Data as of Oct 28, 2026.

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AGG vs SHV: Differences, Returns & Fees

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On Aug 31, 2026 AGG's duration was 5.8 years and SHV's 0.3; AGG charges 0.03% to SHV's 0.15%.

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Net assets on Oct 27, 2026: $139.4bn for iShares Core U.S. Aggregate Bond ETF and $21.7bn for iShares 0-1 Year Treasury Bond ETF.

At a glance
−1.4%
AGG total return, 1 year
+3.6%
SHV total return, 1 year
0.03%
AGG expense ratio
0.15%
SHV expense ratio

Pair scorecard

AGG costs 0.12 points a year less; their one-year returns differ by 5.0 points; AGG is 6.4 times larger.

AGG vs SHV: Differences, Returns & Fees
MeasureAGGSHV
Return
Total return, 1 year−1.4%+3.6%
Drawdown
Below its high3.4%, high on Aug 4, 2020
Benchmark
What it tracksBloomberg U.S. Aggregate Bond IndexICE Short US Treasury Securities Index
Cost and size
Expense ratio0.03%0.15%
Net assets, as of Oct 27, 2026$139.4bn$21.7bn
Holdings
Holdings in common0%

Holdings in common uses holdings dated Aug 31, 2026. Method

What they share

0%

By the books each fund has filed, AGG and SHV hold 0% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first AGG SHV
Only in one fund ↓
Only in AGG
U.S. Treasury Notes, due Feb 15, 2035 0.41%
U.S. Treasury Notes, due Nov 15, 2034 0.40%
U.S. Treasury Notes, due Feb 28, 2030 0.40%
U.S. Treasury Notes, due May 15, 2034 0.40%
U.S. Treasury Notes, due Aug 15, 2034 0.39%
U.S. Treasury Notes, due Feb 15, 2036 0.39%
U.S. Treasury Notes, due May 15, 2035 0.39%
U.S. Treasury Notes, due Nov 15, 2033 0.38%
Only in SHV
U.S. Treasury Bills, due Jan 14, 2027 4.95%
U.S. Treasury Bills, due Oct 29, 2026 4.53%
U.S. Treasury Bills, due Oct 13, 2026 3.86%
U.S. Treasury Bills, due Dec 15, 2026 3.60%
U.S. Treasury Bills, due Oct 27, 2026 3.56%
U.S. Treasury Bills, due Dec 22, 2026 3.55%
U.S. Treasury Bills, due Oct 1, 2026 3.37%
U.S. Treasury Bills, due Nov 12, 2026 3.33%
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Side by side

AGG iShares Core U.S. Aggregate Bond ETF SHV iShares 0-1 Year Treasury Bond ETF
Where it sits Bond ETF Bond ETF
What it is Tracks an index of US aggregate bonds Tracks an index of 0-1 Year Treasury Bond
Total return, 1 year −1.4% +3.6%
Its benchmark over the same days −1.3% (SCHZ) not measured
Gap to its benchmark −0.1 pts vs SCHZ not measured
Expense ratio 0.03% 0.15%
Holdings 13469 66
Net assets, as of Oct 27, 2026 $139.4bn $21.7bn

AGG and SHV on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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About each fund
AGG

AGG tracks an index of US aggregate bonds. Over the year to Oct 28, 2026 it returned −1.4% with distributions reinvested, against −1.3% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.03% a year. It sat 3.4% below its high of Aug 4, 2020 on Oct 28, 2026.

SHV

SHV tracks an index of 0-1 Year Treasury Bond. Over the year to Oct 28, 2026 it returned +3.6% with distributions reinvested. The prospectus expense ratio is 0.15% a year.

Questions people ask

Which returned more over the last year, AGG or SHV?
In the year to Oct 28, 2026, with distributions reinvested, AGG returned −1.4% and SHV +3.6%.
Which is cheaper, AGG or SHV?
AGG is cheaper, by 0.12 percentage points a year. That is about $12 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, AGG against SHV, data as of Oct 28, 2026. https://etfiq.com/compare/any/agg-vs-shv

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