SHY vs UTRE
iShares 1-3 Year Treasury Bond ETF compared with F/m US Treasury 3 Year Note ETF on yield, payout growth, payment schedule, cost and risk.
SHY
iShares 1-3 Year Treasury Bond ETF
TTM yield · Monthly
UTRE
F/m US Treasury 3 Year Note ETF
TTM yield · Monthly
Quick take
- UTRE yields more today: 3.66% vs 3.62% (forward).
- Both pay every month.
- Over the last year SHY delivered the higher total return: +1.8% vs +0.8% (price change plus payouts).
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | SHY | UTRE |
|---|---|---|
| Share price | $81.50 | $48.46 |
| TTM yield | 3.62% | 3.66% |
| Forward yield | 3.62% | 3.66% |
| Annual payout per share | $2.947 | $1.773 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 31, 2026 (est.) | Oct 28, 2026 (est.) |
| Expense ratio | 0.15% | 0.15% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | — |
| Payout consistency (last 12) | 96/100 | 92/100 |
| 1-year total return | +1.8% | +0.8% |
| 1-year price return | -1.8% | -2.8% |
| Size (market cap / AUM) | 26.3B | 10.6M |
| Years paying | 24.1 | 3.5 |
| Sector / category | Short Government | Short Government |
✓ 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
| SHY | UTRE | |
|---|---|---|
| Shares | 122.7 | 206.4 |
| Income per year | $362 | $366 |
| Income per month (avg) | $30 | $30 |
At forward yields, before taxes. Model SHY · Model UTRE
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| SHY Oct 31, 2026 | Nov 3, 2026 | $0.2456 | Est. |
| SHY Nov 30, 2026 | Dec 3, 2026 | $0.2456 | Est. |
| SHY Dec 30, 2026 | Jan 2, 2027 | $0.2456 | Est. |
| UTRE Oct 28, 2026 | Oct 29, 2026 | $0.1477 | Est. |
| UTRE Nov 27, 2026 | Nov 28, 2026 | $0.1477 | Est. |
| UTRE Dec 27, 2026 | Dec 28, 2026 | $0.1477 | Est. |
Annual payouts per share
SHYUTRE
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, SHY or UTRE?
UTRE currently has the higher trailing yield: SHY yields 3.62% and UTRE yields 3.66%. Yield changes daily with price, so check the live figures above.
How often do SHY and UTRE pay?
SHY pays every month and UTRE pays every month. SHY's next ex-date is Oct 31, 2026 and UTRE's is Oct 28, 2026.
Is SHY or UTRE better for income?
It depends on what you are optimising for. SHY and UTRE 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.