WEEK vs. SHV
WEEK (Roundhill Weekly T-Bill ETF) and SHV (iShares 0-1 Year Treasury Bond ETF) are both exchange-traded funds - WEEK is a Ultrashort Bond fund actively managed by Roundhill, while SHV is a Government Bonds fund tracking the ICE Short US Treasury Securities Index. WEEK is actively managed, while SHV is passively managed. Over the past year, WEEK returned 3.81% vs 3.90% for SHV. At a 0.33 correlation, their price movements are largely independent. WEEK charges 0.19%/yr vs 0.15%/yr for SHV.
Performance
WEEK vs. SHV - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with WEEK having a 1.44% return and SHV slightly lower at 1.42%.
WEEK
- 1D
- 0.02%
- 1M
- 0.28%
- YTD
- 1.44%
- 6M
- 1.74%
- 1Y
- 3.81%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SHV
- 1D
- 0.00%
- 1M
- 0.27%
- YTD
- 1.42%
- 6M
- 1.75%
- 1Y
- 3.90%
- 3Y*
- 4.64%
- 5Y*
- 3.31%
- 10Y*
- 2.23%
WEEK vs. SHV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
WEEK Roundhill Weekly T-Bill ETF | 1.44% | 3.37% |
SHV iShares 0-1 Year Treasury Bond ETF | 1.42% | 3.45% |
Correlation
The correlation between WEEK and SHV is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Mar 7, 2025 | 0.33 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
WEEK vs. SHV — Risk / Return Rank
WEEK
SHV
WEEK vs. SHV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill Weekly T-Bill ETF (WEEK) and iShares 0-1 Year Treasury Bond ETF (SHV). 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.
| WEEK | SHV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -10.20 | ||
| Sortino ratioReturn per unit of downside risk | -130.40 | ||
| Omega ratioGain probability vs. loss probability | 4.65 | 53.77 | -49.11 |
| Calmar ratioReturn relative to maximum drawdown | 29.49 | 431.38 | -401.90 |
| Martin ratioReturn relative to average drawdown | 263.82 | 2,419.80 | -2,155.98 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| WEEK | SHV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 9.29 | 19.49 | -10.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 11.56 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 8.09 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 10.05 | 4.50 | +5.55 |
Drawdowns
WEEK vs. SHV - Drawdown Comparison
The maximum WEEK drawdown since its inception was -0.13%, smaller than the maximum SHV drawdown of -0.45%. Use the drawdown chart below to compare losses from any high point for WEEK and SHV.
Loading charts...
Drawdown Indicators
| WEEK | SHV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.13% | -0.45% | +0.32% |
Max Drawdown (1Y)Largest decline over 1 year | -0.13% | -0.01% | -0.12% |
Max Drawdown (3Y)Largest decline over 3 years | — | -0.03% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -0.40% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -0.45% | — |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -0.01% | -0.03% | +0.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.01% | 0.00% | +0.01% |
Volatility
WEEK vs. SHV - Volatility Comparison
Roundhill Weekly T-Bill ETF (WEEK) has a higher volatility of 0.07% compared to iShares 0-1 Year Treasury Bond ETF (SHV) at 0.05%. This indicates that WEEK's price experiences larger fluctuations and is considered to be riskier than SHV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WEEK | SHV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.07% | 0.05% | +0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 0.25% | 0.12% | +0.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.41% | 0.20% | +0.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.39% | 0.29% | +0.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.39% | 0.28% | +0.11% |
WEEK vs. SHV - Expense Ratio Comparison
WEEK has a 0.19% expense ratio, which is higher than SHV's 0.15% 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
WEEK vs. SHV - Dividend Comparison
WEEK's dividend yield for the trailing twelve months is around 3.72%, less than SHV's 3.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHV iShares 0-1 Year Treasury Bond ETF | 3.83% | 4.09% | 5.02% | 4.73% | 1.39% | 0.00% | 0.74% | 2.19% | 1.66% | 0.72% | 0.34% | 0.03% |
WEEK Roundhill Weekly T-Bill ETF | 3.72% | 3.27% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WEEK and SHV have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WEEK has higher volatility (0.07%) compared to SHV (0.05%). In terms of maximum drawdown, WEEK dropped -0.13% vs SHV's -0.45%.
On 1-year performance, SHV leads with 3.90% vs 3.81% for WEEK. On fees, SHV is cheaper at 0.15% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, SHV has performed better with a 3.90% return vs 3.81%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SHV is cheaper with a 0.15% expense ratio, compared with 0.19% for WEEK.
SHV has the higher dividend yield at 3.83%, compared with 3.72% for WEEK.
WEEK is categorized as Ultrashort Bond, while SHV is Government Bonds. They also come from different issuers: Roundhill and iShares. Their fees differ too: 0.19% for WEEK and 0.15% for SHV.
SHV currently has the higher Sharpe Ratio (19.49 vs 9.29), 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.
Find the right allocation for WEEK and SHV
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer