Skip to content
etf.net

TRSY vs VBIL

Xtrackers US 0-1 Year Treasury ETF

TRSYACboe

Vanguard 0-3 Month Treasury Bill ETF

VBILANasdaq

Overlap

No data

Expense ratio

Same figure. Both funds show the same value, so neither comes out ahead.

TRSY0.06%VBIL0.06%

Avg volume · 30D

VBIL 90.4×the volume

TRSY33.2KVBIL3M

TRSY vs VBIL Performance

Oct 31, 2025 – Nov 2, 2026

+3.6%TRSY+3.8%VBIL

Oct 31, 2025 to Nov 2, 2026. TRSY +3.6%. VBIL +3.8%. Use the arrow keys to read each point.0%1%2%Oct 2025May 2026Nov 2026
Expense ratio
TRSY 0.06%
VBIL 0.06%
Fund size
TRSY $103M
VBIL $12.8B
1Y total return
TRSY +3.6%
VBIL +3.8%, better
Yield (12M)
TRSY 3.75%
VBIL 3.82%, better
Holdings
TRSY 89
VBIL 29
Avg volume (30D)
TRSY 33.2K sh
VBIL 3M sh, better
NAV per share
TRSY $30.22
VBIL $75.76
52W range

ETF.net Grade

TRSY: Cost 95, Risk 48, Mission 100, Tradability 56, Holdings 61, Durability 34. VBIL: Cost 95, Risk 48, Mission 100, Tradability 84, Holdings 43, Durability 79.
Pillar letters and Scores for TRSY, VBIL, with each pillar’s weight
PillarTRSYVBIL
Cost30% weightA95A95
Mission25% weightA100A100
Risk15% weightC48C48
Tradability15% weightB56A84Higher
Holdings10% weightB61HigherC43
Durability5% weightD34A79Higher

Rank among Cash & Ultra-Short Income funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. TRSY and VBIL are both graded against the same 78 Cash & Ultra-Short Income funds, so their Grades compare head to head.

Cash & Ultra-Short Income⁠

Category · 78 funds
See all 78 ›

VBIL ranks 3rd and TRSY 13th of 78 funds in the Cash & Ultra-Short Income Category.

  1. Rank 1AICSHiShares Ultra Short Duration Bond Active ETFScore 84
  2. Rank 2ACLIPGlobal X 1-3 Month T-Bill ETFScore 82
  3. Rank 3AVBILVanguard 0-3 Month Treasury Bill ETFScore 81
  4. Rank 3AVUSBVanguard Ultra-Short Bond ETFScore 81
  5. Rank 13ADUSBDimensional Ultrashort Fixed Income ETFScore 76
  6. Rank 13ATRSYXtrackers US 0-1 Year Treasury ETFScore 76
  7. Rank 15ABILSState Street SPDR Bloomberg 3-12 Month T-Bill ETFScore 75

Our read on each fund

ETF.net Research

TRSYAXtrackers US 0-1 Year Treasury ETF

VBILAVanguard 0-3 Month Treasury Bill ETF

In short

TRSY No data

VBIL Vanguard's cash-parking ETF: roughly two dozen Treasury bills, none maturing more than three months out, at 0.06% a year. It landed in 2025 and undercut most of the T-bill shelf on price.

Stated mandate

TRSY No data

VBIL VBIL seeks to track the performance of a market-weighted Treasury index with an ultra-short-term dollar-weighted average maturity, using a passive approach designed to follow the Bloomberg U.S. Treasury Bills 0-3 Months Index.

Why people hold it

TRSY No data

  • VBIL It charges 0.06% a year, well under the 0.14% median for 0-1 year Treasury funds and under the category veteran, BIL.
  • Plain passive mandate on the Bloomberg U.S. Treasury Bills 0-3 Months Index, tracked very closely. One of the tightest implementations in its peer group.vanguard.com
  • Roughly two dozen bills backed by the US Treasury, every one maturing inside three months. Interest goes out monthly.
  • A multi-billion-dollar fund with active daily trading, which tends to keep bid-ask costs small.

Worth knowing

TRSY No data

  • VBIL The payout floats with short-term rates. Monthly income rises and falls with what bills yield, and nothing about it is fixed.
  • It opened in 2025, so its live record is short next to T-bill funds that have been running for years.
  • Stretching maturity gets cheaper: peer XONE targets one-year duration at 0.03%, trading lower cost for more rate sensitivity.

Full TRSY profile⁠

Full VBIL profile⁠

TRSY vs VBIL Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

TRSY vs VBIL Cost

Same expense ratio

$1,270

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • TRSY 0.06%

    $1,270

  • VBIL 0.06%

    $1,270

$10,000
30 years

Cost over time

  • TRSY 0.06%
  • VBIL 0.06%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$500$1K$1.5K051015202530TRSY $1,270VBIL $1,270

Year by year

YearTRSYVBIL
10$110$110
20$432$432
30$1,270$1,270

Expense ratio

  • 0.06%TRSY
  • 0.06%VBIL
  • Middle half of Cash & Ultra-Short Income funds
  • Median 0.18%

TRSY 6th cheapest of 78 funds

VBIL 6th cheapest of 78 funds

TRSY vs VBIL Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
TRSY 3.75%
VBIL 3.82%, better
Payout (12M)
TRSY $1.13
VBIL $2.89
Last payment
TRSY $0.10
VBIL $0.24
Ex-dividend
TRSY Nov 2, 2026
VBIL Nov 2, 2026
Paid on
TRSY Pays Nov 9, 2026
VBIL Pays Nov 4, 2026
Frequency
TRSY Monthly
VBIL Monthly

Distribution history

Per share, 2024 to 2026, same scale for both

TRSYMonthly · 24 paymentsAll TRSY payments⁠
One bar per payment. 24 payments from 2024 to 2026 YTD. Dec 2, 2024 $0.11; Dec 23, 2024 $0.18; Feb 3, 2025 $0.11; Mar 3, 2025 $0.09; Apr 1, 2025 $0.10; May 1, 2025 $0.08; Jun 2, 2025 $0.10; Jul 1, 2025 $0.11; Aug 1, 2025 $0.11; Sep 2, 2025 $0.10; Oct 1, 2025 $0.12; Nov 3, 2025 $0.10; Dec 1, 2025 $0.09; Dec 22, 2025 $0.10; Feb 2, 2026 $0.09; Mar 2, 2026 $0.08; Apr 1, 2026 $0.06; May 1, 2026 $0.09; Jun 1, 2026 $0.09; Jul 1, 2026 $0.09; Aug 3, 2026 $0.07; Sep 1, 2026 $0.09; Oct 1, 2026 $0.09; Nov 2, 2026 $0.10. Use the arrow keys to read each point.$0$0.252026YTD
VBILMonthly · 20 paymentsAll VBIL payments⁠
One bar per payment. 20 payments from 2024 to 2026 YTD. Apr 1, 2025 $0.23; May 1, 2025 $0.21; Jun 2, 2025 $0.22; Jul 1, 2025 $0.24; Aug 1, 2025 $0.25; Sep 2, 2025 $0.25; Oct 1, 2025 $0.24; Nov 3, 2025 $0.24; Dec 1, 2025 $0.23; Dec 18, 2025 $0.23; Feb 2, 2026 $0.23; Mar 2, 2026 $0.20; Apr 1, 2026 $0.21; May 1, 2026 $0.22; Jun 1, 2026 $0.22; Jul 1, 2026 $0.21; Aug 3, 2026 $0.23; Sep 1, 2026 $0.22; Oct 1, 2026 $0.22; Nov 2, 2026 $0.24. Use the arrow keys to read each point.$0$0.252026YTD

TRSY vs VBIL Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
TRSY 0.2%since Nov 2024VBIL 0.1%since Mar 2025
Return per unit of riskSharpe ratio, 3 years
TRSY −0.48since Nov 2024VBIL −1.04since Mar 2025
Worst fallMax drawdown, 5 years
TRSY −0.8%since Oct 2024VBIL −0.1%since Feb 2025
Market sensitivityBeta, 5 years
TRSY 0.02VBIL −0.01

TRSY and VBIL in the news

All news⁠

Popular comparisons

  • TRSYAvsICSHA

    Xtrackers US 0-1 Year Treasury ETF · iShares Ultra Short Duration Bond Active ETF

    Expense ratio
    0.06% · 0.08%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • VBILAvsICSHA

    Vanguard 0-3 Month Treasury Bill ETF · iShares Ultra Short Duration Bond Active ETF

    Expense ratio
    0.06% · 0.08%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TRSYAvsCLIPA

    Xtrackers US 0-1 Year Treasury ETF · Global X 1-3 Month T-Bill ETF

    Expense ratio
    0.06% · 0.07%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • VBILAvsCLIPA

    Vanguard 0-3 Month Treasury Bill ETF · Global X 1-3 Month T-Bill ETF

    Expense ratio
    0.06% · 0.07%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TRSYAvsVUSBA

    Xtrackers US 0-1 Year Treasury ETF · Vanguard Ultra-Short Bond ETF

    Expense ratio
    0.06% · 0.10%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • VBILAvsVUSBA

    Vanguard 0-3 Month Treasury Bill ETF · Vanguard Ultra-Short Bond ETF

    Expense ratio
    0.06% · 0.10%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.