SPDR Bloomberg 3-12 Month T-Bill ETF (BILS) Alternatives
SPDR Bloomberg 3-12 Month T-Bill ETF (BILS) belongs to the Ultrashort Bond category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with BILS. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to BILS
BILS charges 0.14% annually. Among ETFs in the Ultrashort Bond category, these options have the lowest expense ratios among BILS alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Global X 1-3 Month T-Bill ETF | 0.07% | Jun 20, 2023 | BILS vs CLIP | |
| Vanguard Ultra-Short Treasury ETF | 0.07% | Feb 7, 2025 | BILS vs VGUS | |
| Vanguard 0-3 Month Treasury Bill ETF | 0.07% | Feb 7, 2025 | BILS vs VBIL | |
| Invesco Short Term Treasury ETF | 0.08% | Jan 10, 2017 | BILS vs TBLL | |
| iShares Ultra Short Duration Bond Active ETF | 0.08% | Dec 11, 2013 | BILS vs ICSH |
Best Risk-Adjusted Alternatives to BILS
Among ETFs in the Ultrashort Bond category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | 100 | May 26, 2020 | BILS vs SGOV | |
| PIMCO Ultra Short Government Active Exchange-Trade... | 100 | Jun 21, 2023 | BILS vs BILZ | |
| Invesco Short Term Treasury ETF | 100 | Jan 10, 2017 | BILS vs TBLL | |
| US Treasury 3 Month Bill ETF | 100 | Aug 8, 2022 | BILS vs TBIL | |
| US Treasury 6 Month Bill ETF | 100 | Mar 6, 2023 | BILS vs XBIL |
Top Performing BILS Alternatives (YTD)
BILS alternatives from the Ultrashort Bond category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| CrossingBridge Ultra-Short Duration ETF | 2.92% | Sep 20, 2021 | BILS vs CUSD | |
| Neos Enhanced Income Cash Alternative ETF | 1.30% | Aug 29, 2022 | BILS vs CSHI | |
| American Century Multisector Floating Income ETF | 1.05% | Mar 14, 2023 | BILS vs FUSI | |
| Alpha Architect 1-3 Month Box ETF | 1.03% | Dec 27, 2022 | BILS vs BOXX | |
| Strive Enhanced Income Short Maturity ETF | 0.99% | Aug 9, 2023 | BILS vs BUXX |
Lowest Volatility Alternatives to BILS
BILS alternatives from the Ultrashort Bond category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Invesco Short Term Treasury ETF | 0.20% | Jan 10, 2017 | BILS vs TBLL | |
| iShares 0-3 Month Treasury Bond ETF | 0.20% | May 26, 2020 | BILS vs SGOV | |
| PIMCO Ultra Short Government Active Exchange-Trade... | 0.21% | Jun 21, 2023 | BILS vs BILZ | |
| ClearShares Ultra-Short Maturity ETF | 0.28% | Jul 10, 2018 | BILS vs OPER | |
| US Treasury 3 Month Bill ETF | 0.28% | Aug 8, 2022 | BILS vs TBIL |
Lowest Drawdown Alternatives to BILS
BILS alternatives from the Ultrashort Bond category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | -0.01% | May 26, 2020 | BILS vs SGOV | |
| PIMCO Ultra Short Government Active Exchange-Trade... | -0.02% | Jun 21, 2023 | BILS vs BILZ | |
| ClearShares Ultra-Short Maturity ETF | -0.02% | Jul 10, 2018 | BILS vs OPER | |
| US Treasury 3 Month Bill ETF | -0.02% | Aug 8, 2022 | BILS vs TBIL | |
| US Treasury 6 Month Bill ETF | -0.04% | Mar 6, 2023 | BILS vs XBIL |
Other ETFs from State Street
Most popular State Street ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | S&P 500 | 64 | -4.37% | Jan 22, 1993 | BILS vs SPY | |
| SPDR Gold Shares | Gold, Precious Metals | 87 | 8.57% | Nov 18, 2004 | BILS vs GLD | |
| State Street Technology Select Sector SPDR ETF | Technology Equities | 69 | -7.57% | Dec 16, 1998 | BILS vs XLK | |
| State Street SPDR Portfolio S&P 500 Growth ETF | S&P 500, Large Cap Growth Equities | 66 | -8.12% | Sep 25, 2000 | BILS vs SPYG | |
| SPDR Portfolio S&P 500 High Dividend ETF | S&P 500, Dividend | 30 | 6.32% | Oct 21, 2015 | BILS vs SPYD | |
| SPDR Gold MiniShares Trust | Precious Metals, Gold | 88 | 8.57% | Jun 25, 2018 | BILS vs GLDM | |
| State Street Energy Select Sector SPDR ETF | Energy Equities | 73 | 37.91% | Dec 16, 1998 | BILS vs XLE | |
| Utilities Select Sector SPDR Fund | Utilities Equities | 71 | 8.25% | Dec 16, 1998 | BILS vs XLU | |
| SPDR Barclays 1-3 Month T-Bill ETF | Government Bonds | 100 | 0.85% | May 25, 2007 | BILS vs BIL | |
| SPDR Dow Jones Industrial Average ETF | Large Cap Growth Equities | 47 | -3.25% | Jan 14, 1998 | BILS vs DIA |
Often Compared With BILS
What investors most often compare with BILS, based on PortfoliosLab usage data.
Compare BILS with Any Fund or Stock
Compare BILS with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.