Which returned more over the last year, GSY or IBTG?

In the year to Oct 20, 2026, with distributions reinvested, GSY returned +3.7% and IBTG +3.6%.

Which is cheaper, GSY or IBTG?

IBTG is cheaper, by 0.15 percentage points a year. That is about $15 on $10,000 held for a year. Fees come from each fund's prospectus.

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GSY vs IBTG: Differences, Returns & Fees

On Jul 31, 2026 GSY's duration was 0.8 years and IBTG's 0.2; IBTG charges 0.07% to GSY's 0.22%. Net assets on Oct 20, 2026: $4.0bn for Invesco Ultra Short Duration ETF and $1.9bn for iShares iBonds Dec 2026 Term Treasury ETF.

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Answers cite the figures on this page.

IBTG costs 0.15 points a year less; their one-year returns differ by 0.1 points; GSY is 2.1 times larger.

GSY vs IBTG: Differences, Returns & Fees
	GSY	IBTG
Expense ratio	0.22%	0.07%
Net assets	$4.0bn	$1.9bn
Total return, 1 year	+3.7%	+3.6%
What it tracks	No index, actively managed	ICE 2026 Maturity US Treasury Index
Holdings in common	0%

Holdings in common uses holdings dated Jul 31, 2026.

+3.7%

GSY total return, 1 year

+3.6%

IBTG total return, 1 year

0.22%

GSY expense ratio

0.07%

IBTG expense ratio

Client brief · page 1 of 2Report BR-DF6ED42B04

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

What each follows. GSY follows No index, actively managed and IBTG follows ICE 2026 Maturity US Treasury Index.
Holdings in common. 0% of the weight is in the same securities (holdings dated Jul 31, 2026).
Number of holdings. GSY holds 414 positions and IBTG holds 10.

Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.

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What they hold in common

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

50%

half

0% in common

Positions both hold, largest shared weight first

Holding GSY IBTG

Only in GSY

U.S. Treasury Bills, due May 13, 2027 1.24%

U.S. Treasury Notes/Bonds, due May 31, 2028 1.14%

U.S. Treasury Notes/Bonds, due Jun 30, 2028 1.02%

American Tower Corp., due Jan 15, 2027 0.66%

Amazon.com, Inc., due Jul 9, 2029 0.64%

Jefferies Financial Group Inc., due Sep 15, 2026 0.64%

Haleon US Capital LLC, due Mar 24, 2027 0.63%

NatWest Group PLC, due Mar 1, 2028 0.53%

Only in IBTG

U.S. Treasury Notes, due Sep 30, 2026 6.46%

U.S. Treasury Notes, due Oct 31, 2026 6.10%

U.S. Treasury Notes, due Aug 31, 2026 5.71%

U.S. Treasury Notes, due Nov 30, 2026 5.62%

U.S. Treasury Notes, due Sep 30, 2026 5.29%

U.S. Treasury Notes, due Oct 31, 2026 5.27%

U.S. Treasury Notes, due Nov 30, 2026 5.13%

U.S. Treasury Notes, due Aug 15, 2026 5.03%

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On the same fields

GSY

Invesco Ultra Short Duration ETF

IBTG

iShares iBonds Dec 2026 Term Treasury ETF

Where it sits Bond ETF Bond ETF

Issuer Invesco iShares

What it is Actively managed Tracks an index

Total return, 1 year +3.7% +3.6%

Its benchmark over the same days +3.7% (SPTU) not measured

Gap to its benchmark 0.0 pts vs SPTU not measured

Expense ratio 0.22% 0.07%

Holdings 414 10

Net assets $4.0bn $1.9bn

GSY and IBTG on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About GSY

GSY is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +3.7% with distributions reinvested, against +3.7% for its benchmark, the ICE BofA US Treasury Bill Index. The prospectus expense ratio is 0.22% a year.

About IBTG

IBTG tracks an index. Over the year to Oct 20, 2026 it returned +3.6% with distributions reinvested. The prospectus expense ratio is 0.07% a year.

Questions people ask

Which returned more over the last year, GSY or IBTG?: In the year to Oct 20, 2026, with distributions reinvested, GSY returned +3.7% and IBTG +3.6%.
Which is cheaper, GSY or IBTG?: IBTG is cheaper, by 0.15 percentage points a year. That is about $15 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

GSY vs VRIG GSY vs XHLF GSY vs TBUX GSY vs YEAR CLIP vs IBTG IBDR vs IBTG IBTG vs TBLL IBTG vs IBTH

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

Where these figures came from

GSY filings on SEC EDGAR ↗GSY prospectus with the expense ratio (SEC) ↗Invesco page for GSY ↗IBTG filings on SEC EDGAR ↗IBTG prospectus with the expense ratio (SEC) ↗iShares page for IBTG ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. 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, GSY against IBTG, data as of Oct 20, 2026. https://etfiq.com/compare/any/gsy-vs-ibtg

Open data

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