Data as of Oct 28, 2026.
BITO vs VBIL: Differences, Returns & Fees
Over the year to Oct 28, 2026, BITO returned −30.5% to VBIL's +3.7%, and VBIL charges 0.06% to BITO's 0.95%.
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Net assets: $1.6bn on Oct 28, 2026 for ProShares Bitcoin ETF, and $12.8bn on Sep 30, 2026 for Vanguard 0-3 Month Treasury Bill ETF.
Pair scorecard
VBIL costs 0.89 points a year less; their one-year returns differ by 34.2 points; VBIL is 7.5 times larger.
| Measure | BITO | VBIL |
|---|---|---|
| Return | ||
| Total return, 1 year | −30.5% | +3.7% |
| Benchmark | ||
| What it tracks | Bitcoin futures and swaps on Bitcoin | Bloomberg U.S. Treasury Bills 0-3 Months Index |
| Cost and size | ||
| Expense ratio | 0.95% | 0.06% |
| Net assets, as of Sep 30, 2026 | $1.7bn | $12.8bn |
| Holdings | ||
| Holdings in common | 0% | |
Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method
What they share
By the books each fund has filed, BITO and VBIL 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
BITO and VBIL on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
BITO and VBIL do different jobs. What does each one do in a portfolio?
- What each follows. BITO follows Bitcoin futures and swaps on Bitcoin and VBIL follows Bloomberg U.S. Treasury Bills 0-3 Months Index.
- 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 BITO returned −30.5% and VBIL +3.7% with distributions reinvested, a gap of 34.2 points.
Data as of Oct 28, 2026.
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BITO is a registered fund that reaches Bitcoin through what its N-PORT for Aug 31, 2026 lists: Bitcoin futures and swaps on Bitcoin. Over the year to Oct 28, 2026, Bitcoin moved −28.3% and BITO returned −30.5%. That leaves it 2.2 percentage points behind. BITO is a registered investment company: it files a monthly N-PORT rather than a 10-K. Its N-PORT for Aug 31, 2026 puts 67.9% of its net assets in ProShares GENIUS Money Market ETF.
A holder gets exposure to Bitcoin without the fund holding the coin itself. That difference is the fee, the cost of rolling the futures from one month to the next, what the futures traded at against Bitcoin, and what the market paid for the shares, all of it together. It is the only number on this page the sponsor does not publish itself.
VBIL
VBIL tracks an index of 0-3 Month Treasury Bill. Over the year to Oct 28, 2026 it returned +3.7% with distributions reinvested. The prospectus expense ratio is 0.06% a year.
Questions people ask
- Are BITO and VBIL in the same category?
- BITO is a crypto futures ETF and VBIL is a bond ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
- Which returned more over the last year, BITO or VBIL?
- In the year to Oct 28, 2026, with distributions reinvested, BITO returned −30.5% and VBIL +3.7%.
- Which is cheaper, BITO or VBIL?
- VBIL is cheaper, by 0.89 percentage points a year. That is about $89 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, BITO against VBIL, data as of Oct 28, 2026. https://etfiq.com/compare/any/bito-vs-vbil
ETFIQ. (Oct 28, 2026). BITO against VBIL. Retrieved from https://etfiq.com/compare/any/bito-vs-vbil
[BITO against VBIL (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/bito-vs-vbil)
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