This ETF offers broad-based exposure to investment grade U.S. bonds, making GVI a building block for any investor constructing a balanced long-term portfolio as well as a potentially attractive safe haven for investors pulling money out of equity markets. While GVI can potentially be a one stop shop for fixed income exposure, a close look at the composition of this fund is advised. Many may find the significant allocations to MBS and Treasuries somewhat insufficient for their return objectives; increased corporate bond exposure through LQD may result in a better balance and more attractive return. Furthermore, the fund only has securities that are maturing in less than ten years, foregoing the rest of the spectrum. While this will help to decrease credit risk and interest rate risk, the overall yield will suffer as well. While GVI includes hundreds of individual securities, this ETF actually only holds a fraction of the bonds that make up the underlying benchmark; the sampling strategy employed avoids illiquid issues, but may lead to tracking error. GVI has reasonable levels of liquidity— there are more liquid options out there— but the expense ratio for this fund is pretty low and is among the lowest in the Category. However, for investors looking to avoid compounding costs and tracking error, the broad-based BND may be a better option for U.S. fixed income exposure, although GVI is certainly a viable option for those seeking short-dated securities in their portfolio.
Segment | Fixed Income: U.S. - Broad Market, Broad-based Investment Grade Intermediate |
Category | Broad Market, Broad-based |
Focus | Investment Grade |
Niche | Intermediate |
Strategy | Vanilla |
Weighting Scheme | Market Value |
This section compares how balanced and deep this ETF is relative to its peers.
GVI | ETF Database Category Average | FactSet Segment Average | |
---|---|---|---|
Number of Holdings | 4995 | 1293 | 3270 |
% of Assets in Top 10 | 9.68% | 33.20% | 12.87% |
% of Assets in Top 15 | 13.27% | 37.90% | 17.70% |
% of Assets in Top 50 | 30.47% | 56.73% | 37.11% |
GVI | 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 |
This section compares the P/E ratio of this ETF to its peers.
This section compares the dividend yield of this ETF to its peers.
GVI | ETF Database Category Average | FactSet Segment Average | |
---|---|---|---|
Dividend | $ 0.22 | $ 0.15 | $ 0.21 |
Dividend Date | 2023-05-01 | N/A | N/A |
Annual Dividend Rate | $ 2.24 | $ 1.41 | $ 2.23 |
Annual Dividend Yield | 2.16% | 3.36% | 2.38% |
View charts featuring GVI price and volume data.
View charts featuring ETF fund flow data.
5 Day Net Flows: 26.05 M 1 Month Net Flows: 31.25 M 3 Month Net Flows: 249.73 M 6 Month Net Flows: 206.07 M 1 Year Net Flows: 331.84 M 3 Year Net Flows: 920.86 M 5 Year Net Flows: 972.56 M 10 Year Net Flows: 1.86 BView charts that break down the influence that fund flows and price had on overall assets.