Data as of Oct 28, 2026.

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VBIL vs VTWO: Differences, Returns & Fees

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Over the year to Oct 28, 2026, VBIL returned +3.7% to VTWO's +14.3%; 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 $16.6bn for Vanguard Russell 2000 ETF.

At a glance
+3.7%
VBIL total return, 1 year
+14.3%
VTWO total return, 1 year
0.06%
VBIL expense ratio
0.06%
VTWO expense ratio

Pair scorecard

Both cost 0.06% a year; their one-year returns differ by 10.6 points; VTWO is 1.3 times larger.

Points (pts) are percentage points.

VBIL vs VTWO: Differences, Returns & Fees
MeasureVBILVTWO
Return
Total return, 1 year+3.7%+14.3%
Drawdown
Below its high7.5%, high on Aug 14, 2026
Benchmark
What it tracksBloomberg U.S. Treasury Bills 0-3 Months IndexRussell 2000 Index
Cost and size
Expense ratio0.06%0.06%
Net assets, as of Sep 30, 2026$12.8bn$16.6bn
Holdings
Holdings in common0%
In the S&P 500, by weight0%
Top ten holdings, share of the fund5.4%

Holdings in common uses holdings dated Sep 30, 2026. Method

What they share

0%

By the books each fund has filed, VBIL and VTWO hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first VBIL VTWO
MKTLIQ 0.02% 0.05%
Only in one fund ↓
Only in VBIL
United States Treasury Bill 5.76%
United States Treasury Bill 5.74%
United States Treasury Bill 5.21%
United States Treasury Bill 5.21%
United States Treasury Bill 5.19%
United States Treasury Bill 5.11%
United States Treasury Bill 5.04%
United States Treasury Bill 4.95%
Only in VTWO
SLBBH1142 2.36%
Twist Bioscience Corp 0.42%
Moog Inc 0.36%
10X Genomics Inc 0.35%
JFrog Ltd 0.35%
UMB Financial Corp 0.32%
BrightSpring Health Services Inc 0.31%
Glaukos Corp 0.31%
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Side by side

VBIL Vanguard 0-3 Month Treasury Bill ETF VTWO Vanguard Russell 2000 ETF
Where it sits Bond ETF Stock ETF
What it is Tracks an index of 0-3 Month Treasury Bill Tracks the Russell 2000
Total return, 1 year +3.7% +14.3%
Its benchmark over the same days not measured +14.1% (IWM)
Gap to its benchmark not measured +0.2 pts vs IWM
Expense ratio 0.06% 0.06%
Holdings 28 2002
Net assets, as of Sep 30, 2026 $12.8bn $16.6bn

VBIL and VTWO on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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About each fund
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.

VTWO

VTWO tracks the Russell 2000. Over the year to Oct 28, 2026 it returned +14.3% with distributions reinvested, against +14.1% for its benchmark, the Russell 2000 Index. By its holdings published by its issuer as of Sep 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2,002 positions, with the top ten at 5.4%. It sat 7.5% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, VBIL or VTWO?
In the year to Oct 28, 2026, with distributions reinvested, VBIL returned +3.7% and VTWO +14.3%.
Which is cheaper, VBIL or VTWO?
Neither: VBIL and VTWO both charge 0.06% a year. Fees come from each fund's prospectus.
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ETFIQ, VBIL against VTWO, data as of Oct 28, 2026. https://etfiq.com/compare/any/vbil-vs-vtwo

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