GOVI vs ZHOG
Invesco Equal Weight 0-30 Year Treasury ETF vs F/m Opportunistic Income ETF
Which is better, GOVI or ZHOG?
ZHOG has been ahead.
GOVI has a lower expense ratio. ZHOG led over 1Y, 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | GOVI | ZHOG |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.43% |
| AUM | $1.2B | $46M |
| Dividend Yield | 4.16% | 5.57% |
| Holdings | 66 | 63 |
| YTD Return | -4.40% | -0.33%Best |
| 1Y Return | -5.69% | +0.89%Best |
| 3Y Return (annualized) | +2.60% | +6.86%Best |
| 5Y Return (annualized) | -4.05% | - |
| Volatility (annualized) | 8.6% | 5.1%Best |
| Max Drawdown | -9.5% | -3.7%Best |
| $10,000 over 3.1 years | $10,339 | $11,924Best |
| Fund Family | Invesco (US) | F-m investments |
| Category | Fixed Income | Fixed Income |
| Style | Long Term Government Bond | Long Term Government Bond |
| Inception | Oct 11, 2007 | Sep 6, 2023 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Sep 6, 2023 to Oct 14, 2026 (3.1 years).
GOVI vs ZHOG growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.1 years both funds cover.
GOVI vs ZHOG Performance
Invesco Equal Weight 0-30 Year Treasury ETF (GOVI) is an ETF from Invesco (US) and F/m Opportunistic Income ETF (ZHOG) is an ETF from F-m investments. Over the past year GOVI returned -5.69% while ZHOG returned +0.89%. Year to date, GOVI is down 4.40% versus a loss of 0.33% for ZHOG.
Over three years, GOVI compounded at +2.60% per year against +6.86% for ZHOG.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GOVI has been the more volatile fund, with annualized monthly volatility of 8.6% compared with 5.1% for ZHOG. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -9.5% for GOVI and -3.7% for ZHOG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GOVI charges 0.15% per year while ZHOG charges 0.43%. On a $10,000 position that is $15 vs $43 annually, a gap of $28 per year that compounds over a long holding period. On income, GOVI currently yields 4.16% against 5.57% for ZHOG.
Holdings Overlap
We hold position weights for 30 holdings in GOVI and 17 in ZHOG, totalling 96.8% and 43.6% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 30 positions we hold weights for in GOVI and 17 in ZHOG, against full books of 66 and 63.
You are not choosing between two funds in isolation.
Whichever of GOVI and ZHOG you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, GOVI or ZHOG?
GOVI has an expense ratio of 0.15% while ZHOG charges 0.43%. GOVI is the cheaper option, by $28 a year on a $10,000 investment.
Which performed better, GOVI or ZHOG?
Over the past year GOVI returned -5.69% vs +0.89% for ZHOG, so ZHOG leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GOVI or ZHOG?
GOVI has been the more volatile fund at 8.6% annualized versus 5.1% for ZHOG. Worst drawdown: GOVI -9.5% vs ZHOG -3.7%.
Should I hold both GOVI and ZHOG?
GOVI and ZHOG have a monthly-return correlation of 0.88, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, GOVI or ZHOG?
GOVI yields 4.16% while ZHOG yields 5.57%, so ZHOG currently pays the higher dividend yield.
Is ZHOG better than GOVI?
GOVI has a lower expense ratio. ZHOG led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.