ICSH vs SHV: Holdings Overlap
ICSHiShares Ultra Short Duration Bond Active ETF
iShares · 236 holdings · $8.4B · as of 2026-04-30
SHViShares 0-1 Year Treasury Bond ETF
iShares · 13 holdings · $20.6B · as of 2026-05-31
Holdings snapshots are 31 days apart (ICSH: 2026-04-30, SHV: 2026-05-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are ICSH and SHV?
iShares Ultra Short Duration Bond Active ETF (ICSH, by iShares) holds 236 positions; iShares 0-1 Year Treasury Bond ETF (SHV, by iShares) holds 13. They have 2 holdings in common, and by portfolio weight the two funds are 0.7% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 2ICSH holds 236 · SHV holds 13
- Weight in Shared Holdings
- ICSH 1%·SHV 2%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in ICSH
234 of 236 positions (51.6% of the fund) are not held by SHV. Showing the top 30 by weight.
- Northwestern Mutual Global Funding0.79%
- Pacific Life Global Funding II0.75%
- Salesforce Inc0.73%
- New York Life Global Funding0.73%
- Morgan Stanley Private Bank NA0.73%
- Honeywell Aerospace Inc0.73%
Only in SHV
11 of 13 positions (11.9% of the fund) are not held by ICSH.
- U.S. Treasury Notes2.42%
- U.S. Treasury Notes1.40%
- U.S. Treasury Notes1.21%
- U.S. Treasury Notes1.21%
- U.S. Treasury Notes1.18%
- U.S. Treasury Notes0.97%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| ICSH | +0.4% | +2.1% | +4.0% | +5.1% | +3.8% | +2.8% | 4.20% |
| SHV | +0.3% | +2.1% | +3.8% | +4.6% | +3.5% | +2.3% | 3.74% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in ICSH vs SHV →
Shared Holdings(2)
| U.S. Treasury Notes | 0.57% | 0.50% | 0.50% |
|---|---|---|---|
| U.S. Treasury Notes | 0.19% | 1.75% | 0.19% |
Frequently Asked Questions
How much do ICSH and SHV overlap?
ICSH and SHV overlap by 0.7% of portfolio weight. They share 2 holdings (ICSH holds 236 positions and SHV holds 13), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ICSH and SHV?
The two portfolios are 0.7% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of ICSH and SHV?
The largest positions held by both funds are U.S. Treasury Notes and U.S. Treasury Notes. Together the top 2 shared positions account for 100% of the total overlap.
What does ICSH own that SHV doesn't?
234 positions (51.6% of ICSH) are unique to ICSH, led by Northwestern Mutual Global Funding, Pacific Life Global Funding II and Salesforce Inc. In the other direction, 11 positions (11.9% of SHV) are unique to SHV.