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SPIP vs BIL

State Street SPDR Portfolio TIPS ETF vs State Street SPDR Bloomberg 1-3 Month T-Bill ETF

SPIP

State Street SPDR Portfolio TIPS ETF

Annual cost

0.12%

Fund size

$1.0B

BIL

State Street SPDR Bloomberg 1-3 Month T-Bill ETF

Annual cost

0.14%

Fund size

$46.1B

Key differences

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

  • BIL is much larger than SPIP. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, BIL has delivered higher annualized returns.

Side-by-side comparison

SPIPBIL
Annual cost (TER)0.12%0.14%
Fund size (AUM)$1.0B$46.1B
Since20072007
Dividend yield3.83%3.90%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+4.8%+3.9%
CAGR 3Y+3.6%+4.7%
CAGR 5Y+0.9%+3.4%
Sharpe 3Y0.024.24
Volatility 1Y3.57%0.20%
Max drawdown-15.38%-0.21%

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

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