iShares 0-3 Month Treasury Bond ETF (SGOV)


Market Price (8/3/2026): $100.425

iShares 0-3 Month Treasury Bond ETF (SGOV)


Market Price (8/3/2026): $100.425

Key Takeaways

  • SGOV has returned +1.8% YTD vs +9.8% for SPY; +3.5% over the past 12 months (SPY +21.2%). details →
  • Priced in gold, SGOV has returned -45.3% over the past 3 years, vs +14.2% in dollars — its dollar gains have lagged gold. details →
  • Over the past month, SGOV has seen net inflows of +$2.35B (+2.4% of assets). details →
  • SGOV is trading at an all-time high. details →
  • Risk-adjusted returns trail SPY: 3-year Sharpe ratio of 0.8 vs 0.9. details →
Last updated: 8/2/2026.

Price Chart

Asset Allocation with SGOV

Risk Tolerance:
ConservativeModerateAggressive
Moderate — 55% equity / 25% bonds / 20% alternatives
10Y Return (ann.)
+11.7%
Volatility
10.8%
Sharpe
0.82
YTD
+6.3%
Modeled with monthly rebalancing to target weights; 10-year figures are annualized from monthly returns. Illustrative only — past performance is not indicative of future results.

Learn More →
Tailored Asset Allocation
[1] Personalized 5 Level Risk Tolerance Assessment
[2] Asset Allocation for My Risk Tolerance
Learn More →
Protect Wealth
[1] Defensive Portfolios
[2] Tax-Efficient Strategies

Top 20 Holdings for SGOV

Total Weights
Top 5: 42.4% | Top 10: 69.8% | Top 20: 105.2%

HoldingETF Weight
912797UV7TREASURY BILL 08/25/202610.22%
912797VD6TREASURY BILL 09/22/20268.59%
912797UU9TREASURY BILL 08/18/20268.53%
912797UR6TREASURY BILL 07/28/20268.30%
912797US4TREASURY BILL 08/04/20266.78%
912797UW5TREASURY BILL 09/01/20266.63%
912797VC8TREASURY BILL 09/15/20266.02%
912797TQ0TREASURY BILL 07/30/20265.11%
912797SA6TREASURY BILL 10/01/20264.95%
912797UT2TREASURY BILL 08/11/20264.63%
912797RG4TREASURY BILL 08/06/20264.61%
912797TX5TREASURY BILL 08/20/20264.39%
912797UF2TREASURY BILL 09/10/20264.34%
912797UK1TREASURY BILL 10/15/20264.12%
912797UG0TREASURY BILL 09/17/20263.79%
912797TY3TREASURY BILL 08/27/20263.70%
912797RS8TREASURY BILL 09/03/20263.51%
912797UL9TREASURY BILL 10/22/20262.99%
912797TW7TREASURY BILL 08/13/20262.25%
912797UH8TREASURY BILL 09/24/20261.77%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
SGOV Return0%2%5%5%4%2%19%
Peers Return-0%1%5%5%4%2%19%
S&P 500 Return27%-19%24%23%16%9%98%

Monthly Win Rates [3]
SGOV Win Rate67%92%100%100%100%100% 
Peers Win Rate33%72%100%100%100%97% 
S&P 500 Win Rate75%42%67%75%67%43% 

Max Drawdowns [4]
SGOV Max Drawdown-0%-0%-0%-0%-0%-0% 
Peers Max Drawdown-0%-0%-0%-0%-0%-0% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: BIL, JPST, SHV, USFR, TFLO.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 7/31/2026 (YTD)

Sharpe Ratios Compared

One measure of reward vs. risk is a Sharpe ratio. A higher ratio indicates better risk-adjusted returns. Most funds have Sharpe ratios < 1.0.

Ticker1Y3Y5Y
SGOV-2.070.77-0.51
Cash Top Results (3Y)   
ICSH-1.001.23-0.04
JPST-0.841.06-0.15
SGOV-2.070.77-0.51
USFR-1.480.700.03
TFLO-1.610.64-0.08

Results as of 7312026.

Current Dip Buy Opportunities Across ETFs

ETFs currently down 5% or more from trailing 6M peaks.

TickerNameDip %Mkt PricePrice DatePeak PricePeak Date# Days
XLGInvesco S&P 500 Top 50 ETF-5.9%60.77802202664.59601202662
MAGSRoundhill Magnificent Seven ETF-7.0%65.96802202670.94514202680
QQQInvesco QQQ Trust, Series 1-7.8%687.998022026746.16602202661
QQQMInvesco NASDAQ 100 ETF-7.8%283.298022026307.23602202661
ONEQFidelity Nasdaq Composite Index ETF-6.3%100.038022026106.70602202661
SCHMSchwab U.S. Mid-Cap ETF-5.9%34.70802202636.87630202633
SCHASchwab U.S. Small-Cap ETF-7.1%33.56802202636.13630202633
VUGVanguard Growth ETF-5.5%85.20802202690.19601202662
IWFiShares Russell 1000 Growth ETF-8.1%118.328022026128.77601202662
VONGVanguard Russell 1000 Growth ETF-7.9%121.918022026132.35601202662
MGKVanguard Mega Cap Growth ETF-6.1%86.33802202691.97601202662
IWPiShares Russell Mid-Cap Growth ETF-6.4%137.048022026146.41630202633
IWOiShares Russell 2000 Growth ETF-5.9%370.678022026393.96630202633
VBKVanguard Small-Cap Growth ETF-6.9%340.468022026365.70630202633
VSSVanguard FTSE All-World EX-US Small-Cap Index Fund-7.0%150.528022026161.79511202683
SCHCSchwab International Small-Cap Equity ETF-6.2%48.34802202651.543012026154
IEMGiShares Core MSCI Emerging Markets ETF-9.8%77.61802202686.00622202641
EEMiShares MSCI Emerging Markets ETF-10.0%64.09802202671.21622202641
ASHRXtrackers Harvest CSI 300 China A-Shares ETF-8.3%34.20802202637.30622202641
EWYiShares MSCI South Korea ETF-28.3%157.108022026219.20621202642
EWZiShares MSCI Brazil ETF-12.2%36.65802202641.734142026110
FXIiShares China Large-Cap ETF-7.9%36.50802202639.612012026182
ILFiShares Latin America 40 ETF-7.2%35.37802202638.104142026110
KWEBKraneShares CSI China Internet ETF-19.5%28.49802202635.382012026182
JEPQJ.P. Morgan Nasdaq Equity Premium Income ETF-5.2%58.25802202661.46630202633
QQQINEOS Nasdaq 100 High Income ETF-5.9%53.04802202656.38602202661
MTUMiShares MSCI USA Momentum Factor ETF-13.2%299.598022026345.22622202641
SPHQInvesco S&P 500 Quality ETF-6.0%84.67802202690.10630202633
SPMOInvesco S&P 500 Momentum ETF-11.0%143.838022026161.66622202641
VLUEiShares MSCI USA Value Factor ETF-6.6%191.148022026204.59625202638
ARKKARK Innovation ETF-14.8%71.24802202683.61706202627
URAGlobal X Uranium ETF-32.9%39.07802202658.26506202688
BOTZGlobal X Funds Global X Robotics & Artificial Intelligence ETF-15.4%35.22802202641.63513202681
ROBOROBO Global Robotics & Automation Index ETF-12.3%79.25802202690.34602202661
LITGlobal X Lithium & Battery Tech ETF-24.4%69.22802202691.62511202683
ICLNiShares Global Clean Energy ETF-26.1%17.55802202623.75602202661
ARKQARK Autonomous Technology & Robotics ETF-20.0%115.078022026143.82528202666
ARKWARK Next Generation Internet ETF-11.2%136.848022026154.18601202662
ARKXARK Space & Defense Innovation ETF-18.9%30.60802202637.74528202666
NASATema Space Innovators ETF-48.4%21.62802202641.89527202667
XOVREntrepreneurShares Series Trust ERShares Private-Public Crossover ETF-12.8%18.60802202621.34706202627
AGIXKraneShares Artificial Intelligence ETF-14.4%42.29802202649.40601202662
GDEWisdomTree Efficient Gold Plus Equity Strategy Fund-13.2%61.10802202670.39511202683
RAAXVanEck Real Assets ETF-7.6%39.46802202642.70511202683
VGTVanguard Information Technology ETF-9.9%113.158022026125.62602202661
XLKState Street Technology Select Sector SPDR ETF-11.5%175.358022026198.21602202661
XLCState Street Communication Services Select Sector SPDR ETF-9.6%108.248022026119.702012026182
XLUState Street Utilities Select Sector SPDR ETF-6.4%44.35802202647.403012026154
XLBState Street Materials Select Sector SPDR ETF-5.5%50.43802202653.382112026172
IYMiShares U.S. Basic Materials ETF-7.1%175.708022026189.083022026153
SMHVanEck Semiconductor ETF-19.2%540.538022026668.91622202641
SOXXiShares Semiconductor ETF-22.9%504.898022026655.01622202641
IBBiShares Biotechnology ETF-6.0%186.418022026198.23707202626
XBIState Street SPDR S&P Biotech ETF-10.5%147.018022026164.28709202624
XOPState Street SPDR S&P Oil & Gas Exploration & Production ETF-5.7%177.408022026188.183292026126
IGViShares Expanded Tech-Software Sector ETF-12.2%94.588022026107.70601202662
IYTiShares U.S. Transportation ETF-5.7%84.89802202690.01716202617
IAIiShares U.S. Broker-Dealers & Securities Exchanges ETF-5.1%186.268022026196.32715202618
MISLFirst Trust Indxx Aerospace & Defense ETF-15.1%43.03802202650.663022026153
RINGiShares MSCI Global Gold Miners ETF-35.9%63.77802202699.423012026154
SOXQInvesco PHLX Semiconductor ETF-22.6%89.058022026115.11622202641
BWXState Street SPDR Bloomberg International Treasury Bond ETF-5.2%21.72802202622.902162026167
TLTiShares 20+ Year Treasury Bond ETF-8.1%82.25802202689.483012026154
VGLTVanguard Long-Term Treasury ETF-7.0%52.77802202656.763012026154
SPTLState Street SPDR Portfolio Long Term Treasury ETF-7.4%25.08802202627.093012026154
TLHiShares 10-20 Year Treasury Bond ETF-6.7%96.548022026103.453012026154
EDVVanguard World Funds Extended Duration ETF-11.8%59.46802202667.423012026154
SPLBState Street SPDR Portfolio Long Term Corporate Bond ETF-5.5%21.41802202622.652192026164
IGLBiShares 10+ Year Investment Grade Corporate Bond ETF-5.2%47.94802202650.582172026166
PDBCInvesco Optimum Yield Diversified Commodity Strategy No K-1 ETF-7.1%17.56802202618.91512202682
DBCInvesco DB Commodity Index Tracking Fund-7.1%29.45802202631.69512202682
COMTiShares GSCI Commodity Dynamic Roll Strategy ETF-10.6%32.64802202636.53519202675
GSGiShares GSCI Commodity-5.8%30.01802202631.853182026137
BCIabrdn Bloomberg All Commodity Strategy K-1 Free ETF-7.6%23.93802202625.91512202682
FTGCFirst Trust Global Tactical Commodity Strategy Fund-5.2%28.94802202630.53512202682
GLDSPDR Gold Trust-24.2%371.548022026490.003022026153
IAUiShares Gold Trust-24.1%76.178022026100.383022026153
GLDMSPDR Gold MiniShares Trust-24.1%80.148022026105.543022026153
SGOLETFS Physical Swiss Gold Shares-12.1%44.66802202650.813022026153
BARDirexion Daily Gold Bull 3X Shares-15.6%44.34802202652.533022026153
SLViShares Silver Trust-38.4%52.36802202684.993012026154
SIVRETFS Physical Silver Shares Trust ETF-6.6%83.39802202689.263012026154
PPLTETFS Physical Platinum Shares-30.3%14.96802202621.473012026154
CPERUnited States Copper Index Fund ETV-11.1%33.33802202637.482032026180
PALLETFS Physical Palladium Shares-28.6%23.23802202632.542242026159
USOUnited States Oil Fund LP-15.6%129.178022026152.96519202675
UNGUnited States Natural Gas Fund LP-40.5%10.06802202616.902012026182
BNOUnited States Brent Oil Fund LP ETV-7.1%55.85802202660.13504202690
IBITiShares Bitcoin Trust ETF-25.0%35.64802202647.492012026182
FBTCFidelity Wise Origin Bitcoin Fund-25.1%54.71802202673.022012026182
GBTCGrayscale Bitcoin Trust ETF-5.4%61.84802202665.372012026182
ETHAiShares Ethereum Trust ETF-30.2%14.07802202620.172012026182

ETF Fund Flows

Largest fund inflows and outflows across ETFs, with the asset-allocation rotation they imply.

Net fund flows · as of 2026-07-31

Asset allocation rotation · Past month

  • Equity ETFs drew the largest net inflows (+$44.1B), followed by Bond (+$14.9B), with every major asset class in net inflows.
  • Within the mix, money rotated into US Large Cap Core (+$12.3B) and out of US Nasdaq Growth (−$9.4B).
  • Relative to fund size, BFLX drew the largest inflow (+56.5% of AUM) and FTXL the largest outflow (−36.8%).
Largest inflows
#TickerNameTypeNet flow% of AUM
1SPYState Street SPDR S&P 500 ETFEquity US Large Cap Core+$12.35B+1.6%
2VOOVanguard S&P 500 ETFEquity US Large Cap Core+$10.31B+1.0%
3SOXXiShares Semiconductor ETFEquity Industry Subsector+$7.98B+17.4%
4EWYiShares MSCI South Korea ETFEquity Emerging Markets+$5.93B+26.4%
5DRAMRoundhill Memory ETFOther+$5.8B+24.3%
6SPYMState Street SPDR Portfolio S&P 500 ETFEquity US Large Cap Core+$5.55B+3.5%
7VTIVanguard Total Stock Market ETFEquity US Total Market+$4.14B+0.6%
8EFViShares MSCI EAFE Value ETFEquity International Developed Broad+$3.61B+13.1%
9XLFState Street Financial Select Sector SPDR ETFEquity Broad Sector+$3.39B+6.1%
10SCHDSchwab U.S. Dividend Equity ETFEquity Dividend Income+$2.88B+2.9%
Largest outflows
#TickerNameTypeNet flow% of AUM
1IVViShares Core S&P 500 ETFEquity US Large Cap Core-$16.45B-1.9%
2QQQInvesco QQQ Trust, Series 1Equity US Nasdaq Growth-$11.71B-2.5%
3IQMMProShares - GENIUS Money Market ETFOther-$3.05B-16.7%
4LQDiShares iBoxx $ Investment Grade Corporate Bond ETFBond Intermediate Corporate-$1.7B-4.9%
5IWMiShares Russell 2000 ETFEquity US Small Cap Core-$1.27B-1.6%
6IWDiShares Russell 1000 Value ETFEquity US Large Value-$1.26B-1.6%
7SCZiShares MSCI EAFE Small-Cap ETFEquity International Small Cap-$1.05B-7.9%
8IWFiShares Russell 1000 Growth ETFEquity US Large Growth-$1.01B-0.8%
9DIAState Street SPDR Dow Jones Industrial Average ETF TrustEquity US Large Concentrated-$987M-2.2%
10KREState Street SPDR S&P Regional Banking ETFEquity Industry Subsector-$961M-20.3%

Largest ETF fund flows across ~2570 funds (min AUM $100M). Net creations/redemptions; leveraged & inverse ETFs excluded. A ⚠ marks a day excluded as a suspected data error.

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About SGOV

0Holdings Count: 24
Expense Ratio: 0.09%
Inception Date: 2020-05-26
iShares 0-3 Month Treasury Bond ETF
The iShares 0-3 Month Treasury Bond ETF is designed to mirror the financial performance of a benchmark index. This index is specifically constructed from short-dated United States Treasury securities, all of which possess a remaining maturity period of three months or less.
Asset Class: Fixed Income | ETF Website

Recent Active Movers

Peer Comparisons

Peers to compare with:

Profile

SGOVBILJPSTSHVUSFRTFLOMedian
NameiShares 0-.State Stre.JPMorgan U.iShares Tr.WisdomTree.iShares Tr. 
Asset ClassCashCashCashCashCashCash-
AUM ($ Bil)99.947.040.520.718.16.730.6
Expense Ratio0.09%0.14%0.18%0.15%0.15%0.15%0.15%
10-D Avg Volume (Mil)20.269.836.292.544.691.495.49
Latest Day Volume (Mil)15.388.488.072.695.782.076.93
Holdings Count2438798156820
Inception Date5/26/20205/25/20075/17/20171/5/20072/4/20142/3/2014-

Fundamentals

SGOVBILJPSTSHVUSFRTFLOMedian
NameiShares 0-.State Stre.JPMorgan U.iShares Tr.WisdomTree.iShares Tr. 
Net Asset Value100.7191.6550.52110.3950.4950.65-
Premium/Discount0.0%0.0%0.0%0.0%-0.2%0.0%0.0%
Distribution Yield3.8%3.8%4.2%3.8%3.8%3.8%3.8%
Sales Yield-------
Earnings Yield-------

Valuation

SGOVBILJPSTSHVUSFRTFLOMedian
NameiShares 0-.State Stre.JPMorgan U.iShares Tr.WisdomTree.iShares Tr. 
P/S (TTM)-------
P/E (TTM)-------
P/FCF (TTM)-------
Forward P/E-------
Forward P/S-------

Risk

SGOVBILJPSTSHVUSFRTFLOMedian
NameiShares 0-.State Stre.JPMorgan U.iShares Tr.WisdomTree.iShares Tr. 
Volatility (1Y)0.3%0.3%0.6%0.4%0.4%0.4%0.4%
Volatility (3Y)0.3%0.3%0.6%0.3%0.4%0.4%0.3%
Volatility (5Y)0.3%0.3%0.6%0.3%0.4%0.4%0.3%
Beta (1Y)-0.00-0.000.010.00-0.00-0.00-0.00
Beta (3Y)-0.00-0.000.000.00-0.00-0.00-0.00
Beta (5Y)-0.00-0.000.000.00-0.00-0.00-0.00
Sharpe Ratio (1Y)10.2210.015.589.478.948.959.21
Sharpe Ratio (3Y)16.0615.418.1914.8712.6012.5113.73
Sharpe Ratio (5Y)12.9411.795.9110.398.859.6110.00
Max Drawdown (1Y)-0.3%-0.3%-0.4%-0.3%-0.3%-0.3%-0.3%
Max Drawdown (3Y)-0.3%-0.3%-0.4%-0.3%-0.3%-0.3%-0.3%
Max Drawdown (5Y)-0.3%-0.3%-0.8%-0.4%-0.3%-0.3%-0.3%

Returns

SGOVBILJPSTSHVUSFRTFLOMedian
NameiShares 0-.State Stre.JPMorgan U.iShares Tr.WisdomTree.iShares Tr. 
1M Return0.3%0.3%0.3%0.3%0.0%0.3%0.3%
3M Return0.6%0.6%0.6%0.6%0.7%0.7%0.6%
6M Return1.5%1.5%1.3%1.5%1.6%1.6%1.5%
YTD Return1.8%1.8%1.6%1.7%1.9%1.9%1.8%
1Y Return3.6%3.5%3.7%3.6%3.7%3.6%3.6%
2Y Return8.4%8.2%9.0%8.3%8.5%8.5%8.4%
3Y Return14.3%14.1%15.8%14.1%14.5%14.4%14.4%

Short Interest

Short Interest: As Of Date7152026
Short Interest: Shares Quantity7.6 Mil
Short Interest: % Change Since 6302026-3.2%
Average Daily Volume19.7 Mil
Days-to-Cover Short Interest1