BILS vs. BIL
Compare and contrast key facts about SPDR Bloomberg 3-12 Month T-Bill ETF (BILS) and SPDR Barclays 1-3 Month T-Bill ETF (BIL).
BILS and BIL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BILS is a passively managed fund by SPDR that tracks the performance of the Bloomberg 3-12 Month U.S. Treasury Bill Index. It was launched on Sep 24, 2020. 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. Both BILS and BIL 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: BILS or BIL.
Correlation
The correlation between BILS and BIL is -0.01. 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
BILS vs. BIL - Performance Comparison
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Key characteristics
BILS:
18.55
BIL:
20.77
BILS:
93.00
BIL:
250.17
BILS:
27.27
BIL:
145.44
BILS:
163.90
BIL:
441.43
BILS:
1,509.83
BIL:
4,066.20
BILS:
0.00%
BIL:
0.00%
BILS:
0.27%
BIL:
0.23%
BILS:
-0.41%
BIL:
-0.77%
BILS:
0.00%
BIL:
0.00%
Returns By Period
The year-to-date returns for both investments are quite close, with BILS having a 1.47% return and BIL slightly higher at 1.48%.
BILS
1.47%
0.33%
2.13%
4.88%
N/A
N/A
BIL
1.48%
0.36%
2.11%
4.76%
2.57%
1.77%
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BILS vs. BIL - Expense Ratio Comparison
Both BILS and BIL have an expense ratio of 0.14%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
BILS vs. BIL — Risk-Adjusted Performance Rank
BILS
BIL
BILS vs. BIL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg 3-12 Month T-Bill ETF (BILS) 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.
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Dividends
BILS vs. BIL - Dividend Comparison
BILS's dividend yield for the trailing twelve months is around 4.67%, which matches BIL's 4.69% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
BILS SPDR Bloomberg 3-12 Month T-Bill ETF | 4.67% | 5.01% | 4.98% | 1.61% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 4.69% | 5.03% | 4.92% | 1.35% | 0.00% | 0.30% | 2.05% | 1.66% | 0.68% | 0.07% |
Drawdowns
BILS vs. BIL - Drawdown Comparison
The maximum BILS drawdown since its inception was -0.41%, smaller than the maximum BIL drawdown of -0.77%. Use the drawdown chart below to compare losses from any high point for BILS and BIL. For additional features, visit the drawdowns tool.
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Volatility
BILS vs. BIL - Volatility Comparison
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