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

In the year to Oct 28, 2026, with distributions reinvested, BIL returned +3.7% and VLUE +54.7%.

Which is cheaper, BIL or VLUE?

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 VLUE: Differences, Returns & Fees

Share on X Download as PDF

Over the year to Oct 28, 2026, BIL returned +3.7% to VLUE's +54.7%; 0% of their weight is in the same names.

askIQ about this page

askIQ about BIL and VLUE

Net assets: $48.7bn on Oct 27, 2026 for SPDR Bloomberg 1-3 Month T-Bill ETF, and $9.4bn on Oct 28, 2026 for iShares MSCI USA Value Factor ETF.

BIL on its own →VLUE on its own →

At a glance

+3.7%

BIL total return, 1 year

+54.7%

VLUE total return, 1 year

0.14%

BIL expense ratio

0.15%

VLUE expense ratio

Pair scorecard

BIL costs 0.01 points a year less; their one-year returns differ by 51.0 points; BIL is 5.2 times larger.

BIL vs VLUE: Differences, Returns & Fees
Measure	BIL	VLUE
Return
Measure	BIL	VLUE
Total return, 1 year	+3.7%	+54.7%
Benchmark
Measure	BIL	VLUE
What it tracks	Bloomberg 1-3 Month U.S. Treasury Bill Index	MSCI USA Enhanced Value Index
Cost and size
Measure	BIL	VLUE
Expense ratio	0.14%	0.15%
Net assets, as of Oct 27, 2026	$48.7bn	$9.3bn
Holdings
Measure	BIL	VLUE
Holdings in common	0%
In the S&P 500, by weight		97%
Top ten holdings, share of the fund		42.8%

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

What they share

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

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 VLUE

MICRON TECHNOLOGY 20.94%

CISCO SYSTEMS INC 4.37%

GENERAL MOTORS 3.54%

VERIZON COMMUNICATIONS INC 2.72%

AT&T 2.24%

HEWLETT PACKARD ENTERPRISE 1.95%

PFIZER 1.86%

BANK OF AMERICA 1.77%

Check overlap with more funds →

Side by side

BIL SPDR Bloomberg 1-3 Month T-Bill ETF VLUE iShares MSCI USA Value Factor 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 MSCI USA Value Factor

Total return, 1 year +3.7% +54.7%

Its benchmark over the same days not measured +13.6% (MLRG)

Gap to its benchmark not measured +41.1 pts vs MLRG

Expense ratio 0.14% 0.15%

Holdings 26 148

Net assets, BIL as of Oct 27, 2026 and VLUE as of Oct 28, 2026 $48.7bn $9.4bn

BIL and VLUE 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.

VLUE

VLUE tracks the MSCI USA Value Factor. Over the year to Oct 28, 2026 it returned +54.7% with distributions reinvested, against +13.6% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 148 positions, with the top ten at 42.8%.

Questions people ask

Which returned more over the last year, BIL or VLUE?: In the year to Oct 28, 2026, with distributions reinvested, BIL returned +3.7% and VLUE +54.7%.
Which is cheaper, BIL or VLUE?: 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 SPHD BIL vs FNDX BIL vs CGDV BIL vs DGRO SHV vs VLUE PULS vs VLUE USFR vs VLUE MINT vs VLUE

Where to next

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

Sources and dates

BIL filings on SEC EDGAR ↗

BIL prospectus with the expense ratio (SEC) ↗

State Street website ↗

VLUE filings on SEC EDGAR ↗

VLUE prospectus with the expense ratio (SEC) ↗

iShares page for VLUE ↗

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

Open data →

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