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

In the year to Oct 28, 2026, with distributions reinvested, BIL returned +3.7% and IEI −1.1%.

Which is cheaper, BIL or IEI?

BIL is cheaper, by 0.01 percentage points a year. That is about $1 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

BIL vs IEI: Differences, Returns & Fees

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BIL's duration was 0.2 years on Jun 30, 2026 and IEI's 4.3 on Aug 31, 2026; BIL charges 0.14% to IEI's 0.15%.

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Net assets on Oct 27, 2026: $48.7bn for SPDR Bloomberg 1-3 Month T-Bill ETF and $17.0bn for iShares 3-7 Year Treasury Bond ETF.

BIL on its own →IEI on its own →

At a glance

+3.7%

BIL total return, 1 year

−1.1%

IEI total return, 1 year

0.14%

BIL expense ratio

0.15%

IEI expense ratio

Pair scorecard

BIL costs 0.01 points a year less; their one-year returns differ by 4.8 points; BIL is 2.9 times larger.

BIL vs IEI: Differences, Returns & Fees
Measure	BIL	IEI
Return
Measure	BIL	IEI
Total return, 1 year	+3.7%	−1.1%
Benchmark
Measure	BIL	IEI
What it tracks	Bloomberg 1-3 Month U.S. Treasury Bill Index	ICE U.S. Treasury 3-7 Year Bond Index
Cost and size
Measure	BIL	IEI
Expense ratio	0.14%	0.15%
Net assets, as of Oct 27, 2026	$48.7bn	$17.0bn
Holdings
Measure	BIL	IEI
Holdings in common	0%

Holdings in common uses holdings dated Jun 30, 2026 and Aug 31, 2026. Method

What they share

By the books each fund has filed, BIL and IEI hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Aug 31, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first BIL IEI

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 IEI

U.S. Treasury Notes, due Nov 30, 2030 2.90%

U.S. Treasury Notes, due Feb 15, 2032 2.30%

U.S. Treasury Notes, due Feb 28, 2030 2.29%

U.S. Treasury Notes, due Nov 15, 2031 2.26%

U.S. Treasury Notes, due Aug 31, 2030 2.24%

U.S. Treasury Notes, due May 15, 2033 2.17%

U.S. Treasury Notes, due Aug 15, 2031 2.11%

U.S. Treasury Notes, due Feb 15, 2033 2.10%

Check overlap with more funds →

Side by side

BIL SPDR Bloomberg 1-3 Month T-Bill ETF IEI iShares 3-7 Year Treasury Bond ETF

Where it sits Bond ETF Bond ETF

Issuer State Street iShares

What it is Tracks an index of 1-3 month T-bills Tracks an index of 3-7 Year Treasury Bond

Total return, 1 year +3.7% −1.1%

Expense ratio 0.14% 0.15%

Holdings 26 82

Net assets, as of Oct 27, 2026 $48.7bn $17.0bn

BIL and IEI 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.

IEI

IEI tracks an index of 3-7 Year Treasury Bond. Over the year to Oct 28, 2026 it returned −1.1% with distributions reinvested. The prospectus expense ratio is 0.15% a year.

Questions people ask

Which returned more over the last year, BIL or IEI?: In the year to Oct 28, 2026, with distributions reinvested, BIL returned +3.7% and IEI −1.1%.
Which is cheaper, BIL or IEI?: BIL is cheaper, by 0.01 percentage points a year. That is about $1 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

BIL vs SHY BIL vs VGSH BIL vs EMB BIL vs BINC IEI vs SHV IEI vs PULS IEI vs USFR IEI vs MINT

Where to next

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

Sources and dates

BIL filings on SEC EDGAR ↗

BIL prospectus with the expense ratio (SEC) ↗

State Street website ↗

IEI filings on SEC EDGAR ↗

IEI prospectus with the expense ratio (SEC) ↗

iShares page for IEI ↗

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

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