The Motley FoolT3·5mo ago
GOVI Invesco Exchange-Traded Fund Trust II Invesco Equal Weight 0-30 Year Treasury 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.
GOVI
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Key stats
About
Invesco Exchange-Traded Fund Trust II Invesco Equal Weight 0-30 Year Treasury ETF (GOVI) ETF
No description available.
- Exchange
- XNAS
- Inception
- 2007-10-11
- Has Options
- No
Fund profile
holdings as of May 31, 2026SEC filingthrough May 2026flows, SEC filings
- Expense ratio
- 0.15% prospectus, filed Dec 18, 2025
- Assets
- $1.2B shares × price, Oct 21, 2026
- Trailing yield
- 4.12% paid monthly
- Average daily volume
- $7.6M 30 sessions
- Holdings
- 31 top 10 are 33.4%
- Listed
- Oct 11, 2007 Nasdaq
- Last fee change
- -10 bp filed Jun 23, 2023
- Tracking difference
- -0.13 pts vs index, after fees, FY 2025
Cost70
Liquidity63
Scale77
Diversification60
Moves with. Long Treasuries (78% of its variance, beta 0.55); High yield over Treasuries (10% of its variance, beta -0.29); US large-cap stocks (5% of its variance, beta 0.08). These factors explain 94% of its daily moves over the last year.
Stated objective. The Invesco Equal Weight 0-30 Year Treasury ETF (the Fund) seeks to track the investment results (before fees and expenses) of the ICE 1-30 Year Laddered Maturity US Treasury Index (the Underlying Index). (from the fund's prospectus)
All 31 holdingsFlow historyOverlap toolAll Long-Term Treasury ETFs
Fund flows
through May 2026SEC filings- May 2026
- +$6.0M latest reported month
- Latest 3 months
- +$160M +13.5% of assets
- Latest 12 months
- +$314M +26.5% of assets
View as a table
| Month | Net flow |
|---|---|
| May 2026 | +$6.0M |
| Apr 2026 | +$145M |
| Mar 2026 | +$8.9M |
| Feb 2026 | +$173M |
| Jan 2026 | −$3.3M |
| Dec 2025 | −$20M |
| Nov 2025 | −$166M |
| Oct 2025 | +$1.8M |
| Sep 2025 | +$95M |
| Aug 2025 | +$8.4M |
| Jul 2025 | +$28M |
| Jun 2025 | +$37M |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 81 months ago
Similar funds
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| TLTiShares 20+ Year Treasury Bond ETF | — | 0.15% | $47.4B | −12.3% | compare |
| TLHiShares 10-20 Year Treasury Bond ETF | — | 0.15% | $11.8B | −10.2% | compare |
| SPTLState Street SPDR Portfolio Long Term Treasury ETF | — | 0.03% | $11.5B | −11.0% | compare |
| VGLTVanguard Long-Term Treasury ETF | — | 0.03% | $10.7B | −11.4% | compare |
| EDVVanguard World Funds Extended Duration ETF | — | 0.05% | $3.8B | −17.9% | compare |
The largest other funds in the Long-Term Treasury category.
Under the hood
fiscal year to Aug 31, 2025SEC census- Authorized participants
- 6 active of 41 with agreements; top 3 did 79%
- Created · redeemed
- $649M · $461M over the fiscal year
- Redemptions in kind
- 100% creations 100% in kind
- Creation unit
- 10,000 shares
- Securities lending
- 0.12% of assets on loan on average; earned 0.4 bp
- Return vs index
- -0.13 pts after fees; +0.03 before; daily s.d. 0.49
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 2026-05-31
Holdings
31
AUM
$1.2B
Provider
Nport
Inception
2007-10-11
Exchange
XNAS
Data As Of
2026-05-31
Expense Ratio
0.15%
Dividend Yield
4.12%
Distribution
Monthly
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-10-19 | 2026-10-23 | $0.0921 | CD |
| 2026-09-21 | 2026-09-25 | $0.0926 | CD |
| 2026-08-24 | 2026-08-28 | $0.0924 | CD |
| 2026-07-20 | 2026-07-24 | $0.0915 | CD |
| 2026-06-22 | 2026-06-26 | $0.0901 | CD |
| 2026-05-18 | 2026-05-22 | $0.0840 | CD |
Asset Allocation
Top Holdings
top 31 of 31 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| — | U.S. Treasury Notes | 3.39% | Debt | US |
| — | U.S. Treasury Bonds | 3.37% | Debt | US |
| — | U.S. Treasury Notes | 3.37% | Debt | US |
| — | U.S. Treasury Bonds | 3.36% | Debt | US |
| — | U.S. Treasury Notes | 3.35% | Debt | US |
| — | U.S. Treasury Bonds | 3.33% | Debt | US |
| — | U.S. Treasury Notes | 3.32% | Debt | US |
| — | U.S. Treasury Notes | 3.32% | Debt | US |
| — | U.S. Treasury Notes | 3.31% | Debt | US |
| — | U.S. Treasury Bonds | 3.31% | Debt | US |
| — | U.S. Treasury Bonds | 3.31% | Debt | US |
| — | U.S. Treasury Bonds | 3.30% | Debt | US |
| — | U.S. Treasury Bonds | 3.29% | Debt | US |
| — | U.S. Treasury Bonds | 3.29% | Debt | US |
| — | U.S. Treasury Bonds | 3.29% | Debt | US |
| — | U.S. Treasury Bonds | 3.28% | Debt | US |
| — | U.S. Treasury Bonds | 3.27% | Debt | US |
| — | U.S. Treasury Bonds | 3.27% | Debt | US |
| — | U.S. Treasury Bonds | 3.27% | Debt | US |
| — | U.S. Treasury Bonds | 3.27% | Debt | US |
| — | U.S. Treasury Bonds | 3.26% | Debt | US |
| — | U.S. Treasury Bonds | 3.26% | Debt | US |
| — | U.S. Treasury Bonds | 3.26% | Debt | US |
| — | U.S. Treasury Bonds | 3.26% | Debt | US |
| — | U.S. Treasury Bonds | 3.26% | Debt | US |
| — | U.S. Treasury Bonds | 3.26% | Debt | US |
| — | U.S. Treasury Bonds | 3.25% | Debt | US |
| — | U.S. Treasury Notes/Bonds | 3.25% | Debt | US |
| — | U.S. Treasury Bonds | 3.25% | Debt | US |
| — | U.S. Treasury Bonds | 3.25% | Debt | US |
| — | Invesco Government & Agency Portfolio | 0.01% | Short-term investment | US |
Non-Equity Breakdown
Invesco Equal Weight 0-30 Year Treasury ETF ·
NPORT-P period 2026-05-31
(filed 2026-07-28)
Net assets:
$1.18B
· 31 total positions
· equity 0.00%
· non-equity 98.83%
Non-equity holdings
— 31 positions,
98.83% of NAV
| Category | Weight | Value | Positions |
|---|---|---|---|
| US Treasury | 98.82% | $1.17B | 30 |
| Short-term investment | 0.01% | $109183 | 1 |
Chart
Seasonality
| Month | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|
| Jan | -- | -0.70% | 0.26% | -0.20% | -0.21% |
| Feb | -- | -3.09% | 3.02% | 3.03% | 0.99% |
| Mar | -- | 0.11% | -1.07% | -2.57% | -1.18% |
| Apr | -- | -3.36% | -1.04% | -0.74% | -1.71% |
| May | -- | 1.37% | -1.85% | -0.25% | -0.24% |
| Jun | -- | 0.22% | 2.23% | 0.41% | 0.95% |
| Jul | -- | 3.85% | -1.09% | -2.68% | 0.03% |
| Aug | 1.09% | 0.67% | -0.65% | -0.05% | 0.27% |
| Sep | -4.15% | 0.31% | 2.10% | -3.88% | -1.41% |
| Oct | -2.23% | -4.65% | 0.40% | 1.58%* | -1.23% |
| Nov | 4.45% | 1.92% | 0.34% | -- | 2.24% |
| Dec | 3.97% | -4.08% | -0.86% | -- | -0.32% |
| Total | 2.88% | -7.54% | 1.67% | -5.41% | -2.10% |
* Only 4 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: $25.45
SMA 50: $25.95
SMA 200: $26.90
Current: $25.72
EMA 12: $25.59
EMA 26: $25.66
MACD: -0.0642 | Signal: 0.0773
BEARISH
ADX (14): 28.30
TREND
+DI: 25.70
−DI: 29.71
Momentum Oscillators
RSI (14): 52.38
NEUTRAL
Stoch %K: 72.00
Stoch %D: 75.05
Williams %R: -22.29
Volume & Volatility
BB Upper: $25.83
BB Lower: $25.08
NEUTRAL
OBV: 3,528,668
Vol SMA 20: 319,389
Vol ROC: -52.48%
ATR: $0.18
True Range: $0.15
HV 20: 7.0%
HV 30: 7.8%
HV 60: 7.1%
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: GOVI
Executive Summary
Overall Assessment: NEUTRAL with confidence level 6/10
Key Drivers:
- Technical signals indicate a range-bound market, with no clear trend direction
- Recent news headlines are neutral, with no significant impact on stock price
Primary Risks:
- Low volatility and beta suggest the stock is less sensitive to market movements
- Range-bound market may lead to trading-range congestion
Investment Thesis: GOVI's current price action suggests a range-bound market, where price oscillates between $26.24 and $26.62. This neutral environment may be conducive to trading-range congestion, making it challenging to predict significant price moves.
Recent News Sentiment Impact: The recent news headlines are mostly neutral, with no significant impact on the stock's price action.
Technical Analysis
Trend Direction:
- Short-term (1-4 weeks): Range-bound
- Medium-term (1-3 months): Range-bound
- Long-term (3-12 months): Uptrend
Support/Resistance Levels:
- Lower Bollinger Band: $26.24
- Middle Bollinger Band: $26.43
- Upper Bollinger Band: $26.62
- SMA 20: $26.43
- SMA 50: $26.61
- SMA 200: $27.23
Momentum Signals:
- RSI (14): 45.10 (neutral)
- MACD signal: -0.06 / Signal: -0.00 / Histogram: -0.06 (bearish)
Volume Analysis:
- Volume SMA 20: 119862.82
- On-Balance Volume (OBV): 4932961.04
- Volume Rate of Change: -15.64%
News & Sentiment Analysis
Recent Headlines Summary: The recent news headlines are mostly neutral, with no significant impact on the stock's price action.
Sentiment Assessment: The overall sentiment is NEUTRAL, with 5 out of 6 news headlines having a neutral sentiment.
Catalyst Identification: No specific catalysts identified, as the market remains range-bound.
Market Narrative: The market narrative suggests that GOVI's current price action is driven by its underlying technical signals and recent news headlines, which have no significant impact on the stock's price.
Risk & Volatility Assessment
Beta Interpretation: Beta: 0.13 (vs SPY) - Low volatility - stock moves less than market
Volatility Regime: Current vs historical volatility levels: Low volatility - stock has historically moved less than the market
Options Market Signals: No options data available
Downside Protection: Support levels and risk management considerations: $26.24 (lower Bollinger Band), $26.43 (SMA 20)
Market Context & Positioning
Sector Performance: Relative strength vs sector/market: Neutral, as GOVI is not outperforming or underperforming its peers
Institutional Activity: Volume patterns suggesting institutional interest: No significant activity observed
Correlation Analysis: How stock moves relative to market (R-squared interpretation): Low correlation - stock moves independently of the market
Relative Valuation: Position within trading range: GOVI is currently in a neutral range, with no clear uptrend or downtrend
Key Levels & Action Items
Critical Price Levels:
- Lower Bollinger Band: $26.24
- Middle Bollinger Band: $26.43
- Upper Bollinger Band: $26.62
Breakout/Breakdown Levels: No specific levels identified, as the market remains range-bound.
Time-Sensitive Catalysts: No specific catalysts identified, as the market remains range-bound.
Risk Management: Stop-loss levels and position sizing considerations:
- Stop-loss: $25.98 (below SMA 20)
- Position sizing: 5-7% of total portfolio
By analyzing GOVI's technical indicators, news headlines, and risk metrics, we conclude that the stock is currently in a range-bound market with low volatility. This environment may be conducive to trading-range congestion, making it challenging to predict significant price moves. As such, our overall assessment is NEUTRAL with confidence level 6/10.
Generated
News
All GOVI news →
The Motley FoolT3·6mo ago
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GOVI 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: 0.1726
Alpha: -11.90%
Correlation: 0.3359
R-Squared: 11.3%
Stock Volatility: 6.5%
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
GOVI 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 |
|---|