Invesco Short Term Treasury ETF
Invesco Exchange-Traded Fund Trust II · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
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
Fund profile
As filed in the prospectus · 2025 Q4
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.
| Share class | Expense ratio |
|---|---|
| TBLL | 0.08% |
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Bonds | 97.27% |
| Cash & short-term | 0.01% |
Latest quarter
What changed since the fund's previous filing
Largest new: U.S. Treasury Bills ×7, U.S. Treasury Notes/Bonds
Largest exited: U.S. Treasury Bills ×8
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
May 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
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.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Value | Shares |
|---|---|---|---|---|
| — | U.S. Treasury Bills0.00% · due 2026-06-18 | 2.79% | $72.04M | — |
| — | U.S. Treasury Bills0.00% · due 2026-06-04 | 2.68% | $69.13M | — |
| — | U.S. Treasury Bills0.00% · due 2026-06-25 | 2.65% | $68.39M | — |
| — | U.S. Treasury Bills0.00% · due 2026-07-02 | 2.62% | $67.61M | — |
| — | U.S. Treasury Bills0.00% · due 2026-07-09 | 2.56% | $66.24M | — |
| — | U.S. Treasury Bills0.00% · due 2026-07-16 | 2.30% | $59.48M | — |
| — | U.S. Treasury Bills0.00% · due 2026-09-03 | 2.23% | $57.69M | — |
| — | U.S. Treasury Bills0.00% · due 2026-10-29 | 2.15% | $55.45M | — |
| — | U.S. Treasury Bills0.00% · due 2026-08-06 | 2.13% | $54.87M | — |
| — | U.S. Treasury Notes/Bonds0.88% · due 2026-09-30 | 1.87% | $48.38M | — |
Top 10 positions are 23.98% of net assets, top 25 49.13%, across 4 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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