BIL
SPDR Bloomberg 1-3 Month T-Bill ETF

Price: $91.63
Change: $0.02 (0.0%)
Category: Government Bonds
Last Updated:

Vitals

Issuer State Street
Brand SPDR
Structure ETF
Expense Ratio 0.14%
ETF Home Page Home page
Inception May 25, 2007

Analyst Report

This popular ETF offers exposure to the ultrashort end of the maturity curve, focusing on zero coupon U.S. T-Bills with less than three months until maturity. BIL is extremely light on both interest rate risk and credit risk, and as such will generally deliver a very low expected return. BIL can be a great safe haven to park assets in volatile markets, but won’t deliver much in the way of current yield.

ETF Database Themes

Category Government Bonds
Asset Class Bond
Region (General) North America
Region (Specific) U.S.
Bond Type(s) Treasuries
Bond Duration Ultra Short-Term

FactSet Classifications

Segment Fixed Income: U.S. - Government, Treasury Investment Grade Ultra-Short Term
Category Government, Treasury
Focus Investment Grade
Niche Ultra-Short Term
Strategy Vanilla
Weighting Scheme Market Value

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $90.70
  • 52 Week Hi $91.64
  • AUM $26,287.3 M
  • Shares 287.0 M

Historical Trading Data

  • 1 Month Avg. Volume 6,963,108
  • 3 Month Avg. Volume 6,720,421

Alternative ETFs in the ETF Database Government Bonds Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest SCHO 0.03% $10.0 B 2 M -4.29%
Largest (AUM) SHY 0.15% $28.7 B 6 M -4.28%
Most Liquid (Volume) TLT 0.15% $26.1 B 21 M -29.03%
Top YTD Performer RISR 1.01% $80.4 M 67,732 27.32%

Alternative ETFs in the FactSet Fixed Income: U.S. - Government, Treasury Investment Grade Ultra-Short Term Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest XHLF 0.03% $64.6 M N/A N/A
Largest (AUM) SHV 0.15% $20.1 B 4 M 0.49%
Most Liquid (Volume) SHV 0.15% $20.1 B 4 M 0.49%
Top YTD Performer SGOV 0.05% $5.7 B 1 M 1.15%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

BIL ETF Database Category Average FactSet Segment Average
Number of Holdings 13 57 22
% of Assets in Top 10 86.25% 61.85% 72.03%
% of Assets in Top 15 99.99% 72.11% 81.17%
% of Assets in Top 50 99.99% 92.47% 89.96%

Size Comparison

BIL ETF Database Category Average FactSet Segment Average
Large (>12.9B) N/A N/A N/A
Mid (>2.7B) N/A N/A N/A
Small (>600M) N/A N/A N/A
Micro (<600M) N/A N/A N/A

BIL Valuation

This section compares the P/E ratio of this ETF to its peers.

BIL
P/E Ratio
N/A
ETF Database Category Average
P/E Ratio
N/A
FactSet Segment Average
P/E Ratio
N/A

BIL Dividend

This section compares the dividend yield of this ETF to its peers.

BIL ETF Database Category Average FactSet Segment Average
Dividend N/A $ 0.07 $ 0.04
Dividend Date 2020-12-01 N/A N/A
Annual Dividend Rate N/A $ 0.67 $ 0.04
Annual Dividend Yield 0.02% 0.87% 0.08%

BIL Price and Volume Charts

View charts featuring BIL price and volume data.

BIL Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: 210.47 M 1 Month Net Flows: -215.97 M 3 Month Net Flows: 10.18 B 6 Month Net Flows: 7.28 B 1 Year Net Flows: 13.17 B 3 Year Net Flows: 17.8 B 5 Year Net Flows: 24.49 B 10 Year Net Flows: 24.69 B

BIL Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.