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

In the year to Oct 28, 2026, with distributions reinvested, BIL returned +3.7% and RSP +16.0%.

Which is cheaper, BIL or RSP?

BIL 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.

Data as of Oct 28, 2026.

Across categories

BIL vs RSP: Differences, Returns & Fees

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Over the year to Oct 28, 2026, BIL returned +3.7% to RSP's +16.0%; 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 $99.8bn for Invesco S&P 500 Equal Weight ETF.

BIL on its own →RSP on its own →

At a glance

+3.7%

BIL total return, 1 year

+16.0%

RSP total return, 1 year

0.14%

BIL expense ratio

0.20%

RSP expense ratio

Pair scorecard

BIL costs 0.06 points a year less; their one-year returns differ by 12.3 points; RSP is 2.0 times larger.

BIL vs RSP: Differences, Returns & Fees
Measure	BIL	RSP
Return
Measure	BIL	RSP
Total return, 1 year	+3.7%	+16.0%
Benchmark
Measure	BIL	RSP
What it tracks	Bloomberg 1-3 Month U.S. Treasury Bill Index	S&P 500 Equal Weight Index
Cost and size
Measure	BIL	RSP
Expense ratio	0.14%	0.20%
Net assets, as of Oct 27, 2026	$48.7bn	$99.8bn
Holdings
Measure	BIL	RSP
Holdings in common	0%
In the S&P 500, by weight		100%
Top ten holdings, share of the fund		2.7%

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

What they share

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

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 RSP

Moderna Inc 0.30%

PTC Inc 0.30%

Everpure Inc 0.28%

Illumina Inc 0.27%

Accenture PLC 0.27%

Hasbro Inc 0.26%

Mettler-Toledo International Inc 0.26%

Revvity Inc 0.26%

Check overlap with more funds →

Side by side

BIL SPDR Bloomberg 1-3 Month T-Bill ETF RSP Invesco S&P 500 Equal Weight ETF

Where it sits Bond ETF Stock ETF

Issuer State Street Invesco

What it is Tracks an index of 1-3 month T-bills Tracks the S&P 500 equal weight

Total return, 1 year +3.7% +16.0%

Its benchmark over the same days not measured +13.7% (IVV)

Gap to its benchmark not measured +2.3 pts vs IVV

Expense ratio 0.14% 0.20%

Holdings 26 508

Net assets, as of Oct 27, 2026 $48.7bn $99.8bn

BIL and RSP 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.

RSP

RSP tracks the S&P 500 equal weight. Over the year to Oct 28, 2026 it returned +16.0% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.20% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 508 positions, with the top ten at 2.7%.

Questions people ask

Which returned more over the last year, BIL or RSP?: In the year to Oct 28, 2026, with distributions reinvested, BIL returned +3.7% and RSP +16.0%.
Which is cheaper, BIL or RSP?: BIL 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.

Other comparisons

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

Where to next

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

Sources and dates

BIL filings on SEC EDGAR ↗

BIL prospectus with the expense ratio (SEC) ↗

State Street website ↗

RSP filings on SEC EDGAR ↗

RSP prospectus with the expense ratio (SEC) ↗

Invesco 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 RSP, data as of Oct 28, 2026. https://etfiq.com/compare/any/bil-vs-rsp

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