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TFLO vs VBIL: Differences, Returns & Fees

TFLO's duration was 0.0 years on Jul 31, 2026 and VBIL's 0.1 on Jun 30, 2026; VBIL charges 0.06% to TFLO's 0.15%. Net assets: $7.2bn on Oct 20, 2026 for iShares Treasury Floating Rate Bond ETF, and $12.8bn on Sep 30, 2026 for Vanguard 0-3 Month Treasury Bill ETF.

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Answers cite the figures on this page.

VBIL costs 0.09 points a year less; their one-year returns differ by 0.3 points; VBIL is 1.8 times larger.

TFLO vs VBIL: Differences, Returns & Fees
TFLOVBIL
Expense ratio0.15%0.06%
Net assets, as of Sep 30, 2026$6.9bn$12.8bn
Total return, 1 year+4.0%+3.7%
What it tracksBloomberg U.S. Treasury Floating Rate IndexBloomberg U.S. Treasury Bills 0-3 Months Index
Holdings in commonreport dates differ

Holdings in common uses holdings dated Jun 30, 2026 and Jul 31, 2026.

+4.0%
TFLO total return, 1 year
+3.7%
VBIL total return, 1 year
0.15%
TFLO expense ratio
0.06%
VBIL expense ratio

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Client brief · page 1 of 2Report BR-57265745BA

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

  1. What each follows. TFLO follows Bloomberg U.S. Treasury Floating Rate Index and VBIL follows Bloomberg U.S. Treasury Bills 0-3 Months Index.
  2. Number of holdings. TFLO holds 8 positions and VBIL holds 28.
  3. One-year total return (similar). Over 1 year to Oct 20, 2026 TFLO returned +4.0% and VBIL +3.7% with distributions reinvested, a gap of 0.3 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.

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On the same fields

TFLO
iShares Treasury Floating Rate Bond ETF
VBIL
Vanguard 0-3 Month Treasury Bill ETF
Where it sits Bond ETF Bond ETF
Issuer iShares Vanguard
What it is Tracks an index Tracks an index of 0-3 Month Treasury Bill
Total return, 1 year +4.0% +3.7%
Its benchmark over the same days +4.0% (USFR) not measured
Gap to its benchmark −0.1 pts vs USFR not measured
Expense ratio 0.15% 0.06%
Holdings 8 28
Net assets, TFLO as of Oct 20, 2026 and VBIL as of Sep 30, 2026 $7.2bn $12.8bn

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

About TFLO

TFLO tracks an index. Over the year to Oct 20, 2026 it returned +4.0% with distributions reinvested, against +4.0% for its benchmark, the Bloomberg U.S. Treasury Floating Rate Index. The prospectus expense ratio is 0.15% a year.

About VBIL

VBIL tracks an index of 0-3 Month Treasury Bill. Over the year to Oct 20, 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, TFLO or VBIL?
In the year to Oct 20, 2026, with distributions reinvested, TFLO returned +4.0% and VBIL +3.7%.
Which is cheaper, TFLO or VBIL?
VBIL is cheaper, by 0.09 percentage points a year. That is about $9 on $10,000 held for a year. Fees come from each fund's prospectus.
Other comparisons
IBDS vs TFLOGSY vs TFLOBILS vs TFLOFLTR vs TFLOBILS vs VBILFLTR vs VBILBILZ vs VBILFTSM vs VBIL
TFLO on its own →VBIL on its own →Hold both: look the portfolio through →Rankings →TFLO dividend history →TFLO holdings →VBIL dividend history →VBIL holdings →Standards and sources →
Where these figures came from
TFLO filings on SEC EDGAR ↗TFLO prospectus with the expense ratio (SEC) ↗iShares page for TFLO ↗VBIL filings on SEC EDGAR ↗VBIL prospectus with the expense ratio (SEC) ↗Vanguard page for VBIL ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

Cite this pageCitation, APA and Markdown

ETFIQ, TFLO against VBIL, data as of Oct 20, 2026. https://etfiq.com/compare/any/tflo-vs-vbil

Open data

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