SPDR Barclays 1-3 Month T-Bill ETF (BIL)
SPDR Bloomberg Barclays 1-3 Month T-Bill ETF is a passive ETF managed by State Street Global Advisors. It aims to track the investment results of the Barclays Capital U.S. 1-3 Month Treasury Bill Index. Launched on May 25, 2007, BIL offers investors exposure to short-term U.S. government debt with a low expense ratio of 0.14%.
The ETF primarily invests in 1-3 month U.S. Treasury bills, providing investors with a secure, low-risk investment option for preserving capital and generating income. BIL might be suitable for conservative investors seeking stability and a short-term, liquid alternative to cash investments.
ETF Info
| ISIN | US78468R6633 |
|---|---|
| CUSIP | 78464A680 |
| Issuer | State Street |
| Inception Date | May 25, 2007 |
| Region | North America (U.S.) |
| Category | Government Bonds |
| Index Tracked | Barclays Capital U.S. 1-3 Month Treasury Bill Index |
| Home Page | www.ssga.com |
| Asset Class | Bond |
Expense Ratio
BIL has an expense ratio of 0.14%, which is considered low compared to other funds.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: BIL vs. SGOV, BIL vs. SHV, BIL vs. TFLO, BIL vs. SHY, BIL vs. SCHO, BIL vs. GBIL, BIL vs. SPTS, BIL vs. BSV, BIL vs. LTPZ, BIL vs. VOO
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in SPDR Barclays 1-3 Month T-Bill ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
SPDR Barclays 1-3 Month T-Bill ETF had a return of 2.97% year-to-date (YTD) and 5.36% in the last 12 months. Over the past 10 years, SPDR Barclays 1-3 Month T-Bill ETF had an annualized return of 1.39%, while the S&P 500 had an annualized return of 10.58%, indicating that SPDR Barclays 1-3 Month T-Bill ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 2.97% | 13.20% |
| 1 month | 0.43% | -1.28% |
| 6 months | 2.58% | 10.32% |
| 1 year | 5.36% | 18.23% |
| 5 years (annualized) | 2.06% | 12.31% |
| 10 years (annualized) | 1.39% | 10.58% |
Monthly Returns
The table below presents the monthly returns of BIL, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.43% | 0.44% | 0.41% | 0.43% | 0.46% | 0.40% | 2.97% | ||||||
| 2023 | 0.28% | 0.35% | 0.40% | 0.36% | 0.38% | 0.46% | 0.39% | 0.50% | 0.40% | 0.43% | 0.47% | 0.43% | 4.94% |
| 2022 | -0.00% | -0.02% | 0.05% | -0.01% | 0.03% | 0.08% | 0.04% | 0.19% | 0.21% | 0.16% | 0.31% | 0.36% | 1.40% |
| 2021 | 0.00% | -0.01% | -0.01% | 0.00% | -0.01% | -0.02% | -0.01% | -0.01% | 0.01% | -0.01% | -0.02% | 0.00% | -0.10% |
| 2020 | 0.12% | 0.12% | 0.20% | -0.02% | -0.02% | -0.00% | 0.01% | 0.00% | -0.02% | 0.01% | -0.01% | 0.00% | 0.40% |
| 2019 | 0.17% | 0.19% | 0.17% | 0.19% | 0.21% | 0.18% | 0.18% | 0.17% | 0.16% | 0.16% | 0.11% | 0.11% | 2.03% |
| 2018 | 0.13% | 0.08% | 0.13% | 0.10% | 0.15% | 0.15% | 0.14% | 0.16% | 0.14% | 0.17% | 0.19% | 0.18% | 1.74% |
| 2017 | 0.04% | 0.05% | -0.02% | 0.08% | 0.01% | 0.10% | 0.03% | 0.11% | 0.07% | 0.07% | 0.05% | 0.07% | 0.69% |
| 2016 | 0.02% | 0.00% | 0.00% | 0.04% | 0.00% | -0.02% | 0.04% | 0.00% | 0.02% | 0.02% | -0.04% | 0.02% | 0.11% |
| 2015 | -0.02% | 0.00% | -0.00% | -0.02% | -0.02% | 0.00% | 0.00% | 0.00% | -0.04% | -0.02% | 0.02% | -0.02% | -0.13% |
| 2014 | 0.00% | 0.02% | -0.02% | -0.00% | 0.00% | -0.02% | -0.02% | 0.02% | 0.00% | -0.02% | 0.00% | -0.02% | -0.07% |
| 2013 | 0.00% | 0.00% | 0.00% | -0.02% | 0.02% | -0.02% | -0.00% | 0.00% | -0.02% | -0.02% | -0.02% | -0.00% | -0.09% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of BIL is 100, placing it in the top 0% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for SPDR Barclays 1-3 Month T-Bill ETF (BIL) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
SPDR Barclays 1-3 Month T-Bill ETF granted a 5.22% dividend yield in the last twelve months. The annual payout for that period amounted to $4.79 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $4.79 | $4.50 | $1.24 | $0.00 | $0.28 | $1.87 | $1.52 | $0.63 | $0.06 |
Dividend yield | 5.22% | 4.92% | 1.35% | 0.00% | 0.30% | 2.05% | 1.66% | 0.68% | 0.07% |
Monthly Dividends
The table displays the monthly dividend distributions for SPDR Barclays 1-3 Month T-Bill ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.41 | $0.36 | $0.40 | $0.39 | $0.41 | $0.39 | $2.35 | |||||
| 2023 | $0.00 | $0.34 | $0.26 | $0.37 | $0.35 | $0.37 | $0.37 | $0.39 | $0.40 | $0.39 | $0.41 | $0.84 | $4.50 |
| 2022 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.05 | $0.10 | $0.14 | $0.16 | $0.21 | $0.53 | $1.24 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2020 | $0.00 | $0.11 | $0.10 | $0.05 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 |
| 2019 | $0.00 | $0.18 | $0.17 | $0.18 | $0.17 | $0.18 | $0.17 | $0.15 | $0.17 | $0.14 | $0.14 | $0.23 | $1.87 |
| 2018 | $0.00 | $0.09 | $0.08 | $0.11 | $0.11 | $0.13 | $0.13 | $0.13 | $0.14 | $0.15 | $0.15 | $0.32 | $1.52 |
| 2017 | $0.00 | $0.03 | $0.02 | $0.03 | $0.03 | $0.05 | $0.05 | $0.06 | $0.07 | $0.06 | $0.07 | $0.15 | $0.63 |
| 2016 | $0.06 | $0.06 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the SPDR Barclays 1-3 Month T-Bill ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the SPDR Barclays 1-3 Month T-Bill ETF was 0.77%, occurring on Oct 17, 2008. Recovery took 61 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -0.77% | Sep 30, 2008 | 14 | Oct 17, 2008 | 61 | Jan 15, 2009 | 75 |
| -0.63% | Sep 18, 2008 | 2 | Sep 19, 2008 | 6 | Sep 29, 2008 | 8 |
| -0.45% | Jan 16, 2009 | 1737 | Dec 9, 2015 | 410 | Jul 27, 2017 | 2147 |
| -0.24% | Aug 21, 2007 | 5 | Aug 27, 2007 | 8 | Sep 7, 2007 | 13 |
| -0.21% | Mar 23, 2020 | 480 | Feb 14, 2022 | 116 | Aug 2, 2022 | 596 |
Volatility
Volatility Chart
The current SPDR Barclays 1-3 Month T-Bill ETF volatility is 0.06%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.