ETF Versus

IEF vs SHY

iShares 7-10 Year Treasury Bond ETF vs iShares 1-3 Year Treasury Bond ETF

Last updated: 2026-04-10

IEF iShares

iShares 7-10 Year Treasury Bond ETF (IEF) is an exchange-traded fund issued by iShares that provides exposure to intermediate-term U.S. Treasury bonds. It charges a low expense ratio of 0.15%. The fund offers an attractive dividend yield of 3.84%. Launched in 2002, the fund has a 24-year track record.

AUM: $49.6B ER: 0.15% Yield: 3.84% Since: Jul 22, 2002
SHY iShares

iShares 1-3 Year Treasury Bond ETF (SHY) is an exchange-traded fund issued by iShares that provides exposure to short-duration U.S. Treasury bonds with low interest rate risk. It charges a low expense ratio of 0.15%. The fund offers an attractive dividend yield of 3.72%. Launched in 2002, the fund has a 24-year track record.

AUM: $25.3B ER: 0.15% Yield: 3.72% Since: Jul 22, 2002

Quick Verdict

IEF has edged ahead over the past year (1.4% vs -0.2%).

Key Metrics

Metric IEF SHY
Expense Ratio 0.15% 0.15%
Dividend Yield 3.8% 3.7%
Fund Family iShares iShares
Category US Intermediate Treasury US Short-Term Treasury

Performance Chart

Indexed to 100 at start (5-year comparison)

75 81 87 93 99 105 2021-04 2022-07 2023-10 2025-01 2026-04
IEF -16.0%
SHY -4.4%

Performance Comparison

Period IEF SHY Difference
1 Month -0.70% -0.26% -0.44%
3 Months -0.89% -0.49% -0.40%
6 Months -1.69% -0.80% -0.89%
YTD -0.79% -0.52% -0.27%
1 Year +1.37% -0.19% +1.56%
3 Years -4.15% +0.46% -4.61%
5 Years -16.04% -4.40% -11.64%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period IEF Fees SHY Fees You Save
$10,000 10 years $298 $298 $0
$10,000 20 years $1,278 $1,278 $0
$10,000 30 years $4,109 $4,109 $0
$50,000 10 years $1,490 $1,490 $0
$50,000 30 years $20,547 $20,547 $0
$100,000 30 years $41,094 $41,094 $0

Risk Metrics

Based on 5 years of daily returns

Metric IEF SHY
Annualized Volatility 7.7% 2.1%
Max Drawdown -24.7% -6.7%
Sharpe Ratio -1.00 -2.53

Dividend Comparison

Metric IEF SHY
Annual Dividend (per share) $3.66 $3.07
Dividend Yield 3.84% 3.72%
Distribution Frequency Monthly Monthly

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