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iShares 25+ Year Treasury STRIPS Bond ETF (GOVZ)

Long Government | Exchange Traded Fund | Cboe US
35.03 USD +0.07 (0.200%) ⇧ (July 15, 2026, 10:19 a.m. EDT)

Short-term:★☆☆☆☆Long-term:⯪☆☆☆☆Dividends:★★★☆☆
Hot Take | July 11, 2026, 2:51 a.m. EDT

The long-term outlook is dire, driven by a brutal four-year price collapse where the asset has lost more than half its value (-57%) with zero positive annual returns. This is not a temporary dip but a structural deterioration confirmed by the market, likely due to the relentless rise in interest rates crushing the value of these ultra-long-duration strips. While the headline yield of 5% looks attractive, it is a trap; the payout is insufficient to offset the massive capital destruction occurring in the share price. The recent price action shows the asset struggling to find a floor, trading well below its moving averages. On the short end, the sentiment is purely defensive. Options data reveals a heavy concentration of put buyers betting on further weakness, while call writers are essentially sitting on their hands. The statistical forecast also leans negative, reinforcing the view that the trend is still down. Investors seeking income here are likely facing a 'value trap' where the high yield is merely compensation for holding a depreciating asset.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.017661
AutoTheta0.020201
MSTL_1260.020783
MSTL0.023662
AutoETS0.026348
MSTL_90_1260.026683
MSTL_900.028041

Forecast horizon: 60 days | Selected: AutoARIMA

Forecast Reliability
Score 50%
H-stat 5.13
Ljung-Box p 0.000
Jarque-Bera p 0.550
Excess Kurtosis 0.26

As of July 11, 2026, 2:51 a.m. EDT: Speculators are overwhelmingly positioned for downside protection, with significant open interest in out-of-the-money puts expiring in August and November. Call activity is virtually non-existent, indicating a lack of bullish conviction despite the high yield. Implied volatility remains elevated for near-term strikes, reflecting fear of further price declines.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.42% 4.99% 4.52% 3.88%
Dividend History
Date Dividend Yield %
2026-07-01 0.151 0.418167
2026-06-01 0.171 0.476323
2026-05-01 0.152 0.423163
2026-04-01 0.156 0.427632
2026-03-02 0.144 0.373638
2026-02-02 0.160 0.439078
2025-12-19 0.156 0.418006
2025-12-01 0.148 0.386020
2025-11-03 0.164 0.418367
2025-10-01 0.144 0.370752
2025-09-02 0.152 0.422927
2025-08-01 0.156 0.411392
2025-07-01 0.152 0.395010
2025-06-02 0.156 0.429515
2025-05-01 0.156 0.399386
2025-04-01 0.160 0.385356
2025-03-03 0.148 0.346442
2025-02-03 0.152 0.383451
2024-12-18 0.164 0.397672
2024-12-02 0.156 0.349776
2024-11-01 0.160 0.377003
2024-10-01 0.164 0.344538
2024-09-03 0.152 0.321082
2024-08-01 0.144 0.318021
2024-07-01 0.148 0.353728
2024-06-03 0.152 0.354147
2024-05-01 0.152 0.371820
2024-04-01 0.180 0.409836
2024-03-01 0.128 0.281690
2024-02-01 0.148 0.308462
2023-12-14 0.164 0.331984
2023-12-01 0.152 0.339286
2023-11-01 0.148 0.380658
2023-10-02 0.144 0.353982
2023-09-01 0.156 0.334477
2023-08-01 0.152 0.308191
2023-07-03 0.156 0.297256
2023-06-01 0.156 0.297596
2023-05-01 0.156 0.297483
2023-04-03 0.176 0.318610
2023-03-01 0.168 0.325834
2023-02-01 0.164 0.288732
2022-12-15 0.148 0.256766
2022-12-01 0.156 0.281385
2022-11-01 0.160 0.327869
2022-10-03 0.148 0.272339
2022-09-01 0.156 0.265487
2022-08-01 0.156 0.236077
2022-07-01 0.148 0.234623
2022-06-01 0.164 0.258186
2022-05-02 0.192 0.296846
2022-04-01 0.156 0.202703
2022-03-01 0.140 0.168334
2022-02-01 0.152 0.181540
2021-12-16 0.180 0.202020
2021-12-01 0.148 0.160381
2021-11-01 0.152 0.174152
2021-10-01 0.148 0.173807
2021-09-01 0.148 0.168335
2021-08-02 0.144 0.161363
2021-07-01 0.112 0.133245
2021-06-01 0.040 0.050723
2021-05-03 0.128 0.162354
2021-04-01 0.124 0.158665
2021-03-01 0.112 0.139651
2021-02-01 0.120 0.133929
2020-12-17 0.120 0.128025
2020-12-01 0.120 0.127297
2020-11-02 0.128 0.134573
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 5.08

Info Dump

Attribute Value
All Time High 100.78
All Time Low 11.775
Ask 35.02
Ask Size 6,300
Average Daily Volume10 Day 171,080
Average Daily Volume3 Month 251,121
Average Volume 251,121
Average Volume10Days 171,080
Beta3 Year 3.68
Bid 35.01
Bid Size 1,700
Category Long Government
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 35.035
Day Low 34.915
Dividend Yield 5.08
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 35.8745
Fifty Day Average Change -0.84949875
Fifty Day Average Change Percent -0.023679737
Fifty Two Week Change Percent -3.2253623
Fifty Two Week High 41.02
Fifty Two Week High Change -5.994999
Fifty Two Week High Change Percent -0.14614819
Fifty Two Week Low 34.0
Fifty Two Week Low Change 1.0250015
Fifty Two Week Low Change Percent 0.030147104
Fifty Two Week Range 34.0 - 41.02
First Trade Date Milliseconds 1,601,040,600,000
Five Year Average Return -0.1322559
Full Exchange Name Cboe US
Fund Family iShares
Fund Inception Date 1,600,732,800
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund will invest at least 80% of its assets in the component securities of the index, and the fund will invest at least 90% of its assets in U.S. Treasury securities that BFA believes will help the fund track the index.
Long Name iShares 25+ Year Treasury STRIPS Bond ETF
Market us_market
Market State REGULAR
Max Age 86,400
Message Board Id finmb_677065693
Nav Price 34.89937
Net Assets 274,920,000.0
Net Expense Ratio 0.1
Open 34.91
Phone 415-670-2000
Previous Close 34.955
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.069999695
Regular Market Change Percent 0.20025659
Regular Market Day High 35.035
Regular Market Day Low 34.915
Regular Market Day Range 34.915 - 35.035
Regular Market Open 34.91
Regular Market Previous Close 34.955
Regular Market Price 35.025
Regular Market Time 1,784,125,147
Regular Market Volume 64,178
Short Name iShares 25 Year Treasury STRIP
Source Interval 15
Symbol GOVZ
Three Year Average Return -0.0811862
Total Assets 274,920,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 1.10136
Trailing Three Month Returns 1.10136
Triggerable 1
Two Hundred Day Average 37.429226
Two Hundred Day Average Change -2.4042244
Two Hundred Day Average Change Percent -0.06423388
Type Disp ETF
Volume 64,178
Yield 0.0508
Ytd Return 1.12913