RDW vs. BIL
RDW (Redwire Corporation) is a stock, while BIL (SPDR Bloomberg 1-3 Month T-Bill ETF) is Government Bonds fund tracking the Bloomberg 1-3 Month U.S. Treasury Bill Index. Over the past 3 years, RDW returned 33.64%/yr vs 4.58%/yr for BIL. At a correlation of -0.02, they often move in opposite directions.
Performance
RDW vs. BIL - Performance Comparison
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Returns By Period
In the year-to-date period, RDW achieves a 11.18% return, which is significantly higher than BIL's 1.92% return.
RDW
- 1D
- -9.72%
- 1M
- -37.41%
- 6M
- -22.19%
- YTD
- 11.18%
- 1Y
- -51.71%
- 3Y*
- 33.64%
- 5Y*
- —
- 10Y*
- —
BIL
- 1D
- 0.01%
- 1M
- 0.30%
- 6M
- 1.78%
- YTD
- 1.92%
- 1Y
- 3.81%
- 3Y*
- 4.58%
- 5Y*
- 3.50%
- 10Y*
- 2.23%
RDW vs. BIL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
RDW Redwire Corporation | 11.18% | -53.83% | 477.54% | 43.94% | -70.67% | -34.15% |
BIL SPDR Bloomberg 1-3 Month T-Bill ETF | 1.92% | 4.15% | 5.19% | 4.94% | 1.40% | -0.02% |
Correlation
The correlation between RDW and BIL is -0.06, 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 | -0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.04 |
Correlation (All Time) Calculated using the full available price history since Sep 2, 2021 | -0.02 |
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Return for Risk
RDW vs. BIL — Risk / Return Rank
RDW
BIL
RDW vs. BIL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Redwire Corporation (RDW) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| RDW | BIL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -19.46 | ||
| Sortino ratioReturn per unit of downside risk | -153.18 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 69.35 | -68.35 |
| Calmar ratioReturn relative to maximum drawdown | -0.70 | 349.26 | -349.96 |
| Martin ratioReturn relative to average drawdown | -1.00 | 2,476.82 | -2,477.81 |
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Drawdowns
RDW vs. BIL - Drawdown Comparison
The maximum RDW drawdown since its inception was -87.26%, which is greater than BIL's maximum drawdown of -0.78%. Use the drawdown chart below to compare losses from any high point for RDW and BIL.
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Drawdown Indicators
| RDW | BIL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.26% | -0.78% | -86.48% |
Max Drawdown (1Y)Largest decline over 1 year | -73.93% | -0.01% | -73.92% |
Max Drawdown (3Y)Largest decline over 3 years | -80.28% | -0.01% | -80.27% |
Max Drawdown (5Y)Largest decline over 5 years | — | -0.08% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -0.21% | — |
Current DrawdownCurrent decline from peak | -67.37% | 0.00% | -67.37% |
Average DrawdownAverage peak-to-trough decline | -59.23% | -0.26% | -58.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 51.95% | 0.00% | +51.95% |
Volatility
RDW vs. BIL - Volatility Comparison
Redwire Corporation (RDW) has a higher volatility of 24.82% compared to SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) at 0.07%. This indicates that RDW'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
| RDW | BIL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.82% | 0.07% | +24.75% |
Volatility (6M)Calculated over the trailing 6-month period | 91.58% | 0.14% | +91.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 118.36% | 0.20% | +118.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 96.72% | 0.26% | +96.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 96.72% | 0.26% | +96.46% |
Dividends
RDW vs. BIL - Dividend Comparison
RDW has not paid dividends to shareholders, while BIL's dividend yield for the trailing twelve months is around 3.81%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
BIL SPDR Bloomberg 1-3 Month T-Bill ETF | 3.81% | 4.13% | 5.03% | 4.92% | 1.35% | 0.00% | 0.30% | 2.05% | 1.66% | 0.68% | 0.07% |
RDW Redwire Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
RDW and BIL have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RDW has higher volatility (24.82%) compared to BIL (0.07%). In terms of maximum drawdown, RDW dropped -87.26% vs BIL's -0.78%.
BIL currently has the higher Sharpe Ratio (19.02 vs -0.44), 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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