GVI
iShares Intermediate Government/Credit Bond ETF

Price: $103.57
Change: $0.19 (-0.0%)
Category: Total Bond Market
Last Updated:

Vitals

Brand iShares
Structure ETF
Expense Ratio 0.20%
ETF Home Page Home page
Inception Jan 05, 2007

Analyst Report

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.

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: 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

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $98.73
  • 52 Week Hi $105.58
  • AUM $2,741.7 M
  • Shares 26.5 M

Historical Trading Data

  • 1 Month Avg. Volume 81,165
  • 3 Month Avg. Volume 135,800

Alternative ETFs in the ETF Database Total Bond Market Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest BKAG 0.00% $430.2 M 50,859 1.81%
Largest (AUM) BND 0.03% $91.8 B 5 M 1.89%
Most Liquid (Volume) AGG 0.03% $89.9 B 7 M 1.89%
Top YTD Performer KDRN 1.17% $1.1 M 1,854 5.88%

Alternative ETFs in the FactSet Fixed Income: U.S. - Broad Market, Broad-based Investment Grade Intermediate Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest BIV 0.04% $14.8 B 1 M 2.60%
Largest (AUM) BIV 0.04% $14.8 B 1 M 2.60%
Most Liquid (Volume) BIV 0.04% $14.8 B 1 M 2.60%
Top YTD Performer BIV 0.04% $14.8 B 1 M 2.60%

Top 15 Holdings

Concentration Analysis

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

Holdings Comparison

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%

Size Comparison

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

GVI Valuation

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

GVI
P/E Ratio
N/A
ETF Database Category Average
P/E Ratio
0.00
FactSet Segment Average
P/E Ratio
N/A

GVI Dividend

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%

GVI Price and Volume Charts

View charts featuring GVI price and volume data.

GVI Fund Flows Charts

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 B

GVI Price vs Flows AUM Influence Charts

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