BIL vs. U-U.TO

Last updated Jun 13, 2026

BIL (SPDR Bloomberg 1-3 Month T-Bill ETF) is Government Bonds fund tracking the Bloomberg 1-3 Month U.S. Treasury Bill Index, while U-U.TO (Sprott Physical Uranium Trust Fund) is a stock. Over the past 3 years, BIL returned 4.63%/yr vs 9.68%/yr for U-U.TO. At a correlation of -0.02, they often move in opposite directions.

Performance

BIL vs. U-U.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) and Sprott Physical Uranium Trust Fund (U-U.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

BIL is traded in USD, while U-U.TO is traded in CAD. To make them comparable, the U-U.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, BIL achieves a 1.60% return, which is significantly higher than U-U.TO's -7.16% return.

BIL

• 1D: 0.03%
• 1M: 0.32%
• YTD: 1.60%
• 6M: 1.76%
• 1Y: 3.89%
• 3Y*: 4.63%
• 5Y*: 3.43%
• 10Y*: 2.20%

U-U.TO

• 1D: -1.14%
• 1M: -8.64%
• YTD: -7.16%
• 6M: 1.40%
• 1Y: 5.77%
• 3Y*: 9.68%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BIL vs. U-U.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BIL SPDR Bloomberg 1-3 Month T-Bill ETF	1.60%	4.15%	5.19%	4.94%	1.40%	-0.03%
U-U.TO Sprott Physical Uranium Trust Fund	-7.16%	18.18%	-25.16%	86.49%	-0.07%	17.76%

Correlation

The correlation between BIL and U-U.TO is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.06
Correlation (3Y) Calculated over the trailing 3-year period	-0.02
Correlation (All Time) Calculated using the full available price history since Jul 26, 2021	-0.02

Return for Risk

BIL vs. U-U.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BIL

BIL Risk / Return Rank: 100
BIL Sharpe Ratio Rank: 100
BIL Sortino Ratio Rank: 100
BIL Omega Ratio Rank: 100
BIL Calmar Ratio Rank: 100
BIL Martin Ratio Rank: 100

U-U.TO

U-U.TO Risk / Return Rank: 49
U-U.TO Sharpe Ratio Rank: 51
U-U.TO Sortino Ratio Rank: 46
U-U.TO Omega Ratio Rank: 45
U-U.TO Calmar Ratio Rank: 52
U-U.TO Martin Ratio Rank: 51

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BIL vs. U-U.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) and Sprott Physical Uranium Trust Fund (U-U.TO). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BIL	U-U.TO	Difference
Sharpe ratio: Return per unit of total volatility	19.63	0.16	+19.47
Sortino ratio: Return per unit of downside risk	175.17	0.48	+174.69
Omega ratio: Gain probability vs. loss probability	88.41	1.06	+87.35
Calmar ratio: Return relative to maximum drawdown	357.44	0.23	+357.21
Martin ratio: Return relative to average drawdown	2,834.34	0.46	+2,833.88

BIL vs. U-U.TO - Sharpe Ratio Comparison

The current BIL Sharpe Ratio is 19.63, which is higher than the U-U.TO Sharpe Ratio of 0.16. The chart below compares the historical Sharpe Ratios of BIL and U-U.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BIL vs. U-U.TO - Drawdown Comparison

The maximum BIL drawdown since its inception was -0.78%, smaller than the maximum U-U.TO drawdown of -51.83%. Use the drawdown chart below to compare losses from any high point for BIL and U-U.TO.

Drawdown Indicators

	BIL	U-U.TO	Difference
Max Drawdown Largest peak-to-trough decline	-0.78%	-51.83%	+51.05%
Max Drawdown (1Y) Largest decline over 1 year	-0.01%	-25.40%	+25.39%
Max Drawdown (3Y) Largest decline over 3 years	-0.01%	-51.83%	+51.82%
Max Drawdown (5Y) Largest decline over 5 years	-0.09%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-0.21%	—	—
Current Drawdown Current decline from peak	0.00%	-29.49%	+29.49%
Average Drawdown Average peak-to-trough decline	-0.26%	-24.20%	+23.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.00%	12.69%	-12.69%

Volatility

BIL vs. U-U.TO - Volatility Comparison

The current volatility for SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) is 0.06%, while Sprott Physical Uranium Trust Fund (U-U.TO) has a volatility of 6.16%. This indicates that BIL experiences smaller price fluctuations and is considered to be less risky than U-U.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BIL	U-U.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.06%	6.16%	-6.10%
Volatility (6M) Calculated over the trailing 6-month period	0.14%	25.78%	-25.64%
Volatility (1Y) Calculated over the trailing 1-year period	0.20%	35.47%	-35.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.26%	42.18%	-41.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.26%	42.18%	-41.92%

Dividends

BIL vs. U-U.TO - Dividend Comparison

BIL's dividend yield for the trailing twelve months is around 3.86%, while U-U.TO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
BIL SPDR Bloomberg 1-3 Month T-Bill ETF	3.86%	4.13%	5.03%	4.92%	1.35%	0.00%	0.30%	2.05%	1.66%	0.68%	0.07%
U-U.TO Sprott Physical Uranium Trust Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BIL and U-U.TO in my portfolio?

BIL and U-U.TO have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.