BIL vs GSY
State Street SPDR Bloomberg 1-3 Month T-Bill ETF compared with Invesco Ultra Short Duration ETF on yield, payout growth, payment schedule, cost and risk.
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
TTM yield · Monthly
GSY
Invesco Ultra Short Duration ETF
TTM yield · Monthly
Quick take
- GSY yields more today: 4.22% vs 3.66% (forward).
- Both pay every month.
- Over the last year GSY delivered the higher total return: +3.7% vs +3.5% (price change plus payouts).
- BIL is cheaper to own: 0.14% vs 0.22% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | BIL | GSY |
|---|---|---|
| Share price | $91.63 | $49.96 |
| TTM yield | 3.66% | 4.22% |
| Forward yield | 3.66% | 4.22% |
| Annual payout per share | $3.353 | $2.106 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 31, 2026 (est.) | Nov 16, 2026 (est.) |
| Expense ratio | 0.14% | 0.22% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | — |
| Payout consistency (last 12) | 90/100 | 96/100 |
| 1-year total return | +3.5% | +3.7% |
| 1-year price return | -0.1% | -0.5% |
| Size (market cap / AUM) | 49.8B | 3.9B |
| Years paying | 19.3 | 18.6 |
| Sector / category | Ultrashort Bond | Ultrashort Bond |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| BIL | GSY | |
|---|---|---|
| Shares | 109.1 | 200.2 |
| Income per year | $366 | $422 |
| Income per month (avg) | $30 | $35 |
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| BIL Oct 31, 2026 | Nov 14, 2026 | $0.2794 | Est. |
| BIL Nov 30, 2026 | Dec 14, 2026 | $0.2794 | Est. |
| BIL Dec 30, 2026 | Jan 13, 2027 | $0.2794 | Est. |
| GSY Nov 16, 2026 | Nov 30, 2026 | $0.1755 | Est. |
| GSY Dec 14, 2026 | Dec 28, 2026 | $0.1755 | Est. |
| GSY Jan 11, 2027 | Jan 25, 2027 | $0.1755 | Est. |
Annual payouts per share
BILGSY
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, BIL or GSY?
GSY currently has the higher trailing yield: BIL yields 3.66% and GSY yields 4.22%. Yield changes daily with price, so check the live figures above.
How often do BIL and GSY pay?
BIL pays every month and GSY pays every month. BIL's next ex-date is Oct 31, 2026 and GSY's is Nov 16, 2026.
Is BIL or GSY better for income?
It depends on what you are optimising for. BIL and GSY differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.