Data as of Oct 28, 2026.

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IUSB vs SHV: Differences, Returns & Fees

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IUSB's duration was 5.5 years on Jul 31, 2026 and SHV's 0.3 on Aug 31, 2026; IUSB charges 0.06% to SHV's 0.15%.

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Net assets on Oct 27, 2026: $49.8bn for iShares Core Universal USD Bond ETF and $21.7bn for iShares 0-1 Year Treasury Bond ETF.

At a glance
−1.2%
IUSB total return, 1 year
+3.6%
SHV total return, 1 year
0.06%
IUSB expense ratio
0.15%
SHV expense ratio

Pair scorecard

IUSB costs 0.09 points a year less; their one-year returns differ by 4.8 points; IUSB is 2.3 times larger.

IUSB vs SHV: Differences, Returns & Fees
MeasureIUSBSHV
Return
Total return, 1 year−1.2%+3.6%
Benchmark
What it tracksBloomberg U.S. Universal IndexICE Short US Treasury Securities Index
Cost and size
Expense ratio0.06%0.15%
Net assets, as of Oct 27, 2026$49.8bn$21.7bn
Holdings
Holdings in common0%

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

What they share

0%

By the books each fund has filed, IUSB and SHV hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Aug 31, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first IUSB SHV
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 SHV
U.S. Treasury Bills, due Jan 14, 2027 4.95%
U.S. Treasury Bills, due Oct 29, 2026 4.53%
U.S. Treasury Bills, due Oct 13, 2026 3.86%
U.S. Treasury Bills, due Dec 15, 2026 3.60%
U.S. Treasury Bills, due Oct 27, 2026 3.56%
U.S. Treasury Bills, due Dec 22, 2026 3.55%
U.S. Treasury Bills, due Oct 1, 2026 3.37%
U.S. Treasury Bills, due Nov 12, 2026 3.33%
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Side by side

IUSB iShares Core Universal USD Bond ETF SHV iShares 0-1 Year Treasury Bond ETF
Where it sits Bond ETF Bond ETF
What it is Tracks an index of Universal USD Bond Tracks an index of 0-1 Year Treasury Bond
Total return, 1 year −1.2% +3.6%
Expense ratio 0.06% 0.15%
Holdings 18338 66
Net assets, as of Oct 27, 2026 $49.8bn $21.7bn

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

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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.

SHV

SHV tracks an index of 0-1 Year Treasury Bond. Over the year to Oct 28, 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, IUSB or SHV?
In the year to Oct 28, 2026, with distributions reinvested, IUSB returned −1.2% and SHV +3.6%.
Which is cheaper, IUSB or SHV?
IUSB is cheaper, by 0.09 percentage points a year. That is about $9 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, IUSB against SHV, data as of Oct 28, 2026. https://etfiq.com/compare/any/iusb-vs-shv

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