Invesco Total Return Bond ETF

Price: $44.33
Change: $0.3 (-0.01%)
Category: Total Bond Market
Last Updated:


Issuer Invesco
Brand Invesco
Structure ETF
Expense Ratio 0.25%
ETF Home Page Home page
Inception Feb 10, 2016
Index Tracked ACTIVE - No Index

Analyst Report

The Invesco Total Return Bond ETF is an actively-managed fund that invests in debt securities, including corporate debt, asset-backed loans, mortgage-backed securities, bank loans, municipal bonds and sovereign debt. The fund may invest up to a third of its portfolio in debt issued by junk-rated borrowers, and it may own distressed securities. The fund fees are competitive with other actively-managed debt ETFs, but still higher than index ETFs offering broad fixed income exposure. Investors should note that active fixed income money managers have a far better track record beating the market than their stock-picking peers. Investors should compare fees, liquidity and returns against ETFs pegged to broad fixed income indices, such as the iShares Core U.S. Aggregate Bond ETF (AGG) or the Vanguard Total Bond Market ETF (BND).

ETF Database Themes

Asset Class Bond
Region (General) North America
Region (Specific) U.S.
Bond Type(s) Total Bond Market
Bond Duration All-Term

FactSet Classifications

Segment Fixed Income: Global - Broad Market, Broad-based
Category Broad Market, Broad-based
Focus Broad Credit
Niche Broad Maturities
Strategy Active
Weighting Scheme Proprietary

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $42.54
  • 52 Week Hi $47.52
  • AUM $982.1 M
  • Shares 22.0 M

Historical Trading Data

  • 1 Month Avg. Volume 137,152
  • 3 Month Avg. Volume 152,128

Alternative ETFs in the ETF Database Total Bond Market Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest BKAG 0.00% $527.5 M 100,695 -1.88%
Largest (AUM) BND 0.03% $94.7 B 6 M -1.85%
Most Liquid (Volume) AGG 0.03% $90.2 B 8 M -1.99%
Top YTD Performer SEIX 0.57% $88.9 M 21,155 9.23%

Alternative ETFs in the FactSet Fixed Income: Global - Broad Market, Broad-based Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest GRNB 0.20% $74.8 M 10,026 -0.06%
Largest (AUM) FBND 0.25% $5.1 B 809,362 -0.84%
Most Liquid (Volume) FBND 0.25% $5.1 B 809,362 -0.84%
Top YTD Performer AFIF 1.00% $107.0 M 48,500 5.77%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

GTO ETF Database Category Average FactSet Segment Average
Number of Holdings 1000 1406 562
% of Assets in Top 10 45.86% 37.02% 42.30%
% of Assets in Top 15 54.75% 42.45% 47.66%
% of Assets in Top 50 79.49% 65.78% 69.59%

Size Comparison

GTO ETF Database Category Average FactSet Segment Average
Large (>12.9B) N/A N/A N/A
Mid (>2.7B) N/A N/A N/A
Small (>600M) N/A N/A N/A
Micro (<600M) N/A N/A N/A

GTO Valuation

This section compares the P/E ratio of this ETF to its peers.

P/E Ratio
ETF Database Category Average
P/E Ratio
FactSet Segment Average
P/E Ratio

GTO Dividend

This section compares the dividend yield of this ETF to its peers.

GTO ETF Database Category Average FactSet Segment Average
Dividend $ 0.15 $ 0.16 $ 0.12
Dividend Date 2023-09-18 N/A N/A
Annual Dividend Rate $ 1.91 $ 1.65 $ 1.22
Annual Dividend Yield 4.29% 4.07% 3.89%

GTO Price and Volume Charts

View charts featuring GTO price and volume data.

GTO Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: 6.7 M 1 Month Net Flows: 6.7 M 3 Month Net Flows: 36.71 M 6 Month Net Flows: 93.05 M 1 Year Net Flows: 237.77 M 3 Year Net Flows: 836.39 M 5 Year Net Flows: 1.18 B 10 Year Net Flows: 1.2 B

GTO Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.

5 Day Net AUM Change: -3.33 M
1 Month Net AUM Change: -20.03 M
3 Month Net AUM Change: -5.42 M
6 Month Net AUM Change: 45.02 M
1 Year Net AUM Change: 196.93 M
3 Year Net AUM Change: 588.64 M
5 Year Net AUM Change: 940.82 M
10 Year Net AUM Change: 982.08 M

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for GTO on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Total Bond Market with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity A- AGG
Expenses C+ SCHZ

A+ Overall Rated ETF:

GTO Expenses & Fees

This section compares the cost efficiency of this ETF to its peers.

Expenses Ratio Analysis

Expense Ratio
ETF Database Category Average
Expense Ratio
FactSet Segment Average
Expense Ratio

Tax Analysis

Max ST Capital Gains Rate 39.60%
Max LT Capital Gains Rate 20.00%
Tax On Distributions Ordinary income
Distributes K1 No
ESG Themes and Scores

GTO does not have an ESG score. There are no ESG themes that map to this ETF.

GTO Performance

This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.

GTO ETF Database
Category Average
Factset Segment
1 Month Return -2.80% -2.12% -2.20%
3 Month Return -3.56% -2.36% -2.47%
YTD Return -1.68% 0.33% -0.11%
1 Year Return 1.30% 2.17% 1.91%
3 Year Return -3.90% -2.07% -1.53%
5 Year Return 1.42% 0.31% 0.15%

Geographic Exposure

The following charts reflect the geographic spread of GTO's underlying holdings.

Holdings Analysis

The following charts reflect the allocation of GTO's underlying holdings.

Asset Percentage
Corporate 36.21%
Mortgage Backed Security 17.35%
Sovereign 16.28%
Asset Backed Security 14.79%
CASH 10.47%
Other 3.27%
Preferred 1.35%
Municipal 0.18%
Exchange Traded Fund (ETF-ETF) 0.04%
Bond Sector Percentage
Maturity Percentage
Less Than 1 Year 0.0%
1-3 Years 0.0%
3-5 Years 0.0%
5-7 Years 0.0%
7-10 Years 0.0%
10-15 Years 0.0%
15-20 Years 0.0%
20-30 Years 0.0%
30+ Years 0.0%
Asset Percentage
Corporate 36.21%
Mortgage Backed Security 17.35%
Sovereign 16.28%
Asset Backed Security 14.79%
CASH 10.47%
Other 3.27%
Preferred 1.35%
Municipal 0.18%
Exchange Traded Fund (ETF-ETF) 0.04%

GTO Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETF Database Category.

5 Day Volatility 11.96%
20 Day Volatility 5.10%
50 Day Volatility 5.75%
200 Day Volatility 5.75%
Beta 0.22
Standard Deviation 1.00%
5 Day Volatility
89 of 127

20 Day Volatility
50 of 127

50 Day Volatility
55 of 127

200 Day Volatility
52 of 127

45 of 126

Standard Deviation
21 of 122


  • 20 Day MA $45.11
  • 60 Day MA $45.52
  • MACD 15 Period -0.69
  • MACD 100 Period -1.32
  • Williams % Range 10 Day 97.25
  • Williams % Range 20 Day 97.60
  • RSI 10 Day 24
  • RSI 20 Day 32
  • RSI 30 Day 37
  • Ultimate Oscillator 36

Bollinger Bands

  • Lower Bollinger (10 Day) $44.27
  • Upper Bollinger (10 Day) $45.41
  • Lower Bollinger (20 Day) $44.43
  • Upper Bollinger (20 Day) $45.81
  • Lower Bollinger (30 Day) $44.52
  • Upper Bollinger (30 Day) $45.93

Support & Resistance

  • Support Level 1 $44.26
  • Support Level 2 $44.18
  • Resistance Level 1 $44.45
  • Resistance Level 2 $44.56


  • Stochastic Oscillator %D (1 Day) 33.08
  • Stochastic Oscillator %D (5 Day) 20.96
  • Stochastic Oscillator %K (1 Day) 38.30
  • Stochastic Oscillator %K (5 Day) 21.61


  • Tracking Difference Median (%) n/a
  • Tracking Difference Max Upside (%) n/a
  • Tracking Difference Max Downside (%) n/a
  • Median Premium Discount (%) 0.01
  • Maximum Premium Discount (%) 0.51
  • Average Spread (%) 1.39
  • Average Spread ($) 1.39

Financial Advisor Report

ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.

Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.

Data Lineage

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