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BIL vs VRIG: Differences, Returns & Fees

BIL's duration was 0.2 years on Jun 30, 2026 and VRIG's 0.3 on Jul 31, 2026; BIL charges 0.14% to VRIG's 0.30%. Net assets on Oct 20, 2026: $51.1bn for SPDR Bloomberg 1-3 Month T-Bill ETF and $1.9bn for Invesco Variable Rate Investment Grade ETF.

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Answers cite the figures on this page.

BIL costs 0.16 points a year less; their one-year returns differ by 0.6 points; BIL is far larger, $51.1bn against $1.9bn.

BIL vs VRIG: Differences, Returns & Fees
BILVRIG
Expense ratio0.14%0.30%
Net assets$51.1bn$1.9bn
Total return, 1 year+3.7%+4.3%
What it tracks1-3 month T-billsNo index, actively managed
Holdings in commonreport dates differ

Holdings in common uses holdings dated Jun 30, 2026 and Jul 31, 2026.

+3.7%
BIL total return, 1 year
+4.3%
VRIG total return, 1 year
0.14%
BIL expense ratio
0.30%
VRIG expense ratio

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Client brief · page 1 of 2Report BR-B9DE6647E3

BIL and VRIG are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. BIL follows 1-3 month T-bills and VRIG follows No index, actively managed.
  2. Number of holdings. BIL holds 18 positions and VRIG holds 363.
  3. Cost. BIL charges 0.14% of assets a year and VRIG 0.30%, a gap of 0.16 points.

Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.

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On the same fields

BIL
SPDR Bloomberg 1-3 Month T-Bill ETF
VRIG
Invesco Variable Rate Investment Grade ETF
Where it sits Bond ETF Bond ETF
Issuer State Street Invesco
What it is Tracks an index of 1-3 month T-bills Actively managed
Total return, 1 year +3.7% +4.3%
Expense ratio 0.14% 0.30%
Holdings 18 363
Net assets $51.1bn $1.9bn

BIL and VRIG on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About BIL

BIL tracks an index of 1-3 month T-bills. Over the year to Oct 20, 2026 it returned +3.7% with distributions reinvested. The prospectus expense ratio is 0.14% a year.

About VRIG

VRIG is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +4.3% with distributions reinvested. The prospectus expense ratio is 0.30% a year.

Questions people ask

Which returned more over the last year, BIL or VRIG?
In the year to Oct 20, 2026, with distributions reinvested, BIL returned +3.7% and VRIG +4.3%.
Which is cheaper, BIL or VRIG?
BIL is cheaper, by 0.16 percentage points a year. That is about $16 on $10,000 held for a year. Fees come from each fund's prospectus.
Other comparisons
BIL vs VGUSBIL vs VNLABIL vs SGOVBIL vs XHLFJPST vs VRIGSHV vs VRIGSGOV vs VRIGPULS vs VRIG
BIL on its own →VRIG on its own →Hold both: look the portfolio through →Rankings →BIL dividend history →BIL holdings →VRIG dividend history →VRIG holdings →Standards and sources →
Where these figures came from
BIL filings on SEC EDGAR ↗BIL prospectus with the expense ratio (SEC) ↗State Street website ↗VRIG filings on SEC EDGAR ↗VRIG prospectus with the expense ratio (SEC) ↗Invesco page for VRIG ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

Cite this pageCitation, APA and Markdown

ETFIQ, BIL against VRIG, data as of Oct 20, 2026. https://etfiq.com/compare/any/bil-vs-vrig

Open data

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