Which returned more over the last year, SPY or VBIL?

In the year to Sep 12, 2026, with distributions reinvested, SPY returned +17.5% and VBIL returned +3.8%, so SPY returned more. One year is one year; the longer windows are in the table.

Which is cheaper, SPY or VBIL?

SPY charges 0.09% a year and VBIL charges 0.06%, so VBIL is cheaper. Fees come from each fund's prospectus.

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

ETFIQetfiq.com · independent ETF data

SPY vs VBIL: how they differ

SPY and VBIL hold 0% of their weight in the same names, and SPY returned more over the year.

SPDR S&P 500 ETF Trust and Vanguard 0-3 Month Treasury Bill ETF.

What they hold in common

By the books each fund has filed, SPY and VBIL hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in SPY	Only in VBIL
NVIDIA Corp. 7.52%	United States Treasury Bill 6.78%
Apple, Inc. 6.59%	United States Treasury Bill 6.10%
Microsoft Corp. 4.30%	United States Treasury Bill 5.61%
Amazon.com, Inc. 3.62%	United States Treasury Bill 5.41%
Alphabet, Inc. 3.25%	United States Treasury Bill 5.18%
Broadcom, Inc. 2.77%	United States Treasury Bill 5.17%
Alphabet, Inc. 2.59%	United States Treasury Bill 5.15%
Micron Technology, Inc. 2.02%	United States Treasury Bill 5.13%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026.

SPY and VBIL on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
	SPY SPDR S&P 500 ETF Trust	VBIL Vanguard 0-3 Month Treasury Bill ETF
Where it sits	Core index fund	Core index fund
Issuer	State Street	Vanguard
What it is	S&P 500, book from IVV	0-3 Month Treasury Bill
Total return, 1 year	+17.5%	+3.8%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	0.0 pts	−13.7 pts
Expense ratio	0.09%	0.06%
Holdings	504	26

SPY in plain words

SPY is an index equity fund tracking the S&P 500. Over the year to Sep 11, 2026 it returned +17.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.09% a year. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 504 positions, with the top ten at 36.4%.

VBIL in plain words

VBIL is a cash and treasury bills tracking the 0-3 Month Treasury Bill. Over the year to Sep 11, 2026 it returned +3.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.06% a year.

Questions people ask

Which returned more over the last year, SPY or VBIL?: In the year to Sep 12, 2026, with distributions reinvested, SPY returned +17.5% and VBIL returned +3.8%, so SPY returned more. One year is one year; the longer windows are in the table.
Which is cheaper, SPY or VBIL?: SPY charges 0.09% a year and VBIL charges 0.06%, so VBIL 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.

SPY against VBIL, 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, SPY against VBIL, data as of Sep 12, 2026. https://etfiq.com/compare/any/SPY-VBIL Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources