SGOV ETF — iShares 0-3 Month Treasury Bond ETF

iShares 0-3 Month Treasury Bond ETF (SGOV)

SGOV is a low-cost ETF that tracks the ICE 0-3 Month US Treasury Securities Index. As of September 4, 2026, its distribution rate is 3.67%, its trailing-12-month yield is 3.69%, its expense ratio is 0.09%. Dividend Vision Distribution Safety Score™ is 81/100 (Safe). Total return is 19.9% over the past 6.3 years, 157.4 points behind SPY at 177.3%.

At the current 3.67% distribution rate, a $10,000 investment would generate approximately $367 per year, or $30.58 per month on an equivalent basis.

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

Data as of September 4, 2026.

Total return is 19.9% over the past 6.3 years, 157.4 points behind SPY at 177.3%. Its deepest 1-year drawdown was 0.3%.

SGOV key facts

Data as of September 4, 2026.

Distribution Safety Score™

81 · Safe

Safety-Adjusted Yield

2.97%

Issuer

iShares

Asset type

ETF

Asset class

Fixed Income

Inception date

05/26/2020

Expense ratio

0.09%

Distribution rate

3.67%

Distribution frequency

Monthly

Trailing yield

3.69%

Last close

$100.47

NAV

$100.41

Premium / discount

0.06% premium

AUM

$107,194,495,756

Average volume

20441147.0

Next dividend

$0.307

Last ex-dividend date

09/01/2026

Next payment date

09/04/2026

Beta

-0.0029

How Dividend Vision calculates yield and returns

Distribution rate (3.67%) 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 (3.69%) 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. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. 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. Figures below use Dividend Vision data as of September 4, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of September 4, 2026.

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. The deepest 1-year drawdown on record here is 0.3%.

Who may consider SGOV — and who may not

SGOV may suit someone looking for low-cost broad dividend exposure, a high Distribution Safety Score, 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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Frequently asked questions

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