WBIG vs. BIL
WBIG (WBI BullBear Yield 3000 ETF) and BIL (SPDR Bloomberg 1-3 Month T-Bill ETF) are both exchange-traded funds - WBIG is a Global Equities fund actively managed by WBI, while BIL is a Government Bonds fund tracking the Bloomberg 1-3 Month U.S. Treasury Bill Index. WBIG is actively managed, while BIL is passively managed. Over the past 10 years, WBIG returned 4.07%/yr vs 2.20%/yr for BIL. At a correlation of -0.01, they often move in opposite directions. WBIG charges 1.14%/yr vs 0.14%/yr for BIL.
Performance
WBIG vs. BIL - Performance Comparison
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Returns By Period
In the year-to-date period, WBIG achieves a 9.67% return, which is significantly higher than BIL's 1.67% return. Over the past 10 years, WBIG has outperformed BIL with an annualized return of 4.07%, while BIL has yielded a comparatively lower 2.20% annualized return.
WBIG
- 1D
- -0.58%
- 1M
- 3.64%
- YTD
- 9.67%
- 6M
- 8.81%
- 1Y
- 19.97%
- 3Y*
- 5.76%
- 5Y*
- 1.17%
- 10Y*
- 4.07%
BIL
- 1D
- 0.01%
- 1M
- 0.28%
- YTD
- 1.67%
- 6M
- 1.76%
- 1Y
- 3.84%
- 3Y*
- 4.60%
- 5Y*
- 3.45%
- 10Y*
- 2.20%
WBIG vs. BIL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WBIG WBI BullBear Yield 3000 ETF | 9.67% | -0.39% | 5.87% | -2.68% | -7.68% | 16.04% | -3.30% | 6.85% | -8.46% | 25.62% |
BIL SPDR Bloomberg 1-3 Month T-Bill ETF | 1.67% | 4.15% | 5.19% | 4.94% | 1.40% | -0.10% | 0.40% | 2.03% | 1.74% | 0.69% |
Correlation
The correlation between WBIG and BIL is -0.05, 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 | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.03 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.02 |
Correlation (All Time) Calculated using the full available price history since Aug 27, 2014 | -0.01 |
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Return for Risk
WBIG vs. BIL — Risk / Return Rank
WBIG
BIL
WBIG vs. BIL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WBI BullBear Yield 3000 ETF (WBIG) 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.
| WBIG | BIL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -17.34 | ||
| Sortino ratioReturn per unit of downside risk | -169.82 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 87.16 | -85.80 |
| Calmar ratioReturn relative to maximum drawdown | 3.96 | 352.24 | -348.28 |
| Martin ratioReturn relative to average drawdown | 12.33 | 2,793.11 | -2,780.78 |
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Drawdowns
WBIG vs. BIL - Drawdown Comparison
The maximum WBIG drawdown since its inception was -25.32%, which is greater than BIL's maximum drawdown of -0.78%. Use the drawdown chart below to compare losses from any high point for WBIG and BIL.
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Drawdown Indicators
| WBIG | BIL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.32% | -0.78% | -24.54% |
Max Drawdown (1Y)Largest decline over 1 year | -5.06% | -0.01% | -5.05% |
Max Drawdown (3Y)Largest decline over 3 years | -20.20% | -0.01% | -20.19% |
Max Drawdown (5Y)Largest decline over 5 years | -25.32% | -0.09% | -25.23% |
Max Drawdown (10Y)Largest decline over 10 years | -25.32% | -0.21% | -25.11% |
Current DrawdownCurrent decline from peak | -3.95% | 0.00% | -3.95% |
Average DrawdownAverage peak-to-trough decline | -10.89% | -0.26% | -10.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.62% | 0.00% | +1.62% |
Volatility
WBIG vs. BIL - Volatility Comparison
WBI BullBear Yield 3000 ETF (WBIG) has a higher volatility of 3.77% compared to SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) at 0.07%. This indicates that WBIG'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
| WBIG | BIL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.77% | 0.07% | +3.70% |
Volatility (6M)Calculated over the trailing 6-month period | 6.95% | 0.14% | +6.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.12% | 0.20% | +9.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.05% | 0.26% | +11.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.57% | 0.26% | +11.31% |
WBIG vs. BIL - Expense Ratio Comparison
WBIG has a 1.14% expense ratio, which is higher than BIL's 0.14% expense ratio.
Dividends
WBIG vs. BIL - Dividend Comparison
WBIG's dividend yield for the trailing twelve months is around 1.20%, less than BIL's 3.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIL SPDR Bloomberg 1-3 Month T-Bill ETF | 3.85% | 4.13% | 5.03% | 4.92% | 1.35% | 0.00% | 0.30% | 2.05% | 1.66% | 0.68% | 0.07% | 0.00% |
WBIG WBI BullBear Yield 3000 ETF | 1.20% | 1.74% | 2.05% | 1.74% | 1.29% | 2.94% | 0.90% | 1.87% | 1.20% | 1.27% | 0.96% | 1.41% |
Frequently Asked Questions
WBIG and BIL have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WBIG has higher volatility (3.77%) compared to BIL (0.07%). In terms of maximum drawdown, WBIG dropped -25.32% vs BIL's -0.78%.
On 10-year performance, WBIG leads with 4.07% vs 2.20% for BIL. On fees, BIL is cheaper at 0.14% per year. On volatility, BIL has been the lower-risk option at 0.07%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, WBIG has performed better with a 4.07% return vs 2.20%. 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 1.14% for WBIG.
BIL has the higher dividend yield at 3.85%, compared with 1.20% for WBIG.
WBIG is categorized as Global Equities, while BIL is Government Bonds. They also come from different issuers: WBI and State Street. Their fees differ too: 1.14% for WBIG and 0.14% for BIL.
BIL currently has the higher Sharpe Ratio (19.32 vs 1.98), 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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