SHV vs VGUS: Differences, Returns & Fees

SHV's duration was 0.3 years on May 31, 2026 and VGUS's 0.3 on Jun 30, 2026; VGUS charges 0.07% to SHV's 0.15%. Net assets: $23.5bn on Oct 20, 2026 for iShares 0-1 Year Treasury Bond ETF, and $1.2bn on Sep 30, 2026 for Vanguard Ultra-Short Treasury ETF.

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Answers cite the figures on this page.

VGUS costs 0.08 points a year less; both returned +3.6% over a year; SHV is 19.0 times larger.

SHV vs VGUS: Differences, Returns & Fees
SHVVGUS
Expense ratio0.15%0.07%
Net assets, as of Sep 30, 2026$22.8bn$1.2bn
Total return, 1 year+3.6%+3.6%
What it tracksICE Short US Treasury Securities IndexBloomberg Short Treasury Index
Holdings in commonreport dates differ

Holdings in common uses holdings dated May 31, 2026 and Jun 30, 2026.

+3.6%
SHV total return, 1 year
+3.6%
VGUS total return, 1 year
0.15%
SHV expense ratio
0.07%
VGUS expense ratio

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Client brief · page 1 of 2Report BR-D92CD9C540

SHV and VGUS are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. SHV follows ICE Short US Treasury Securities Index and VGUS follows Bloomberg Short Treasury Index.
  2. Size. SHV has $22.8bn in net assets and VGUS $1.2bn (net assets, as of Sep 30, 2026); SHV is 19.0 times larger.
  3. One-year total return (similar). Over 1 year to Oct 20, 2026 SHV returned +3.6% and VGUS +3.6% with distributions reinvested, a gap of 0.0 points.

Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.

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On the same fields

SHV
iShares 0-1 Year Treasury Bond ETF
VGUS
Vanguard Ultra-Short Treasury ETF
Where it sits Bond ETF Bond ETF
What it is Tracks an index of 0-1 Year Treasury Bond Tracks an index
Total return, 1 year +3.6% +3.6%
Expense ratio 0.15% 0.07%
Holdings 67 90
Net assets, SHV as of Oct 20, 2026 and VGUS as of Sep 30, 2026 $23.5bn $1.2bn

SHV and VGUS on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About SHV

SHV tracks an index of 0-1 Year Treasury Bond. Over the year to Oct 20, 2026 it returned +3.6% with distributions reinvested. The prospectus expense ratio is 0.15% a year.

About VGUS

VGUS tracks an index. The prospectus expense ratio is 0.07% a year.

Questions people ask

Which returned more over the last year, SHV or VGUS?
In the year to Oct 20, 2026, with distributions reinvested, SHV returned +3.6% and VGUS +3.6%.
Which is cheaper, SHV or VGUS?
VGUS is cheaper, by 0.08 percentage points a year. That is about $8 on $10,000 held for a year. Fees come from each fund's prospectus.
Cite this pageCitation, APA and Markdown

ETFIQ, SHV against VGUS, data as of Oct 20, 2026. https://etfiq.com/compare/any/shv-vs-vgus

Open data

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