SHV vs YEAR: Differences, Returns & Fees

On May 31, 2026 SHV's duration was 0.3 years and YEAR's 0.9; SHV charges 0.15% to YEAR's 0.25%. Net assets: $23.5bn on Oct 20, 2026 for iShares 0-1 Year Treasury Bond ETF, and $1.6bn on Oct 19, 2026 for AB Ultra Short Income ETF.

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Answers cite the figures on this page.

SHV costs 0.10 points a year less; their one-year returns differ by 0.8 points; SHV is 14.8 times larger.

SHV vs YEAR: Differences, Returns & Fees
SHVYEAR
Expense ratio0.15%0.25%
Net assets, as of Oct 19, 2026$23.5bn$1.6bn
Total return, 1 year+3.6%+2.8%
What it tracksICE Short US Treasury Securities IndexNo index, actively managed
Holdings in common0%

Holdings in common uses holdings dated May 31, 2026.

+3.6%
SHV total return, 1 year
+2.8%
YEAR total return, 1 year
0.15%
SHV expense ratio
0.25%
YEAR expense ratio

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Client brief · page 1 of 2Report BR-B903CC0190

SHV and YEAR 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 YEAR follows No index, actively managed.
  2. Holdings in common. 0% of the weight is in the same securities (holdings dated May 31, 2026).
  3. Cost. SHV charges 0.15% of assets a year and YEAR 0.25%, a gap of 0.10 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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What they hold in common

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

half

0% in common

Positions both hold, largest shared weight first
Holding SHV YEAR
Only in SHV
U.S. Treasury Bills, due Aug 25, 2026 4.95%
U.S. Treasury Bills, due Oct 29, 2026 4.49%
U.S. Treasury Bills, due Jul 28, 2026 4.42%
U.S. Treasury Bills, due Jun 2, 2026 4.23%
U.S. Treasury Bills, due Jul 14, 2026 4.10%
U.S. Treasury Bills, due Jun 16, 2026 3.74%
U.S. Treasury Bills, due Aug 18, 2026 3.54%
U.S. Treasury Bills, due Sep 29, 2026 3.34%
Only in YEAR
U.S. Treasury Notes, due Feb 15, 2028 8.19%
U.S. Treasury Notes, due Mar 31, 2028 4.51%
U.S. Treasury Notes, due Dec 31, 2026 4.25%
U.S. Treasury Floating Rate Notes, due Jul 31, 2026 4.20%
U.S. Treasury Notes, due Apr 30, 2028 2.52%
U.S. Treasury Notes, due Jul 15, 2028 2.51%
U.S. Treasury Notes, due Feb 29, 2028 2.46%
U.S. Treasury Notes, due Apr 15, 2029 1.98%

Check overlap with more funds →

On the same fields

SHV
iShares 0-1 Year Treasury Bond ETF
YEAR
AB Ultra Short Income ETF
Where it sits Bond ETF Bond ETF
What it is Tracks an index of 0-1 Year Treasury Bond Actively managed
Total return, 1 year +3.6% +2.8%
Its benchmark over the same days not measured −1.9% (AGG)
Gap to its benchmark not measured +4.8 pts vs AGG
Expense ratio 0.15% 0.25%
Holdings 67 141
Net assets, SHV as of Oct 20, 2026 and YEAR as of Oct 19, 2026 $23.5bn $1.6bn

SHV and YEAR 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 YEAR

YEAR is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +2.8% with distributions reinvested, against −1.9% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.25% a year.

Questions people ask

Which returned more over the last year, SHV or YEAR?
In the year to Oct 20, 2026, with distributions reinvested, SHV returned +3.6% and YEAR +2.8%.
Which is cheaper, SHV or YEAR?
SHV is cheaper, by 0.10 percentage points a year. That is about $10 on $10,000 held for a year. Fees come from each fund's prospectus.
Cite this pageCitation, APA and Markdown

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

Open data

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