BIL vs SGOV
State Street SPDR Bloomberg 1-3 Month T-Bill ETF vs iShares 0-3 Month Treasury Bond ETF
Last updated: 2026-04-02
State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) is an exchange-traded fund that provides exposure to short-duration U.S. Treasury bonds with low interest rate risk. It charges a low expense ratio of 0.14%. The fund offers a high dividend yield of 4.02%. Launched in 2007, the fund has a 19-year track record.
iShares 0-3 Month Treasury Bond ETF (SGOV) is an exchange-traded fund that provides exposure to short-duration U.S. Treasury bonds with low interest rate risk. It charges a low expense ratio of 0.09%. The fund offers a high dividend yield of 4.01%. Launched in 2020, the fund has a 6-year track record.
Quick Verdict
SGOV has a slightly lower expense ratio (0.09% vs 0.14%), saving about $99 per $10,000 over 10 years. Both funds have delivered similar 1-year returns (-0.0% vs 0.0%), tracking closely.
Key Metrics
Performance Chart
Indexed to 100 at start (5-year comparison)
Performance Comparison
Fee Impact Over Time
Estimated fee cost difference assuming 8% annual returns
Risk Metrics
Based on 5 years of daily returns
Dividend Comparison
Which One Should You Choose?
Choose SGOV if...
you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.
Either works if...
you just need broad us short-term treasury exposure. Both are solid options — pick whichever your brokerage offers commission-free.