Data as of Oct 28, 2026.
IYR vs SGOV: Differences, Returns & Fees
Over the year to Oct 28, 2026, IYR returned +3.4% to SGOV's +3.7%; 0% of their weight is in the same names.
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Net assets: $3.9bn on Oct 28, 2026 for iShares U.S. Real Estate ETF, and $117.0bn on Oct 27, 2026 for iShares 0-3 Month Treasury Bond ETF.
Pair scorecard
SGOV costs 0.28 points a year less; their one-year returns differ by 0.3 points; SGOV is far larger, $116.9bn against $4.0bn.
| Measure | IYR | SGOV |
|---|---|---|
| Return | ||
| Total return, 1 year | +3.4% | +3.7% |
| Drawdown | ||
| Below its high | 8.6%, high on Jul 28, 2026 | |
| Benchmark | ||
| What it tracks | Dow Jones U.S. Real Estate Capped Index | ICE 0-3 Month US Treasury Securities Index |
| Cost and size | ||
| Expense ratio | 0.37% | 0.09% |
| Net assets, as of Oct 26, 2026 | $4.0bn | $116.9bn |
| Holdings | ||
| Holdings in common | 0% | |
| In the S&P 500, by weight | 80% | |
| Top ten holdings, share of the fund | 52.5% | |
Holdings in common uses holdings dated Oct 27, 2026. Method
Risk and return
Jun 5, 2020 to Oct 23, 2026 · 333 weekly returnsIYR returned more: +37.3% to +20.8%. SGOV swung less: 0.3% to 18.2%. SGOV fell less at its worst: 0.0% to −33.4%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | IYR | SGOV | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +37.3% | +20.8% | IYR | Price change plus distributions, reinvested. |
| Annualized | +5.1% | +3.0% | IYR | Total return as a yearly rate. |
| Price return | +16.3% | +0.6% | IYR | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 18.2% | 0.3% | SGOV | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 12.3% | 0.2% | SGOV | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −33.4% | 0.0% | SGOV | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.19 | −0.46 | IYR | Return above Treasury bills per unit of volatility. |
| Sortino | 0.29 | −0.57 | IYR | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.15 | 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, IYR and SGOV hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.
half
0% in common
Only in one fund ↓
Side by side
IYR and SGOV on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
IYR and SGOV do different jobs. What does each one do in a portfolio?
- What each follows. IYR follows Dow Jones U.S. Real Estate Capped 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 Oct 27, 2026).
- Cost. IYR charges 0.37% of assets a year and SGOV 0.09%, a gap of 0.28 points.
Data as of Oct 28, 2026.
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IYR
IYR tracks an index of U.S. Real Estate. Over the year to Oct 28, 2026 it returned +3.4% with distributions reinvested. The prospectus expense ratio is 0.37% a year. By its holdings published by its issuer for Oct 27, 2026, 80% of the fund by weight is stocks the S&P 500 also holds, across 59 positions, with the top ten at 52.5%. It sat 8.6% below its high of Jul 28, 2026 on Oct 28, 2026.
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, IYR or SGOV?
- In the year to Oct 28, 2026, with distributions reinvested, IYR returned +3.4% and SGOV +3.7%.
- Which is cheaper, IYR or SGOV?
- SGOV is cheaper, by 0.28 percentage points a year. That is about $28 on $10,000 held for a year. Fees come from each fund's prospectus.
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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, IYR against SGOV, data as of Oct 28, 2026. https://etfiq.com/compare/any/iyr-vs-sgov
ETFIQ. (Oct 28, 2026). IYR against SGOV. Retrieved from https://etfiq.com/compare/any/iyr-vs-sgov
[IYR against SGOV (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/iyr-vs-sgov)
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