ETF comparison

TBIL vs VBIL

Both US Treasury (Short).

F/m US Treasury 3 Month Bill Fund - ETF Class Shares · Vanguard 0-3 Month Treasury Bill ETF

Holdings overlap

Weighted by ISIN/CUSIP
3.5 %

1 positions appear in both funds. Buying equal dollars of TBIL and VBIL would leave roughly 3.5% of each dollar exposed to the same underlying securities.

TBIL only 96.5% Shared 3.5% VBIL only 96.4%
In TBIL only
0 positions
Shared
1 positions
In VBIL only
25 positions

Side by side

TBIL

F/m US Treasury 3 Month Bill Fund - ETF Class Shares

F/m Investments · US Treasury (Short)

69 composite / 100
Expense ratio
0.15%
Net assets
$7.08B
TTM yield
3.74%
Top-10 conc.
100.0%
VBIL

Vanguard 0-3 Month Treasury Bill ETF

Vanguard · US Treasury (Short)

79 composite / 100
Expense ratio
0.060%
Net assets
$9.35B
TTM yield
3.61%
Top-10 conc.
54.7%

Sub-score comparison

85
Cost
94
58
Tax efficiency
58
93
Liquidity
99
0
Concentration
36
Tracking quality
TBIL sub-score VBIL

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

VBIL is 9 bps cheaper than TBIL. On a $100,000 position that's about $90/yr more in fees for TBIL.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with TBIL vs VBIL.

Top shared holdings

1 shared in total
# Holding In TBIL In VBIL Overlap
1 TREASURY BILL 99.99% 3.51% 3.51%

Only in TBIL

0 total

Every TBIL position is also held by VBIL.

Only in VBIL

25 total
  • United States Treasury Bill 6.38%
  • United States Treasury Bill 5.71%
  • United States Treasury Bill 5.54%
  • United States Treasury Bill 5.48%
  • United States Treasury Bill 5.47%
  • United States Treasury Bill 5.32%
  • United States Treasury Bill 5.30%
  • United States Treasury Bill 5.23%
  • United States Treasury Bill 5.15%
  • United States Treasury Bill 5.14%

Open TBIL or VBIL at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.