BILS vs AAXJ

Comparison between STATE STREET(R) SPDR(R) BLOOMBERG 3-12 MONTH T-BILL ETF (BILS, ETF) and ISHARES MSCI ALL COUNTRY ASIA EX JAPAN ETF (AAXJ, ETF).

5-Year PerformanceAAXJ has outperformed BILS, delivering a return of +6.4% compared to +3.3%

BILS vs AAXJ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BILS(ETF)	AAXJ(ETF)
Net Assets	$3.90B	$4B
Expense Ratio	0.14%	0.72%
Max Drawdown	1.20%	49.37%
Sharpe Ratio	0.63	1.68
5Y Beta	-0.00	0.86
5Y Dividends CAGR	N/A	7.97%

Net Assets

BILS

$3.90B

Winner

AAXJ

$4B

Expense Ratio

Winner

BILS

0.14%

AAXJ

0.72%

Max Drawdown

Winner

BILS

1.20%

AAXJ

49.37%

Sharpe Ratio

BILS

0.63

Winner

AAXJ

1.68

5Y Beta

Winner

BILS

-0.00

AAXJ

0.86

5Y Dividends CAGR

BILS

N/A

AAXJ

7.97%

BILS vs AAXJ - Historical Returns

Returns include dividend reinvestment.

Period	BILS	AAXJ
1 month	+0.32%	+3.53%
3 months	+0.89%	+20.68%
6 months	+1.69%	+29.77%
1 year	+3.92%	+46.37%
5 years(CAGR)	+3.32%	+6.42%
10 years(CAGR)	N/A	+10.36%
Max(CAGR)	+2.89%	+6.77%

BILS

+0.32%

Winner

AAXJ

+3.53%

BILS

+0.89%

Winner

AAXJ

+20.68%

BILS

+1.69%

Winner

AAXJ

+29.77%

BILS

+3.92%

Winner

AAXJ

+46.37%

5Y(CAGR)

BILS

+3.32%

Winner

AAXJ

+6.42%

10Y(CAGR)

BILS

N/A

AAXJ

+10.36%

Max(CAGR)

BILS

+2.89%

Winner

AAXJ

+6.77%

BILS vs AAXJ - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

Year	BILS	AAXJ
2026	+1.49%	+22.63%
2025	+4.19%	+32.06%
2024	+5.15%	+12.32%
2023	+4.92%	+3.42%
2022	+0.91%	-20.91%
2021	-0.08%	-6.56%
2020	+0.00%	+21.04%
2019	N/A	+18.74%
2018	N/A	-16.78%
2017	N/A	+40.39%
2016	N/A	+7.84%
2015	N/A	-9.87%
2014	N/A	+6.28%
2013	N/A	-0.52%
2012	N/A	+20.37%
2011	N/A	-21.26%
2010	N/A	+13.23%
2009	N/A	+60.72%
2008	N/A	-32.98%

BILS vs AAXJ Drawdown Comparison

The maximum drawdown for BILS was -0.41%, occurring on Jun 14, 2022. Recovery took 415 trading sessions.

The maximum drawdown for AAXJ was -49.37%, occurring on Nov 20, 2008. Recovery took 232 trading sessions.

The current AAXJ drawdown is -4.62%.

Rank	BILS	AAXJ
#1	-0.41% Feb 5, 2021 - Sep 29, 2022	-49.37% Aug 15, 2008 - Jul 20, 2009
#2	-0.08% Oct 6, 2022 - Oct 27, 2022	-44.50% Feb 17, 2021 - Oct 20, 2025
#3	-0.07% Mar 17, 2023 - Mar 23, 2023	-32.99% Jan 26, 2018 - Oct 9, 2020
#4	-0.04% Feb 1, 2024 - Feb 7, 2024	-31.09% Apr 27, 2015 - May 25, 2017
#5	-0.04% Apr 5, 2023 - Apr 13, 2023	-29.50% Apr 21, 2011 - May 16, 2014
#6	-0.04% Mar 13, 2023 - Mar 15, 2023	-15.57% Apr 14, 2010 - Sep 20, 2010
#7	-0.03% Mar 2, 2023 - Mar 9, 2023	-14.07% Jan 11, 2010 - Apr 1, 2010
#8	-0.03% Apr 8, 2025 - Apr 11, 2025	-13.66% Feb 25, 2026 - Apr 17, 2026
#9	-0.03% Apr 13, 2023 - Apr 19, 2023	-10.90% Sep 5, 2014 - Apr 8, 2015
#10	-0.03% Nov 10, 2022 - Nov 17, 2022	-9.49% Nov 5, 2010 - Apr 21, 2011
#11	-0.03% Oct 28, 2025 - Oct 31, 2025	-9.25% Jun 2, 2026 - Jun 5, 2026
#12	-0.03% Mar 24, 2023 - Mar 30, 2023	-8.35% Aug 3, 2009 - Sep 10, 2009
#13	-0.02% Oct 9, 2020 - Feb 5, 2021	-8.19% Oct 19, 2009 - Nov 16, 2009
#14	-0.02% Dec 17, 2024 - Dec 19, 2024	-6.51% Jul 20, 2009 - Aug 3, 2009
#15	-0.02% Mar 15, 2023 - Mar 17, 2023	-5.95% Oct 29, 2025 - Jan 2, 2026

Correlation

Correlation between BILS and AAXJ is 0.58 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.58

-101

Dividend Comparison (2008 - 2026)

BILS vs AAXJ dividend yield comparison.

Year	BILS	AAXJ
2026	1.47%	0.00%
2025	4.08%	1.81%
2024	5.01%	1.86%
2023	4.98%	1.95%
2022	1.61%	1.74%
2021	0.00%	2.21%
2020	0.00%	1.06%
2019	0.00%	1.83%
2018	0.00%	2.10%
2017	0.00%	1.99%
2016	0.00%	1.77%
2015	0.00%	2.44%
2014	0.00%	1.78%
2013	0.00%	1.77%
2012	0.00%	1.73%
2011	0.00%	2.11%
2010	0.00%	1.51%
2009	0.00%	1.26%
2008	0.00%	0.19%