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

In the year to Oct 28, 2026, with distributions reinvested, SHV returned +3.6% and XLB +18.5%.

Which is cheaper, SHV or XLB?

XLB is cheaper, by 0.07 percentage points a year. That is about $7 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

SHV vs XLB: Differences, Returns & Fees

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Over the year to Oct 28, 2026, SHV returned +3.6% to XLB's +18.5%; 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 $8.1bn for State Street Materials Select Sector SPDR ETF.

SHV on its own →XLB on its own →

At a glance

+3.6%

SHV total return, 1 year

+18.5%

XLB total return, 1 year

0.15%

SHV expense ratio

0.08%

XLB expense ratio

Pair scorecard

XLB costs 0.07 points a year less; their one-year returns differ by 14.9 points; SHV is 2.7 times larger.

SHV vs XLB: Differences, Returns & Fees
Measure	SHV	XLB
Return
Measure	SHV	XLB
Total return, 1 year	+3.6%	+18.5%
Benchmark
Measure	SHV	XLB
What it tracks	ICE Short US Treasury Securities Index	Materials Select Sector Index
Cost and size
Measure	SHV	XLB
Expense ratio	0.15%	0.08%
Net assets, as of Oct 27, 2026	$21.7bn	$8.1bn
Holdings
Measure	SHV	XLB
Holdings in common	0%
In the S&P 500, by weight		100%
Top ten holdings, share of the fund		58.5%

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

What they share

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

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 XLB

LINDE PLC 12.96%

NEWMONT CORP 6.56%

FREEPORT MCMORAN INC 5.23%

ECOLAB INC 4.98%

VULCAN MATERIALS CO 4.89%

NUCOR CORP 4.89%

AIR PRODUCTS + CHEMICALS INC 4.84%

STEEL DYNAMICS INC 4.77%

Check overlap with more funds →

Side by side

SHV iShares 0-1 Year Treasury Bond ETF XLB State Street Materials Select Sector SPDR ETF

Where it sits Bond ETF Stock ETF

Issuer iShares State Street

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

Total return, 1 year +3.6% +18.5%

Expense ratio 0.15% 0.08%

Holdings 66 25

Net assets, as of Oct 27, 2026 $21.7bn $8.1bn

SHV and XLB 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.

XLB

XLB tracks an index of Materials. Over the year to Oct 28, 2026 it returned +18.5% with distributions reinvested. The prospectus expense ratio is 0.08% a year. 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 25 positions, with the top ten at 58.5%.

Questions people ask

Which returned more over the last year, SHV or XLB?: In the year to Oct 28, 2026, with distributions reinvested, SHV returned +3.6% and XLB +18.5%.
Which is cheaper, SHV or XLB?: XLB is cheaper, by 0.07 percentage points a year. That is about $7 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

SHV vs XHB SHV vs VPU SHV vs VDC SHV vs VDE USFR vs XLB BOXX vs XLB VBIL vs XLB VUSB vs XLB

Where to next

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

Sources and dates

SHV filings on SEC EDGAR ↗

SHV prospectus with the expense ratio (SEC) ↗

iShares page for SHV ↗

XLB filings on SEC EDGAR ↗

XLB prospectus with the expense ratio (SEC) ↗

State Street website ↗

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

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