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

In the year to Oct 28, 2026, with distributions reinvested, SHV returned +3.6% and SPHQ +14.1%.

Which is cheaper, SHV or SPHQ?

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

Data as of Oct 28, 2026.

Across categories

SHV vs SPHQ: Differences, Returns & Fees

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Over the year to Oct 28, 2026, SHV returned +3.6% to SPHQ's +14.1%; 0% of their weight is in the same names.

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Net assets on Oct 27, 2026: $21.7bn for iShares 0-1 Year Treasury Bond ETF and $18.7bn for Invesco S&P 500 Quality ETF.

SHV on its own →SPHQ on its own →

At a glance

+3.6%

SHV total return, 1 year

+14.1%

SPHQ total return, 1 year

0.15%

SHV expense ratio

0.15%

SPHQ expense ratio

Pair scorecard

Both cost 0.15% a year; their one-year returns differ by 10.5 points; SHV is 1.2 times larger.

Points (pts) are percentage points.

SHV vs SPHQ: Differences, Returns & Fees
Measure	SHV	SPHQ
Return
Measure	SHV	SPHQ
Total return, 1 year	+3.6%	+14.1%
Drawdown
Measure	SHV	SPHQ
Below its high		6.4%, high on Jun 30, 2026
Benchmark
Measure	SHV	SPHQ
What it tracks	ICE Short US Treasury Securities Index	S&P 500 Quality Index
Cost and size
Measure	SHV	SPHQ
Expense ratio	0.15%	0.15%
Net assets, as of Oct 27, 2026	$21.7bn	$18.7bn
Holdings
Measure	SHV	SPHQ
Holdings in common	0%
In the S&P 500, by weight		100%
Top ten holdings, share of the fund		43.3%

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

What they share

By the books each fund has filed, SHV and SPHQ 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 SHV SPHQ

Only in one fund ↓

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%

Only in SPHQ

Mastercard Inc 6.25%

Visa Inc 6.23%

Apple Inc 5.96%

Costco Wholesale Corp 4.24%

GE Vernova Inc 3.81%

Cisco Systems Inc 3.65%

General Electric Co 3.33%

Lam Research Corp 3.32%

Check overlap with more funds →

Side by side

SHV iShares 0-1 Year Treasury Bond ETF SPHQ Invesco S&P 500 Quality ETF

Where it sits Bond ETF Stock ETF

Issuer iShares Invesco

What it is Tracks an index of 0-1 Year Treasury Bond Tracks the S&P 500 Quality

Total return, 1 year +3.6% +14.1%

Its benchmark over the same days not measured +13.7% (IVV)

Gap to its benchmark not measured +0.4 pts vs IVV

Expense ratio 0.15% 0.15%

Holdings 66 102

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

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

Alert

About each fund

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.

SPHQ

SPHQ tracks the S&P 500 Quality. Over the year to Oct 28, 2026 it returned +14.1% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 102 positions, with the top ten at 43.3%. It sat 6.4% below its high of Jun 30, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, SHV or SPHQ?: In the year to Oct 28, 2026, with distributions reinvested, SHV returned +3.6% and SPHQ +14.1%.
Which is cheaper, SHV or SPHQ?: Neither: SHV and SPHQ both charge 0.15% a year. Fees come from each fund's prospectus.

Other comparisons

DFUS vs SHV DGRW vs SHV AVUS vs SHV CGGR vs SHV SPHQ vs VBIL SPHQ vs VUSB BIL vs SPHQ SPHQ vs USFR

Where to next

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

Sources and dates

SHV filings on SEC EDGAR ↗

SHV prospectus with the expense ratio (SEC) ↗

iShares page for SHV ↗

SPHQ filings on SEC EDGAR ↗

SPHQ prospectus with the expense ratio (SEC) ↗

Invesco page for SPHQ ↗

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

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