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YEAR vs. BIL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between YEAR and BIL is -0.04. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Performance

YEAR vs. BIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AB Ultra Short Income ETF (YEAR) and SPDR Barclays 1-3 Month T-Bill ETF (BIL). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

YEAR:

5.03

BIL:

20.77

Sortino Ratio

YEAR:

9.61

BIL:

250.17

Omega Ratio

YEAR:

2.37

BIL:

145.44

Calmar Ratio

YEAR:

13.77

BIL:

441.43

Martin Ratio

YEAR:

76.37

BIL:

4,066.20

Ulcer Index

YEAR:

0.07%

BIL:

0.00%

Daily Std Dev

YEAR:

1.04%

BIL:

0.23%

Max Drawdown

YEAR:

-0.61%

BIL:

-0.77%

Current Drawdown

YEAR:

-0.16%

BIL:

0.00%

Returns By Period

In the year-to-date period, YEAR achieves a 1.66% return, which is significantly higher than BIL's 1.48% return.


YEAR

YTD

1.66%

1M

0.42%

6M

2.33%

1Y

5.27%

5Y*

N/A

10Y*

N/A

BIL

YTD

1.48%

1M

0.31%

6M

2.11%

1Y

4.76%

5Y*

2.57%

10Y*

1.77%

*Annualized

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YEAR vs. BIL - Expense Ratio Comparison

YEAR has a 0.25% expense ratio, which is higher than BIL's 0.14% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Risk-Adjusted Performance

YEAR vs. BIL — Risk-Adjusted Performance Rank

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

YEAR
The Risk-Adjusted Performance Rank of YEAR is 9999
Overall Rank
The Sharpe Ratio Rank of YEAR is 9999
Sharpe Ratio Rank
The Sortino Ratio Rank of YEAR is 9999
Sortino Ratio Rank
The Omega Ratio Rank of YEAR is 9999
Omega Ratio Rank
The Calmar Ratio Rank of YEAR is 9999
Calmar Ratio Rank
The Martin Ratio Rank of YEAR is 9999
Martin Ratio Rank

BIL
The Risk-Adjusted Performance Rank of BIL is 100100
Overall Rank
The Sharpe Ratio Rank of BIL is 100100
Sharpe Ratio Rank
The Sortino Ratio Rank of BIL is 100100
Sortino Ratio Rank
The Omega Ratio Rank of BIL is 100100
Omega Ratio Rank
The Calmar Ratio Rank of BIL is 100100
Calmar Ratio Rank
The Martin Ratio Rank of BIL is 100100
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

YEAR vs. BIL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for AB Ultra Short Income ETF (YEAR) and SPDR Barclays 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.


The current YEAR Sharpe Ratio is 5.03, which is lower than the BIL Sharpe Ratio of 20.77. The chart below compares the historical Sharpe Ratios of YEAR and BIL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

YEAR vs. BIL - Dividend Comparison

YEAR has not paid dividends to shareholders, while BIL's dividend yield for the trailing twelve months is around 4.69%.


TTM202420232022202120202019201820172016
YEAR
AB Ultra Short Income ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
BIL
SPDR Barclays 1-3 Month T-Bill ETF
4.69%5.03%4.92%1.35%0.00%0.30%2.05%1.66%0.68%0.07%

Drawdowns

YEAR vs. BIL - Drawdown Comparison

The maximum YEAR drawdown since its inception was -0.61%, smaller than the maximum BIL drawdown of -0.77%. Use the drawdown chart below to compare losses from any high point for YEAR and BIL. For additional features, visit the drawdowns tool.


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Volatility

YEAR vs. BIL - Volatility Comparison

AB Ultra Short Income ETF (YEAR) has a higher volatility of 0.37% compared to SPDR Barclays 1-3 Month T-Bill ETF (BIL) at 0.07%. This indicates that YEAR'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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