SGOV ETF — iShares 0-3 Month Treasury Bond ETF

iShares 0-3 Month Treasury Bond ETF (SGOV)

Updated October 2, 2026.

SGOV is a low-cost ETF that tracks the ICE 0-3 Month US Treasury Securities Index. its distribution rate is 3.60%, its trailing-12-month yield is 3.65%, its expense ratio is 0.09%. Dividend Vision Distribution Safety Score™ is 79/100 (Generally safe). Total return is 20.5% over the past 6.3 years, 157.3 points behind SPY at 177.8%.

At the current 3.60% distribution rate, a $10,000 investment would generate approximately $360 per year, or $30.00 per month.

This ETF tracks an index of U.S. Treasury securities with remaining maturities of three months or less, holding at least 90% of its assets in Treasury obligations. It offers a current distribution rate in the mid-range with monthly distributions and carries a very low expense ratio of 0.09%. The fund appeals to conservative income investors and those seeking a short-duration fixed-income position with minimal credit risk.

SGOV performance versus SPY

Price and return data through 2026-10-02.

Total return is 20.5% over the past 6.3 years, 157.3 points behind SPY at 177.8%. Over the past year its total return — price change plus distributions reinvested — is 3.8%.

SGOV key facts

Distribution Safety Score™

79 · Generally safe

Safety-Adjusted Yield

2.84%

Issuer

iShares

Asset type

ETF

Asset class

Fixed Income

Inception date

05/26/2020

Expense ratio

0.09%

Distribution rate

3.60%

Distribution frequency

Monthly

Trailing yield

3.65%

Last close

$100.44 (as of 2026-10-02)

AUM

$111,780,125,957

Average volume

25338000.0

Next dividend

$0.301

Last ex-dividend date

10/01/2026

Next payment date

10/06/2026 (as of 2026-10-06)

Beta

-0.0029

How Dividend Vision calculates yield and returns

Distribution rate (3.60%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (3.65%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: iShares or company page; Fact sheet; Index: ICE 0-3 Month US Treasury Securities Index; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

SGOV risks and drawbacks

SGOV's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Total return has trailed SPY over the available window.

Who may consider SGOV — and who may not

SGOV may suit someone looking for low-cost broad dividend exposure, moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Compare SGOV

SGOV vs similar funds:

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• SGOV vs BND
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• SGOV vs BIL

Frequently asked questions

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