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SHVvsTBLLETF Comparison

ETF 1

SHV

iShares 0–1 Year Treasury Bond ETF

This fund is part of

Money Market Bonds

+0.02%

Full SHV fund page

VS

ETF 2

TBLL

Invesco Treasury Collateral ETF

This fund is part of

Money Market Bonds

+0.02%

Full TBLL fund page

iShares 0–1 Year Treasury Bond ETF (SHV) and Invesco Treasury Collateral ETF (TBLL) belong to the same industry segment: Money Market Bonds. SHV's top 2 sector exposures are Sovereign and Non-Corporate. In contrast, TBLL's top sector exposures are Sovereign. SHV is more expensive with a Total Expense Ratio (TER) of 0.15%, versus 0.08% for TBLL. SHV is up 2.87% year-to-date (YTD) with +$3.55B in YTD flows. TBLL performs worse with 2.85% YTD performance, and +$385M in YTD flows. Run a side-by-side ETF comparison of SHV and TBLL 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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SHV vs TBLL performance and flow charts

Performance

Cumulative Flows

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Data Services

Historic performance and flows

Data as of 10/23/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	SHV TBLL	+0.37%+0.37%	+0.96%+0.95%	+2.87%+2.85%	+3.63%+3.63%	+13.94%+13.95%	+19.43%+19.60%
Flows	SHV TBLL	+$2.14B+$2M	+$2.79B+$18M	+$3.55B+$385M	+$2.96B+$418M	+$1.82B+$1.16B	+$9.81B+$1.93B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	SHV TBLL	+0.15%+0.14%	+0.15%+0.13%	+0.19%+0.18%	+0.24%+0.23%
Max drawdown	SHV TBLL	n/an/a	n/an/a	n/an/a	-0.37%-0.15%
Max drawdown duration	SHV TBLL	n/an/a	n/an/a	n/an/a	336d224d

Trading data

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	SHV	TBLL
Last sale 10/26/2026 at 1:30 PM		$105.55
Previous close 10/23/2026		$105.54
Consolidated volume 10/23/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of September 30, 2026

1-year trailing difference

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	SHV	TBLL
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/26/2026 at 1:30 PM

Live

Closed

	SHV	TBLL
Last price	–	$105.55
1D performance	–	+0.01%
AuM	$23.55 B	$2.63 B
E/R	0.15%	0.08%

Characteristics

	SHV	TBLL
Management strategy	Passive	Passive
Provider	iShares	Invesco
Benchmark	ICE US Treasury Short Bond Index	ICE US Treasury Short Bond Index
N° of holdings	58	86
Asset class	Fixed Income	Fixed Income
Trailing 12m distribution yield	Join	Join
Inception date	January 5, 2007	January 12, 2017
ESG	No	No

More SHV data on Trackinsight

More TBLL data on Trackinsight

Exposure

Countries

SHV

USA

88.6%

Other

11.4%

TBLL

USA

100%

Other

-0%

Sectors

SHV

Sovereign

88.09%

Other

11.91%

TBLL

Sovereign

100%

Other

-0%

Diversification

SHV

Total weight of top 15 holdings out of 15

52.13%

TBLL

Total weight of top 15 holdings out of 15

30.78%

Top 15 holdings

Data as of August 31, 2026

SHV

USA, Bills 0% 14jan2027, USD (182D)

4.95%

USA, Bills 0% 29oct2026, USD (364D)

4.53%

USA, Bills 0% 13oct2026, USD (119D)

3.86%

US912797WF00

3.60%

USA, Bills 0% 27oct2026, USD (119D)

3.56%

US912797WG82

3.55%

USA, Bills 0% 1oct2026, USD (364D)

3.37%

USA, Bills 0% 12nov2026, USD (182D)

3.33%

USA, Bills 0% 7jan2027, USD (182D)

3.29%

USA, Bills 0% 31dec2026, USD (182D)

3.23%

USA, Bills 0% 8sep2026, USD (119D)

3.14%

USA, Bills 0% 24sep2026, USD (182D)

3.04%

USA, Bills 0% 24dec2026, USD (363D)

2.97%

USA, Bills 0% 15sep2026, USD (119D)

2.91%

USA, Bills 0% 22sep2026, USD (119D)

2.79%

TBLL

USA, Bills 0% 8sep2026, USD (119D)

2.79%

USA, Bills 0% 3sep2026, USD (364D)

2.30%

USA, Bills 0% 17sep2026, USD (182D)

2.19%

USA, Bills 0% 17nov2026, USD (119D)

2.12%

USA, Bills 0% 10sep2026, USD (182D)

2.01%

USA, Bills 0% 8oct2026, USD (182D)

1.97%

USA, Bills 0% 15oct2026, USD (182D)

1.97%

USA, Bills 0% 22oct2026, USD (182D)

1.96%

USA, Bills 0% 15sep2026, USD (119D)

1.93%

USA, Bills 0% 3nov2026, USD (119D)

1.92%

USA, Bills 0% 13oct2026, USD (119D)

1.92%

USA, Bills 0% 10nov2026, USD (119D)

1.92%

USA, Bills 0% 20oct2026, USD (119D)

1.92%

USA, Bills 0% 27oct2026, USD (119D)

1.92%

USA, Bills 0% 24nov2026, USD (119D)

1.92%

Frequently asked questions about SHV and TBLL

How have the SHV and TBLL ETFs performed in 2026?

As of October 23, 2026, SHV is up 2.87% year-to-date (YTD), while TBLL has returned 2.85%. That puts SHV better performer ahead so far this year.

Which ETF is attracting more investor money: SHV or TBLL?

Year-to-date, the SHV ETF saw +$3.55B in flows, compared to +$385M for TBLL.

Which ETF is more volatile: SHV or TBLL?

Over the past year, SHV had a volatility of 0.15%, while TBLL experienced 0.13%.

Which ETF is bigger: SHV or TBLL?

As of October 23, 2026, SHV holds $23.55 B in assets under management (AUM), while TBLL manages $2.63 B.

What sectors do the SHV and TBLL ETFs invest in?

SHV leans toward sectors like Sovereign. Meanwhile, TBLL focuses on Sovereign.

What are the top holdings of the SHV ETF and TBLL ETF?

SHV top holdings include USA, Bills 0% 14jan2027, USD (182D), USA, Bills 0% 29oct2026, USD (364D) and USA, Bills 0% 13oct2026, USD (119D). TBLL holds in its top three: USA, Bills 0% 8sep2026, USD (119D), USA, Bills 0% 3sep2026, USD (364D) and USA, Bills 0% 17sep2026, USD (182D).

SHVvsTBLLETF Comparison

iShares 0–1 Year Treasury Bond ETF

Invesco Treasury Collateral ETF

SHV vs TBLL performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the SHV and TBLL ETFs performed in 2026?

As of October 23, 2026, SHV is up 2.87% year-to-date (YTD), while TBLL has returned 2.85%. That puts SHV better performer ahead so far this year.

Which ETF is attracting more investor money: SHV or TBLL?

Year-to-date, the SHV ETF saw +$3.55B in flows, compared to +$385M for TBLL.

Which ETF is more volatile: SHV or TBLL?

Over the past year, SHV had a volatility of 0.15%, while TBLL experienced 0.13%.

Which ETF is bigger: SHV or TBLL?

As of October 23, 2026, SHV holds $23.55 B in assets under management (AUM), while TBLL manages $2.63 B.

What sectors do the SHV and TBLL ETFs invest in?

SHV leans toward sectors like Sovereign. Meanwhile, TBLL focuses on Sovereign.

What are the top holdings of the SHV ETF and TBLL ETF?

SHV top holdings include USA, Bills 0% 14jan2027, USD (182D), USA, Bills 0% 29oct2026, USD (364D) and USA, Bills 0% 13oct2026, USD (119D). TBLL holds in its top three: USA, Bills 0% 8sep2026, USD (119D), USA, Bills 0% 3sep2026, USD (364D) and USA, Bills 0% 17sep2026, USD (182D).

Which ETF is more diversified: SHV or TBLL?

SHV holds 64 securities with 52.13% of its assets in the top 15. TBLL has 86 securities and a top 15 weight of 30.78%.

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