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ICSH vs SHV: Differences, Returns & Fees

ICSH's duration was 0.7 years on Jul 31, 2026 and SHV's 0.3 on May 31, 2026; ICSH charges 0.08% to SHV's 0.15%. Net assets on Oct 20, 2026: $9.0bn for iShares Ultra Short Duration Bond Active ETF and $23.5bn for iShares 0-1 Year Treasury Bond ETF.

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Answers cite the figures on this page.

ICSH costs 0.07 points a year less; their one-year returns differ by 0.1 points; SHV is 2.6 times larger.

ICSH vs SHV: Differences, Returns & Fees
ICSHSHV
Expense ratio0.08%0.15%
Net assets$9.0bn$23.5bn
Total return, 1 year+3.5%+3.6%
What it tracksNo index, actively managedICE Short US Treasury Securities Index
Holdings in commonreport dates differ

Holdings in common uses holdings dated May 31, 2026 and Jul 31, 2026.

+3.5%
ICSH total return, 1 year
+3.6%
SHV total return, 1 year
0.08%
ICSH expense ratio
0.15%
SHV expense ratio

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Client brief · page 1 of 2Report BR-C91D1E4FB2

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

  1. What each follows. ICSH follows No index, actively managed and SHV follows ICE Short US Treasury Securities Index.
  2. Number of holdings. ICSH holds 407 positions and SHV holds 67.
  3. One-year total return (similar). Over 1 year to Oct 20, 2026 ICSH returned +3.5% and SHV +3.6% with distributions reinvested, a gap of 0.1 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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On the same fields

ICSH
iShares Ultra Short Duration Bond Active ETF
SHV
iShares 0-1 Year Treasury Bond ETF
Where it sits Bond ETF Bond ETF
Issuer iShares iShares
What it is Actively managed Tracks an index of 0-1 Year Treasury Bond
Total return, 1 year +3.5% +3.6%
Expense ratio 0.08% 0.15%
Holdings 407 67
Net assets $9.0bn $23.5bn

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

About ICSH

ICSH is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +3.5% with distributions reinvested. The prospectus expense ratio is 0.08% a year.

About SHV

SHV tracks an index of 0-1 Year Treasury Bond. Over the year to Oct 20, 2026 it returned +3.6% with distributions reinvested. The prospectus expense ratio is 0.15% a year.

Questions people ask

Which returned more over the last year, ICSH or SHV?
In the year to Oct 20, 2026, with distributions reinvested, ICSH returned +3.5% and SHV +3.6%.
Which is cheaper, ICSH or SHV?
ICSH is cheaper, by 0.07 percentage points a year. That is about $7 on $10,000 held for a year. Fees come from each fund's prospectus.
Other comparisons
ICSH vs SGOVICSH vs PULSICSH vs USFRICSH vs JPSTSHV vs VUSBSHV vs TBILSHV vs TFLOFLOT vs SHV
ICSH on its own →SHV on its own →Hold both: look the portfolio through →Rankings →ICSH dividend history →ICSH holdings →SHV dividend history →SHV holdings →Standards and sources →
Where these figures came from
ICSH filings on SEC EDGAR ↗ICSH prospectus with the expense ratio (SEC) ↗iShares page for ICSH ↗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.

Cite this pageCitation, APA and Markdown

ETFIQ, ICSH against SHV, data as of Oct 20, 2026. https://etfiq.com/compare/any/icsh-vs-shv

Open data

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