iShares 1-3 Year Treasury Bond ETF
$81.46+0.01 (+0.02%)
- 0.15%
- $27.4B
- +2.0%
- 3.61%
- 3.92M sh
- low $80.95high $83.20
The ETF.net SHY Grade
B
Score 65 out of 100
- 7 of 15
Score 65 of 100 falls in the B 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.C43 out of 100Rank 8 of 15Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 14Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D31 out of 100Rank 15 of 15Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A86 out of 100Rank 2 of 15Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B55 out of 100Rank 8 of 15Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A88 out of 100Rank 2 of 15
Our read on SHY
In short
BThe incumbent slice of the short Treasury curve: about 90 U.S. government notes maturing in one to three years, running since 2002, heavily traded, paying monthly. The established name in its aisle, priced like it.
Stated mandate
The fund seeks to track an index of U.S. Treasury bonds with remaining maturities of one to three years, providing targeted exposure to short-term government debt.
Why people hold it
Worth knowing
SHY Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
SHY$10,204
Returns run to the Oct 30, 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 | SHY |
|---|---|
| Year to date | +1.3% |
| 1 month | +0.9% |
| 3 months | +0.5% |
| 1 year | +2.0% |
| 3 years | +4.1% |
| 5 years | +2.0% |
| 10 years | +1.7% |
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 | SHY |
|---|---|---|
| 2026 YTD | +1.3% | |
| 2025 | +5.0% | |
| 2024 | +3.9% | |
| 2023 | +4.2% | |
| 2022 | −3.9% | |
| 2021 | −0.7% | |
| 2020 | +3.0% |
SHY in the news
SHY Dividends
- 3.61%
- $2.95
- $0.24 per share
- Monthly
SHY Risk
- 1.6%
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.
- −0.25
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.
- −5.4%
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.
- 0.22
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
SHY Cost
Overpaying vs VGSH, tied cheapest in Treasuries (1-3 Year)
$2,499
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
SHY 0.15%
$3,137
VGSH 0.03% Tied cheapest
$638
Cost over time
Year by year
| Year | SHY | VGSH | Overpaying |
|---|---|---|---|
| 10 | $274 | $55 | $219 |
| 20 | $1,071 | $216 | $855 |
| 30 | $3,137 | $638 | $2,499 |
Other funds in Treasuries (1-3 Year)
- BBOXXAlpha Architect 1-3 Month Box ETFExpense ratio 0.19%1 year return +4.1%
- BXTWOBondBloxx Bloomberg Two Year Target Duration US Treasury ETFExpense ratio 0.05%1 year return +2.0%
- BSLDRGlobal X Short-Term Treasury Ladder ETFExpense ratio 0.12%1 year return +2.1%
- BUTWOUS Treasury 2 Year Note ETFExpense ratio 0.15%1 year return +1.9%
- BUSSHWisdomTree 1-3 Year Laddered Treasury FundExpense ratio 0.15%1 year return +2.0%
