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SPDR Barclays 1-3 Month T-Bill ETF (BIL)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US78468R6633

CUSIP

78464A680

Issuer

State Street

Inception Date

May 25, 2007

Region

North America (U.S.)

Leveraged

1x

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.


Expense ratio chart for BIL: current value at 0.14% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.14%

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. SWVXX BIL vs. LTPZ
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. SWVXX BIL vs. LTPZ

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.


0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
2.53%
12.91%
BIL (SPDR Barclays 1-3 Month T-Bill ETF)
Benchmark (^GSPC)

Returns By Period

SPDR Barclays 1-3 Month T-Bill ETF had a return of 4.91% year-to-date (YTD) and 5.23% in the last 12 months. Over the past 10 years, SPDR Barclays 1-3 Month T-Bill ETF had an annualized return of 1.59%, while the S&P 500 had an annualized return of 11.73%, indicating that SPDR Barclays 1-3 Month T-Bill ETF did not perform as well as the benchmark.


BIL

YTD

4.91%

1M

0.34%

6M

2.53%

1Y

5.23%

5Y (annualized)

2.31%

10Y (annualized)

1.59%

^GSPC (Benchmark)

YTD

26.90%

1M

0.96%

6M

12.91%

1Y

31.46%

5Y (annualized)

14.06%

10Y (annualized)

11.73%

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.43%0.44%0.41%0.43%0.46%0.40%0.45%0.46%0.42%0.40%0.37%4.91%
20230.28%0.35%0.40%0.36%0.38%0.46%0.39%0.50%0.40%0.43%0.47%0.43%4.94%
20220.00%-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%
20200.12%0.12%0.20%-0.02%-0.02%-0.00%0.01%-0.00%-0.02%0.01%-0.01%0.00%0.40%
20190.17%0.18%0.18%0.19%0.21%0.18%0.18%0.17%0.16%0.16%0.11%0.11%2.03%
20180.13%0.08%0.13%0.10%0.15%0.15%0.14%0.16%0.14%0.17%0.19%0.18%1.74%
20170.04%0.05%-0.02%0.08%0.01%0.10%0.03%0.11%0.07%0.07%0.05%0.07%0.69%
20160.02%-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.


The Risk-Adjusted Performance Rank of BIL is 100100
Overall Rank
The Sharpe Ratio Rank of BIL is 100100
Sharpe Ratio Rank
The Sortino Ratio Rank of BIL is 100100
Sortino Ratio Rank
The Omega Ratio Rank of BIL is 100100
Omega Ratio Rank
The Calmar Ratio Rank of BIL is 100100
Calmar Ratio Rank
The Martin Ratio Rank of BIL is 100100
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


Sharpe ratio
The chart of Sharpe ratio for BIL, currently valued at 20.37, compared to the broader market0.002.004.0020.372.62
The chart of Sortino ratio for BIL, currently valued at 270.00, compared to the broader market-2.000.002.004.006.008.0010.0012.00270.003.48
The chart of Omega ratio for BIL, currently valued at 156.89, compared to the broader market0.501.001.502.002.503.00156.891.48
The chart of Calmar ratio for BIL, currently valued at 477.75, compared to the broader market0.005.0010.0015.00477.753.77
The chart of Martin ratio for BIL, currently valued at 4397.06, compared to the broader market0.0020.0040.0060.0080.00100.004,397.0616.74
BIL
^GSPC

The current SPDR Barclays 1-3 Month T-Bill ETF Sharpe ratio is 20.37. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of SPDR Barclays 1-3 Month T-Bill ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.005.0010.0015.0020.00JulyAugustSeptemberOctoberNovemberDecember
20.37
2.62
BIL (SPDR Barclays 1-3 Month T-Bill ETF)
Benchmark (^GSPC)

Dividends

Dividend History

SPDR Barclays 1-3 Month T-Bill ETF provided a 5.06% dividend yield over the last twelve months, with an annual payout of $4.64 per share.


0.00%1.00%2.00%3.00%4.00%5.00%$0.00$1.00$2.00$3.00$4.00$5.0020162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016
Dividend$4.64$4.50$1.24$0.00$0.28$1.87$1.52$0.63$0.06

Dividend yield

5.06%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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.41$0.36$0.40$0.39$0.41$0.39$0.40$0.40$0.37$0.36$0.33$4.21
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. Drawdowns are calculated considering price movements and all distributions paid, if any.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember0
-0.61%
BIL (SPDR Barclays 1-3 Month T-Bill ETF)
Benchmark (^GSPC)

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, 200814Oct 17, 200861Jan 15, 200975
-0.63%Sep 18, 20082Sep 19, 20086Sep 29, 20088
-0.45%Jan 16, 20091761Jan 14, 2016386Jul 27, 20172147
-0.24%Aug 21, 20075Aug 27, 20078Sep 7, 200713
-0.21%Mar 23, 2020480Feb 14, 2022116Aug 2, 2022596

Volatility

Volatility Chart

The current SPDR Barclays 1-3 Month T-Bill ETF volatility is 0.07%, 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.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
0.07%
2.24%
BIL (SPDR Barclays 1-3 Month T-Bill ETF)
Benchmark (^GSPC)
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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