IShares Short Treasury Bond ETF SHV may be effective as a short-term cash alternative, but it is unlikely to offer attractive risk-adjusted performance relative to peers given its extremely conservative portfolio. Reflecting its limitations, the strategy earns a Morningstar Analyst Rating of Neutral.
Will SHV outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SHV’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the SHV management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of SHV’s parent organization’s priorities and whether they’re in line with investors’ interests.