VBIL vs. VGT

Last updated Jun 5, 2026

VBIL (Vanguard 0-3 Month Treasury Bill ETF) and VGT (Vanguard Information Technology ETF) are both exchange-traded funds - VBIL is a Ultrashort Bond fund tracking the Bloomberg US Treasury Bills 0-3 Months Index, while VGT is a Technology Equities fund tracking the MSCI USA IMI Information Technology 25/50 Index. Both are passively managed. Over the past year, VBIL returned 3.93% vs 58.31% for VGT. At a 0.01 correlation, their price movements are largely independent. VBIL charges 0.07%/yr vs 0.09%/yr for VGT.

Performance

VBIL vs. VGT - Performance Comparison

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

Returns By Period

In the year-to-date period, VBIL achieves a 1.51% return, which is significantly lower than VGT's 30.49% return.

VBIL

• 1D: 0.01%
• 1M: 0.30%
• YTD: 1.51%
• 6M: 1.81%
• 1Y: 3.93%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VGT

• 1D: -0.88%
• 1M: 14.99%
• YTD: 30.49%
• 6M: 28.76%
• 1Y: 58.31%
• 3Y*: 33.33%
• 5Y*: 22.01%
• 10Y*: 25.62%

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

VBIL vs. VGT - Yearly Performance Comparison

	2026 (YTD)	2025
VBIL Vanguard 0-3 Month Treasury Bill ETF	1.51%	3.71%
VGT Vanguard Information Technology ETF	30.49%	20.56%

Correlation

The correlation between VBIL and VGT is -0.01, 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	-0.01
Correlation (All Time) Calculated using the full available price history since Feb 12, 2025	0.01

Return for Risk

VBIL vs. VGT — Risk / Return Rank

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

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

VGT

VGT Risk / Return Rank: 76
VGT Sharpe Ratio Rank: 87
VGT Sortino Ratio Rank: 80
VGT Omega Ratio Rank: 78
VGT Calmar Ratio Rank: 73
VGT Martin Ratio Rank: 64

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.

VBIL vs. VGT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard 0-3 Month Treasury Bill ETF (VBIL) and Vanguard Information Technology ETF (VGT). 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.

	VBIL	VGT	Difference
Sharpe ratio: Return per unit of total volatility	15.14	2.85	+12.29
Sortino ratio: Return per unit of downside risk	39.04	3.54	+35.51
Omega ratio: Gain probability vs. loss probability	21.07	1.46	+19.61
Calmar ratio: Return relative to maximum drawdown	42.54	3.57	+38.96
Martin ratio: Return relative to average drawdown	531.60	11.41	+520.19
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VBIL vs. VGT - Sharpe Ratio Comparison

The current VBIL Sharpe Ratio is 15.14, which is higher than the VGT Sharpe Ratio of 2.85. The chart below compares the historical Sharpe Ratios of VBIL and VGT, 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

	VBIL	VGT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	15.14	2.85	+12.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.88	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.04	—
Sharpe Ratio (All Time) Calculated using the full available price history	13.45	0.68	+12.77

Drawdowns

VBIL vs. VGT - Drawdown Comparison

The maximum VBIL drawdown since its inception was -0.09%, smaller than the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for VBIL and VGT.

Drawdown Indicators

	VBIL	VGT	Difference
Max Drawdown Largest peak-to-trough decline	-0.09%	-54.63%	+54.54%
Max Drawdown (1Y) Largest decline over 1 year	-0.09%	-16.40%	+16.31%
Max Drawdown (3Y) Largest decline over 3 years	—	-27.23%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.07%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.07%	—
Current Drawdown Current decline from peak	0.00%	-2.35%	+2.35%
Average Drawdown Average peak-to-trough decline	-0.00%	-7.95%	+7.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.01%	5.13%	-5.12%

Volatility

VBIL vs. VGT - Volatility Comparison

The current volatility for Vanguard 0-3 Month Treasury Bill ETF (VBIL) is 0.06%, while Vanguard Information Technology ETF (VGT) has a volatility of 6.51%. This indicates that VBIL experiences smaller price fluctuations and is considered to be less risky than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VBIL	VGT	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.06%	6.51%	-6.45%
Volatility (6M) Calculated over the trailing 6-month period	0.16%	16.09%	-15.93%
Volatility (1Y) Calculated over the trailing 1-year period	0.26%	20.55%	-20.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.30%	25.17%	-24.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.30%	24.60%	-24.30%

VBIL vs. VGT - Expense Ratio Comparison

VBIL has a 0.07% expense ratio, which is lower than VGT's 0.09% 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%.

Dividends

VBIL vs. VGT - Dividend Comparison

VBIL's dividend yield for the trailing twelve months is around 3.65%, more than VGT's 0.31% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
VGT Vanguard Information Technology ETF	0.31%	0.40%	0.60%	0.65%	0.91%	0.64%	0.82%	1.11%	1.29%	0.99%	1.31%	1.28%

Frequently Asked Questions

Can I hold both VBIL and VGT in my portfolio?

VBIL and VGT have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VBIL or VGT?

VGT has higher volatility (6.51%) compared to VBIL (0.06%). In terms of maximum drawdown, VBIL dropped -0.09% vs VGT's -54.63%.

Which ETF is better, VBIL or VGT?

On 1-year performance, VGT leads with 58.31% vs 3.93% for VBIL. On fees, VBIL is cheaper at 0.07% per year. On volatility, VBIL has been the lower-risk option at 0.06%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VBIL or VGT?

Over the 1-year period, VGT has performed better with a 58.31% return vs 3.93%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VBIL or VGT?

VBIL is cheaper with a 0.07% expense ratio, compared with 0.09% for VGT.

Which ETF pays a higher dividend yield, VBIL or VGT?

VBIL has the higher dividend yield at 3.65%, compared with 0.31% for VGT.

What is the main difference between VBIL and VGT?

VBIL is categorized as Ultrashort Bond, while VGT is Technology Equities. VBIL tracks Bloomberg US Treasury Bills 0-3 Months Index, while VGT tracks MSCI USA IMI Information Technology 25/50 Index. Their fees differ too: 0.07% for VBIL and 0.09% for VGT.

Which has better risk-adjusted returns?

VBIL currently has the higher Sharpe Ratio (15.14 vs 2.85), 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.