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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

VBIL vs VGSH: how they differ

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

Vanguard 0-3 Month Treasury Bill ETF and Vanguard Short-Term Treasury Index Fund.

What they hold in common

By the books each fund has filed, VBIL and VGSH 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 VBILOnly in VGSH
United States Treasury Bill 6.78%United States Treasury Note/Bond 2.26%
United States Treasury Bill 6.10%United States Treasury Note/Bond 1.41%
United States Treasury Bill 5.61%United States Treasury Note/Bond 1.36%
United States Treasury Bill 5.41%United States Treasury Note/Bond 1.32%
United States Treasury Bill 5.18%United States Treasury Note/Bond 1.31%
United States Treasury Bill 5.17%United States Treasury Note/Bond 1.30%
United States Treasury Bill 5.15%United States Treasury Note/Bond 1.27%
United States Treasury Bill 5.13%United States Treasury Note/Bond 1.27%

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 and May 31, 2026.

VBIL and VGSH on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
VBIL
Vanguard 0-3 Month Treasury Bill ETF
VGSH
Vanguard Short-Term Treasury Index Fund
Where it sitsCore index fundCore index fund
IssuerVanguardVanguard
What it is0-3 Month Treasury BillShort-Term Treasury
Total return, 1 year+3.8%+1.8%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−13.7 pts−15.7 pts
Expense ratio0.06%0.03%
Holdings2691

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.

VGSH in plain words

VGSH is a bond fund tracking the Short-Term Treasury. Over the year to Sep 11, 2026 it returned +1.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year.

Questions people ask

Which returned more over the last year, VBIL or VGSH?
In the year to Sep 12, 2026, with distributions reinvested, VBIL returned +3.8% and VGSH returned +1.8%, so VBIL returned more. One year is one year; the longer windows are in the table.
Which is cheaper, VBIL or VGSH?
VBIL charges 0.06% a year and VGSH charges 0.03%, so VGSH 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.

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

A comparison is not a recommendation. Standards and sources