{"id":313826,"date":"2025-11-23T15:09:21","date_gmt":"2025-11-23T15:09:21","guid":{"rendered":"https:\/\/peraltafinancing.com\/business\/investing\/vbil-vs-sgov-which-etf-for-t-bills\/"},"modified":"2025-11-23T15:09:21","modified_gmt":"2025-11-23T15:09:21","slug":"vbil-vs-sgov-which-etf-for-t-bills","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=313826","title":{"rendered":"VBIL vs. SGOV – Which ETF for T-Bills?"},"content":{"rendered":"


\n<\/p>\n

\n

SGOV was long one of the go-to ETFs for T-bills. Now Vanguard launched their own T-bills ETF with VBIL. Which should you choose? I compare them here.<\/p>\n

Disclosure:<\/strong> \u00a0Some of the links on this page are referral links. At no additional cost to you, if you choose to make a purchase or sign up for a service after clicking through those links, I may receive a small commission. This allows me to continue producing high-quality content on this site and pays for the occasional cup of coffee. I have first-hand experience with every product or service I recommend, and I recommend them because I genuinely believe they are useful, not because of the commission I may get. Read more here<\/a>.<\/p>\n

So one of my most popular blog posts and videos is my simple overview of SGOV<\/a>. This makes sense, as it has long been one of the most popular ETFs to capture short-dated US Treasury Bills, or T-bills for short, with over $50 billion in assets at this point.<\/p>\n

T-bills are considered to be what we call a \u201ccash equivalent,\u201d a safe parking spot for unused cash that would be roughly comparable to the virtual risklessness of a savings account at a bank. In fact, the 3-month US Treasury Bill is quite literally known as the \u201crisk-free rate,\u201d to which other assets’ yields are compared. The yield of T-bills is still looking pretty attractive in 2025 around 4%.<\/p>\n

SGOV from iShares launched in 2020, and investors have since flocked to it for their cash management needs due to both the robust history of iShares as a fund provider and the relatively low fee of SGOV at 0.09%.<\/p>\n

After weirdly previously having no products for Treasury Bills, Vanguard finally launched 2 new ETFs for them in the form of VGUS for bills maturing in less than 12 months, and VBIL \u2013 the one more comparable to SGOV \u2013 for bills maturing in 3 months or less. I briefly summarized VGUS and VBIL in a separate post here<\/a>.<\/p>\n

Vanguard investors are particularly happy to now have Vanguard products for Treasury Bills, but all investors are potentially interested in these new offerings because their expense ratio of 0.07% is slightly lower than that of SGOV at 0.09%. I’d also be willing to bet that fee will come down further in the coming years, as is the Vanguard way. VBIL has very quickly amassed an impressive $3 billion in assets in about 6 months since it launched in early 2025.<\/p>\n

Other than that, these funds can be considered, for all intents and purposes, nearly identical. Both hold T-bills with maturities of 3 months or less, albeit via different indexes. SGOV seeks to track the ICE 0-3 Month US Treasury Securities Index, while VBIL seeks to track the Bloomberg 0-3M Treasury Bill Index.<\/p>\n

Performance-wise, we’d expect these two to behave nearly identically, and indeed they have thus far in VBIL’s short lifespan. When two products offer the same exposure, I think it’s reasonable to simply prefer the one with the lowest fee, which is VBIL. In the interest of full disclosure, extending that logic, there are other comparable funds for T-bills at the same or lower fees like XHLF, for example, which I covered in a list here<\/a>.<\/p>\n

\n

What do you think of VBIL? Are you going to switch to it from SGOV? What’s your T-bills ETF of choice? Let me know in the comments.<\/p>\n

\n

Disclosures: <\/strong>None.<\/p>\n

Disclaimer:<\/strong> \u00a0While I love diving into investing-related data and playing around with backtests, this is not financial advice, investing advice, or tax advice. The information on this website is for informational, educational, and entertainment purposes only. Investment products discussed (ETFs, mutual funds, etc.) are for illustrative purposes only. It is not a research report. It is not a recommendation to buy, sell, or otherwise transact in any of the products mentioned. I always attempt to ensure the accuracy of information presented but that accuracy cannot be guaranteed. Do your own due diligence. I mention M1 Finance a lot around here. M1 does not provide investment advice, and this is not an offer or solicitation of an offer, or advice to buy or sell any security, and you are encouraged to consult your personal investment, legal, and tax advisors. Hypothetical examples used, such as historical backtests, do not reflect any specific investments, are for illustrative purposes only, and should not be considered an offer to buy or sell any products. All investing involves risk, including the risk of losing the money you invest. Past performance does not guarantee future results. Opinions are my own and do not represent those of other parties mentioned. Read my lengthier disclaimer here<\/a>.<\/p>\n

\"m1\"\"m1\"<\/a><\/figure>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"

SGOV was long one of the go-to ETFs for T-bills. Now Vanguard launched their own T-bills ETF with VBIL. Which should you choose? I compare them here. Disclosure: \u00a0Some of the links on this page are referral links. At no additional cost to you, if you choose to make a purchase or sign up for […]<\/p>\n","protected":false},"author":1,"featured_media":313827,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[96],"tags":[13990,143603,48493,143602],"dealstore":[],"offerexpiration":[],"class_list":["post-313826","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing","tag-etf","tag-sgov","tag-tbills","tag-vbil"],"yoast_head":"\nVBIL vs. SGOV - Which ETF for T-Bills? - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=313826\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"VBIL vs. SGOV - Which ETF for T-Bills? - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"SGOV was long one of the go-to ETFs for T-bills. Now Vanguard launched their own T-bills ETF with VBIL. Which should you choose? I compare them here. Disclosure: \u00a0Some of the links on this page are referral links. At no additional cost to you, if you choose to make a purchase or sign up for […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fivemor.com\/?p=313826\" \/>\n<meta property=\"og:site_name\" content=\"Som2ny Network\" \/>\n<meta property=\"article:published_time\" content=\"2025-11-23T15:09:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/11\/vbil-vs-sgov.png\" \/>\n\t<meta property=\"og:image:width\" content=\"350\" \/>\n\t<meta property=\"og:image:height\" content=\"350\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/fivemor.com\/?p=313826#article\",\"isPartOf\":{\"@id\":\"https:\/\/fivemor.com\/?p=313826\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371\"},\"headline\":\"VBIL vs. SGOV – Which ETF for T-Bills?\",\"datePublished\":\"2025-11-23T15:09:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/fivemor.com\/?p=313826\"},\"wordCount\":779,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/fivemor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/?p=313826#primaryimage\"},\"thumbnailUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/11\/vbil-vs-sgov.png\",\"keywords\":[\"ETF\",\"SGOV\",\"TBills\",\"VBIL\"],\"articleSection\":[\"Investing\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/fivemor.com\/?p=313826#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fivemor.com\/?p=313826\",\"url\":\"https:\/\/fivemor.com\/?p=313826\",\"name\":\"VBIL vs. SGOV - Which ETF for T-Bills? - Som2ny Network\",\"isPartOf\":{\"@id\":\"https:\/\/fivemor.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/fivemor.com\/?p=313826#primaryimage\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/?p=313826#primaryimage\"},\"thumbnailUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/11\/vbil-vs-sgov.png\",\"datePublished\":\"2025-11-23T15:09:21+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/fivemor.com\/?p=313826#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/fivemor.com\/?p=313826\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fivemor.com\/?p=313826#primaryimage\",\"url\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/11\/vbil-vs-sgov.png\",\"contentUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/11\/vbil-vs-sgov.png\",\"width\":350,\"height\":350},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/fivemor.com\/?p=313826#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/fivemor.com\/?bp_activities=1\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"VBIL vs. SGOV – Which ETF for T-Bills?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/fivemor.com\/#website\",\"url\":\"https:\/\/fivemor.com\/\",\"name\":\"Som2ny Network\",\"description\":\"Daily Deals\",\"publisher\":{\"@id\":\"https:\/\/fivemor.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/fivemor.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/fivemor.com\/#organization\",\"name\":\"Som2ny Network\",\"url\":\"https:\/\/fivemor.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png\",\"contentUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png\",\"width\":300,\"height\":86,\"caption\":\"Som2ny Network\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png\",\"caption\":\"admin\"},\"sameAs\":[\"https:\/\/fivemor.com\"],\"url\":\"https:\/\/fivemor.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"VBIL vs. SGOV - Which ETF for T-Bills? - Som2ny Network","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fivemor.com\/?p=313826","og_locale":"en_US","og_type":"article","og_title":"VBIL vs. SGOV - Which ETF for T-Bills? - Som2ny Network","og_description":"SGOV was long one of the go-to ETFs for T-bills. Now Vanguard launched their own T-bills ETF with VBIL. Which should you choose? I compare them here. Disclosure: \u00a0Some of the links on this page are referral links. At no additional cost to you, if you choose to make a purchase or sign up for […]","og_url":"https:\/\/fivemor.com\/?p=313826","og_site_name":"Som2ny Network","article_published_time":"2025-11-23T15:09:21+00:00","og_image":[{"width":350,"height":350,"url":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/11\/vbil-vs-sgov.png","type":"image\/png"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/fivemor.com\/?p=313826#article","isPartOf":{"@id":"https:\/\/fivemor.com\/?p=313826"},"author":{"name":"admin","@id":"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371"},"headline":"VBIL vs. SGOV – Which ETF for T-Bills?","datePublished":"2025-11-23T15:09:21+00:00","mainEntityOfPage":{"@id":"https:\/\/fivemor.com\/?p=313826"},"wordCount":779,"commentCount":0,"publisher":{"@id":"https:\/\/fivemor.com\/#organization"},"image":{"@id":"https:\/\/fivemor.com\/?p=313826#primaryimage"},"thumbnailUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/11\/vbil-vs-sgov.png","keywords":["ETF","SGOV","TBills","VBIL"],"articleSection":["Investing"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/fivemor.com\/?p=313826#respond"]}]},{"@type":"WebPage","@id":"https:\/\/fivemor.com\/?p=313826","url":"https:\/\/fivemor.com\/?p=313826","name":"VBIL vs. SGOV - Which ETF for T-Bills? - Som2ny Network","isPartOf":{"@id":"https:\/\/fivemor.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/fivemor.com\/?p=313826#primaryimage"},"image":{"@id":"https:\/\/fivemor.com\/?p=313826#primaryimage"},"thumbnailUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/11\/vbil-vs-sgov.png","datePublished":"2025-11-23T15:09:21+00:00","breadcrumb":{"@id":"https:\/\/fivemor.com\/?p=313826#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fivemor.com\/?p=313826"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fivemor.com\/?p=313826#primaryimage","url":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/11\/vbil-vs-sgov.png","contentUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/11\/vbil-vs-sgov.png","width":350,"height":350},{"@type":"BreadcrumbList","@id":"https:\/\/fivemor.com\/?p=313826#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fivemor.com\/?bp_activities=1"},{"@type":"ListItem","position":2,"name":"VBIL vs. SGOV – Which ETF for T-Bills?"}]},{"@type":"WebSite","@id":"https:\/\/fivemor.com\/#website","url":"https:\/\/fivemor.com\/","name":"Som2ny Network","description":"Daily Deals","publisher":{"@id":"https:\/\/fivemor.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fivemor.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/fivemor.com\/#organization","name":"Som2ny Network","url":"https:\/\/fivemor.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fivemor.com\/#\/schema\/logo\/image\/","url":"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png","contentUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png","width":300,"height":86,"caption":"Som2ny Network"},"image":{"@id":"https:\/\/fivemor.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fivemor.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png","caption":"admin"},"sameAs":["https:\/\/fivemor.com"],"url":"https:\/\/fivemor.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts\/313826","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=313826"}],"version-history":[{"count":0,"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts\/313826\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/media\/313827"}],"wp:attachment":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=313826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=313826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=313826"},{"taxonomy":"dealstore","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fdealstore&post=313826"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fofferexpiration&post=313826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}