State Street SPDR Bloomberg 3-12 Month T-Bill ETF (BILS)Ultrashort Bond | Exchange Traded Fund | NYSEArca
99.23 USD
After hours: 99.23 0.00 (0.000%) ⇩ (July 13, 2026, 7:58 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 5:03 a.m. EDT
The State Street SPDR Bloomberg 3-12 Month T-Bill ETF offers a compelling 3.8% yield, which is attractive in a low-rate environment, but the capital appreciation story is effectively dead. Over the last four years, the fund has lost 0.83% of its value, and the most recent annual return was flat at +0.08%. While the price has ticked up slightly recently, the underlying bond portfolio is yielding almost zero real growth against inflation. The options market confirms this stagnation, with traders placing significant bets on downside protection at the 99.0 level while ignoring upside potential. This is a pure income vehicle for investors who accept zero capital gains; it is not a growth or momentum play. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.000782 |
| MSTL | 0.001414 |
| AutoTheta | 0.001448 |
| AutoETS | 0.001516 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 92% |
| H-stat | 0.88 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.326 |
| Excess Kurtosis | -1.07 |
As of July 11, 2026, 5:03 a.m. EDT: Speculators are positioning defensively with heavy put volume at the 99.0 strike, creating a floor around current prices, while call activity remains negligible. This suggests a 'sell the rally' sentiment rather than a bet on further downside.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.30% | 3.77% | 4.49% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-07-01 | 0.293 | 0.295631 |
| 2026-06-01 | 0.301 | 0.303611 |
| 2026-05-01 | 0.291 | 0.293436 |
| 2026-04-01 | 0.289 | 0.291448 |
| 2026-03-02 | 0.272 | 0.274249 |
| 2026-02-02 | 0.302 | 0.304435 |
| 2025-12-18 | 0.337 | 0.340129 |
| 2025-12-01 | 0.306 | 0.308499 |
| 2025-11-03 | 0.326 | 0.328596 |
| 2025-10-01 | 0.329 | 0.331586 |
| 2025-09-02 | 0.346 | 0.348861 |
| 2025-08-01 | 0.346 | 0.348896 |
| 2025-07-01 | 0.334 | 0.336965 |
| 2025-06-02 | 0.347 | 0.350151 |
| 2025-05-01 | 0.337 | 0.339923 |
| 2025-04-01 | 0.352 | 0.354982 |
| 2025-03-03 | 0.322 | 0.324695 |
| 2025-02-03 | 0.365 | 0.368092 |
| 2024-12-19 | 0.368 | 0.371717 |
| 2024-12-02 | 0.367 | 0.370184 |
| 2024-11-01 | 0.395 | 0.398306 |
| 2024-10-01 | 0.408 | 0.411332 |
| 2024-09-03 | 0.429 | 0.432809 |
| 2024-08-01 | 0.437 | 0.441147 |
| 2024-07-01 | 0.424 | 0.428413 |
| 2024-06-03 | 0.434 | 0.438428 |
| 2024-05-01 | 0.417 | 0.421297 |
| 2024-04-01 | 0.430 | 0.434300 |
| 2024-03-01 | 0.404 | 0.407875 |
| 2024-02-01 | 0.454 | 0.457984 |
| 2023-12-18 | 0.434 | 0.438871 |
| 2023-12-01 | 0.434 | 0.437853 |
| 2023-11-01 | 0.446 | 0.450369 |
| 2023-10-02 | 0.425 | 0.429163 |
| 2023-09-01 | 0.435 | 0.439128 |
| 2023-08-01 | 0.427 | 0.431182 |
| 2023-07-03 | 0.405 | 0.408802 |
| 2023-06-01 | 0.402 | 0.405733 |
| 2023-05-01 | 0.380 | 0.383339 |
| 2023-04-03 | 0.392 | 0.395002 |
| 2023-03-01 | 0.343 | 0.346045 |
| 2023-02-01 | 0.416 | 0.419355 |
| 2022-12-19 | 0.311 | 0.313761 |
| 2022-12-01 | 0.327 | 0.329504 |
| 2022-11-01 | 0.283 | 0.285282 |
| 2022-10-03 | 0.198 | 0.199155 |
| 2022-09-01 | 0.172 | 0.172812 |
| 2022-08-01 | 0.131 | 0.131586 |
| 2022-07-01 | 0.110 | 0.110364 |
| 2022-06-01 | 0.070 | 0.070112 |
| Attribute | Value |
|---|---|
| All Time High | 100.12 |
| All Time Low | 98.89 |
| Ask | 99.29 |
| Ask Size | 84,800 |
| Average Daily Volume10 Day | 332,170 |
| Average Daily Volume3 Month | 342,536 |
| Average Volume | 342,536 |
| Average Volume10Days | 332,170 |
| Beta3 Year | 0.02 |
| Bid | 97.21 |
| Bid Size | 88,500 |
| Category | Ultrashort Bond |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 99.23 |
| Day Low | 99.22 |
| Dividend Yield | 3.8 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 99.26718 |
| Fifty Day Average Change | -0.03717804 |
| Fifty Day Average Change Percent | -0.00037452497 |
| Fifty Two Week Change Percent | 0.0 |
| Fifty Two Week High | 99.52 |
| Fifty Two Week High Change | -0.2899933 |
| Fifty Two Week High Change Percent | -0.0029139197 |
| Fifty Two Week Low | 99.08 |
| Fifty Two Week Low Change | 0.15000153 |
| Fifty Two Week Low Change Percent | 0.0015139435 |
| Fifty Two Week Range | 99.08 - 99.52 |
| First Trade Date Milliseconds | 1,602,077,400,000 |
| Five Year Average Return | 0.0337174 |
| Full Exchange Name | NYSEArca |
| Fund Family | State Street Investment Management |
| Fund Inception Date | 1,600,905,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | In seeking to track the performance of the index, the fund employs a sampling strategy, which means that the fund is not required to purchase all of the securities represented in the index. The index is designed to measure the performance of public obligations of the U.S. Treasury that have a remaining maturity of greater than or equal to 3 months and less than 12 months. |
| Long Name | State Street SPDR Bloomberg 3-12 Month T-Bill ETF |
| Market | us_market |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_683063742 |
| Nav Price | 99.19891 |
| Net Assets | 3,866,119,680.0 |
| Net Expense Ratio | 0.1354 |
| Open | 99.22 |
| Post Market Change | -0.00030517578 |
| Post Market Change Percent | -0.00030754387 |
| Post Market Price | 99.2297 |
| Post Market Time | 1,783,987,099 |
| Previous Close | 99.23 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.0 |
| Regular Market Change Percent | 0.0 |
| Regular Market Day High | 99.23 |
| Regular Market Day Low | 99.22 |
| Regular Market Day Range | 99.22 - 99.23 |
| Regular Market Open | 99.22 |
| Regular Market Previous Close | 99.23 |
| Regular Market Price | 99.23 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 309,992 |
| Short Name | State Street SPDR Bloomberg 3-1 |
| Source Interval | 15 |
| Symbol | BILS |
| Three Year Average Return | 0.0462076 |
| Total Assets | 3,866,119,680 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 0.84305 |
| Trailing Three Month Returns | 0.84305 |
| Triggerable | 1 |
| Two Hundred Day Average | 99.30915 |
| Two Hundred Day Average Change | -0.07914734 |
| Two Hundred Day Average Change Percent | -0.0007969793 |
| Type Disp | ETF |
| Volume | 309,992 |
| Yield | 0.038 |
| Ytd Return | 1.65129 |