Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
AVEM vs BIL: how they differ
AVEM is an equity index fund and BIL a short-term Treasury fund, and over the year AVEM returned more, +31.8% against +3.7%.
Avantis Emerging Markets Equity ETF and SPDR Bloomberg 1-3 Month T-Bill ETF.
| AVEM Avantis Emerging Markets Equity ETF | BIL SPDR Bloomberg 1-3 Month T-Bill ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Avantis | State Street |
| What it is | Emerging Markets Equity | 1-3 month T-bills |
| Total return, 1 year | +31.8% | +3.7% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +14.3 pts | −13.8 pts |
| Expense ratio | 0.33% | 0.14% |
| Holdings | 3897 | not filed |
AVEM in plain words
AVEM is an index equity fund tracking the Emerging Markets Equity. Over the year to Sep 11, 2026 it returned +31.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.33% a year. By its holdings filed for May 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 3897 positions, with the top ten at 29.9%. It sat 4.2% below its high of Jun 22, 2026 on Sep 11, 2026.
BIL in plain words
BIL is a cash and treasury bills tracking the 1-3 month T-bills. Over the year to Sep 11, 2026 it returned +3.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.14% a year.
Questions people ask
- Which returned more over the last year, AVEM or BIL?
- In the year to Sep 12, 2026, with distributions reinvested, AVEM returned +31.8% and BIL returned +3.7%, so AVEM returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, AVEM or BIL?
- AVEM charges 0.33% a year and BIL charges 0.14%, so BIL is cheaper. Fees come from each fund's prospectus.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, AVEM against BIL, data as of Sep 12, 2026. https://etfiq.com/compare/any/AVEM-BIL Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources