BIL vs. VOO
Compare and contrast key facts about SPDR Barclays 1-3 Month T-Bill ETF (BIL) and Vanguard S&P 500 ETF (VOO).
BIL and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both BIL and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BIL or VOO.
Key characteristics
| BIL | VOO | |
|---|---|---|
| YTD Return | 1.59% | 5.41% |
| 1Y Return | 5.27% | 22.44% |
| 3Y Return (Ann) | 2.62% | 7.99% |
| 5Y Return (Ann) | 1.91% | 13.38% |
| 10Y Return (Ann) | 1.25% | 12.41% |
| Sharpe Ratio | 19.35 | 1.91 |
| Daily Std Dev | 0.27% | 11.73% |
| Max Drawdown | -0.77% | -33.99% |
| Current Drawdown | 0.00% | -4.66% |
Correlation
The correlation between BIL and VOO is 0.00. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
BIL vs. VOO - Performance Comparison
In the year-to-date period, BIL achieves a 1.59% return, which is significantly lower than VOO's 5.41% return. Over the past 10 years, BIL has underperformed VOO with an annualized return of 1.25%, while VOO has yielded a comparatively higher 12.41% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BIL vs. VOO - Expense Ratio Comparison
Risk-Adjusted Performance
BIL vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Barclays 1-3 Month T-Bill ETF (BIL) and Vanguard S&P 500 ETF (VOO). 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.
Dividends
BIL vs. VOO - Dividend Comparison
BIL's dividend yield for the trailing twelve months is around 5.13%, more than VOO's 1.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIL SPDR Barclays 1-3 Month T-Bill ETF | 5.13% | 4.92% | 1.35% | 0.00% | 0.30% | 2.05% | 1.66% | 0.68% | 0.07% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.40% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
BIL vs. VOO - Drawdown Comparison
The maximum BIL drawdown since its inception was -0.77%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for BIL and VOO. For additional features, visit the drawdowns tool.
Volatility
BIL vs. VOO - Volatility Comparison
The current volatility for SPDR Barclays 1-3 Month T-Bill ETF (BIL) is 0.08%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.23%. This indicates that BIL experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.