ETF Versus

SGOV vs VEA

iShares 0-3 Month Treasury Bond ETF vs Vanguard FTSE Developed Markets Index Fund ETF Shares

Last updated: 2026-04-02

iShares 0-3 Month Treasury Bond ETF (SGOV) is an exchange-traded fund that provides exposure to short-duration U.S. Treasury bonds with low interest rate risk. It charges a low expense ratio of 0.09%. The fund offers a high dividend yield of 4.01%. Launched in 2020, the fund has a 6-year track record.

AUM: $83.3B ER: 0.09% Yield: 4.01% Since: May 26, 2020
VEA Vanguard

Vanguard FTSE Developed Markets Index Fund ETF Shares (VEA) is an exchange-traded fund issued by Vanguard that provides exposure to equities in developed international markets outside the U.S.. It charges a very low expense ratio of 0.03%. The fund offers an attractive dividend yield of 2.88%. Launched in 2007, the fund has a 19-year track record.

AUM: $198.8B ER: 0.03% Yield: 2.88% Since: Jul 20, 2007

Quick Verdict

VEA has a slightly lower expense ratio (0.03% vs 0.09%), saving about $119 per $10,000 over 10 years. Over the past year, VEA has significantly outperformed with a 27.7% return vs 0.0%. Income investors may prefer SGOV for its higher yield (4.0% vs 2.9%).

Key Metrics

Metric SGOV VEA
Expense Ratio 0.09% 0.03%
Dividend Yield 4.0% 2.9%
Fund Family N/A Vanguard
Category US Short-Term Treasury International Developed

Performance Chart

Indexed to 100 at start (5-year comparison)

70 84 98 112 126 140 2021-04 2022-06 2023-09 2024-12 2026-04
SGOV +0.4%
VEA +29.0%

Performance Comparison

Period SGOV VEA Difference
1 Month +0.01% -5.61% +5.62%
3 Months -0.02% +3.07% -3.09%
6 Months -0.03% +6.68% -6.71%
YTD -0.02% +3.07% -3.09%
1 Year +0.04% +27.70% -27.66%
3 Years +0.16% +43.04% -42.88%
5 Years +0.37% +28.99% -28.62%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period SGOV Fees VEA Fees You Save
$10.000 10 years $179 $60 $119
$10.000 20 years $771 $258 $512
$10.000 30 years $2.486 $835 $1.650
$50.000 10 years $896 $299 $597
$50.000 30 years $12.428 $4.176 $8.252
$100.000 30 years $24.855 $8.352 $16.503

Risk Metrics

Based on 5 years of daily returns

Metric SGOV VEA
Annualized Volatility 1.1% 16.4%
Max Drawdown -0.7% -32.3%
Sharpe Ratio -4.13 0.12

Dividend Comparison

Metric SGOV VEA
Annual Dividend (per share) $4.02 $1.88
Dividend Yield 4.00% 2.88%
Distribution Frequency Monthly Quarterly

Top Holdings

VEA Top Holdings

NameWeight
Samsung Electronics Co., Ltd.!krx/0059302.18%
ASML Holding N.V.!ams/ASML1.77%
SK hynix Inc.!krx/0006601.24%
Roche Holding AGROC1.L1.03%
Novartis AG!swx/NOVN1.00%
HSBC Holdings plc!lon/HSBA0.99%
AstraZeneca PLC!lon/AZN0.98%
Nestlé S.A.!swx/NESN0.86%
Toyota Motor Corporation!tyo/72030.80%

Which One Should You Choose?

Choose VEA if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Choose VEA if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

Choose SGOV if...

you prioritize dividend income and want higher regular distributions from your portfolio.

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