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Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

SHV vs VTEB: how they differ

SHV and VTEB hold 0% of their weight in the same names, and SHV returned more over the year.

iShares 0-1 Year Treasury Bond ETF and Vanguard Tax-Exempt Bond Index Fund.

What they hold in common

By the books each fund has filed, SHV and VTEB hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in SHVOnly in VTEB
United States of America 17.17%University of California 0.12%
United States of America 12.38%Triborough Bridge & Tunnel Authority 0.12%
United States of America 9.88%Colorado State Education Loan Program 0.11%
United States of America 8.60%State of California 0.11%
United States of America 8.55%New York City Transitional Finance Autho 0.09%
United States of America 8.38%Dallas Independent School District 0.09%
United States of America 6.85%New York State Dormitory Authority 0.09%
United States of America 6.81%Ohio Water Development Authority Water P 0.09%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and May 31, 2026.

SHV and VTEB on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
SHV
iShares 0-1 Year Treasury Bond ETF
VTEB
Vanguard Tax-Exempt Bond Index Fund
Where it sitsCore index fundCore index fund
IssueriSharesVanguard
What it is0-1 Year Treasury BondTax-Exempt Bond
Total return, 1 year+3.6%+0.2%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−13.9 pts−17.3 pts
Expense ratio0.15%0.03%
Holdings1310185

SHV in plain words

SHV is a bond fund tracking the 0-1 Year Treasury Bond. Over the year to Sep 11, 2026 it returned +3.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year.

VTEB in plain words

VTEB is a bond fund tracking the Tax-Exempt Bond. Over the year to Sep 11, 2026 it returned +0.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. It sat 3.6% below its high of Jul 6, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, SHV or VTEB?
In the year to Sep 12, 2026, with distributions reinvested, SHV returned +3.6% and VTEB returned +0.2%, so SHV returned more. One year is one year; the longer windows are in the table.
Which is cheaper, SHV or VTEB?
SHV charges 0.15% a year and VTEB charges 0.03%, so VTEB is cheaper. Fees come from each fund's prospectus.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

SHV against VTEB, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, SHV against VTEB, data as of Sep 12, 2026. https://etfiq.com/compare/any/SHV-VTEB Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources