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Data as of Sep 21, 2026.

ETFIQetfiq.com · independent ETF data

IBIT vs VBIL: how they differ

IBIT and VBIL hold 0% of their weight in the same names, and VBIL returned more over the year.

iShares Bitcoin Trust ETF and Vanguard 0-3 Month Treasury Bill ETF.

What they hold in common

By the books each fund has filed, IBIT and VBIL hold 0% of their money in the same securities at the same weight.

Positions IBIT and VBIL both hold, largest shared weight first
HoldingIBITVBIL
USD CASH0.00%0.00%
Only in each
Only in IBITOnly in VBIL
BITCOIN 100.00%United States Treasury Bill 6.20%
United States Treasury Bill 5.89%
United States Treasury Bill 5.31%
United States Treasury Bill 5.27%
United States Treasury Bill 5.22%
United States Treasury Bill 5.22%
United States Treasury Bill 5.17%
United States Treasury Bill 5.04%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Aug 31, 2026 and Sep 18, 2026.

IBIT and VBIL on the fields both publish, as of Sep 21, 2026. Source: ETFIQ.
IBIT
iShares Bitcoin Trust ETF
VBIL
Vanguard 0-3 Month Treasury Bill ETF
Where it sitsCore fundCore fund
IssueriSharesVanguard
What it isHolds bitcoinTracks an index of 0-3 Month Treasury Bill
Total return, 1 year−31.1%+3.8%
S&P 500 over the same days+16.6%+16.6%
Gap to the S&P 500−47.6 pts−12.8 pts
Expense ratio0.25%0.06%
Holdings229
Net assets$63.7bn$11.4bn

IBIT in plain words

IBIT holds bitcoin. Over the year to Sep 18, 2026 it returned −31.1% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.25% a year. It sat 35.5% below its high of Oct 6, 2025 on Sep 18, 2026.

VBIL in plain words

VBIL tracks an index of 0-3 Month Treasury Bill. Over the year to Sep 18, 2026 it returned +3.8% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.06% a year.

Questions people ask

Which returned more over the last year, IBIT or VBIL?
In the year to Sep 21, 2026, with distributions reinvested, IBIT returned −31.1% and VBIL returned +3.8%, so VBIL returned more.
Which is cheaper, IBIT or VBIL?
IBIT charges 0.25% a year and VBIL charges 0.06%, so VBIL is cheaper. Fees come from each fund's prospectus.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

IBIT against VBIL, ETFIQ, data as of Sep 21, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, IBIT against VBIL, data as of Sep 21, 2026. https://etfiq.com/compare/any/ibit-vs-vbil Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources