iShares Barclays 3-7 Year Treasury ETF
tracks the Barclays Capital U.S. 3-7 Year Treasury Bond Index and was launched May 2007. Generally speaking, this sector, given rollover of assets and reinvestment, would follow 5-year Treasury auctions.
AUM is $1.5 billion with average daily trading volume of 133,000 shares, the current yield is around 2%, the 1-year rate of return has been 5.53% and the expense ratio is .15%.
A competitive issue is from PIMCO's
(BoA Merrill Lynch 3-7 Year U.S. Treasury ETF) which was issued October 2010 and has the same expense ratio of .15%, the current yield is 2%, AUM equals $20 million and average daily trading volume is under 4,000 shares. The 1-year return has been 4.95%.
Data as of May 2011
IEI Top Ten Holdings & Weightings
US Treasury Note 1.75%: 6.61%
US Treasury Note 2.75%: 6.48%
US Treasury Note 3.125%: 6.36%
US Treasury Note 2.625%: 5.61%
US Treasury Note 3.25%: 5.57%
US Treasury Note 3.125%: 5.52%
US Treasury Note 2.75%: 4.37%
US Treasury Note 4.25%: 3.79%
US Treasury Note 2.625%: 3.72%
US Treasury Note 2.625%: 3.55%