USD=X vs. SGOV
USD=X (USD Cash) is a currency, while SGOV (iShares 0-3 Month Treasury Bond ETF) is Ultrashort Bond fund tracking the ICE 0-3 Month US Treasury Securities Index. Over the past 5 years, USD=X returned 0.00%/yr vs 3.64%/yr for SGOV.
Performance
USD=X vs. SGOV - Performance Comparison
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Returns By Period
USD=X
- 1D
- 0.00%
- 1M
- 0.00%
- 6M
- 0.00%
- YTD
- 0.00%
- 1Y
- 0.00%
- 3Y*
- 0.00%
- 5Y*
- 0.00%
- 10Y*
- 0.00%
- ALL TIME*
- 0.00%
SGOV
- 1D
- 0.03%
- 1M
- 0.31%
- 6M
- 1.80%
- YTD
- 2.04%
- 1Y
- 3.87%
- 3Y*
- 4.65%
- 5Y*
- 3.64%
- 10Y*
- —
- ALL TIME*
- 2.96%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.66B | $1.89B | $2.03B |
USD=X vs. SGOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
USD=X USD Cash | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SGOV iShares 0-3 Month Treasury Bond ETF | 2.04% | 4.24% | 5.27% | 5.12% | 1.58% | 0.04% | 0.04% |
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Return for Risk
USD=X vs. SGOV — Risk / Return Rank
USD=X
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SGOV
USD=X vs. SGOV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for USD Cash (USD=X) 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.
| USD=X | SGOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 383.06 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 390.94 | — |
| Martin ratioReturn relative to average drawdown | — | 6,193.70 | — |
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Drawdowns
USD=X vs. SGOV - Drawdown Comparison
The maximum USD=X drawdown since its inception was 0.00%, smaller than the maximum SGOV drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for USD=X and SGOV.
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Drawdown Indicators
| USD=X | SGOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | 0.00% | -0.03% | +0.03% |
Max Drawdown (1Y)Largest decline over 1 year | 0.00% | -0.01% | +0.01% |
Max Drawdown (3Y)Largest decline over 3 years | 0.00% | -0.01% | +0.01% |
Max Drawdown (5Y)Largest decline over 5 years | 0.00% | -0.03% | +0.03% |
Max Drawdown (10Y)Largest decline over 10 years | 0.00% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | 0.00% | -0.00% | 0.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.00% | 0.00% | 0.00% |
Volatility
USD=X vs. SGOV - Volatility Comparison
The current volatility for USD Cash (USD=X) is 0.00%, while iShares 0-3 Month Treasury Bond ETF (SGOV) has a volatility of 0.05%. This indicates that USD=X experiences smaller price fluctuations and is considered to be less risky than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| USD=X | SGOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 0.05% | -0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 0.00% | 0.13% | -0.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.00% | 0.19% | -0.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.00% | 0.24% | -0.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.00% | 0.24% | -0.24% |
Frequently Asked Questions
SGOV has higher volatility (0.05%) compared to USD=X (0.00%). In terms of maximum drawdown, USD=X dropped 0.00% vs SGOV's -0.03%.
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