Which returned more over the last year, GBIL or TBLL?

In the year to Oct 20, 2026, with distributions reinvested, GBIL returned +3.6% and TBLL +3.6%.

Which is cheaper, GBIL or TBLL?

TBLL is cheaper, by 0.04 percentage points a year. That is about $4 on $10,000 held for a year. Fees come from each fund's prospectus.

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GBIL vs TBLL: Differences, Returns & Fees

On May 31, 2026 GBIL's duration was 0.4 years and TBLL's 0.3; TBLL charges 0.08% to GBIL's 0.12%. Net assets: $7.9bn on Oct 19, 2026 for Goldman Sachs Access Treasury 0-1 Year ETF, and $2.6bn on Oct 20, 2026 for Invesco Short Term Treasury ETF.

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Answers cite the figures on this page.

TBLL costs 0.04 points a year less; both returned +3.6% over a year; GBIL is 3.0 times larger.

GBIL vs TBLL: Differences, Returns & Fees
	GBIL	TBLL
Expense ratio	0.12%	0.08%
Net assets, as of Oct 19, 2026	$7.9bn	$2.7bn
Total return, 1 year	+3.6%	+3.6%
What it tracks	not read by ETFIQ	ICE U.S. Treasury Short Bond Index
Holdings in common	43%

Holdings in common uses holdings dated May 31, 2026.

+3.6%

GBIL total return, 1 year

+3.6%

TBLL total return, 1 year

0.12%

GBIL expense ratio

0.08%

TBLL expense ratio

Client brief · page 1 of 2Report BR-58FC55D57A

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

What each follows. GBIL follows not read by ETFIQ and TBLL follows ICE U.S. Treasury Short Bond Index.
Holdings in common. 43% of the weight is in the same securities (holdings dated May 31, 2026).
One-year total return (similar). Over 1 year to Oct 20, 2026 GBIL returned +3.6% and TBLL +3.6% with distributions reinvested, a gap of 0.0 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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What they hold in common

By the books each fund has filed, GBIL and TBLL hold 43% of their money in the same securities at the same weight. Holdings dated May 31, 2026.

50%

half

43% in common

Positions both hold, largest shared weight first

Holding GBIL TBLL

WIB 0 07/16/26, due Jul 16, 2026 6.33% 2.30%

B 0 10/29/26, due Oct 29, 2026 2.82% 2.15%

T 4.375 07/31/26, due Jul 31, 2026 1.74% 1.82%

B 0 07/21/26, due Jul 21, 2026 6.33% 1.67%

B 0 07/28/26, due Jul 28, 2026 3.50% 1.67%

T 0.75 08/31/26, due Aug 31, 2026 1.75% 1.67%

B 0 08/25/26, due Aug 25, 2026 3.40% 1.67%

B 0 10/08/26, due Oct 8, 2026 1.98% 1.66%

B 0 10/22/26, due Oct 22, 2026 1.97% 1.66%

B 0 08/04/26, due Aug 4, 2026 1.59% 1.67%

B 0 10/01/26, due Oct 1, 2026 1.32% 1.44%

B 0 09/24/26, due Sep 24, 2026 1.32% 1.34%

Only in GBIL

B 0 09/22/26, due Sep 22, 2026 7.64%

T 4.5 05/15/27, due May 15, 2027 1.40%

Only in TBLL

U.S. Treasury Bills, due Jun 18, 2026 2.79%

U.S. Treasury Bills, due Jun 4, 2026 2.68%

U.S. Treasury Bills, due Jun 25, 2026 2.65%

U.S. Treasury Bills, due Aug 6, 2026 2.13%

U.S. Treasury Notes, due Jun 30, 2026 1.82%

U.S. Treasury Notes, due Aug 15, 2026 1.77%

U.S. Treasury Bills, due Oct 15, 2026 1.66%

U.S. Treasury Notes/Bonds, due Oct 15, 2026 1.59%

Check overlap with more funds →

On the same fields

GBIL

Goldman Sachs Access Treasury 0-1 Year ETF

TBLL

Invesco Short Term Treasury ETF

Where it sits Bond ETF Bond ETF

Issuer Goldman Sachs Invesco

What it is Tracks an index Tracks an index

Total return, 1 year +3.6% +3.6%

Its benchmark over the same days not measured +3.6% (TRSY)

Gap to its benchmark not measured 0.0 pts vs TRSY

Expense ratio 0.12% 0.08%

Holdings 43 93

Net assets, GBIL as of Oct 19, 2026 and TBLL as of Oct 20, 2026 $7.9bn $2.6bn

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

About GBIL

GBIL tracks an index. Over the year to Oct 20, 2026 it returned +3.6% with distributions reinvested. The prospectus expense ratio is 0.12% a year.

About TBLL

TBLL tracks an index. Over the year to Oct 20, 2026 it returned +3.6% with distributions reinvested, against +3.6% for its benchmark, the ICE U.S. Treasury Short Bond Index. The prospectus expense ratio is 0.08% a year.

Questions people ask

Which returned more over the last year, GBIL or TBLL?: In the year to Oct 20, 2026, with distributions reinvested, GBIL returned +3.6% and TBLL +3.6%.
Which is cheaper, GBIL or TBLL?: TBLL is cheaper, by 0.04 percentage points a year. That is about $4 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

GBIL vs IBDR GBIL vs IBTH CLIP vs GBIL BSCQ vs GBIL TBLL vs TBUX IBTG vs TBLL GSST vs TBLL TBLL vs YEAR

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

Where these figures came from

GBIL filings on SEC EDGAR ↗GBIL prospectus with the expense ratio (SEC) ↗Goldman Sachs website ↗TBLL filings on SEC EDGAR ↗TBLL prospectus with the expense ratio (SEC) ↗Invesco page for TBLL ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. 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, GBIL against TBLL, data as of Oct 20, 2026. https://etfiq.com/compare/any/gbil-vs-tbll

Open data

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