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TUA vs SHV

Simplify Short Term Treasury Futures Strategy ETF vs iShares 0–1 Year Treasury Bond ETF

TUA

Simplify Short Term Treasury Futures Strategy ETF

Simplify Asset Management

Annual cost

0.25%

Fund size

$802M

SHV

iShares 0–1 Year Treasury Bond ETF

iShares

Annual cost

0.15%

Fund size

$20.6B

Key differences

  • SHV costs 0.10% less per year.
  • SHV is significantly larger than TUA — larger funds tend to be more liquid and less likely to close.
  • TUA is classified as alternative, while SHV is fixed income — different risk/return profiles.
  • TUA follows a active selection strategy; SHV uses index tracking.
  • Over the last 3 years, SHV has delivered higher annualized returns.
  • SHV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

TUASHV
Annual cost (TER)0.25%0.15%
Fund size (AUM)$802M$20.6B
Since20222007
Dividend yield3.63%3.92%
Asset classalternativefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y-1.8%+4.0%
CAGR 3Y-2.2%+4.7%
CAGR 5YN/A+3.3%
Sharpe 3Y-0.584.33
Volatility 1Y6.85%0.21%
Max drawdown-15.85%-0.45%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to TUA and SHV