RAVI vs SGOV: Differences, Returns & Fees
RAVI's duration was 0.5 years on Jul 31, 2026 and SGOV's 0.1 on May 31, 2026; SGOV charges 0.09% to RAVI's 0.25%. Net assets: $1.5bn on Jul 31, 2026 for Northern Trust Ultra-Short Fixed Income ETF, and $116.5bn on Oct 20, 2026 for iShares 0-3 Month Treasury Bond ETF.
SGOV costs 0.16 points a year less; their one-year returns differ by 0.1 points; SGOV is far larger, $99.9bn against $1.5bn.
| RAVI | SGOV | |
|---|---|---|
| Expense ratio | 0.25% | 0.09% |
| Net assets, as of Jul 31, 2026 | $1.5bn | $99.9bn |
| Total return, 1 year | +3.8% | +3.7% |
| What it tracks | No index, actively managed | ICE 0-3 Month US Treasury Securities Index |
| Holdings in common | report dates differ | |
Holdings in common uses holdings dated May 31, 2026 and Jul 31, 2026.
RAVI and SGOV are built for the same job. How do they differ in cost, holdings and results?
- What each follows. RAVI follows No index, actively managed and SGOV follows ICE 0-3 Month US Treasury Securities Index.
- Number of holdings. RAVI holds 244 positions and SGOV holds 23.
- Cost. RAVI charges 0.25% of assets a year and SGOV 0.09%, a gap of 0.16 points.
Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.
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On the same fields
RAVI and SGOV on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.
About RAVI
RAVI is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +3.8% with distributions reinvested. The prospectus expense ratio is 0.25% a year.
About SGOV
SGOV tracks an index of 0-3 month T-bills. Over the year to Oct 20, 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, RAVI or SGOV?
- In the year to Oct 20, 2026, with distributions reinvested, RAVI returned +3.8% and SGOV +3.7%.
- Which is cheaper, RAVI or SGOV?
- SGOV is cheaper, by 0.16 percentage points a year. That is about $16 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, RAVI against SGOV, data as of Oct 20, 2026. https://etfiq.com/compare/any/ravi-vs-sgov
ETFIQ. (Oct 20, 2026). RAVI against SGOV. Retrieved from https://etfiq.com/compare/any/ravi-vs-sgov
[RAVI against SGOV (ETFIQ, Oct 20, 2026)](https://etfiq.com/compare/any/ravi-vs-sgov)
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