Which returned more over the last year, BILS or TFLO?

In the year to Oct 20, 2026, with distributions reinvested, BILS returned +3.6% and TFLO +4.0%.

Which is cheaper, BILS or TFLO?

BILS 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.

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BILS vs TFLO: Differences, Returns & Fees

BILS's duration was 0.4 years on Jun 30, 2026 and TFLO's 0.0 on Jul 31, 2026; BILS charges 0.14% to TFLO's 0.15%. Net assets on Oct 20, 2026: $3.9bn for State Street SPDR Bloomberg 3-12 Month T-Bill ETF and $7.2bn for iShares Treasury Floating Rate Bond ETF.

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Answers cite the figures on this page.

BILS costs 0.01 points a year less; their one-year returns differ by 0.4 points; TFLO is 1.8 times larger.

BILS vs TFLO: Differences, Returns & Fees
	BILS	TFLO
Expense ratio	0.14%	0.15%
Net assets	$3.9bn	$7.2bn
Total return, 1 year	+3.6%	+4.0%
What it tracks	not read by ETFIQ	Bloomberg U.S. Treasury Floating Rate Index
Holdings in common	report dates differ

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

+3.6%

BILS total return, 1 year

+4.0%

TFLO total return, 1 year

0.14%

BILS expense ratio

0.15%

TFLO expense ratio

Client brief · page 1 of 2Report BR-4D208D3BE5

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

What each follows. BILS follows not read by ETFIQ and TFLO follows Bloomberg U.S. Treasury Floating Rate Index.
One-year total return (similar). Over 1 year to Oct 20, 2026 BILS returned +3.6% and TFLO +4.0% with distributions reinvested, a gap of 0.4 points.
Number of holdings (similar). BILS holds 23 positions and TFLO holds 8.

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

BILS

State Street SPDR Bloomberg 3-12 Month T-Bill ETF

TFLO

iShares Treasury Floating Rate Bond ETF

Where it sits Bond ETF Bond ETF

Issuer State Street iShares

What it is Tracks an index Tracks an index

Total return, 1 year +3.6% +4.0%

Its benchmark over the same days not measured +4.0% (USFR)

Gap to its benchmark not measured −0.1 pts vs USFR

Expense ratio 0.14% 0.15%

Holdings 23 8

Net assets $3.9bn $7.2bn

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

About BILS

BILS tracks an index. Over the year to Oct 20, 2026 it returned +3.6% with distributions reinvested. The prospectus expense ratio is 0.14% a year.

About TFLO

TFLO tracks an index. Over the year to Oct 20, 2026 it returned +4.0% with distributions reinvested, against +4.0% for its benchmark, the Bloomberg U.S. Treasury Floating Rate Index. The prospectus expense ratio is 0.15% a year.

Questions people ask

Which returned more over the last year, BILS or TFLO?: In the year to Oct 20, 2026, with distributions reinvested, BILS returned +3.6% and TFLO +4.0%.
Which is cheaper, BILS or TFLO?: BILS 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

BILS vs TBIL BILS vs FTSM BILS vs GBIL BILS vs ICSH GSY vs TFLO FLTR vs TFLO BSCR vs TFLO TFLO vs VNLA

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

Where these figures came from

BILS filings on SEC EDGAR ↗BILS prospectus with the expense ratio (SEC) ↗State Street website ↗TFLO filings on SEC EDGAR ↗TFLO prospectus with the expense ratio (SEC) ↗iShares page for TFLO ↗

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, BILS against TFLO, data as of Oct 20, 2026. https://etfiq.com/compare/any/bils-vs-tflo

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