iShares 0-3 Month Treasury Bond ETF (SGOV) belongs to the Ultrashort Bond category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SGOV. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SGOV
SGOV charges 0.09% annually. There are 9 ETFs in the Ultrashort Bond category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| BondBloxx Bloomberg One Year Target Duration US Tr... | 0.03% | 758.60M | Sep 2022 | SGOV vs XONE | |
| BondBloxx Bloomberg Six Month Target Duration US T... | 0.03% | 1.91B | Sep 2022 | SGOV vs XHLF | |
| State Street SPDR Portfolio Ultra Short T-Bill ETF | 0.05% | 13.77M | Oct 2025 | SGOV vs SPTU | |
| Xtrackers US 0-1 Year Treasury ETF | 0.06% | — | Oct 2024 | SGOV vs TRSY | |
| Global X 1-3 Month T-Bill ETF | 0.07% | 2.61B | Jun 2023 | SGOV vs CLIP |
Best Risk-Adjusted Alternatives to SGOV
SGOV has a PortfoliosLab risk / return rank of 100. No ETFs in the Ultrashort Bond category have higher risk-adjusted ranks; the top alternatives shown here go as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | 100 | 46.75B | May 2007 | SGOV vs BIL | |
| Invesco Short Term Treasury ETF | 100 | 2.59B | Jan 2017 | SGOV vs TBLL | |
| Vanguard 0-3 Month Treasury Bill ETF | 100 | 8.40B | Feb 2025 | SGOV vs VBIL | |
| Goldman Sachs Access Treasury 0-1 Year ETF | 100 | 7.68B | Sep 2016 | SGOV vs GBIL | |
| PIMCO Ultra Short Government Active Exchange-Trade... | 100 | 1.03B | Jun 2023 | SGOV vs BILZ |
Top Performing SGOV Alternatives (YTD)
SGOV is at 1.94% YTD. There are 32 ETFs in the Ultrashort Bond category with higher YTD returns, going as high as 3.06%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| American Century Multisector Floating Income ETF | 3.06% | 22.67M | Mar 2023 | SGOV vs FUSI | |
| CrossingBridge Ultra-Short Duration ETF | 2.92% | 14.84M | Sep 2021 | SGOV vs CUSD | |
| NEOS Enhanced Income 1-3 Month T-Bill ETF | 2.73% | 1.45B | Aug 2022 | SGOV vs CSHI | |
| VanEck IG Floating Rate ETF | 2.50% | 2.89B | Apr 2011 | SGOV vs FLTR | |
| Simplify Treasury Option Income ETF | 2.42% | 474.96M | Oct 2022 | SGOV vs BUCK |
Lowest Volatility Alternatives to SGOV
SGOV has 0.19% 1-year volatility. No ETFs in the Ultrashort Bond category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 0.20%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Short Term Treasury ETF | 0.20% | 2.59B | Jan 2017 | SGOV vs TBLL | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 0.20% | 46.75B | May 2007 | SGOV vs BIL | |
| iShares 0-1 Year Treasury Bond ETF | 0.21% | 20.86B | Jan 2007 | SGOV vs SHV | |
| PIMCO Ultra Short Government Active Exchange-Trade... | 0.21% | 1.03B | Jun 2023 | SGOV vs BILZ | |
| Vanguard 0-3 Month Treasury Bill ETF | 0.21% | 8.40B | Feb 2025 | SGOV vs VBIL |
Lowest Drawdown Alternatives to SGOV
SGOV has a 1-year max drawdown of -0.01%. No ETFs in the Ultrashort Bond category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -0.01%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.01% | 46.75B | May 2007 | SGOV vs BIL | |
| Vanguard 0-3 Month Treasury Bill ETF | -0.01% | 8.40B | Feb 2025 | SGOV vs VBIL | |
| Invesco Short Term Treasury ETF | -0.02% | 2.59B | Jan 2017 | SGOV vs TBLL | |
| Global X 1-3 Month T-Bill ETF | -0.02% | 2.61B | Jun 2023 | SGOV vs CLIP | |
| iShares Treasury Floating Rate Bond ETF | -0.02% | 6.55B | Feb 2014 | SGOV vs TFLO |
Other ETFs from iShares
The 10 most viewed iShares ETFs shown here include IBIT, SOXX, IVV and span 15 categories. AUM among these funds goes as high as $894B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares Bitcoin Trust ETF | Cryptocurrency | 2 | -25.86% | 46.82B | Jan 2024 | SGOV vs IBIT | |
| iShares Semiconductor ETF | Semiconductors, Technology Equities | 93 | 84.58% | 47.60B | Jul 2001 | SGOV vs SOXX | |
| iShares Core S&P 500 ETF | S&P 500 | 70 | 11.32% | 894.38B | May 2000 | SGOV vs IVV | |
| iShares 20+ Year Treasury Bond ETF | Government Bonds, Long-Term Bond | 15 | -1.16% | 42.18B | Jul 2002 | SGOV vs TLT | |
| iShares Core Dividend Growth ETF | Large Cap Growth Equities, Dividend | 86 | 11.40% | 42.05B | Jun 2014 | SGOV vs DGRO | |
| iShares Silver Trust | Silver, Precious Metals | 29 | -18.95% | 28.37B | Apr 2006 | SGOV vs SLV | |
| iShares Gold Trust | Gold, Precious Metals | 25 | -6.02% | 60.94B | Jan 2005 | SGOV vs IAU | |
| iShares Russell 2000 ETF | Small Cap Blend Equities | 75 | 20.65% | 83.34B | May 2000 | SGOV vs IWM | |
| iShares MSCI ACWI ETF | Global Equities | 68 | 12.05% | 33.36B | Mar 2008 | SGOV vs ACWI | |
| iShares MSCI USA Momentum Factor ETF | Momentum, Large Cap Blend Equities | 56 | 25.16% | 27.36B | Apr 2013 | SGOV vs MTUM |
Often Compared With SGOV
Investors most often compare SGOV with SPAXX, SWVXX, USFR. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare SGOV with Any Fund or Stock
Compare SGOV with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SGOV with funds that move differently
iShares 0-3 Month Treasury Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SGOV.
Explore SGOV Diversifiers