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

In the year to Oct 20, 2026, with distributions reinvested, GBIL returned +3.6% and SHV +3.6%.

Which is cheaper, GBIL or SHV?

GBIL is cheaper, by 0.03 percentage points a year. That is about $3 on $10,000 held for a year. Fees come from each fund's prospectus.

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GBIL vs SHV: Differences, Returns & Fees

On May 31, 2026 GBIL's duration was 0.4 years and SHV's 0.3; GBIL charges 0.12% to SHV's 0.15%. Net assets: $7.9bn on Oct 19, 2026 for Goldman Sachs Access Treasury 0-1 Year ETF, and $23.5bn on Oct 20, 2026 for iShares 0-1 Year Treasury Bond ETF.

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Answers cite the figures on this page.

GBIL costs 0.03 points a year less; both returned +3.6% over a year; SHV is 3.0 times larger.

GBIL vs SHV: Differences, Returns & Fees
	GBIL	SHV
Expense ratio	0.12%	0.15%
Net assets, as of Oct 19, 2026	$7.9bn	$23.5bn
Total return, 1 year	+3.6%	+3.6%
What it tracks	not read by ETFIQ	ICE Short US Treasury Securities Index
Holdings in common	36%

Holdings in common uses holdings dated May 31, 2026.

+3.6%

GBIL total return, 1 year

+3.6%

SHV total return, 1 year

0.12%

GBIL expense ratio

0.15%

SHV expense ratio

Client brief · page 1 of 2Report BR-B7DEFA4E9D

GBIL and SHV are built for the same job. How do they differ in cost, holdings and results?

What each follows. GBIL follows not read by ETFIQ and SHV follows ICE Short US Treasury Securities Index.
Holdings in common. 36% of the weight is in the same securities (holdings dated May 31, 2026).
One-year total return (similar). Over 1 year to Oct 20, 2026 GBIL returned +3.6% and SHV +3.6% with distributions reinvested, a gap of 0.0 points.

Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.

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What they hold in common

By the books each fund has filed, GBIL and SHV hold 36% of their money in the same securities at the same weight. Holdings dated May 31, 2026.

50%

half

36% in common

Positions both hold, largest shared weight first

Holding GBIL SHV

B 0 07/28/26, due Jul 28, 2026 3.50% 4.42%

B 0 08/25/26, due Aug 25, 2026 3.40% 4.95%

WIB 0 07/16/26, due Jul 16, 2026 6.33% 3.16%

B 0 10/29/26, due Oct 29, 2026 2.82% 4.49%

B 0 11/27/26, due Nov 27, 2026 2.75% 2.72%

B 0 07/21/26, due Jul 21, 2026 6.33% 2.14%

T 3.5 09/30/26, due Sep 30, 2026 3.84% 1.75%

T 4.375 07/31/26, due Jul 31, 2026 1.74% 1.40%

B 0 07/14/26, due Jul 14, 2026 1.33% 4.10%

B 0 10/01/26, due Oct 1, 2026 1.32% 2.64%

B 0 09/24/26, due Sep 24, 2026 1.32% 3.01%

T 0.625 07/31/26, due Jul 31, 2026 2.45% 1.21%

Only in GBIL

T 3.875 03/31/27, due Mar 31, 2027 3.67%

T 3.75 04/30/27, due Apr 30, 2027 3.67%

T 4.125 02/28/27, due Feb 28, 2027 3.33%

T 4.25 11/30/26, due Nov 30, 2026 2.40%

T 1.125 10/31/26, due Oct 31, 2026 2.19%

T 1.25 12/31/26, due Dec 31, 2026 2.05%

T 4.625 11/15/26, due Nov 15, 2026 1.52%

T 4.25 12/31/26, due Dec 31, 2026 1.48%

Only in SHV

U.S. Treasury Bills, due Jun 2, 2026 4.23%

U.S. Treasury Bills, due Jun 16, 2026 3.74%

U.S. Treasury Bills, due Sep 29, 2026 3.34%

U.S. Treasury Bills, due Nov 12, 2026 3.30%

U.S. Treasury Bills, due Sep 8, 2026 3.12%

U.S. Treasury Bills, due Apr 15, 2027 2.87%

U.S. Treasury Bills, due Dec 24, 2026 2.45%

U.S. Treasury Notes, due Jun 30, 2026 2.43%

Check overlap with more funds →

On the same fields

GBIL

Goldman Sachs Access Treasury 0-1 Year ETF

SHV

iShares 0-1 Year Treasury Bond ETF

Where it sits Bond ETF Bond ETF

Issuer Goldman Sachs iShares

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

Total return, 1 year +3.6% +3.6%

Expense ratio 0.12% 0.15%

Holdings 43 67

Net assets, GBIL as of Oct 19, 2026 and SHV as of Oct 20, 2026 $7.9bn $23.5bn

GBIL and SHV on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About GBIL

GBIL tracks an index. Over the year to Oct 20, 2026 it returned +3.6% with distributions reinvested. The prospectus expense ratio is 0.12% a year.

About SHV

SHV tracks an index of 0-1 Year Treasury Bond. The prospectus expense ratio is 0.15% a year.

Questions people ask

Which returned more over the last year, GBIL or SHV?: In the year to Oct 20, 2026, with distributions reinvested, GBIL returned +3.6% and SHV +3.6%.
Which is cheaper, GBIL or SHV?: GBIL is cheaper, by 0.03 percentage points a year. That is about $3 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

GBIL vs VUSB GBIL vs ICSH GBIL vs TBIL GBIL vs TFLO SHV vs TBIL SHV vs VBIL SHV vs USFR SHV vs TBLL

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

Where these figures came from

GBIL filings on SEC EDGAR ↗GBIL prospectus with the expense ratio (SEC) ↗Goldman Sachs website ↗SHV filings on SEC EDGAR ↗SHV prospectus with the expense ratio (SEC) ↗iShares page for SHV ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. 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, GBIL against SHV, data as of Oct 20, 2026. https://etfiq.com/compare/any/gbil-vs-shv

Open data

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