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TBIL vs HEFA

Comparison between F/M US TREASURY 3 MONTH BILL ETF (TBIL, ETF) and ISHARES CURRENCY HEDGED MSCI EAFE ETF (HEFA, ETF).

TBIL vs HEFA - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
TBIL
$7.10B
HEFA
$7.10B
Expense Ratio
Winner
TBIL
0.15%
HEFA
0.35%
Max Drawdown
Winner
TBIL
0.58%
HEFA
32.39%
Sharpe Ratio
TBIL
0.41
Winner
HEFA
1.78
5Y Beta
Winner
TBIL
0.00
HEFA
0.74
5Y Dividends CAGR
TBIL
N/A
HEFA
20.05%

TBIL vs HEFA - Historical Returns

Returns include dividend reinvestment.

1M
TBIL
+0.28%
Winner
HEFA
+2.31%
3M
TBIL
+0.91%
Winner
HEFA
+11.39%
6M
TBIL
+1.76%
Winner
HEFA
+12.33%
1Y
TBIL
+3.91%
Winner
HEFA
+29.36%
5Y(CAGR)
TBIL
N/A
HEFA
+13.94%
10Y(CAGR)
TBIL
N/A
HEFA
+12.68%
Max(CAGR)
TBIL
+4.51%
Winner
HEFA
+10.75%

TBIL vs HEFA - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

YearTBILHEFA
2026+1.65%+10.72%
2025+4.19%+24.11%
2024+5.14%+13.79%
2023+5.10%+18.27%
2022+1.30%-5.86%
2021N/A+19.07%
2020N/A+0.72%
2019N/A+27.05%
2018N/A-9.58%
2017N/A+15.19%
2016N/A+8.06%
2015N/A+3.94%
2014N/A+6.13%

TBIL vs HEFA Drawdown Comparison

The maximum drawdown for TBIL was -0.10%, occurring on Oct 5, 2022. Recovery took 10 trading sessions.

The maximum drawdown for HEFA was -32.39%, occurring on Mar 16, 2020. Recovery took 226 trading sessions.

The current HEFA drawdown is -1.61%.

RankTBILHEFA
#1-0.10%
Oct 3, 2022 - Oct 17, 2022
-32.39%
Feb 12, 2020 - Jan 5, 2021
#2-0.05%
Dec 23, 2022 - Dec 29, 2022
-23.14%
May 27, 2015 - Mar 1, 2017
#3-0.04%
Aug 10, 2022 - Aug 25, 2022
-15.43%
Jan 23, 2018 - Apr 12, 2019
#4-0.04%
Nov 14, 2022 - Nov 17, 2022
-14.77%
Jan 4, 2022 - Jan 23, 2023
#5-0.04%
Apr 5, 2023 - Apr 12, 2023
-14.28%
Feb 18, 2025 - May 12, 2025
#6-0.02%
Jul 3, 2025 - Jul 9, 2025
-9.79%
Jul 12, 2024 - Oct 14, 2024
#7-0.02%
Aug 2, 2024 - Aug 7, 2024
-9.52%
Feb 25, 2026 - May 21, 2026
#8-0.02%
Mar 4, 2025 - Mar 7, 2025
-9.48%
Sep 4, 2014 - Nov 18, 2014
#9-0.02%
Feb 3, 2025 - Feb 5, 2025
-7.49%
Dec 5, 2014 - Jan 26, 2015
#10-0.02%
Oct 17, 2022 - Oct 25, 2022
-6.87%
Jul 3, 2019 - Sep 12, 2019
#11-0.02%
Jul 9, 2024 - Jul 11, 2024
-6.78%
Jul 31, 2023 - Nov 24, 2023
#12-0.02%
May 1, 2026 - May 5, 2026
-5.83%
Mar 3, 2023 - Apr 10, 2023
#13-0.02%
Feb 2, 2024 - Feb 8, 2024
-5.59%
Nov 16, 2021 - Jan 3, 2022
#14-0.02%
May 7, 2025 - May 9, 2025
-4.97%
Apr 29, 2019 - Jul 1, 2019
#15-0.02%
Jan 3, 2025 - Jan 8, 2025
-4.84%
Jun 19, 2014 - Sep 4, 2014

Correlation

Correlation between TBIL and HEFA is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97
-101

Dividend Comparison (2014 - 2026)

TBIL vs HEFA dividend yield comparison.

YearTBILHEFA
20261.49%0.00%
20254.06%4.40%
20245.02%3.09%
20235.00%3.02%
20221.10%25.14%
20210.00%3.06%
20200.00%2.10%
20190.00%7.56%
20180.00%4.58%
20170.00%2.55%
20160.00%3.17%
20150.00%3.54%
20140.00%3.40%

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