Data as of Oct 28, 2026.
BIL vs DGRO: Differences, Returns & Fees
Over the year to Oct 28, 2026, BIL returned +3.7% to DGRO's +18.8%; 0% of their weight is in the same names.
askIQ about this page
askIQ about BIL and DGRO
Net assets on Oct 27, 2026: $48.7bn for SPDR Bloomberg 1-3 Month T-Bill ETF and $44.6bn for iShares Core Dividend Growth ETF.
Pair scorecard
DGRO costs 0.06 points a year less; their one-year returns differ by 15.1 points; BIL is 1.1 times larger.
| Measure | BIL | DGRO |
|---|---|---|
| Return | ||
| Total return, 1 year | +3.7% | +18.8% |
| Benchmark | ||
| What it tracks | Bloomberg 1-3 Month U.S. Treasury Bill Index | Morningstar US Dividend Growth Index |
| Cost and size | ||
| Expense ratio | 0.14% | 0.08% |
| Net assets, as of Oct 27, 2026 | $48.7bn | $44.6bn |
| Holdings | ||
| Holdings in common | 0% | |
| In the S&P 500, by weight | 92% | |
| Top ten holdings, share of the fund | 27.2% | |
Holdings in common uses holdings dated Oct 27, 2026. Method
Risk and return
Jun 20, 2014 to Oct 23, 2026 · 644 weekly returnsDGRO returned more: +321.3% to +25.7%. BIL swung less: 0.3% to 15.3%. BIL fell less at its worst: −0.2% to −32.1%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | BIL | DGRO | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +25.7% | +321.3% | DGRO | Price change plus distributions, reinvested. |
| Annualized | +1.9% | +12.3% | DGRO | Total return as a yearly rate. |
| Price return | +0.1% | +216.7% | DGRO | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 0.3% | 15.3% | BIL | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 0.2% | 10.7% | BIL | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −0.2% | −32.1% | BIL | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | −0.73 | 0.70 | DGRO | Return above Treasury bills per unit of volatility. |
| Sortino | −1.00 | 1.00 | DGRO | Return above Treasury bills per unit of downside deviation. |
| Calmar | 8.53 | 0.38 | BIL | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 644 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, BIL and DGRO hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.
half
0% in common
Only in one fund ↓
Side by side
BIL and DGRO on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
BIL and DGRO do different jobs. What does each one do in a portfolio?
- What each follows. BIL follows Bloomberg 1-3 Month U.S. Treasury Bill Index and DGRO follows Morningstar US Dividend Growth Index.
- Holdings in common. 0% of the weight is in the same securities (holdings dated Oct 27, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 BIL returned +3.7% and DGRO +18.8% with distributions reinvested, a gap of 15.1 points.
Data as of Oct 28, 2026.
The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.
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.
DGRO
DGRO tracks an index of Dividend Growth. Over the year to Oct 28, 2026 it returned +18.8% with distributions reinvested. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Oct 27, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 393 positions, with the top ten at 27.2%.
Questions people ask
- Which returned more over the last year, BIL or DGRO?
- In the year to Oct 28, 2026, with distributions reinvested, BIL returned +3.7% and DGRO +18.8%.
- Which is cheaper, BIL or DGRO?
- DGRO is cheaper, by 0.06 percentage points a year. That is about $6 on $10,000 held for a year. Fees come from each fund's prospectus.
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 DGRO, data as of Oct 28, 2026. https://etfiq.com/compare/any/bil-vs-dgro
ETFIQ. (Oct 28, 2026). BIL against DGRO. Retrieved from https://etfiq.com/compare/any/bil-vs-dgro
[BIL against DGRO (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/bil-vs-dgro)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.