SGOV vs TFLO: Yield, Cost and Returns Compared
As of Nov 5, 2026, TFLO yields more: 3.72% (current yield) against 3.64% for SGOV. SGOV is cheaper to own at 0.09% a year vs 0.15%. Over the same 6 years (May 2020 to Oct 2026), TFLO returned 3.1% a year with distributions reinvested, and SGOV 3.0%.
SGOViShares 0-3 Month Treasury Bond ETF3.64%current yield| Compared | SGOV | TFLO |
|---|---|---|
| YieldCurrent yield | 3.64% | 3.72% |
| Expense ratio | 0.09% | 0.15% |
| Total return, 1 yr | +3.7% | +4.0% |
| Total return, 3 yr (a year) | +4.5% | +4.6% |
| Total return, 5 yr (a year) | +3.8% | +4.0% |
| Total return, 10 yr (a year) | — | +2.5% |
| Worst drop since May 2020 | -0.0% | -0.0% |
| Share price since May 2020 | +1% | +1% |
| Pays | Monthly | Monthly |
| Issuer | iShares | iShares |
| Assets | $116.8B | $7.3B |
| Started | 2020 | 2014 |
| Type | Treasury ETF | Treasury ETF |
Higher yield
TFLO
3.72%
Lower cost
SGOV
0.09%
Better total return
TFLO
3.1%/yr
Smaller worst drop
SGOV
-0.0%
Key facts: SGOV vs TFLO
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, SGOV yields 3.64% (current yield) and TFLO yields 3.72% (current yield).
- SGOV's expense ratio is 0.09% and TFLO's is 0.15%: $9 vs $15 a year on $10,000.
- From May 2020 to Oct 2026, $10,000 in SGOV grew to $12,088 (3.0% a year) and $10,000 in TFLO to $12,158 (3.1% a year), distributions reinvested.
- Their worst month-end drops over that time: -0.0% for SGOV and -0.0% for TFLO.
Cite this page
SmarterDividends, "SGOV vs TFLO: Yield, Cost and Returns Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/sgov-vs-tflo
$10,000 in each, May 2020 to Oct 2026
Distributions reinvested, month-end values.
SGOV became
$12,088
3.0% a year
TFLO became
$12,158
3.1% a year
Year by year
| Year | SGOV | TFLO |
|---|---|---|
| 2025 | +4.2% | +4.2% |
| 2024 | +5.3% | +5.3% |
| 2023 | +5.1% | +5.1% |
| 2022 | +1.6% | +2.0% |
| 2021 | +0.0% | +0.0% |
Total return each calendar year, distributions reinvested.
What each holds and how it's taxed
- SGOV · Treasury ETF
- Holds U.S. Treasury securities, so its income is generally exempt from state and local income tax (federal tax still applies).
- TFLO · Treasury ETF
- Holds U.S. Treasury securities, so its income is generally exempt from state and local income tax (federal tax still applies).
General information, not tax advice. Every cash fund by yield →
Top holdings
No overlap in the top ten.
SGOV
- Holdings not reported.
TFLO
- XTSLA BlackRock Cash Funds Treasury SL Agency0.1%
SGOV vs TFLO: questions
Is SGOV or TFLO better?
It depends on the job. TFLO pays more today (3.72% vs 3.64%), SGOV costs less, and TFLO has the better total return over May 2020 to Oct 2026, with SGOV holding up better in its worst stretch. For cash you may need soon, yield after tax and how easily you can get the money out matter more than past returns.
Which pays a higher dividend, SGOV or TFLO?
TFLO, at 3.72% against 3.64% for SGOV as of Nov 5, 2026. On $10,000 that's about $372 vs $364 a year at today's rates.
Which has the better total return?
TFLO. From May 2020 to Oct 2026, it returned 3.1% a year with distributions reinvested, against 3.0% for SGOV. $10,000 became $12,158 vs $12,088.
Which is cheaper, SGOV or TFLO?
SGOV, with a 0.09% expense ratio against 0.15%.
How are SGOV and TFLO taxed?
SGOV: Holds U.S. Treasury securities, so its income is generally exempt from state and local income tax (federal tax still applies). TFLO: Holds U.S. Treasury securities, so its income is generally exempt from state and local income tax (federal tax still applies). General information, not tax advice.
Related comparisons
Yields, costs and holdings as each fund reports them (via Yahoo Finance), updated daily; returns from month-end prices with distributions reinvested. TFLO leads on 4 of 6 measures above. For information only, not investment advice. Last fund data: Nov 5, 2026.