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

In the year to Oct 28, 2026, with distributions reinvested, BIL returned +3.7% and BOND −1.4%.

Which is cheaper, BIL or BOND?

BIL is cheaper, by 0.40 percentage points a year. That is about $40 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

BIL vs BOND: Differences, Returns & Fees

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Over the year to Oct 28, 2026, BIL returned +3.7% to BOND's −1.4%, and BIL charges 0.14% to BOND's 0.54%.

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Net assets: $48.7bn on Oct 27, 2026 for SPDR Bloomberg 1-3 Month T-Bill ETF, and $8.3bn on Jun 30, 2026 for PIMCO Active Bond Exchange-Traded Fund.

BIL on its own →BOND on its own →

At a glance

+3.7%

BIL total return, 1 year

−1.4%

BOND total return, 1 year

0.14%

BIL expense ratio

0.54%

BOND expense ratio

Pair scorecard

BIL costs 0.40 points a year less; their one-year returns differ by 5.1 points.

BIL vs BOND: Differences, Returns & Fees
Measure	BIL	BOND
Return
Measure	BIL	BOND
Total return, 1 year	+3.7%	−1.4%
Drawdown
Measure	BIL	BOND
Below its high		3.1%, high on Feb 27, 2026
Benchmark
Measure	BIL	BOND
What it tracks	Bloomberg 1-3 Month U.S. Treasury Bill Index	No index, actively managed
Cost and size
Measure	BIL	BOND
Expense ratio	0.14%	0.54%
Net assets, BIL as of Oct 27, 2026 and BOND as of Jun 30, 2026	$48.7bn	$8.3bn
Holdings
Measure	BIL	BOND
Holdings in common	0%

Holdings in common uses holdings dated Jun 30, 2026. Method

What they share

By the books each fund has filed, BIL and BOND hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first BIL BOND

Only in one fund ↓

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 Sep 24, 2026 6.97%

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

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

Only in BOND

Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 5.56%

PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund 4.07%

Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 3.46%

U.S. Treasury Bonds, due Feb 15, 2043 3.39%

Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 2.73%

U.S. Treasury Bonds, due Nov 15, 2045 2.57%

Uniform Mortgage-Backed Security, TBA, due Sep 1, 2056 2.54%

Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 2.27%

Check overlap with more funds →

Side by side

BIL SPDR Bloomberg 1-3 Month T-Bill ETF BOND PIMCO Active Bond 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% −1.4%

Its benchmark over the same days not measured −1.4% (AGG)

Gap to its benchmark not measured 0.0 pts vs AGG

Expense ratio 0.14% 0.54%

Holdings 26 1565

Net assets, BIL as of Oct 27, 2026 and BOND as of Jun 30, 2026 $48.7bn $8.3bn

BIL and BOND on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Alert

About each fund

BIL

BIL tracks an index of 1-3 month T-bills. Over the year to Oct 28, 2026 it returned +3.7% with distributions reinvested. The prospectus expense ratio is 0.14% a year.

BOND

BOND is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned −1.4% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg U.S. Aggregate Index. The prospectus expense ratio is 0.54% a year. It sat 3.1% below its high of Feb 27, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, BIL or BOND?: In the year to Oct 28, 2026, with distributions reinvested, BIL returned +3.7% and BOND −1.4%.
Which is cheaper, BIL or BOND?: BIL is cheaper, by 0.40 percentage points a year. That is about $40 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

BIL vs IUSB BIL vs GBIL BIL vs ICSH BIL vs TBIL BOND vs SHV BOND vs PULS BOND vs USFR BOND vs MINT

Where to next

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

Sources and dates

BIL filings on SEC EDGAR ↗

BIL prospectus with the expense ratio (SEC) ↗

State Street website ↗

BOND filings on SEC EDGAR ↗

BOND prospectus with the expense ratio (SEC) ↗

PIMCO website ↗

Links are sources, not endorsements. 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 BOND, data as of Oct 28, 2026. https://etfiq.com/compare/any/bil-vs-bond

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