Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
MBB vs SGOV: how they differ
MBB and SGOV hold 0% of their weight in the same names, and SGOV returned more over the year.
iShares MBS ETF and iShares 0-3 Month Treasury Bond ETF.
What they hold in common
By the books each fund has filed, MBB and SGOV hold 0% of their money in the same securities at the same weight.
| Only in MBB | Only in SGOV |
|---|---|
| BLACKROCK CASH CL INST SL AGENCY 7.26% | TREASURY BILL 0.94% |
| GNMA2 SF 30YR 0.09% | BLK CSH FND TREASURY SL AGENCY 0.51% |
| GNMA II 30YR SF - JUMBO-CONFORMING 0.08% | |
| GNMA2 SINGLE FAMILY 30YR 0.04% | |
| GNMA II 30YR 0.03% | |
| GNMA2 30YR TBA(REG C) 0.03% | |
| UMBS 15YR TBA(REG B) 0.03% | |
| FNMA 30YR UMBS MEGA REMIC SUPER 0.02% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 10, 2026.
| MBB iShares MBS ETF | SGOV iShares 0-3 Month Treasury Bond ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | Mbs | 0-3 month T-bills |
| Total return, 1 year | −0.1% | +3.8% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −17.6 pts | −13.7 pts |
| Expense ratio | 0.04% | 0.09% |
| Holdings | 2599 | 23 |
MBB in plain words
MBB is a bond fund tracking the Mbs. Over the year to Sep 11, 2026 it returned −0.1% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.04% a year. It sat 3.3% below its high of Feb 27, 2026 on Sep 11, 2026.
SGOV in plain words
SGOV is a cash and treasury bills tracking the 0-3 month T-bills. Over the year to Sep 11, 2026 it returned +3.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.09% a year.
Questions people ask
- Which returned more over the last year, MBB or SGOV?
- In the year to Sep 13, 2026, with distributions reinvested, MBB returned −0.1% and SGOV returned +3.8%, so SGOV returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, MBB or SGOV?
- MBB charges 0.04% a year and SGOV charges 0.09%, so MBB is cheaper. Fees come from each fund's prospectus.
Other comparisons
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, MBB against SGOV, data as of Sep 13, 2026. https://etfiq.com/compare/any/mbb-vs-sgov Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources