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

In the year to Oct 28, 2026, with distributions reinvested, SGOV returned +3.7% and VPU −3.3%.

Which is cheaper, SGOV or VPU?

Neither: SGOV and VPU both charge 0.09% a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

SGOV vs VPU: Differences, Returns & Fees

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Over the year to Oct 28, 2026, SGOV returned +3.7% to VPU's −3.3%; 0% of their weight is in the same names.

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Net assets: $117.0bn on Oct 27, 2026 for iShares 0-3 Month Treasury Bond ETF, and $7.7bn on Sep 30, 2026 for Vanguard Utilities ETF.

SGOV on its own →VPU on its own →

At a glance

+3.7%

SGOV total return, 1 year

−3.3%

VPU total return, 1 year

0.09%

SGOV expense ratio

0.09%

VPU expense ratio

Pair scorecard

Both cost 0.09% a year; their one-year returns differ by 7.0 points; SGOV is 14.6 times larger.

Points (pts) are percentage points.

SGOV vs VPU: Differences, Returns & Fees
Measure	SGOV	VPU
Return
Measure	SGOV	VPU
Total return, 1 year	+3.7%	−3.3%
Drawdown
Measure	SGOV	VPU
Below its high		8.9%, high on Feb 27, 2026
Benchmark
Measure	SGOV	VPU
What it tracks	ICE 0-3 Month US Treasury Securities Index	MSCI US Investable Market Index (IMI)/Utilities 25/50
Cost and size
Measure	SGOV	VPU
Expense ratio	0.09%	0.09%
Net assets, as of Sep 30, 2026	$112.3bn	$7.7bn
Holdings
Measure	SGOV	VPU
Holdings in common	0%
In the S&P 500, by weight		90%
Top ten holdings, share of the fund		52.3%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

What they share

By the books each fund has filed, SGOV and VPU hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first SGOV VPU

Only in one fund ↓

Only in SGOV

TREASURY BILL 8.53%

TREASURY BILL 8.19%

TREASURY BILL 7.63%

TREASURY BILL 6.87%

TREASURY BILL 6.80%

TREASURY BILL 6.00%

TREASURY BILL 5.22%

Only in VPU

NextEra Energy Inc 11.39%

Southern Co 6.74%

Duke Energy Corp 6.41%

Constellation Energy Corp 5.72%

American Electric Power Co Inc 4.66%

Dominion Energy Inc 3.84%

Sempra 3.68%

Vistra Corp 3.37%

Check overlap with more funds →

Side by side

SGOV iShares 0-3 Month Treasury Bond ETF VPU Vanguard Utilities ETF

Where it sits Bond ETF Stock ETF

Issuer iShares Vanguard

What it is Tracks an index of 0-3 month T-bills Tracks an index of Utilities

Total return, 1 year +3.7% −3.3%

Its benchmark over the same days not measured −3.3% (FUTY)

Gap to its benchmark not measured 0.0 pts vs FUTY

Expense ratio 0.09% 0.09%

Holdings 22 70

Net assets, SGOV as of Oct 27, 2026 and VPU as of Sep 30, 2026 $117.0bn $7.7bn

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

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.

VPU

VPU tracks an index of Utilities. Over the year to Oct 28, 2026 it returned −3.3% with distributions reinvested, against −3.3% for its benchmark, the MSCI US Investable Market Index (IMI)/Utilities 25/50. By its holdings published by its issuer as of Sep 30, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 70 positions, with the top ten at 52.3%. It sat 8.9% below its high of Feb 27, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, SGOV or VPU?: In the year to Oct 28, 2026, with distributions reinvested, SGOV returned +3.7% and VPU −3.3%.
Which is cheaper, SGOV or VPU?: Neither: SGOV and VPU both charge 0.09% a year. Fees come from each fund's prospectus.

Other comparisons

SGOV vs XLU SGOV vs VOX SGOV vs VDE SGOV vs VHT BIL vs VPU SHV vs VPU USFR vs VPU BOXX vs VPU

Where to next

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

Sources and dates

SGOV filings on SEC EDGAR ↗

SGOV prospectus with the expense ratio (SEC) ↗

iShares page for SGOV ↗

VPU filings on SEC EDGAR ↗

VPU prospectus with the expense ratio (SEC) ↗

Vanguard page for VPU ↗

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 VPU, data as of Oct 28, 2026. https://etfiq.com/compare/any/sgov-vs-vpu

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