SGOV vs. MA
SGOV (iShares 0-3 Month Treasury Bond ETF) is Ultrashort Bond fund tracking the ICE 0-3 Month US Treasury Securities Index, while MA (Mastercard Incorporated) is a stock. Over the past 5 years, SGOV returned 3.63%/yr vs 8.21%/yr for MA. At a correlation of -0.02, they often move in opposite directions.
Performance
SGOV vs. MA - Performance Comparison
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Returns By Period
In the year-to-date period, SGOV achieves a 1.99% return, which is significantly higher than MA's -3.64% return.
SGOV
- 1D
- 0.01%
- 1M
- 0.29%
- 6M
- 1.80%
- YTD
- 1.99%
- 1Y
- 3.87%
- 3Y*
- 4.64%
- 5Y*
- 3.63%
- 10Y*
- —
- ALL TIME*
- 2.96%
MA
- 1D
- 0.71%
- 1M
- 11.96%
- 6M
- 1.82%
- YTD
- -3.64%
- 1Y
- -0.33%
- 3Y*
- 11.92%
- 5Y*
- 8.21%
- 10Y*
- 20.01%
- ALL TIME*
- 28.24%
SGOV vs. MA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SGOV iShares 0-3 Month Treasury Bond ETF | 1.99% | 4.24% | 5.27% | 5.12% | 1.58% | 0.04% | 0.04% |
MA Mastercard Incorporated | -3.64% | 9.04% | 24.17% | 23.40% | -2.66% | 1.16% | 19.37% |
Correlation
The correlation between SGOV and MA is -0.01, 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 (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.02 |
Correlation (All Time) Calculated using the full available price history since May 28, 2020 | -0.02 |
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Return for Risk
SGOV vs. MA — Risk / Return Rank
SGOV
MA
SGOV vs. MA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares 0-3 Month Treasury Bond ETF (SGOV) and Mastercard Incorporated (MA). 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.
| SGOV | MA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +20.85 | ||
| Sortino ratioReturn per unit of downside risk | +382.68 | ||
| Omega ratioGain probability vs. loss probability | 383.06 | 1.02 | +382.04 |
| Calmar ratioReturn relative to maximum drawdown | 390.94 | -0.02 | +390.96 |
| Martin ratioReturn relative to average drawdown | 6,193.70 | -0.03 | +6,193.73 |
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Drawdowns
SGOV vs. MA - Drawdown Comparison
The maximum SGOV drawdown since its inception was -0.03%, smaller than the maximum MA drawdown of -62.67%. Use the drawdown chart below to compare losses from any high point for SGOV and MA.
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Drawdown Indicators
| SGOV | MA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.03% | -62.67% | +62.64% |
Max Drawdown (1Y)Largest decline over 1 year | -0.01% | -20.91% | +20.90% |
Max Drawdown (3Y)Largest decline over 3 years | -0.01% | -20.91% | +20.90% |
Max Drawdown (5Y)Largest decline over 5 years | -0.03% | -28.25% | +28.22% |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.00% | — |
Current DrawdownCurrent decline from peak | 0.00% | -8.03% | +8.03% |
Average DrawdownAverage peak-to-trough decline | -0.00% | -9.84% | +9.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.00% | 11.12% | -11.12% |
Volatility
SGOV vs. MA - Volatility Comparison
The current volatility for iShares 0-3 Month Treasury Bond ETF (SGOV) is 0.05%, while Mastercard Incorporated (MA) has a volatility of 6.95%. This indicates that SGOV experiences smaller price fluctuations and is considered to be less risky than MA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SGOV | MA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.05% | 6.95% | -6.90% |
Volatility (6M)Calculated over the trailing 6-month period | 0.13% | 17.75% | -17.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.19% | 21.88% | -21.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.24% | 23.98% | -23.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.24% | 26.91% | -26.67% |
Dividends
SGOV vs. MA - Dividend Comparison
SGOV's dividend yield for the trailing twelve months is around 3.80%, more than MA's 0.62% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MA Mastercard Incorporated | 0.62% | 0.53% | 0.50% | 0.53% | 0.56% | 0.49% | 0.45% | 0.44% | 0.53% | 0.58% | 0.74% | 0.66% |
SGOV iShares 0-3 Month Treasury Bond ETF | 3.80% | 4.10% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SGOV and MA have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MA has higher volatility (6.95%) compared to SGOV (0.05%). In terms of maximum drawdown, SGOV dropped -0.03% vs MA's -62.67%.
SGOV currently has the higher Sharpe Ratio (20.84 vs -0.01), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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