SHV vs VBIL: Yield, Cost and Returns Compared
As of Nov 5, 2026, SHV yields more: 3.63% (current yield) against 3.50% for VBIL. VBIL is cheaper to own at 0.06% a year vs 0.15%. Over the same months (Feb 2025 to Oct 2026), VBIL returned 4.0% a year with distributions reinvested, and SHV 3.9%.
SHViShares 0–1 Year Treasury Bond ETF3.63%current yield| Compared | SHV | VBIL |
|---|---|---|
| YieldCurrent yield | 3.63% | 3.50% |
| Expense ratio | 0.15% | 0.06% |
| Total return, 1 yr | +3.6% | +3.8% |
| Total return, 3 yr (a year) | +4.4% | — |
| Total return, 5 yr (a year) | +3.6% | — |
| Total return, 10 yr (a year) | +2.4% | — |
| Worst drop since Feb 2025 | 0.0% | 0.0% |
| Share price since Feb 2025 | −0% | +1% |
| Pays | Monthly | Monthly |
| Issuer | iShares | Vanguard |
| Assets | $21.4B | $14.3B |
| Started | 2007 | 2025 |
| Type | Treasury ETF | Treasury ETF |
Higher yield
SHV
3.63%
Lower cost
VBIL
0.06%
Better total return
VBIL
4.0%/yr
Smaller worst drop
SHV
0.0%
Key facts: SHV vs VBIL
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, SHV yields 3.63% (current yield) and VBIL yields 3.50% (current yield).
- SHV's expense ratio is 0.15% and VBIL's is 0.06%: $15 vs $6 a year on $10,000.
- From Feb 2025 to Oct 2026, $10,000 in SHV grew to $10,657 (3.9% a year) and $10,000 in VBIL to $10,668 (4.0% a year), distributions reinvested.
- Their worst month-end drops over that time: 0.0% for SHV and 0.0% for VBIL.
Cite this page
SmarterDividends, "SHV vs VBIL: Yield, Cost and Returns Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/shv-vs-vbil
$10,000 in each, Feb 2025 to Oct 2026
Distributions reinvested, month-end values.
SHV became
$10,657
3.9% a year
VBIL became
$10,668
4.0% a year
What each holds and how it's taxed
- SHV · Treasury ETF
- Holds U.S. Treasury securities, so its income is generally exempt from state and local income tax (federal tax still applies).
- VBIL · 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 →
SHV vs VBIL: questions
Is SHV or VBIL better?
It depends on the job. SHV pays more today (3.63% vs 3.50%), VBIL costs less, and VBIL has the better total return over Feb 2025 to Oct 2026, with SHV 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, SHV or VBIL?
SHV, at 3.63% against 3.50% for VBIL as of Nov 5, 2026. On $10,000 that's about $363 vs $350 a year at today's rates.
Which has the better total return?
VBIL. From Feb 2025 to Oct 2026, it returned 4.0% a year with distributions reinvested, against 3.9% for SHV. $10,000 became $10,668 vs $10,657.
Which is cheaper, SHV or VBIL?
VBIL, with a 0.06% expense ratio against 0.15%.
How are SHV and VBIL taxed?
SHV: Holds U.S. Treasury securities, so its income is generally exempt from state and local income tax (federal tax still applies). VBIL: 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. VBIL leads on 2 of 3 measures above. For information only, not investment advice. Last fund data: Nov 5, 2026.