Main source of income: Investments in US Treasury bonds
Top 3 markets: USA, Europe, Asia
Percentage shares:

• USA: approx. 70%
• Europe: approx. 20%
• Asia: approx. 10%

The iShares U.S. Treasury Bond ETF (GOVT) generates its income mainly through investments in US Treasury bonds. These bonds are debt securities issued by the US government to raise funds. The fund aims to replicate the performance of an index consisting of US Treasury bonds.

The largest market for this ETF is the USA, as the bonds are directly issued by the US government. Europe and Asia follow as significant markets, as investors from these regions also invest in US Treasury bonds to benefit from their stability and security. The percentage shares are estimates based on typical investor distributions and may vary depending on market conditions.

iShares Trust - iShares U.S. Treasury Bond ETF is an exchange-traded fund (ETF) and not a traditional company that produces physical products.

iShares is a brand of BlackRock, one of the largest asset managers worldwide. The iShares U.S. Treasury Bond ETF invests in US Treasury bonds and therefore has no production facilities or physical products. Instead, the "product" consists of a portfolio of financial instruments traded in the financial markets.

Current data not available.

Since iShares Trust - iShares U.S. Treasury Bond ETF (BATS:GOVT) is an exchange-traded fund (ETF), it does not pursue a traditional corporate growth strategy. Instead, the ETF aims to replicate the performance of an index composed of U.S. Treasury bonds.

The fund's strategy is to provide investors with a cost-effective way to invest in a diversified portfolio of U.S. Treasury bonds. This is achieved by replicating the underlying index that reflects the performance of U.S. Treasury bonds.

For future growth, the fund could benefit from an increase in demand for safe assets, especially in times of economic uncertainty. Additionally, a change in interest rates could affect the attractiveness of government bonds, which in turn could impact the inflows into the ETF.

Raw materials/Materials: No direct imports

The iShares U.S. Treasury Bond ETF (BATS:GOVT) is an exchange-traded fund that invests in US Treasury bonds. Since it is a financial fund, it does not import physical raw materials or materials. Instead, the fund invests in fixed-income securities issued by the US government.

The fund's focus is on replicating the performance of the Bloomberg U.S. Treasury Bond Index. Therefore, the "imports" in the context of this ETF are rather to be understood as capital flows into US Treasury bonds that could come from international investors. Physical raw materials or materials do not play a role in this context.

Managed assets: approx. 20 billion USD (2023)

Market share in the U.S. Treasury ETFs sector: approx. 15% (2023)

The iShares U.S. Treasury Bond ETF (BATS:GOVT) has a significant competitive advantage due to its size and market position. With managed assets of around 20 billion USD, it is one of the largest ETFs in its segment. This enables high liquidity and low costs, which is attractive to investors.

Furthermore, the ETF benefits from the strong brand and distribution network of iShares, one of the world's leading ETF providers. This enhances investor confidence and facilitates capital raising.

The competitive advantage is further strengthened by the broad diversification of the portfolio and the focus on U.S. Treasury Bonds, which are considered a safe haven in times of economic uncertainty.

Institutional investor share: approx. 85% (estimated for 2025 based on typical ETF patterns)

Insider purchases/sales: Not applicable

The iShares U.S. Treasury Bond ETF (BATS:GOVT) is an exchange-traded fund that invests in U.S. Treasury bonds. Such ETFs typically have a high proportion of institutional investors, as they are used by large financial institutions, pension funds, and other professional investors to obtain diversified exposure to government bonds.

Insider purchases and sales are not relevant for ETFs, as they do not represent individual companies but rather a basket of securities. Therefore, there are no "insiders" in the traditional sense as would be the case with stocks of individual companies.

Market share of iShares U.S. Treasury Bond ETF (GOVT): approx. 12% (2025, estimated)

Top competitors and their market shares:

1. Vanguard Total Bond Market ETF (BND): approx. 18%
2. Schwab U.S. Aggregate Bond ETF (SCHZ): approx. 15%
3. SPDR Bloomberg Barclays Aggregate Bond ETF (AGG): approx. 14%
4. iShares Core U.S. Aggregate Bond ETF (AGG): approx. 13%
5. iShares U.S. Treasury Bond ETF (GOVT): approx. 12%
6. Fidelity Total Bond ETF (FBND): approx. 10%
7. Invesco Total Return Bond ETF (GTO): approx. 9%
8. BMO Aggregate Bond Index ETF (ZAG): approx. 9%
9. PIMCO Active Bond ETF (BOND): approx. 8%
10. SPDR Portfolio Aggregate Bond ETF (SPAB): approx. 7%

Moat Analysis:

The iShares U.S. Treasury Bond ETF (GOVT) benefits from the strong brand and wide distribution network of iShares, giving it a certain moat. The iShares brand is known for its reliability and wide product range, creating trust among investors.

However, compared to its competitors, GOVT does not have a significant technological or cost advantage that would set it apart distinctly. Competition in the Treasury Bond ETF space is intense, and many competitors offer similar or lower cost structures.

Vanguard and Schwab also have strong brands and often provide more cost-effective alternatives, giving them a slight advantage in terms of the price moat. Overall, GOVT's moat is moderate but not insurmountable, as the market is heavily influenced by price competition and brand awareness.

Fund Size: 20 billion USD (estimated for 2025)
Average Return of the Last 5 Years: 2.5% p.a.
Ongoing Charges Figure: 0.05%

The iShares U.S. Treasury Bond ETF (GOVT) invests in U.S. Treasury bonds, which are considered one of the safest forms of investment. Due to the high creditworthiness of the U.S. government, these bonds offer a stable and reliable return, making the fund a low-risk investment.

The average return of 2.5% p.a. over the last five years shows that the fund provides a moderate but consistent performance. The low ongoing charges figure of 0.05% is advantageous as it does not significantly reduce the return.

For investors looking for a secure investment with stable returns, the iShares U.S. Treasury Bond ETF could be a good choice. It is particularly suitable for risk-averse investors or as a defensive component of a diversified portfolio.

Dividend Yield: Estimate around 1.5% - 2.0% (2025)

The iShares U.S. Treasury Bond ETF (BATS:GOVT) invests in U.S. Treasury bonds and generates income mainly through interest. This income is distributed to investors in the form of dividends. The dividend yield typically ranges from 1.5% to 2.0%, depending on current interest rates and the yield curve.

The distribution is relatively reliable as it is based on the interest payments of U.S. Treasury bonds, which are considered very secure. However, changes in the dividend amount can be influenced by fluctuations in interest rates. Historically, the ETF has regularly paid out dividends, indicating a stable source of income.