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ICSH vs SGVA

iShares Ultra Short Duration Bond Active ETF

ICSHACboe

F/m Accumulator Ultrashort Treasury Fund

SGVADNasdaq

Overlap

No data

Expense ratio

ICSH −0.14pt a year

ICSH0.08%SGVA0.22%

Avg volume · 30D

ICSH 41.2×the volume

ICSH1.67MSGVA40.5K

ICSH vs SGVA Performance

Aug 4, 2026 – Nov 4, 2026

+0.8%ICSH+0.9%SGVA

Aug 4, 2026 to Nov 4, 2026. ICSH +0.8%. SGVA +0.9%. Use the arrow keys to read each point.0%0.2%0.4%0.6%Aug 2026Sep 2026Nov 2026
Expense ratio
ICSH 0.08%, better
SGVA 0.22%
Fund size
ICSH $8.9B
SGVA $255M
1Y total return
ICSH +3.7%
SGVA No data
Yield (12M)
ICSH 4.12%
SGVA No data
Holdings
ICSH 404
SGVA 2
Avg volume (30D)
ICSH 1.67M sh, better
SGVA 40.5K sh
NAV per share
ICSH $50.30
SGVA $101.41
52W range

ETF.net Grade

ICSH: Cost 89, Risk 50, Mission 100, Tradability 76, Holdings 96, Durability 91. SGVA: Cost 28, Risk 38, Mission not scored, Tradability 62, Holdings 20, Durability 28.
Pillar letters and Scores for ICSH, SGVA, with each pillar’s weight
PillarICSHSGVA
Cost30% weightA89HigherD28
Mission25% weightA100Not scored
Risk15% weightC50HigherD38
Tradability15% weightA76HigherB62
Holdings10% weightA96HigherF20
Durability5% weightA91HigherD28

Rank among Cash & Ultra-Short Income funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. ICSH and SGVA are both graded against the same 78 Cash & Ultra-Short Income funds, so their Grades compare head to head.

Cash & Ultra-Short Income⁠

Category · 78 funds
See all 78 ›

ICSH ranks 1st and SGVA 73rd of 78 funds in the Cash & Ultra-Short Income Category.

  1. Rank 1AICSHiShares Ultra Short Duration Bond Active ETFScore 84
  2. Rank 2ACLIPGlobal X 1-3 Month T-Bill ETFScore 82
  3. Rank 72DRMMERareview Government Money Market ETFScore 36
  4. Rank 73DSGVAF/m Accumulator Ultrashort Treasury FundScore 35
  5. Rank 74DGCSHGuggenheim Ultra Short Income ETFScore 31

Our read on each fund

ETF.net Research

ICSHAiShares Ultra Short Duration Bond Active ETF

SGVADF/m Accumulator Ultrashort Treasury Fund

In short

ICSH BlackRock's active cash-parking sleeve, live since 2013: roughly 250 ultra-short investment-grade bonds and money market instruments, run for current income with preservation of capital, at 0.08% a year.

SGVA No data

Stated mandate

ICSH The fund seeks current income consistent with preservation of capital through actively managed exposure to ultra-short-term investment-grade bonds and money market instruments.

SGVA No data

Why people hold it

  • ICSH At 0.08% a year it undercuts the typical cash-alternative ETF, which charges about 0.20%, and comes in below top-rated rivals like FLUD and JPST.
  • Actively managed rather than a fixed ladder: the team picks across ultra-short investment-grade bonds and money market instruments, spread over roughly 250 positions.ishares.com
  • Trading since 2013 and now a multi-billion-dollar fund that changes hands actively, giving it one of the longer records in the cash-alternative aisle.
  • Sits in the top quartile of its cash-alternative peer group, helped by high-quality holdings and low cost.

SGVA No data

Worth knowing

  • ICSH Not a money market fund. The share price floats, and preservation of capital is the stated aim, not a promise.ishares.com
  • It holds investment-grade corporate paper alongside money market instruments, so it carries credit risk a Treasury-bill-only fund does not.ishares.com
  • It pays monthly, but the amount rides short-term rates, and as an active fund its results can drift from its 6-month T-bill reference index either way.

SGVA No data

Full ICSH profile⁠

Full SGVA profile⁠

ICSH vs SGVA Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

ICSH vs SGVA Cost

Overpaying SGVA vs ICSH

$2,869

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • ICSH 0.08%

    $1,689

  • SGVA 0.22%

    $4,558

$10,000
30 years

Cost over time

  • ICSH 0.08%
  • SGVA 0.22%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K$5K051015202530SGVA $4,558ICSH $1,689

Year by year

YearICSHSGVAOverpaying
10$147$401$254
20$575$1,561$986
30$1,689$4,558$2,869

Expense ratio

  • 0.08%ICSH, cheaper
  • 0.22%SGVA
  • Middle half of Cash & Ultra-Short Income funds
  • Median 0.18%

ICSH 10th cheapest of 78 funds

SGVA 56th cheapest of 78 funds

ICSH vs SGVA Dividends

Last 12 months to Nov 4, 2026
Yield (12M)
ICSH 4.12%
SGVA No data
Payout (12M)
ICSH $2.07
SGVA None
Last payment
ICSH $0.18
SGVA No data
Ex-dividend
ICSH Nov 2, 2026
SGVA No data
Paid on
ICSH Pays Nov 5, 2026
SGVA No data
Frequency
ICSH Monthly
SGVA No data

Distribution history

Per share, 2023 to 2026, same scale for both

ICSHMonthly · 46 paymentsAll ICSH payments⁠
One bar per payment. 46 payments from 2023 to 2026 YTD. Feb 1, 2023 $0.20; Mar 1, 2023 $0.16; Apr 3, 2023 $0.18; May 1, 2023 $0.18; Jun 1, 2023 $0.19; Jul 3, 2023 $0.20; Aug 1, 2023 $0.22; Sep 1, 2023 $0.22; Oct 2, 2023 $0.20; Nov 1, 2023 $0.23; Dec 1, 2023 $0.22; Dec 14, 2023 $0.22; Feb 1, 2024 $0.23; Mar 1, 2024 $0.22; Apr 1, 2024 $0.23; May 1, 2024 $0.22; Jun 3, 2024 $0.23; Jul 1, 2024 $0.22; Aug 1, 2024 $0.22; Sep 3, 2024 $0.22; Oct 1, 2024 $0.22; Nov 1, 2024 $0.21; Dec 2, 2024 $0.21; Dec 18, 2024 $0.21; Feb 3, 2025 $0.20; Mar 3, 2025 $0.18; Apr 1, 2025 $0.20; May 1, 2025 $0.19; Jun 2, 2025 $0.20; Jul 1, 2025 $0.20; Aug 1, 2025 $0.21; Sep 2, 2025 $0.19; Oct 1, 2025 $0.19; Nov 3, 2025 $0.19; Dec 1, 2025 $0.18; Dec 19, 2025 $0.19; Feb 2, 2026 $0.17; Mar 2, 2026 $0.16; Apr 1, 2026 $0.17; May 1, 2026 $0.17; Jun 1, 2026 $0.17; Jul 1, 2026 $0.17; Aug 3, 2026 $0.17; Sep 1, 2026 $0.17; Oct 1, 2026 $0.17; Nov 2, 2026 $0.18. Use the arrow keys to read each point.$0$0.2520232026YTD
SGVAAll SGVA payments⁠

No distribution history available.

ICSH vs SGVA Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
ICSH 0.4%SGVA No data
Return per unit of riskSharpe ratio, 3 years
ICSH 0.87SGVA No data
Worst fallMax drawdown, 5 years
ICSH −0.7%SGVA No data
Market sensitivityBeta, 5 years
ICSH 0.04SGVA −0.01

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