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In Battle of Havens, Treasuries Outshine Gold for ETF Investors

  • U.S. government-bond funds have lured over $12 billion in 2016
  • Demand is strongest for maturities most vulnerable to selloff
WASGINGTON DC, DISTRICT OF COLUMBIA, UNITED STATES - 2013/05/30: US Treasury building.
Photographer: John Greim/LightRocket via Getty Images
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Don’t call it a gold rush: For those seeking safety in 2016, U.S. government debt is the undisputed haven of choice.

The iShares 20+ Year Treasury ETF, which trades under the ticker TLT, has attracted more cash than any other exchange-traded fund in the U.S. this year, according to data compiled by Bloomberg. Investors have shoveled $2.9 billion into the ETF -- 30 percent of its assets -- in the fund’s longest streak of consecutive weekly inflows since its inception in 2002. It’s part of a flood of more than $12 billion into Treasury funds since Jan. 1, over three times the amount that’s flocked to gold ETFs.