SGOV expense ratio

What SGOV’s annual fee is, how it is deducted, and what it costs in dollars.

By the SGOVResource.com editorial team Last reviewed Oct 24, 2026 Data refreshed Oct 24, 2026 How we calculate Editorial policy

Expense ratio 0.09% Per prospectus

Cost per $10,000 $9.00 per year

Cost per $100,000 $90 per year

Source: iShares SGOV product page (BlackRock) · Data as of Oct 23, 2026 · Retrieved Oct 24, 2026

Short answer: SGOV charges 0.09% a year. It is deducted inside the fund, so you never pay it directly; it reduces the yield you receive by that amount.

SGOV’s fee in dollars

Approximate annual SGOV fund expenses by balance at 0.09%
Balance	Annual cost	Monthly
$1,000	$0.90	$0.08
$10,000	$9.00	$0.75
$50,000	$45.00	$3.75
$100,000	$90.00	$7.50
$500,000	$450.00	$37.50

How SGOV’s fee compares

Expense ratios of SGOV and similar cash-like funds. Lower is cheaper.
Fund	Expense ratio	Source
VBIL Vanguard 0-3 Month Treasury Bill ETF	0.07%	Issuer
SGOV iShares 0-3 Month Treasury Bond ETF	0.09%	Issuer
BIL SPDR Bloomberg 1-3 Month T-Bill ETF	0.1353% (gross)	Issuer
USFR WisdomTree Floating Rate Treasury Fund	0.15%	Secondary — verify
SPAXX Fidelity Government Money Market Fund	0.42%	Secondary — verify

Peer fees checked Oct 24, 2026. Fees change; confirm on each issuer’s site.

A few hundredths of a percent matters less than the yield difference between funds, which also depends on what each fund holds. For example, a fund with a slightly higher fee but longer-dated bills may yield more when rates are falling. Compare yields net of fees, such as the 30-day SEC yield, rather than fees alone.

Frequently asked questions

What is SGOV’s expense ratio?

0.09% per year, as stated in the prospectus and shown on the iShares fund page. That is $9.00 a year on a $10,000 investment.

Do I pay SGOV’s expense ratio separately?

No. You never receive a bill. The fund deducts its expenses from the income it earns before paying distributions, so the cost shows up as a slightly lower yield. The 30-day SEC yield is already net of expenses.

Has SGOV’s expense ratio changed?

Older articles and data sites sometimes show a different SGOV expense ratio, for example because of temporary fee waivers or outdated data. Rely on the current prospectus or the iShares fund page. We refresh this figure automatically from the issuer.

Educational information only. SGOVResource.com is independent and not affiliated with BlackRock or iShares. Nothing here is a recommendation to buy or sell any security or individualized tax advice. Estimates depend on the assumptions shown and actual results will differ. Read the fund’s prospectus before investing. Disclaimer.