HLF vs. TBIL

Last updated Apr 1, 2026

Compare and contrast key facts about Herbalife Nutrition Ltd. (HLF) and US Treasury 3 Month Bill ETF (TBIL).

TBIL is a passively managed fund by US Benchmark Series that tracks the performance of the ICE BofA US Treasury Bill 3 Month Index. It was launched on Aug 8, 2022.

Performance

HLF vs. TBIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Herbalife Nutrition Ltd. (HLF) and US Treasury 3 Month Bill ETF (TBIL). The values are adjusted to include any dividend payments, if applicable.

HLF vs. TBIL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
HLF Herbalife Nutrition Ltd.	14.20%	92.68%	-56.16%	2.55%	-45.43%
TBIL US Treasury 3 Month Bill ETF	0.87%	4.19%	5.15%	5.12%	1.30%

Returns By Period

In the year-to-date period, HLF achieves a 14.20% return, which is significantly higher than TBIL's 0.87% return.

HLF

• 1D: 2.15%
• 1M: -24.59%
• YTD: 14.20%
• 6M: 74.41%
• 1Y: 70.57%
• 3Y*: -2.94%
• 5Y*: -20.13%
• 10Y*: -7.17%

TBIL

• 1D: 0.00%
• 1M: 0.32%
• YTD: 0.87%
• 6M: 1.89%
• 1Y: 4.05%
• 3Y*: 4.71%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

HLF vs. TBIL — Risk / Return Rank

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

HLF

HLF Risk / Return Rank: 78
HLF Sharpe Ratio Rank: 77
HLF Sortino Ratio Rank: 80
HLF Omega Ratio Rank: 73
HLF Calmar Ratio Rank: 82
HLF Martin Ratio Rank: 76

TBIL

TBIL Risk / Return Rank: 100
TBIL Sharpe Ratio Rank: 100
TBIL Sortino Ratio Rank: 100
TBIL Omega Ratio Rank: 100
TBIL Calmar Ratio Rank: 100
TBIL Martin Ratio Rank: 100

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HLF vs. TBIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Herbalife Nutrition Ltd. (HLF) and US Treasury 3 Month Bill ETF (TBIL). 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.

	HLF	TBIL	Difference
Sharpe ratio Return per unit of total volatility	1.10	14.34	-13.23
Sortino ratio Return per unit of downside risk	2.07	63.08	-61.02
Omega ratio Gain probability vs. loss probability	1.23	19.16	-17.93
Calmar ratio Return relative to maximum drawdown	2.45	204.06	-201.61
Martin ratio Return relative to average drawdown	4.73	1,017.13	-1,012.41
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HLF vs. TBIL - Sharpe Ratio Comparison

The current HLF Sharpe Ratio is 1.10, which is lower than the TBIL Sharpe Ratio of 14.34. The chart below compares the historical Sharpe Ratios of HLF and TBIL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HLF	TBIL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.10	14.34	-13.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.34	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.15	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	14.17	-14.01

Correlation

The correlation between HLF and TBIL 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.

Dividends

HLF vs. TBIL - Dividend Comparison

HLF has not paid dividends to shareholders, while TBIL's dividend yield for the trailing twelve months is around 4.28%.

	TTM	2025	2024	2023	2022
HLF Herbalife Nutrition Ltd.	0.00%	0.00%	0.00%	0.00%	0.00%
TBIL US Treasury 3 Month Bill ETF	4.28%	4.07%	5.02%	5.00%	1.10%

Drawdowns

HLF vs. TBIL - Drawdown Comparison

The maximum HLF drawdown since its inception was -91.69%, which is greater than TBIL's maximum drawdown of -0.10%. Use the drawdown chart below to compare losses from any high point for HLF and TBIL.

Drawdown Indicators

	HLF	TBIL	Difference
Max Drawdown Largest peak-to-trough decline	-91.69%	-0.10%	-91.59%
Max Drawdown (1Y) Largest decline over 1 year	-29.33%	-0.02%	-29.31%
Max Drawdown (5Y) Largest decline over 5 years	-90.79%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-91.69%	—	—
Current Drawdown Current decline from peak	-76.05%	0.00%	-76.05%
Average Drawdown Average peak-to-trough decline	-31.27%	0.00%	-31.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.19%	0.00%	+15.19%

Volatility

HLF vs. TBIL - Volatility Comparison

Herbalife Nutrition Ltd. (HLF) has a higher volatility of 16.11% compared to US Treasury 3 Month Bill ETF (TBIL) at 0.09%. This indicates that HLF's price experiences larger fluctuations and is considered to be riskier than TBIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HLF	TBIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.11%	0.09%	+16.02%
Volatility (6M) Calculated over the trailing 6-month period	44.30%	0.19%	+44.11%
Volatility (1Y) Calculated over the trailing 1-year period	64.36%	0.28%	+64.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.07%	0.32%	+59.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.50%	0.32%	+49.18%