Data as of Oct 28, 2026.
SCHB vs SHV: Differences, Returns & Fees
Over the year to Oct 28, 2026, SCHB returned +13.4% to SHV's +3.6%; 0% of their weight is in the same names.
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Net assets: $44.6bn on Aug 31, 2026 for Schwab U.S. Broad Market ETF, and $21.7bn on Oct 27, 2026 for iShares 0-1 Year Treasury Bond ETF.
Pair scorecard
SCHB costs 0.12 points a year less; their one-year returns differ by 9.8 points.
| Measure | SCHB | SHV |
|---|---|---|
| Return | ||
| Total return, 1 year | +13.4% | +3.6% |
| Benchmark | ||
| What it tracks | Dow Jones U.S. Broad Stock Market Index | ICE Short US Treasury Securities Index |
| Cost and size | ||
| Expense ratio | 0.03% | 0.15% |
| Net assets, SCHB as of Aug 31, 2026 and SHV as of Oct 27, 2026 | $44.6bn | $21.7bn |
| Holdings | ||
| Holdings in common | 0% | |
| In the S&P 500, by weight | 88% | |
| Top ten holdings, share of the fund | 33.7% | |
Holdings in common uses holdings dated Aug 31, 2026 and Oct 27, 2026. Method
Risk and return
Nov 13, 2009 to Oct 23, 2026 · 884 weekly returnsSCHB returned more: +807.9% to +26.9%. SHV swung less: 0.3% to 16.5%. SHV fell less at its worst: −0.4% to −33.3%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | SCHB | SHV | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +807.9% | +26.9% | SCHB | Price change plus distributions, reinvested. |
| Annualized | +13.9% | +1.4% | SCHB | Total return as a yearly rate. |
| Price return | +582.0% | +0.1% | SCHB | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 16.5% | 0.3% | SHV | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 11.4% | 0.2% | SHV | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −33.3% | −0.4% | SHV | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.78 | −0.41 | SCHB | Return above Treasury bills per unit of volatility. |
| Sortino | 1.13 | −0.64 | SCHB | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.42 | 3.65 | SHV | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 884 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, SCHB and SHV hold 0% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Oct 27, 2026.
half
0% in common
Only in one fund ↓
Side by side
SCHB and SHV on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
SCHB and SHV do different jobs. What does each one do in a portfolio?
- What each follows. SCHB follows Dow Jones U.S. Broad Stock Market Index and SHV follows ICE Short US Treasury Securities Index.
- Holdings in common. 0% of the weight is in the same securities (holdings dated Aug 31, 2026 and Oct 27, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 SCHB returned +13.4% and SHV +3.6% with distributions reinvested, a gap of 9.8 points.
Data as of Oct 28, 2026.
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SCHB
SCHB tracks an index of US broad market. Over the year to Oct 28, 2026 it returned +13.4% with distributions reinvested. The prospectus expense ratio is 0.03% a year. By its holdings filed for Aug 31, 2026, 88% of the fund by weight is stocks the S&P 500 also holds, across 2,372 positions, with the top ten at 33.7%.
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, SCHB or SHV?
- In the year to Oct 28, 2026, with distributions reinvested, SCHB returned +13.4% and SHV +3.6%.
- Which is cheaper, SCHB or SHV?
- SCHB is cheaper, by 0.12 percentage points a year. That is about $12 on $10,000 held for a year. Fees come from each fund's prospectus.
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.
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ETFIQ, SCHB against SHV, data as of Oct 28, 2026. https://etfiq.com/compare/any/schb-vs-shv
ETFIQ. (Oct 28, 2026). SCHB against SHV. Retrieved from https://etfiq.com/compare/any/schb-vs-shv
[SCHB against SHV (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/schb-vs-shv)
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