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

In the year to Oct 28, 2026, with distributions reinvested, MTUM returned +18.4% and SHV +3.6%.

Which is cheaper, MTUM or SHV?

Neither: MTUM and SHV both charge 0.15% a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

MTUM vs SHV: Differences, Returns & Fees

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Over the year to Oct 28, 2026, MTUM returned +18.4% to SHV's +3.6%; 0% of their weight is in the same names.

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Net assets on Oct 27, 2026: $18.7bn for iShares MSCI USA Momentum Factor ETF and $21.7bn for iShares 0-1 Year Treasury Bond ETF.

MTUM on its own →SHV on its own →

At a glance

+18.4%

MTUM total return, 1 year

+3.6%

SHV total return, 1 year

0.15%

MTUM expense ratio

0.15%

SHV expense ratio

Pair scorecard

Both cost 0.15% a year; their one-year returns differ by 14.8 points; SHV is 1.2 times larger.

Points (pts) are percentage points.

MTUM vs SHV: Differences, Returns & Fees
Measure	MTUM	SHV
Return
Measure	MTUM	SHV
Total return, 1 year	+18.4%	+3.6%
Drawdown
Measure	MTUM	SHV
Below its high	11.9%, high on Jun 22, 2026
Benchmark
Measure	MTUM	SHV
What it tracks	MSCI USA Momentum SR Variant Index	ICE Short US Treasury Securities Index
Cost and size
Measure	MTUM	SHV
Expense ratio	0.15%	0.15%
Net assets, as of Oct 27, 2026	$18.7bn	$21.7bn
Holdings
Measure	MTUM	SHV
Holdings in common	0%
In the S&P 500, by weight	93%
Top ten holdings, share of the fund	35.5%

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

What they share

By the books each fund has filed, MTUM 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 MTUM SHV

Only in one fund ↓

Only in MTUM

ADVANCED MICRO DEVICES 6.06%

MICRON TECHNOLOGY 5.00%

INTEL CORPORATION 3.92%

CISCO SYSTEMS INC 3.64%

JOHNSON & JOHNSON 3.45%

EXXONMOBIL HOLDINGS CORP 2.96%

PALO ALTO NETWORKS 2.88%

ALPHABET CLASS A 2.62%

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

MTUM iShares MSCI USA Momentum Factor ETF SHV iShares 0-1 Year Treasury Bond ETF

Where it sits Stock ETF Bond ETF

Issuer iShares iShares

What it is Tracks the MSCI USA Momentum Factor Tracks an index of 0-1 Year Treasury Bond

Total return, 1 year +18.4% +3.6%

Its benchmark over the same days +13.6% (MLRG) not measured

Gap to its benchmark +4.8 pts vs MLRG not measured

Expense ratio 0.15% 0.15%

Holdings 126 66

Net assets, as of Oct 27, 2026 $18.7bn $21.7bn

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

Alert

About each fund

MTUM

MTUM tracks the MSCI USA Momentum Factor. Over the year to Oct 28, 2026 it returned +18.4% with distributions reinvested, against +13.6% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 93% of the fund by weight is stocks the S&P 500 also holds, across 126 positions, with the top ten at 35.5%. It sat 11.9% below its high of Jun 22, 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.

Questions people ask

Which returned more over the last year, MTUM or SHV?: In the year to Oct 28, 2026, with distributions reinvested, MTUM returned +18.4% and SHV +3.6%.
Which is cheaper, MTUM or SHV?: Neither: MTUM and SHV both charge 0.15% a year. Fees come from each fund's prospectus.

Other comparisons

BOXX vs MTUM MTUM vs VBIL MTUM vs VUSB MTUM vs SGOV SHV vs SPHQ SHV vs SPMO AVUS vs SHV SHV vs USMV

Where to next

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

Sources and dates

MTUM and SHV filings on SEC EDGAR ↗

MTUM prospectus with the expense ratio (SEC) ↗

iShares page for MTUM ↗

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

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