TSYW vs. SGOV

Last updated Apr 1, 2026

Compare and contrast key facts about Roundhill Treasury Bond WeeklyPay ETF (TSYW) and iShares 0-3 Month Treasury Bond ETF (SGOV).

TSYW and SGOV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TSYW is an actively managed fund by Roundhill. It was launched on Nov 12, 2025. SGOV is a passively managed fund by iShares that tracks the performance of the ICE 0-3 Month US Treasury Securities Index. It was launched on May 26, 2020.

Performance

TSYW vs. SGOV - Performance Comparison

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

TSYW vs. SGOV - Yearly Performance Comparison

	2026 (YTD)	2025
TSYW Roundhill Treasury Bond WeeklyPay ETF	-0.81%	-2.56%
SGOV iShares 0-3 Month Treasury Bond ETF	0.86%	0.51%

Returns By Period

In the year-to-date period, TSYW achieves a -0.81% return, which is significantly lower than SGOV's 0.86% return.

TSYW

• 1D: 0.04%
• 1M: -5.24%
• YTD: -0.81%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SGOV

• 1D: 0.00%
• 1M: 0.29%
• YTD: 0.86%
• 6M: 1.88%
• 1Y: 4.07%
• 3Y*: 4.79%
• 5Y*: 3.40%
• 10Y*: —

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

TSYW vs. SGOV - Expense Ratio Comparison

TSYW has a 0.99% expense ratio, which is higher than SGOV's 0.09% expense ratio.

TSYW

Roundhill Treasury Bond WeeklyPay ETF

SGOV

iShares 0-3 Month Treasury Bond ETF

Return for Risk

TSYW vs. SGOV — Risk / Return Rank

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

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.

TSYW vs. SGOV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Treasury Bond WeeklyPay ETF (TSYW) 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.

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

Sharpe Ratios by Period

	TSYW	SGOV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	20.61	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	14.11	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.80	12.33	-13.13

Correlation

The correlation between TSYW and SGOV is -0.28. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

TSYW vs. SGOV - Dividend Comparison

TSYW's dividend yield for the trailing twelve months is around 4.88%, more than SGOV's 3.99% yield.

	TTM	2025	2024	2023	2022	2021	2020
TSYW Roundhill Treasury Bond WeeklyPay ETF	4.88%	1.63%	0.00%	0.00%	0.00%	0.00%	0.00%
SGOV iShares 0-3 Month Treasury Bond ETF	3.99%	4.10%	5.10%	4.87%	1.45%	0.03%	0.05%

Drawdowns

TSYW vs. SGOV - Drawdown Comparison

The maximum TSYW drawdown since its inception was -6.69%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for TSYW and SGOV.

Drawdown Indicators

	TSYW	SGOV	Difference
Max Drawdown Largest peak-to-trough decline	-6.69%	-0.03%	-6.66%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.01%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-0.03%	—
Current Drawdown Current decline from peak	-5.24%	0.00%	-5.24%
Average Drawdown Average peak-to-trough decline	-2.94%	0.00%	-2.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.00%	—

Volatility

Volatility by Period

	TSYW	SGOV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.06%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.13%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.16%	0.20%	+10.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.16%	0.24%	+10.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.16%	0.24%	+10.92%