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

In the year to Oct 28, 2026, with distributions reinvested, SHV returned +3.6% and VTEB −0.4%.

Which is cheaper, SHV or VTEB?

VTEB 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.

Data as of Oct 28, 2026.

Across categories

SHV vs VTEB: Differences, Returns & Fees

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SHV's duration was 0.3 years on Aug 31, 2026 and VTEB's 7.1 on Jul 31, 2026; VTEB charges 0.03% to SHV's 0.15%.

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Net assets: $21.7bn on Oct 27, 2026 for iShares 0-1 Year Treasury Bond ETF, and $49.6bn on Sep 30, 2026 for Vanguard Tax-Exempt Bond ETF.

SHV on its own →VTEB on its own →

At a glance

+3.6%

SHV total return, 1 year

−0.4%

VTEB total return, 1 year

0.15%

SHV expense ratio

0.03%

VTEB expense ratio

Pair scorecard

VTEB costs 0.12 points a year less; their one-year returns differ by 4.0 points; VTEB is 2.2 times larger.

SHV vs VTEB: Differences, Returns & Fees
Measure	SHV	VTEB
Return
Measure	SHV	VTEB
Total return, 1 year	+3.6%	−0.4%
Benchmark
Measure	SHV	VTEB
What it tracks	ICE Short US Treasury Securities Index	S&P National AMT-Free Municipal Bond Index
Cost and size
Measure	SHV	VTEB
Expense ratio	0.15%	0.03%
Net assets, as of Sep 30, 2026	$22.8bn	$49.6bn
Holdings
Measure	SHV	VTEB
Holdings in common	0%

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

What they share

By the books each fund has filed, SHV and VTEB hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Aug 31, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first SHV VTEB

Only in one fund ↓

Only in SHV

U.S. Treasury Bills, due Jan 14, 2027 4.95%

U.S. Treasury Bills, due Oct 29, 2026 4.53%

U.S. Treasury Bills, due Oct 13, 2026 3.86%

U.S. Treasury Bills, due Dec 15, 2026 3.60%

U.S. Treasury Bills, due Oct 27, 2026 3.56%

U.S. Treasury Bills, due Dec 22, 2026 3.55%

U.S. Treasury Bills, due Oct 1, 2026 3.37%

U.S. Treasury Bills, due Nov 12, 2026 3.33%

Only in VTEB

NEW YORK CITY-F-1-REF, due Aug 1, 2034 0.12%

CA REGENTS UNIV-CD, due May 15, 2036 0.11%

IDAHO ST-TANS, due Jun 30, 2027 0.10%

CA REF, due Aug 1, 2032 0.10%

MARYLAND ST-GROUP 2, due Jun 1, 2038 0.09%

NY ST THRUWAY AUTH-A, due Sep 15, 2035 0.09%

TRIBOROUGH BRIDGE-A-1, due Feb 1, 2028 0.09%

DALLAS ISD-B, due Feb 15, 2056 0.08%

Check overlap with more funds →

Side by side

SHV iShares 0-1 Year Treasury Bond ETF VTEB Vanguard Tax-Exempt Bond ETF

Where it sits Bond ETF Bond ETF

Issuer iShares Vanguard

What it is Tracks an index of 0-1 Year Treasury Bond Tracks an index of Tax-Exempt Bond

Total return, 1 year +3.6% −0.4%

Expense ratio 0.15% 0.03%

Holdings 66 11155

Net assets, SHV as of Oct 27, 2026 and VTEB as of Sep 30, 2026 $21.7bn $49.6bn

SHV and VTEB 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.

VTEB

VTEB tracks an index of Tax-Exempt Bond. Over the year to Oct 28, 2026 it returned −0.4% with distributions reinvested. The prospectus expense ratio is 0.03% a year.

Questions people ask

Which returned more over the last year, SHV or VTEB?: In the year to Oct 28, 2026, with distributions reinvested, SHV returned +3.6% and VTEB −0.4%.
Which is cheaper, SHV or VTEB?: VTEB 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.

Other comparisons

MUB vs SHV HYMB vs SHV IUSB vs SHV BIL vs SHV SGOV vs VTEB MINT vs VTEB BOXX vs VTEB VBIL vs VTEB

Where to next

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

Sources and dates

SHV filings on SEC EDGAR ↗

SHV prospectus with the expense ratio (SEC) ↗

iShares page for SHV ↗

VTEB filings on SEC EDGAR ↗

VTEB prospectus with the expense ratio (SEC) ↗

Vanguard page for VTEB ↗

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 VTEB, data as of Oct 28, 2026. https://etfiq.com/compare/any/shv-vs-vteb

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