Exploring SGOV: A Treasury Bond ETF for Retirement Income

The iShares 0-3 Month Treasury Bond ETF (SGOV) has emerged as a popular "cash alternative" for retirees, offering Treasury Bill exposure with ETF convenience. With $64.7 billion in assets and a 0.09% expense ratio, SGOV generates approximately 3.85% annual yield, paid monthly. It serves as a modernized cash equivalent for investors wanting Treasury safety without managing individual T-Bills. The Fed's rate cuts to 3.5%-3.75% in December 2025 and projected further cuts in 2026 may lower SGOV's yield.