Data as of Sep 21, 2026.
IBIT vs SHY: how they differ
IBIT and SHY hold 0% of their weight in the same names, and SHY returned more over the year.
iShares Bitcoin Trust ETF and iShares 1-3 Year Treasury Bond ETF.
What they hold in common
By the books each fund has filed, IBIT and SHY hold 0% of their money in the same securities at the same weight.
| Holding | IBIT | SHY |
|---|---|---|
| USD CASH | 0.00% | 0.00% |
| Only in IBIT | Only in SHY |
|---|---|
| BITCOIN 100.00% | TREASURY NOTE 2.14% |
| TREASURY NOTE 1.99% | |
| TREASURY NOTE 1.82% | |
| TREASURY NOTE 1.72% | |
| TREASURY NOTE 1.62% | |
| TREASURY NOTE 1.54% | |
| TREASURY NOTE 1.50% | |
| TREASURY NOTE 1.48% |
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 | SHY iShares 1-3 Year Treasury Bond ETF | |
|---|---|---|
| Where it sits | Core fund | Core fund |
| Issuer | iShares | iShares |
| What it is | Holds bitcoin | Tracks an index of 1-3 Year Treasury Bond |
| Total return, 1 year | −31.1% | +1.5% |
| S&P 500 over the same days | +16.6% | +16.6% |
| Gap to the S&P 500 | −47.6 pts | −15.0 pts |
| Expense ratio | 0.25% | 0.15% |
| Holdings | 2 | 93 |
| Net assets | $63.7bn | $26.1bn |
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.
SHY in plain words
SHY tracks an index of 1-3 Year Treasury Bond. Over the year to Sep 18, 2026 it returned +1.5% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year.
Questions people ask
- Which returned more over the last year, IBIT or SHY?
- In the year to Sep 21, 2026, with distributions reinvested, IBIT returned −31.1% and SHY returned +1.5%, so SHY returned more.
- Which is cheaper, IBIT or SHY?
- IBIT charges 0.25% a year and SHY charges 0.15%, so SHY is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where to next
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 SHY, data as of Sep 21, 2026. https://etfiq.com/compare/any/ibit-vs-shy Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources