BIL vs SPYV
State Street SPDR Bloomberg 1-3 Month T-Bill ETF vs State Street SPDR Portfolio S&P 500 Value ETF
Last updated: 2026-04-10
State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) is an exchange-traded fund issued by SPDR that provides exposure to short-duration U.S. Treasury bonds with low interest rate risk. It charges a low expense ratio of 0.14%. The fund offers an attractive dividend yield of 3.95%. Launched in 2007, the fund has a 19-year track record.
State Street SPDR Portfolio S&P 500 Value ETF (SPYV) is an exchange-traded fund issued by SPDR that provides exposure to large-cap U.S. value stocks trading at below-market valuations. It charges a very low expense ratio of 0.04%. The fund offers a moderate dividend yield of 1.78%. Launched in 2000, the fund has a 26-year track record.
Quick Verdict
SPYV is significantly cheaper at 0.04% vs 0.14% expense ratio, saving you approximately $198 per $10,000 invested over 10 years. Over the past year, SPYV has significantly outperformed with a 22.8% return vs -0.0%. Income investors may prefer BIL for its higher yield (4.0% vs 1.8%).
Key Metrics
Performance Chart
Indexed to 100 at start (5-year comparison)
Performance Comparison
Fee Impact Over Time
Estimated fee cost difference assuming 8% annual returns
Risk Metrics
Based on 5 years of daily returns
Dividend Comparison
Top Holdings
SPYV Top Holdings
| Name | Weight |
|---|---|
| Apple Inc.AAPL | 6.89% |
| Amazon.com, Inc.AMZN | 3.68% |
| Exxon Mobil CorporationXOM | 2.37% |
| Walmart Inc.WMT | 2.02% |
| Costco Wholesale CorporationCOST | 1.66% |
| Tesla, Inc.TSLA | 1.33% |
| Chevron CorporationCVX | 1.31% |
| Bank of America CorporationBAC | 1.25% |
| The Procter & Gamble CompanyPG | 1.22% |
| The Home Depot, Inc.HD | 1.21% |
Which One Should You Choose?
Choose SPYV if...
you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.
Choose SPYV if...
recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.
Choose BIL if...
you prioritize dividend income and want higher regular distributions from your portfolio.