XLUI vs. BIL

Last updated Jun 4, 2026

XLUI (State Street Utilities Select Sector SPDR Premium Income ETF) and BIL (SPDR Bloomberg 1-3 Month T-Bill ETF) are both exchange-traded funds - XLUI is a Utilities Equities fund actively managed by State Street, while BIL is a Government Bonds fund tracking the Bloomberg 1-3 Month U.S. Treasury Bill Index. XLUI is actively managed, while BIL is passively managed. At a 0.01 correlation, their price movements are largely independent. XLUI charges 0.35%/yr vs 0.14%/yr for BIL.

Performance

XLUI vs. BIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street Utilities Select Sector SPDR Premium Income ETF (XLUI) and SPDR Bloomberg 1-3 Month T-Bill ETF (BIL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XLUI achieves a 4.99% return, which is significantly higher than BIL's 1.49% return.

XLUI

• 1D: -0.18%
• 1M: -4.28%
• YTD: 4.99%
• 6M: 3.61%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 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%

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

XLUI vs. BIL - Yearly Performance Comparison

	2026 (YTD)	2025
XLUI State Street Utilities Select Sector SPDR Premium Income ETF	4.99%	0.51%
BIL SPDR Bloomberg 1-3 Month T-Bill ETF	1.49%	1.70%

Correlation

The correlation between XLUI and BIL 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 (All Time) Calculated using the full available price history since Jul 31, 2025	0.01

Return for Risk

XLUI vs. BIL — Risk / Return Rank

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

BIL

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

XLUI vs. BIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street Utilities Select Sector SPDR Premium Income ETF (XLUI) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	XLUI	BIL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	19.71	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	13.16	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	8.52	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	2.78	-2.18

Drawdowns

XLUI vs. BIL - Drawdown Comparison

The maximum XLUI drawdown since its inception was -6.01%, which is greater than BIL's maximum drawdown of -0.78%. Use the drawdown chart below to compare losses from any high point for XLUI and BIL.

Drawdown Indicators

	XLUI	BIL	Difference
Max Drawdown Largest peak-to-trough decline	-6.01%	-0.78%	-5.23%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.01%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-0.01%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-0.10%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-0.21%	—
Current Drawdown Current decline from peak	-4.60%	0.00%	-4.60%
Average Drawdown Average peak-to-trough decline	-1.92%	-0.26%	-1.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.00%	—

Volatility

Volatility by Period

	XLUI	BIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.05%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.13%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.12%	0.20%	+10.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.12%	0.26%	+10.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.12%	0.26%	+10.86%

XLUI vs. BIL - Expense Ratio Comparison

XLUI has a 0.35% expense ratio, which is higher than BIL's 0.14% expense ratio.

Dividends

XLUI vs. BIL - Dividend Comparison

XLUI's dividend yield for the trailing twelve months is around 12.81%, more 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%
XLUI State Street Utilities Select Sector SPDR Premium Income ETF	12.81%	7.12%	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 XLUI and BIL in my portfolio?

XLUI and BIL 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 ETF is better, XLUI or BIL?

On fees, BIL is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XLUI or BIL?

BIL is cheaper with a 0.14% expense ratio, compared with 0.35% for XLUI.

Which ETF pays a higher dividend yield, XLUI or BIL?

XLUI has the higher dividend yield at 12.81%, compared with 3.86% for BIL.

What is the main difference between XLUI and BIL?

XLUI is categorized as Utilities Equities, while BIL is Government Bonds. Their fees differ too: 0.35% for XLUI and 0.14% for BIL.