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

In the year to Oct 20, 2026, with distributions reinvested, TBLL returned +3.6% and YEAR +2.8%.

Which is cheaper, TBLL or YEAR?

TBLL is cheaper, by 0.17 percentage points a year. That is about $17 on $10,000 held for a year. Fees come from each fund's prospectus.

Share on X Download as PDF

Compare their flows Ask IQ about these two funds

TBLL vs YEAR: Differences, Returns & Fees

On May 31, 2026 TBLL's duration was 0.3 years and YEAR's 0.9; TBLL charges 0.08% to YEAR's 0.25%. Net assets: $2.6bn on Oct 20, 2026 for Invesco Short Term Treasury ETF, and $1.6bn on Oct 19, 2026 for AB Ultra Short Income ETF.

Ask IQ about this page

Ask IQ about TBLL and YEAR

Answers cite the figures on this page.

TBLL costs 0.17 points a year less; their one-year returns differ by 0.8 points; TBLL is 1.7 times larger.

TBLL vs YEAR: Differences, Returns & Fees
	TBLL	YEAR
Expense ratio	0.08%	0.25%
Net assets, as of Oct 19, 2026	$2.7bn	$1.6bn
Total return, 1 year	+3.6%	+2.8%
What it tracks	ICE U.S. Treasury Short Bond Index	No index, actively managed
Holdings in common	1%

Holdings in common uses holdings dated May 31, 2026.

+3.6%

TBLL total return, 1 year

+2.8%

YEAR total return, 1 year

0.08%

TBLL expense ratio

0.25%

YEAR expense ratio

Client brief · page 1 of 2Report BR-106616BF63

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

What each follows. TBLL follows ICE U.S. Treasury Short Bond Index and YEAR follows No index, actively managed.
Holdings in common. 1% of the weight is in the same securities (holdings dated May 31, 2026).
Cost. TBLL charges 0.08% of assets a year and YEAR 0.25%, a gap of 0.17 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.

Take this comparison to a client

The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.

Not advice. The brief uses the figures on this page, with the data date and a report id. Saved comparisons are listed on your saved page; privacy.

What they hold in common

By the books each fund has filed, TBLL and YEAR hold 1% of their money in the same securities at the same weight. Holdings dated May 31, 2026.

50%

half

1% in common

Positions both hold, largest shared weight first

Holding TBLL YEAR

U.S. Treasury Notes/Bonds, due Dec 31, 2026 1.14% 4.25%

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 Jul 2, 2026 2.62%

U.S. Treasury Bills, due Jul 9, 2026 2.57%

U.S. Treasury Bills, due Jul 16, 2026 2.30%

U.S. Treasury Bills, due Sep 3, 2026 2.23%

U.S. Treasury Bills, due Oct 29, 2026 2.15%

Only in YEAR

U.S. Treasury Notes, due Feb 15, 2028 8.19%

U.S. Treasury Notes, due Mar 31, 2028 4.51%

U.S. Treasury Floating Rate Notes, due Jul 31, 2026 4.20%

U.S. Treasury Notes, due Apr 30, 2028 2.52%

U.S. Treasury Notes, due Jul 15, 2028 2.51%

U.S. Treasury Notes, due Feb 29, 2028 2.46%

U.S. Treasury Notes, due Apr 15, 2029 1.98%

U.S. Treasury Notes, due Mar 31, 2030 1.90%

Check overlap with more funds →

On the same fields

TBLL

Invesco Short Term Treasury ETF

YEAR

AB Ultra Short Income ETF

Where it sits Bond ETF Bond ETF

Issuer Invesco AllianceBernstein

What it is Tracks an index Actively managed

Total return, 1 year +3.6% +2.8%

Its benchmark over the same days +3.6% (TRSY) −1.9% (AGG)

Gap to its benchmark 0.0 pts vs TRSY +4.8 pts vs AGG

Expense ratio 0.08% 0.25%

Holdings 93 141

Net assets, TBLL as of Oct 20, 2026 and YEAR as of Oct 19, 2026 $2.6bn $1.6bn

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

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.

About YEAR

YEAR is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +2.8% with distributions reinvested, against −1.9% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.25% a year.

Questions people ask

Which returned more over the last year, TBLL or YEAR?: In the year to Oct 20, 2026, with distributions reinvested, TBLL returned +3.6% and YEAR +2.8%.
Which is cheaper, TBLL or YEAR?: TBLL is cheaper, by 0.17 percentage points a year. That is about $17 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

RAVI vs TBLL TBLL vs VGUS DUSB vs TBLL FLDR vs TBLL IBDR vs YEAR CLIP vs YEAR BSCQ vs YEAR FLRN vs YEAR

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

Where these figures came from

TBLL filings on SEC EDGAR ↗TBLL prospectus with the expense ratio (SEC) ↗Invesco page for TBLL ↗YEAR filings on SEC EDGAR ↗YEAR prospectus with the expense ratio (SEC) ↗

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, TBLL against YEAR, data as of Oct 20, 2026. https://etfiq.com/compare/any/tbll-vs-year

Open data

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