Data as of Oct 28, 2026.
BIL vs VBIL: Differences, Returns & Fees
On Jun 30, 2026 BIL's duration was 0.2 years and VBIL's 0.1; VBIL charges 0.06% to BIL's 0.14%.
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Net assets: $48.7bn on Oct 27, 2026 for SPDR Bloomberg 1-3 Month T-Bill ETF, and $12.8bn on Sep 30, 2026 for Vanguard 0-3 Month Treasury Bill ETF.
Pair scorecard
VBIL costs 0.08 points a year less; both returned +3.7% over a year; BIL is 3.9 times larger.
| Measure | BIL | VBIL |
|---|---|---|
| Return | ||
| Total return, 1 year | +3.7% | +3.7% |
| Benchmark | ||
| What it tracks | Bloomberg 1-3 Month U.S. Treasury Bill Index | Bloomberg U.S. Treasury Bills 0-3 Months Index |
| Cost and size | ||
| Expense ratio | 0.14% | 0.06% |
| Net assets, as of Sep 30, 2026 | $49.8bn | $12.8bn |
| Holdings | ||
| Holdings in common | 54% | |
Holdings in common uses holdings dated Jun 30, 2026. Method
Risk and return
Feb 21, 2025 to Oct 23, 2026 · 87 weekly returnsBIL and VBIL returned about the same: +6.6% and +6.7%. BIL swung less: 0.1% to 0.1%. BIL fell less at its worst: 0.0% to 0.0%.
Full scorecard
8 measures, with how each is measured Open ↓
| Measure | BIL | VBIL | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +6.6% | +6.7% | Tie | Price change plus distributions, reinvested. |
| Annualized | +3.9% | +3.9% | Tie | Total return as a yearly rate. |
| Price return | 0.0% | +0.8% | VBIL | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 0.1% | 0.1% | BIL | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 0.1% | 0.1% | BIL | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | 0.0% | 0.0% | BIL | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | −2.11 | −0.64 | VBIL | Return above Treasury bills per unit of volatility. |
| Sortino | −2.39 | −0.90 | VBIL | Return above Treasury bills per unit of downside deviation. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 87 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, BIL and VBIL hold 54% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026.
half
54% in common
Only in one fund ↓
Side by side
BIL and VBIL on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
BIL and VBIL are built for the same job. How do they differ in cost, holdings and results?
- What each follows. BIL follows Bloomberg 1-3 Month U.S. Treasury Bill Index and VBIL follows Bloomberg U.S. Treasury Bills 0-3 Months Index.
- Size. BIL has $49.8bn in net assets and VBIL $12.8bn (net assets, as of Sep 30, 2026); BIL is 3.9 times larger.
- Holdings in common (similar). 54% of the weight is in the same securities (holdings dated Jun 30, 2026).
Data as of Oct 28, 2026.
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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.
VBIL
VBIL tracks an index of 0-3 Month Treasury Bill. The prospectus expense ratio is 0.06% a year.
Questions people ask
- Which returned more over the last year, BIL or VBIL?
- In the year to Oct 28, 2026, with distributions reinvested, BIL returned +3.7% and VBIL +3.7%.
- Which is cheaper, BIL or VBIL?
- VBIL is cheaper, by 0.08 percentage points a year. That is about $8 on $10,000 held for a year. Fees come from each fund's prospectus.
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 VBIL, data as of Oct 28, 2026. https://etfiq.com/compare/any/bil-vs-vbil
ETFIQ. (Oct 28, 2026). BIL against VBIL. Retrieved from https://etfiq.com/compare/any/bil-vs-vbil
[BIL against VBIL (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/bil-vs-vbil)
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