BIL vs IEF

Comparison between SPDR(R) BLOOMBERG 1-3 MONTH T-BILL ETF (BIL, ETF) and ISHARES 7-10 YEAR TREASURY BOND ETF (IEF, ETF).

5-Year PerformanceBIL has outperformed IEF, delivering a return of +3.4% compared to -0.9%

BIL vs IEF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BIL(ETF)	IEF(ETF)
Net Assets	$50B	$49B
Expense Ratio	0.14%	0.15%
Max Drawdown	1.36%	27.72%
Sharpe Ratio	1.34	0.05
5Y Beta	-0.00	-0.00
5Y Dividends CAGR	194.32%	29.93%

Net Assets

Winner

BIL

$50B

IEF

$49B

Expense Ratio

Winner

BIL

0.14%

IEF

0.15%

Max Drawdown

Winner

BIL

1.36%

IEF

27.72%

Sharpe Ratio

Winner

BIL

1.34

IEF

0.05

5Y Beta

BIL

-0.00

Winner

IEF

-0.00

5Y Dividends CAGR

Winner

BIL

194.32%

IEF

29.93%

BIL vs IEF - Historical Returns

Returns include dividend reinvestment.

Period	BIL	IEF
1 month	+0.31%	-0.20%
3 months	+0.87%	-0.23%
6 months	+1.79%	+0.10%
1 year	+3.94%	+4.64%
5 years(CAGR)	+3.36%	-0.94%
10 years(CAGR)	+2.16%	+0.74%
Max(CAGR)	+1.35%	+3.44%

Winner

BIL

+0.31%

IEF

-0.20%

Winner

BIL

+0.87%

IEF

-0.23%

Winner

BIL

+1.79%

IEF

+0.10%

BIL

+3.94%

Winner

IEF

+4.64%

5Y(CAGR)

Winner

BIL

+3.36%

IEF

-0.94%

10Y(CAGR)

Winner

BIL

+2.16%

IEF

+0.74%

Max(CAGR)

BIL

+1.35%

Winner

IEF

+3.44%

BIL vs IEF - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	BIL	IEF
2026	+1.20%	+0.11%
2025	+4.13%	+7.97%
2024	+5.18%	-0.26%
2023	+4.93%	+2.84%
2022	+1.41%	-14.36%
2021	-0.10%	-3.35%
2020	+0.37%	+9.50%
2019	+2.04%	+7.80%
2018	+1.73%	+1.32%
2017	+0.64%	+2.60%
2016	+0.09%	+0.58%
2015	-0.11%	+1.00%
2014	-0.07%	+8.64%
2013	-0.09%	-5.66%
2012	-0.02%	+4.33%
2011	-0.06%	+16.00%
2010	+0.00%	+9.10%
2009	+0.25%	-5.23%
2008	+1.50%	+17.07%
2007	+2.50%	+10.05%
2006	N/A	+2.53%
2005	N/A	+2.44%
2004	N/A	+4.97%
2003	N/A	+3.73%
2002	N/A	+6.25%

BIL vs IEF Drawdown Comparison

The maximum drawdown for BIL was -0.78%, occurring on Dec 9, 2015. Recovery took 2321 trading sessions.

The maximum drawdown for IEF was -23.92%, occurring on Oct 19, 2023. This drawdown has not yet recovered.

The current IEF drawdown is -10.74%.

Rank	BIL	IEF
#1	-0.78% Sep 29, 2008 - Dec 15, 2017	-23.92% Aug 4, 2020 - Oct 19, 2023
#2	-0.63% Sep 17, 2008 - Sep 29, 2008	-10.40% Dec 30, 2008 - Jun 28, 2010
#3	-0.24% Aug 20, 2007 - Sep 7, 2007	-9.07% May 1, 2013 - Oct 14, 2014
#4	-0.21% Mar 20, 2020 - Aug 2, 2022	-8.81% Jul 8, 2016 - May 28, 2019
#5	-0.17% Mar 19, 2008 - Jun 2, 2008	-8.53% Jun 13, 2003 - Mar 16, 2004
#6	-0.15% Jul 16, 2008 - Aug 5, 2008	-8.01% Oct 11, 2010 - Jul 13, 2011
#7	-0.13% Jan 2, 2008 - Jan 14, 2008	-7.21% Mar 16, 2004 - Sep 22, 2004
#8	-0.13% Sep 25, 2007 - Oct 4, 2007	-6.18% Mar 20, 2008 - Sep 15, 2008
#9	-0.11% Oct 4, 2007 - Oct 8, 2007	-5.37% Sep 17, 2008 - Nov 19, 2008
#10	-0.11% Sep 10, 2007 - Sep 12, 2007	-5.35% Jan 30, 2015 - Jan 28, 2016
#11	-0.11% Jan 24, 2008 - Jan 29, 2008	-4.91% Jun 1, 2005 - Sep 21, 2006
#12	-0.10% Jun 27, 2008 - Jul 10, 2008	-4.68% Mar 9, 2020 - Apr 1, 2020
#13	-0.09% Jun 2, 2008 - Jun 10, 2008	-4.40% Sep 22, 2011 - Dec 19, 2011
#14	-0.09% Jun 11, 2007 - Jun 14, 2007	-4.03% Oct 9, 2002 - Feb 13, 2003
#15	-0.09% Sep 17, 2007 - Sep 24, 2007	-3.91% Feb 9, 2005 - May 5, 2005

Correlation

Correlation between BIL and IEF is 0.51 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.51

-101

Dividend Comparison (2002 - 2026)

BIL vs IEF dividend yield comparison.

Year	BIL	IEF
2026	1.15%	1.29%
2025	4.13%	3.77%
2024	5.03%	3.62%
2023	4.93%	2.91%
2022	1.35%	1.96%
2021	0.00%	0.83%
2020	0.30%	1.08%
2019	2.05%	2.08%
2018	1.66%	2.24%
2017	0.68%	1.82%
2016	0.07%	1.81%
2015	0.00%	1.90%
2014	0.00%	2.05%
2013	0.00%	1.77%
2012	0.00%	1.79%
2011	0.00%	2.55%
2010	0.00%	3.24%
2009	0.09%	3.96%
2008	1.58%	3.71%
2007	2.50%	4.29%
2006	0.00%	4.23%
2005	0.00%	3.87%
2004	0.00%	3.74%
2003	0.00%	3.80%
2002	0.00%	2.07%