BILS vs. XLU
Compare and contrast key facts about SPDR Bloomberg 3-12 Month T-Bill ETF (BILS) and Utilities Select Sector SPDR Fund (XLU).
BILS and XLU 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. XLU is a passively managed fund by State Street that tracks the performance of the Utilities Select Sector Index. It was launched on Dec 16, 1998. Both BILS and XLU 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 XLU.
Key characteristics
| BILS | XLU | |
|---|---|---|
| YTD Return | 4.51% | 26.82% |
| 1Y Return | 5.28% | 36.03% |
| 3Y Return (Ann) | 3.43% | 8.97% |
| Sharpe Ratio | 18.40 | 2.14 |
| Sortino Ratio | 96.67 | 2.98 |
| Omega Ratio | 32.01 | 1.37 |
| Calmar Ratio | 132.11 | 1.66 |
| Martin Ratio | 1,354.04 | 10.62 |
| Ulcer Index | 0.00% | 3.24% |
| Daily Std Dev | 0.29% | 16.05% |
| Max Drawdown | -0.41% | -52.27% |
| Current Drawdown | 0.00% | -4.52% |
Correlation
The correlation between BILS and XLU is 0.03, 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.
Performance
BILS vs. XLU - Performance Comparison
In the year-to-date period, BILS achieves a 4.51% return, which is significantly lower than XLU's 26.82% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BILS vs. XLU - Expense Ratio Comparison
BILS has a 0.14% expense ratio, which is higher than XLU's 0.13% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
BILS vs. XLU - 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 Utilities Select Sector SPDR Fund (XLU). 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
BILS vs. XLU - Dividend Comparison
BILS's dividend yield for the trailing twelve months is around 5.14%, more than XLU's 2.82% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BILS SPDR Bloomberg 3-12 Month T-Bill ETF | 5.14% | 4.98% | 1.61% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLU Utilities Select Sector SPDR Fund | 2.82% | 3.39% | 2.92% | 2.79% | 3.14% | 2.95% | 3.33% | 3.33% | 3.42% | 3.67% | 3.19% | 3.86% |
Drawdowns
BILS vs. XLU - Drawdown Comparison
The maximum BILS drawdown since its inception was -0.41%, smaller than the maximum XLU drawdown of -52.27%. Use the drawdown chart below to compare losses from any high point for BILS and XLU. For additional features, visit the drawdowns tool.
Volatility
BILS vs. XLU - Volatility Comparison
The current volatility for SPDR Bloomberg 3-12 Month T-Bill ETF (BILS) is 0.08%, while Utilities Select Sector SPDR Fund (XLU) has a volatility of 5.59%. This indicates that BILS experiences smaller price fluctuations and is considered to be less risky than XLU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.