KDRNvsBILSETF Comparison
VS
ETF 2
BILS
State Street SPDR Bloomberg 3-12 Month T-Bill ETF
This fund is part of
Money Market Bonds
+0.03%
Kingsbarn Tactical Bond ETF (KDRN) belongs to the Intl Aggregate Bonds segment. State Street SPDR Bloomberg 3-12 Month T-Bill ETF (BILS) is part of the Money Market Bonds segment. KDRN's top 3 sector exposures are Finance, Sovereign and Industrials. In contrast, BILS's top sector exposures are Sovereign. KDRN is more expensive with a Total Expense Ratio (TER) of 0.62%, versus 0.1354% for BILS. KDRN is down -0.71% year-to-date (YTD) with -$1M in YTD flows. BILS performs better with 2.75% YTD performance, and +$44M in YTD flows. Run a side-by-side ETF comparison of KDRN and BILS 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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KDRN vs BILS performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | KDRN BILS | -0.50%+0.35% | -1.79%+0.90% | -0.71%+2.75% | -1.68%+3.61% | +12.23%+14.02% | n/a+19.21% |
| Flows | KDRN BILS | -+$40M | -+$65M | -$1M+$44M | -$8K+$40M | -$18K+$1.11B | -+$3.89B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | KDRN BILS | +2.78%+0.19% | +3.10%+0.18% | +4.95%+0.22% | n/a+0.27% |
| Max drawdown | KDRN BILS | -2.44%-0.00% | -3.18%-0.00% | -4.16%-0.00% | n/a-0.36% |
| Max drawdown duration | KDRN BILS | 52d2d | 229d2d | 198d2d | n/a342d |
Trading data
KDRN | BILS | |
Last sale 10/16/2026 at 1:46 PM | $22.45 | $99.23 |
| Previous close 10/16/2026 | $22.48 | $99.19 |
| Consolidated volume 10/16/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 30, 2026
1-year trailing difference
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KDRN
is actively managed and doesn’t replicate an indexKDRN | BILS | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 10/16/2026 at 1:46 PM
Live
Closed
KDRN | BILS | |
|---|---|---|
| Last price | $22.45 | $99.23 |
| 1D performance | -0.11% | +0.04% |
| AuM | $1.12 M | $3.90 B |
| E/R | 0.62% | 0.1354% |
Characteristics
KDRN | BILS | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Kings Barn | State Street Investment Management |
| Benchmark | - | Bloomberg 3–12 Month U.S. Treasury Bill Index |
| N° of holdings | 9970 | 18 |
| Asset class | - | Fixed Income |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 21, 2021 | September 23, 2020 |
| ESG | No | No |
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Exposure
Countries
KDRN
USA
58.56%
Other
41.44%
BILS
USA
74.24%
Other
25.76%
Sectors
KDRN
Finance
22.21%
Sovereign
11.22%
Other
66.57%
BILS
Sovereign
74.24%
Other
25.76%
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Diversification
KDRN
Total weight of top 15 holdings out of 15
14.24%
BILS
Total weight of top 15 holdings out of 15
75.05%
Top 15 holdings
Data as of August 31, 2026
KDRN
US82889N5251
11.30%
BlackRock Cash Funds - Institutional
0.87%
USA, Notes 3.5% 31jan2028, USD (U-2028)
0.23%
USA, Notes 4.625% 30apr2029, USD (Y-2029)
0.16%
USA, Notes 4% 31jul2029, USD (AB-2029)
0.16%
USA, Notes 3.875% 15jul2028, USD (AQ-2028)
0.16%
USA, Notes 4.25% 30jun2029, USD (AA-2029)
0.16%
USA, Notes 4.5% 31may2029, USD (Z-2029)
0.15%
USA, Notes 3.625% 31aug2029, USD (AC-2029)
0.15%
USA, Notes 1.125% 29feb2028, USD (H-2028)
0.15%
USA, Notes 4.25% 28feb2029, USD (V-2029)
0.15%
USA, Notes 2.875% 15may2028, USD (C-2028)
0.15%
USA, Notes 4.25% 15jan2028, USD (AJ-2028)
0.15%
USA, Notes 3.5% 31oct2027, USD (BJ-2027)
0.15%
USA, Notes 3.375% 29feb2028, USD (AY-2028)
0.15%
BILS
USA, Bills 0% 21jan2027, USD (364D)
7.28%
USA, Bills 0% 18feb2027, USD (364D)
7.10%
USA, Bills 0% 24dec2026, USD (363D)
7.01%
USA, Bills 0% 7jan2027, USD (182D)
4.60%
USA, Bills 0% 14jan2027, USD (182D)
4.60%
USA, Bills 0% 28jan2027, USD (182D)
4.59%
US912797WB95
4.58%
US912797WC78
4.57%
USA, Bills 0% 3dec2026, USD (182D)
4.49%
USA, Bills 0% 10dec2026, USD (182D)
4.48%
USA, Bills 0% 17dec2026, USD (182D)
4.48%
USA, Bills 0% 4feb2027, USD (182D)
4.43%
USA, Bills 0% 31dec2026, USD (182D)
4.43%
US912797WG82
4.20%
US912797WH65
4.20%
Frequently asked questions about KDRN and BILS
How have the KDRN and BILS ETFs performed in 2026?
As of October 16, 2026, KDRN is down -0.71% year-to-date (YTD), while BILS has returned 2.75%. That puts BILS better performer ahead so far this year.
Which ETF is attracting more investor money: KDRN or BILS?
Year-to-date, the KDRN ETF saw -$1M in flows, compared to +$44M for BILS.
Which ETF is more volatile: KDRN or BILS?
Over the past year, KDRN had a volatility of 3.1%, while BILS experienced 0.18%.
Which ETF is bigger: KDRN or BILS?
As of October 16, 2026, KDRN holds $1.12 M in assets under management (AUM), while BILS manages $3.90 B.
What sectors do the KDRN and BILS ETFs invest in?
KDRN leans toward sectors like Finance and Sovereign. Meanwhile, BILS focuses on Sovereign.
What are the top holdings of the KDRN ETF and BILS ETF?
KDRN top holdings include US82889N5251, BlackRock Cash Funds - Institutional and USA, Notes 3.5% 31jan2028, USD (U-2028). BILS holds in its top three: USA, Bills 0% 21jan2027, USD (364D), USA, Bills 0% 18feb2027, USD (364D) and USA, Bills 0% 24dec2026, USD (363D).
Which ETF is more diversified: KDRN or BILS?
KDRN holds 18320 securities with 14.24% of its assets in the top 15. BILS has 23 securities and a top 15 weight of 75.05%.
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Latest news about KDRN & BILS
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