Data as of Oct 28, 2026.
SDY vs VBIL: Differences, Returns & Fees
Over the year to Oct 28, 2026, SDY returned +16.5% to VBIL's +3.7%; 0% of their weight is in the same names.
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Net assets: $21.9bn on Oct 27, 2026 for State Street SPDR S&P Dividend ETF, and $12.8bn on Sep 30, 2026 for Vanguard 0-3 Month Treasury Bill ETF.
Pair scorecard
VBIL costs 0.29 points a year less; their one-year returns differ by 12.8 points; SDY is 1.6 times larger.
| Measure | SDY | VBIL |
|---|---|---|
| Return | ||
| Total return, 1 year | +16.5% | +3.7% |
| Benchmark | ||
| What it tracks | S&P High Yield Dividend Aristocrats Index | Bloomberg U.S. Treasury Bills 0-3 Months Index |
| Cost and size | ||
| Expense ratio | 0.35% | 0.06% |
| Net assets, as of Sep 30, 2026 | $20.4bn | $12.8bn |
| Holdings | ||
| Holdings in common | 0% | |
| In the S&P 500, by weight | 84% | |
| Top ten holdings, share of the fund | 20.4% | |
Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method
Risk and return
Feb 21, 2025 to Oct 23, 2026 · 87 weekly returnsSDY returned more: +21.4% to +6.7%. VBIL swung less: 0.1% to 11.7%. VBIL fell less at its worst: 0.0% to −8.7%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | SDY | VBIL | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +21.4% | +6.7% | SDY | Price change plus distributions, reinvested. |
| Annualized | +12.3% | +3.9% | SDY | Total return as a yearly rate. |
| Price return | +16.0% | +0.8% | SDY | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 11.7% | 0.1% | VBIL | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 8.3% | 0.1% | VBIL | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −8.7% | 0.0% | VBIL | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.71 | −0.64 | SDY | Return above Treasury bills per unit of volatility. |
| Sortino | 1.00 | −0.90 | SDY | Return above Treasury bills per unit of downside deviation. |
| Calmar | 1.41 | Not measured | Annualized return divided by the max drawdown. | |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 87 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, SDY 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
SDY and VBIL on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
SDY and VBIL do different jobs. What does each one do in a portfolio?
- What each follows. SDY follows S&P High Yield Dividend Aristocrats Index 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 SDY returned +16.5% and VBIL +3.7% with distributions reinvested, a gap of 12.8 points.
Data as of Oct 28, 2026.
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SDY
SDY tracks the S&P Dividend. Over the year to Oct 28, 2026 it returned +16.5% with distributions reinvested. The prospectus expense ratio is 0.35% a year. By its holdings published by its issuer for Oct 27, 2026, 84% of the fund by weight is stocks the S&P 500 also holds, across 156 positions, with the top ten at 20.4%.
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
- Which returned more over the last year, SDY or VBIL?
- In the year to Oct 28, 2026, with distributions reinvested, SDY returned +16.5% and VBIL +3.7%.
- Which is cheaper, SDY or VBIL?
- VBIL is cheaper, by 0.29 percentage points a year. That is about $29 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.
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ETFIQ, SDY against VBIL, data as of Oct 28, 2026. https://etfiq.com/compare/any/sdy-vs-vbil
ETFIQ. (Oct 28, 2026). SDY against VBIL. Retrieved from https://etfiq.com/compare/any/sdy-vs-vbil
[SDY against VBIL (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/sdy-vs-vbil)
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