BSV vs. BIL
Compare and contrast key facts about Vanguard Short-Term Bond ETF (BSV) and SPDR Barclays 1-3 Month T-Bill ETF (BIL).
BSV and BIL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BSV is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. 1-5 Year Government/Credit Float Adjusted Index. It was launched on Apr 3, 2007. 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 BSV 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: BSV or BIL.
Correlation
The correlation between BSV and BIL is 0.08, 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
BSV vs. BIL - Performance Comparison
Key characteristics
BSV:
2.11
BIL:
20.46
BSV:
3.24
BIL:
270.58
BSV:
1.41
BIL:
157.22
BSV:
1.85
BIL:
478.80
BSV:
8.00
BIL:
4,406.68
BSV:
0.66%
BIL:
0.00%
BSV:
2.48%
BIL:
0.26%
BSV:
-8.54%
BIL:
-0.77%
BSV:
-0.79%
BIL:
0.00%
Returns By Period
In the year-to-date period, BSV achieves a 3.85% return, which is significantly lower than BIL's 4.96% return. Both investments have delivered pretty close results over the past 10 years, with BSV having a 1.63% annualized return and BIL not far behind at 1.59%.
BSV
3.85%
0.73%
2.91%
4.55%
1.32%
1.63%
BIL
4.96%
0.40%
2.54%
5.25%
2.32%
1.59%
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BSV vs. BIL - Expense Ratio Comparison
BSV has a 0.04% expense ratio, which is lower than BIL's 0.14% expense ratio. Despite the difference, 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
BSV vs. BIL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Short-Term Bond ETF (BSV) 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.
Dividends
BSV vs. BIL - Dividend Comparison
BSV's dividend yield for the trailing twelve months is around 3.31%, less than BIL's 5.06% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Vanguard Short-Term Bond ETF | 3.31% | 2.46% | 1.50% | 1.45% | 1.79% | 2.29% | 1.99% | 1.65% | 1.49% | 1.40% | 1.45% | 1.48% |
SPDR Barclays 1-3 Month T-Bill ETF | 5.06% | 4.92% | 1.35% | 0.00% | 0.30% | 2.05% | 1.66% | 0.68% | 0.07% | 0.00% | 0.00% | 0.00% |
Drawdowns
BSV vs. BIL - Drawdown Comparison
The maximum BSV drawdown since its inception was -8.54%, which is greater than BIL's maximum drawdown of -0.77%. Use the drawdown chart below to compare losses from any high point for BSV and BIL. For additional features, visit the drawdowns tool.
Volatility
BSV vs. BIL - Volatility Comparison
Vanguard Short-Term Bond ETF (BSV) has a higher volatility of 0.49% compared to SPDR Barclays 1-3 Month T-Bill ETF (BIL) at 0.05%. This indicates that BSV'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.