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Data as of Oct 28, 2026.

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SHY vs USHY: Differences, Returns & Fees

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SHY's duration was 1.8 years on Aug 31, 2026 and USHY's 3.0 on Jul 31, 2026; USHY charges 0.08% to SHY's 0.15%.

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Net assets on Oct 27, 2026: $27.4bn for iShares 1-3 Year Treasury Bond ETF and $26.3bn for iShares Broad USD High Yield Corporate Bond ETF.

SHY on its own →USHY on its own →
At a glance
+1.6%
SHY total return, 1 year
+1.7%
USHY total return, 1 year
0.15%
SHY expense ratio
0.08%
USHY expense ratio

Pair scorecard

USHY costs 0.07 points a year less; their one-year returns differ by 0.1 points.

SHY vs USHY: Differences, Returns & Fees
MeasureSHYUSHY
Return
Total return, 1 year+1.6%+1.7%
Benchmark
What it tracksICE U.S. Treasury 1-3 Year Bond IndexICE BofA US High Yield Constrained Index
Cost and size
Expense ratio0.15%0.08%
Net assets, as of Oct 27, 2026$27.4bn$26.3bn
Holdings
Holdings in common0%

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

What they share

0%

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

0 half 100%

half

0% in common

Positions both hold · largest shared weight first SHY USHY
Only in one fund ↓
Only in SHY
U.S. Treasury Notes, due Apr 30, 2028 1.97%
U.S. Treasury Notes, due Jan 31, 2028 1.71%
U.S. Treasury Notes, due Jun 30, 2028 1.61%
U.S. Treasury Notes, due Apr 30, 2029 1.51%
U.S. Treasury Notes, due May 31, 2029 1.49%
U.S. Treasury Notes, due Aug 15, 2027 1.48%
U.S. Treasury Notes, due Jun 30, 2029 1.47%
U.S. Treasury Notes, due Feb 15, 2028 1.40%
Only in USHY
1261229 BC Ltd, due Apr 15, 2032 0.47%
Meridian Arc Holdco LLC, due Apr 30, 2031 0.39%
EchoStar Corp, due Nov 30, 2029 0.39%
Quikrete Holdings Inc, due Mar 1, 2032 0.29%
PR RNO Property Owner 1 LLC, due May 1, 2031 0.28%
Asurion LLC/ Asurion Co-Issuer Inc, due Dec 31, 2032 0.26%
Cloud Software Group LLC, due Mar 31, 2029 0.26%
Cloud Software Group LLC, due Sep 30, 2029 0.25%
Check overlap with more funds →

Side by side

SHY iShares 1-3 Year Treasury Bond ETF USHY iShares Broad USD High Yield Corporate Bond ETF
Where it sits Bond ETF Bond ETF
Issuer iShares iShares
What it is Tracks an index of 1-3 Year Treasury Bond Tracks an index of Broad USD High Yield Corporate Bond
Total return, 1 year +1.6% +1.7%
Its benchmark over the same days +1.7% (BBSB) +1.8% (SPHY)
Gap to its benchmark −0.1 pts vs BBSB −0.1 pts vs SPHY
Expense ratio 0.15% 0.08%
Holdings 90 1900
Net assets, as of Oct 27, 2026 $27.4bn $26.3bn

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

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About each fund
SHY

SHY tracks an index of 1-3 Year Treasury Bond. Over the year to Oct 28, 2026 it returned +1.6% with distributions reinvested, against +1.7% for its benchmark, the ICE U.S. Treasury 1-3 Year Bond Index. The prospectus expense ratio is 0.15% a year.

USHY

USHY tracks an index of Broad USD High Yield Corporate Bond. Over the year to Oct 28, 2026 it returned +1.7% with distributions reinvested, against +1.8% for its benchmark, the ICE BofA US High Yield Constrained Index, measured by the closely related ICE BofA US High Yield Index. The prospectus expense ratio is 0.08% a year.

Questions people ask

Which returned more over the last year, SHY or USHY?
In the year to Oct 28, 2026, with distributions reinvested, SHY returned +1.6% and USHY +1.7%.
Which is cheaper, SHY or USHY?
USHY 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
HYG vs SHYJNK vs SHYSHY vs VTIPSHY vs VGITUSHY vs VGSHIEI vs USHYBNDX vs USHYUSHY vs VCLT
Where to next
SHY on its own →USHY on its own →Hold both: look the portfolio through →Rankings →SHY dividend history →SHY holdings →USHY dividend history →USHY holdings →Standards and sources →
Sources and dates
SHY and USHY filings on SEC EDGAR ↗
SHY prospectus with the expense ratio (SEC) ↗
iShares page for SHY ↗
USHY prospectus with the expense ratio (SEC) ↗
iShares page for USHY ↗

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, SHY against USHY, data as of Oct 28, 2026. https://etfiq.com/compare/any/shy-vs-ushy

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