SGOV vs BIL: which ETF is better?
iShares 0-3 Month Treasury Bond ETF (SGOV) and State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) compared on fees, holdings overlap, dividend yield, returns and risk, using the latest data.
- SGOV and BIL have high overlap: 58% of each fund by weight sits in the same holdings.
- SGOV is cheaper at 0.09% a year against 0.14% for BIL, about $5 less in fees per $10,000 invested each year.
- Over the last 5 years, SGOV returned an average of 3.9% a year against 3.8% for BIL, with dividends reinvested.
- Overlap by weight
- 58.1%
- Shared holdings
- 14
| SGOV | BIL | |
|---|---|---|
| Name | iShares 0-3 Month Treasury Bond ETF | State Street SPDR Bloomberg 1-3 Month T-Bill ETF |
| Issuer | IShares | SPDR |
| Listed on | NYSE · USD | NYSE Arca · USD |
| Expense ratio | 0.09% | 0.14% |
| Assets (AUM) | $117B | $48.3B |
| Launched | May 26, 2020 | May 25, 2007 |
| Holdings | 23 | 17 |
| Dividend yield (12m) | 3.63% · monthly | 3.67% · monthly |
| Asset class | Fixed Income | Fixed Income |
| Annualised return | SGOV | BIL |
|---|---|---|
| 1 year | +3.8% | +3.7% |
| 3 years | +4.5% | +4.4% |
| 5 years | +3.9% | +3.8% |
| 10 years | — | +2.3% |
| Volatility | 0.2% | 0.2% |
| Max drawdown | -0.0% | -0.2% |
Volatility is the annualised standard deviation of daily returns over 3 years. Max drawdown is the largest fall from a peak over the last 10 years, or since launch.
| Holding | SGOV | BIL |
|---|---|---|
| TREASURY BILL 12/22/2026 | 6.89% | 6.70% |
| TREASURY BILL 12/08/2026 | 8.55% | 6.20% |
| TREASURY BILL 12/15/2026 | 8.21% | 5.98% |
| TREASURY BILL 01/28/2027 | 5.23% | 6.46% |
| TREASURY BILL 01/21/2027 | 5.09% | 7.15% |
| TREASURY BILL 12/17/2026 | 4.76% | 6.41% |
| TREASURY BILL 12/10/2026 | 4.37% | 10.13% |
| TREASURY BILL 12/31/2026 | 4.28% | 6.49% |
| TREASURY BILL 01/14/2027 | 4.22% | 6.35% |
| TREASURY BILL 12/03/2026 | 3.23% | 10.35% |
Pull each fund's details, full price history and holdings into Google Sheets or Excel, so your comparison updates itself.
=SF("SGOV","etfInfo","expenseRatio&assetsUnderManagement&holdingsCount")=SF_TIMESERIES("SGOV","2020-05-01",TODAY(),"dailyAdj")=SF("BIL","etfInfo","expenseRatio&assetsUnderManagement&holdingsCount")=SF_TIMESERIES("BIL","2020-05-01",TODAY(),"dailyAdj")Prices to Nov 6, 2026; holdings last checked Nov 6, 2026. Returns are in each fund's trading currency (USD). Past performance doesn't predict future returns. For information only, not investment advice.
More comparisons
SGOV vs BIL: frequently asked questions
How much do SGOV and BIL overlap?
58.1% by weight. They share 14 holdings, and that share of each fund is invested in exactly the same positions. They share a large core but each adds something the other doesn't.
Is SGOV or BIL cheaper?
SGOV is cheaper. SGOV's expense ratio is 0.09% a year and BIL's is 0.14%, so on $10,000 you'd pay about $9 and $14 a year.
Which has performed better, SGOV or BIL?
Over the last 5 years, SGOV has. SGOV returned 3.9% and BIL 3.8% a year on average, including reinvested dividends, as of Nov 6, 2026. Past returns don't predict future ones.
Which pays a higher dividend, SGOV or BIL?
BIL does. Over the last 12 months SGOV yielded 3.63%, paid monthly, and BIL 3.67%, paid monthly.
Should I hold both SGOV and BIL?
They overlap by 58%, so holding both does spread your money more widely than either alone. Whether that suits you depends on the mix you want. This is general information, not advice.
Build your own fund comparison that updates itself
SheetsFinance pulls prices, dividends, ETF holdings and fund details for 80,000+ assets straight into Google Sheets and Excel.