Which returned more over the last year, IWC or SHV?

In the year to Oct 28, 2026, with distributions reinvested, IWC returned +16.5% and SHV +3.6%.

Which is cheaper, IWC or SHV?

SHV is cheaper, by 0.45 percentage points a year. That is about $45 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

IWC vs SHV: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IWC returned +16.5% to SHV's +3.6%; 0% of their weight is in the same names.

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Net assets on Oct 27, 2026: $1.2bn for iShares Micro-Cap ETF and $21.7bn for iShares 0-1 Year Treasury Bond ETF.

IWC on its own →SHV on its own →

At a glance

+16.5%

IWC total return, 1 year

+3.6%

SHV total return, 1 year

0.60%

IWC expense ratio

0.15%

SHV expense ratio

Pair scorecard

SHV costs 0.45 points a year less; their one-year returns differ by 12.9 points; SHV is 18.1 times larger.

IWC vs SHV: Differences, Returns & Fees
Measure	IWC	SHV
Return
Measure	IWC	SHV
Total return, 1 year	+16.5%	+3.6%
Drawdown
Measure	IWC	SHV
Below its high	9.5%, high on Aug 14, 2026
Benchmark
Measure	IWC	SHV
What it tracks	Russell Microcap Index	ICE Short US Treasury Securities Index
Cost and size
Measure	IWC	SHV
Expense ratio	0.60%	0.15%
Net assets, as of Oct 27, 2026	$1.2bn	$21.7bn
Holdings
Measure	IWC	SHV
Holdings in common	0%
In the S&P 500, by weight	92%
Top ten holdings, share of the fund	5.9%

Holdings in common uses holdings dated Oct 27, 2026. Method

What they share

By the books each fund has filed, IWC and SHV hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first IWC SHV

Only in one fund ↓

Only in IWC

CAREDX 0.88%

PENGUIN SOLUTIONS INC 0.73%

NURIX THERAPEUTICS 0.63%

SELLAS LIFE SCIENCES GROUP INC 0.60%

VIRIDIAN THERAPEUTICS ORS 0.59%

OUSTER 0.53%

INTERFACE 0.52%

STRIVE INC CLASS A 0.50%

Only in SHV

TREASURY BILL 4.98%

TREASURY BILL 4.17%

TREASURY BILL 3.90%

TREASURY BILL 3.72%

TREASURY BILL 3.58%

TREASURY BILL 3.48%

TREASURY BILL 3.35%

TREASURY BILL 3.31%

Check overlap with more funds →

Side by side

IWC iShares Micro-Cap ETF SHV iShares 0-1 Year Treasury Bond ETF

Where it sits Stock ETF Bond ETF

Issuer iShares iShares

What it is Tracks the Russell Microcap Tracks an index of 0-1 Year Treasury Bond

Total return, 1 year +16.5% +3.6%

Its benchmark over the same days +13.3% (IWV) not measured

Gap to its benchmark +3.2 pts vs IWV not measured

Expense ratio 0.60% 0.15%

Holdings 1365 66

Net assets, as of Oct 27, 2026 $1.2bn $21.7bn

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

Alert

About each fund

IWC

Over the year to Oct 28, 2026 it returned +16.5% with distributions reinvested, against +13.3% for its benchmark, the Russell 3000 Index.

IWC tracks the Russell Microcap. The prospectus expense ratio is 0.60% a year. By its holdings published by its issuer for Oct 27, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 1,365 positions, with the top ten at 5.9%. It sat 9.5% below its high of Aug 14, 2026 on Oct 28, 2026.

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, IWC or SHV?: In the year to Oct 28, 2026, with distributions reinvested, IWC returned +16.5% and SHV +3.6%.
Which is cheaper, IWC or SHV?: SHV is cheaper, by 0.45 percentage points a year. That is about $45 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

IWC vs SGOV IWC vs MINT BOXX vs IWC IWC vs VBIL SHV vs VTWO IWM vs SHV SHV vs VB IJR vs SHV

Where to next

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

Sources and dates

IWC and SHV filings on SEC EDGAR ↗

IWC prospectus with the expense ratio (SEC) ↗

iShares page for IWC ↗

SHV prospectus with the expense ratio (SEC) ↗

iShares page for SHV ↗

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, IWC against SHV, data as of Oct 28, 2026. https://etfiq.com/compare/any/iwc-vs-shv

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