iShares 0-3 Month Treasury Bond ETF
$100.520.00 (0.00%)
- 0.09%
- $115.0B
- +3.7%
- 3.65%
- 21M sh
- $100.51
- low $100.27high $100.73
The ETF.net SGOV Grade
A
Score 78 out of 100
- 8 of 78
Score 78 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A84 out of 100Rank 12 of 78Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 66Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D38 out of 100Rank 70 of 75Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A92 out of 100Rank 2 of 78Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C42 out of 100Rank 61 of 77Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A91 out of 100Rank 3 of 78
Our read on SGOV
AA cash-parking tool that owns nothing but US Treasury bills maturing in three months or less, pays out monthly, and charges 0.09%. Launched in 2020, it has grown into one of the largest bond ETFs around.
The fund seeks to track an index of U.S. Treasury bills with remaining maturities of three months or less.
Why people hold it
- 0.09% a year against a 0.14% median for its T-bill peer group, and it is very actively traded, which tends to keep the round-trip cost of getting in and out thin.
- One job, done plainly: track an index of Treasury bills with three months or less to run, and hand out the income monthly. Tracking has been close to the index.ishares.com
- Holdings mature in weeks, so interest-rate sensitivity is minimal and the share price moves very little when yields swing.ishares.com
Worth knowing
- Cheaper bill funds exist. VBIL lists at 0.06% and CLIP at 0.07%, so the fee advantage here is over the pricier half of the group, not the whole field.
- Income tracks short-term rates. Bills roll every few weeks, so the monthly payout resets quickly in whichever direction rates go.
- The flip side of near-zero duration: no price kicker when rates drop, the way longer-dated Treasury funds get.
SGOV Holdings
- Bonds
- 23
- 69%
- Treasury Bill 10/20/2026
Sectors
- U.S. Treasury Debt99.5%
- Investment Company0.5%
Geography
- United States100.00%
SGOV Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
SGOV$10,372
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | SGOV |
|---|---|
| Year to date | +2.8% |
| 1 month | +0.3% |
| 3 months | +0.9% |
| 1 year | +3.7% |
| 3 years | +4.5% |
| 5 years | +3.8% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | SGOV |
|---|---|---|
| 2026 YTD | +2.8% | |
| 2025 | +4.2% | |
| 2024 | +5.3% | |
| 2023 | +5.1% | |
| 2022 | +1.6% | |
| 2021 | +0.1% | |
| 2020 | 0.0% |
SGOV in the news
SGOV Dividends
- 3.65%
- $3.67
- $0.30 per share
- Monthly
Distribution history
SGOV Risk
- 0.2%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.84
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −0.03%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.003
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SGOV Cost
0.09%
SGOV0.09%
- The middle half of Cash & Ultra-Short Income funds
- Median 0.19%
11 of the 78 Cash & Ultra-Short Income funds charge less.
Other funds in Cash & Ultra-Short Income
- ABILState Street SPDR Bloomberg 1-3 Month T-Bill ETFExpense ratio 0.14%1 year return +3.7%
- APULSPGIM Ultra Short Bond ETFExpense ratio 0.15%1 year return +4.1%
- ATRSYDBX ETF Trust - Xtrackers US 0-1 Year Treasury ETFExpense ratio 0.06%1 year return +3.6%
- AVGUSVanguard Ultra-Short Treasury ETFExpense ratio 0.07%1 year return +3.6%
- AGBILGoldman Sachs Access Treasury 0-1 Year ETFExpense ratio 0.14%1 year return +3.6%