RAVI vs SHV
Northern Trust Ultra-Short Fixed Income ETF compared with iShares 0–1 Year Treasury Bond ETF on yield, payout growth, payment schedule, cost and risk.
RAVI
Northern Trust Ultra-Short Fixed Income ETF
TTM yield · Monthly
SHV
iShares 0–1 Year Treasury Bond ETF
TTM yield · Monthly
Quick take
- RAVI yields more today: 4.22% vs 3.63% (forward).
- Both pay every month.
- Over the last year RAVI delivered the higher total return: +3.6% vs +3.5% (price change plus payouts).
- SHV is cheaper to own: 0.15% vs 0.25% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | RAVI | SHV |
|---|---|---|
| Share price | $75.18 | $110.33 |
| TTM yield | 4.22% | 3.63% |
| Forward yield | 4.22% | 3.63% |
| Annual payout per share | $3.175 | $4.005 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 31, 2026 (est.) | Oct 31, 2026 (est.) |
| Expense ratio | 0.25% | 0.15% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | — |
| Payout consistency (last 12) | 95/100 | 94/100 |
| 1-year total return | +3.6% | +3.5% |
| 1-year price return | -0.6% | -0.1% |
| Size (market cap / AUM) | 1.6B | 22.8B |
| Years paying | 13.9 | 19.7 |
| Sector / category | Ultrashort Bond | Ultrashort Bond |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| RAVI | SHV | |
|---|---|---|
| Shares | 133.0 | 90.6 |
| Income per year | $422 | $363 |
| Income per month (avg) | $35 | $30 |
At forward yields, before taxes. Model RAVI · Model SHV
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| RAVI Oct 31, 2026 | Nov 14, 2026 | $0.2646 | Est. |
| RAVI Nov 30, 2026 | Dec 14, 2026 | $0.2646 | Est. |
| RAVI Dec 30, 2026 | Jan 13, 2027 | $0.2646 | Est. |
| SHV Oct 31, 2026 | Nov 14, 2026 | $0.3337 | Est. |
| SHV Nov 30, 2026 | Dec 14, 2026 | $0.3337 | Est. |
| SHV Dec 30, 2026 | Jan 13, 2027 | $0.3337 | Est. |
Annual payouts per share
RAVISHV
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, RAVI or SHV?
RAVI currently has the higher trailing yield: RAVI yields 4.22% and SHV yields 3.63%. Yield changes daily with price, so check the live figures above.
How often do RAVI and SHV pay?
RAVI pays every month and SHV pays every month. RAVI's next ex-date is Oct 31, 2026 and SHV's is Oct 31, 2026.
Is RAVI or SHV better for income?
It depends on what you are optimising for. RAVI and SHV differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.