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

In the year to Oct 28, 2026, with distributions reinvested, BIL returned +3.7% and IWO +7.9%.

Which is cheaper, BIL or IWO?

BIL is cheaper, by 0.10 percentage points a year. That is about $10 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

BIL vs IWO: Differences, Returns & Fees

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Over the year to Oct 28, 2026, BIL returned +3.7% to IWO's +7.9%; 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 $14.0bn for iShares Russell 2000 Growth ETF.

BIL on its own →IWO on its own →

At a glance

+3.7%

BIL total return, 1 year

+7.9%

IWO total return, 1 year

0.14%

BIL expense ratio

0.24%

IWO expense ratio

Pair scorecard

BIL costs 0.10 points a year less; their one-year returns differ by 4.2 points; BIL is 3.5 times larger.

BIL vs IWO: Differences, Returns & Fees
Measure	BIL	IWO
Return
Measure	BIL	IWO
Total return, 1 year	+3.7%	+7.9%
Drawdown
Measure	BIL	IWO
Below its high		9.9%, high on Aug 14, 2026
Benchmark
Measure	BIL	IWO
What it tracks	Bloomberg 1-3 Month U.S. Treasury Bill Index	Russell 2000 Growth Index
Cost and size
Measure	BIL	IWO
Expense ratio	0.14%	0.24%
Net assets, as of Oct 27, 2026	$48.7bn	$14.0bn
Holdings
Measure	BIL	IWO
Holdings in common	0%
In the S&P 500, by weight		0%
Top ten holdings, share of the fund		6.4%

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

What they share

By the books each fund has filed, BIL and IWO 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 IWO

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 IWO

JFROG 0.74%

TWIST BIOSCIENCE 0.71%

GLAUKOS 0.70%

MOOG INC CLASS A 0.68%

BRIGHTSPRING HEALTH SERVICES INC 0.66%

10X GENOMICS CLASS A 0.61%

RYMAN HOSPITALITY PROPERTIES REIT 0.60%

INTERDIGITAL INC 0.58%

Check overlap with more funds →

Side by side

BIL SPDR Bloomberg 1-3 Month T-Bill ETF IWO iShares Russell 2000 Growth ETF

Where it sits Bond ETF Stock ETF

Issuer State Street iShares

What it is Tracks an index of 1-3 month T-bills Tracks the Russell 2000 Growth

Total return, 1 year +3.7% +7.9%

Its benchmark over the same days not measured +8.0% (VTWG)

Gap to its benchmark not measured −0.1 pts vs VTWG

Expense ratio 0.14% 0.24%

Holdings 26 1122

Net assets, as of Oct 27, 2026 $48.7bn $14.0bn

BIL and IWO 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.

IWO

IWO tracks the Russell 2000 Growth. Over the year to Oct 28, 2026 it returned +7.9% with distributions reinvested, against +8.0% for its benchmark, the Russell 2000 Growth Index. The prospectus expense ratio is 0.24% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 1,122 positions, with the top ten at 6.4%. It sat 9.9% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, BIL or IWO?: In the year to Oct 28, 2026, with distributions reinvested, BIL returned +3.7% and IWO +7.9%.
Which is cheaper, BIL or IWO?: BIL is cheaper, by 0.10 percentage points a year. That is about $10 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

BIL vs VBK BIL vs IJH BIL vs IWF BIL vs MOAT IWO vs SHV IWO vs PULS IWO vs USFR IWO vs MINT

Where to next

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

Sources and dates

BIL filings on SEC EDGAR ↗

BIL prospectus with the expense ratio (SEC) ↗

State Street website ↗

IWO filings on SEC EDGAR ↗

IWO prospectus with the expense ratio (SEC) ↗

iShares page for IWO ↗

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

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