TM vs. VBIL

Last updated Jun 4, 2026

TM (Toyota Motor Corporation) is a stock, while VBIL (Vanguard 0-3 Month Treasury Bill ETF) is Ultrashort Bond fund tracking the Bloomberg US Treasury Bills 0-3 Months Index. Over the past year, TM returned -4.45% vs 3.93% for VBIL. At a correlation of -0.05, they often move in opposite directions.

Performance

TM vs. VBIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Toyota Motor Corporation (TM) and Vanguard 0-3 Month Treasury Bill ETF (VBIL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TM achieves a -15.81% return, which is significantly lower than VBIL's 1.50% return.

TM

• 1D: -0.15%
• 1M: -4.29%
• YTD: -15.81%
• 6M: -7.79%
• 1Y: -4.45%
• 3Y*: 9.84%
• 5Y*: 2.29%
• 10Y*: 8.55%

VBIL

• 1D: 0.01%
• 1M: 0.29%
• YTD: 1.50%
• 6M: 1.80%
• 1Y: 3.93%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TM vs. VBIL - Yearly Performance Comparison

	2026 (YTD)	2025
TM Toyota Motor Corporation	-15.81%	19.26%
VBIL Vanguard 0-3 Month Treasury Bill ETF	1.50%	3.71%

Correlation

The correlation between TM and VBIL 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 (All Time) Calculated using the full available price history since Feb 12, 2025	-0.05

Return for Risk

TM vs. VBIL — Risk / Return Rank

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

TM

TM Risk / Return Rank: 32
TM Sharpe Ratio Rank: 34
TM Sortino Ratio Rank: 29
TM Omega Ratio Rank: 29
TM Calmar Ratio Rank: 35
TM Martin Ratio Rank: 33

VBIL

VBIL Risk / Return Rank: 100
VBIL Sharpe Ratio Rank: 100
VBIL Sortino Ratio Rank: 100
VBIL Omega Ratio Rank: 100
VBIL Calmar Ratio Rank: 99
VBIL 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.

TM vs. VBIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Toyota Motor Corporation (TM) and Vanguard 0-3 Month Treasury Bill ETF (VBIL). 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.

	TM	VBIL	Difference
Sharpe ratio: Return per unit of total volatility	-0.15	15.17	-15.32
Sortino ratio: Return per unit of downside risk	-0.02	39.11	-39.13
Omega ratio: Gain probability vs. loss probability	1.00	21.10	-20.10
Calmar ratio: Return relative to maximum drawdown	-0.16	42.61	-42.78
Martin ratio: Return relative to average drawdown	-0.42	532.54	-532.96
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TM vs. VBIL - Sharpe Ratio Comparison

The current TM Sharpe Ratio is -0.15, which is lower than the VBIL Sharpe Ratio of 15.17. The chart below compares the historical Sharpe Ratios of TM and VBIL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TM	VBIL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.15	15.17	-15.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.09	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.36	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	13.44	-13.13

Drawdowns

TM vs. VBIL - Drawdown Comparison

The maximum TM drawdown since its inception was -60.15%, which is greater than VBIL's maximum drawdown of -0.09%. Use the drawdown chart below to compare losses from any high point for TM and VBIL.

Drawdown Indicators

	TM	VBIL	Difference
Max Drawdown Largest peak-to-trough decline	-60.15%	-0.09%	-60.06%
Max Drawdown (1Y) Largest decline over 1 year	-27.42%	-0.09%	-27.33%
Max Drawdown (3Y) Largest decline over 3 years	-34.92%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-36.80%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-36.80%	—	—
Current Drawdown Current decline from peak	-27.42%	0.00%	-27.42%
Average Drawdown Average peak-to-trough decline	-20.99%	-0.00%	-20.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.75%	0.01%	+10.74%

Volatility

TM vs. VBIL - Volatility Comparison

Toyota Motor Corporation (TM) has a higher volatility of 8.10% compared to Vanguard 0-3 Month Treasury Bill ETF (VBIL) at 0.06%. This indicates that TM's price experiences larger fluctuations and is considered to be riskier than VBIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TM	VBIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.10%	0.06%	+8.04%
Volatility (6M) Calculated over the trailing 6-month period	20.34%	0.16%	+20.18%
Volatility (1Y) Calculated over the trailing 1-year period	29.19%	0.26%	+28.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.90%	0.30%	+26.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.63%	0.30%	+23.33%

Dividends

TM vs. VBIL - Dividend Comparison

TM's dividend yield for the trailing twelve months is around 1.59%, less than VBIL's 3.65% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TM Toyota Motor Corporation	1.59%	2.95%	2.81%	2.45%	2.90%	2.45%	2.74%	1.30%	3.40%	2.96%	3.23%	5.59%
VBIL Vanguard 0-3 Month Treasury Bill ETF	3.65%	3.12%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TM and VBIL in my portfolio?

TM and VBIL 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.

Which is riskier, TM or VBIL?

TM has higher volatility (8.10%) compared to VBIL (0.06%). In terms of maximum drawdown, TM dropped -60.15% vs VBIL's -0.09%.

Which has better risk-adjusted returns?

VBIL currently has the higher Sharpe Ratio (15.17 vs -0.15), 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.