How many short government ETFs are there?

MetaCap tracks 18 US-listed short government ETFs with about $96.3B in combined assets.

What is the largest short government ETF?

Vanguard Short-Term Treasury ETF (VGSH) is the largest, with about $39.5B in assets under management.

Which Short Government ETF has the lowest expense ratio?

Among the funds shown, Vanguard Short-Term Treasury ETF (VGSH) has the lowest expense ratio at 0.03% per year, or $3 a year on a $10,000 investment.

What does AUM mean for an ETF?

Assets under management (AUM) is the total market value of everything the fund holds. Larger ETFs tend to have tighter bid-ask spreads and more trading volume, but size alone does not make a fund a better investment.

Short Government ETFs

18 short government ETFs ranked by assets under management. Updated October 10, 2026.

Total assets

$96.3B

MetaCap lists 18 US-listed ETFs in the Short Government category, holding a combined $96.3B in assets. The largest by assets are VGSH ($39.5B), SHY ($26.3B) and SCHO ($15.3B). Expense ratios range from 0.03% to 0.66% (median 0.09%); VGSH is the lowest-cost fund shown at 0.03% a year. On the latest trading day, 4 of 18 funds were higher, with an average move of -0.01%.

Summary generated from market data by MetaCap's automated system. Methodology

Largest short government ETFs by assets

Short Government ETFs by assets under management
#	Symbol	Fund Name	Price	% Change	AUM	Expense Ratio
1	VGSH	Vanguard Short-Term Treasury ETF	57.57	0.00%	$39.49B	0.03%
2	SHY	iShares 1-3 Year Treasury Bond ETF	81.20	0.00%	$26.28B	0.15%
3	SCHO	Schwab Short-Term U.S. Treasury ETF	23.86	-0.04%	$15.28B	0.03%
4	SPTS	State Street SPDR Portfolio Short Term Treasury ETF	28.67	0.00%	$7.19B	0.03%
5	LMBS	First Trust Low Duration Opportunities ETF	48.68	+0.06%	$6.43B	0.66%
6	UTWO	US Treasury 2 Year Note ETF	47.49	-0.01%	$503.16M	0.15%
7	FTSD	Franklin Short Duration U.S. Government ETF	88.80	0.00%	$329.03M	0.25%
8	XTWO	BondBloxx Bloomberg Two Year Target Duration US Treasury ETF	48.33	-0.02%	$275.02M	0.05%
9	LDRT	iShares iBonds 1-5 Year Treasury Ladder ETF	24.58	-0.04%	$237.01M	0.07%
10	TRSY	Xtrackers US 0-1 Year Treasury ETF	30.15	+0.02%	$100.84M	0.06%
11	THTA	SoFi Enhanced Yield ETF	15.79	+0.13%	$61.62M	0.65%
12	BBSB	JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF	97.14	-0.02%	$54.67M	0.04%
13	USSH	WisdomTree 1-3 Year Laddered Treasury Fund	49.80	-0.04%	$22.34M	0.15%
14	FPAS	FPA Short Duration Government ETF	23.90	-0.06%	$13.69M	0.10%
15	CBIL	Corgi 3-12 Month T-Bill ETF	24.83	-0.06%	$10.66M	0.05%
16	UTRE	US Treasury 3 Year Note ETF	48.14	-0.09%	$10.56M	0.15%
17	CUST	Corgi 1-3 Year Treasury Bond ETF	24.81	-0.04%	$8.66M	0.05%
18	HBIL	Harbor Short Term Treasury ETF	20.04	+0.05%	$5.52M	0.10%

Frequently asked questions

How many short government ETFs are there?: MetaCap tracks 18 US-listed short government ETFs with about $96.3B in combined assets.
What is the largest short government ETF?: Vanguard Short-Term Treasury ETF (VGSH) is the largest, with about $39.5B in assets under management.
Which Short Government ETF has the lowest expense ratio?: Among the funds shown, Vanguard Short-Term Treasury ETF (VGSH) has the lowest expense ratio at 0.03% per year, or $3 a year on a $10,000 investment.
What does AUM mean for an ETF?: Assets under management (AUM) is the total market value of everything the fund holds. Larger ETFs tend to have tighter bid-ask spreads and more trading volume, but size alone does not make a fund a better investment.

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Prices as of Oct 10, 11:20 PM EDT. Market data is delayed at least 15 minutes and provided for informational purposes only. Not investment advice. Full disclaimer