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

In the year to Oct 28, 2026, with distributions reinvested, BIL returned +3.7% and SPYD +15.3%.

Which is cheaper, BIL or SPYD?

SPYD is cheaper, by 0.07 percentage points a year. That is about $7 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

BIL vs SPYD: Differences, Returns & Fees

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Over the year to Oct 28, 2026, BIL returned +3.7% to SPYD's +15.3%; 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 $7.5bn for State Street SPDR Portfolio S&P 500 High Dividend ETF.

BIL on its own →SPYD on its own →

At a glance

+3.7%

BIL total return, 1 year

+15.3%

SPYD total return, 1 year

0.14%

BIL expense ratio

0.07%

SPYD expense ratio

Pair scorecard

SPYD costs 0.07 points a year less; their one-year returns differ by 11.6 points; BIL is 6.5 times larger.

BIL vs SPYD: Differences, Returns & Fees
Measure	BIL	SPYD
Return
Measure	BIL	SPYD
Total return, 1 year	+3.7%	+15.3%
Drawdown
Measure	BIL	SPYD
Below its high		4.1%, high on Aug 24, 2026
Benchmark
Measure	BIL	SPYD
What it tracks	Bloomberg 1-3 Month U.S. Treasury Bill Index	S&P 500 High Dividend Index
Cost and size
Measure	BIL	SPYD
Expense ratio	0.14%	0.07%
Net assets, as of Oct 27, 2026	$48.7bn	$7.5bn
Holdings
Measure	BIL	SPYD
Holdings in common	0%
In the S&P 500, by weight		99%
Top ten holdings, share of the fund		16.1%

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

What they share

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

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 SPYD

ACCENTURE PLC CL A 2.18%

HP INC 1.74%

HASBRO INC 1.73%

PFIZER INC 1.56%

CHEVRON CORP 1.54%

MEDTRONIC PLC 1.49%

CROWN CASTLE INC 1.47%

BEST BUY CO INC 1.47%

Check overlap with more funds →

Side by side

BIL SPDR Bloomberg 1-3 Month T-Bill ETF SPYD State Street SPDR Portfolio S&P 500 High Dividend ETF

Where it sits Bond ETF Stock ETF

Issuer State Street State Street

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

Total return, 1 year +3.7% +15.3%

Expense ratio 0.14% 0.07%

Holdings 26 79

Net assets, as of Oct 27, 2026 $48.7bn $7.5bn

BIL and SPYD 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.

SPYD

SPYD tracks the S&P 500 High Dividend. Over the year to Oct 28, 2026 it returned +15.3% with distributions reinvested. The prospectus expense ratio is 0.07% a year. By its holdings published by its issuer for Oct 27, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 79 positions, with the top ten at 16.1%. It sat 4.1% below its high of Aug 24, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, BIL or SPYD?: In the year to Oct 28, 2026, with distributions reinvested, BIL returned +3.7% and SPYD +15.3%.
Which is cheaper, BIL or SPYD?: SPYD is cheaper, by 0.07 percentage points a year. That is about $7 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

BIL vs SPHD BIL vs FDVV BIL vs PVAL BIL vs HDV SHV vs SPYD PULS vs SPYD SPYD vs USFR MINT vs SPYD

Where to next

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

Sources and dates

BIL and SPYD filings on SEC EDGAR ↗

BIL and SPYD prospectus with the expense ratio (SEC) ↗

State Street 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 SPYD, data as of Oct 28, 2026. https://etfiq.com/compare/any/bil-vs-spyd

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