BILvsSHVETF Comparison
VS
State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) and iShares 0–1 Year Treasury Bond ETF (SHV) have similar underlying exposures to countries and sectors. They also belong to the same industry segment: Money Market Bonds. Both ETFs have the same top 3 sector exposures: BIL is less expensive with a Total Expense Ratio (TER) of 0.1353%, versus 0.15% for SHV. BIL is up 1.13% year-to-date (YTD) with +$3.76B in YTD flows. SHV performs worse with 1.1% YTD performance, and +$667M in YTD flows. Run a side-by-side ETF comparison of BIL and SHV below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
BIL vs SHV performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 04/29/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | BIL SHV | +0.29%+0.29% | +0.87%+0.84% | +1.13%+1.10% | +3.94%+3.94% | +14.69%+14.69% | +17.81%+17.31% |
| Flows | BIL SHV | -$3.06B-$234M | +$4.16B+$678M | +$3.76B+$667M | -$1.58B-$2.56B | +$17.10B-$2.81B | +$34.30B+$5.72B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | BIL SHV | +0.14%+0.14% | +0.15%+0.16% | +0.19%+0.20% | +0.21%+0.25% |
| Max drawdown | BIL SHV | n/an/a | n/an/a | n/an/a | -0.09%-0.43% |
| Max drawdown duration | BIL SHV | n/an/a | n/an/a | n/an/a | 425d517d |
Trading data
BIL | SHV | |
Last sale 4/30/2026 at 2:18 PM | $91.65 | |
| Previous close 04/29/2026 | $91.63 | |
| Consolidated volume 04/29/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of March 31, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
BIL | SHV | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 4/30/2026 at 2:18 PM
Live
Closed
BIL | SHV | |
|---|---|---|
| Last price | $91.65 | – |
| 1D performance | +0.02% | – |
| AuM | $46.58 B | $20.67 B |
| E/R | 0.1353% | 0.15% |
Characteristics
BIL | SHV | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | State Street Investment Management | iShares |
| Benchmark | Bloomberg U.S. Treasury Bills 1-3 Months Index | ICE U.S. Treasury Short Bond Index |
| N° of holdings | 1 | 14 |
| Asset class | Fixed Income | Fixed Income |
| Trailing 12m distribution yield | Join | Join |
| Inception date | May 25, 2007 | January 5, 2007 |
| ESG | No | No |
Advertisement
Exposure
Countries
BIL
USA
100.1%
Other
-0.1%
SHV
USA
101.75%
Other
-1.75%
Sectors
BIL
Other
100%
SHV
Sovereign
13.85%
Other
86.15%
Advertisement
Diversification
BIL
Total weight of top 15 holdings out of 15
95.37%
SHV
Total weight of top 15 holdings out of 15
54.12%
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%
SHV
US912797QN08
5.11%
US912797TK32
4.92%
US912797TG20
4.50%
US912797TL15
4.14%
US912797UP00
4.08%
US912797UA31
3.72%
US912797TJ68
3.52%
US912797RF64
3.21%
US912797TN70
3.14%
US912797TR84
3.09%
US912797QD26
3.07%
US912797UH83
2.99%
US912797UR65
2.96%
US912797SL24
2.95%
US912797TH03
2.72%
Frequently asked questions about BIL and SHV
How have the BIL and SHV ETFs performed in 2026?
As of April 29, 2026, BIL is up 1.13% year-to-date (YTD), while SHV has returned 1.1%. That puts BIL better performer ahead so far this year.
Which ETF is attracting more investor money: BIL or SHV?
Year-to-date, the BIL ETF saw +$3.76B in flows, compared to +$667M for SHV.
Which ETF is more volatile: BIL or SHV?
Over the past year, BIL had a volatility of 0.15%, while SHV experienced 0.16%.
Which ETF is bigger: BIL or SHV?
As of April 29, 2026, BIL holds $46.58 B in assets under management (AUM), while SHV manages $20.67 B.
What are the top holdings of the BIL ETF and SHV ETF?
BIL top holdings include US912797SP38, US912797QN08 and US912797QX89. SHV holds in its top three: US912797QN08, US912797TK32 and US912797TG20.
Which ETF is more diversified: BIL or SHV?
BIL holds 17 securities with 95.37% of its assets in the top 15. SHV has 64 securities and a top 15 weight of 54.12%.
Advertisement
Latest news about BIL & SHV
Replace Your Savings Account and CDs With These Low-Risk ETFs
November 13, 2024
BIL
3 Cash-Like ETFs for Sleeping Well at Night
June 5, 2024
BIL
Low Risk Treasury Bill ETFs Are Now Yielding 5% and Above
October 2, 2023
BIL
ETF Insights: Top 5 Fund Flows and Segments for August 2023
September 7, 2023
BIL
Advertisement
10-Year Treasury Yield Rises to 4.3% in a Return to October 2007 Highs
August 23, 2023
BIL
10-Year Treasury Yield Rises to 4.3% in a Return to October 2007 Highs
August 23, 2023
BIL
Fed Hikes Interest Rates to 22 Year Highs: ETF Types to Watch
August 2, 2023
BIL
Advertisement
