SGOVvsPAYMETF Comparison
VS
ETF 2
PAYM
TrueShares S&P Autocallable Defensive Income ETF
This fund is part of
Options Strategies
-0.35%
iShares 0-3 Month Treasury Bond ETF (SGOV) belongs to the Money Market Bonds segment. TrueShares S&P Autocallable Defensive Income ETF (PAYM) is part of the Options Strategies segment. Both ETFs have the same top 2 sector exposures: Sovereign and Non-Corporate. SGOV is less expensive with a Total Expense Ratio (TER) of 0.09%, versus 0.74% for PAYM. SGOV is up 2.55% year-to-date (YTD) with +$41.18B in YTD flows. PAYM performs better with 6.83% YTD performance, and +$141M in YTD flows. Run a side-by-side ETF comparison of SGOV and PAYM below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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SGOV vs PAYM performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/15/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | SGOV PAYM | +0.28%-1.44% | +0.91%+1.28% | +2.55%+6.83% | +3.75%n/a | +14.31%n/a | +20.19%n/a |
| Flows | SGOV PAYM | +$7.02B+$10M | +$14.67B+$27M | +$41.18B+$141M | +$52.33B- | +$95.12B- | +$109.00B- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | SGOV PAYM | +0.15%+9.78% | +0.14%n/a | +0.18%n/a | +0.19%n/a |
| Max drawdown | SGOV PAYM | n/a-3.04% | n/an/a | n/an/a | -0.01%n/a |
| Max drawdown duration | SGOV PAYM | n/a19d | n/an/a | n/an/a | 7dn/a |
Trading data
SGOV | PAYM | |
Last sale 9/16/2026 at 1:30 PM | $24.99 | |
| Previous close 09/15/2026 | $25.17 | |
| Consolidated volume 09/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 17, 2026
1-year trailing difference
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PAYM
is actively managed and doesn’t replicate an indexSGOV | PAYM | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 9/16/2026 at 1:30 PM
Live
Closed
SGOV | PAYM | |
|---|---|---|
| Last price | – | $24.99 |
| 1D performance | – | -0.72% |
| AuM | $109.86 B | $142.77 M |
| E/R | 0.09% | 0.74% |
Characteristics
SGOV | PAYM | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | iShares | TrueShares |
| Benchmark | ICE 0-3 Month US Treasury Securities Index | - |
| N° of holdings | 23 | 3 |
| Asset class | Fixed Income | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | March 26, 2020 | December 29, 2025 |
| ESG | No | No |
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Exposure
Countries
SGOV
USA
106.92%
Other
-6.92%
PAYM
USA
96.92%
Other
3.08%
Sectors
SGOV
Sovereign
106.31%
Other
-6.31%
PAYM
Sovereign
95.62%
Other
4.38%
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Diversification
SGOV
Total weight of top 15 holdings out of 15
89.59%
PAYM
Total weight of top 3 holdings out of 3
96.92%
Top 15 holdings
Data as of July 31, 2026
SGOV
USA, Bills 0% 25aug2026, USD (119D)
10.22%
USA, Bills 0% 22sep2026, USD (119D)
8.56%
USA, Bills 0% 18aug2026, USD (119D)
8.53%
USA, Bills 0% 29sep2026, USD (119D)
6.83%
USA, Bills 0% 4aug2026, USD (119D)
6.80%
USA, Bills 0% 1sep2026, USD (119D)
6.63%
USA, Bills 0% 15sep2026, USD (119D)
6.02%
USA, Bills 0% 29oct2026, USD (364D)
5.17%
USA, Bills 0% 1oct2026, USD (364D)
4.95%
USA, Bills 0% 11aug2026, USD (119D)
4.63%
USA, Bills 0% 6aug2026, USD (364D)
4.61%
USA, Bills 0% 20aug2026, USD (182D)
4.39%
USA, Bills 0% 10sep2026, USD (182D)
4.34%
USA, Bills 0% 15oct2026, USD (182D)
4.12%
USA, Bills 0% 17sep2026, USD (182D)
3.79%
PAYM
USA, Bills 0% 11aug2026, USD (119D)
47.90%
USA, Bills 0% 17sep2026, USD (182D)
47.72%
State Street Institutional US Government Money Market Fund
1.29%
Frequently asked questions about SGOV and PAYM
How have the SGOV and PAYM ETFs performed in 2026?
As of September 15, 2026, SGOV is up 2.55% year-to-date (YTD), while PAYM has returned 6.83%. That puts PAYM better performer ahead so far this year.
Which ETF is attracting more investor money: SGOV or PAYM?
Year-to-date, the SGOV ETF saw +$41.18B in flows, compared to +$141M for PAYM.
Which ETF is bigger: SGOV or PAYM?
As of September 15, 2026, SGOV holds $109.86 B in assets under management (AUM), while PAYM manages $142.77 M.
What sectors do the SGOV and PAYM ETFs invest in?
SGOV leans toward sectors like Sovereign. Meanwhile, PAYM focuses on Sovereign.
What are the top holdings of the SGOV ETF and PAYM ETF?
SGOV top holdings include USA, Bills 0% 25aug2026, USD (119D), USA, Bills 0% 22sep2026, USD (119D) and USA, Bills 0% 18aug2026, USD (119D). PAYM holds in its top three: USA, Bills 0% 11aug2026, USD (119D), USA, Bills 0% 17sep2026, USD (182D) and State Street Institutional US Government Money Market Fund.
Which ETF is more diversified: SGOV or PAYM?
SGOV holds 23 securities with 89.59% of its assets in the top 15. PAYM has 3 securities.
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