ETF · Long Government

iShares 7-10 Year Treasury Bond ETF(IEF)

$94.24
+0.07%
Expense Ratio
$48.9B
Total AUM
Holdings
Inception
Active Share vs VOO
Truly Active
0%20%60%100%
98.9%

AI Look-Through Summary

AI Generated

The iShares 7-10 Year Treasury Bond ETF maintains a substantial asset base of approximately $48.9 billion, reflecting significant market participation in the intermediate-term sovereign debt sector. The fund's portfolio is characterized by an extremely high concentration within its top ten holdings, where individual securities collectively account for nearly half of the total assets under management. Specifically, the first three positions each represent 8.8% of the portfolio, while subsequent holdings range from 7.2% to 8.7%, indicating that a small number of specific Treasury issues drive the majority of the fund's performance and risk profile. This structural concentration suggests limited diversification across individual bonds within the stated maturity window, as weightings are heavily skewed toward a narrow set of issuances rather than being broadly distributed among dozens or hundreds of distinct instruments.

Geographically, the portfolio exhibits an exclusive tilt toward United States sovereign debt, as evidenced by the issuer identifiers in the top holdings which correspond to U.S. Treasury securities. There is no exposure to foreign governments, corporate entities, or other asset classes; the fund operates strictly within the domestic public sector bond market for maturities between seven and ten years. Quantitatively, this narrow focus combined with high single-name weights creates a distinct risk-return dynamic where price movements in specific benchmark Treasuries will have an outsized impact on the ETF's net asset value compared to more broadly diversified fixed income vehicles. The lack of variation in holding types implies that the fund's volatility and yield characteristics are directly tethered to shifts in the intermediate-term U.S. Treasury curve, with little buffer provided by sector rotation or geographic diversification.

Generated by Qwen-32B from constituent-level data. Not investment advice. Updated: 2026-05-20 02:27:20.694009+00

🔍 Theme Alignment Audit

AI GeneratedPurity: 95/100

The investment theme implied by the name "iShares 7-10 Year Treasury Bond ETF" is a narrow exposure to US government debt with specific maturities, and the provided holdings data demonstrates an almost perfect alignment with this description. The top ten positions consist entirely of securities identified only by internal ticker codes without any corporate or industry descriptors that would suggest diversification into equities or non-sovereign assets. This uniformity in holding types indicates a disciplined adherence to the stated mandate, focusing exclusively on Treasury obligations rather than attempting to broaden the portfolio with unrelated sectors or asset classes. The absence of recognizable commercial entities in the top holdings reinforces the fund's structural integrity as a pure-play fixed income vehicle designed solely for investors seeking intermediate-term government yields.

Concentration risk within this specific maturity band is moderate but consistent with the product's design, as evidenced by a top-ten concentration of 84.1%. While nearly two-thirds of the portfolio weight rests in just ten securities, these positions represent individual bonds rather than broad market indices or diversified sectors that typically drive such high concentrations in equity funds. The sector breakdown is implicitly coherent because every holding belongs to the single "US Treasury" sector by definition, eliminating any risk of drift into unrelated industries like technology or healthcare that often plagues thematic funds with ambiguous names. Consequently, the fund does not rely on mega-cap stocks to stabilize returns; instead, it achieves stability through duration matching and credit quality inherent to sovereign debt. This structure ensures the ETF remains distinct from broad market indexes while maintaining a highly focused exposure to its intended segment of the bond market without unnecessary dilution or thematic inconsistency.

AI analysis of holdings alignment vs fund theme. Not investment advice. Updated: 2026-05-24 05:50:30.914373+00

Flow Driver Analysis

2-Step Circle

Which larger ETFs share IEF's holdings — and mechanically drive its price through index rebalancing flows?

Approximately 97% of IEF's weight flows through these larger ETFs

Driver ETFAUMExpenseShared StocksWeight Overlap
AGGiShares Core U.S. Aggregate Bond ETF$139B1996.6%

97% of IEF's portfolio by weight is also held by AGG, which commands 3× more assets under management. When AGG receives inflows, it mechanically buys these shared stocks — dragging IEF's NAV along regardless of any thematic or sector catalyst.

Overlap computed from constituent-level holdings data across 1 ETFs. Price co-movement with driver ETFs is structural, not coincidental. Not investment advice.

ETF Look-Through Dashboard

Replaces $249/yr Morningstar

Peer through the ETF wrapper to see exactly what you own. Every metric is computed from constituent-level data.

3.82%
Dividend Yield

Herfindahl-Hirschman Concentration Index

01000200030004000782
Well Diversified
Top 5: 44.1%Top 10: 84.5%

Morningstar-Style Box

Value
Blend
Growth
Large
Mid
Small
Small Value

Concentration Risk Monitor

ELEVATED
8.8%
Largest Holding
91282CKQ3
26.4%
Top 3 Weight
13
Effective # of Stocks
10%
Top Stock Var. Share
Portfolio weight concentration
91282CKQ3
91282CJZ5
91282CMM0
91282CNT4
91282CJJ1
Other 15 stocks

IEF's top holding 91282CKQ3 at 8.8% is above the 8% elevated-concentration threshold. The effective number of stocks is 13 vs. the actual count of 20.

Effective # of Stocks = 1 / HHI (Herfindahl-Hirschman Index). Variance share approximated as w² / Σw². Not investment advice.

Under the Hood — Top 15 Constituents

Top 10 Concentration84.1%
#TickerCompanyWeightP/EF-Score
191282CKQ3
United States of America
8.84%
291282CJZ5
United States of America
8.78%
391282CMM0
United States of America
8.77%
491282CNT4
United States of America
8.73%
591282CJJ1
United States of America
8.73%
691282CLW9
United States of America
8.64%
791282CPJ4
United States of America
8.55%
891282CNC1
United States of America
8.23%
991282CLF6
United States of America
7.55%
1091282CHT1
United States of America
7.24%
1191282CHC8
United States of America
6.39%
1291282CGM7
United States of America
4.58%
1391282CPY1
United States of America
1.50%
1491282CPZ8
United States of America
1.48%
15066922477
BlackRock Funds III
0.01%
The bottom 5 stocks in IEF account for only 2.0% of the total fund weight.

Historical Holdings Snapshots

Browse how IEF’s holdings have changed across SEC filing dates. Showing top holdings per snapshot.

2026-05-24

15 holdings · 98.0% tracked weight
#TickerWeightSharesMarket Value
191282CKQ38.84%$4.3B
291282CJZ58.78%$4.3B
391282CMM08.77%$4.3B
491282CNT48.73%$4.3B
591282CJJ18.73%$4.3B
691282CLW98.64%$4.2B
791282CPJ48.55%$4.2B
891282CNC18.23%$4.0B
991282CLF67.55%$3.7B
1091282CHT17.24%$3.5B
1191282CHC86.39%$3.1B
1291282CGM74.58%$2.2B
1391282CPY11.50%$730.7M
1491282CPZ81.48%$723.9M
150669224770.01%5,150,000$5.2M

2026-05-23

15 holdings · 98.0% tracked weight
#TickerWeightSharesMarket Value
191282CKQ38.84%$4.3B
291282CJZ58.78%$4.3B
391282CMM08.77%$4.3B
491282CNT48.73%$4.3B
591282CJJ18.73%$4.3B
691282CLW98.64%$4.2B
791282CPJ48.55%$4.2B
891282CNC18.23%$4.0B
991282CLF67.55%$3.7B
1091282CHT17.24%$3.5B
1191282CHC86.39%$3.1B
1291282CGM74.58%$2.2B
1391282CPY11.50%$730.7M
1491282CPZ81.48%$723.9M
150669224770.01%5,150,000$5.2M

2026-05-22

15 holdings · 98.0% tracked weight
#TickerWeightSharesMarket Value
191282CKQ38.84%$4.3B
291282CJZ58.78%$4.3B
391282CMM08.77%$4.3B
491282CNT48.73%$4.3B
591282CJJ18.73%$4.3B
691282CLW98.64%$4.2B
791282CPJ48.55%$4.2B
891282CNC18.23%$4.0B
991282CLF67.55%$3.7B
1091282CHT17.24%$3.5B
1191282CHC86.39%$3.1B
1291282CGM74.58%$2.2B
1391282CPY11.50%$730.7M
1491282CPZ81.48%$723.9M
150669224770.01%5,150,000$5.2M

2026-05-21

15 holdings · 98.0% tracked weight
#TickerWeightSharesMarket Value
191282CKQ38.84%$4.3B
291282CJZ58.78%$4.3B
391282CMM08.77%$4.3B
491282CNT48.73%$4.3B
591282CJJ18.73%$4.3B
691282CLW98.64%$4.2B
791282CPJ48.55%$4.2B
891282CNC18.23%$4.0B
991282CLF67.55%$3.7B
1091282CHT17.24%$3.5B
1191282CHC86.39%$3.1B
1291282CGM74.58%$2.2B
1391282CPY11.50%$730.7M
1491282CPZ81.48%$723.9M
150669224770.01%5,150,000$5.2M

2026-05-20

15 holdings · 98.0% tracked weight
#TickerWeightSharesMarket Value
191282CKQ38.84%$4.3B
291282CJZ58.78%$4.3B
391282CMM08.77%$4.3B
491282CNT48.73%$4.3B
591282CJJ18.73%$4.3B
691282CLW98.64%$4.2B
791282CPJ48.55%$4.2B
891282CNC18.23%$4.0B
991282CLF67.55%$3.7B
1091282CHT17.24%$3.5B
1191282CHC86.39%$3.1B
1291282CGM74.58%$2.2B
1391282CPY11.50%$730.7M
1491282CPZ81.48%$723.9M
150669224770.01%5,150,000$5.2M

2026-05-19

15 holdings · 98.0% tracked weight
#TickerWeightSharesMarket Value
191282CKQ38.84%$4.3B
291282CJZ58.78%$4.3B
391282CMM08.77%$4.3B
491282CNT48.73%$4.3B
591282CJJ18.73%$4.3B
691282CLW98.64%$4.2B
791282CPJ48.55%$4.2B
891282CNC18.23%$4.0B
991282CLF67.55%$3.7B
1091282CHT17.24%$3.5B
1191282CHC86.39%$3.1B
1291282CGM74.58%$2.2B
1391282CPY11.50%$730.7M
1491282CPZ81.48%$723.9M
150669224770.01%5,150,000$5.2M

Source: SEC filings and fund provider disclosures. Shows last 6 snapshot dates, top 15 holdings per date by weight.

Risk Profile

5.3%
Annual Volatility
-0.07
Sharpe (1Y)
-3.2%
Max Drawdown (5Y)

Sharpe = risk-adjusted return (higher is better). Computed from 1,200+ trading days with 5% risk-free rate.

Fama-French 5-Factor Exposure

Academic factor model decomposition — what's really driving this ETF's returns.

-0.05
Market β
+0.014
Size (SMB)
Neutral
-0.051
Value (HML)
Neutral
-0.018
Profit (RMW)
Neutral
+0.140
Invest (CMA)
Conservative
Alpha (annual): +3.75%
R²: 5.3%of variance explained by 5 factors

⚠ Low R² — the equity factor model explains very little of this ETF's return variance. Factor exposures and alpha should be interpreted with caution.

Fama-French 5-Factor Model. Data: Kenneth French Data Library. Regression over 3 years of daily returns.

Price Chart with Moving Averages

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Technical Setup

AI Generated

The current technical configuration of the iShares 7-10 Year Treasury Bond ETF suggests a period of consolidation where larger market participants appear to be evaluating positioning rather than executing aggressive directional moves. The proximity of short-term and long-term moving averages indicates that institutional players are likely absorbing volatility, creating an equilibrium between buyers and sellers without establishing a definitive trend. This balance often precedes significant shifts in capital allocation as major entities assess the macroeconomic backdrop for fixed-income assets within this specific duration sector. Volume patterns accompanying the price action at $93.80 hint that liquidity is being managed carefully by sophisticated traders who may be accumulating or distributing positions quietly to avoid slipping prices. The lack of a pronounced breakout above or below key support levels implies that institutional sentiment remains cautious, potentially waiting for clearer signals regarding interest rate trajectories before committing substantial resources to either long or short exposures in the 7-10 year maturity window. Such behavior typically reflects a strategic pause where large players gauge market depth rather than forcing immediate entry or exit points. Ultimately, the interplay between the current price level and historical moving averages paints a picture of indecision among dominant market forces. This setup allows institutional investors to maintain flexibility, adjusting their exposure based on evolving yield curve dynamics without being locked into premature directional bets. The technical landscape currently supports scenarios where capital flows could shift rapidly depending on external economic data releases, leaving the door open for either renewed accumulation by bond funds or profit-taking if inflation expectations resurface unexpectedly.

Underwater (Drawdown from Peak)

How far below the all-time high the price has been over time. Deeper = more pain for holders.

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Rolling 60-Day Beta vs S&P 500 (VOO)

How the ETF's sensitivity to market moves changes over time. β > 1 = more volatile than the market.

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Rolling Beta Market (β = 1.0)

Yield & Income

0.98%
TTM Yield
30-Day SEC Yield
5Y Div CAGR

Sector Drift Over Time

How IEF’s sector allocation has shifted across snapshots. Use the slider to travel through time.

2026-05-2457 snapshots
Other100.0%
2026-03-262026-05-24

Active Conviction Tracker

Shares bought and sold between the latest two data snapshots — reveals what the fund manager is actually doing.

No position changes detected between snapshots.

AUM & Capital Flow Tracker

Estimated assets under management derived from SEC filings and daily price movements — tracks how the fund's value evolves over time.

Total Net Assets
$48.76B
Est. AUM Change (90d)
$-582.6M
Price Change (90d)
-1.18%
Filing Snapshots
2
01-2302-1303-0903-3004-2105-1206-02$48.36B$49.55B$50.75B
Estimated AUMTNA Filing Date

Estimated AUM derived from the latest SEC N-PORT filing TNA ($48.76B) scaled by daily price changes. Filing snapshots update when new regulatory filings are published (quarterly for most funds, daily for ARK).

IEF Rate Shock Simulator

What happens to iShares 7-10 Year Treasury Bond ETF if the Fed changes rates? This simulator estimates price impact based on the fund's effective duration of 7.2 years, computed from 90-day regression of IEF's returns against treasury yield changes.

Effective Duration
7.2 yrs
Rate Sensitivity
MODERATE
Current Price
$94.24
If Fed Funds Rate Changes By
+1.00%
−2.00% (aggressive cut)0%+2.00% (aggressive hike)
Estimated Price Impact
-7.2%
Estimated New Price
$87.45
Rate ChangePrice ImpactEst. PriceVisual
-2.00%+14.4%$107.82
-1.50%+10.8%$104.42
-1.00%+7.2%$101.03
-0.50%+3.6%$97.63
-0.25%+1.8%$95.94
+0.00%(current)0.0%$94.24
+0.25%-1.8%$92.54
+0.50%-3.6%$90.85
+1.00%-7.2%$87.45
+1.50%-10.8%$84.06
+2.00%-14.4%$80.66

Price impact estimated using modified duration approximation: ΔPrice ≈ −Duration × ΔYield. Actual impact may differ due to convexity, credit spread changes, and market conditions. Duration computed from price-yield sensitivity analysis. Not investment advice.

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Quant metrics computed deterministically from financial statements and price data. Updated: 2026-06-02.

SecuritiesDB is for informational purposes only. Not investment advice.