Data as of Oct 28, 2026.
HIGH vs SGOV: Differences, Returns & Fees
Over the year to Oct 28, 2026, HIGH returned −5.4% to SGOV's +3.7%, and SGOV charges 0.09% to HIGH's 0.50%.
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Net assets on Oct 27, 2026: $56m for Simplify Enhanced Income ETF and $117.0bn for iShares 0-3 Month Treasury Bond ETF.
Pair scorecard
SGOV costs 0.41 points a year less; their one-year returns differ by 9.1 points; SGOV is far larger, $117.0bn against $56m.
| Measure | HIGH | SGOV |
|---|---|---|
| Return | ||
| Total return, 1 year | −5.4% | +3.7% |
| Price change, 1 year | fell 10.9% | rose 0.0% |
| Latest payout, annualized | 5.7% | |
| Return of capital, issuer estimate | 0% of the Sep 25, 2026 payment | |
| Benchmark | ||
| What it tracks | not published | ICE 0-3 Month US Treasury Securities Index |
| Cost and size | ||
| Expense ratio | 0.50% | 0.09% |
| Net assets, as of Oct 27, 2026 | $56m | $117.0bn |
| Holdings | ||
| Holdings in common | 0% | |
Holdings in common uses holdings dated Jun 30, 2026 and Oct 27, 2026. Method
Risk and return
Nov 4, 2022 to Oct 23, 2026 · 207 weekly returnsSGOV returned more: +19.5% to +12.0%. SGOV swung less: 0.1% to 7.7%. SGOV fell less at its worst: 0.0% to −9.5%.
Full scorecard
8 measures, with how each is measured Open ↓
| Measure | HIGH | SGOV | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +12.0% | +19.5% | SGOV | Price change plus distributions, reinvested. |
| Annualized | +2.9% | +4.6% | SGOV | Total return as a yearly rate. |
| Price return | −16.6% | +0.5% | SGOV | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 7.7% | 0.1% | SGOV | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 4.9% | 0.1% | SGOV | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −9.5% | 0.0% | SGOV | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | −0.19 | −0.90 | HIGH | Return above Treasury bills per unit of volatility. |
| Sortino | −0.30 | −1.15 | HIGH | Return above Treasury bills per unit of downside deviation. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 207 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, HIGH and SGOV hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 27, 2026.
half
0% in common
Only in one fund ↓
Side by side
HIGH and SGOV on the fields both publish, as of Oct 28, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price.
No client brief for this pair: the two funds' holdings are dated 119 days apart.
HIGH
Over the year to Oct 28, 2026, HIGH paid 5.6% of its starting value in cash distributions while its price fell 10.9%. With every distribution reinvested, the fund returned −5.4%. At its price on Oct 28, 2026 the latest distribution annualizes to 5.7%, paid monthly. Simplify estimates that 0% of the distribution paid Sep 25, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
SGOV
SGOV tracks an index of 0-3 month T-bills. Over the year to Oct 28, 2026 it returned +3.7% with distributions reinvested. The prospectus expense ratio is 0.09% a year.
Questions people ask
- Are HIGH and SGOV in the same category?
- HIGH is an option-income ETF and SGOV is a bond ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
- Which returned more over the last year, HIGH or SGOV?
- In the year to Oct 28, 2026, with distributions reinvested, HIGH returned −5.4% and SGOV +3.7%.
- Which is cheaper, HIGH or SGOV?
- SGOV is cheaper, by 0.41 percentage points a year. That is about $41 on $10,000 held for a year. Fees come from each fund's prospectus.
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.
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ETFIQ, HIGH against SGOV, data as of Oct 28, 2026. https://etfiq.com/compare/any/high-vs-sgov
ETFIQ. (Oct 28, 2026). HIGH against SGOV. Retrieved from https://etfiq.com/compare/any/high-vs-sgov
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