USTB vs. SGOV
Compare and contrast key facts about VictoryShares USAA Core Short-Term Bond ETF (USTB) and iShares 0-3 Month Treasury Bond ETF (SGOV).
USTB and SGOV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. USTB is an actively managed fund by Crestview. It was launched on Oct 24, 2017. SGOV is a passively managed fund by iShares that tracks the performance of the ICE 0-3 Month US Treasury Bill Index. It was launched on May 26, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: USTB or SGOV.
Key characteristics
| USTB | SGOV | |
|---|---|---|
| YTD Return | 1.26% | 1.68% |
| 1Y Return | 5.63% | 5.38% |
| 3Y Return (Ann) | 1.80% | 2.79% |
| Sharpe Ratio | 2.34 | 21.88 |
| Daily Std Dev | 2.53% | 0.25% |
| Max Drawdown | -5.32% | -0.03% |
| Current Drawdown | -0.25% | 0.00% |
Correlation
The correlation between USTB and SGOV is 0.02, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
USTB vs. SGOV - Performance Comparison
In the year-to-date period, USTB achieves a 1.26% return, which is significantly lower than SGOV's 1.68% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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USTB vs. SGOV - Expense Ratio Comparison
USTB has a 0.34% expense ratio, which is higher than SGOV's 0.03% expense ratio.
Risk-Adjusted Performance
USTB vs. SGOV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VictoryShares USAA Core Short-Term Bond ETF (USTB) 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.
Dividends
USTB vs. SGOV - Dividend Comparison
USTB's dividend yield for the trailing twelve months is around 4.98%, less than SGOV's 5.14% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
USTB VictoryShares USAA Core Short-Term Bond ETF | 4.98% | 4.49% | 2.54% | 1.84% | 2.58% | 2.69% | 2.32% | 0.31% |
SGOV iShares 0-3 Month Treasury Bond ETF | 5.14% | 4.87% | 1.45% | 0.03% | 0.05% | 0.00% | 0.00% | 0.00% |
Drawdowns
USTB vs. SGOV - Drawdown Comparison
The maximum USTB drawdown since its inception was -5.32%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for USTB and SGOV. For additional features, visit the drawdowns tool.
Volatility
USTB vs. SGOV - Volatility Comparison
VictoryShares USAA Core Short-Term Bond ETF (USTB) has a higher volatility of 0.64% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.06%. This indicates that USTB's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.