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ETFs

SPDR Bloomberg 1-3 Month T-Bill ETF

BIL
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 25 2007
Expense Ratio
0.14%
Type
US Bonds
Fund Owner
State Street (SPDR)
Volume (1m avg. daily)
$702,600,782
AUM
$30,527,291,085
Associated Index
Bloomberg 1-3 Month U.S. Treasury Bill Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
TREASURY BILL 10/23 0.00000
10.28%
n/a
TREASURY BILL 10/23 0.00000
9.77%
n/a
TREASURY BILL 11/23 0.00000
7.75%
n/a
TREASURY BILL 11/23 0.00000
7.44%
n/a
TREASURY BILL 10/23 0.00000
7.44%
n/a
TREASURY BILL 10/23 0.00000
7.43%
n/a
TREASURY BILL 11/23 0.00000
6.91%
n/a
TREASURY BILL 11/23 0.00000
5.76%
n/a
TREASURY BILL 11/23 0.00000
5.63%
n/a
TREASURY BILL 10/23 0.00000
5.50%
Invest with BIL

What is BIL?

The SPDR Bloomberg Barclays 1-3 Month T-Bill ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg 1-3 Month U.S. Treasury Bill Index (the "Index"). Seeks to provide exposure to zero coupon U.S. Treasury securities that have a remaining maturity of 1-3 months. Short duration fixed income is less exposed to fluctuations in interest rates than longer duration securities.

ETFs related toBIL

ETFs correlated to BIL include BILS, GBIL, TBLL

BIL
SPDR Series Trust - SPDR Bloomberg 1-3 Month T-Bill ETF
BILS
SPDR Series Trust - SPDR Bloomberg 3-12 Month T-Bill ETF
GBIL
Goldman Sachs ETF Trust - Goldman Sachs Access Treasury 0-1 Year ETF
TBLL
Invesco Capital Management LLC - Invesco Short Term Treasury ETF
XBIL
Rbb Fund Inc - US Treasury 6 Month Bill ETF
USFR
WisdomTree Trust - WisdomTree Floating Rate Treasury Fund
SGOV
iShares Trust - iShares 0-3 Month Treasury Bond ETF
TFLO
BlackRock Institutional Trust Company N.A. - iShares Treasury Floating Rate Bond ETF
XHLF
BondBloxx ETF Trust - BondBloxx Bloomberg Six Month Target Duration US Treasury ETF
TBIL
Rbb Fund Inc - US Treasury 3 Month Bill ETF
PAAA
PGIM ETF Trust - PGIM AAA CLO ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toBIL

#PTAC

Pick the Trending Asset Class

Category

Momentum, Tactical Asset Allocation, Be Risk Aware, Ride the Momentum

Risk Rating

Moderate

#DGE

Diversify with Global Exposure

Category

Momentum, Tactical Asset Allocation, Go Global, Diversification

Risk Rating

Aggressive

Create your own algorithmic trading strategy with BIL using Composer

FAQ

BIL is a US Bonds ETF. The SPDR Bloomberg Barclays 1-3 Month T-Bill ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg 1-3 Month U.S. Treasury Bill Index (the "Index"). Seeks to provide exposure to zero coupon U.S. Treasury securities that have a remaining maturity of 1-3 months. Short duration fixed income is less exposed to fluctuations in interest rates than longer duration securities.

BIL tracks the Bloomberg 1-3 Month U.S. Treasury Bill Index.

No, BIL is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, BIL is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on BIL is 0.0043%. This is the percent change in the value of BIL over the most recent 1-month period. The 3-month return on BIL is 0.013%. This is the percent change in the value of BIL over the most recent 3-month period.

The standard deviation of BIL for the past year is 0.0122%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to BIL include SHY, TLT, and IEI.

ETFs correlated to BIL include BILS, GBIL, and TBLL.

ETFs that are inversely correlated to BIL include XAUG, GAUG, and JMHI.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.