Data as of Oct 28, 2026.
VBIL vs VTV: Differences, Returns & Fees
Over the year to Oct 28, 2026, VBIL returned +3.7% to VTV's +23.5%; 0% of their weight is in the same names.
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Net assets on Sep 30, 2026: $12.8bn for Vanguard 0-3 Month Treasury Bill ETF and $184.2bn for Vanguard Morningstar Value ETF.
Pair scorecard
VTV costs 0.03 points a year less; their one-year returns differ by 19.8 points; VTV is 14.4 times larger.
| Measure | VBIL | VTV |
|---|---|---|
| Return | ||
| Total return, 1 year | +3.7% | +23.5% |
| Benchmark | ||
| What it tracks | Bloomberg U.S. Treasury Bills 0-3 Months Index | Morningstar US Large Cap Value Index |
| Cost and size | ||
| Expense ratio | 0.06% | 0.03% |
| Net assets, as of Sep 30, 2026 | $12.8bn | $184.2bn |
| Holdings | ||
| Holdings in common | 0% | |
| In the S&P 500, by weight | 98% | |
| Top ten holdings, share of the fund | 23.6% | |
Holdings in common uses holdings dated Sep 30, 2026. Method
Risk and return
Feb 21, 2025 to Oct 23, 2026 · 87 weekly returnsVTV returned more: +32.4% to +6.7%. VBIL swung less: 0.1% to 11.8%. VBIL fell less at its worst: 0.0% to −11.4%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | VBIL | VTV | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +6.7% | +32.4% | VTV | Price change plus distributions, reinvested. |
| Annualized | +3.9% | +18.3% | VTV | Total return as a yearly rate. |
| Price return | +0.8% | +27.6% | VTV | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 0.1% | 11.8% | VBIL | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 0.1% | 8.6% | VBIL | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | 0.0% | −11.4% | VBIL | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | −0.64 | 1.14 | VTV | Return above Treasury bills per unit of volatility. |
| Sortino | −0.90 | 1.57 | VTV | Return above Treasury bills per unit of downside deviation. |
| Calmar | Not measured | 1.60 | 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, VBIL and VTV hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026.
half
0% in common
Only in one fund ↓
Side by side
VBIL and VTV on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
VBIL and VTV do different jobs. What does each one do in a portfolio?
- What each follows. VBIL follows Bloomberg U.S. Treasury Bills 0-3 Months Index and VTV follows Morningstar US Large Cap Value Index.
- Holdings in common. 0% of the weight is in the same securities (holdings dated Sep 30, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 VBIL returned +3.7% and VTV +23.5% with distributions reinvested, a gap of 19.8 points.
Data as of Oct 28, 2026.
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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.
VTV
VTV tracks an index of US value. Over the year to Oct 28, 2026 it returned +23.5% with distributions reinvested. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Sep 30, 2026, 98% of the fund by weight is stocks the S&P 500 also holds, across 300 positions, with the top ten at 23.6%.
Questions people ask
- Which returned more over the last year, VBIL or VTV?
- In the year to Oct 28, 2026, with distributions reinvested, VBIL returned +3.7% and VTV +23.5%.
- Which is cheaper, VBIL or VTV?
- VTV is cheaper, by 0.03 percentage points a year. That is about $3 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.
Cite this pageCitation, APA and Markdown
ETFIQ, VBIL against VTV, data as of Oct 28, 2026. https://etfiq.com/compare/any/vbil-vs-vtv
ETFIQ. (Oct 28, 2026). VBIL against VTV. Retrieved from https://etfiq.com/compare/any/vbil-vs-vtv
[VBIL against VTV (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/vbil-vs-vtv)
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