F/m 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 a closer substitute for your current allocation.
Cheapest Alternatives to TBIL
TBIL charges 0.15% annually. There are 20 ETFs in the Ultrashort Bond category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| BondBloxx Bloomberg One Year Target Duration US Tr... | 0.03% | 841.59M | Sep 2022 | TBIL vs XONE | |
| BondBloxx Bloomberg Six Month Target Duration US T... | 0.03% | 1.94B | Sep 2022 | TBIL vs XHLF | |
| State Street SPDR Portfolio Ultra Short T-Bill ETF | 0.05% | 13.79M | Oct 2025 | TBIL vs SPTU | |
| Xtrackers US 0-1 Year Treasury ETF | 0.06% | — | Oct 2024 | TBIL vs TRSY | |
| Global X 1-3 Month T-Bill ETF | 0.07% | 2.59B | Jun 2023 | TBIL vs CLIP |
Best Risk-Adjusted Alternatives to TBIL
TBIL has a PortfoliosLab risk / return rank of 100. There are 9 ETFs in the Ultrashort Bond category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | 100 | 99.95B | May 2020 | TBIL vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 100 | 47.03B | May 2007 | TBIL vs BIL | |
| Goldman Sachs Access Treasury 0-1 Year ETF | 100 | 7.59B | Sep 2016 | TBIL vs GBIL | |
| Invesco Short Term Treasury ETF | 100 | 2.87B | Jan 2017 | TBIL vs TBLL | |
| Vanguard 0-3 Month Treasury Bill ETF | 100 | 9.40B | Feb 2025 | TBIL vs VBIL |
Top Performing TBIL Alternatives (YTD)
TBIL is at 2.11% YTD. There are 34 ETFs in the Ultrashort Bond category with higher YTD returns, going as high as 3.26%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| American Century Multisector Floating Income ETF | 3.26% | 22.73M | Mar 2023 | TBIL vs FUSI | |
| NEOS Enhanced Income 1-3 Month T-Bill ETF | 2.96% | 1.54B | Aug 2022 | TBIL vs CSHI | |
| VanEck IG Floating Rate ETF | 2.70% | 3.00B | Apr 2011 | TBIL vs FLTR | |
| Angel Oak Ultrashort Income ETF | 2.61% | 1.55B | Oct 2022 | TBIL vs UYLD | |
| Thrivent Ultra Short Bond ETF | 2.58% | 218.28M | Feb 2025 | TBIL vs TUSB |
Lowest Volatility Alternatives to TBIL
TBIL has 0.28% 1-year volatility. There are 11 ETFs in the Ultrashort Bond category with lower 1-year volatility, going as low as 0.19%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | 0.19% | 99.95B | May 2020 | TBIL vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 0.20% | 47.03B | May 2007 | TBIL vs BIL | |
| Invesco Short Term Treasury ETF | 0.20% | 2.87B | Jan 2017 | TBIL vs TBLL | |
| iShares 0-1 Year Treasury Bond ETF | 0.21% | 20.70B | Jan 2007 | TBIL vs SHV | |
| PIMCO Ultra Short Government Active Exchange-Trade... | 0.21% | 1.03B | Jun 2023 | TBIL vs BILZ |
Lowest Drawdown Alternatives to TBIL
TBIL has a 1-year max drawdown of -0.02%. There are 3 ETFs in the Ultrashort Bond category with shallower 1-year drawdowns, going as shallow as -0.01%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard 0-3 Month Treasury Bill ETF | -0.01% | 9.40B | Feb 2025 | TBIL vs VBIL | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.01% | 47.03B | May 2007 | TBIL vs BIL | |
| iShares 0-3 Month Treasury Bond ETF | -0.01% | 99.95B | May 2020 | TBIL vs SGOV | |
| Global X 1-3 Month T-Bill ETF | -0.02% | 2.59B | Jun 2023 | TBIL vs CLIP | |
| iShares Treasury Floating Rate Bond ETF | -0.02% | 6.70B | Feb 2014 | TBIL vs TFLO |
Other ETFs from F/m
The 10 most viewed F/m ETFs shown here include RBIL, ZTWO, LFSC and span 10 categories. AUM among these funds goes as high as $154M.
Often Compared With TBIL
Investors most often compare TBIL with BOXX, USFR, CBIL.TO. These 20 comparison targets span 13 categories, 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.
Pair TBIL with funds that move differently
F/m US Treasury 3 Month Bill ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TBIL.
Explore TBIL Diversifiers