Which returned more over the last year, IUSB or SGOV?

In the year to Oct 28, 2026, with distributions reinvested, IUSB returned −1.2% and SGOV +3.7%.

Which is cheaper, IUSB or SGOV?

IUSB is cheaper, by 0.03 percentage points a year. That is about $3 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

IUSB vs SGOV: Differences, Returns & Fees

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IUSB's duration was 5.5 years on Jul 31, 2026 and SGOV's 0.1 on Aug 31, 2026; IUSB charges 0.06% to SGOV's 0.09%.

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Net assets on Oct 27, 2026: $49.8bn for iShares Core Universal USD Bond ETF and $117.0bn for iShares 0-3 Month Treasury Bond ETF.

IUSB on its own →SGOV on its own →

At a glance

−1.2%

IUSB total return, 1 year

+3.7%

SGOV total return, 1 year

0.06%

IUSB expense ratio

0.09%

SGOV expense ratio

Pair scorecard

IUSB costs 0.03 points a year less; their one-year returns differ by 4.9 points; SGOV is 2.3 times larger.

IUSB vs SGOV: Differences, Returns & Fees
Measure	IUSB	SGOV
Return
Measure	IUSB	SGOV
Total return, 1 year	−1.2%	+3.7%
Benchmark
Measure	IUSB	SGOV
What it tracks	Bloomberg U.S. Universal Index	ICE 0-3 Month US Treasury Securities Index
Cost and size
Measure	IUSB	SGOV
Expense ratio	0.06%	0.09%
Net assets, as of Oct 27, 2026	$49.8bn	$117.0bn
Holdings
Measure	IUSB	SGOV
Holdings in common	0%

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

Risk and return

Jun 5, 2020 to Oct 23, 2026 · 333 weekly returns

IUSB SGOV

Return

Total return edge SGOV +2.0% +20.8%

Annualized edge SGOV +0.3% +3.0%

Price return edge SGOV −17.0% +0.6%

Risk

Volatility edge SGOV 5.1% 0.3%

Max drawdown edge SGOV −17.7% 0.0%

Risk-adjusted

Sharpe edge SGOV −0.52 −0.46

Sortino edge SGOV −0.69 −0.57

Calmar 0.02 Not measured

Reading

SGOV returned more: +20.8% to +2.0%. SGOV swung less: 0.3% to 5.1%. SGOV fell less at its worst: 0.0% to −17.7%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: IUSB vs SGOV: Differences, Returns & Fees
Measure	IUSB	SGOV	Edge	How it is measured
Return
Total return	+2.0%	+20.8%	SGOV	Price change plus distributions, reinvested.
Annualized	+0.3%	+3.0%	SGOV	Total return as a yearly rate.
Price return	−17.0%	+0.6%	SGOV	Price change alone, distributions left out.
Risk
Volatility	5.1%	0.3%	SGOV	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	3.8%	0.2%	SGOV	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−17.7%	0.0%	SGOV	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	−0.52	−0.46	SGOV	Return above Treasury bills per unit of volatility.
Sortino	−0.69	−0.57	SGOV	Return above Treasury bills per unit of downside deviation.
Calmar	0.02	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, IUSB and SGOV hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Aug 31, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first IUSB SGOV

Only in one fund ↓

Only in IUSB

Uniform Mortgage-Backed Securities, due Aug 25, 2056 0.41%

U.S. Treasury Notes, due Dec 31, 2029 0.37%

U.S. Treasury Notes, due May 15, 2036 0.37%

U.S. Treasury Notes, due Feb 15, 2034 0.36%

U.S. Treasury Notes, due Feb 15, 2035 0.35%

U.S. Treasury Notes, due Aug 15, 2035 0.34%

U.S. Treasury Notes, due May 15, 2034 0.34%

U.S. Treasury Notes, due Nov 15, 2034 0.34%

Only in SGOV

U.S. Treasury Bills, due Oct 20, 2026 10.18%

U.S. Treasury Bills, due Sep 22, 2026 8.59%

U.S. Treasury Bills, due Oct 13, 2026 8.51%

U.S. Treasury Bills, due Sep 29, 2026 6.82%

U.S. Treasury Bills, due Oct 27, 2026 6.76%

U.S. Treasury Bills, due Sep 1, 2026 6.63%

U.S. Treasury Bills, due Sep 15, 2026 6.04%

U.S. Treasury Bills, due Oct 29, 2026 5.18%

Check overlap with more funds →

Side by side

IUSB iShares Core Universal USD Bond ETF SGOV iShares 0-3 Month Treasury Bond ETF

Where it sits Bond ETF Bond ETF

Issuer iShares iShares

What it is Tracks an index of Universal USD Bond Tracks an index of 0-3 month T-bills

Total return, 1 year −1.2% +3.7%

Expense ratio 0.06% 0.09%

Holdings 18338 22

Net assets, as of Oct 27, 2026 $49.8bn $117.0bn

IUSB and SGOV on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-EBBE2C557C

IUSB and SGOV do different jobs. What does each one do in a portfolio?

What each follows. IUSB follows Bloomberg U.S. Universal Index 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 Jul 31, 2026 and Aug 31, 2026).
One-year total return. Over 1 year to Oct 28, 2026 IUSB returned −1.2% and SGOV +3.7% with distributions reinvested, a gap of 4.9 points.

Data as of Oct 28, 2026.

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About each fund

IUSB

IUSB tracks an index of Universal USD Bond. Over the year to Oct 28, 2026 it returned −1.2% with distributions reinvested. The prospectus expense ratio is 0.06% a year.

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

Which returned more over the last year, IUSB or SGOV?: In the year to Oct 28, 2026, with distributions reinvested, IUSB returned −1.2% and SGOV +3.7%.
Which is cheaper, IUSB or SGOV?: IUSB is cheaper, by 0.03 percentage points a year. That is about $3 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

BIL vs IUSB IUSB vs PULS IUSB vs USFR IUSB vs MINT FBND vs SGOV BOND vs SGOV SGOV vs TLT SGOV vs VCIT

Where to next

IUSB on its own →SGOV on its own →Hold both: look the portfolio through →Rankings →IUSB dividend history →IUSB holdings →SGOV dividend history →SGOV holdings →Standards and sources →

Sources and dates

IUSB and SGOV filings on SEC EDGAR ↗

IUSB prospectus with the expense ratio (SEC) ↗

iShares page for IUSB ↗

SGOV prospectus with the expense ratio (SEC) ↗

iShares page for SGOV ↗

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.

Cite this pageCitation, APA and Markdown

ETFIQ, IUSB against SGOV, data as of Oct 28, 2026. https://etfiq.com/compare/any/iusb-vs-sgov

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