Data as of Sep 21, 2026.
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.
| Holding | IBIT | VBIL |
|---|---|---|
| USD CASH | 0.00% | 0.00% |
| Only in IBIT | Only 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 iShares Bitcoin Trust ETF | VBIL Vanguard 0-3 Month Treasury Bill ETF | |
|---|---|---|
| Where it sits | Core fund | Core fund |
| Issuer | iShares | Vanguard |
| What it is | Holds bitcoin | Tracks 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 ratio | 0.25% | 0.06% |
| Holdings | 2 | 29 |
| 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.
Other comparisons
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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.
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