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BILS vs SPIP

State Street SPDR Bloomberg 3-12 Month T-Bill ETF vs State Street SPDR Portfolio TIPS ETF

BILS

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

Annual cost

0.14%

Fund size

$3.9B

SPIP

State Street SPDR Portfolio TIPS ETF

Annual cost

0.12%

Fund size

$1.0B

Key differences

Both BILS and SPIP are fixed income ETFs. BILS charges 0.14% a year and SPIP 0.12%. The main difference: BILS is much larger than SPIP. Larger funds are usually more liquid and less likely to close.

  • BILS is much larger than SPIP. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, BILS has delivered higher annualized returns.
  • SPIP has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

BILSSPIP
Annual cost (TER)0.14%0.12%
Fund size (AUM)$3.9B$1.0B
Since20202007
Dividend yield3.85%3.83%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+3.9%+4.8%
CAGR 3Y+4.7%+3.6%
CAGR 5Y+3.3%+0.9%
Sharpe 3Y3.820.02
Volatility 1Y0.23%3.57%
Max drawdown-0.41%-15.38%

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

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