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Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

BIL vs MTUM: how they differ

BIL is a short-term Treasury fund and MTUM an equity index fund, and over the year MTUM returned more, +21.8% against +3.7%.

SPDR Bloomberg 1-3 Month T-Bill ETF and iShares MSCI USA Momentum Factor ETF.

BIL and MTUM on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
BIL
SPDR Bloomberg 1-3 Month T-Bill ETF
MTUM
iShares MSCI USA Momentum Factor ETF
Where it sitsCore index fundCore index fund
IssuerState StreetiShares
What it is1-3 month T-billsMSCI USA Momentum Factor
Total return, 1 year+3.7%+21.8%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−13.8 pts+4.3 pts
Expense ratio0.14%0.15%
Holdingsnot filed125

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.

MTUM in plain words

MTUM is an index equity fund tracking the MSCI USA Momentum Factor. Over the year to Sep 11, 2026 it returned +21.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Apr 30, 2026, 98% of the fund by weight is stocks the S&P 500 also holds, across 125 positions, with the top ten at 40.5%. It sat 11.1% below its high of Jun 22, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, BIL or MTUM?
In the year to Sep 12, 2026, with distributions reinvested, BIL returned +3.7% and MTUM returned +21.8%, so MTUM returned more. One year is one year; the longer windows are in the table.
Which is cheaper, BIL or MTUM?
BIL charges 0.14% a year and MTUM charges 0.15%, 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.

BIL against MTUM, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, BIL against MTUM, data as of Sep 12, 2026. https://etfiq.com/compare/any/BIL-MTUM Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources