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GBIL vs. BIL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GBIL and BIL is 0.00, 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

GBIL vs. BIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) and SPDR Barclays 1-3 Month T-Bill ETF (BIL). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

GBIL:

15.68

BIL:

20.66

Sortino Ratio

GBIL:

54.13

BIL:

248.33

Omega Ratio

GBIL:

18.07

BIL:

142.08

Calmar Ratio

GBIL:

30.69

BIL:

438.29

Martin Ratio

GBIL:

698.15

BIL:

4,035.58

Ulcer Index

GBIL:

0.01%

BIL:

0.00%

Daily Std Dev

GBIL:

0.31%

BIL:

0.23%

Max Drawdown

GBIL:

-0.76%

BIL:

-0.77%

Current Drawdown

GBIL:

0.00%

BIL:

0.00%

Returns By Period

In the year-to-date period, GBIL achieves a 1.45% return, which is significantly lower than BIL's 1.56% return.


GBIL

YTD

1.45%

1M

0.32%

6M

2.13%

1Y

4.83%

5Y*

2.50%

10Y*

N/A

BIL

YTD

1.56%

1M

0.35%

6M

2.14%

1Y

4.75%

5Y*

2.58%

10Y*

1.78%

*Annualized

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GBIL vs. BIL - Expense Ratio Comparison

GBIL has a 0.12% 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

GBIL vs. BIL — Risk-Adjusted Performance Rank

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

GBIL
The Risk-Adjusted Performance Rank of GBIL is 100100
Overall Rank
The Sharpe Ratio Rank of GBIL is 100100
Sharpe Ratio Rank
The Sortino Ratio Rank of GBIL is 100100
Sortino Ratio Rank
The Omega Ratio Rank of GBIL is 100100
Omega Ratio Rank
The Calmar Ratio Rank of GBIL is 9999
Calmar Ratio Rank
The Martin Ratio Rank of GBIL is 100100
Martin Ratio Rank

BIL
The Risk-Adjusted Performance Rank of BIL is 100100
Overall Rank
The Sharpe Ratio Rank of BIL is 100100
Sharpe Ratio Rank
The Sortino Ratio Rank of BIL is 100100
Sortino Ratio Rank
The Omega Ratio Rank of BIL is 100100
Omega Ratio Rank
The Calmar Ratio Rank of BIL is 100100
Calmar Ratio Rank
The Martin Ratio Rank of BIL is 100100
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

GBIL vs. BIL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) 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.


The current GBIL Sharpe Ratio is 15.68, which is comparable to the BIL Sharpe Ratio of 20.66. The chart below compares the historical Sharpe Ratios of GBIL and BIL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

GBIL vs. BIL - Dividend Comparison

GBIL's dividend yield for the trailing twelve months is around 4.62%, less than BIL's 4.68% yield.


TTM202420232022202120202019201820172016
GBIL
Goldman Sachs Access Treasury 0-1 Year ETF
4.62%4.93%4.77%1.37%0.00%0.81%2.20%1.70%0.74%0.11%
BIL
SPDR Barclays 1-3 Month T-Bill ETF
4.68%5.03%4.92%1.35%0.00%0.30%2.05%1.66%0.68%0.07%

Drawdowns

GBIL vs. BIL - Drawdown Comparison

The maximum GBIL drawdown since its inception was -0.76%, roughly equal to the maximum BIL drawdown of -0.77%. Use the drawdown chart below to compare losses from any high point for GBIL and BIL. For additional features, visit the drawdowns tool.


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Volatility

GBIL vs. BIL - Volatility Comparison

Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) and SPDR Barclays 1-3 Month T-Bill ETF (BIL) have volatilities of 0.07% and 0.07%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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