Which returned more over the last year, BIL or BILZ?

In the year to Oct 20, 2026, with distributions reinvested, BIL returned +3.7% and BILZ +3.7%.

Which is cheaper, BIL or BILZ?

Neither: BIL and BILZ both charge 0.14% a year. Fees come from each fund's prospectus.

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BIL vs BILZ: Differences, Returns & Fees

On Jun 30, 2026 BIL's duration was 0.2 years and BILZ's 0.2; both charge 0.14%. Net assets: $51.1bn on Oct 20, 2026 for SPDR Bloomberg 1-3 Month T-Bill ETF, and $1.0bn on Jun 30, 2026 for PIMCO Ultra Short Government Active Exchange-Traded Fund.

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Answers cite the figures on this page.

Both cost 0.14% a year; both returned +3.7% over a year; BIL is far larger, $47.1bn against $1.0bn.

BIL vs BILZ: Differences, Returns & Fees
	BIL	BILZ
Expense ratio	0.14%	0.14%
Net assets, as of Jun 30, 2026	$47.1bn	$1.0bn
Total return, 1 year	+3.7%	+3.7%
What it tracks	1-3 month T-bills	No index, actively managed
Holdings in common	17%

Holdings in common uses holdings dated Jun 30, 2026.

+3.7%

BIL total return, 1 year

+3.7%

BILZ total return, 1 year

0.14%

BIL expense ratio

0.14%

BILZ expense ratio

Client brief · page 1 of 2Report BR-37E8CA80AD

BIL and BILZ are built for the same job. How do they differ in cost, holdings and results?

What each follows. BIL follows 1-3 month T-bills and BILZ follows No index, actively managed.
Holdings in common. 17% of the weight is in the same securities (holdings dated Jun 30, 2026).
Size. BIL has $47.1bn in net assets and BILZ $1.0bn (net assets, as of Jun 30, 2026); BIL is 47.1 times larger.

Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.

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What they hold in common

By the books each fund has filed, BIL and BILZ hold 17% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026.

50%

half

17% in common

Positions both hold, largest shared weight first

Holding BIL BILZ

U.S. Treasury Bills, due Sep 24, 2026 6.97% 45.05%

U.S. Treasury Bills, due Aug 4, 2026 5.57% 15.43%

U.S. Treasury Bills, due Aug 18, 2026 4.67% 13.15%

Only in BIL

U.S. Treasury Bills, due Aug 6, 2026 12.04%

U.S. Treasury Bills, due Sep 3, 2026 9.04%

U.S. Treasury Bills, due Aug 27, 2026 7.22%

U.S. Treasury Bills, due Sep 17, 2026 7.03%

U.S. Treasury Bills, due Sep 10, 2026 6.98%

U.S. Treasury Bills, due Aug 13, 2026 6.85%

U.S. Treasury Bills, due Aug 20, 2026 6.49%

U.S. Treasury Bills, due Aug 25, 2026 6.00%

Only in BILZ

U.S. Treasury Bills, due Oct 27, 2026 26.38%

U.S. Treasury Bills, due Jul 21, 2026 21.33%

Check overlap with more funds →

On the same fields

BIL

SPDR Bloomberg 1-3 Month T-Bill ETF

BILZ

PIMCO Ultra Short Government Active Exchange-Traded Fund

Where it sits Bond ETF Bond ETF

Issuer State Street PIMCO

What it is Tracks an index of 1-3 month T-bills Actively managed

Total return, 1 year +3.7% +3.7%

Expense ratio 0.14% 0.14%

Holdings 18 not counted

Net assets, BIL as of Oct 20, 2026 and BILZ as of Jun 30, 2026 $51.1bn $1.0bn

BIL and BILZ on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About BIL

BIL tracks an index of 1-3 month T-bills. Over the year to Oct 20, 2026 it returned +3.7% with distributions reinvested. The prospectus expense ratio is 0.14% a year.

About BILZ

BILZ is actively managed and tracks no index.

Questions people ask

Which returned more over the last year, BIL or BILZ?: In the year to Oct 20, 2026, with distributions reinvested, BIL returned +3.7% and BILZ +3.7%.
Which is cheaper, BIL or BILZ?: Neither: BIL and BILZ both charge 0.14% a year. Fees come from each fund's prospectus.

Other comparisons

BIL vs VGUS BIL vs RAVI BIL vs YEAR BIL vs GSST BILZ vs JPST BILZ vs SHV BILZ vs SGOV BILZ vs PULS

BIL on its own →BILZ on its own →Hold both: look the portfolio through →Rankings →BIL dividend history →BIL holdings →BILZ dividend history →Standards and sources →

Where these figures came from

BIL filings on SEC EDGAR ↗BIL prospectus with the expense ratio (SEC) ↗State Street website ↗BILZ filings on SEC EDGAR ↗BILZ prospectus with the expense ratio (SEC) ↗PIMCO website ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, BIL against BILZ, data as of Oct 20, 2026. https://etfiq.com/compare/any/bil-vs-bilz

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.