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ETFs

iShares Short Treasury Bond ETF

SHV
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jan 05 2007
Expense Ratio
0.15%
Type
US Bonds
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$256,688,465
AUM
$20,300,546,327
Associated Index
ICE Short US Treasury Securities Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

B 0 10/05/23
TREASURY BILL
7.59%
B 0 11/02/23
TREASURY BILL
5.69%
n/a
TREASURY BILL
5.40%
n/a
TREASURY BILL
5.04%
B 0 02/29/24
TREASURY BILL
4.78%
n/a
TREASURY BILL
4.09%
B 0 11/30/23
TREASURY BILL
4.04%
B 0 02/01/24
TREASURY BILL
3.94%
B 0 01/25/24
TREASURY BILL
3.78%
B 0 02/22/24
TREASURY BILL
3.69%
Invest with SHV

What is SHV?

The iShares Short Treasury Bond ETF seeks to track the investment results of an index composed of U.S. Treasury bonds with remaining maturities between one month and one year. Exposure to U.S. Treasury bonds that mature in less than 1 year.

ETFs related toSHV

ETFs correlated to SHV include XBIL, OBIL, SHY

SHV
BlackRock Institutional Trust Company N.A. - iShares Short Treasury Bond ETF
XBIL
Rbb Fund Inc - US Treasury 6 Month Bill ETF
OBIL
Rbb Fund Inc - US Treasury 12 Month Bill ETF
SHY
BlackRock Institutional Trust Company N.A. - iShares 1-3 Year Treasury Bond ETF
GBIL
Goldman Sachs ETF Trust - Goldman Sachs Access Treasury 0-1 Year ETF
BILS
SPDR Series Trust - SPDR Bloomberg 3-12 Month T-Bill ETF
XONE
BondBloxx ETF Trust - BondBloxx Bloomberg One Year Target Duration US Treasury ETF
ISTB
BlackRock Institutional Trust Company N.A. - iShares Core 1-5 Year USD Bond ETF
TBLL
Invesco Capital Management LLC - Invesco Short Term Treasury ETF
SLQD
BlackRock Institutional Trust Company N.A. - iShares 0-5 Year Investment Grade Corporate Bond ETF
TUA
Simplify Exchange Traded Funds - Simplify Short Term Treasury Futures Strategy ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toSHV

#DB

Diversification at its Best

Category

Tactical Asset Allocation, Be Risk Aware, Diversification

Risk Rating

Moderate

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with SHV using Composer

FAQ

SHV is a US Bonds ETF. The iShares Short Treasury Bond ETF seeks to track the investment results of an index composed of U.S. Treasury bonds with remaining maturities between one month and one year. Exposure to U.S. Treasury bonds that mature in less than 1 year.

SHV tracks the ICE Short US Treasury Securities Index.

No, SHV is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, SHV is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on SHV is 0.0042%. This is the percent change in the value of SHV over the most recent 1-month period. The 3-month return on SHV is 0.0129%. This is the percent change in the value of SHV over the most recent 3-month period.

The standard deviation of SHV for the past year is 0.0117%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to SHV include BIL, SPTL, and TLT.

ETFs correlated to SHV include XBIL, OBIL, and SHY.

ETFs that are inversely correlated to SHV include CTA, PST, and TBX.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.