SGOV vs TBIL: Differences, Returns & Fees
On May 31, 2026 SGOV's duration was 0.1 years and TBIL's 0.2; SGOV charges 0.09% to TBIL's 0.15%. Net assets: $116.5bn on Oct 20, 2026 for iShares 0-3 Month Treasury Bond ETF, and $7.6bn on Oct 19, 2026 for F/m US Treasury 3 Month Bill Fund.
SGOV costs 0.06 points a year less; both returned +3.7% over a year; SGOV is 15.3 times larger.
| SGOV | TBIL | |
|---|---|---|
| Expense ratio | 0.09% | 0.15% |
| Net assets, as of Oct 19, 2026 | $116.3bn | $7.6bn |
| Total return, 1 year | +3.7% | +3.7% |
| What it tracks | ICE 0-3 Month US Treasury Securities Index | Bloomberg US Treasury Bellwether 3M Total Return USD Unhedged Index (I00087US) |
| Holdings in common | 4% | |
Holdings in common uses holdings dated May 31, 2026.
SGOV and TBIL are built for the same job. How do they differ in cost, holdings and results?
- What each follows. SGOV follows ICE 0-3 Month US Treasury Securities Index and TBIL follows Bloomberg US Treasury Bellwether 3M Total Return USD Unhedged Index (I00087US).
- Holdings in common. 4% of the weight is in the same securities (holdings dated May 31, 2026).
- Number of holdings. SGOV holds 23 positions and TBIL holds 1.
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, SGOV and TBIL hold 4% of their money in the same securities at the same weight. Holdings dated May 31, 2026.
half
4% in common
On the same fields
SGOV and TBIL on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.
About SGOV
SGOV tracks an index of 0-3 month T-bills. Over the year to Oct 20, 2026 it returned +3.7% with distributions reinvested. The prospectus expense ratio is 0.09% a year.
About TBIL
TBIL tracks an index. The prospectus expense ratio is 0.15% a year.
Questions people ask
- Which returned more over the last year, SGOV or TBIL?
- In the year to Oct 20, 2026, with distributions reinvested, SGOV returned +3.7% and TBIL +3.7%.
- Which is cheaper, SGOV or TBIL?
- SGOV is cheaper, by 0.06 percentage points a year. That is about $6 on $10,000 held for a year. Fees come from each fund's prospectus.
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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, SGOV against TBIL, data as of Oct 20, 2026. https://etfiq.com/compare/any/sgov-vs-tbil
ETFIQ. (Oct 20, 2026). SGOV against TBIL. Retrieved from https://etfiq.com/compare/any/sgov-vs-tbil
[SGOV against TBIL (ETFIQ, Oct 20, 2026)](https://etfiq.com/compare/any/sgov-vs-tbil)
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.