The Best Ultrashort Bond ETFs
The table below compares the performance and other essential indicators like dividend yield and expense ratio of Ultrashort Bond ETFs.
Ultrashort Bond ETFs and funds invest in fixed-income securities with very short maturities, usually under one year. With minimal interest-rate sensitivity, they aim to offer higher yields than money market funds while keeping principal volatility low, making them a common choice for parking cash or managing short-term liquidity needs.
- Number of ETFs
- 69
- Avg. Expense Ratio
- 0.23%
- Avg. Dividend Yield
- 3.99%
- Avg. 1 Year Return
- 4.24%
- Median Risk/Return Score
- 99 / 100
The Best Ultrashort Bond ETFs
69 results
Best Ultrashort Bond ETFs by Risk/Return Score
The top Ultrashort Bond ETFs by PortfoliosLab Risk/Return Score are SGOV (100) and TBLL (100).
The score measures risk-adjusted performance over the past year, accounting for volatility, drawdown, and return consistency.
| Symbol | Name | Risk / Return Rank | AUM | Inception |
|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | 100 | 95.28B | May 2020 | |
| Invesco Short Term Treasury ETF | 100 | 2.58B | Jan 2017 | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 100 | 46.54B | May 2007 | |
| PIMCO Ultra Short Government Active Exchange-Trade... | 100 | 1.09B | Jun 2023 | |
| Vanguard 0-3 Month Treasury Bill ETF | 100 | 8.40B | Feb 2025 |
Best-Performing Ultrashort Bond ETFs Over 5 Years
The top Ultrashort Bond ETFs is FLTR (4.54%).
Across the lineup, Ultrashort Bond ETFs show an average 1-year return of 4.24% and an average 5-year return of 3.56%, providing a clearer view of performance across different investment horizons.
| Symbol | Name | Return 5Y | AUM | Inception |
|---|---|---|---|---|
| VanEck IG Floating Rate ETF | 4.54% | 2.81B | Apr 2011 | |
| Invesco Variable Rate Investment Grade ETF | 4.46% | 1.52B | Sep 2016 | |
| iShares Floating Rate Bond ETF | 4.22% | 9.85B | Jun 2011 | |
| PGIM Ultra Short Bond ETF | 4.16% | 17.34B | Apr 2018 | |
| Janus Henderson Short Duration Income ETF | 3.83% | 3.30B | Nov 2016 |
Lowest-Cost Ultrashort Bond ETFs
The top Ultrashort Bond ETFs is XHLF (0.03%).
With an average expense ratio of 0.23%, Ultrashort Bond ETFs remain a low-cost option for investors seeking broad market exposure, sector allocations, and diversified portfolio building blocks.
| Symbol | Name | Expense Ratio | AUM | Inception |
|---|---|---|---|---|
| BondBloxx Bloomberg Six Month Target Duration US T... | 0.03% | 1.91B | Sep 2022 | |
| BondBloxx Bloomberg One Year Target Duration US Tr... | 0.03% | 758.60M | Sep 2022 | |
| State Street SPDR Portfolio Ultra Short T-Bill ETF | 0.05% | 13.77M | Oct 2025 | |
| Xtrackers US 0-1 Year Treasury ETF | 0.06% | — | Oct 2024 | |
| Vanguard Ultra-Short Treasury ETF | 0.07% | 991.30M | Feb 2025 |
Highest-Yield Ultrashort Bond ETFs
The top Ultrashort Bond ETFs is CUSD (13.85%).
Across the lineup, Ultrashort Bond ETFs show an average dividend yield of 3.99%, offering investors a steady stream of income through regular dividend payments, making them attractive for income-seeking portfolios.
| Symbol | Name | Dividend Yield | AUM | Inception |
|---|---|---|---|---|
| CrossingBridge Ultra-Short Duration ETF | 13.85% | 14.84M | Sep 2021 | |
| Simplify Treasury Option Income ETF | 7.40% | 465.86M | Oct 2022 | |
| NEOS Enhanced Income 1-3 Month T-Bill ETF | 5.31% | 1.34B | Aug 2022 | |
| American Century Multisector Floating Income ETF | 5.24% | 22.70M | Mar 2023 | |
| Yields for You Income Strategy A ETF | 5.16% | 23.32M | Jan 2025 |
Top ETFs Categories
Leveraged Equities · 529 ETFsEurope Equities · 513 ETFsGlobal Equities · 456 ETFsDerivative Income · 445 ETFsLarge Cap Blend Equities · 442 ETFsTechnology Equities · 379 ETFsDefined Outcome · 330 ETFsS&P 500 · 279 ETFsLarge Cap Growth Equities · 233 ETFsDividend · 214 ETFsEmerging Markets Equities · 211 ETFsForeign Large Cap Equities · 208 ETFsCorporate Bonds · 198 ETFsAsia Pacific Equities · 187 ETFsLarge Cap Value Equities · 177 ETFsGovernment Bonds · 173 ETFsCryptocurrency · 171 ETFsHigh Yield Bonds · 167 ETFsOptions Trading · 164 ETFsPrecious Metals · 158 ETFsMunicipal Bonds · 150 ETFsEnergy Equities · 142 ETFsHealth & Biotech Equities · 135 ETFsREIT · 130 ETFsNasdaq-100 · 129 ETFsDiversified Portfolio · 119 ETFsFinancials Equities · 116 ETFsChina Equities · 114 ETFsEuropean Government Bonds · 114 ETFsJapan Equities · 114 ETFs
Top ETFs Comparisons
Compare the top ETFs symbols based on PortfoliosLab usage data.
SGOV vs. SPAXXSGOV vs. SWVXXSGOV vs. VMFXXSGOV vs. VUSXXSGOV vs. SCHOBIL vs. SPAXXBIL vs. TBILBIL vs. SHYBIL vs. SWVXXBIL vs. BILSVBIL vs. VUSXXVBIL vs. VGSHVBIL vs. VGUSVBIL vs. sgovVBIL vs. BNDUSFR vs. VMFXXUSFR vs. VUSXXUSFR vs. FLOTUSFR vs. TBILUSFR vs. VGSHJPST vs. JPIEJPST vs. VGSHJPST vs. NEARJPST vs. VCSHJPST vs. JMSTBOXX vs. IB01.LBOXX vs. TBILBOXX vs. CSHIBOXX vs. JAAABOXX vs. CAOSMINT vs. EMNTMINT vs. NEARMINT vs. GSYMINT vs. PULSMINT vs. TBILTFLO vs. SPAXXTFLO vs. VUSXXTFLO vs. JAAATFLO vs. FLRNTFLO vs. GBILICSH vs. PULSICSH vs. SPAXXICSH vs. FLDRICSH vs. IUSBICSH vs. ERNS.LSHV vs. VGSHSHV vs. SHYSHV vs. SWVXXSHV vs. SCHOSHV vs. GSY
Risk vs. Return Scatterplot
The Risk vs. Return Scatterplot allows you to quickly compare funds, stocks, and ETFs in one view. It displays the yearly return of an instrument on one axis and the risk (volatility) on the other.
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5 Years