ETF Evaluator: Invesco Equal Weight 0-30 Years Trs ETF () Follow This ETF

Invesco Equal Weight 0-30 Years Trs ETF Overview

Invesco Equal Weight 0-30 Years Trs ETF (GOVI) is a passively managed Taxable Bond Long Government exchange-traded fund (ETF). Invesco launched the ETF in 2007.

The investment seeks to track the investment results (before fees and expenses) of the ICE 1-30 Year Laddered Maturity U.S. Treasury Index. The fund generally will invest at least 80% of its total assets in the components of the index. The index provider compiles, maintains and calculates the underlying index, which is designed to track the performance of up to 30 U.S. Treasury Notes or Bonds representing the annual February maturity ladder across the yield curve.

About Invesco Equal Weight 0-30 Years Trs ETF (GOVI)

There are 4 members of the management team with an average tenure of 7.92 years: Peter Hubbard (2007), Richard Ose (2021), Tom Boksa (2019) and Elizabeth Sanford (2024). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 2 primary benchmarks: Bloomberg US Agg Bond TR USD index with a weighting of 100% and ICE 1-30 Y Laddered Mat US Trsry TR USD index with a weighting of 100%. Invesco Equal Weight 0-30 Years Trs ETF has 31 securities in its portfolio. The top 10 holdings constitute 34.4% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

Invesco Equal Weight 0-30 Years Trs ETF is part of the Fixed Income global asset class and is within the Taxable Bond ETF group. Invesco Equal Weight 0-30 Years Trs ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 100.0% (100.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Invesco Equal Weight 0-30 Years Trs ETF has 0.0% of the portfolio in cash.

Assets Under Management

The fund has $1 billion in total assets, which is below the $4 billion average for the Long Government category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

GOVI Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Invesco Equal Weight 0-30 Years Trs ETF expense ratio is low compared to funds in the Long Government category. Invesco Equal Weight 0-30 Years Trs ETF has an expense ratio of 0.15%, which is 35% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Invesco Equal Weight 0-30 Years Trs ETF has a portfolio turnover rate of 14%, which indicates that it holds its assets around / 0.1 years. By way of comparison, the average portfolio turnover is 60% for the Long Government category.

Recently, in the month of July 2026, Invesco Equal Weight 0-30 Years Trs ETF returned -2.7%, which earned it a grade of B, as the Long Government category had an average return of -4.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

Invesco Equal Weight 0-30 Years Trs ETF has a trailing yield of 3.96%, which is below the 5.37% category average. The fund normally distributes its income monthly and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Invesco Equal Weight 0-30 Years Trs ETF Grades

Year to date, the ETF has returned -2.4%, 0.9 percentage points better than the category, which translates into a grade of B. The fund has returned 0.5% over the past year (grade of B), 0.7% over the past three years (grade of B) and -3.9% per year over the past five years (grade of B) and -0.6% per year over the past 10 years (grade of A).

For more ETF grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.

Otherwise, for more information about Invesco Equal Weight 0-30 Years Trs ETF, including its riskiness, submit your email to unlock the rest of the article.