ETF Evaluator:
Invesco Short Duration Total ReturnBdETF ()
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(as of Aug 25)
Best Performing in Short-Term Bond Over the Last Year
| 6.6% | Overlay Shares Short Term Bond ETF (OVT) |
| 5.0% | AAM SLC Low Duration Income ETF (LODI) |
| 4.6% | SanJac Alpha Low Duration ETF (SJLD) |
| 4.5% | Performance Trust Short Term Bond ETF (STBF) |
| 4.4% | American Century® Short Dur Str Inc ETF (SDSI) |
Risk
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Risk
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ETF Details
Invesco Short Duration Total ReturnBdETF Overview
Invesco Short Duration Total ReturnBdETF (GTOS) is an actively managed Taxable Bond Short-Term Bond exchange-traded fund (ETF). Invesco launched the ETF in 2022.
The investment seeks total return, comprised of income and capital appreciation.
The fund is an actively managed ETF that seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in fixed-income securities, and in derivatives and other instruments that have economic characteristics similar to such securities.
About Invesco Short Duration Total ReturnBdETF (GTOS)
There are 4 members of the management team with an average tenure of 3.64 years: Michael Hyman (2022), Matthew Brill (2022), Todd Schomberg (2022) and Chuck Burge (2022). 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 Bloomberg US Govt/Credit 1-3 Yr TR USD index with a weighting of 100%. Invesco Short Duration Total ReturnBdETF has 694 securities in its portfolio. The top 10 holdings constitute 61.7% 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 Short Duration Total ReturnBdETF is part of the Fixed Income global asset class and is within the Taxable Bond ETF group. Invesco Short Duration Total ReturnBdETF has 15.3% 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 2.3% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 93.9% (78.6% domestic bond, 15.3% foreign bond and 0.1% convertible bond). Invesco Short Duration Total ReturnBdETF has 3.7% of the portfolio in cash.
Assets Under Management
The fund has $121 million in total assets, which is below the $3 billion average for the Short-Term Bond 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.
GTOS 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 Short Duration Total ReturnBdETF expense ratio is below average compared to funds in the Short-Term Bond category. Invesco Short Duration Total ReturnBdETF has an expense ratio of 0.30%, which is 7% higher than its category average, making the fund expense ratio grade a C. 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 Short Duration Total ReturnBdETF has a portfolio turnover rate of 458%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 77% for the Short-Term Bond category.
Recently, in the month of July 2026, Invesco Short Duration Total ReturnBdETF returned 0.1%, which earned it a grade of A, as the Short-Term Bond category had an average return of -0.1%. 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 Short Duration Total ReturnBdETF has a trailing yield of 4.52%, which is below the 4.54% 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 Short Duration Total ReturnBdETF Grades
Year to date, the ETF has returned 1.5%, 0.5 percentage points better than the category, which translates into a grade of A. The fund has returned 4.4% over the past year (grade of A) and 5.5% over the past three years (grade of B).
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GTOS Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| GTOS Return (NAV) | 0.1% | 0.6% | 4.4% | 5.5% | na | na |
| GTOS Return (Price) | 0.2% | 0.7% | 4.5% | 5.6% | na | na |
| NAV +/- Price Return | -0.101% | -0.101% | -0.082% | -0.017% | na | na |
| Short-Term Bond Avg | -0.1% | 0.3% | 3.6% | 5.2% | 2.3% | 2.5% |
| GTOS Grade (NAV) | A | A | A | B | na | na |
| +/- Category (NAV) | 0.2% | 0.3% | 0.8% | 0.3% | na | na |
| GTOS Tax-Cost Ratio | na | na | 1.8% | 2.1% | na | na |
GTOS Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| GTOS Return (NAV) | 1.5% | 6.2% | 5.4% | 5.6% | na | na | na | na | na | na | na |
| GTOS Return (Price) | 1.5% | 6.2% | 5.3% | 5.6% | na | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.014% | 0.006% | -0.001% | -0.009% | na | na | na | na | na | na | na |
| Short-Term Bond Avg | 1.0% | 6.3% | 5.1% | 6.0% | -5.3% | -0.4% | 4.4% | 5.6% | 1.2% | 1.7% | 2.4% |
| GTOS Grade (NAV) | A | D | B | D | na | na | na | na | na | na | na |
| +/- Category | 0.5% | -0.1% | 0.3% | -0.3% | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | 0.26 |
| R-Squared: | 83% |
| Standard Deviation: | 1.6% |
| Category Risk Index: | 0.71 |
| Category Risk Rating: | Below Average |
| Total Risk Index: | 0.13 |
| Total Risk Rating: | Low |
| Portfolio Characteristics | |
| Yield: | 4.5% |
| Total Assets: | $ 122 Mil |
| Share Class Assets: | $ 122 Mil |
| Turnover: | 458.0% |
| Expense Ratio: | 0.30% |
| Index Fund: | No |
| Index Tracked: | Bloomberg US Agg Bond TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 3.6 years | |||
| Average Tenure: 3.6 years | |||
| Managers (Year): Hyman Michael (2022), Brill Matthew (2022), Schomberg Todd (2022), Burge Chuck (2022) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 694 |
| % in Top 10 Holdings: | 61.7% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 15.3% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 2.3% |
| Domestic Bond: | 78.6% |
| Foreign Bond: | 15.3% |
| Convertible Bond: | 0.1% |
| Other: | 0.0% |
| Cash: | 3.7% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Invesco |
| Phone Number: | 800-983-0903 |
| Website: | www.invescopowershares.com |
| Inception Date: | December 9, 2022 |
Expenses and Fees
| Expense Ratio (%): | 0.30% (Rating: Below Avg) |
| Category Average Expense Ratio (%): | 0.28% |
