ISEC vs BILL - Compare ETFs side by side

At a glance

Comparing ISEC and BILL. BILL has the lower management fee at 0.07% a year, ISEC has the higher 5 years return at 3.4% a year, and ISEC offers the higher at 4.11%.

Lower fee

BILL 0.07% p.a.

Higher 5 years return

ISEC 3.4% p.a.

Higher yield

ISEC 4.11%

Higher risk-adjusted

ISEC Sharpe 2.77 (3y)

Lower volatility

BILL 0.5% (5y)

Larger fund

BILL $1.2bn

Side-by-side comparison

Metric	ISEC iShares Enhanced Cash ETF	BILL iShares Core Cash ETF
Snapshot
Provider	iShares	iShares
Tracks index	—	—
Categories	AU, Bonds	AU, Bonds
Listed since	—	—
Fund size (AUM)	$729m	$1.2bn
Cost & income
Management fee	0.12%	0.07%
Dividend yield	4.11%	3.96%
Franking	0%	0%
Turnover	0%	0%
Tax drag	1.32%	1.27%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	4.2% net	4% net
3-year return	4.4% net	4.3% net
5-year return	3.4% net	3.3% net
10-year return	—	—
Risk
Volatility (3y)	0.1%	0.1%
Volatility (5y)	0.5%	0.5%
Volatility (10y)	—	—
Sharpe ratio (3y)	2.77	1.98
Sharpe ratio (5y)	0.88	—
Sharpe ratio (10y)	—	—
Bid/ask spread	—	—

marks the strongest fund in each row. “net” shows the after-tax return at your selected bracket. “—” means we don’t have that data point yet.

Each fund at a glance

ISEC iShares Enhanced Cash ETF

Low-cost: a 0.12% management fee keeps more of the return in your pocket.
Pays a useful 4.11% income yield.

Has lagged most peers over 3 years (183rd of 226).

Full ISEC analysis →

BILL iShares Core Cash ETF

Low-cost: a 0.07% management fee keeps more of the return in your pocket.
Pays a useful 3.96% income yield.

Has lagged most peers over 3 years (186th of 226).

Full BILL analysis →

Frequently Asked Questions

What's the difference between ISEC vs BILL?

ISEC and BILL are 2 Australian-listed ETFs we compare side by side. BILL carries the lower management fee (0.07%). Over 5 years, ISEC has delivered the higher total return (3.4% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - ISEC vs BILL?

BILL has the lower management fee at 0.07% a year, versus ISEC 0.12%.

Which has performed higher - ISEC vs BILL?

Over the past 5 years, ISEC has delivered the higher total return at 3.4% a year. Past performance is not a reliable indicator of future returns.

Which pays the higher dividend yield?

ISEC pays the higher at 4.11%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

BILL is the larger fund by assets ($1.2bn). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

ISEC vs AAA ISEC vs MMKT ISEC vs MONY ISEC vs FSCF BILL vs AAA BILL vs MMKT BILL vs MONY BILL vs FSCF

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General information only, generated from each fund's published data — not personal financial advice. Past performance is not a reliable indicator of future returns. Consider your own circumstances or seek licensed advice before investing.