SPDR Bloomberg 3-12 Month T-Bill ETF (BILS)
BILS is a passive ETF by SPDR tracking the investment results of the Bloomberg 3-12 Month U.S. Treasury Bill Index. BILS launched on Sep 24, 2020 and has a 0.14% expense ratio.
ETF Info
| ISIN | US78468R5239 |
|---|---|
| Issuer | SPDR |
| Inception Date | Sep 24, 2020 |
| Region | North America (U.S.) |
| Category | Ultrashort Bond |
| Leveraged | 1x |
| Index Tracked | Bloomberg 3-12 Month U.S. Treasury Bill Index |
| Asset Class | Bond |
Expense Ratio
BILS 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
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Popular comparisons: BILS vs. BIL, BILS vs. SPY, BILS vs. CLIP, BILS vs. SGOV, BILS vs. XBIL, BILS vs. GBIL, BILS vs. TFLO, BILS vs. XLU, BILS vs. TBIL, BILS vs. SHY
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in SPDR Bloomberg 3-12 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 Bloomberg 3-12 Month T-Bill ETF had a return of 4.48% year-to-date (YTD) and 5.30% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 4.48% | 25.45% |
| 1 month | 0.32% | 2.91% |
| 6 months | 2.65% | 14.05% |
| 1 year | 5.30% | 35.64% |
| 5 years (annualized) | N/A | 14.13% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of BILS, 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 | 0.41% | 0.36% | 0.40% | 0.39% | 0.45% | 0.41% | 0.51% | 0.50% | 0.51% | 0.33% | 4.48% | ||
| 2023 | 0.28% | 0.31% | 0.50% | 0.29% | 0.29% | 0.45% | 0.39% | 0.46% | 0.40% | 0.46% | 0.52% | 0.46% | 4.92% |
| 2022 | -0.08% | -0.02% | -0.05% | -0.02% | 0.08% | -0.09% | 0.03% | 0.10% | 0.13% | 0.09% | 0.31% | 0.41% | 0.90% |
| 2021 | 0.01% | -0.01% | 0.01% | -0.01% | -0.01% | -0.02% | -0.01% | -0.01% | 0.00% | -0.02% | -0.01% | -0.01% | -0.08% |
| 2020 | 0.00% | -0.00% | 0.00% | -0.00% | -0.00% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of BILS 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 Bloomberg 3-12 Month T-Bill ETF (BILS) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
SPDR Bloomberg 3-12 Month T-Bill ETF provided a 5.14% dividend yield over the last twelve months, with an annual payout of $5.10 per share.
| Period | TTM | 2023 | 2022 |
|---|---|---|---|
| Dividend | $5.10 | $4.94 | $1.60 |
Dividend yield | 5.14% | 4.98% | 1.61% |
Monthly Dividends
The table displays the monthly dividend distributions for SPDR Bloomberg 3-12 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 | $0.45 | $0.40 | $0.43 | $0.42 | $0.43 | $0.42 | $0.44 | $0.43 | $0.41 | $0.40 | $4.23 | |
| 2023 | $0.00 | $0.42 | $0.34 | $0.39 | $0.38 | $0.40 | $0.41 | $0.43 | $0.44 | $0.43 | $0.45 | $0.87 | $4.94 |
| 2022 | $0.07 | $0.11 | $0.13 | $0.17 | $0.20 | $0.28 | $0.64 | $1.60 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the SPDR Bloomberg 3-12 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 Bloomberg 3-12 Month T-Bill ETF was 0.41%, occurring on Jun 14, 2022. Recovery took 74 trading sessions.
The current SPDR Bloomberg 3-12 Month T-Bill ETF drawdown is 0.01%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -0.41% | Feb 8, 2021 | 341 | Jun 14, 2022 | 74 | Sep 29, 2022 | 415 |
| -0.08% | Oct 11, 2022 | 7 | Oct 19, 2022 | 6 | Oct 27, 2022 | 13 |
| -0.07% | Mar 20, 2023 | 2 | Mar 21, 2023 | 2 | Mar 23, 2023 | 4 |
| -0.04% | Feb 2, 2024 | 1 | Feb 2, 2024 | 3 | Feb 7, 2024 | 4 |
| -0.04% | Apr 10, 2023 | 1 | Apr 10, 2023 | 3 | Apr 13, 2023 | 4 |
Volatility
Volatility Chart
The current SPDR Bloomberg 3-12 Month T-Bill ETF volatility is 0.08%, 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.