| BIL | |
|---|---|
| Total return | +25.5% |
| Annualised (CAGR) | +2.3% |
| Volatility (annualised) | +0.6% |
| Sharpe (rf = 0) | 4.13 |
| Deepest drawdown | -0.2% |
| Drawdown peak → trough | 2020-03-20 → 2022-02-14 |
| Dividend yield (12m distributions) | 3.71% (as of 2026-09-29) |
Over the 10.0 years to 2026-09-29 the fund returned +25.5% in total (+2.3% a year), with a deepest drawdown of -0.2% from 2020-03-20 to 2022-02-14. Its worst calendar year was 2021 (-0.1%), its best 2024 (+5.2%).
| Year | BIL |
|---|---|
| 2026 | +2.7% |
| 2025 | +4.1% |
| 2024 | +5.2% |
| 2023 | +4.9% |
| 2022 | +1.4% |
| 2021 | -0.1% |
| 2020 | +0.4% |
| 2019 | +2.0% |
| 2018 | +1.7% |
| 2017 | +0.7% |
| 2016 | +0.0% |
+25.5% in total, which works out to +2.3% a year over the 10 years to 2026-09-29. Both figures assume dividends were reinvested and the fund's own fees were already deducted, so they are what an investor would have kept — before tax.
2021 — its calendar-year return was -0.1% (net of fees, dividends reinvested). Its best year was 2024 (+5.2%).
-0.2%, from a peak on 2020-03-20 to a trough on 2022-02-14. From that trough it took 169 days (about 5.6 months) to climb back to the earlier peak.
Over the last 12 months it distributed 3.71% of its share price (as of 2026-09-29). That is a past distribution, not a promise of future income, and it is already counted in every return figure on this page.
It does not say BIL is a good or bad fund, and it is not a forecast. Returns above are history: they already include dividends and already exclude the fund's own fees. A drawdown of -0.2% means an investor who bought at the peak would have watched that much value disappear before it recovered — how long that takes is the part most tables leave out.