iShares 25+ Year Treasury STRIPS Bond ETF

GOVZ

Market cap $299M

Overview Fund Activity

9.68 USD

-0.19

1.93%

At close Updated Sep 18, 4:00 PM EDT

Pre-market

After hours

9.68

0.00

0%

1 day

-1.93%

5 days

-1.02%

1 month

5.68%

3 months

3.42%

6 months

-6.02%

Year to date

-2.22%

1 year

-20.07%

5 years

-61.6%

10 years

-61.6%

0

Funds holding %

of 7,463 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

3% less funds holding

Funds holding: 35 [Q1] → 34 (-1) [Q2]

2.89% less ownership

Funds ownership: 24.04% [Q1] → 21.16% (-2.89%) [Q2]

17% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 6

19% less capital invested

Capital invested by funds: $70.6M [Q1] → $57.5M (-$13.1M) [Q2]

27% less call options, than puts

Call options by funds: $274K | Put options by funds: $377K

59% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 17

100% less funds holding in top 10

Funds holding in top 10: 1 [Q1] → 0 (-1) [Q2]

See Fund Rankings

Financial journalist opinion

GOVZ: Attractive Only When Fiscal Discipline Returns

The iShares 25+ Year Treasury STRIPS Bond ETF (GOVZ) tracks an index of U.S. Treasury STRIPS with maturities of 25+ years, holding 22 zero-coupon securities with no credit risk. With a duration of 26.6 years, GOVZ is highly sensitive to interest rate changes; a 1% yield drop increases its price by ~26.6%, making it more volatile than its peers. Since early 2025, the U.S. yield curve's front end (controlled by Fed policy) has flattened, while the long end (10+ years) has widened, reflecting market concerns over fiscal deficits.

GOVZ: Attractive Only When Fiscal Discipline Returns

GOVZ: Perhaps Not The Time For Duration Bets

The iShares 25+ Year Treasury STRIPS Bond ETF faces pressure from inflation expectations impacting structural rates. GOVZ's long duration and sensitivity to long-term rate changes make it vulnerable to inflation re-anchoring. GOVZ is too speculative, given the uncertain rate environment and the potential for inflation to be harder to control than anticipated.

GOVZ: Perhaps Not The Time For Duration Bets

What's Going On With Treasury Rates?

We think the Fed has time to assess the impact of tariffs, and we expect it to wait to cut rates until the data show that tariffs are impacting the real economy. So far, there are no signs of recession in the hard data. The tariff pause offers the possibility to avoid worst-case economic scenarios before the damage is crystalized. We believe technical factors will continue to drive market dislocations in spreads and sectors, and that active managers can navigate this more effectively.

What's Going On With Treasury Rates?

Zacks Investment Research

Treasury ETFs Gain as Slowdown, Tariff Fears Hit Yields

The 10-year yields drop to the lowest level since December, driving Treasury ETFs higher.

Treasury ETFs Gain as Slowdown, Tariff Fears Hit Yields

GOVZ: When Do You Step In To Buy Treasuries?

We previously issued a “Strong Sell” on iShares 25+ Year Treasury STRIPS Bond ETF, as the model we follow showed an extreme level of overvaluation. GOVZ's long duration makes it highly sensitive to yield changes, with an effective duration of 26.57 years. We dissect the current data and tell you why Treasuries are beginning to look appealing.

GOVZ: When Do You Step In To Buy Treasuries?

GOVZ: A Pure Play Way Of Betting On Treasuries

Investing in STRIPS, especially through the iShares 25+ Year Treasury STRIPS Bond ETF, offers a pure play on long-term interest rates without regular coupon payments. GOVZ holds U.S. Treasury STRIPS with an average maturity of 27.21 years, making it highly sensitive to interest rate changes and ideal for targeting specific durations. GOVZ's unmatched duration exposure is beneficial for investors predicting long-term rate drops, though it carries significant risks if rates rise due to its high sensitivity.

GOVZ: A Pure Play Way Of Betting On Treasuries

Rates Spark: ECB Presser Bear-Flattened The Curve

The ECB cut rates by 25bp as widely anticipated, but a slightly hawkish tilt bear flattened the EUR curve, which in our view remains priced aggressively. In the US, as the markets head towards the Fed's first rate cut, the probability of a larger cut rose slightly on Thursday.

Rates Spark: ECB Presser Bear-Flattened The Curve

Zacks Investment Research

Top and Flop ETFs of Last Week

We have highlighted three ETFs each from the best and worst-performing zones of last week.

Top and Flop ETFs of Last Week

Zacks Investment Research

ETFs Soaring on Treasuries' Longest Winning Streak in 3 Years

Treasuries are poised for their longest monthly winning streak in three years on September rate cut bets.

ETFs Soaring on Treasuries' Longest Winning Streak in 3 Years

Zacks Investment Research

Treasury ETFs Gaining on Slowdown Concerns, Rate Cut Bets

The recent equity rout has led investors to seek refuge in Treasury securities, perceived as safe-haven assets.

Treasury ETFs Gaining on Slowdown Concerns, Rate Cut Bets

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