IEF — iShares 7-10 Year Treasury Bond ETF

IEF Price Performance — Growth of $10,000

Value of a $10,000 investment in IEF over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

IEF Drawdown

The "underwater" chart: IEF's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The iShares 7-10 Year Treasury Bond ETF (IEF) is a government bond fund issued by iShares that falls within the US Bonds - Government category. It holds an overall rank of #325 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of C with a score of 55.1 out of 100. The fund manages $47.1 billion in assets while trading at a price of $93.56, indicating significant investor adoption relative to the 22 other ETFs tracked in its specific category. Investors receive a dividend yield of 1.00% while paying an expense ratio of 0.15% for management. The substantial asset size suggests the fund is a widely utilized vehicle for exposure to intermediate-term Treasury securities. Its current market price and asset base reflect its established position among government bond options. The combination of a mid-tier grade and high asset volume highlights a fund that is popular despite not ranking in the top tier of its broader universe.

Recent performance data shows a divergence between short-term gains and longer-term losses for the iShares 7-10 Year Treasury Bond ETF. The fund posted positive returns over the last day at +0.30% and the last week at +0.27%, yet these gains were reversed over the one-month period which saw a decline of -1.22%. This negative momentum extended through the three-month and six-month windows with returns of -0.89% and -0.72% respectively. Year-to-date performance remains negative at -0.71%, mirroring the short-term struggles. However, the one-year return of +2.61% and the three-year return of +9.82% demonstrate that the fund has generated positive gains over longer holding periods. The pattern indicates a recent period of underperformance that contrasts with the positive trajectory observed over the past year and three years.

The fund carries a Very Low volatility label despite exhibiting a beta of 1.16, which suggests its price moves slightly more than the broader market benchmark. A Sharpe ratio of -0.51 indicates that the risk-adjusted returns have been negative over the measured period, meaning the fund has not adequately compensated investors for the risk taken. This risk profile is further illustrated by a maximum drawdown of -6.89%, representing the largest peak-to-trough decline experienced by the fund. The combination of a beta above 1.0 and a negative Sharpe ratio implies that the fund has experienced periods of underperformance relative to its volatility. While the volatility label suggests stability, the beta and drawdown figures reveal that the fund can still experience notable price swings and losses during market downturns. These metrics collectively describe a fund that has faced challenges in generating positive risk-adjusted returns recently.

AI-generated summary based on the data on this page.

IEF Top Holdings

Holdings as of 2026-05-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 84.9% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how IEF's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With IEF

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with IEF's top 10 — SGOV overlaps most, holding 1 of the same companies as IEF's top 10 (84.9% of IEF's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.65% (as of 2026-07-27) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 18.67 (as of 2026-07-27) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

IEF Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.03% and average daily volume is 6.7M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $47.1B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: IEF is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

IEF Performance History

How IEF Compares to Other US Bonds - Government ETFs