TBILvsSHVETF Comparison
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F/m US Treasury 3 Month Bill ETF (TBIL) and iShares 0–1 Year Treasury Bond ETF (SHV) belong to the same industry segment: Money Market Bonds. In contrast, SHV's top sector exposures are Sovereign and Non-Corporate. Both TBIL and SHV have the same Total Expense Ratio (TER) of 0.15%. TBIL is up 2.96% year-to-date (YTD) with +$1.28B in YTD flows. SHV performs worse with 2.87% YTD performance, and +$3.55B in YTD flows. Run a side-by-side ETF comparison of TBIL and SHV 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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TBIL vs SHV performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/23/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | TBIL SHV | +0.36%+0.37% | +0.96%+0.96% | +2.96%+2.87% | +3.74%+3.63% | +13.97%+13.94% | n/a+19.43% |
| Flows | TBIL SHV | +$221M+$2.14B | +$404M+$2.79B | +$1.28B+$3.55B | +$1.47B+$2.96B | +$5.17B+$1.82B | -+$9.81B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | TBIL SHV | +0.17%+0.15% | +0.16%+0.15% | +0.19%+0.19% | n/a+0.24% |
| Max drawdown | TBIL SHV | n/an/a | n/an/a | n/an/a | n/a-0.37% |
| Max drawdown duration | TBIL SHV | n/an/a | n/an/a | n/an/a | n/a336d |
Trading data
TBIL | SHV | |
Last sale 10/23/2026 at 1:30 PM | $49.99 | |
| Previous close 10/22/2026 | $49.97 | |
| Consolidated volume 10/22/2026 | ||
| 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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TBIL | SHV | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 10/23/2026 at 1:30 PM
Live
Closed
TBIL | SHV | |
|---|---|---|
| Last price | $49.99 | – |
| 1D performance | +0.04% | – |
| AuM | $7.61 B | $23.55 B |
| E/R | 0.15% | 0.15% |
Characteristics
TBIL | SHV | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | F/m Investments | iShares |
| Benchmark | Bloomberg US Treasury Bellwether 3M Index | ICE US Treasury Short Bond Index |
| N° of holdings | - | 58 |
| Asset class | - | Fixed Income |
| Trailing 12m distribution yield | Join | Join |
| Inception date | August 9, 2022 | January 5, 2007 |
| ESG | No | No |
Exposure
Countries
TBIL
Data will be available soon
SHV
USA
88.6%
Other
11.4%
Sectors
TBIL
Data will be available soon
SHV
Sovereign
88.09%
Other
11.91%
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Diversification
TBIL
Data will be available soon
SHV
Total weight of top 15 holdings out of 15
52.13%
Top 15 holdings
Data as of January 1, 1970
TBIL
Data will be available soon
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%
Frequently asked questions about TBIL and SHV
How have the TBIL and SHV ETFs performed in 2026?
As of October 23, 2026, TBIL is up 2.96% year-to-date (YTD), while SHV has returned 2.87%. That puts TBIL better performer ahead so far this year.
Which ETF is attracting more investor money: TBIL or SHV?
Year-to-date, the TBIL ETF saw +$1.28B in flows, compared to +$3.55B for SHV.
Which ETF is more volatile: TBIL or SHV?
Over the past year, TBIL had a volatility of 0.16%, while SHV experienced 0.15%.
Which ETF is bigger: TBIL or SHV?
As of October 23, 2026, TBIL holds $7.61 B in assets under management (AUM), while SHV manages $23.55 B.
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