Vanguard 0-3 Month Treasury Bill ETF (VBIL) 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 VBIL. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to VBIL
VBIL charges 0.07% annually. There are 4 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 | VBIL vs XONE | |
| BondBloxx Bloomberg Six Month Target Duration US T... | 0.03% | 1.94B | Sep 2022 | VBIL vs XHLF | |
| State Street SPDR Portfolio Ultra Short T-Bill ETF | 0.05% | 13.79M | Oct 2025 | VBIL vs SPTU | |
| Xtrackers US 0-1 Year Treasury ETF | 0.06% | — | Oct 2024 | VBIL vs TRSY | |
| Vanguard Ultra-Short Treasury ETF | 0.07% | 1.00B | Feb 2025 | VBIL vs VGUS |
Best Risk-Adjusted Alternatives to VBIL
VBIL has a PortfoliosLab risk / return rank of 100. There are 4 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 | VBIL vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 100 | 47.03B | May 2007 | VBIL vs BIL | |
| Goldman Sachs Access Treasury 0-1 Year ETF | 100 | 7.59B | Sep 2016 | VBIL vs GBIL | |
| Invesco Short Term Treasury ETF | 100 | 2.87B | Jan 2017 | VBIL vs TBLL | |
| PIMCO Ultra Short Government Active Exchange-Trade... | 100 | 1.03B | Jun 2023 | VBIL vs BILZ |
Top Performing VBIL Alternatives (YTD)
VBIL is at 2.12% YTD. There are 31 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 | VBIL vs FUSI | |
| NEOS Enhanced Income 1-3 Month T-Bill ETF | 2.96% | 1.54B | Aug 2022 | VBIL vs CSHI | |
| VanEck IG Floating Rate ETF | 2.70% | 3.00B | Apr 2011 | VBIL vs FLTR | |
| Angel Oak Ultrashort Income ETF | 2.61% | 1.55B | Oct 2022 | VBIL vs UYLD | |
| Thrivent Ultra Short Bond ETF | 2.58% | 218.28M | Feb 2025 | VBIL vs TUSB |
Lowest Volatility Alternatives to VBIL
VBIL has 0.22% 1-year volatility. There are 5 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 | VBIL vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 0.20% | 47.03B | May 2007 | VBIL vs BIL | |
| Invesco Short Term Treasury ETF | 0.20% | 2.87B | Jan 2017 | VBIL vs TBLL | |
| iShares 0-1 Year Treasury Bond ETF | 0.21% | 20.70B | Jan 2007 | VBIL vs SHV | |
| PIMCO Ultra Short Government Active Exchange-Trade... | 0.21% | 1.03B | Jun 2023 | VBIL vs BILZ |
Lowest Drawdown Alternatives to VBIL
VBIL has a 1-year max drawdown of -0.01%. No ETFs in the Ultrashort Bond category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -0.01%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.01% | 47.03B | May 2007 | VBIL vs BIL | |
| iShares 0-3 Month Treasury Bond ETF | -0.01% | 99.95B | May 2020 | VBIL vs SGOV | |
| Goldman Sachs Access Treasury 0-1 Year ETF | -0.02% | 7.59B | Sep 2016 | VBIL vs GBIL | |
| F/m US Treasury 3 Month Bill ETF | -0.02% | 7.22B | Aug 2022 | VBIL vs TBIL | |
| WisdomTree Floating Rate Treasury Fund | -0.02% | 18.13B | Feb 2014 | VBIL vs USFR |
Other ETFs from Vanguard
The 10 most viewed Vanguard ETFs shown here include VOO, VTI, VGT and span 8 categories. AUM among these funds goes as high as $2T.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | S&P 500 | 68 | 10.16% | 1.70T | Sep 2010 | VBIL vs VOO | |
| Vanguard Total Stock Market ETF | Large Cap Blend Equities | 67 | 10.49% | 2.30T | May 2001 | VBIL vs VTI | |
| Vanguard Information Technology ETF | Technology Equities | 52 | 20.36% | 169.20B | Mar 2004 | VBIL vs VGT | |
| Vanguard Total International Stock ETF | Global Equities | 71 | 12.75% | 651.00B | Jan 2011 | VBIL vs VXUS | |
| Vanguard Growth ETF | Large Cap Growth Equities | 28 | 5.02% | 378.80B | Jan 2004 | VBIL vs VUG | |
| Vanguard Total World Stock ETF | Global Equities | 70 | 11.15% | 97.00B | Jun 2008 | VBIL vs VT | |
| Vanguard High Dividend Yield ETF | Dividend | 90 | 14.21% | 96.20B | Nov 2006 | VBIL vs VYM | |
| Vanguard Total Bond Market ETF | Total Bond Market | 29 | -0.54% | 398.10B | Apr 2007 | VBIL vs BND | |
| Vanguard Dividend Appreciation ETF | Dividend | 75 | 9.71% | 129.60B | Apr 2006 | VBIL vs VIG | |
| Vanguard Value ETF | Large Cap Value Equities | 93 | 16.37% | 254.20B | Jan 2004 | VBIL vs VTV |
Often Compared With VBIL
Investors most often compare VBIL with VUSXX, VGSH, VMFXX. These 19 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare VBIL with Any Fund or Stock
Compare VBIL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair VBIL with funds that move differently
Vanguard 0-3 Month Treasury Bill ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to VBIL.
Explore VBIL Diversifiers