Back
Compare AU
Compare BILL vs. TBIL
Compare shares and ETFs on the ASX that you can trade on Pearler.
Overview
When it comes to investing in the Australian stock market, Exchange-Traded Funds (ETFs) are a popular choice. Two well-known options in the Australian Securities Exchange (ASX) are the iShares Core Cash ETF (BILL) and the VanEck 1-3 Month Us Treasury Bond ETF (TBIL). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
BILL | TBIL | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 17 | 4 |
Median incremental investment | $11,926.75 | $994.46 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $5,533.55 | $19,379.34 |
Average age group | > 35 | > 35 |
Key Summary
BILL | TBIL | |
|---|---|---|
Strategy | BILL.AX was created on 2017-06-02 by iShares. The fund's investment portfolio concentrates primarily on broad credit fixed income. The Fund aims to provide investors with the performance, before fees and expenses, of an index comprised of Australian bank bills. | TBIL.AX was created on 2023-05-16 by VanEck. The fund's investment portfolio concentrates primarily on investment grade fixed income. TBIL.AX invests in a portfolio of US dollar denominated Treasury Bills issued by the US Government with a maturity ranging from 1-3 months with the aim of providing investment returns (before fees and costs) that closely track the returns of the Index |
Top 3 holdings | RBC MONEY MARKET 11AM (28.93 %) SUMITOMO MITSUI BANKING CORP (SYDN (2.97 %) SUMITOMO MITSUI BANKING CORP (SYDN (2.12 %) | United States Treasury Bills (10.16 %) United States Treasury Bills (8.96 %) United States Treasury Bills (8.80 %) |
Top 3 industries | Other (99.97 %) Communication Services (0.03 %) | |
Top 3 countries | ||
Management fee | 0.0007 % | 0.22 % |
Key Summary
BILL | TBIL | |
|---|---|---|
Issuer | iShares | VanEck |
Tracking index | S&P/ASX Bank Bill Index - AUD | Bloomberg 1-3 Month U.S. Treasury Bill Index - Benchmark TR Gross |
Asset class | ETF | ETF |
Management fee | 0.0007 % | 0.22 % |
Price | $100.62 | $46.70 |
Size | $1.186 billion | $103.142 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 2.19 % | 3.27 % |
Market | ASX | ASX |
First listed date | 06/06/2017 | 17/05/2023 |
Purchase fee | $6.50 | $6.50 |
Community Stats
BILL | TBIL | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 17 | 4 |
Median incremental investment | $11,926.75 | $994.46 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $5,533.55 | $19,379.34 |
Average age group | > 35 | > 35 |
Pros and Cons
BILL | TBIL | |
|---|---|---|
Pros |
|
|
Cons |
|
|
BILL | TBIL |
|---|---|
Lower management fee | Higher management fee |
Higher price growth | Lower price growth |
Lower distribution yield | Higher distribution yield |