TBIL vs VOO
F/m US Treasury 3 Month Bill ETF vs Vanguard S&P 500 ETF
Which is better, TBIL or VOO?
Short Term High Quality against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | TBIL | VOO |
|---|---|---|
| Expense Ratio | 0.15% | 0.03%Best |
| AUM | $7.2B | $997.4B |
| Dividend Yield | 4.00% | 1.04% |
| Holdings | 10 | 509 |
| YTD Return | +2.51% | +12.25%Best |
| 1Y Return | +3.70% | +17.03%Best |
| 3Y Return (annualized) | +4.48% | +21.25%Best |
| 5Y Return (annualized) | - | +13.08% |
| Volatility (annualized) | 0.3%Best | 14.2% |
| Max Drawdown | -0.1%Best | -18.7% |
| $10,000 over 4.1 years | $11,964 | $18,902Best |
| Fund Family | US Benchmark Series | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | Short Term High Quality | Large Cap Blend |
| Inception | Aug 8, 2022 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.1 years row, are measured over the window both funds cover: Aug 18, 2022 to Sep 17, 2026 (4.1 years).
TBIL vs VOO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4.1 years both funds cover.
TBIL vs VOO Performance
F/m US Treasury 3 Month Bill ETF (TBIL) is an ETF from US Benchmark Series and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year TBIL returned +3.70% while VOO returned +17.03%. Year to date, TBIL is up 2.51% versus a gain of 12.25% for VOO.
Over three years, TBIL compounded at +4.48% per year against +21.25% for VOO. Across the full 4-year window we track, VOO has the edge at +16.80% annualized vs +4.47%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.2% compared with 0.3% for TBIL. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -0.1% for TBIL and -18.7% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.02. They move largely independently of each other.
Fees and Cost Over Time
TBIL charges 0.15% per year while VOO charges 0.03%. On a $10,000 position that is $15 vs $3 annually, a gap of $12 per year that compounds over a long holding period. On income, TBIL currently yields 4.00% against 1.04% for VOO.
You are not choosing between two funds in isolation.
Whichever of TBIL and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, TBIL or VOO?
TBIL has an expense ratio of 0.15% while VOO charges 0.03%. VOO is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, TBIL or VOO?
Over the past year TBIL returned +3.70% vs +17.03% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (4 years), TBIL annualized +4.47% vs +16.80% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TBIL or VOO?
VOO has been the more volatile fund at 14.2% annualized versus 0.3% for TBIL. Worst drawdown: TBIL -0.1% vs VOO -18.7%.
Should I hold both TBIL and VOO?
TBIL and VOO have a monthly-return correlation of 0.02, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, TBIL or VOO?
TBIL yields 4.00% while VOO yields 1.04%, so TBIL currently pays the higher dividend yield.
Is VOO better than TBIL?
VOO has a lower expense ratio. VOO led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.