MINT vs TBIL: Yield, Cost and Returns Compared
As of Nov 5, 2026, MINT yields more: 4.08% (current yield) against 3.97% for TBIL. TBIL is cheaper to own at 0.15% a year vs 0.36%. Over the same 4 years (Aug 2022 to Oct 2026), MINT returned 5.0% a year with distributions reinvested, and TBIL 4.5%. MINT's income is mostly taxable by states; TBIL's is generally exempt from state income tax.
| Compared | MINT | TBIL |
|---|---|---|
| YieldCurrent yield | 4.08% | 3.97% |
| Expense ratio | 0.36% | 0.15% |
| Total return, 1 yr | +4.2% | +3.7% |
| Total return, 3 yr (a year) | +5.0% | +4.4% |
| Total return, 5 yr (a year) | +3.8% | — |
| Total return, 10 yr (a year) | +2.8% | — |
| Worst drop since Aug 2022 | -0.5% | 0.0% |
| Share price since Aug 2022 | +1% | +0% |
| Pays | Monthly | Monthly |
| Issuer | PIMCO | F/m Investments LLC |
| Assets | $18.3B | $7.5B |
| Started | 2009 | 2022 |
| Type | Ultra-short bond ETF | Treasury ETF |
Higher yield
MINT
4.08%
Lower cost
TBIL
0.15%
Better total return
MINT
5.0%/yr
Smaller worst drop
TBIL
0.0%
Key facts: MINT vs TBIL
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, MINT yields 4.08% (current yield) and TBIL yields 3.97% (current yield).
- MINT's expense ratio is 0.36% and TBIL's is 0.15%: $36 vs $15 a year on $10,000.
- From Aug 2022 to Oct 2026, $10,000 in MINT grew to $12,265 (5.0% a year) and $10,000 in TBIL to $12,012 (4.5% a year), distributions reinvested.
- Their worst month-end drops over that time: -0.5% for MINT and 0.0% for TBIL.
- MINT's income is mostly taxable by states, while TBIL's is generally exempt from state income tax.
Cite this page
SmarterDividends, "MINT vs TBIL: Yield, Cost and Returns Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/mint-vs-tbil
$10,000 in each, Aug 2022 to Oct 2026
Distributions reinvested, month-end values.
MINT became
$12,265
5.0% a year
TBIL became
$12,012
4.5% a year
Year by year
| Year | MINT | TBIL |
|---|---|---|
| 2025 | +4.7% | +4.2% |
| 2024 | +5.9% | +5.1% |
| 2023 | +6.3% | +5.1% |
Total return each calendar year, distributions reinvested.
What each holds and how it's taxed
- MINT · Ultra-short bond ETF
- Holds short-term bonds, which can include corporate or asset-backed debt, for a little more yield than T-bills and a little more price movement.
- TBIL · Treasury ETF
- Holds U.S. Treasury securities, so its income is generally exempt from state and local income tax (federal tax still applies).
General information, not tax advice. Every cash fund by yield →
MINT vs TBIL: questions
Is MINT or TBIL better?
It depends on the job. MINT pays more today (4.08% vs 3.97%), TBIL costs less, and MINT has the better total return over Aug 2022 to Oct 2026, with TBIL holding up better in its worst stretch. For cash you may need soon, yield after tax and how easily you can get the money out matter more than past returns.
Which pays a higher dividend, MINT or TBIL?
MINT, at 4.08% against 3.97% for TBIL as of Nov 5, 2026. On $10,000 that's about $408 vs $397 a year at today's rates.
Which has the better total return?
MINT. From Aug 2022 to Oct 2026, it returned 5.0% a year with distributions reinvested, against 4.5% for TBIL. $10,000 became $12,265 vs $12,012.
Which is cheaper, MINT or TBIL?
TBIL, with a 0.15% expense ratio against 0.36%.
How are MINT and TBIL taxed?
MINT: Holds short-term bonds, which can include corporate or asset-backed debt, for a little more yield than T-bills and a little more price movement. TBIL: Holds U.S. Treasury securities, so its income is generally exempt from state and local income tax (federal tax still applies). General information, not tax advice.
Related comparisons
Yields, costs and holdings as each fund reports them (via Yahoo Finance), updated daily; returns from month-end prices with distributions reinvested. MINT leads on 3 of 5 measures above. For information only, not investment advice. Last fund data: Nov 5, 2026.