ASTEX vs. BIL
Compare and contrast key facts about American Funds Short-Term Tax Exempt Bond Fund (ASTEX) and SPDR Barclays 1-3 Month T-Bill ETF (BIL).
ASTEX is managed by American Funds. It was launched on Aug 6, 2009. BIL is a passively managed fund by State Street that tracks the performance of the Barclays Capital U.S. 1-3 Month Treasury Bill Index. It was launched on May 25, 2007.
Performance
ASTEX vs. BIL - Performance Comparison
Loading graphics...
ASTEX vs. BIL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ASTEX American Funds Short-Term Tax Exempt Bond Fund | 0.02% | 5.34% | 2.46% | 2.91% | -3.25% | -0.29% | 2.91% | 3.26% | 0.94% | 1.63% |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 0.85% | 4.15% | 5.19% | 4.94% | 1.40% | -0.10% | 0.40% | 2.03% | 1.74% | 0.69% |
Returns By Period
In the year-to-date period, ASTEX achieves a 0.02% return, which is significantly lower than BIL's 0.85% return. Over the past 10 years, ASTEX has underperformed BIL with an annualized return of 1.50%, while BIL has yielded a comparatively higher 2.12% annualized return.
ASTEX
- 1D
- 0.00%
- 1M
- -1.28%
- YTD
- 0.02%
- 6M
- 0.65%
- 1Y
- 3.62%
- 3Y*
- 3.16%
- 5Y*
- 1.42%
- 10Y*
- 1.50%
BIL
- 1D
- 0.00%
- 1M
- 0.29%
- YTD
- 0.85%
- 6M
- 1.84%
- 1Y
- 3.99%
- 3Y*
- 4.70%
- 5Y*
- 3.27%
- 10Y*
- 2.12%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ASTEX vs. BIL - Expense Ratio Comparison
ASTEX has a 0.53% expense ratio, which is higher than BIL's 0.14% expense ratio.
Return for Risk
ASTEX vs. BIL — Risk / Return Rank
ASTEX
BIL
ASTEX vs. BIL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Short-Term Tax Exempt Bond Fund (ASTEX) and SPDR Barclays 1-3 Month T-Bill ETF (BIL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| ASTEX | BIL | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.00 | 19.52 | -17.51 |
Sortino ratioReturn per unit of downside risk | 3.00 | 254.04 | -251.05 |
Omega ratioGain probability vs. loss probability | 1.68 | 180.28 | -178.60 |
Calmar ratioReturn relative to maximum drawdown | 2.27 | 365.54 | -363.27 |
Martin ratioReturn relative to average drawdown | 9.83 | 4,104.04 | -4,094.21 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| ASTEX | BIL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.00 | 19.52 | -17.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.82 | 12.54 | -11.73 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.92 | 8.22 | -7.30 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.07 | 2.72 | -1.65 |
Correlation
The correlation between ASTEX and BIL is 0.01, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
ASTEX vs. BIL - Dividend Comparison
ASTEX's dividend yield for the trailing twelve months is around 2.76%, less than BIL's 4.01% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASTEX American Funds Short-Term Tax Exempt Bond Fund | 2.76% | 3.66% | 2.53% | 1.73% | 0.78% | 0.68% | 1.31% | 1.62% | 1.44% | 1.32% | 0.97% | 1.03% |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 4.01% | 4.13% | 5.03% | 4.92% | 1.35% | 0.00% | 0.30% | 2.05% | 1.66% | 0.68% | 0.07% | 0.00% |
Drawdowns
ASTEX vs. BIL - Drawdown Comparison
The maximum ASTEX drawdown since its inception was -5.73%, which is greater than BIL's maximum drawdown of -0.78%. Use the drawdown chart below to compare losses from any high point for ASTEX and BIL.
Loading graphics...
Drawdown Indicators
| ASTEX | BIL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.73% | -0.78% | -4.95% |
Max Drawdown (1Y)Largest decline over 1 year | -1.90% | -0.01% | -1.89% |
Max Drawdown (5Y)Largest decline over 5 years | -5.62% | -0.12% | -5.50% |
Max Drawdown (10Y)Largest decline over 10 years | -5.73% | -0.21% | -5.52% |
Current DrawdownCurrent decline from peak | -1.28% | 0.00% | -1.28% |
Average DrawdownAverage peak-to-trough decline | -0.70% | -0.26% | -0.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.44% | 0.00% | +0.44% |
Volatility
ASTEX vs. BIL - Volatility Comparison
American Funds Short-Term Tax Exempt Bond Fund (ASTEX) has a higher volatility of 0.49% compared to SPDR Barclays 1-3 Month T-Bill ETF (BIL) at 0.05%. This indicates that ASTEX's price experiences larger fluctuations and is considered to be riskier than BIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| ASTEX | BIL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.49% | 0.05% | +0.44% |
Volatility (6M)Calculated over the trailing 6-month period | 0.98% | 0.14% | +0.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.11% | 0.21% | +1.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.75% | 0.26% | +1.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.63% | 0.26% | +1.37% |