iShares Trust iShares 0-1 Year Treasury Bond ETF
$110.22−0.01 (−0.00%)
- Expense ratio
- 0.15%
- Fund size
- $21.4B
- 1Y return
- +3.6%
- Yield · Last 12 months
- 3.69%
- Volume · 30D
- 2.6M sh
- NAV per share
- $110.21
- 52W range
The ETF.net SHV Grade
Score 75 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.BScore 68Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 40Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 89Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 57Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 95Category rank
Our read on SHV
AiShares' T-bill parking spot since 2007: nothing but US Treasuries maturing inside a year, rolled continuously, with income paid monthly. No corporate credit, no duration bets, 0.15% a year.
The fund seeks to track an index composed of U.S. Treasury bonds with remaining maturities of one year or less.
Why people hold it
- Treasuries only, by mandate. The index it tracks holds US government debt maturing in a year or less, so no corporate credit enters the portfolio.ishares.com
- 0.15% a year, below the typical ultra-short bond fund, from a multi-billion-dollar fund that has been running since 2007.
- One of the more heavily traded names in the ultra-short space, and it has hugged its benchmark closely, which matters when the whole return is T-bill yield.
- Income arrives monthly rather than quarterly.
Worth knowing
- Payouts float with T-bill rates. Holdings mature and reroll within a year, so income resets quickly in both directions.
- Cheaper exists: Vanguard's VUSB charges 0.10% among the top-ranked ultra-short peers.
- This is the quiet corner of the bond market. By design there is no credit spread pickup and almost no interest-rate exposure to work with.
SHV Holdings
- Bonds
- —
- 36%
- TREASURY BILL 01/14/2027
Geography
- United States100.00%
SHV Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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 | SHV |
|---|---|
| Year to date | +2.5% |
| 1 month | +0.2% |
| 3 months | +0.9% |
| 1 year | +3.6% |
| 3 years | +4.5% |
| 5 years | +3.5% |
| 10 years | +2.3% |
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 | SHV |
|---|---|---|
| 2026 YTD | +2.5% | |
| 2025 | +4.2% | |
| 2024 | +5.1% | |
| 2023 | +5.0% | |
| 2022 | +0.9% | |
| 2021 | −0.1% | |
| 2020 | +0.8% |
SHV in the news
ETF.net Research hasn’t filed on SHV yet — coverage lands here as it’s written.
SHV Dividends
- 3.69%
- $4.07
- $0.34 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.34 |
| Aug 3, 2026 | Aug 6, 2026 | $0.34 |
| Jul 1, 2026 | Jul 7, 2026 | $0.32 |
| Jun 1, 2026 | Jun 4, 2026 | $0.33 |
| May 1, 2026 | May 6, 2026 | $0.33 |
| Apr 1, 2026 | Apr 7, 2026 | $0.32 |
| Mar 2, 2026 | Mar 5, 2026 | $0.30 |
| Feb 2, 2026 | Feb 5, 2026 | $0.34 |
| Dec 19, 2025 | Dec 24, 2025 | $0.36 |
| Dec 1, 2025 | Dec 4, 2025 | $0.35 |
| Nov 3, 2025 | Nov 6, 2025 | $0.37 |
| Oct 1, 2025 | Oct 6, 2025 | $0.37 |
SHV 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.
- −1.07
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.
- −0.4%
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.
- 0.01
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SHV Cost
- The middle half of Cash & Ultra-Short Income funds
- Median 0.19%
20 of the 77 Cash & Ultra-Short Income funds charge less.