Data as of Oct 28, 2026.
BIL vs VOX: Differences, Returns & Fees
Over the year to Oct 28, 2026, BIL returned +3.7% to VOX's −5.7%; 0% of their weight is in the same names.
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Net assets: $48.7bn on Oct 27, 2026 for SPDR Bloomberg 1-3 Month T-Bill ETF, and $6.0bn on Sep 30, 2026 for Vanguard Communication Services ETF.
Pair scorecard
VOX costs 0.05 points a year less; their one-year returns differ by 9.4 points; BIL is 8.3 times larger.
| Measure | BIL | VOX |
|---|---|---|
| Return | ||
| Total return, 1 year | +3.7% | −5.7% |
| Drawdown | ||
| Below its high | 10.8%, high on Jan 29, 2026 | |
| Benchmark | ||
| What it tracks | Bloomberg 1-3 Month U.S. Treasury Bill Index | MSCI US Investable Market Index (IMI)/Communication Services 25/50 |
| Cost and size | ||
| Expense ratio | 0.14% | 0.09% |
| Net assets, as of Sep 30, 2026 | $49.8bn | $6.0bn |
| Holdings | ||
| Holdings in common | 0% | |
| In the S&P 500, by weight | 84% | |
| Top ten holdings, share of the fund | 71.1% | |
Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method
Risk and return
Jun 8, 2007 to Oct 23, 2026 · 1,011 weekly returnsVOX returned more: +241.4% to +30.9%. BIL swung less: 0.4% to 20.5%. BIL fell less at its worst: −0.5% to −54.8%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | BIL | VOX | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +30.9% | +241.4% | VOX | Price change plus distributions, reinvested. |
| Annualized | +1.4% | +6.5% | VOX | Total return as a yearly rate. |
| Price return | −0.1% | +118.4% | VOX | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 0.4% | 20.5% | BIL | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 0.3% | 14.3% | BIL | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −0.5% | −54.8% | BIL | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | −0.40 | 0.34 | VOX | Return above Treasury bills per unit of volatility. |
| Sortino | −0.57 | 0.48 | VOX | Return above Treasury bills per unit of downside deviation. |
| Calmar | 3.00 | 0.12 | BIL | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,011 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, BIL and VOX hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.
half
0% in common
Only in one fund ↓
Side by side
BIL and VOX on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
BIL and VOX do different jobs. What does each one do in a portfolio?
- What each follows. BIL follows Bloomberg 1-3 Month U.S. Treasury Bill Index and VOX follows MSCI US Investable Market Index (IMI)/Communication Services 25/50.
- Holdings in common. 0% of the weight is in the same securities (holdings dated Oct 27, 2026 and Sep 30, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 BIL returned +3.7% and VOX −5.7% with distributions reinvested, a gap of 9.4 points.
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.
VOX
VOX tracks an index of Communication Services. Over the year to Oct 28, 2026 it returned −5.7% with distributions reinvested, against −5.9% for its benchmark, the MSCI US Investable Market Index (IMI)/Communication Services 25/50. The prospectus expense ratio is 0.09% a year. By its holdings published by its issuer as of Sep 30, 2026, 84% of the fund by weight is stocks the S&P 500 also holds, across 113 positions, with the top ten at 71.1%. It sat 10.8% below its high of Jan 29, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, BIL or VOX?
- In the year to Oct 28, 2026, with distributions reinvested, BIL returned +3.7% and VOX −5.7%.
- Which is cheaper, BIL or VOX?
- VOX is cheaper, by 0.05 percentage points a year. That is about $5 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 VOX, data as of Oct 28, 2026. https://etfiq.com/compare/any/bil-vs-vox
ETFIQ. (Oct 28, 2026). BIL against VOX. Retrieved from https://etfiq.com/compare/any/bil-vs-vox
[BIL against VOX (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/bil-vs-vox)
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