VanEck 1-3 Month US Treasury Bond ETF
Performance
Total return to 23 Oct 2026, distributions reinvested, before franking. ASX figures are to 30 Sept 2026 and gross of franking, so they run higher for franked Australian funds.
What it costs to hold
Management fee plus trading costs, compared with similar funds.
A typical fund among United States fixed income funds would cost $117 (0.23% a year), so TBIL is $2 dearer.
Spread is the average gap between buying and selling prices on the ASX. Fees are shown on a flat balance, not compounded on growth. Excludes tax and any adviser or platform fees.
Calendar-year returns
Where the money is
Look-through exposure as at 3 Sept 2026 · 19 securities · top 10 = —
Monthly returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −4.2 | −1.4 | 4.3 | −3.5 | −0.3 | 4.5 | −1.9 | −1.7 | 3.1 | −0.4 | −1.8YTD | ||
| 2025 | 0.3 | 0.3 | −0.7 | −1.7 | 0.0 | −1.6 | 1.8 | −0.7 | −0.7 | 1.2 | 0.5 | −2.1 | −3.4 |
| 2024 | 4.6 | 1.2 | 0.2 | 0.6 | −1.1 | 0.4 | 2.5 | −4.1 | −1.6 | 6.0 | 1.2 | 5.2 | 15.7 |
| 2023 | −1.8 | −0.2 | 3.5 | 0.8 | 2.3 | −4.1 | −2.5 | −2.3 |
Total return each month in %, distributions reinvested, before franking. The latest month runs to the last price date. The first year starts from listing.
Top holdings
Most similar funds
Overlap is the share of the portfolio held in common, look-through. Correlation is of daily returns. High overlap means close substitutes.
TBIL questions answered
Written from the latest data on this page. General information only, not financial advice.
How diversified is VanEck 1-3 Month US Treasury Bond ETF?
VanEck 1-3 Month US Treasury Bond ETF holds 19 securities.
Which ETFs does TBIL double up with most?
No other ASX fund shares more than 10% of its holdings with TBIL, but its returns move most closely with Betashares Strong Us Dollar Complex ETF (YANK) (correlation 0.90) and Betashares U.S Dollar ETF (USD) (correlation 0.88). A correlation near 1 means the two funds tend to rise and fall together, so holding both adds little diversification.
How is VanEck 1-3 Month US Treasury Bond ETF managed – active or passive?
VanEck 1-3 Month US Treasury Bond ETF is passively managed: it follows an index and holds what that index holds, rather than relying on a manager's stock picks.
What will I pay in fees for TBIL?
TBIL charges a management fee of 0.22% a year, about $22 for every $10,000 invested. That is cheaper than 79% of the 471 ASX ETFs we track, where the median fee is 0.44%. Among United States fixed income funds, the median is 0.21%.
Lower-cost funds with a similar focus include Global X US Treasury Bond ETF (Currency Hedged) (USTB) at 0.19%, iShares U.S. Treasury Bond (AUD Hedged) ETF (IUSG) at 0.15% and iShares 20+ Year U.S. Treasury Bond (AUD Hedged) ETF (ULTB) at 0.15%.
The fee is taken from the fund's assets and is already reflected in its returns. You'll also pay brokerage when you buy or sell, and the bid-ask spread, which has averaged 0.09% for TBIL.
Does VanEck 1-3 Month US Treasury Bond ETF follow a theme?
No. VanEck 1-3 Month US Treasury Bond ETF is a broad fixed income fund: it aims to cover a wide slice of its market (United States) rather than one theme or sector.
What is under the hood of TBIL?
The issuer doesn't publish TBIL's holdings in a form we can read. Its website and fact sheet list the full portfolio.
It follows an index; the issuer's PDS sets out how that index chooses and weights its holdings.
How well has VanEck 1-3 Month US Treasury Bond ETF performed?
Based on its category, VanEck 1-3 Month US Treasury Bond ETF aims mainly to pay a regular income, with capital growth secondary.
To 23 Oct 2026, with distributions reinvested, it returned −4.3% over 1 year (median −2.1%; ranked 5 of 7) and 0.7% a year over 3 years (median 3.7% a year; ranked 6 of 6). The medians and rankings compare it with United States fixed income funds. Since listing in 2023 it has returned 3.0% a year.
Tracking difference is the gap between a fund's return and its index's return. We don't hold index returns, so we can't measure it for TBIL; the issuer reports it in the monthly fact sheet. As a guide, a well-run index fund trails its index by about its fee, here 0.22% a year, and a much bigger gap is a warning sign.
Past performance is not a reliable indicator of future performance.