.S. Treasury Notes, due Feb 15, 2028 3.39%

U.S. Treasury Bonds, due Feb 15, 2027 3.37%

U.S. Treasury Notes, due Feb 15, 2030 3.37%

U.S. Treasury Bonds, due Feb 15, 2029 3.36%

U.S. Treasury Notes, due Feb 15, 2032 3.35%

U.S. Treasury Bonds, due Feb 15, 2031 3.33%

U.S. Treasury Notes, due Feb 15, 2033 3.32%

U.S. Treasury Notes, due Feb 15, 2035 3.32%

Only in TLH

U.S. Treasury Bonds, due Feb 15, 2044 3.97%

U.S. Treasury Bonds, due Aug 15, 2044 3.95%

U.S. Treasury Bonds, due May 15, 2043 3.51%

U.S. Treasury Bonds, due Nov 15, 2045 3.32%

U.S. Treasury Bonds, due Nov 15, 2042 3.31%

U.S. Treasury Bonds, due Feb 15, 2045 3.31%

U.S. Treasury Bonds, due Aug 15, 2043 3.28%

U.S. Treasury Bonds, due Nov 15, 2043 3.19%

Check overlap with more funds →

Side by side

GOVI Invesco Equal Weight 0-30 Year Treasury ETF TLH iShares 10-20 Year Treasury Bond ETF

Where it sits Bond ETF Bond ETF

Issuer Invesco iShares

What it is Tracks an index Tracks an index

Total return, 1 year −4.7% −5.6%

Its benchmark over the same days −1.4% (AGG) not measured

Gap to its benchmark −3.3 pts vs AGG not measured

Expense ratio 0.15% 0.15%

Holdings 32 61

Net assets, as of Oct 27, 2026 $1.2bn $12.1bn

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

Client brief · page 1 of 2 Report BR-E34C9362E2

GOVI and TLH are built for the same job. How do they differ in cost, holdings and results?

What each follows. GOVI follows ICE 1-30 Year Laddered Maturity US Treasury Index and TLH follows ICE U.S. Treasury 10-20 Year Bond Index.
Holdings in common. 9% of the weight is in the same securities (holdings dated May 31, 2026 and Aug 31, 2026).
Size. GOVI has $1.2bn in net assets and TLH $12.1bn (net assets, as of Oct 27, 2026); TLH is 10.1 times larger.

Data as of Oct 28, 2026.

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About each fund

GOVI

GOVI tracks an index. Over the year to Oct 28, 2026 it returned −4.7% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.15% a year. It sat 24.1% below its high of Aug 4, 2020 on Oct 28, 2026.

TLH

TLH tracks an index. Over the year to Oct 28, 2026 it returned −5.6% with distributions reinvested. It sat 31.8% below its high of Aug 4, 2020 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, GOVI or TLH?: In the year to Oct 28, 2026, with distributions reinvested, GOVI returned −4.7% and TLH −5.6%.
Which is cheaper, GOVI or TLH?: Neither: GOVI and TLH both charge 0.15% a year. Fees come from each fund's prospectus.

Other comparisons

GOVI vs SPTL GOVI vs ZROZ GOVI vs XTEN GOVI vs VGLT TLH vs XTEN TLH vs ZROZ SPTL vs TLH TLH vs TLT

Where to next

GOVI on its own →TLH on its own →Hold both: look the portfolio through →Rankings →GOVI dividend history →GOVI holdings →TLH dividend history →TLH holdings →Standards and sources →

Sources and dates

GOVI filings on SEC EDGAR ↗

GOVI prospectus with the expense ratio (SEC) ↗

Invesco page for GOVI ↗

TLH filings on SEC EDGAR ↗

TLH prospectus with the expense ratio (SEC) ↗

iShares page for TLH ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, GOVI against TLH, data as of Oct 28, 2026. https://etfiq.com/compare/any/govi-vs-tlh

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.