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

In the year to Oct 28, 2026, with distributions reinvested, EMB returned −0.4% and SHV +3.6%.

Which is cheaper, EMB or SHV?

SHV is cheaper, by 0.24 percentage points a year. That is about $24 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

EMB vs SHV: Differences, Returns & Fees

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EMB's duration was 6.5 years on Jul 31, 2026 and SHV's 0.3 on Aug 31, 2026; SHV charges 0.15% to EMB's 0.39%.

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Net assets: $13.2bn on Oct 28, 2026 for iShares J.P. Morgan USD Emerging Markets Bond ETF, and $21.7bn on Oct 27, 2026 for iShares 0-1 Year Treasury Bond ETF.

EMB on its own →SHV on its own →

At a glance

−0.4%

EMB total return, 1 year

+3.6%

SHV total return, 1 year

0.39%

EMB expense ratio

0.15%

SHV expense ratio

Pair scorecard

SHV costs 0.24 points a year less; their one-year returns differ by 4.0 points; SHV is 1.6 times larger.

EMB vs SHV: Differences, Returns & Fees
Measure	EMB	SHV
Return
Measure	EMB	SHV
Total return, 1 year	−0.4%	+3.6%
Drawdown
Measure	EMB	SHV
Below its high	3.5%, high on Jun 29, 2026
Benchmark
Measure	EMB	SHV
What it tracks	J.P. Morgan EMBI Global Core Index	ICE Short US Treasury Securities Index
Cost and size
Measure	EMB	SHV
Expense ratio	0.39%	0.15%
Net assets, as of Oct 27, 2026	$13.2bn	$21.7bn
Holdings
Measure	EMB	SHV
Holdings in common	0%

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

What they share

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

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first EMB SHV

Only in one fund ↓

Only in EMB

Argentina Republic Government International Bonds, due Jul 9, 2035 1.21%

Ecuador Government International Bonds, due Jul 31, 2035 0.78%

Argentina Republic Government International Bonds, due Jan 9, 2038 0.70%

Argentina Republic Government International Bonds, due Jul 9, 2030 0.65%

Argentina Republic Government International Bonds, due Jul 9, 2041 0.57%

Ghana Government International Bonds, due Jul 3, 2035 0.55%

Uruguay Government International Bonds, due Jun 18, 2050 0.51%

Eagle Funding Luxco Sarl, due Aug 17, 2030 0.50%

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

EMB iShares J.P. Morgan USD Emerging Markets Bond ETF SHV iShares 0-1 Year Treasury Bond ETF

Where it sits Bond ETF Bond ETF

Issuer iShares iShares

What it is Tracks the J.P. Morgan USD Emerging Markets Bond Tracks an index of 0-1 Year Treasury Bond

Total return, 1 year −0.4% +3.6%

Expense ratio 0.39% 0.15%

Holdings 622 66

Net assets, EMB as of Oct 28, 2026 and SHV as of Oct 27, 2026 $13.2bn $21.7bn

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

Alert

About each fund

EMB

EMB tracks the J.P. Morgan USD Emerging Markets Bond. Over the year to Oct 28, 2026 it returned −0.4% with distributions reinvested. The prospectus expense ratio is 0.39% a year. It sat 3.5% below its high of Jun 29, 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, EMB or SHV?: In the year to Oct 28, 2026, with distributions reinvested, EMB returned −0.4% and SHV +3.6%.
Which is cheaper, EMB or SHV?: SHV is cheaper, by 0.24 percentage points a year. That is about $24 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

EMB vs SGOV EMB vs PULS EMB vs USFR EMB vs MINT SHV vs TIP PFF vs SHV HYG vs SHV IGIB vs SHV

Where to next

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

Sources and dates

EMB and SHV filings on SEC EDGAR ↗

EMB prospectus with the expense ratio (SEC) ↗

iShares page for EMB ↗

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

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