ETHB vs. SGOV

Last updated Jul 12, 2026

ETHB (iShares Staked Ethereum Trust ETF) and SGOV (iShares 0-3 Month Treasury Bond ETF) are both exchange-traded funds - ETHB is a Cryptocurrency fund tracking the CME CF Ether Dollar Reference Rate - New York Variant, while SGOV is a Ultrashort Bond fund tracking the ICE 0-3 Month US Treasury Securities Index. Both are passively managed. At a 0.03 correlation, their price movements are largely independent. ETHB charges 0.25%/yr vs 0.09%/yr for SGOV.

Performance

ETHB vs. SGOV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Staked Ethereum Trust ETF (ETHB) and iShares 0-3 Month Treasury Bond ETF (SGOV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ETHB

• 1D: 2.63%
• 1M: 6.67%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SGOV

• 1D: 0.02%
• 1M: 0.30%
• 6M: 1.80%
• YTD: 1.90%
• 1Y: 3.86%
• 3Y*: 4.67%
• 5Y*: 3.62%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ETHB vs. SGOV - Yearly Performance Comparison

	2026 (YTD)
ETHB iShares Staked Ethereum Trust ETF	-12.83%
SGOV iShares 0-3 Month Treasury Bond ETF	1.21%

Correlation

The correlation between ETHB and SGOV is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 12, 2026	0.03

Return for Risk

ETHB vs. SGOV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ETHB

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

SGOV

SGOV Risk / Return Rank: 100
SGOV Sharpe Ratio Rank: 100
SGOV Sortino Ratio Rank: 100
SGOV Omega Ratio Rank: 100
SGOV Calmar Ratio Rank: 100
SGOV Martin Ratio Rank: 100

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ETHB vs. SGOV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Staked Ethereum Trust ETF (ETHB) and iShares 0-3 Month Treasury Bond ETF (SGOV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ETHB	SGOV	Difference
Sharpe ratio: Return per unit of total volatility	—	20.77	—
Sortino ratio: Return per unit of downside risk	—	385.82	—
Omega ratio: Gain probability vs. loss probability	—	386.06	—
Calmar ratio: Return relative to maximum drawdown	—	394.07	—
Martin ratio: Return relative to average drawdown	—	6,243.29	—

Drawdowns

ETHB vs. SGOV - Drawdown Comparison

The maximum ETHB drawdown since its inception was -35.92%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for ETHB and SGOV.

Drawdown Indicators

	ETHB	SGOV	Difference
Max Drawdown Largest peak-to-trough decline	-35.92%	-0.03%	-35.89%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.01%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-0.01%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-0.03%	—
Current Drawdown Current decline from peak	-26.18%	0.00%	-26.18%
Average Drawdown Average peak-to-trough decline	-14.61%	-0.00%	-14.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.00%	—

Volatility

Volatility by Period

	ETHB	SGOV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.05%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.13%	—
Volatility (1Y) Calculated over the trailing 1-year period	54.01%	0.19%	+53.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	54.01%	0.24%	+53.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	54.01%	0.24%	+53.77%

ETHB vs. SGOV - Expense Ratio Comparison

ETHB has a 0.25% expense ratio, which is higher than SGOV's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

ETHB vs. SGOV - Dividend Comparison

ETHB's dividend yield for the trailing twelve months is around 0.21%, less than SGOV's 3.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
ETHB iShares Staked Ethereum Trust ETF	0.21%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SGOV iShares 0-3 Month Treasury Bond ETF	3.80%	4.10%	5.10%	4.87%	1.45%	0.03%	0.05%

Frequently Asked Questions

Can I hold both ETHB and SGOV in my portfolio?

ETHB and SGOV have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ETHB or SGOV?

On fees, SGOV is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ETHB or SGOV?

SGOV is cheaper with a 0.09% expense ratio, compared with 0.25% for ETHB.

Which ETF pays a higher dividend yield, ETHB or SGOV?

SGOV has the higher dividend yield at 3.80%, compared with 0.21% for ETHB.

What is the main difference between ETHB and SGOV?

ETHB is categorized as Cryptocurrency, while SGOV is Ultrashort Bond. ETHB tracks CME CF Ether Dollar Reference Rate - New York Variant, while SGOV tracks ICE 0-3 Month US Treasury Securities Index. Their fees differ too: 0.25% for ETHB and 0.09% for SGOV.