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

In the year to Oct 28, 2026, with distributions reinvested, BIL returned +3.7% and COWZ +24.4%.

Which is cheaper, BIL or COWZ?

BIL is cheaper, by 0.35 percentage points a year. That is about $35 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

BIL vs COWZ: Differences, Returns & Fees

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Over the year to Oct 28, 2026, BIL returned +3.7% to COWZ's +24.4%; 0% of their weight is in the same names.

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Net assets on Oct 27, 2026: $48.7bn for SPDR Bloomberg 1-3 Month T-Bill ETF and $19.5bn for Pacer US Cash Cows 100 ETF.

BIL on its own →COWZ on its own →

At a glance

+3.7%

BIL total return, 1 year

+24.4%

COWZ total return, 1 year

0.14%

BIL expense ratio

0.49%

COWZ expense ratio

Pair scorecard

BIL costs 0.35 points a year less; their one-year returns differ by 20.7 points; BIL is 2.5 times larger.

BIL vs COWZ: Differences, Returns & Fees
Measure	BIL	COWZ
Return
Measure	BIL	COWZ
Total return, 1 year	+3.7%	+24.4%
Benchmark
Measure	BIL	COWZ
What it tracks	Bloomberg 1-3 Month U.S. Treasury Bill Index	Pacer US Cash Cows 100 Index
Cost and size
Measure	BIL	COWZ
Expense ratio	0.14%	0.49%
Net assets, as of Oct 27, 2026	$48.7bn	$19.5bn
Holdings
Measure	BIL	COWZ
Holdings in common	0%
In the S&P 500, by weight		95%
Top ten holdings, share of the fund		20.4%

Holdings in common uses holdings dated Jul 31, 2026 and Oct 27, 2026. Method

What they share

By the books each fund has filed, BIL and COWZ hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Oct 27, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first BIL COWZ

Only in one fund ↓

Only in BIL

TREASURY BILL 12/26 0.00000 7.94%

TREASURY BILL 12/26 0.00000 6.66%

TREASURY BILL 12/26 0.00000 6.46%

TREASURY BILL 12/26 0.00000 6.40%

TREASURY BILL 12/26 0.00000 6.39%

TREASURY BILL 11/26 0.00000 6.26%

TREASURY BILL 12/26 0.00000 6.21%

TREASURY BILL 11/26 0.00000 4.85%

Only in COWZ

Booking Holdings Inc 2.23%

Bristol-Myers Squibb Co 2.18%

HCA Healthcare Inc 2.07%

Marathon Petroleum Corp 2.06%

General Dynamics Corp 2.05%

Intuit Inc 2.04%

Verizon Communications Inc 1.97%

AT&T Inc 1.95%

Check overlap with more funds →

Side by side

BIL SPDR Bloomberg 1-3 Month T-Bill ETF COWZ Pacer US Cash Cows 100 ETF

Where it sits Bond ETF Stock ETF

Issuer State Street Pacer

What it is Tracks an index of 1-3 month T-bills Tracks an index of US Cash Cows 100

Total return, 1 year +3.7% +24.4%

Expense ratio 0.14% 0.49%

Holdings 26 100

Net assets, as of Oct 27, 2026 $48.7bn $19.5bn

BIL and COWZ 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.

COWZ

COWZ tracks an index of US Cash Cows 100. Over the year to Oct 28, 2026 it returned +24.4% with distributions reinvested. The prospectus expense ratio is 0.49% a year. By its holdings filed for Jul 31, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 100 positions, with the top ten at 20.4%.

Questions people ask

Which returned more over the last year, BIL or COWZ?: In the year to Oct 28, 2026, with distributions reinvested, BIL returned +3.7% and COWZ +24.4%.
Which is cheaper, BIL or COWZ?: BIL is cheaper, by 0.35 percentage points a year. That is about $35 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

BIL vs SDY BIL vs VOE BIL vs DVY BIL vs NOBL COWZ vs SHV COWZ vs PULS COWZ vs USFR COWZ vs MINT

Where to next

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

Sources and dates

BIL filings on SEC EDGAR ↗

BIL prospectus with the expense ratio (SEC) ↗

State Street website ↗

COWZ filings on SEC EDGAR ↗

COWZ prospectus with the expense ratio (SEC) ↗

Pacer 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 COWZ, data as of Oct 28, 2026. https://etfiq.com/compare/any/bil-vs-cowz

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