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iShares 1-3 Year Treasury Bond ETF

SHY
$
Today’s Change
()

Snapshot
*

Inception Date
Jul 22, 2002
Expense Ratio
0.15%
Type
US Bonds
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$308,169,223
AUM
$25,786,555,679
Associated Index
ICE U.S. Treasury 1-3 Year Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

TREASURY NOTE
5.32%
TREASURY NOTE
4.91%
TREASURY NOTE
4.22%
TREASURY NOTE
3.66%
TREASURY NOTE
3.61%
TREASURY NOTE
3.24%
TREASURY NOTE
3.2%
TREASURY NOTE
3.11%
TREASURY NOTE
2.77%
TREASURY NOTE
2.73%

What is SHY?

The iShares 1-3 Year Treasury Bond ETF seeks to track the investment results of an index composed of U.S. Treasury bonds with remaining maturities between one and three years. The ICE U.S. Treasury 1-3 Year Bond Index is part of a series of indices intended to assess U.S. Treasury issued debt. Only U.S. dollar denominated, fixed rate securities with minimum term to maturity greater than one year and less than or equal to three years are included.

1M
3M
6M
YTD
1Y
3Y
Max

SHY
Performance Measures**

for the time period Jul 26, 2002 to Dec 4, 2025

Returns

1M Trailing Return: 0.4%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 0.9%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -5.7%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 1.5%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 1.28

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.34

The annualized return divided by the max drawdown for the selected time period.

ETFs related toSHY

ETFs correlated to SHY include VGSH, SCHO, TUA

SHY
BlackRock Institutional Trust Company N.A. - iShares 1-3 Year Treasury Bond ETF
VGSH
Vanguard Group, Inc. - Vanguard Short-Term Treasury ETF
SCHO
Schwab Strategic Trust - Schwab Short-Term U.S. Treasury ETF
TUA
Simplify Exchange Traded Funds - Simplify Short Term Treasury Futures Strategy ETF
UTWO
Rbb Fund Inc - US Treasury 2 Year Note ETF
SPTS
SSgA Active Trust - SPDR Portfolio Short Term Treasury ETF
IBTF
iShares Trust - iShares iBonds Dec 2025 Term Treasury ETF
IBTG
iShares Trust - iShares iBonds Dec 2026 Term Treasury ETF
BSV
Vanguard Group, Inc. - Vanguard Short-Term Bond ETF
IBTH
iShares Trust - iShares iBonds Dec 2027 Term Treasury ETF
IEI
BlackRock Institutional Trust Company N.A. - iShares 3-7 Year Treasury Bond ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toSHY

E$[NO K-1 50/50] ☢️ Mod of V1.11 The Manhattan Project | 50% TQQQ Minimal | 50% Beta Baller + TCCC

Category

Tactical allocation, trend-following, mean reversion, leveraged ETFs, volatility hedging, macro regime rotation, risk management

OOS Cumulative Return

918.99%

V0.1 | Minimal BB | Simple Beta Baller Signal

Category

Tactical, momentum+mean-reversion, volatility hedge, leveraged ETFs, semiconductors, technology, daily rebalance

OOS Cumulative Return

702.12%

Create your own algorithmic trading strategy with SHY using Composer

FAQ

SHY is a US Bonds ETF. The iShares 1-3 Year Treasury Bond ETF seeks to track the investment results of an index composed of U.S. Treasury bonds with remaining maturities between one and three years. The ICE U.S. Treasury 1-3 Year Bond Index is part of a series of indices intended to assess U.S. Treasury issued debt. Only U.S. dollar denominated, fixed rate securities with minimum term to maturity greater than one year and less than or equal to three years are included.

SHY tracks the ICE U.S. Treasury 1-3 Year Index.

No, SHY is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, SHY is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on SHY is 0.0012%. This is the percent change in the value of SHY over the most recent 1-month period. The 3-month return on SHY is 0.0026%. This is the percent change in the value of SHY over the most recent 3-month period.

The standard deviation of SHY for the past year is 0.0289%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to SHY include BIL, SPTL, and TLT.

ETFs correlated to SHY include VGSH, SCHO, and TUA.

ETFs that are inversely correlated to SHY include PST, TBX, and DBMF.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.