TBIL vs JPST ETF Comparison
Compare TBIL and JPST across fund costs, diversification, holdings, performance, income, risk and current AlgovestIQ evidence.
What is the main difference between TBIL and JPST?
TBIL is F/m US Treasury 3 Month Bill Fund, while JPST is JPMorgan Ultra-Short Income ETF. TBIL is tied to Fixed Income; JPST is tied to Fixed Income. JPST is broader by holdings count, with 794 positions versus 3 for TBIL. TBIL has the lower expense ratio in the current fund profile.
| Metric | TBIL | JPST | Type |
|---|---|---|---|
| Expense ratio | 0.15% | 0.18% | Fund |
| Assets under management | $7.2B | $41.3B | Fund |
| Holdings | 3 | 794 | Fund |
| Average volume | 1,129,419 | 7,619,400 | Fund |
| Underlying exposure | Fixed Income | Fixed Income | Fund |
| 1Y return | +0.1% | -0.3% | Performance |
| YTD return | +0% | -0.4% | Performance |
| Annualized volatility | 1.1% | 1.3% | Risk |
| Max drawdown | -0.4% | -0.8% | Risk |
| Beta | 0.00 | 0.01 | Risk |
| Sharpe ratio | -3.62 | -3.30 | Risk |
| Sortino ratio | -2.78 | -2.62 | Risk |
| AIQ Score | 47/100 | 48/100 | AlgovestIQ |
| AIQ Edge Score | 3/10 | 3/10 | AlgovestIQ |
| Momentum | 32/100 | 25/100 | AlgovestIQ |
| Risk Resilience | 66/100 | 67/100 | AlgovestIQ |
AlgovestIQ AIQ Comparison
F/m US Treasury 3 Month Bill Fund vs JPMorgan Ultra-Short Income ETF
JPST leads
JPST leads by 1 AIQ points, primarily on Quality, but the lead has narrowed from 4 points over 30 sessions.
Fragile: 0 of 4 evidence groups support JPST, its lead is narrowing, and its current signal state is conflicted.
F/m US Treasury 3 Month Bill Fund
JPMorgan Ultra-Short Income ETF
The Algovestiq AIQ Score currently favors JPST over TBIL, 48 versus 47 as of Sep 5, 2026. JPST's advantage is driven primarily by stronger quality, while TBIL holds the stronger momentum profile. JPST also shows the weaker technical structure relative to its 50-day moving average. 0 of 4 covered evidence groups favor JPST today, and the comparison is rated Fragile on stability: the AIQ gap is narrow at 1 points. JPST lead: Weakening — the AIQ differential moved from 4 to 1 points over 30 sessions.
Compare F/m US Treasury 3 Month Bill Fund and JPMorgan Ultra-Short Income ETF across performance, expense ratio, dividend yield, drawdown, volatility and the Algovestiq AIQ Score.
Compare TBIL and JPST against another ticker
Open a multi-ticker workspace without changing this focused pair page.
AIQ Factor Divergence
Where the two separate, on the four dimensions behind the AIQ Score. Bars read outward from a shared zero: further from the centre is a wider gap.
- Quality30%60 vs 70JPST +10
- Momentum25%32 vs 25TBIL +7
- Risk Resilience15%66 vs 67Even
- Value30%36 vs 36Even
0 of 4 evidence groups favor JPST. JPST’s edge is concentrated in quality; TBIL keeps a meaningful momentum edge.
What changed since the last close
Latest scored session 2026-09-04, compared against the prior scored session 2026-09-03.
No factor moved materially.
No new signals fired.
No factor moved materially.
No new signals fired.
JPST's lead was unchanged in the latest snapshot.
Deeper signal detail for each name lives on its own signals page — TBIL and JPST both carry a full feed there.
The central trade-off
JPST (JPMorgan Ultra-Short Income ETF): the stronger current systematic profile, led by quality.
TBIL (F/m US Treasury 3 Month Bill Fund): the counter-case, on momentum.
Which one fits your objective
The same two names rank differently depending on what you are optimizing for. All six reads are shown at once — none of them is hidden behind a toggle.
Balanced
JPSTJPST on the overall AIQ Score, which weights Quality and Value at 30% each.
Growth
EvenGrowth figures are not covered for both names.
Value
EvenThe two are level on Value.
Momentum
TBILTBIL on the Momentum factor, by 7 points.
Lower downside
EvenDownside measures are level or not covered.
Analyst upside
EvenAnalyst targets are level or not covered for both names.
Fund facts, side by side
Two funds tracking overlapping universes are separated by cost and risk far more than by holdings. Those lead here.
| Measure | TBIL | JPST | Why it matters |
|---|---|---|---|
| Expense ratio | 0.15% | 0.18% | Lower is better — it compounds against you every year you hold. |
| Assets under management | $7.2B | $41.3B | Larger funds generally carry tighter spreads. |
| Holdings | 3 | 794 | More holdings means broader diversification, not better returns. |
| Average volume | 1,129,419 | 7,619,400 | Liquidity — matters most if you trade size. |
| Annualized volatility | 1.1% | 1.3% | Lower is a steadier ride for the same exposure. |
| Max drawdown | -0.4% | -0.8% | The worst peak-to-trough loss on record for the fund. |
| Sharpe ratio | -3.62 | -3.30 | Return per unit of risk. Higher is better. |
| Beta | 0.00 | 0.01 | Sensitivity to the broad market. Neither direction is better — it depends on the role in your portfolio. |
Where the exposure actually sits
Sector exposure for each fund, ordered by the size of the difference.
Weighted holdings overlap is not available for this pair. Sector exposure above is a related but different measure — it says how much of each fund sits in the same parts of the market, not how much of the same securities they hold.
ETF comparison questions
Short answers to the fund-specific questions behind this comparison.
Which ETF is more diversified, TBIL or JPST?
JPST currently has more reported holdings, with 794 positions versus 3.
Which has the lower expense ratio?
TBIL has the lower reported expense ratio in the current fund profile.
Which ETF has the higher distribution yield?
The current dataset does not show a higher-yield winner.
Which ETF has been more volatile?
JPST has the higher annualized volatility in the current risk snapshot.
Which ETF has had the smaller drawdown?
TBIL has the less severe max drawdown in the current risk snapshot.
Which ETF has the stronger current AlgovestIQ evidence?
JPST currently leads on supporting AlgovestIQ evidence, 48 to 47.
AIQ Agreement Matrix
0 of 4 covered evidence groups favor JPST. A wide gap backed by one group is a weaker case than a narrow gap backed by five.
| Evidence group | Favors | Reading |
|---|---|---|
| AIQ Score | Even | 47 vs 48 |
| Fundamentals | Not covered | Not covered |
| Valuation | Even | Value 36 vs 36 |
| Technicals | Even | Price vs 50-day 0% vs -0.2%; vs 200-day -0.1% vs -0.4% |
| Risk Resilience | Even | Risk Resilience 66 vs 67 |
| Analyst expectations | Not covered | Not covered |
✓ agrees with the overall verdict · ✕ points the other way. Groups marked “not covered” lack data on one or both of TBIL and JPST and are excluded from the count.
AIQ Decision Stability
The conclusion is sensitive to small changes. Treat the lead as provisional and watch the flip conditions below.
- The AIQ gap is narrow at 1 points. (argues the conclusion is provisional)
- Only 0 of 4 covered evidence groups agree. (argues the conclusion is provisional)
- The leader's advantage has been narrowing. (argues the conclusion is provisional)
- The leader is throwing conflicting signals. (argues the conclusion is provisional)
Stability combines the score gap, how broadly the evidence agrees, how steady the lead has been across daily snapshots, the current signal state on both names, and analyst dispersion on JPST.
How the comparison changed
120 daily snapshots · Apr 23 – Sep 4JPST lead: Weakening — the AIQ differential moved from 4 to 1 points over 30 sessions.
- Today
- JPST +1
- 47 vs 48
- 7 sessions ago
- JPST +13
- 47 vs 60
- 30 sessions ago
- JPST +4
- 52 vs 56
- 90 sessions ago
- JPST +4
- 47 vs 51
The lead changed hands 12 times in this window, most recently on Aug 21 when JPST moved ahead of TBIL.
AIQ Signal Divergence
Only the signals that bear on the head-to-head. A conflicted name is carrying bullish and bearish rules at the same time — the technical evidence is not pointing one way.
1 bullish / 4 bearish / 2 neutral, conflicted
- Death Cross Active — bearish, trend, long horizon (0.01%)
- 52-Week High Proximity — bullish, risk, long horizon (0.3%)
- 52-Week Low Proximity — bearish, risk, long horizon (0.1%)
2 bullish / 5 bearish / 2 neutral, conflicted
- Death Cross Active — bearish, trend, long horizon (0.17%)
- Keltner Channel Breakdown — bearish, volatility, short horizon
- RSI Oversold - Potential Bounce — bullish, momentum, short horizon
JPST leads the comparison while carrying a conflicted signal state, which is one reason the stability rating is not higher.
Price vs model alignment
Whether the latest session's price move confirms what the model did over the same session, or contradicts it.
Neither the price nor the AIQ Score moved enough in the latest session to confirm or contradict the other (price +0.04%, AIQ 0 points).
Neither the price nor the AIQ Score moved enough in the latest session to confirm or contradict the other (price 0%, AIQ 0 points).
What would flip this result
A state, not a forecast. These are the specific, observable changes that would reverse the verdict — not a price prediction.
- 1TBIL closes the Quality gap — currently 10 points behind, the largest single contributor to JPST's edge.
- 2TBIL's Death Cross Active resolves — a bearish trend rule currently active against it.
- 3JPST's conflicting signal state resolves bearish — it currently carries 2 bullish and 5 bearish rules at once.
- 4The narrowing continues — the lead has already given back 3 points over 30 sessions, and a further 1-point move would eliminate JPST's advantage entirely.
The full evidence
Every number behind the verdict. The leader is called above each group so you are not left to solve it from the table.
Performance
TBIL leads 6 of 6 windows| Metric | TBIL | JPST |
|---|---|---|
| 1 week (5 sessions) | 0.1% | -0.3% |
| 1 month (20 sessions) | 0% | 0% |
| 3 months (63 sessions) | 0% | -0.1% |
| 6 months (126 sessions) | 0% | -0.4% |
| Year to date | 0% | -0.4% |
| 1 year (252 sessions) | 0.1% | -0.3% |
Technicals
Split| Metric | TBIL | JPST |
|---|---|---|
| RSI (14) | 38.5 | 29.6 |
| ADX (14) | 25.7 | 22.1 |
| Price vs 50-day | 0% | -0.2% |
| Price vs 200-day | -0.1% | -0.4% |
| Volatility (1M, annualized) | 1.1% | 1.4% |
Risk
Split| Metric | TBIL | JPST |
|---|---|---|
| Beta | 0 | 0.01 |
| Sharpe ratio | -3.62 | -3.3 |
| Sortino ratio | -2.78 | -2.62 |
| Max drawdown | -0.4% | -0.8% |
| Current drawdown | -0.3% | -0.8% |
| Annualized volatility | 1.1% | 1.3% |
| Value at risk (95%) | 0% | -0.1% |
Straight answers
Each answer is regenerated from the current snapshot, not written once and left to age.
Which is better, TBIL or JPST?
On the Algovestiq AIQ Score, JPST is the stronger of the two as of Sep 5, 2026, scoring 48 against TBIL's 47. The edge comes from quality. TBIL is not without a case — it holds the better momentum profile, which matters more if that is the objective you are optimizing for. This is a systematic score, not a recommendation: it ranks the two on the same evidence, it does not know your holding period or tax position.
Is TBIL or JPST the better buy right now?
JPST carries the stronger systematic profile as of Sep 5, 2026, and the comparison is rated Fragile — 0 of 4 covered evidence groups agree. A Fragile rating means the conclusion is sensitive: the AIQ gap is narrow at 1 points. Treat the lead as provisional.
Why does the AIQ Score favor JPST over TBIL?
The composite weights Quality at 30%, Value at 30%, Momentum at 25% and Risk Resilience at 15%. JPST leads Quality by 10 points; TBIL leads Momentum by 7 points. Where the two split, the factor with the larger weight carries the result.
Which is better value, TBIL or JPST?
Neither name separates on the peer-relative Value factor. The two are level on Value. The Value factor reads valuation relative to sector peers and to the company's own fundamental quality, so it is not the same as simply having the lower multiple.
Which has stronger growth, TBIL or JPST?
Growth figures are not covered for both names. Growth here is measured on reported revenue and earnings, not on forward estimates — it describes what the businesses have delivered, not what the Street expects next.
Which has stronger momentum, TBIL or JPST?
TBIL on the Momentum factor, by 7 points. Momentum carries 25% of the AIQ composite. It has documented persistence over three- to twelve-month horizons, which makes it a timing input rather than a reason to hold something indefinitely.
Which is riskier, TBIL or JPST?
The two are close on downside measures. Downside measures are level or not covered. The Risk Resilience factor weights 15% of the composite; position sizing usually responds to it more usefully than the buy/avoid decision does.
Is TBIL more profitable than JPST?
Margin data is not comparable for both names in the current snapshot.
Is JPST's lead over TBIL getting stronger or weaker?
JPST lead: Weakening — the AIQ differential moved from 4 to 1 points over 30 sessions. This is measured from 120 daily comparison snapshots between 2026-04-23 and 2026-09-04. The lead has changed hands 12 times in that window, most recently on 2026-08-21, when JPST moved ahead of TBIL.
What would change the TBIL vs JPST verdict?
The result is a state, not a forecast, so it changes when the underlying evidence changes. Concretely: TBIL closes the Quality gap — currently 10 points behind, the largest single contributor to JPST's edge; TBIL's Death Cross Active resolves — a bearish trend rule currently active against it; JPST's conflicting signal state resolves bearish — it currently carries 2 bullish and 5 bearish rules at once; the narrowing continues — the lead has already given back 3 points over 30 sessions, and a further 1-point move would eliminate JPST's advantage entirely.
What do the current signals say about TBIL and JPST?
TBIL: 1 bullish / 4 bearish / 2 neutral, conflicted. JPST: 2 bullish / 5 bearish / 2 neutral, conflicted. A conflicted state means bullish and bearish rules are active on the same name at once — the technical evidence is not pointing one way, and a decision taken on it carries more timing risk. The most decision-relevant rule on TBIL is Death Cross Active (bearish, long horizon). On JPST it is Death Cross Active (bearish, long horizon).
Compare TBIL and JPST with others
How this comparison is scored
The Algovestiq AIQ Score composites four factors — Quality (30%), Value (30%), Momentum (25%) and Risk (15%). Sentiment is reported separately as SentimentPulse and is not folded into the composite. Scores refresh every trading day, and this page regenerates from the latest snapshot rather than being written once.
The verdict names a leader, states how broadly six independent evidence groups agree, and rates how durable that conclusion is given the score gap, its recent trajectory and the current signal state on both names.
How to use side-by-side comparison →This comparison is informational and educational, not investment advice. AIQ scores update daily; re-check after earnings, guidance or macro data that materially changes either name’s factor profile.