9 important things you should know about BlackRock SHY ETF
Updated: October 03, 2022
Pros
3-year return above the benchmark
5-year return above the benchmark
Low expense ratio
Cons
10-year return below the benchmark
15-year return below the benchmark
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Before we start: if you're looking for SHY “stock” price, you can quickly find it out by visiting Finny and typing "SHY quote". If you're looking for a quick scoop on SHY "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "SHY". You'll get all this info in one place.

Are you looking to buy or sell SHY? Or perhaps you're looking for SHY fact sheet, and learn about its alternatives? If so, you came to the right place.

In this SHY ETF review, we'll address key questions our readers have been asking us about this fund, above and beyond what you can find in its prospectus, and on Morningstar or Yahoo Finance.

Here is what you'll be able to find in this review:

  • Fact Sheet: SHY performance, returns, expense ratio, holdings and dividend yield;
  • Analysis: SHY buy or sell; the pros and cons of investing in SHY ETF;
  • Alternatives: other ETFs and mutual funds you should consider as alternatives to SHY.

And here is the list of questions we’ll answer:

  1. Describe iShares 1-3 Year Treasury Bond ETF (SHY).
  2. What is SHY underlying index?
  3. What are SHY holdings?
  4. What is SHY performance? What are SHY historical returns?
  5. What is SHY dividend yield?
  6. What is SHY Finny Score? SHY buy or sell?
  7. What are the pros of investing in SHY? What are SHY buy reasons?
  8. What are the cons of investing in SHY? What are SHY sell reasons?
  9. Compare and contrast: SHY vs VGSH.

So let’s start. Scroll down to the question that interests you the most.

Fact Sheet

1. Describe iShares 1-3 Year Treasury Bond ETF (SHY).

iShares Trust - iShares 1-3 Year Treasury Bond ETF is an exchange traded fund launched by BlackRock, Inc. The fund is managed by BlackRock Fund Advisors. It invests in the fixed income markets of the United States. The fund invests in U.S. dollar denominated fixed rate U.S. treasury securities that have a remaining maturity of greater than or equal to one year and less than three years. It seeks to track the performance of the ICE U.S. Treasury 1-3 Year Bond Index, by using representative sampling technique. iShares Trust - iShares 1-3 Year Treasury Bond ETF was formed on July 22, 2002 and is domiciled in the United States.

2. What is SHY underlying index?

ICE U.S. Treasury 1-3 Year Bond Index.

3. What are SHY top holdings?

SHY has 0 stock holdings and 67 bond holdings .

The top 7 holdings represent 29.59% of total assets. Here are the top holdings:

Name Symbol % Assets
United States Treasury Notes 0.38% N/A 7.17%
United States Treasury Notes 1.75% N/A 5.52%
United States Treasury Notes 1.63% N/A 5.45%
United States Treasury Notes 0.25% N/A 3.64%
United States Treasury Notes 1.88% N/A 2.69%
United States Treasury Notes 2.38% N/A 2.67%
United States Treasury Notes 0.13% N/A 2.45%

4. What is SHY performance? What are SHY historical returns?

SHY has generated the following returns:

  • 1-month return is 0.43%;
  • 3-month return is 0.18%;
  • 1-year return is -3.51%;
  • 3-year return is 0.13%;
  • 5-year return is 0.67%;
  • 10-year return is 0.64%;
  • 15-year return is 1.47%.

5. What is SHY dividend yield?

SHY yield is 2.87%.

Analysis

6. What is Finny Score? buy or sell?

Finny Score is 60. Our quantitative analysis shows 3 reasons to buy and 2 reasons to sell it, resulting in the Finny Score of 60.

7. What are the pros of investing in SHY? What are SHY buy reasons?

The following are SHY strengths from our perspective:

  • SHY 3-year return is 0.13%, which is higher than the 3-year return of the benchmark index (Bloomberg US Aggregate Bond TR USD), -1.07%.
  • SHY 5-year return is 0.67%, which is higher than the 5-year return of the benchmark index (Bloomberg US Aggregate Bond TR USD), 0.54%.
  • SHY expense ratio is 0.15%, which is considered low. Nice job picking a low-cost fund.

8. What are the cons of investing in SHY? What are SHY negatives?

The following are SHY weaknesses from our perspective:

  • SHY 10-year return is 0.64%, which is lower than the 10-year return of the benchmark index (Bloomberg US Aggregate Bond TR USD), 1.41%.
  • SHY 15-year return is 1.47%, which is lower than the 15-year return of the benchmark index (Bloomberg US Aggregate Bond TR USD), 3.22%.

Alternatives

9. Compare and contrast: SHY vs VGSH.

Both SHY and VGSH are ETFs.

SHY has a lower 5-year return than VGSH (0.67% vs 0.75%).

SHY has a higher expense ratio than VGSH (0.15% vs 0.04%).

SHY VGSH
Segment Fixed Income: U.S. Government Treasury Short-Term Fixed Income: U.S. Government Short-Term
Net Assets $25.51B $15.56B
Expense Ratio 0.15% 0.04%
Management Style passive (index-based) passive (index-based)
Underlying Index ICE U.S. Treasury 1-3 Year Bond Index Bloomberg Barclays U.S. 1-3 Year Government Float Adjusted Index
Dividend Yield 2.87% 2.96%

VGSH profile: Vanguard Scottsdale Funds - Vanguard Short-Term Treasury ETF is an exchange traded fund launched and managed by The Vanguard Group, Inc. The fund invests in the fixed income markets of the United States. It primarily invests in short-term fixed income securities issued by the U.S. Treasury with maturities between 1-3 years. The fund seeks to track the performance of the Bloomberg U.S. Treasury 1-3 Year Index, by using representative sampling technique. Vanguard Scottsdale Funds - Vanguard Short-Term Treasury ETF was formed on November 11, 2009 and is domiciled in the United States.

For further information, check out SHY vs VGSH comparison details.

In the SHY review, we covered SHY key stats (return, performance, yield, expense ratio, and holdings), buy and sell analysis, and alternative investments. If this review was helpful to you, feel free to check out other mutual fund and ETF reviews.