iShares 0-3 Month Treasury Bond ETF
$100.61+0.01 (+0.01%)
- Expense ratio
- 0.09%
- Fund size
- $111.2B
- 1Y return
- +3.8%
- Yield · Last 12 months
- 3.69%
- Holdings
- 24
- Volume · 30D
- 20.7M sh
- NAV per share
- $100.59
- 52W range
The ETF.net SGOV Grade
Score 79 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 84Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 99Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 47Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 91Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 43Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 91Category rank
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
- 24
- 70%
- TREASURY BILL 10/20/2026
Geography
SGOV Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
SGOV$10,375
Returns run to the Sep 22, 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 | +2.6% |
| 1 month | +0.3% |
| 3 months | +0.9% |
| 1 year | +3.8% |
| 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 | +2.6% | |
| 2025 | +4.2% | |
| 2024 | +5.3% | |
| 2023 | +5.1% | |
| 2022 | +1.6% | |
| 2021 | +0.1% | |
| 2020 | +0.0% |
SGOV in the news
SGOV Dividends
- 3.69%
- $3.71
- $0.31 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.31 |
| Aug 3, 2026 | Aug 6, 2026 | $0.31 |
| Jul 1, 2026 | Jul 7, 2026 | $0.30 |
| Jun 1, 2026 | Jun 4, 2026 | $0.30 |
| May 1, 2026 | May 6, 2026 | $0.30 |
| Apr 1, 2026 | Apr 7, 2026 | $0.29 |
| Mar 2, 2026 | Mar 5, 2026 | $0.27 |
| Feb 2, 2026 | Feb 5, 2026 | $0.31 |
| Dec 19, 2025 | Dec 24, 2025 | $0.32 |
| Dec 1, 2025 | Dec 4, 2025 | $0.31 |
| Nov 3, 2025 | Nov 6, 2025 | $0.35 |
| Oct 1, 2025 | Oct 6, 2025 | $0.35 |
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 77 Cash & Ultra-Short Income funds charge less.