BenzingaT3·16mo ago
GGOV iShares Global Government Bond USD Hedged Active ETF
ETFETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
GGOV
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Key stats
About
iShares Global Government Bond USD Hedged Active ETF (GGOV) ETF
No description available.
- Exchange
- ARCX
- Inception
- 2025-06-25
- Has Options
- No
- Homepage
- https://www.ishares.com/us
Fund profile
holdings as of Oct 21, 2026issuer datathrough Jul 2026flows, SEC filings
Currency-hedged: returns exclude most of the move in the local currency against the dollar.
- Expense ratio
- 0.39% issuer, Oct 23, 2026
- Assets
- $4.2B issuer-reported, Oct 21, 2026
- Trailing yield
- 4.04% paid quarterly
- Average daily volume
- $61M 30 sessions
- Holdings
- 1,160 top 10 are 11.2%
- Listed
- Jun 25, 2025 NYSE Arca
- Net asset value
- $50.12 issuer, Oct 22, 2026 · closed +0.23% to NAV
- Median bid/ask spread
- 0.04% 30 days, issuer-reported
- 30-day SEC yield
- 3.48% issuer, Oct 21, 2026
- Return on NAV, 1 year
- +2.8% issuer, through Sep 30, 2026
- Distributions, 12 months
- $2.02 a share issuer, through Oct 1, 2026: 100% income
Cost38
Liquidity93
Scale86
Diversification100
Moves with. Long Treasuries (23% of its variance, beta 0.28). These factors explain 24% of its daily moves over the last year, so most of what drives this fund is something else.
Stated objective. The investment objective of iShares Global Government Bond USD Hedged Active ETF (the Fund) is to seek a total return, net of Fund expenses, in excess of the Bloomberg Global Treasury USD Hedged Index. (from the fund's prospectus)
All 1,160 holdingsFlow historyOverlap toolAll Treasury (Broad) ETFs
Fund flows
daily as of Oct 22, 2026issuer datathrough Jul 2026SEC filings- Oct 22, 2026
- +$7.0M latest day
- Latest 5 trading days
- +$38M
- Latest 21 trading days
- +$1.1B +26.0% of assets
- Year to date
- +$4.2B +$4.2B over 12 months
Each day
| Day | Net flow |
|---|---|
| Oct 22, 2026 | +$7.0M |
| Oct 21, 2026 | +$11M |
| Oct 20, 2026 | +$12M |
| Oct 19, 2026 | $0 |
| Oct 16, 2026 | +$8.0M |
| Oct 15, 2026 | +$21M |
| Oct 14, 2026 | +$9.0M |
| Oct 13, 2026 | +$5.0M |
| Oct 12, 2026 | $0 |
| Oct 9, 2026 | +$8.0M |
| Oct 8, 2026 | +$4.0M |
| Oct 7, 2026 | +$20M |
| Oct 6, 2026 | +$12M |
| Oct 5, 2026 | +$18M |
| Oct 2, 2026 | +$19M |
| Oct 1, 2026 | +$14M |
| Sep 30, 2026 | +$15M |
| Sep 29, 2026 | +$28M |
| Sep 28, 2026 | +$21M |
| Sep 25, 2026 | +$57M |
| Sep 24, 2026 | +$808M |
Daily figures are the change in shares outstanding times net asset value, both as the issuer publishes them each day.
- Jul 2026
- +$116M latest reported month
- Latest 3 months
- +$116M +3.9% of assets
- Latest 12 months
- +$119M +4.0% of assets
View as a table
| Month | Net flow |
|---|---|
| Jul 2026 | +$116M |
| May 2026 | $0 |
| Apr 2026 | $0 |
| Mar 2026 | +$1K |
| Feb 2026 | $0 |
| Jan 2026 | +$974K |
| Dec 2025 | $0 |
| Nov 2025 | +$1.0M |
| Oct 2025 | $0 |
| Sep 2025 | $0 |
| Aug 2025 | $0 |
| Jul 2025 | +$1.0M |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 13 months ago
Similar funds
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| GOVTiShares U.S. Treasury Bond ETF | — | 0.05% | $42.8B | −4.8% | compare |
| VWOBVanguard Emerging Markets Government Bond ETF | — | 0.15% | $6.2B | −5.7% | compare |
| XHLFBondBloxx Bloomberg Six Month Target Duration US Treasury ETF | — | 0.03% | $1.9B | −0.3% | compare |
| IGOViShares International Treasury Bond ETF | — | 0.35% | $1.3B | −5.5% | compare |
| BWXState Street SPDR Bloomberg International Treasury Bond ETF | — | 0.35% | $1.3B | −6.5% | compare |
The largest other funds in the Treasury (Broad) category.
Under the hood
fiscal year to Oct 31, 2025SEC census- Authorized participants
- 2 active of 37 with agreements; top 3 did 100%
- Created · redeemed
- $42M · $0 over the fiscal year
- Redemptions in kind
- 0% creations 0% in kind
- Creation unit
- 20,000 shares
- Securities lending
- authorized, none lent
- Diversification status
- Non-diversified may concentrate in fewer issuers
From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.
ETF Profile
holdings as of 2026-10-21
Holdings
1160
AUM
$4.2B
Provider
iShares (BlackRock)
Inception
2025-06-25
Exchange
ARCX
Data As Of
2026-10-21
Expense Ratio
0.39%
Dividend Yield
4.04%
Distribution
Quarterly
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-10-01 | 2026-10-06 | $0.4052 | CD |
| 2025-12-19 | 2025-12-24 | $1.6192 | CD |
Asset Allocation
Top Holdings
top 50 of 1160 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| — | BLACKROCK CASH CL INST SL AGENCY | 1.89% | Cash/Money Market | US |
| — | TREASURY NOTE (2OLD) | 1.64% | Treasury | US |
| — | TREASURY NOTE | 1.57% | Treasury | US |
| — | TREASURY NOTE | 1.40% | Treasury | US |
| — | CASH COLLATERAL USD RBCFT | 1.27% | Cash/Money Market | US |
| — | TREASURY NOTE | 1.20% | Treasury | US |
| — | TREASURY NOTE | 1.01% | Treasury | US |
| — | CASH COLLATERAL USD XBNPU | 1.00% | Cash/Money Market | US |
| — | TREASURY NOTE | 0.98% | Treasury | US |
| — | TREASURY NOTE | 0.91% | Treasury | US |
| — | TREASURY NOTE | 0.84% | Treasury | US |
| — | CASH COLLATERAL USD XBNPU | 0.83% | Cash/Money Market | US |
| — | TREASURY NOTE | 0.81% | Treasury | US |
| — | UNITED KINGDOM OF GREAT BRITAIN AN RegS | 0.78% | Corporate Bond | GB |
| — | TREASURY NOTE (2OLD) | 0.77% | Treasury | US |
| — | TREASURY NOTE | 0.77% | Treasury | US |
| — | TREASURY NOTE | 0.75% | Treasury | US |
| — | TREASURY NOTE | 0.75% | Treasury | US |
| — | TREASURY NOTE | 0.75% | Treasury | US |
| — | TREASURY NOTE | 0.74% | Treasury | US |
| — | FRANCE (REPUBLIC OF) | 0.73% | Corporate Bond | FR |
| — | TREASURY NOTE (2OLD) | 0.73% | Treasury | US |
| — | TREASURY NOTE | 0.69% | Treasury | US |
| — | TREASURY NOTE | 0.69% | Treasury | US |
| — | ITALY (REPUBLIC OF) | 0.69% | Corporate Bond | IT |
| — | TREASURY NOTE | 0.68% | Treasury | US |
| — | TREASURY NOTE | 0.67% | Treasury | US |
| — | JAPAN (GOVERNMENT OF) 10YR #2 | 0.67% | Corporate Bond | JP |
| — | CHINA PEOPLES REPUBLIC OF (GOVERNM | 0.63% | Corporate Bond | CN |
| — | TREASURY NOTE | 0.61% | Treasury | US |
| — | JAPAN (GOVERNMENT OF) 5YR #185 | 0.60% | Corporate Bond | JP |
| — | FRANCE (REPUBLIC OF) RegS | 0.58% | Corporate Bond | FR |
| — | TREASURY NOTE (OTR) | 0.57% | Treasury | US |
| — | JAPAN (GOVERNMENT OF) 2YR #485 | 0.57% | Corporate Bond | JP |
| — | TREASURY NOTE | 0.57% | Treasury | US |
| — | CASH COLLATERAL USD XBNPU | 0.57% | Cash/Money Market | US |
| — | JAPAN (GOVERNMENT OF) 10YR #1 | 0.56% | Corporate Bond | JP |
| — | JAPAN (GOVERNMENT OF) 5YR #183 | 0.56% | Corporate Bond | JP |
| — | JAPAN (GOVERNMENT OF) 2YR #484 | 0.55% | Corporate Bond | JP |
| — | CHINA PEOPLES REPUBLIC OF (GOVERNM | 0.54% | Corporate Bond | CN |
| — | CHINA PEOPLES REPUBLIC OF (GOVERNM | 0.53% | Corporate Bond | CN |
| — | GERMANY (FEDERAL REPUBLIC OF) RegS | 0.52% | Corporate Bond | DE |
| — | CHINA PEOPLES REPUBLIC OF (GOVERNM | 0.51% | Corporate Bond | CN |
| — | UK CONV GILT RegS | 0.50% | Corporate Bond | GB |
| — | UK CONV GILT RegS | 0.49% | Corporate Bond | GB |
| — | TREASURY BOND | 0.47% | Treasury | US |
| — | TREASURY NOTE | 0.46% | Treasury | US |
| — | TREASURY BOND | 0.46% | Treasury | US |
| — | UNITED KINGDOM OF GREAT BRITAIN AN RegS | 0.46% | Corporate Bond | GB |
| — | ITALY (REPUBLIC OF) | 0.46% | Corporate Bond | IT |
Non-Equity Breakdown
iShares Global Government Bond USD Hedged Active ETF ·
NPORT-P period 2026-07-31
(filed 2026-09-25)
Net assets:
$2.97B
· 1152 total positions
· equity 0.00%
· non-equity 95.19%
Non-equity holdings
— 1152 positions,
95.19% of NAV
| Category | Weight | Value | Positions |
|---|---|---|---|
| Non-US Sovereign | 58.87% | $1.75B | 607 |
| US Treasury | 33.07% | $980.9M | 71 |
| Short-term investment | 3.10% | $92.1M | 2 |
| Derivative (credit) | 0.44% | $13.0M | 2 |
| Derivative (interest rate) | 0.39% | $11.6M | 269 |
| Corporate | 0.02% | $460003 | 1 |
| Derivative (FX) | -0.70% | $-20707963 | 200 |
Chart
Seasonality
| Month | '25 | '26 | Avg |
|---|---|---|---|
| Jan | -- | -0.43% | -0.43% |
| Feb | -- | 0.62% | 0.62% |
| Mar | -- | 1.26% | 1.26% |
| Apr | -- | 1.10% | 1.10% |
| May | -- | 0.54% | 0.54% |
| Jun | -0.20% | 0.34% | 0.07% |
| Jul | -0.32% | -0.34% | -0.33% |
| Aug | 0.06% | 0.10% | 0.08% |
| Sep | 0.17% | -0.06% | 0.06% |
| Oct | 0.38% | 1.56%* | 0.97% |
| Nov | 0.11% | -- | 0.11% |
| Dec | -3.07% | -- | -3.07% |
| Total | -2.88% | 4.77% | 0.95% |
* Only 2 year(s) of data available.
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $49.89
SMA 50: $50.07
SMA 200: $49.69
Current: $50.26
EMA 12: $50.04
EMA 26: $50.01
MACD: 0.0354 | Signal: 0.0606
BEARISH
ADX (14): 50.41
STRONG TREND
+DI: 30.76
−DI: 11.01
Momentum Oscillators
RSI (14): 63.05
NEUTRAL
Stoch %K: 79.71
Stoch %D: 74.55
Williams %R: -20.69
Volume & Volatility
BB Upper: $50.43
BB Lower: $49.35
NEUTRAL
OBV: 32,340,306
Vol SMA 20: 646,616
Vol ROC: -27.54%
ATR: $0.36
True Range: $0.36
HV 20: 5.3%
HV 30: 4.5%
HV 60: 3.7%
Data Summary
Data Points: 335
Last Updated:
Date Range: 2025-06-26T00:00:00 – 2026-10-23T00:00:00
AI Analysis
LLM Stock Analysis Report
Executive Summary
Overall Assessment: NEUTRAL (Confidence Level: 6/10)
Key Drivers and Primary Risks: Recent price action is neutral, with no clear trend emerging. The stock is trading within a relatively narrow range, which suggests low volatility and limited upside/downside potential.
Investment Thesis: GGOV is an attractive opportunity for investors seeking stable returns without excessive risk. However, the lack of strong catalysts or momentum indicators may limit its appeal to more aggressive traders.
Recent News Sentiment Impact: The recent positive news headline from Benzinga (2025-06-30) has had a neutral impact on the stock's price action, as it was not accompanied by significant trading volume or dramatic price movements.
Technical Analysis
Trend Direction:
- Short-term: Neutral
- Medium-term: Uptrend
- Long-term: Sideways trend with possible long-term upside potential
Support/Resistance Levels: The SMA 20 and EMA 12 are serving as support levels, while the upper Bollinger Band ($50.40) is acting as resistance.
Momentum Signals:
- RSI interpretation: Neutral (52.55)
- MACD signal: Bullish (0.04 / Signal: -0.03 / Histogram: 0.07)
- Bollinger Bands position: Neutral
News & Sentiment Analysis
Recent Headlines Summary: The recent positive news headline from Benzinga suggests that GGOV is being favored by some market participants.
Sentiment Assessment: Positive (1/3)
Catalyst Identification: No clear catalysts are driving the stock's price action, which may limit its upside potential.
Risk & Volatility Assessment
Beta Interpretation: Low-risk investment with a beta of 0.03 relative to SPY.
Volatility Regime: The stock is experiencing low volatility, with historical volatility levels ranging from 3.1% to 4.7%.
Options Market Signals: No options data available.
Downside Protection: Support levels are in place at SMA 20 and EMA 12, which should help cushion any potential downside moves.
Market Context & Positioning
Sector Performance: GGOV is performing relatively well within its sector, with a moderate correlation (0.08) to the broader market.
Institutional Activity: No clear institutional activity signals are present in the options or trading volume data.
Correlation Analysis: The stock's price action is moderately correlated to the broader market.
Key Levels & Action Items
Critical Price Levels: SMA 20 and EMA 12 serve as support levels, while the upper Bollinger Band ($50.40) acts as resistance.
Breakout/Breakdown Levels: No clear breakout or breakdown levels are present in the technical indicators.
Time-Sensitive Catalysts: No immediate catalysts are driving the stock's price action.
Risk Management: Investors should focus on monitoring support and resistance levels, with a stop-loss strategy in place to manage potential losses.
Please note that this is just an example analysis and not actual investment advice. The provided data may be hypothetical or fictional.
Generated
News
All GGOV news →
GGOV Options Activity & IV Rank
Loading options activity...
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
30 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Risk Metrics
Beta: 0.0704
Alpha: -1.54%
Correlation: 0.1677
R-Squared: 2.8%
Stock Volatility: 5.3%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Low volatility - stock moves less than market
Beta & Alpha Over Time
GGOV Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
Constituent Performance
Click any bar to view the full quote for that stock.
Constituents
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|