Skip to Content

SPDR Bloomberg 3-12 Month T-Bill ETF

BILS
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 23 2020
Expense Ratio
0.14%
Type
US Bonds
Fund Owner
State Street (SPDR)
Volume (1m avg. daily)
$47,438,589
AUM
$1,612,725,892
Associated Index
Bloomberg 3-12 Month U.S. Treasury Bill Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

n/a
TREASURY BILL 0 06/01/2023
8.80%
n/a
TREASURY BILL 0 07/13/2023
6.83%
n/a
TREASURY BILL 0 08/10/2023
6.81%
n/a
TREASURY BILL 0 06/15/2023
6.61%
n/a
TREASURY BILL 0 07/20/2023
4.00%
n/a
TREASURY BILL 0 07/27/2023
3.99%
n/a
TREASURY BILL 0 08/03/2023
3.99%
n/a
TREASURY BILL 0 08/17/2023
3.98%
n/a
TREASURY BILL 0 08/24/2023
3.98%
n/a
TREASURY BILL 0 08/31/2023
3.97%
Invest with BILS

What is BILS?

The SPDR Bloomberg Barclays 3-12 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 3-12 Month U.S. Treasury Bill Index (the "Index"). The Bloomberg 3-12 Month U.S. Treasury Bill Index (the Index ) is designed to measure the performance of public obligations of the U.S. Treasury that have a remaining maturity of greater than or equal to 3 months and less than 12 months. The Index includes all publicly issued U.S. Treasury Bills that have a remaining maturity of less than 12 months and at least 3 months, and are rated investment-grade. In addition, the securities must be denominated in U.S. dollars and must have a fixed rate. The Index is market capitalization weighted, with securities held in the Federal Reserve System Open Market Account deducted from the total amount outstanding. The Index is market capitalization weighted.

ETFs related toBILS

ETFs correlated to BILS include OBIL, XHLF, XONE

BILS
SPDR Series Trust - SPDR Bloomberg 3-12 Month T-Bill ETF
OBIL
Rbb Fund Inc - US Treasury 12 Month Bill ETF
XHLF
BondBloxx ETF Trust - BondBloxx Bloomberg Six Month Target Duration US Treasury ETF
XONE
BondBloxx ETF Trust - BondBloxx Bloomberg One Year Target Duration US Treasury ETF
GBIL
Goldman Sachs ETF Trust - Goldman Sachs Access Treasury 0-1 Year ETF
TUA
Simplify Exchange Traded Funds - Simplify Short Term Treasury Futures Strategy ETF
UTWO
Rbb Fund Inc - US Treasury 2 Year Note ETF
CLTL
Invesco Capital Management LLC - Invesco Treasury Collateral ETF
VGSH
Vanguard Group, Inc. - Vanguard Short-Term Treasury ETF
SCHO
Schwab Strategic Trust - Schwab Short-Term U.S. Treasury ETF
SHY
BlackRock Institutional Trust Company N.A. - iShares 1-3 Year Treasury Bond 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 toBILS

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

#BUFF

The Buffett

Category

Classic

Risk Rating

Aggressive

Create your own algorithmic trading strategy with BILS using Composer

FAQ

BILS is a US Bonds ETF. The SPDR Bloomberg Barclays 3-12 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 3-12 Month U.S. Treasury Bill Index (the "Index"). The Bloomberg 3-12 Month U.S. Treasury Bill Index (the Index ) is designed to measure the performance of public obligations of the U.S. Treasury that have a remaining maturity of greater than or equal to 3 months and less than 12 months. The Index includes all publicly issued U.S. Treasury Bills that have a remaining maturity of less than 12 months and at least 3 months, and are rated investment-grade. In addition, the securities must be denominated in U.S. dollars and must have a fixed rate. The Index is market capitalization weighted, with securities held in the Federal Reserve System Open Market Account deducted from the total amount outstanding. The Index is market capitalization weighted.

BILS tracks the Bloomberg 3-12 Month U.S. Treasury Bill Index.

No, BILS 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, BILS 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 BILS is 0.0044%. This is the percent change in the value of BILS over the most recent 1-month period. The 3-month return on BILS is 0.011%. This is the percent change in the value of BILS over the most recent 3-month period.

The standard deviation of BILS for the past year is 0.0088%. 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 BILS include IEI, BIL, and SPTI.

ETFs correlated to BILS include OBIL, XHLF, and XONE.

ETFs that are inversely correlated to BILS include TYO, DFLV, and PST.

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.