SHV vs VGSH: Holdings Overlap
SHViShares 0-1 Year Treasury Bond ETF
iShares · 13 holdings · $20.6B · as of 2026-05-31
VGSHVanguard Short-term Treasury Index Fund
Vanguard · 91 holdings · $30.2B · as of 2026-05-31
How similar are SHV and VGSH?
iShares 0-1 Year Treasury Bond ETF (SHV, by iShares) holds 13 positions; Vanguard Short-term Treasury Index Fund (VGSH, by Vanguard) holds 91. They have 2 holdings in common, and by portfolio weight the two funds are 1.9% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 2SHV holds 13 · VGSH holds 91
- Weight in Shared Holdings
- SHV 2%·VGSH 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 SHV
11 of 13 positions (12.2% of the fund) are not held by VGSH.
- U.S. Treasury Notes2.42%
- U.S. Treasury Notes1.75%
- U.S. Treasury Notes1.40%
- U.S. Treasury Notes1.21%
- U.S. Treasury Notes1.21%
- U.S. Treasury Notes1.18%
Only in VGSH
89 of 91 positions (96.6% of the fund) are not held by SHV. Showing the top 30 by weight.
- U.S. Treasury Notes2.24%
- U.S. Treasury Notes1.40%
- U.S. Treasury Notes1.35%
- U.S. Treasury Notes1.31%
- U.S. Treasury Notes1.29%
- U.S. Treasury Notes1.29%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| SHV | +0.3% | +2.1% | +3.8% | +4.6% | +3.5% | +2.3% | 3.74% |
| VGSH | +0.4% | +1.0% | +2.9% | +4.3% | +1.9% | +1.8% | 3.82% |
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 SHV vs VGSH →
Shared Holdings(2)
| U.S. Treasury Notes | 0.97% | 1.26% | 0.97% |
|---|---|---|---|
| U.S. Treasury Notes | 0.95% | 1.20% | 0.95% |
Frequently Asked Questions
How much do SHV and VGSH overlap?
SHV and VGSH overlap by 1.9% of portfolio weight. They share 2 holdings (SHV holds 13 positions and VGSH holds 91), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SHV and VGSH?
The two portfolios are 1.9% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of SHV and VGSH?
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 SHV own that VGSH doesn't?
11 positions (12.2% of SHV) are unique to SHV, led by U.S. Treasury Notes, U.S. Treasury Notes and U.S. Treasury Notes. In the other direction, 89 positions (96.6% of VGSH) are unique to VGSH.