SHY 📈 iShares 1-3 Year Treasury - Overview
Exchange: NASDAQ • Country: USA • Currency: USD • Type: Etf • ISIN: US4642874576 • Short Government
SHY: U.S. Treasury, Bonds, Securities
The iShares 1-3 Year Treasury Bond ETF, listed on NASDAQ under the ticker SHY, is designed to track the performance of U.S. Treasury securities with a remaining maturity between one and three years. To achieve this, the fund invests at least 80% of its assets in the component securities of its underlying index, which is specifically tailored to measure the performance of public obligations of the U.S. Treasury within this maturity range. Furthermore, the fund allocates at least 90% of its assets in U.S. Treasury securities that are believed to closely track the underlying index, ensuring a high level of correlation with the index's performance.
By focusing on U.S. Treasury securities with a relatively short maturity period, the iShares 1-3 Year Treasury Bond ETF provides investors with a low-risk investment option that can help manage interest rate risk. The underlying index includes a range of U.S. Treasury securities, such as Treasury notes and bonds, with maturities of one to three years, offering a diversified portfolio of high-quality, short-term government securities. The fund's investment strategy is designed to provide liquidity and preserve capital, making it an attractive option for investors seeking a low-risk, short-term investment solution.
In terms of its structure, the iShares 1-3 Year Treasury Bond ETF is an exchange-traded fund (ETF) listed in the United States, with the company's website available at http://www.ishares.com. The fund's domicile is the United States, and its ISIN is US4642874576. As a short government ETF, it falls under the category of fixed-income investments, providing investors with exposure to the U.S. Treasury market and the potential for regular income through interest payments. With its transparent and rules-based investment approach, the iShares 1-3 Year Treasury Bond ETF offers investors a straightforward way to gain access to the U.S. Treasury market and manage their fixed-income portfolios.
Additional Sources for SHY ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
SHY ETF Overview
Market Cap in USD | 22,665m |
Category | Short Government |
TER | 0.15% |
IPO / Inception | 2002-07-22 |
SHY ETF Ratings
Growth 5y | 21.7% |
Fundamental | - |
Dividend | 61.2% |
Rel. Strength Industry | 152 |
Analysts | - |
Fair Price Momentum | 77.60 USD |
Fair Price DCF | - |
SHY Dividends
Dividend Yield 12m | 3.58% |
Yield on Cost 5y | 3.80% |
Annual Growth 5y | 6.46% |
Payout Consistency | 84.2% |
SHY Growth Ratios
Growth Correlation 3m | 12.5% |
Growth Correlation 12m | 91.1% |
Growth Correlation 5y | -5.9% |
CAGR 5y | 1.20% |
CAGR/Mean DD 5y | 0.80 |
Sharpe Ratio 12m | -0.46 |
Alpha | -0.92 |
Beta | 0.01 |
Volatility | 1.30% |
Current Volume | 1758.1k |
Average Volume 20d | 3777.1k |
As of December 27, 2024, the stock is trading at USD 81.79 with a total of 1,758,100 shares traded.
Over the past week, the price has changed by +0.02%, over one month by +0.20%, over three months by -0.30% and over the past year by +3.84%.
Neither. Based on ValueRay Analyses, iShares 1-3 Year Treasury is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of 21.72 and therefor a technical neutral rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of SHY as of December 2024 is 77.60. This means that SHY is currently overvalued and has a potential downside of -5.12%.
iShares 1-3 Year Treasury has no consensus analysts rating.
According to ValueRays Forecast Model, SHY iShares 1-3 Year Treasury will be worth about 83.8 in December 2025. The stock is currently trading at 81.79. This means that the stock has a potential upside of +2.47%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 83.8 | 2.5% |