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BILvsPULSETF Comparison

ETF 1

BIL

State Street SPDR Bloomberg 1-3 Month T-Bill ETF

This fund is part of

Money Market Bonds

+0.02%

Full BIL fund page

VS

ETF 2

PULS

PGIM Ultra Short Bond ETF

This fund is part of

Money Market Bonds

+0.02%

Full PULS fund page

State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) and PGIM Ultra Short Bond ETF (PULS) belong to the same industry segment: Money Market Bonds. BIL is less expensive with a Total Expense Ratio (TER) of 0.1353%, versus 0.15% for PULS. BIL is up 1.31% year-to-date (YTD) with +$3.06B in YTD flows. PULS performs better with 1.49% YTD performance, and +$2.71B in YTD flows. Run a side-by-side ETF comparison of BIL and PULS below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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BIL vs PULS performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 05/15/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	BIL PULS	+0.31%+0.34%	+0.87%+0.85%	+1.31%+1.49%	+3.94%+4.80%	+14.70%+17.77%	+18.02%+22.02%
Flows	BIL PULS	-$4.26B+$1.39B	+$2.93B+$2.08B	+$3.06B+$2.71B	-$127M+$4.86B	+$16.01B+$11.50B	+$33.63B+$14.59B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	BIL PULS	+0.13%+0.36%	+0.15%+0.29%	+0.19%+0.33%	+0.20%+0.39%
Max drawdown	BIL PULS	n/a-0.04%	n/a-0.04%	n/a-0.32%	-0.09%-0.53%
Max drawdown duration	BIL PULS	n/a7d	n/a7d	n/a20d	406d380d

Trading data

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	BIL	PULS
Last sale 5/15/2026 at 1:30 PM	$91.53	$49.63
Previous close 05/14/2026	$91.51	$49.63
Consolidated volume 05/14/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of April 30, 2026

1-year trailing difference

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PULS

is actively managed and doesn’t replicate an index

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	BIL	PULS
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 5/15/2026 at 1:30 PM

Live

Closed

	BIL	PULS
Last price	$91.53	$49.63
1D performance	+0.02%	+0.00%
AuM	$45.82 B	$16.04 B
E/R	0.1353%	0.15%

Characteristics

	BIL	PULS
Management strategy	Passive	Active
Provider	State Street Investment Management	PGIM
Benchmark	Bloomberg U.S. Treasury Bills 1-3 Months Index	-
N° of holdings	1	-
Asset class	Fixed Income	-
Trailing 12m distribution yield	Join	Join
Inception date	May 25, 2007	April 5, 2018
ESG	No	No

More BIL data on Trackinsight

More PULS data on Trackinsight

Exposure

Countries

BIL

USA

100.1%

Other

-0.1%

PULS

Data will be available soon

Sectors

BIL

Other

100%

PULS

Data will be available soon

Diversification

BIL

Total weight of top 15 holdings out of 15

95.37%

PULS

Data will be available soon

Top 15 holdings

Data as of March 31, 2026

BIL

US912797SP38

10.38%

US912797QN08

9.32%

US912797QX89

8.83%

US912797TE71

7.01%

US912797SW88

6.96%

US912797SV06

6.87%

US912797SX61

6.83%

US912797TD98

6.82%

US912797TL15

6.51%

US912797TR84

6.31%

US912797TS67

5.93%

US912797TT41

5.92%

US912797TU14

2.61%

US912797UA31

2.56%

US912797TZ01

2.51%

PULS

Data will be available soon

Frequently asked questions about BIL and PULS

How have the BIL and PULS ETFs performed in 2026?

As of May 15, 2026, BIL is up 1.31% year-to-date (YTD), while PULS has returned 1.49%. That puts PULS better performer ahead so far this year.

Which ETF is attracting more investor money: BIL or PULS?

Year-to-date, the BIL ETF saw +$3.06B in flows, compared to +$2.71B for PULS.

Which ETF is more volatile: BIL or PULS?

Over the past year, BIL had a volatility of 0.15%, while PULS experienced 0.29%.

Which ETF is bigger: BIL or PULS?

As of May 15, 2026, BIL holds $45.82 B in assets under management (AUM), while PULS manages $16.04 B.

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November 13, 2024

BIL

PULS

BILvsPULSETF Comparison

State Street SPDR Bloomberg 1-3 Month T-Bill ETF

PGIM Ultra Short Bond ETF

BIL vs PULS performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the BIL and PULS ETFs performed in 2026?

As of May 15, 2026, BIL is up 1.31% year-to-date (YTD), while PULS has returned 1.49%. That puts PULS better performer ahead so far this year.

Which ETF is attracting more investor money: BIL or PULS?

Year-to-date, the BIL ETF saw +$3.06B in flows, compared to +$2.71B for PULS.

Which ETF is more volatile: BIL or PULS?

Over the past year, BIL had a volatility of 0.15%, while PULS experienced 0.29%.

Which ETF is bigger: BIL or PULS?

As of May 15, 2026, BIL holds $45.82 B in assets under management (AUM), while PULS manages $16.04 B.

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