BIL vs LQDH
State Street SPDR Bloomberg 1-3 Month T-Bill ETF compared with iShares Interest Rate Hedged Corporate Bond ETF on yield, payout growth, payment schedule, cost and risk.
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
TTM yield · Monthly
LQDH
iShares Interest Rate Hedged Corporate Bond ETF
TTM yield · Monthly
Quick take
- LQDH yields more today: 5.81% vs 3.66% (forward).
- Both pay every month.
- Over the last year LQDH delivered the higher total return: +4.5% vs +3.5% (price change plus payouts).
- BIL is cheaper to own: 0.14% vs 0.24% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | BIL | LQDH |
|---|---|---|
| Share price | $91.63 | $92.40 |
| TTM yield | 3.66% | 5.81% |
| Forward yield | 3.66% | 5.81% |
| Annual payout per share | $3.353 | $5.366 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 31, 2026 (est.) | Nov 1, 2026 (est.) |
| Expense ratio | 0.14% | 0.24% |
| 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% | +4.5% |
| 1-year price return | -0.1% | -1.2% |
| Size (market cap / AUM) | 49.8B | 583.5M |
| Years paying | 19.3 | 12.3 |
| 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 | LQDH | |
|---|---|---|
| Shares | 109.1 | 108.2 |
| Income per year | $366 | $581 |
| Income per month (avg) | $30 | $48 |
At forward yields, before taxes. Model BIL · Model LQDH
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. |
| LQDH Nov 1, 2026 | Nov 15, 2026 | $0.4472 | Est. |
| LQDH Dec 1, 2026 | Dec 15, 2026 | $0.4472 | Est. |
| LQDH Dec 31, 2026 | Jan 14, 2027 | $0.4472 | Est. |
Annual payouts per share
BILLQDH
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 LQDH?
LQDH currently has the higher trailing yield: BIL yields 3.66% and LQDH yields 5.81%. Yield changes daily with price, so check the live figures above.
How often do BIL and LQDH pay?
BIL pays every month and LQDH pays every month. BIL's next ex-date is Oct 31, 2026 and LQDH's is Nov 1, 2026.
Is BIL or LQDH better for income?
It depends on what you are optimising for. BIL and LQDH 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.