SHY correlations (iShares 1-3 Year Treasury Bond ETF)
Which assets move with SHY and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.
Data as of 2026-08-27 · refreshed every trading day · Bonds
Volatility (ann.)
1.6%
3y weekly
Beta vs S&P 500
0.00
3y weekly
1-year return
+2.5%
price, adjusted
5-year return
+9.6%
price, adjusted
Expense ratio
0.15%
annual
Assets
$25.1B
under management
Dividend yield
3.65%
trailing
Max drawdown
-1.0%
3y, daily closes
SHY over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with SHY
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| IEF | iShares 7-10 Year Treasury Bond ETF | 0.87 | |
| BND | Vanguard Total Bond Market ETF | 0.85 | |
| AGG | iShares Core US Aggregate Bond ETF | 0.85 | |
| TIP | iShares TIPS Bond ETF | 0.78 | |
| LQD | iShares iBoxx Investment Grade Corporate Bond ETF | 0.75 | |
| TLT | iShares 20+ Year Treasury Bond ETF | 0.72 | |
| BBN | BlackRock Taxable Municipal Bond Trust | 0.63 | |
| BKT | BlackRock Income Trust Inc. (The) | 0.59 | |
| BHK | Blackrock Core Bond Trust | 0.59 | |
| NBB | Nuveen Taxable Municipal Income Fund | 0.56 | |
| WIA | Western Asset Inflation-Linked Income Fund | 0.55 | |
| RKT | Rocket Companies, Inc. | 0.52 | |
| NAD | Nuveen Quality Municipal Income Fund | 0.52 | |
| JHS | John Hancock Income Securities Trust | 0.51 | |
| NZF | Nuveen Municipal Credit Income Fund | 0.51 |
Best diversifiers for SHY
If the goal is offsetting SHY, these tracked assets have historically moved the most on their own terms.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| LPLA | LPL Financial Holdings Inc. | -0.34 | |
| VNOM | Viper Energy, Inc. | -0.31 | |
| USO | United States Oil Fund | -0.31 | |
| IBKR | Interactive Brokers | -0.30 | |
| CVE | Cenovus Energy Inc | -0.30 | |
| OXY | Occidental Petroleum | -0.29 | |
| CHSN | Chanson International Holding - Class A | -0.29 | |
| GPRK | Geopark Ltd | -0.29 | |
| SU | Suncor Energy Inc. | -0.29 | |
| FANG | Diamondback Energy | -0.28 |
SHY vs benchmarks
SHY vs its peers
Get SHY data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/shy.jsonCorrelations, diversifiers, beta and volatility for SHY, plus one endpoint per pair. API documentation.
