iShares 0-1 Year Treasury Bond ETF (SHV) belongs to the Government Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SHV. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SHV
SHV charges 0.15% annually. There are 48 ETFs in the Government Bonds category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Schwab Short-Term U.S. Treasury ETF | 0.03% | 12.71B | Aug 2010 | SHV vs SCHO | |
| Vanguard Short-Term Treasury ETF | 0.03% | 33.90B | Nov 2009 | SHV vs VGSH | |
| Vanguard Long-Term Treasury ETF | 0.03% | 14.80B | Nov 2009 | SHV vs VGLT | |
| State Street SPDR Portfolio Treasury ETF | 0.03% | 281.41M | May 2024 | SHV vs SPTB | |
| Vanguard Intermediate-Term Treasury ETF | 0.03% | 49.50B | Nov 2009 | SHV vs VGIT |
Best Risk-Adjusted Alternatives to SHV
SHV has a PortfoliosLab risk / return rank of 100. There are 2 ETFs in the Government Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | 100 | 46.54B | May 2007 | SHV vs BIL | |
| Goldman Sachs Access Treasury 0-1 Year ETF | 100 | 7.67B | Sep 2016 | SHV vs GBIL | |
| iShares Treasury Floating Rate Bond ETF | 100 | 6.61B | Feb 2014 | SHV vs TFLO | |
| WisdomTree Floating Rate Treasury Fund | 100 | 17.46B | Feb 2014 | SHV vs USFR | |
| BondBloxx Bloomberg Six Month Target Duration US T... | 100 | 1.91B | Sep 2022 | SHV vs XHLF |
Top Performing SHV Alternatives (YTD)
SHV is at 1.60% YTD. There are 9 ETFs in the Government Bonds category with higher YTD returns, going as high as 6.53%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Quadratic Deflation ETF | 6.53% | 24.48M | Sep 2021 | SHV vs BNDD | |
| iShares Global Government Bond USD Hedged Active E... | 2.75% | 2.80B | Jun 2025 | SHV vs GGOV | |
| Simplify Treasury Option Income ETF | 2.12% | 465.86M | Oct 2022 | SHV vs BUCK | |
| WisdomTree Floating Rate Treasury Fund | 1.82% | 17.46B | Feb 2014 | SHV vs USFR | |
| iShares Treasury Floating Rate Bond ETF | 1.81% | 6.61B | Feb 2014 | SHV vs TFLO |
Lowest Volatility Alternatives to SHV
SHV has 0.21% 1-year volatility. There is 1 ETF in the Government Bonds category with lower 1-year volatility, going as low as 0.20%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | 0.20% | 46.54B | May 2007 | SHV vs BIL | |
| Goldman Sachs Access Treasury 0-1 Year ETF | 0.23% | 7.67B | Sep 2016 | SHV vs GBIL | |
| WisdomTree Floating Rate Treasury Fund | 0.27% | 17.46B | Feb 2014 | SHV vs USFR | |
| iShares Treasury Floating Rate Bond ETF | 0.29% | 6.61B | Feb 2014 | SHV vs TFLO | |
| BondBloxx Bloomberg Six Month Target Duration US T... | 0.32% | 1.91B | Sep 2022 | SHV vs XHLF |
Lowest Drawdown Alternatives to SHV
SHV has a 1-year max drawdown of -0.03%. There are 4 ETFs in the Government Bonds category with shallower 1-year drawdowns, going as shallow as -0.01%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.01% | 46.54B | May 2007 | SHV vs BIL | |
| iShares Treasury Floating Rate Bond ETF | -0.02% | 6.61B | Feb 2014 | SHV vs TFLO | |
| WisdomTree Floating Rate Treasury Fund | -0.02% | 17.46B | Feb 2014 | SHV vs USFR | |
| Goldman Sachs Access Treasury 0-1 Year ETF | -0.02% | 7.67B | Sep 2016 | SHV vs GBIL | |
| iShares iBonds Dec 2025 Term Treasury ETF | -0.04% | 1.42B | Feb 2020 | SHV vs IBTF |
Other ETFs from iShares
The 10 most viewed iShares ETFs shown here include SGOV, IBIT, IVV and span 14 categories. AUM among these funds goes as high as $838B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 1.71% | 95.28B | May 2020 | SHV vs SGOV | |
| iShares Bitcoin Trust ETF | Cryptocurrency | 2 | -28.88% | 48.04B | Jan 2024 | SHV vs IBIT | |
| iShares Core S&P 500 ETF | S&P 500 | 59 | 8.20% | 837.93B | May 2000 | SHV vs IVV | |
| iShares Semiconductor ETF | Semiconductors, Technology Equities | 95 | 100.58% | 46.67B | Jul 2001 | SHV vs SOXX | |
| iShares 20+ Year Treasury Bond ETF | Government Bonds, Long-Term Bond | 14 | 0.77% | 41.34B | Jul 2002 | SHV vs TLT | |
| iShares Core Dividend Growth ETF | Large Cap Growth Equities, Dividend | 75 | 9.19% | 41.89B | Jun 2014 | SHV vs DGRO | |
| iShares Silver Trust | Silver, Precious Metals | 31 | -13.49% | 32.53B | Apr 2006 | SHV vs SLV | |
| iShares Gold Trust | Gold, Precious Metals | 22 | -4.73% | 64.29B | Jan 2005 | SHV vs IAU | |
| iShares Russell 2000 ETF | Small Cap Blend Equities | 67 | 20.47% | 81.35B | May 2000 | SHV vs IWM | |
| iShares MSCI ACWI ETF | Global Equities | 58 | 9.86% | 32.95B | Mar 2008 | SHV vs ACWI |
Often Compared With SHV
Investors most often compare SHV with SHY, SWVXX, GSY. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare SHV with Any Fund or Stock
Compare SHV with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SHV with funds that move differently
iShares 0-1 Year Treasury Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SHV.
Explore SHV Diversifiers