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BILS vs BWZ

State Street SPDR Bloomberg 3-12 Month T-Bill ETF vs State Street SPDR Bloomberg Short Term International Treasury Bond ETF

BILS

State Street SPDR Bloomberg 3-12 Month T-Bill ETF

Annual cost

0.14%

Fund size

$3.9B

BWZ

State Street SPDR Bloomberg Short Term International Treasury Bond ETF

Annual cost

0.35%

Fund size

$312M

Key differences

Both BILS and BWZ are fixed income ETFs. BILS charges 0.14% a year and BWZ 0.35%. The main difference: BILS covers North America; BWZ covers global markets excluding the US.

  • BILS covers North America; BWZ covers global markets excluding the US.
  • BILS costs 0.21% less per year.
  • BILS is much larger than BWZ. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, BILS has delivered higher annualized returns.
  • BWZ has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

BILSBWZ
Annual cost (TER)0.14%0.35%
Fund size (AUM)$3.9B$312M
Since20202009
Dividend yield3.85%2.05%
Asset classfixed incomefixed income
Regionnorth americaglobal ex us
Strategyindex trackingindex tracking
CAGR 1Y+3.9%-0.2%
CAGR 3Y+4.7%+2.6%
CAGR 5Y+3.3%-2.0%
Sharpe 3Y3.87-0.11
Volatility 1Y0.23%6.83%
Max drawdown-0.41%-24.89%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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