US Treasury 6 Month Bill ETF (XBIL) 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 XBIL. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to XBIL
XBIL 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 Six Month Target Duration US T... | 0.03% | 1.94B | Sep 2022 | XBIL vs XHLF | |
| BondBloxx Bloomberg One Year Target Duration US Tr... | 0.03% | 841.59M | Sep 2022 | XBIL vs XONE | |
| State Street SPDR Portfolio Ultra Short T-Bill ETF | 0.05% | 13.79M | Oct 2025 | XBIL vs SPTU | |
| Xtrackers US 0-1 Year Treasury ETF | 0.06% | — | Oct 2024 | XBIL vs TRSY | |
| Vanguard 0-3 Month Treasury Bill ETF | 0.07% | 9.40B | Feb 2025 | XBIL vs VBIL |
Best Risk-Adjusted Alternatives to XBIL
XBIL has a PortfoliosLab risk / return rank of 100. There are 15 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 | XBIL vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 100 | 47.03B | May 2007 | XBIL vs BIL | |
| Goldman Sachs Access Treasury 0-1 Year ETF | 100 | 7.59B | Sep 2016 | XBIL vs GBIL | |
| Vanguard 0-3 Month Treasury Bill ETF | 100 | 9.40B | Feb 2025 | XBIL vs VBIL | |
| Invesco Short Term Treasury ETF | 100 | 2.87B | Jan 2017 | XBIL vs TBLL |
Top Performing XBIL Alternatives (YTD)
XBIL is at 2.04% YTD. There are 44 ETFs in the Ultrashort Bond category with higher YTD returns, going as high as 3.28%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| American Century Multisector Floating Income ETF | 3.28% | 22.73M | Mar 2023 | XBIL vs FUSI | |
| NEOS Enhanced Income 1-3 Month T-Bill ETF | 2.98% | 1.54B | Aug 2022 | XBIL vs CSHI | |
| VanEck IG Floating Rate ETF | 2.70% | 3.00B | Apr 2011 | XBIL vs FLTR | |
| Simplify Treasury Option Income ETF | 2.60% | 489.70M | Oct 2022 | XBIL vs BUCK | |
| Angel Oak Ultrashort Income ETF | 2.59% | 1.55B | Oct 2022 | XBIL vs UYLD |
Lowest Volatility Alternatives to XBIL
XBIL has 0.30% 1-year volatility. There are 15 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 | XBIL vs SGOV | |
| Invesco Short Term Treasury ETF | 0.19% | 2.87B | Jan 2017 | XBIL vs TBLL | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 0.20% | 47.03B | May 2007 | XBIL vs BIL | |
| iShares 0-1 Year Treasury Bond ETF | 0.20% | 20.70B | Jan 2007 | XBIL vs SHV | |
| Global X 1-3 Month T-Bill ETF | 0.21% | 2.59B | Jun 2023 | XBIL vs CLIP |
Lowest Drawdown Alternatives to XBIL
XBIL has a 1-year max drawdown of -0.06%. There are 14 ETFs in the Ultrashort Bond category with shallower 1-year drawdowns, going as shallow as -0.01%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | -0.01% | 99.95B | May 2020 | XBIL vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.01% | 47.03B | May 2007 | XBIL vs BIL | |
| Vanguard 0-3 Month Treasury Bill ETF | -0.01% | 9.40B | Feb 2025 | XBIL vs VBIL | |
| iShares Treasury Floating Rate Bond ETF | -0.02% | 6.70B | Feb 2014 | XBIL vs TFLO | |
| Global X 1-3 Month T-Bill ETF | -0.02% | 2.59B | Jun 2023 | XBIL vs CLIP |
Other ETFs from US Benchmark Series
The 7 most viewed US Benchmark Series ETFs shown here include UTHY, UTEN, UTWO and span 3 categories. AUM among these funds goes as high as $482M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| US Treasury 30 Year Bond ETF | Government Bonds, Long-Term Bond | 7 | -3.19% | 179.83M | Mar 2023 | XBIL vs UTHY | |
| US Treasury 10 Year Note ETF | Government Bonds | 13 | -1.51% | 286.72M | Aug 2022 | XBIL vs UTEN | |
| US Treasury 2 Year Note ETF | Government Bonds | 76 | 0.65% | 482.44M | Aug 2022 | XBIL vs UTWO | |
| US Treasury 12 Month Bill ETF | Government Bonds, Ultrashort Bond | 99 | 1.70% | 306.37M | Nov 2022 | XBIL vs OBIL | |
| F/m US Treasury 5 Year Note ETF | Government Bonds | 15 | -0.78% | 30.58M | Mar 2023 | XBIL vs UFIV | |
| US Treasury 3 Year Note ETF | Government Bonds | 45 | 0.04% | 9.03M | Mar 2023 | XBIL vs UTRE | |
| US Treasury 7 Year Note ETF | Government Bonds | 18 | -1.32% | 8.36M | Mar 2023 | XBIL vs USVN |
Often Compared With XBIL
Investors most often compare XBIL with QQQ, BILS, VGSH. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare XBIL with Any Fund or Stock
Compare XBIL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair XBIL with funds that move differently
US Treasury 6 Month Bill ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to XBIL.
Explore XBIL Diversifiers