IYR vs BILS

Comparison between ISHARES U.S. REAL ESTATE ETF (IYR, ETF) and SPDR BLOOMBERG 3-12 MONTH T-BILL ETF (BILS, ETF).

5-Year PerformanceIYR has outperformed BILS, delivering a return of +3.5% compared to +3.2%

IYR vs BILS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IYR(ETF)	BILS(ETF)
Net Assets	$4B	$4.10B
Expense Ratio	0.38%	0.14%
Max Drawdown	76.51%	1.20%
Sharpe Ratio	0.62	1.17
5Y Beta	0.52	-0.00
P/E Ratio	30.17	N/A
Forward P/E	29.29	N/A
PEG Ratio	0.28	N/A
5Y Dividends CAGR	3.34%	N/A
5Y EPS CAGR	7.90%	N/A
Debt to Equity	-6.79%	N/A
P/S Ratio	5.73	N/A
P/B Ratio	2.65	N/A

Net Assets

IYR

$4B

Winner

BILS

$4.10B

Expense Ratio

IYR

0.38%

Winner

BILS

0.14%

Max Drawdown

IYR

76.51%

Winner

BILS

1.20%

Sharpe Ratio

IYR

0.62

Winner

BILS

1.17

5Y Beta

IYR

0.52

Winner

BILS

-0.00

P/E Ratio

IYR

30.17

BILS

N/A

Forward P/E

IYR

29.29

BILS

N/A

PEG Ratio

IYR

0.28

BILS

N/A

5Y Dividends CAGR

IYR

3.34%

BILS

N/A

5Y EPS CAGR

IYR

7.90%

BILS

N/A

Debt to Equity

IYR

-6.79%

BILS

N/A

P/S Ratio

IYR

5.73

BILS

N/A

P/B Ratio

IYR

2.65

BILS

N/A

IYR vs BILS - Historical Returns

Returns include dividend reinvestment.

Period	IYR	BILS
1 month	+4.66%	+0.30%
3 months	+5.10%	+0.84%
6 months	+8.72%	+1.79%
1 year	+12.24%	+3.98%
5 years(CAGR)	+3.45%	+3.25%
10 years(CAGR)	+5.61%	N/A
Max(CAGR)	+8.46%	+2.89%

Winner

IYR

+4.66%

BILS

+0.30%

Winner

IYR

+5.10%

BILS

+0.84%

Winner

IYR

+8.72%

BILS

+1.79%

Winner

IYR

+12.24%

BILS

+3.98%

5Y(CAGR)

Winner

IYR

+3.45%

BILS

+3.25%

10Y(CAGR)

IYR

+5.61%

BILS

N/A

Max(CAGR)

Winner

IYR

+8.46%

BILS

+2.89%

IYR vs BILS - Annual Returns (2000 - 2026)

Returns include dividend reinvestment.

Year	IYR	BILS
2026	+9.65%	+1.16%
2025	+4.26%	+4.19%
2024	+3.50%	+5.15%
2023	+11.73%	+4.92%
2022	-24.93%	+0.91%
2021	+43.60%	-0.08%
2020	-4.21%	+0.00%
2019	+31.02%	N/A
2018	-3.81%	N/A
2017	+8.90%	N/A
2016	+8.08%	N/A
2015	+0.39%	N/A
2014	+26.89%	N/A
2013	-0.46%	N/A
2012	+17.48%	N/A
2011	+3.90%	N/A
2010	+26.88%	N/A
2009	+34.13%	N/A
2008	-39.37%	N/A
2007	-18.62%	N/A
2006	+31.33%	N/A
2005	+10.31%	N/A
2004	+30.53%	N/A
2003	+35.37%	N/A
2002	+2.87%	N/A
2001	+11.51%	N/A
2000	+12.29%	N/A

IYR vs BILS Drawdown Comparison

The maximum drawdown for IYR was -74.11%, occurring on Mar 6, 2009. Recovery took 1553 trading sessions.

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

The current IYR drawdown is -1.19%.

Rank	IYR	BILS
#1	-74.11% Feb 7, 2007 - Apr 10, 2013	-0.41% Feb 5, 2021 - Sep 29, 2022
#2	-42.32% Feb 14, 2020 - Apr 20, 2021	-0.08% Oct 6, 2022 - Oct 27, 2022
#3	-33.72% Dec 31, 2021 - Oct 25, 2023	-0.07% Mar 17, 2023 - Mar 23, 2023
#4	-18.84% Apr 1, 2004 - Aug 31, 2004	-0.04% Feb 1, 2024 - Feb 7, 2024
#5	-18.54% May 21, 2013 - Jun 5, 2014	-0.04% Apr 5, 2023 - Apr 13, 2023
#6	-18.38% Apr 12, 2002 - May 20, 2003	-0.04% Mar 13, 2023 - Mar 15, 2023
#7	-17.09% Jan 26, 2015 - May 6, 2016	-0.03% Mar 2, 2023 - Mar 9, 2023
#8	-14.25% Aug 1, 2016 - Sep 11, 2017	-0.03% Apr 8, 2025 - Apr 11, 2025
#9	-13.93% Aug 21, 2001 - Mar 4, 2002	-0.03% Apr 13, 2023 - Apr 19, 2023
#10	-12.64% Dec 6, 2018 - Jan 30, 2019	-0.03% Nov 10, 2022 - Nov 17, 2022
#11	-12.50% Aug 2, 2005 - Jan 6, 2006	-0.03% Oct 28, 2025 - Oct 31, 2025
#12	-12.49% Dec 18, 2017 - Jun 29, 2018	-0.03% Mar 24, 2023 - Mar 30, 2023
#13	-9.61% Mar 17, 2006 - Jul 19, 2006	-0.02% Oct 9, 2020 - Feb 5, 2021
#14	-9.01% Dec 30, 2004 - May 18, 2005	-0.02% Dec 17, 2024 - Dec 19, 2024
#15	-8.39% Aug 20, 2018 - Dec 6, 2018	-0.02% Mar 15, 2023 - Mar 17, 2023

Correlation

Correlation between IYR and BILS is 0.52 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.52

-101

Dividend Comparison (2000 - 2026)

IYR vs BILS dividend yield comparison.

Year	IYR	BILS
2026	0.27%	1.16%
2025	2.48%	4.08%
2024	2.57%	5.01%
2023	2.75%	4.98%
2022	2.92%	1.61%
2021	2.06%	0.00%
2020	2.58%	0.00%
2019	3.05%	0.00%
2018	3.53%	0.00%
2017	3.73%	0.00%
2016	4.41%	0.00%
2015	3.92%	0.00%
2014	3.66%	0.00%
2013	3.78%	0.00%
2012	3.71%	0.00%
2011	3.83%	0.00%
2010	3.52%	0.00%
2009	4.21%	0.00%
2008	8.26%	0.00%
2007	4.40%	0.00%
2006	3.46%	0.00%
2005	4.38%	0.00%
2004	4.23%	0.00%
2003	4.70%	0.00%
2002	6.95%	0.00%
2001	5.01%	0.00%
2000	3.37%	0.00%