KOMP vs. BIL
KOMP (SPDR S&P Kensho New Economies Composite ETF) and BIL (SPDR Bloomberg 1-3 Month T-Bill ETF) are both exchange-traded funds - KOMP is a Mid Cap Growth Equities fund tracking the S&P Kensho New Economies Composite Index, while BIL is a Government Bonds fund tracking the Bloomberg 1-3 Month U.S. Treasury Bill Index. Both are passively managed. Over the past 5 years, KOMP returned 3.36%/yr vs 3.41%/yr for BIL. At a correlation of -0.01, they often move in opposite directions. KOMP charges 0.20%/yr vs 0.14%/yr for BIL.
Performance
KOMP vs. BIL - Performance Comparison
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Returns By Period
In the year-to-date period, KOMP achieves a 23.59% return, which is significantly higher than BIL's 1.49% return.
KOMP
- 1D
- -2.06%
- 1M
- 11.27%
- YTD
- 23.59%
- 6M
- 21.48%
- 1Y
- 46.75%
- 3Y*
- 21.79%
- 5Y*
- 3.36%
- 10Y*
- —
BIL
- 1D
- 0.02%
- 1M
- 0.28%
- YTD
- 1.49%
- 6M
- 1.77%
- 1Y
- 3.87%
- 3Y*
- 4.64%
- 5Y*
- 3.41%
- 10Y*
- 2.18%
KOMP vs. BIL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
KOMP SPDR S&P Kensho New Economies Composite ETF | 23.59% | 19.74% | 10.05% | 20.09% | -32.21% | 3.67% | 61.28% | 37.12% | -10.32% |
BIL SPDR Bloomberg 1-3 Month T-Bill ETF | 1.49% | 4.15% | 5.19% | 4.94% | 1.40% | -0.10% | 0.40% | 2.03% | 0.41% |
Correlation
The correlation between KOMP and BIL is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.00 |
Correlation (All Time) Calculated using the full available price history since Oct 24, 2018 | -0.01 |
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Return for Risk
KOMP vs. BIL — Risk / Return Rank
KOMP
BIL
KOMP vs. BIL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Kensho New Economies Composite ETF (KOMP) and SPDR Bloomberg 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.
| KOMP | BIL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -17.68 | ||
| Sortino ratioReturn per unit of downside risk | -171.49 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 87.91 | -86.57 |
| Calmar ratioReturn relative to maximum drawdown | 3.03 | 355.35 | -352.32 |
| Martin ratioReturn relative to average drawdown | 9.86 | 2,817.77 | -2,807.91 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| KOMP | BIL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.03 | 19.71 | -17.68 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.14 | 13.16 | -13.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 8.52 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 2.78 | -2.25 |
Drawdowns
KOMP vs. BIL - Drawdown Comparison
The maximum KOMP drawdown since its inception was -50.06%, which is greater than BIL's maximum drawdown of -0.78%. Use the drawdown chart below to compare losses from any high point for KOMP and BIL.
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Drawdown Indicators
| KOMP | BIL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.06% | -0.78% | -49.28% |
Max Drawdown (1Y)Largest decline over 1 year | -15.50% | -0.01% | -15.49% |
Max Drawdown (3Y)Largest decline over 3 years | -24.93% | -0.01% | -24.92% |
Max Drawdown (5Y)Largest decline over 5 years | -45.38% | -0.10% | -45.28% |
Max Drawdown (10Y)Largest decline over 10 years | — | -0.21% | — |
Current DrawdownCurrent decline from peak | -2.06% | 0.00% | -2.06% |
Average DrawdownAverage peak-to-trough decline | -21.69% | -0.26% | -21.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.75% | 0.00% | +4.75% |
Volatility
KOMP vs. BIL - Volatility Comparison
SPDR S&P Kensho New Economies Composite ETF (KOMP) has a higher volatility of 7.43% compared to SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) at 0.05%. This indicates that KOMP'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.
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Volatility by Period
| KOMP | BIL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.43% | 0.05% | +7.38% |
Volatility (6M)Calculated over the trailing 6-month period | 17.95% | 0.13% | +17.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.15% | 0.20% | +22.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.78% | 0.26% | +24.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.02% | 0.26% | +26.76% |
KOMP vs. BIL - Expense Ratio Comparison
KOMP has a 0.20% expense ratio, which is higher than BIL's 0.14% 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%.
Dividends
KOMP vs. BIL - Dividend Comparison
KOMP's dividend yield for the trailing twelve months is around 1.43%, less than BIL's 3.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
BIL SPDR Bloomberg 1-3 Month T-Bill ETF | 3.86% | 4.13% | 5.03% | 4.92% | 1.35% | 0.00% | 0.30% | 2.05% | 1.66% | 0.68% | 0.07% |
KOMP SPDR S&P Kensho New Economies Composite ETF | 1.43% | 1.84% | 1.04% | 1.27% | 1.47% | 1.44% | 0.69% | 0.81% | 0.13% | 0.00% | 0.00% |
Frequently Asked Questions
KOMP and BIL have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KOMP has higher volatility (7.43%) compared to BIL (0.05%). In terms of maximum drawdown, KOMP dropped -50.06% vs BIL's -0.78%.
On 5-year performance, BIL leads with 3.41% vs 3.36% for KOMP. On fees, BIL is cheaper at 0.14% per year. On volatility, BIL has been the lower-risk option at 0.05%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, BIL has performed better with a 3.41% return vs 3.36%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BIL is cheaper with a 0.14% expense ratio, compared with 0.20% for KOMP.
BIL has the higher dividend yield at 3.86%, compared with 1.43% for KOMP.
KOMP is categorized as Mid Cap Growth Equities, while BIL is Government Bonds. KOMP tracks S&P Kensho New Economies Composite Index, while BIL tracks Bloomberg 1-3 Month U.S. Treasury Bill Index. Their fees differ too: 0.20% for KOMP and 0.14% for BIL.
BIL currently has the higher Sharpe Ratio (19.71 vs 2.03), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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