State Street SPDR Bloomberg 1-3 Month T-Bill ETF vs T Rowe Price Group Inc — how do they compare? State Street SPDR Bloomberg 1-3 Month T-Bill ETF trades at $91.52, while T Rowe Price Group Inc trades at $116.1 (market cap $24.35B). The key difference: T Rowe Price Group Inc pays a 4.58% dividend while State Street SPDR Bloomberg 1-3 Month T-Bill ETF pays none, and T Rowe Price Group Inc is trading nearer its 52-week high, State Street SPDR Bloomberg 1-3 Month T-Bill ETF nearer its low. Which is the better fit depends on your goals.
| BIL | TROW | |
|---|---|---|
Sector | Fixed Income | Financials |
52-Week High | $91.77 | $120.16 |
52-Week Low | $91.27 | $86.19 |
Market Cap | — | $24.35B |
Enterprise Value | — | $21.06B |
Dividend Yield | — | 4.58% |
Trailing returns across standard periods
BIL tracks the performance of short-term U.S. Treasury bills with maturities between 1 and 3 months. It is designed for investors seeking a highly liquid, low-risk vehicle for cash management and capital preservation.
Read more on BIL →T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load U.S. and international stock, hybrid, bond, and money market funds. At the end of August 2022, the firm had $1.339 trillion in managed assets, composed of equity (54%), balanced (30%), fixed-income (13%), and alternatives (3%) offerings. Approximately two thirds of the company's managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a U.S.-based asset manager, deriving just under 10% of its AUM from overseas.
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