Which returned more over the last year, BOND or SHV?

In the year to Oct 28, 2026, with distributions reinvested, BOND returned −1.4% and SHV +3.6%.

Which is cheaper, BOND or SHV?

SHV is cheaper, by 0.39 percentage points a year. That is about $39 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

BOND vs SHV: Differences, Returns & Fees

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Over the year to Oct 28, 2026, BOND returned −1.4% to SHV's +3.6%, and SHV charges 0.15% to BOND's 0.54%.

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Net assets: $8.3bn on Jun 30, 2026 for PIMCO Active Bond Exchange-Traded Fund, and $21.7bn on Oct 27, 2026 for iShares 0-1 Year Treasury Bond ETF.

BOND on its own →SHV on its own →

At a glance

−1.4%

BOND total return, 1 year

+3.6%

SHV total return, 1 year

0.54%

BOND expense ratio

0.15%

SHV expense ratio

Pair scorecard

SHV costs 0.39 points a year less; their one-year returns differ by 5.0 points.

BOND vs SHV: Differences, Returns & Fees
Measure	BOND	SHV
Return
Measure	BOND	SHV
Total return, 1 year	−1.4%	+3.6%
Drawdown
Measure	BOND	SHV
Below its high	3.1%, high on Feb 27, 2026
Benchmark
Measure	BOND	SHV
What it tracks	No index, actively managed	ICE Short US Treasury Securities Index
Cost and size
Measure	BOND	SHV
Expense ratio	0.54%	0.15%
Net assets, BOND as of Jun 30, 2026 and SHV as of Oct 27, 2026	$8.3bn	$21.7bn
Holdings
Measure	BOND	SHV
Holdings in common	0%

Holdings in common uses holdings dated Jun 30, 2026 and Aug 31, 2026. Method

Risk and return

Mar 9, 2012 to Oct 23, 2026 · 763 weekly returns

BOND SHV

Return

Total return edge BOND +47.4% +26.7%

Annualized edge BOND +2.7% +1.6%

Price return edge SHV −12.6% +0.1%

Risk

Volatility edge SHV 4.9% 0.3%

Max drawdown edge SHV −19.5% −0.4%

Risk-adjusted

Sharpe edge BOND 0.21 −0.45

Sortino edge BOND 0.28 −0.68

Calmar edge SHV 0.14 4.20

Reading

BOND returned more: +47.4% to +26.7%. SHV swung less: 0.3% to 4.9%. SHV fell less at its worst: −0.4% to −19.5%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: BOND vs SHV: Differences, Returns & Fees
Measure	BOND	SHV	Edge	How it is measured
Return
Total return	+47.4%	+26.7%	BOND	Price change plus distributions, reinvested.
Annualized	+2.7%	+1.6%	BOND	Total return as a yearly rate.
Price return	−12.6%	+0.1%	SHV	Price change alone, distributions left out.
Risk
Volatility	4.9%	0.3%	SHV	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	3.6%	0.2%	SHV	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−19.5%	−0.4%	SHV	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.21	−0.45	BOND	Return above Treasury bills per unit of volatility.
Sortino	0.28	−0.68	BOND	Return above Treasury bills per unit of downside deviation.
Calmar	0.14	4.20	SHV	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 763 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, BOND and SHV hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Aug 31, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first BOND SHV

Only in one fund ↓

Only in BOND

Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 5.56%

PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund 4.07%

Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 3.46%

U.S. Treasury Bonds, due Feb 15, 2043 3.39%

Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 2.73%

U.S. Treasury Bonds, due Nov 15, 2045 2.57%

Uniform Mortgage-Backed Security, TBA, due Sep 1, 2056 2.54%

Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 2.27%

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%

Check overlap with more funds →

Side by side

BOND PIMCO Active Bond Exchange-Traded Fund SHV iShares 0-1 Year Treasury Bond ETF

Where it sits Bond ETF Bond ETF

Issuer PIMCO iShares

What it is Actively managed Tracks an index of 0-1 Year Treasury Bond

Total return, 1 year −1.4% +3.6%

Its benchmark over the same days −1.4% (AGG) not measured

Gap to its benchmark 0.0 pts vs AGG not measured

Expense ratio 0.54% 0.15%

Holdings 1565 66

Net assets, BOND as of Jun 30, 2026 and SHV as of Oct 27, 2026 $8.3bn $21.7bn

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

Client brief · page 1 of 2 Report BR-A82C0503AF

BOND and SHV do different jobs. What does each one do in a portfolio?

What each follows. BOND follows No index, actively managed and SHV follows ICE Short US Treasury Securities Index.
Holdings in common. 0% of the weight is in the same securities (holdings dated Jun 30, 2026 and Aug 31, 2026).
One-year total return. Over 1 year to Oct 28, 2026 BOND returned −1.4% and SHV +3.6% with distributions reinvested, a gap of 5.0 points.

Data as of Oct 28, 2026.

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About each fund

BOND

BOND is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned −1.4% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg U.S. Aggregate Index. The prospectus expense ratio is 0.54% a year. It sat 3.1% below its high of Feb 27, 2026 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, BOND or SHV?: In the year to Oct 28, 2026, with distributions reinvested, BOND returned −1.4% and SHV +3.6%.
Which is cheaper, BOND or SHV?: SHV is cheaper, by 0.39 percentage points a year. That is about $39 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

BOND vs BOXX BOND vs VBIL BOND vs VUSB BOND vs SGOV IUSB vs SHV GBIL vs SHV ICSH vs SHV SHV vs TBIL

Where to next

BOND on its own →SHV on its own →Hold both: look the portfolio through →Rankings →BOND dividend history →BOND holdings →SHV dividend history →SHV holdings →Standards and sources →

Sources and dates

BOND filings on SEC EDGAR ↗

BOND prospectus with the expense ratio (SEC) ↗

PIMCO website ↗

SHV filings on SEC EDGAR ↗

SHV prospectus with the expense ratio (SEC) ↗

iShares page for SHV ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, BOND against SHV, data as of Oct 28, 2026. https://etfiq.com/compare/any/bond-vs-shv

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.