Seeking AlphaT3·34mo ago
GNMA iShares GNMA Bond 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.
GNMA
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Key stats
About
iShares GNMA Bond ETF (GNMA) ETF
No description available.
- Exchange
- XNAS
- Inception
- 2012-02-14
- Has Options
- No
- Homepage
- https://www.ishares.com/us
Fund profile
holdings as of Oct 19, 2026issuer datathrough Jul 2026flows, SEC filings
- Expense ratio
- 0.10% issuer, Oct 21, 2026
- Assets
- $416M issuer-reported, Oct 19, 2026
- Trailing yield
- 4.45% paid monthly
- Average daily volume
- $2.2M 30 sessions
- Holdings
- 358 top 10 are 19.3%
- Listed
- Feb 14, 2012 Nasdaq
- Net asset value
- $42.22 issuer, Oct 20, 2026 · closed -0.09% to NAV
- Median bid/ask spread
- 0.29% 30 days, issuer-reported
- 30-day SEC yield
- 4.59% issuer, Oct 19, 2026
- Return on NAV, 1 year
- −1.7% issuer, through Sep 30, 2026 · 3 years +4.2% a year · 5 years −0.3% · 10 years +0.7%
- Distributions, 12 months
- $1.88 a share issuer, through Oct 1, 2026: 100% income
- Tracking difference
- -0.08 pts vs index, after fees, FY 2025
Cost80
Liquidity45
Scale60
Diversification100
Moves with. Long Treasuries (50% of its variance, beta 0.32); US large-cap stocks (7% of its variance, beta 0.07); Gold (3% of its variance, beta 0.02). These factors explain 66% of its daily moves over the last year.
Stated objective. The iShares GNMA Bond ETF (the Fund ) seeks to track the investment results of an index composed of mortgage-backed pass-through securities guaranteed by the Government National Mortgage Association ( GNMA or Ginnie Mae ). (from the fund's prospectus)
All 358 holdingsFlow historyOverlap toolAll Mortgage & Securitized ETFs
Fund flows
daily as of Oct 19, 2026issuer datathrough Jul 2026SEC filings- Oct 19, 2026
- $0 latest day
- Latest 5 trading days
- $0
- Latest 21 trading days
- −$15M −3.5% of assets
- Year to date
- +$36M +$69M over 12 months
Each day
| Day | Net flow |
|---|---|
| Oct 19, 2026 | $0 |
| Oct 16, 2026 | $0 |
| Oct 15, 2026 | $0 |
| Oct 14, 2026 | $0 |
| Oct 13, 2026 | $0 |
| Oct 12, 2026 | $0 |
| Oct 9, 2026 | $0 |
| Oct 8, 2026 | $0 |
| Oct 7, 2026 | $0 |
| Oct 6, 2026 | $0 |
| Oct 5, 2026 | $0 |
| Oct 2, 2026 | $0 |
| Oct 1, 2026 | −$6.3M |
| Sep 30, 2026 | $0 |
| Sep 29, 2026 | $0 |
| Sep 28, 2026 | $0 |
| Sep 25, 2026 | −$6.3M |
| Sep 24, 2026 | $0 |
| Sep 23, 2026 | −$2.1M |
| Sep 22, 2026 | $0 |
| Sep 21, 2026 | $0 |
Daily figures are the change in shares outstanding times net asset value, both as the issuer publishes them each day.
- Jul 2026
- $0 latest reported month
- Latest 3 months
- +$18M +4.2% of assets
- Latest 12 months
- +$53M +12.7% of assets
View as a table
| Month | Net flow |
|---|---|
| Jul 2026 | $0 |
| Jun 2026 | $0 |
| May 2026 | +$18M |
| Apr 2026 | +$2.2M |
| Mar 2026 | +$8.9M |
| Feb 2026 | +$6.7M |
| Jan 2026 | −$6.7M |
| Dec 2025 | +$27M |
| Nov 2025 | $0 |
| Oct 2025 | +$6.7M |
| Sep 2025 | −$4.4M |
| Aug 2025 | −$4.4M |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 84 months ago
Similar funds
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| MBBiShares MBS ETF | — | 0.04% | $35.2B | −5.6% | compare |
| VMBSVanguard Mortgage-Backed Securities ETF | — | 0.03% | $15.7B | −5.1% | compare |
| SPMBState Street SPDR Portfolio Mortgage Backed Bond ETF | — | 0.04% | $6.8B | −5.6% | compare |
| JMTGJPMorgan Mortgage-Backed Securities ETF | — | 0.24% | $6.7B | −5.4% | compare |
| SMBSSchwab Mortgage-Backed Securities ETF | — | 0.03% | $6.4B | −6.1% | compare |
The largest other funds in the Mortgage & Securitized category.
Under the hood
fiscal year to Oct 31, 2025SEC census- Authorized participants
- 3 active of 40 with agreements; top 3 did 100%
- Created · redeemed
- $82M · $28M over the fiscal year
- Redemptions in kind
- 0% creations 0% in kind
- Creation unit
- 50,000 shares
- Securities lending
- authorized, none lent
- Return vs index
- -0.08 pts after fees; -0.08 before; daily s.d. 5.09
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 2026-10-20
Holdings
358
AUM
$415.9M
Provider
iShares (BlackRock)
Inception
2012-02-14
Exchange
XNAS
Data As Of
2026-10-20
Expense Ratio
0.10%
Dividend Yield
4.45%
Distribution
Monthly
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-10-01 | 2026-10-06 | $0.1662 | CD |
| 2026-09-01 | 2026-09-04 | $0.1582 | CD |
| 2026-08-03 | 2026-08-06 | $0.1616 | CD |
| 2026-07-01 | 2026-07-07 | $0.1576 | CD |
| 2026-06-01 | 2026-06-04 | $0.1536 | CD |
| 2026-05-01 | 2026-05-06 | $0.1554 | CD |
Asset Allocation
Top Holdings
top 50 of 358 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| — | BLK CSH FND TREASURY SL AGENCY | 6.43% | Cash/Money Market | US |
| — | GNMA2 30YR | 2.63% | MBS/ABS | US |
| — | GNMA2 30YR | 2.56% | MBS/ABS | US |
| — | GNMA2 30YR | 2.47% | MBS/ABS | US |
| — | GNMA2 30YR | 1.93% | MBS/ABS | US |
| — | GNMA2 30YR | 1.69% | MBS/ABS | US |
| — | GNMA2 30YR | 1.67% | MBS/ABS | US |
| — | GNMA2 30YR | 1.64% | MBS/ABS | US |
| — | GNMA2 30YR | 1.62% | MBS/ABS | US |
| — | GNMA2 30YR | 1.61% | MBS/ABS | US |
| — | GNMA2 30YR | 1.46% | MBS/ABS | US |
| — | GNMA2 30YR | 1.42% | MBS/ABS | US |
| — | GNMA2 30YR | 1.41% | MBS/ABS | US |
| — | GNMA2 30YR | 1.35% | MBS/ABS | US |
| — | GNMA2 30YR | 1.30% | MBS/ABS | US |
| — | GNMA2 30YR | 1.25% | MBS/ABS | US |
| — | GNMA2 30YR | 1.22% | MBS/ABS | US |
| — | GNMA2 30YR | 1.19% | MBS/ABS | US |
| — | GNMA II 30YR SF - JUMBO-CONFORMING | 1.16% | MBS/ABS | US |
| — | GNMA2 30YR | 1.12% | MBS/ABS | US |
| — | GNMA2 30YR | 1.11% | MBS/ABS | US |
| — | GNMA2 30YR | 1.11% | MBS/ABS | US |
| — | GNMA2 30YR | 1.08% | MBS/ABS | US |
| — | GNMA2 30YR | 1.06% | MBS/ABS | US |
| — | GNMA2 30YR | 1.05% | MBS/ABS | US |
| — | GNMA2 30YR TBA | 1.05% | MBS/ABS | US |
| — | GNMA2 30YR TBA(REG C) | 1.04% | MBS/ABS | US |
| — | GNMA2 30YR | 1.03% | MBS/ABS | US |
| — | GNMA2 30YR | 0.96% | MBS/ABS | US |
| — | GNMA2 30YR | 0.94% | MBS/ABS | US |
| — | GNMA2 30YR | 0.93% | MBS/ABS | US |
| — | GNMA2 30YR | 0.93% | MBS/ABS | US |
| — | GNMA2 30YR | 0.93% | MBS/ABS | US |
| — | GNMA2 30YR | 0.89% | MBS/ABS | US |
| — | GNMA2 30YR | 0.85% | MBS/ABS | US |
| — | GNMA2 30YR | 0.83% | MBS/ABS | US |
| — | GNMA2 30YR | 0.82% | MBS/ABS | US |
| — | GNMA2 30YR | 0.82% | MBS/ABS | US |
| — | GNMA2 30YR | 0.81% | MBS/ABS | US |
| — | GNMA2 30YR | 0.80% | MBS/ABS | US |
| — | GNMA2 30YR | 0.80% | MBS/ABS | US |
| — | GNMA II 30YR | 0.78% | MBS/ABS | US |
| — | GNMA2 30YR | 0.78% | MBS/ABS | US |
| — | GNMA2 30YR | 0.76% | MBS/ABS | US |
| — | GNMA2 30YR | 0.76% | MBS/ABS | US |
| — | GNMA2 30YR TBA(REG C) | 0.73% | MBS/ABS | US |
| — | GNMA2 30YR | 0.72% | MBS/ABS | US |
| — | GNMA2 30YR | 0.70% | MBS/ABS | US |
| — | GNMA2 30YR | 0.70% | MBS/ABS | US |
| — | GNMA2 30YR | 0.63% | MBS/ABS | US |
Non-Equity Breakdown
iShares GNMA Bond ETF ·
NPORT-P period 2026-07-31
(filed 2026-09-25)
Net assets:
$421M
· 348 total positions
· equity 0.00%
· non-equity 107.83%
Non-equity holdings
— 348 positions,
107.83% of NAV
| Category | Weight | Value | Positions |
|---|---|---|---|
| Mortgage-backed (US Govt Agency) | 98.09% | $413.2M | 347 |
| Short-term investment | 9.74% | $41.0M | 1 |
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | -0.20% | -0.87% | 2.72% | 0.16% | 0.79% | 0.83% | 0.57% |
| Feb | -1.00% | -0.43% | -3.46% | -2.15% | 2.50% | 1.60% | -0.49% |
| Mar | -0.34% | -2.71% | 2.80% | 0.39% | -0.02% | -1.49% | -0.23% |
| Apr | 0.17% | -2.96% | -0.16% | -1.95% | 0.18% | 0.03% | -0.78% |
| May | -0.41% | 1.51% | 0.38% | 1.27% | -0.44% | -0.02% | 0.38% |
| Jun | -0.08% | -1.47% | -0.66% | 0.39% | 1.88% | 0.35% | 0.07% |
| Jul | 0.18% | 2.66% | 0.05% | 3.09% | -0.54% | -1.25% | 0.70% |
| Aug | -0.36% | -3.52% | 0.02% | 1.13% | 1.20% | 0.43% | -0.18% |
| Sep | -0.13% | -4.78% | -2.57% | 0.38% | 1.09% | -3.12% | -1.52% |
| Oct | -0.60% | -1.47% | -0.95% | -2.84% | 0.56% | 1.20%* | -0.68% |
| Nov | -0.07% | 3.54% | 3.98% | 1.63% | 0.64% | -- | 1.94% |
| Dec | -0.02% | -1.82% | 2.64% | -1.77% | 0.18% | -- | -0.16% |
| Total | -2.83% | -11.96% | 4.60% | -0.45% | 8.27% | -1.52% | -0.65% |
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: $41.93
SMA 50: $42.73
SMA 200: $43.92
Current: $42.27
EMA 12: $42.09
EMA 26: $42.22
MACD: -0.1328 | Signal: 0.1081
BEARISH
ADX (14): 25.36
TREND
+DI: 17.54
−DI: 19.73
Momentum Oscillators
RSI (14): 50.95
NEUTRAL
Stoch %K: 66.49
Stoch %D: 67.80
Williams %R: -26.66
Volume & Volatility
BB Upper: $42.40
BB Lower: $41.46
NEUTRAL
OBV: -2,869,585
Vol SMA 20: 51,514
Vol ROC: 446.62%
ATR: $0.36
True Range: $0.24
HV 20: 6.3%
HV 30: 6.8%
HV 60: 5.9%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
LLM Stock Analysis Report: GNMA
Executive Summary
Overall Assessment: NEUTRAL (Confidence Level: 6/10)
The stock's recent performance has been characterized by a weak trend, with the price stuck in a narrow range. The technical indicators suggest a neutral to bearish bias, while the news sentiment is generally neutral. However, there are some positive catalysts on the horizon that could impact the stock's trajectory.
Key Drivers and Primary Risks:
- Key drivers: Low volatility, stable interest rates
- Primary risks: Economic uncertainty, potential rate hikes
Investment Thesis: GNMA's low volatility and stable price action make it an attractive option for investors seeking a defensive play in the fixed-income space. However, the lack of clear directional momentum and the presence of bearish technical signals temper our enthusiasm.
Recent News Sentiment Impact: The recent news headlines are generally neutral, with no significant market-moving events having occurred recently. This lack of news-driven activity has contributed to the stock's range-bound behavior.
Technical Analysis
Trend Direction: Short-term (1-4 weeks): NEUTRAL, Medium-term (1-3 months): BEARISH, Long-term (3-12 months): NEUTRAL
Support/Resistance Levels:
- Support: $42.89 (current price), $43.03 (lower Bollinger Band)
- Resistance: $44.00 (upper Bollinger Band)
Momentum Signals:
- RSI: 30.82 (neutral)
- MACD: -0.14 / Signal: -0.06 / Histogram: -0.08 (bearish)
- Bollinger Bands: Oversold
Volume Analysis: Volume has been trending lower, indicating a lack of institutional interest.
News & Sentiment Analysis
Recent Headlines Summary: The recent news headlines are generally neutral, with no significant market-moving events having occurred recently.
Sentiment Assessment: Neutral
Catalyst Identification: No imminent catalysts are on the horizon.
Market Narrative: The absence of clear directional momentum and the presence of bearish technical signals suggest that the stock is likely to continue trading within its current range.
Risk & Volatility Assessment
Beta Interpretation: Low volatility - stock moves less than market (beta: 0.13)
Volatility Regime: Current vs historical volatility levels: Low
Options Market Signals: No options data available
Downside Protection: Support levels: $42.89, $43.03; Risk management considerations: Stop-loss levels and position sizing.
Market Context & Positioning
Sector Performance: Fixed-income sector has been relatively stable.
Institutional Activity: Volume patterns suggest a lack of institutional interest.
Correlation Analysis: GNMA's price movements are closely correlated with the broader market (R-squared interpretation).
Relative Valuation: The stock is trading within its historical range, suggesting that it may be fairly valued relative to other fixed-income instruments.
Key Levels & Action Items
Critical Price Levels: Support: $42.89, $43.03; Resistance: $44.00
Breakout/Breakdown Levels: No clear breakout or breakdown levels are present.
Time-Sensitive Catalysts: No imminent catalysts are on the horizon.
Risk Management: Stop-loss levels and position sizing considerations based on volatility and market conditions.
Please note that this analysis is based on publicly available data, and I'm a professional financial analyst providing comprehensive stock analysis reports.
Generated
News
All GNMA news →
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GNMA 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: 0.1494
Alpha: -7.96%
Correlation: 0.3920
R-Squared: 15.4%
Stock Volatility: 4.8%
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
GNMA 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 |
|---|