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AGG vs BIL: Performance & Backtest Comparison

AGG delivered the higher return - 1.88% CAGR vs 1.03% - over 2007-06-30 → 2026-07-31.

Growth comparison

Drawdown

Annual returns

AGGBIL
NameiShares Core U.S. Aggregate Bond ETFState Street SPDR Bloomberg 1-3 Month T-Bill ETF
CAGR1.88%1.03%
Total return43.03%21.79%
Volatility4.60%0.49%
Max drawdown-20.55%Oct 2023-0.42%Oct 2015
Sharpe0.12-1.01
Sortino0.16-1.00
Best year8.45%4.15%
Worst year-14.64%-0.13%
Final balance$14,303$12,179

Correlation of monthly returns: 0.07. Wondering if you need both? Check their fund overlap →

All figures are total returns: every dividend and distribution is reinvested on its ex-date, and prices are split-adjusted. See the methodology.

Which has performed better, AGG or BIL?

Over 2007-06-30 to 2026-07-31, AGG performed better: 1.88% annualized versus 1.03% for BIL, with dividends reinvested. Past performance does not guarantee future results.

How similar are AGG and BIL?

Their monthly returns have a correlation of 0.07 over the common period. AGG is iShares Core U.S. Aggregate Bond ETF; BIL is State Street SPDR Bloomberg 1-3 Month T-Bill ETF.

Which is riskier, AGG or BIL?

Over the common period AGG had 4.60% annualized volatility and a -20.55% max drawdown, versus 0.49% and -0.42% for BIL.