Data as of Oct 28, 2026.

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SHV vs VB: Differences, Returns & Fees

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Over the year to Oct 28, 2026, SHV returned +3.6% to VB's +14.4%; 0% of their weight is in the same names.

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Net assets: $21.7bn on Oct 27, 2026 for iShares 0-1 Year Treasury Bond ETF, and $76.9bn on Sep 30, 2026 for Vanguard Morningstar Small-Cap ETF.

At a glance
+3.6%
SHV total return, 1 year
+14.4%
VB total return, 1 year
0.15%
SHV expense ratio
0.03%
VB expense ratio

Pair scorecard

VB costs 0.12 points a year less; their one-year returns differ by 10.8 points; VB is 3.4 times larger.

SHV vs VB: Differences, Returns & Fees
MeasureSHVVB
Return
Total return, 1 year+3.6%+14.4%
Drawdown
Below its high5.7%, high on Aug 14, 2026
Benchmark
What it tracksICE Short US Treasury Securities IndexMorningstar US Small Cap Index
Cost and size
Expense ratio0.15%0.03%
Net assets, as of Sep 30, 2026$22.8bn$76.9bn
Holdings
Holdings in common0%
In the S&P 500, by weight22%
Top ten holdings, share of the fund5.9%

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

What they share

0%

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

0 half 100%

half

0% in common

Positions both hold · largest shared weight first SHV VB
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 VB
SLCMT1142 1.31%
Natera Inc 0.72%
Twilio Inc 0.57%
Revolution Medicines Inc 0.53%
Everpure Inc 0.52%
Illumina Inc 0.52%
Okta Inc 0.44%
Moderna Inc 0.44%
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Side by side

SHV iShares 0-1 Year Treasury Bond ETF VB Vanguard Morningstar Small-Cap ETF
Where it sits Bond ETF Stock ETF
What it is Tracks an index of 0-1 Year Treasury Bond Tracks an index of Small-Cap
Total return, 1 year +3.6% +14.4%
Expense ratio 0.15% 0.03%
Holdings 66 1303
Net assets, SHV as of Oct 27, 2026 and VB as of Sep 30, 2026 $21.7bn $76.9bn

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

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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.

VB

VB tracks an index of Small-Cap. Over the year to Oct 28, 2026 it returned +14.4% with distributions reinvested. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Sep 30, 2026, 22% of the fund by weight is stocks the S&P 500 also holds, across 1,303 positions, with the top ten at 5.9%. It sat 5.7% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, SHV or VB?
In the year to Oct 28, 2026, with distributions reinvested, SHV returned +3.6% and VB +14.4%.
Which is cheaper, SHV or VB?
VB 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.
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ETFIQ, SHV against VB, data as of Oct 28, 2026. https://etfiq.com/compare/any/shv-vs-vb

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