US Treasury 3 Month Bill ETF (TBIL) Alternatives
US Treasury 3 Month Bill ETF (TBIL) 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 TBIL. 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 TBIL
TBIL charges 0.15% annually. Among ETFs in the Ultrashort Bond category, these options have the lowest expense ratios among TBIL alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Global X 1-3 Month T-Bill ETF | 0.07% | Jun 20, 2023 | TBIL vs CLIP | |
| Vanguard Ultra-Short Treasury ETF | 0.07% | Feb 7, 2025 | TBIL vs VGUS | |
| Vanguard 0-3 Month Treasury Bill ETF | 0.07% | Feb 7, 2025 | TBIL vs VBIL | |
| Invesco Short Term Treasury ETF | 0.08% | Jan 10, 2017 | TBIL vs TBLL | |
| iShares Ultra Short Duration Bond Active ETF | 0.08% | Dec 11, 2013 | TBIL vs ICSH |
Best Risk-Adjusted Alternatives to TBIL
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 | TBIL vs SGOV | |
| PIMCO Ultra Short Government Active Exchange-Trade... | 100 | Jun 21, 2023 | TBIL vs BILZ | |
| Invesco Short Term Treasury ETF | 100 | Jan 10, 2017 | TBIL vs TBLL | |
| SPDR Bloomberg 3-12 Month T-Bill ETF | 100 | Sep 24, 2020 | TBIL vs BILS | |
| US Treasury 6 Month Bill ETF | 100 | Mar 6, 2023 | TBIL vs XBIL |
Top Performing TBIL Alternatives (YTD)
TBIL 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 | TBIL vs CUSD | |
| Neos Enhanced Income Cash Alternative ETF | 1.30% | Aug 29, 2022 | TBIL vs CSHI | |
| American Century Multisector Floating Income ETF | 1.05% | Mar 14, 2023 | TBIL vs FUSI | |
| Alpha Architect 1-3 Month Box ETF | 1.03% | Dec 27, 2022 | TBIL vs BOXX | |
| Strive Enhanced Income Short Maturity ETF | 0.99% | Aug 9, 2023 | TBIL vs BUXX |
Lowest Volatility Alternatives to TBIL
TBIL 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 | TBIL vs TBLL | |
| iShares 0-3 Month Treasury Bond ETF | 0.20% | May 26, 2020 | TBIL vs SGOV | |
| PIMCO Ultra Short Government Active Exchange-Trade... | 0.21% | Jun 21, 2023 | TBIL vs BILZ | |
| SPDR Bloomberg 3-12 Month T-Bill ETF | 0.24% | Sep 24, 2020 | TBIL vs BILS | |
| ClearShares Ultra-Short Maturity ETF | 0.28% | Jul 10, 2018 | TBIL vs OPER |
Lowest Drawdown Alternatives to TBIL
TBIL 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 | TBIL vs SGOV | |
| PIMCO Ultra Short Government Active Exchange-Trade... | -0.02% | Jun 21, 2023 | TBIL vs BILZ | |
| ClearShares Ultra-Short Maturity ETF | -0.02% | Jul 10, 2018 | TBIL vs OPER | |
| SPDR Bloomberg 3-12 Month T-Bill ETF | -0.03% | Sep 24, 2020 | TBIL vs BILS | |
| US Treasury 6 Month Bill ETF | -0.04% | Mar 6, 2023 | TBIL vs XBIL |
Other ETFs from US Benchmark Series
Most popular US Benchmark Series ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| US Treasury 30 Year Bond ETF | Government Bonds | 11 | 0.25% | Mar 27, 2023 | TBIL vs UTHY | |
| US Treasury 10 Year Note ETF | Government Bonds | 34 | -0.06% | Aug 8, 2022 | TBIL vs UTEN | |
| US Treasury 2 Year Note ETF | Government Bonds | 95 | 0.25% | Aug 8, 2022 | TBIL vs UTWO | |
| US Treasury 12 Month Bill ETF | Government Bonds | 99 | 0.63% | Nov 14, 2022 | TBIL vs OBIL | |
| US Treasury 3 Year Note ETF | Government Bonds | 84 | 0.13% | Mar 27, 2023 | TBIL vs UTRE | |
| The RBB Fund, Inc.- US Treasury 5 Year Note ETF | Government Bonds | 59 | -0.04% | Mar 27, 2023 | TBIL vs UFIV | |
| US Treasury 7 Year Note ETF | Government Bonds | 43 | -0.10% | Mar 27, 2023 | TBIL vs USVN |
Often Compared With TBIL
What investors most often compare with TBIL, based on PortfoliosLab usage data.
Compare TBIL with Any Fund or Stock
Compare TBIL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.