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

In the year to Oct 28, 2026, with distributions reinvested, BIL returned +3.7% and DYNF +14.5%.

Which is cheaper, BIL or DYNF?

BIL is cheaper, by 0.12 percentage points a year. That is about $12 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

BIL vs DYNF: Differences, Returns & Fees

Share on X Download as PDF

Over the year to Oct 28, 2026, BIL returned +3.7% to DYNF's +14.5%; 0% of their weight is in the same names.

askIQ about this page

askIQ about BIL and DYNF

Net assets on Oct 27, 2026: $48.7bn for SPDR Bloomberg 1-3 Month T-Bill ETF and $42.7bn for iShares U.S. Equity Factor Rotation Active ETF.

BIL on its own →DYNF on its own →

At a glance

+3.7%

BIL total return, 1 year

+14.5%

DYNF total return, 1 year

0.14%

BIL expense ratio

0.26%

DYNF expense ratio

Pair scorecard

BIL costs 0.12 points a year less; their one-year returns differ by 10.8 points; BIL is 1.1 times larger.

BIL vs DYNF: Differences, Returns & Fees
Measure	BIL	DYNF
Return
Measure	BIL	DYNF
Total return, 1 year	+3.7%	+14.5%
Benchmark
Measure	BIL	DYNF
What it tracks	Bloomberg 1-3 Month U.S. Treasury Bill Index	No index, actively managed
Cost and size
Measure	BIL	DYNF
Expense ratio	0.14%	0.26%
Net assets, as of Oct 27, 2026	$48.7bn	$42.7bn
Holdings
Measure	BIL	DYNF
Holdings in common	0%
In the S&P 500, by weight		95%
Top ten holdings, share of the fund		40.7%

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

What they share

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

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first BIL DYNF

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 DYNF

NVIDIA 8.15%

APPLE 8.14%

MICROSOFT 4.76%

AMAZON.COM INC 4.12%

JPMORGAN CHASE & CO 3.30%

EXXONMOBIL HOLDINGS CORP 2.99%

BROADCOM INC 2.46%

META PLATFORMS CLASS A 2.34%

Check overlap with more funds →

Side by side

BIL SPDR Bloomberg 1-3 Month T-Bill ETF DYNF iShares U.S. Equity Factor Rotation Active ETF

Where it sits Bond ETF Stock ETF

Issuer State Street iShares

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

Total return, 1 year +3.7% +14.5%

Its benchmark over the same days not measured +13.3% (PBUS)

Gap to its benchmark not measured +1.2 pts vs PBUS

Expense ratio 0.14% 0.26%

Holdings 26 262

Net assets, as of Oct 27, 2026 $48.7bn $42.7bn

BIL and DYNF 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.

DYNF

DYNF is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +14.5% with distributions reinvested, against +13.3% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.26% a year. By its holdings published by its issuer for Oct 27, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 262 positions, with the top ten at 40.7%.

Questions people ask

Which returned more over the last year, BIL or DYNF?: In the year to Oct 28, 2026, with distributions reinvested, BIL returned +3.7% and DYNF +14.5%.
Which is cheaper, BIL or DYNF?: BIL is cheaper, by 0.12 percentage points a year. That is about $12 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

BIL vs SPY BIL vs IVV BIL vs VOO BIL vs SCHB DYNF vs SHV DYNF vs PULS DYNF vs USFR DYNF vs MINT

Where to next

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

Sources and dates

BIL filings on SEC EDGAR ↗

BIL prospectus with the expense ratio (SEC) ↗

State Street website ↗

DYNF filings on SEC EDGAR ↗

DYNF prospectus with the expense ratio (SEC) ↗

iShares page for DYNF ↗

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 DYNF, data as of Oct 28, 2026. https://etfiq.com/compare/any/bil-vs-dynf

Open data →

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