Which returned more over the last year, SGOV or VCSH?

In the year to Oct 28, 2026, with distributions reinvested, SGOV returned +3.7% and VCSH +1.3%.

Which is cheaper, SGOV or VCSH?

VCSH is cheaper, by 0.06 percentage points a year. That is about $6 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

SGOV vs VCSH: Differences, Returns & Fees

Share on X Download as PDF

SGOV's duration was 0.1 years on Aug 31, 2026 and VCSH's 2.7 on May 31, 2026; VCSH charges 0.03% to SGOV's 0.09%.

askIQ about this page

askIQ about SGOV and VCSH

Net assets: $117.0bn on Oct 27, 2026 for iShares 0-3 Month Treasury Bond ETF, and $43.9bn on Sep 30, 2026 for Vanguard Short-Term Corporate Bond ETF.

SGOV on its own →VCSH on its own →

At a glance

+3.7%

SGOV total return, 1 year

+1.3%

VCSH total return, 1 year

0.09%

SGOV expense ratio

0.03%

VCSH expense ratio

Pair scorecard

VCSH costs 0.06 points a year less; their one-year returns differ by 2.4 points; SGOV is 2.6 times larger.

SGOV vs VCSH: Differences, Returns & Fees
Measure	SGOV	VCSH
Return
Measure	SGOV	VCSH
Total return, 1 year	+3.7%	+1.3%
Benchmark
Measure	SGOV	VCSH
What it tracks	ICE 0-3 Month US Treasury Securities Index	Bloomberg U.S. 1-5 Year Corporate Bond Index
Cost and size
Measure	SGOV	VCSH
Expense ratio	0.09%	0.03%
Net assets, as of Sep 30, 2026	$112.3bn	$43.9bn
Holdings
Measure	SGOV	VCSH
Holdings in common	0%

Holdings in common uses holdings dated May 31, 2026 and Aug 31, 2026. Method

Risk and return

Jun 5, 2020 to Oct 23, 2026 · 333 weekly returns

SGOV VCSH

Return

Total return edge SGOV +20.8% +15.2%

Annualized edge SGOV +3.0% +2.2%

Price return edge SGOV +0.6% −5.5%

Risk

Volatility edge SGOV 0.3% 2.6%

Max drawdown edge SGOV 0.0% −9.1%

Risk-adjusted

Sharpe edge VCSH −0.46 −0.33

Sortino edge VCSH −0.57 −0.45

Calmar Not measured 0.25

Reading

SGOV returned more: +20.8% to +15.2%. SGOV swung less: 0.3% to 2.6%. SGOV fell less at its worst: 0.0% to −9.1%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: SGOV vs VCSH: Differences, Returns & Fees
Measure	SGOV	VCSH	Edge	How it is measured
Return
Total return	+20.8%	+15.2%	SGOV	Price change plus distributions, reinvested.
Annualized	+3.0%	+2.2%	SGOV	Total return as a yearly rate.
Price return	+0.6%	−5.5%	SGOV	Price change alone, distributions left out.
Risk
Volatility	0.3%	2.6%	SGOV	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	0.2%	1.9%	SGOV	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	0.0%	−9.1%	SGOV	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	−0.46	−0.33	VCSH	Return above Treasury bills per unit of volatility.
Sortino	−0.57	−0.45	VCSH	Return above Treasury bills per unit of downside deviation.
Calmar	Not measured	0.25		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, SGOV and VCSH hold 0% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Aug 31, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first SGOV VCSH

Only in one fund ↓

Only in SGOV

U.S. Treasury Bills, due Oct 20, 2026 10.18%

U.S. Treasury Bills, due Sep 22, 2026 8.59%

U.S. Treasury Bills, due Oct 13, 2026 8.51%

U.S. Treasury Bills, due Sep 29, 2026 6.82%

U.S. Treasury Bills, due Oct 27, 2026 6.76%

U.S. Treasury Bills, due Sep 1, 2026 6.63%

U.S. Treasury Bills, due Sep 15, 2026 6.04%

U.S. Treasury Bills, due Oct 29, 2026 5.18%

Only in VCSH

US TREASURY N/B, due May 31, 2028 0.83%

BANK OF AMER CRP, due Dec 20, 2028 0.23%

ABBVIE INC, due Nov 21, 2029 0.21%

CVS HEALTH CORP, due Mar 25, 2028 0.20%

T-MOBILE USA INC, due Apr 15, 2030 0.19%

BOEING CO, due May 1, 2030 0.19%

WELLS FARGO CO, due Jul 25, 2029 0.18%

JPMORGAN CHASE, due Apr 23, 2032 0.18%

Check overlap with more funds →

Side by side

SGOV iShares 0-3 Month Treasury Bond ETF VCSH Vanguard Short-Term Corporate Bond ETF

Where it sits Bond ETF Bond ETF

Issuer iShares Vanguard

What it is Tracks an index of 0-3 month T-bills Tracks an index of Short-Term Corporate Bond

Total return, 1 year +3.7% +1.3%

Its benchmark over the same days not measured +1.3% (SCHJ)

Gap to its benchmark not measured 0.0 pts vs SCHJ

Expense ratio 0.09% 0.03%

Holdings 22 3064

Net assets, SGOV as of Oct 27, 2026 and VCSH as of Sep 30, 2026 $117.0bn $43.9bn

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

Client brief · page 1 of 2 Report BR-0FFCE98309

SGOV and VCSH do different jobs. What does each one do in a portfolio?

What each follows. SGOV follows ICE 0-3 Month US Treasury Securities Index and VCSH follows Bloomberg U.S. 1-5 Year Corporate Bond Index.
Holdings in common. 0% of the weight is in the same securities (holdings dated Aug 31, 2026 and May 31, 2026).
One-year total return. Over 1 year to Oct 28, 2026 SGOV returned +3.7% and VCSH +1.3% with distributions reinvested, a gap of 2.4 points.

Data as of Oct 28, 2026.

The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.

Your saved page · Privacy.

Alert

About each fund

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.

VCSH

VCSH tracks an index of Short-Term Corporate Bond. Over the year to Oct 28, 2026 it returned +1.3% with distributions reinvested, against +1.3% for its benchmark, the Bloomberg U.S. 1-5 Year Corporate Bond Index. The prospectus expense ratio is 0.03% a year.

Questions people ask

Which returned more over the last year, SGOV or VCSH?: In the year to Oct 28, 2026, with distributions reinvested, SGOV returned +3.7% and VCSH +1.3%.
Which is cheaper, SGOV or VCSH?: VCSH is cheaper, by 0.06 percentage points a year. That is about $6 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

SGOV vs SPSB BSV vs SGOV IGSB vs SGOV SGOV vs VCLT BIL vs VCSH SHV vs VCSH VBIL vs VCSH VCSH vs VUSB

Where to next

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

Sources and dates

SGOV filings on SEC EDGAR ↗

SGOV prospectus with the expense ratio (SEC) ↗

iShares page for SGOV ↗

VCSH filings on SEC EDGAR ↗

VCSH prospectus with the expense ratio (SEC) ↗

Vanguard page for VCSH ↗

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, SGOV against VCSH, data as of Oct 28, 2026. https://etfiq.com/compare/any/sgov-vs-vcsh

Open data →

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