iShares 1-3 Year Treasury Bond ETF

Frequently Asked Questions About SHY

What does SHY invest in?

The iShares 1-3 Year Treasury Bond ETF aims to track the investment performance of an index comprised of U.S. Treasury bonds, specifically those with one to three years left until their maturity date.

What is the expense ratio of SHY?

iShares 1-3 Year Treasury Bond ETF (SHY) charges an expense ratio of 0.15%. This is the annual fee deducted from fund assets to cover management and operations.

What is SHY's dividend yield?

SHY's trailing-twelve-month yield is 3.66%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of SHY?

Effective duration measures SHY's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. SHY's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of SHY?

SHY's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of SHY?

Yield to maturity (YTM) is the total return you'd earn from SHY if every bond in the portfolio is held to maturity at the current price. SHY's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.