Data as of Sep 21, 2026.
IBIT vs SGOV: how they differ
IBIT and SGOV hold 0% of their weight in the same names, and SGOV returned more over the year.
iShares Bitcoin Trust ETF and iShares 0-3 Month Treasury Bond ETF.
What they hold in common
By the books each fund has filed, IBIT and SGOV hold 0% of their money in the same securities at the same weight.
| Holding | IBIT | SGOV |
|---|---|---|
| USD CASH | 0.00% | -7.55% |
| Only in IBIT | Only in SGOV |
|---|---|
| BITCOIN 100.00% | TREASURY BILL 10.21% |
| TREASURY BILL 8.56% | |
| TREASURY BILL 8.53% | |
| TREASURY BILL 7.61% | |
| TREASURY BILL 6.84% | |
| TREASURY BILL 6.83% | |
| TREASURY BILL 5.99% | |
| TREASURY BILL 5.20% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 18, 2026.
| IBIT iShares Bitcoin Trust ETF | SGOV iShares 0-3 Month Treasury Bond ETF | |
|---|---|---|
| Where it sits | Core fund | Core fund |
| Issuer | iShares | iShares |
| What it is | Holds bitcoin | Tracks an index of 0-3 month T-bills |
| Total return, 1 year | −31.1% | +3.8% |
| S&P 500 over the same days | +16.6% | +16.6% |
| Gap to the S&P 500 | −47.6 pts | −12.8 pts |
| Expense ratio | 0.25% | 0.09% |
| Holdings | 2 | 24 |
| Net assets | $63.7bn | $110.9bn |
IBIT in plain words
IBIT holds bitcoin. Over the year to Sep 18, 2026 it returned −31.1% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.25% a year. It sat 35.5% below its high of Oct 6, 2025 on Sep 18, 2026.
SGOV in plain words
SGOV tracks an index of 0-3 month T-bills. Over the year to Sep 18, 2026 it returned +3.8% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.09% a year.
Questions people ask
- Which returned more over the last year, IBIT or SGOV?
- In the year to Sep 21, 2026, with distributions reinvested, IBIT returned −31.1% and SGOV returned +3.8%, so SGOV returned more.
- Which is cheaper, IBIT or SGOV?
- IBIT charges 0.25% a year and SGOV charges 0.09%, so SGOV is cheaper. Fees come from each fund's prospectus.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, IBIT against SGOV, data as of Sep 21, 2026. https://etfiq.com/compare/any/ibit-vs-sgov Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources