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 August 19, 2026, its distribution rate is 3.66%, its trailing-12-month yield is 3.74%, its expense ratio is 0.09%. Dividend Vision Distribution Safety Score™ is 73/100 (Generally safe). Fund total return is 20.0% over the past 6.2 years, 156.3 points behind SPY at 176.3%.

At the current 3.66% distribution rate, a $10,000 investment would generate approximately $366 per year, or $30.50 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 August 19, 2026.

Fund total return is 20.0% over the past 6.2 years, 156.3 points behind SPY at 176.3%.

SGOV key facts

Data as of August 19, 2026.

Distribution Safety Score™

73 · Generally safe

Safety-Adjusted Yield

2.67%

Issuer

iShares

Asset type

ETF

Asset class

Fixed Income

Inception date

05/26/2020

Expense ratio

0.09%

Distribution rate

3.66%

Distribution frequency

Monthly

Trailing yield

3.74%

Last close

$100.57

AUM

$102,867,101,055

Average volume

18499093.0

Last dividend

$0.3070

Ex-dividend date

08/03/2026

Payment date

08/06/2026

Beta

-0.0029

How Dividend Vision calculates yield and returns

Distribution rate (3.66%) 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 (3.74%) 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. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

Primary sources: iShares fund 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:

• SGOV vs VMFXX
• SGOV vs SWVXX
• SGOV vs BND
• SGOV vs SCHD
• SGOV vs BIL
• SGOV vs TLT

Frequently asked questions

More funds from iShares.