Data as of Oct 28, 2026.
IBB vs SGOV: Differences, Returns & Fees
Over the year to Oct 28, 2026, IBB returned +37.5% to SGOV's +3.7%, and SGOV charges 0.09% to IBB's 0.44%.
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Net assets on Oct 27, 2026: $11.0bn for iShares Biotechnology ETF and $117.0bn for iShares 0-3 Month Treasury Bond ETF.
Pair scorecard
SGOV costs 0.35 points a year less; their one-year returns differ by 33.8 points; SGOV is 10.6 times larger.
| Measure | IBB | SGOV |
|---|---|---|
| Return | ||
| Total return, 1 year | +37.5% | +3.7% |
| Benchmark | ||
| What it tracks | Biotech | ICE 0-3 Month US Treasury Securities Index |
| Cost and size | ||
| Expense ratio | 0.44% | 0.09% |
| Net assets, as of Oct 27, 2026 | $11.0bn | $117.0bn |
| Active share vs the S&P 500 | 99% | |
| Holdings | ||
| Holdings in common | 0% | |
| In the S&P 500, by weight | 40% | |
| Top ten holdings, share of the fund | 50% | |
Holdings in common uses holdings dated Oct 27, 2026. Method
Risk and return
Jun 5, 2020 to Oct 23, 2026 · 333 weekly returnsIBB returned more: +60.8% to +20.8%. SGOV swung less: 0.3% to 21.7%. SGOV fell less at its worst: 0.0% to −37.5%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | IBB | SGOV | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +60.8% | +20.8% | IBB | Price change plus distributions, reinvested. |
| Annualized | +7.7% | +3.0% | IBB | Total return as a yearly rate. |
| Price return | +58.2% | +0.6% | IBB | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 21.7% | 0.3% | SGOV | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 14.6% | 0.2% | SGOV | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −37.5% | 0.0% | SGOV | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.31 | −0.46 | IBB | Return above Treasury bills per unit of volatility. |
| Sortino | 0.46 | −0.57 | IBB | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.20 | Not measured | Annualized return divided by the max drawdown. | |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 333 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, IBB and SGOV hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.
half
0% in common
Only in one fund ↓
Side by side
IBB and SGOV on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
IBB and SGOV do different jobs. What does each one do in a portfolio?
- What each follows. IBB follows Biotech and SGOV follows ICE 0-3 Month US Treasury Securities Index.
- Holdings in common. 0% of the weight is in the same securities (holdings dated Oct 27, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 IBB returned +37.5% and SGOV +3.7% with distributions reinvested, a gap of 33.8 points.
Data as of Oct 28, 2026.
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IBB
By weight, 40% of IBB's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 50% of the fund across 245 positions, as published by its issuer for Oct 27, 2026. Over the year to Oct 28, 2026 the fund returned +37.5% with distributions reinvested.
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 IBB and SGOV in the same category?
- IBB is a thematic 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, IBB or SGOV?
- In the year to Oct 28, 2026, with distributions reinvested, IBB returned +37.5% and SGOV +3.7%.
- Which is cheaper, IBB or SGOV?
- SGOV is cheaper, by 0.35 percentage points a year. That is about $35 on $10,000 held for a year. Fees come from each fund's prospectus.
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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, IBB against SGOV, data as of Oct 28, 2026. https://etfiq.com/compare/any/ibb-vs-sgov
ETFIQ. (Oct 28, 2026). IBB against SGOV. Retrieved from https://etfiq.com/compare/any/ibb-vs-sgov
[IBB against SGOV (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/ibb-vs-sgov)
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