iShares 0–1 Year Treasury Bond ETF (SHV) Performance
SHV total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +2.9% since Dec 31, 2025
- 1 year
- +3.6% total return
- 5 years
- +3.6% a year
- 10 years
- +2.4% a year
- Since first price
- +1.6% a year since 2007
SHV trailing returns vs AGG, TLT, SPY
| Period | SHV total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.4% | +0.1% | +0.9% | +1.5% | −1.0% |
| 3 months | +1.0% | +0.1% | −0.4% | −1.0% | +3.2% |
| 6 months | +1.8% | +0.0% | −1.5% | −3.8% | +7.8% |
| YTD | +2.9% | +0.2% | −1.0% | −3.4% | +12.3% |
| 1 year | +3.6% | −0.1% | −1.1% | −6.9% | +14.4% |
| 3 years | +13.9%+4.4%/yr | −0.1% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +19.4%+3.6%/yr | −0.1% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| 10 years | +26.2%+2.4%/yr | −0.1% | +14.0%+1.3%/yr | −18.7%−2.0%/yr | +315.9%+15.3%/yr |
| 15 years | +26.7%+1.6%/yr | +0.1% | +32.2%+1.9%/yr | +9.9%+0.6%/yr | +696.0%+14.8%/yr |
| Since inceptionJan 11, 2007 | +37.3%+1.6%/yr | +1.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: SHV vs AGG
From Jan 11, 2007: SHV grew to $13,728, AGG to $17,635.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SHV returns by calendar year
16 of 18 full years positive. Best 2024 (+5.1%), worst 2021 (−0.1%). 2026 is year to date.
SHV annual returns table
| Year | SHV | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +2.9% | −0.0% | −1.0% | −3.4% | +12.3% |
| 2025 | +4.2% | −0.0% | +7.2% | +4.3% | +17.7% |
| 2024 | +5.1% | −0.0% | +1.3% | −8.1% | +24.9% |
| 2023 | +5.0% | −0.1% | +5.7% | +2.8% | +26.2% |
| 2022 | +0.9% | −0.3% | −13.0% | −31.2% | −18.2% |
| 2021 | −0.1% | −0.1% | −1.8% | −4.6% | +28.7% |
| 2020 | +0.8% | −0.1% | +7.5% | +18.2% | +18.3% |
| 2019 | +2.4% | −0.0% | +8.5% | +14.1% | +31.2% |
| 2018 | +1.7% | −0.0% | +0.1% | −1.6% | −4.6% |
| 2017 | +0.7% | −0.1% | +3.6% | +9.2% | +21.7% |
| 2016 | +0.4% | −0.1% | +2.4% | +1.2% | +12.0% |
| 2015 | +0.0% | −0.1% | +0.5% | −1.8% | +1.2% |
| 2014 | +0.0% | −0.1% | +6.0% | +27.3% | +13.5% |
| 2013 | −0.0% | −0.1% | −2.0% | −13.4% | +32.3% |
| 2012 | +0.0% | −0.0% | +3.8% | +2.6% | +16.0% |
| 2011 | +0.1% | −0.1% | +7.7% | +34.0% | +1.9% |
| 2010 | +0.1% | −0.1% | +6.4% | +9.0% | +15.1% |
| 2009 | +0.2% | −0.2% | +3.0% | −21.8% | +26.4% |
| 2008 | +2.8% | −0.4% | +7.9% | +33.9% | −36.8% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
SHV risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2007 |
|---|---|---|---|---|
| Annualized return | +4.5% | +3.6% | +2.3% | +1.6% |
| Volatility (annualized) | 0.2% | 0.6% | 0.6% | 0.6% |
| Sharpe ratio | 0.08 | -0.56 | 0.20 | 0.78 |
| Sortino ratio | 0.11 | -0.65 | 0.29 | 2.01 |
| Best month | +0.5% | +0.5% | +0.5% | +0.7% |
| Worst month | +0.3% | −0.1% | −0.1% | −0.1% |
| Best 12 months | +5.5% | +5.5% | +5.5% | +5.5% |
| Worst 12 months | +3.6% | +0.0% | −0.3% | −0.3% |
| Positive months | 100% | 88% | 81% | 70% |
| Beta vs S&P 500 | 0.00 | 0.01 | 0.00 | — |
| Correlation with S&P 500 | 0.24 | 0.29 | 0.02 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
SHV rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 226 | −0.3% | +0.4% | +5.5% | 90% |
| 3-year (a year) | 202 | +0.0% | +0.7% | +4.8% | 100% |
| 5-year (a year) | 178 | +0.0% | +1.0% | +3.6% | 100% |
| 10-year (a year) | 118 | +0.3% | +0.6% | +2.3% | 100% |
Every holding period starting at a month-end since 2007. Returns for 3 years and longer are annualized.
SHV performance overview
iShares 0–1 Year Treasury Bond ETF (SHV) returned +3.6% over the past year and +2.4% a year over ten years, with distributions reinvested. Since its first recorded price in 2007 it has returned +1.6% a year, turning $10,000 into about $13,728. Over the same year U.S. bonds (AGG) returned −1.1%.
Related: SHV chart, SHV dividends, SHV bond profile. See the SHV overview for the latest quote and fund facts.
SHV performance FAQ
What is the SHV return over the past year?
SHV returned +3.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 0.1%.
What is the average annual return of SHV?
SHV has returned +3.6% a year over 5 years, +2.4% a year over 10 years, +1.6% a year since January 11, 2007 (total return, distributions reinvested).
How much would $10,000 invested in SHV be worth?
$10,000 invested in SHV at its first recorded close on January 11, 2007 would be worth about $13,728 on October 23, 2026 with distributions reinvested.
What was the worst year for SHV?
The worst calendar year was 2021, with a total return of −0.1%. The best was 2024 at +5.1%.
How volatile is SHV?
Over the past 3 years SHV had an annualized volatility of 0.2% and a Sharpe ratio of 0.08 (excess return over 1–3 month T-bills per unit of risk).