iShares Short Treasury Bond ETF (SHV)
Bonds · T-Bills · data since 2007-01-11 · last close 2026-10-02
iShares Short Treasury Bond ETF (SHV) monthly returns (%)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | -0.0 | -0.0 | 0.0 | · | · |
| 2025 | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 | 0.3 | 0.3 | 0.3 | 0.4 |
| 2024 | 0.4 | 0.4 | 0.4 | 0.4 | 0.5 | 0.4 | 0.5 | 0.5 | 0.5 | 0.4 | 0.4 | 0.4 |
| 2023 | 0.3 | 0.3 | 0.5 | 0.3 | 0.3 | 0.5 | 0.4 | 0.5 | 0.4 | 0.5 | 0.5 | 0.5 |
| 2022 | -0.1 | -0.0 | -0.0 | -0.0 | 0.1 | -0.1 | 0.1 | 0.1 | 0.0 | 0.2 | 0.3 | 0.4 |
| 2021 | -0.0 | 0.0 | -0.0 | 0.0 | 0.0 | -0.0 | 0.0 | -0.0 | 0.0 | -0.0 | -0.1 | 0.0 |
| 2020 | 0.1 | 0.2 | 0.4 | 0.0 | -0.0 | 0.0 | 0.0 | 0.0 | -0.0 | 0.0 | -0.0 | 0.0 |
| 2019 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 0.3 | 0.1 | 0.2 |
| 2018 | 0.1 | 0.0 | 0.2 | 0.1 | 0.2 | 0.1 | 0.1 | 0.2 | 0.1 | 0.2 | 0.2 | 0.2 |
| 2017 | 0.1 | 0.1 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 |
| 2016 | 0.1 | 0.0 | 0.0 | 0.1 | -0.0 | 0.1 | 0.0 | 0.0 | 0.1 | 0.0 | -0.1 | 0.1 |
| 2015 | 0.0 | 0.0 | -0.0 | 0.0 | 0.0 | 0.0 | -0.0 | 0.0 | 0.0 | -0.0 | -0.0 | -0.0 |
| 2014 | -0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -0.0 | 0.0 | -0.0 | 0.0 | -0.0 | -0.0 |
| 2013 | -0.0 | -0.0 | 0.0 | 0.0 | -0.0 | -0.0 | 0.0 | 0.0 | 0.0 | -0.0 | 0.0 | 0.0 |
| 2012 | -0.0 | -0.0 | -0.0 | 0.0 | 0.0 | -0.0 | 0.0 | 0.0 | -0.0 | -0.0 | 0.0 | 0.0 |
| 2011 | -0.0 | 0.0 | 0.0 | 0.1 | -0.0 | 0.0 | -0.1 | 0.0 | 0.0 | -0.0 | -0.0 | 0.0 |
| 2010 | 0.0 | 0.0 | -0.0 | -0.0 | 0.0 | 0.0 | -0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| 2009 | -0.1 | -0.1 | 0.1 | 0.1 | -0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | -0.0 |
| 2008 | 0.7 | 0.2 | 0.3 | 0.1 | 0.0 | 0.2 | 0.2 | 0.1 | 0.3 | 0.2 | 0.3 | 0.1 |
| 2007 | 0.3 | 0.4 | 0.4 | 0.4 | 0.5 | 0.4 | 0.4 | 0.7 | 0.3 | 0.4 | 0.6 | 0.2 |
| Avg | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Median | 0.1 | 0.0 | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 |
October so far: +0.0% against an average of +0.1% and a median of +0.0% across 19 completed Octobers, 13 of them positive.
Values in %. Current and first-listed months are partial (greyed) and are left out of the Avg and Median rows.
returnsview.com
SHV seasonality — average by calendar month
iShares Short Treasury Bond ETF has monthly history back to 2007. Its strongest month by median is December — positive in 16 of 19 years, median +0.1%, and higher in 9 of the last 9. Across its full record it has closed 69% of months higher, swings ±0.2% in an average month and has fallen 0.5% peak to trough.
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Avg | +0.1% | +0.1% | +0.2% | +0.1% | +0.1% | +0.1% | +0.1% | +0.1% | +0.1% | +0.1% | +0.1% | +0.1% |
| Win rate | 65%/20 | 75%/20 | 75%/20 | 70%/20 | 60%/20 | 75%/20 | 60%/20 | 75%/20 | 70%/20 | 68%/19 | 58%/19 | 84%/19 |
Win rate = share of positive months / sample size.
SHV risk & extremes
SHV drawdown & rolling returns
Percent below the all-time high at each month-end — how far underwater the asset was.
Related stocks
Frequently asked questions
What was iShares Short Treasury Bond ETF's best month?+
iShares Short Treasury Bond ETF's strongest completed month on record is January 2008, at +0.70%.
What was iShares Short Treasury Bond ETF's worst month?+
Its weakest completed month on record is January 2022, at -0.08%.
Is iShares Short Treasury Bond ETF up this year?+
iShares Short Treasury Bond ETF is up 2.02% year to date, measured from its last close before 1 January.
What is iShares Short Treasury Bond ETF's 1-year return?+
+3.02% over the past twelve months, comparing the latest close with the most recent close on or before the same date a year earlier.
What is iShares Short Treasury Bond ETF's biggest drawdown?+
The deepest peak-to-trough fall on record is 0.5%, measured on month-end closes since 2007.
Which calendar month is historically best for iShares Short Treasury Bond ETF?+
March has the highest average return across every completed March since 2007. An average is not a forecast.
About iShares Short Treasury Bond ETF
iShares Short Treasury Bond ETF is a t-bills business worth about $21 billion. Tracked here from its first session onward — every monthly, quarterly and weekly return on record since 2007, with no gaps filled in and nothing smoothed. Since 2007 it has ground out +36% overall — not every story is a rocket.
Did you know?
- Its best month on record was January 2008 at +0.7%; its worst, January 2022 at -0.08%.
- It has closed December in the green 16 out of 19 times — calendar astrology, but the fun kind.
Trivia for entertainment — the numbers come from our price data; the jokes don't.