Hi,
If i am looking to understand how safe SGOV is - for 3 to 6 months time period till some opportunity arises without losing principal
SGOV has been between 100$ and 100.8$ in last 5 years.
Is there any chance it could go below 100$ over any duration of 6 to 12 months (Like how TLT and other 10 year/20 year funds have suffered). I understand SGOV has 3 month duration bonds, so lets says rates are raised after someone else buys SGOV, how much will it affect the principal.
I would also like to understand what is maximum SGOV could go down over time say if someone holds it for 5 years , thanks