Invesco Short Term Treasury ETF
U.S. bond index ETF · tracks ICE U.S. Treasury Short Bond Index
As of its 2026 Q2 report, Invesco Short Term Treasury ETF held 83 positions with $2.58B in net assets. Its ten largest holdings made up 24.0% of the fund. The TBLL share class costs 0.08% a year. Over the 12 months to May 2026, TBLL returned 3.9%, with dividends reinvested. In 2026 Q2 it added 44 new positions and exited 35.
The Invesco Short Term Treasury ETF (the Fund) seeks to track the investment results (before fees and expenses) of the ICE U.S. Treasury Short Bond Index (the Underlying Index).
The fund tracks the ICE U.S. Treasury Short Bond Index using a sampling methodology, holding U.S. Treasury obligations with remaining maturity of 12 months or less; Invesco Advisers' sub-adviser selects securities expected to have investment characteristics, risk factors and liquidity measures representative of the index. Because the fund samples rather than holds all index constituents, its performance may diverge from the index.
What you own
| Company | Weight | Value | Shares |
|---|---|---|---|
U.S. Treasury Bills 0.00% · due 2026-06-18 | 2.79% | $72.04M | — |
U.S. Treasury Bills 0.00% · due 2026-06-04 | 2.68% | $69.13M | — |
U.S. Treasury Bills 0.00% · due 2026-06-25 | 2.65% | $68.39M | — |
U.S. Treasury Bills 0.00% · due 2026-07-02 | 2.62% | $67.61M | — |
U.S. Treasury Bills 0.00% · due 2026-07-09 | 2.56% | $66.24M | — |
U.S. Treasury Bills 0.00% · due 2026-07-16 | 2.30% | $59.48M | — |
U.S. Treasury Bills 0.00% · due 2026-09-03 | 2.23% | $57.69M | — |
U.S. Treasury Bills 0.00% · due 2026-10-29 | 2.15% | $55.45M | — |
U.S. Treasury Bills 0.00% · due 2026-08-06 | 2.13% | $54.87M | — |
U.S. Treasury Notes/Bonds 0.88% · due 2026-09-30 | 1.87% | $48.38M | — |
All 83 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Bonds | 97.27% |
| Cash & short-term | 0.01% |
How it has done
TBLL share class · total returns with dividends reinvested
Volatility over the last 12 months: 0.18%. Past returns are a record, not a forecast.
Fees & fund details
Invesco Short Term Treasury ETF is a U.S. bond index ETF that tracks the ICE U.S. Treasury Short Bond Index.
- Asset class
- Bonds
- Region
- United States
- Management
- Index (passive)
- Fund type
- ETF
- Rate sensitivity
- Short duration
- Expense ratio, by class
- 0.08%· TBLL 0.08%
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
44 new· the largest 2
35 exited· the largest 1
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-05-31
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Zero-coupon or unclassified | 64.2% |
| Fixed rate | 35.8% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 100.0% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
This fund filed the credit-spread disclosure and reported no sensitivity — measured, and the answer is none.
Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.
| Interest rates | 100% |
Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.
Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.
| 3 mo | 0.19 yr | 68% |
| 1 yr | 0.09 yr | 32% |
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | +0.19 | +0.00 | +0.00 | $0 | $0 |
| 1 yr | +0.09 | +0.00 | +0.00 | $0 | $0 |
| 5 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
| 10 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
| 30 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Understand how this fund fits with the rest.
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