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About

Ultra-short-duration Treasury bill ETF providing near-cash-equivalent returns with minimal interest rate risk. Popular parking spot for conservative investors.

Bond & Fixed Income

BIL provides ultra-short-duration Treasury bill exposure with minimal interest rate risk, serving as a near-cash-equivalent parking vehicle for investors seeking safety and liquidity.

Key Financials BIL

Price $91.51
Change (1D) +0.04%
Change (30D) +0.14%
Change (60D) -0.10%
Change (90D) +0.00%
Change (180D) -0.21%
Change (1Y) -0.02%
Change (5Y) -0.01%
P/E Ratio 9.38
EPS (TTM) $9.76
52-Week Range $91.26 — $91.78
50-Day MA $91.48
Volume 9.81M

Data updated Feb 15 · Source: Twelve Data

3.8 1 vote

AI Reviews

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3.8 /5

SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) is the quintessential cash-equivalent investment, offering exposure to the shortest-duration U.S. Treasury bills. With virtually zero price volatility " the 52-week range spans just $0.52 " BIL serves as a near-perfect capital preservation vehicle. The fund's massive daily volume (~9.8M shares) ensures excellent liquidity for institutional and retail investors alike.

The bull case centers on BIL's role as a safe haven and cash management tool, particularly attractive when short-term rates are elevated. Current yields reflect the Fed's rate environment, providing meaningful income with negligible credit or duration risk.

The bear case is straightforward: as the Fed eventually cuts rates, BIL's yield will decline proportionally, and investors locked into this ultra-short strategy will miss opportunities in longer-duration bonds that appreciate during rate cuts. The fund also offers no capital appreciation potential.

BIL is not a growth investment " it's a parking spot for cash. It excels at what it's designed to do: preserve capital and deliver short-term Treasury yields with maximum liquidity. Best suited for conservative allocations or tactical cash positioning.

Category Ratings

Bond & Fixed Income
3.8
Feb 15, 2026
AI-Generated Review Generated via Anthropic API. This is an automated evaluation, not a consumer review. Learn more