SPDR Blmbg Barclays 1-3 Mth T-Bill (BIL) to EUR Hedged: Rolling Returns

Simulation Settings
Category:
Period: January 1950 - February 2026 (~76 years)
Initial Amount: 1€
Currency: EUR
BIL is not denominated in EUR. Returns are simulated using exchange rates or interest rate differentials in case of currency hedging.
Inflation: Eurozone
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This asset allocation includes ETFs not denominated in EUR. Returns are calculated using exchange rates or, if applicable, interest rate differentials for currency hedging.

When holding the SPDR Blmbg Barclays 1-3 Mth T-Bill (BIL) to EUR Hedged ETF, how long should you stay invested to have high probability to achieve a positive return?

Over the selected period (~76 years), the longest duration with a negative return was 178 months (from October 2008 to July 2023).

This indicates that, within the same timeframe, any rolling period of 179 months or more has consistently resulted in a positive return.

Understanding this metric is crucial as it highlights the importance of a safe investment horizon. Knowing the minimum duration required to likely see positive returns helps investors set realistic expectations and reinforces the strategy of staying invested through market cycles. This approach can mitigate the emotional reactions to short-term market fluctuations and enhance the likelihood of achieving financial goals.

Previous vs subsequent Returns

Is there a correlation between past and future returns over all 10-year rolling periods?

The following chart illustrates the relationship between past returns (x-axis) and subsequent returns (y-axis).

Data points are aggregated to show occurrences, and you can zoom in by clicking or drawing over the desired area.

SPDR BLMBG BARCLAYS 1-3 MTH T-BILL (BIL) TO EUR HEDGED ETF
Previous vs Next Returns - 10 Years annualized
Time Period: 1 March 1996 - 28 February 2026 (30 Years)
Time Period: 1 January 1950 - 28 February 2026 (~76 years)
30 Years
(1996/03 - 2026/02)
All Data
(1950/01 - 2026/02)

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As of Feb 28, 2026, the annualized return of the previous 10 years has been 0.58%.

Rolling Returns

A rolling return is a measure of investment performance that calculates the return of an investment over a set period of time, with the starting date rolling forward. This approach can provide a more accurate representation of the investment's historical performance and helps investors to evaluate the investment's consistency over time.

SPDR BLMBG BARCLAYS 1-3 MTH T-BILL (BIL) TO EUR HEDGED ETF
Annualized Rolling Returns
Annualized Rolling Returns - Inflation Adjusted
Time Period: 1 March 1996 - 28 February 2026 (30 Years)
Time Period: 1 January 1950 - 28 February 2026 (~76 years)
30 Years
(1996/03 - 2026/02)
All Data
(1950/01 - 2026/02)
Eurozone Inflation Adjusted:

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Rolling Period Analysis

By selecting the 'Rolling Period', the chart and data will update. To study a different date range, change the simulation settings.

SPDR BLMBG BARCLAYS 1-3 MTH T-BILL (BIL) TO EUR HEDGED ETF
Rolling Returns Chart
Rolling Returns Chart - Inflation Adjusted
Time Period: 1 January 1950 - 28 February 2026 (~76 years)
Over Time
Histogram
Eurozone Inflation Adjusted:

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Swipe left to see all data
Worst Median Best Negative Periods
-0.74%
Aug 2021 - Jul 2022
+3.90% +9.34%
Sep 1991 - Aug 1992
12.18%
110 out of 903
-10.09%
Nov 2021 - Oct 2022
+1.11% +7.44%
Jan 1952 - Dec 1952
30.68%
277 out of 903
-0.67%
Aug 2015 - Jul 2017
+3.99% +9.10%
Apr 1991 - Mar 1993
12.01%
107 out of 891
-7.36%
Dec 2020 - Nov 2022
+1.14% +5.93%
Jun 1951 - May 1953
30.08%
268 out of 891
-0.65%
Jan 2015 - Dec 2017
+4.09% +8.74%
Jul 1990 - Jun 1993
11.72%
103 out of 879
-5.14%
May 2020 - Apr 2023
+1.17% +5.27%
Jan 1951 - Dec 1953
32.08%
282 out of 879
-0.62%
Oct 2014 - Sep 2018
+4.24% +8.39%
Oct 1989 - Sep 1993
11.07%
96 out of 867
-4.20%
Mar 2019 - Feb 2023
+1.10% +4.51%
Jul 1989 - Jun 1993
32.76%
284 out of 867
-0.59%
Sep 2014 - Aug 2019
+4.25% +7.94%
May 1989 - Apr 1994
10.76%
92 out of 855
-3.80%
Nov 2017 - Oct 2022
+1.15% +4.35%
May 1989 - Apr 1994
31.35%
268 out of 855
-0.57%
Aug 2016 - Jul 2022
+4.34% +7.49%
Jun 1989 - May 1995
10.44%
88 out of 843
-3.51%
Nov 2016 - Oct 2022
+1.26% +4.03%
Jun 1989 - May 1995
29.42%
248 out of 843
-0.57%
Aug 2015 - Jul 2022
+4.42% +7.14%
Mar 1989 - Feb 1996
10.11%
84 out of 831
-3.28%
Mar 2016 - Feb 2023
+1.34% +3.82%
May 1989 - Apr 1996
28.04%
233 out of 831
-0.57%
Aug 2014 - Jul 2022
+4.43% +6.78%
Mar 1989 - Feb 1997
9.89%
81 out of 819
-2.94%
Feb 2015 - Jan 2023
+1.22% +3.79%
May 1985 - Apr 1993
27.84%
228 out of 819
-0.54%
Aug 2013 - Jul 2022
+4.45% +6.46%
Feb 1989 - Jan 1998
9.05%
73 out of 807
-2.64%
Mar 2014 - Feb 2023
+1.17% +3.79%
Apr 1985 - Mar 1994
26.89%
217 out of 807
-0.47%
Nov 2012 - Oct 2022
+4.54% +6.20%
Oct 1988 - Sep 1998
8.43%
67 out of 795
-2.46%
May 2013 - Apr 2023
+1.13% +3.68%
Jul 1984 - Jun 1994
26.42%
210 out of 795
-0.39%
Nov 2011 - Oct 2022
+4.57% +6.07%
Sep 1984 - Aug 1995
7.02%
55 out of 783
-2.40%
Nov 2011 - Oct 2022
+1.11% +3.58%
Feb 1985 - Jan 1996
25.03%
196 out of 783
-0.30%
Nov 2010 - Oct 2022
+4.60% +6.03%
Sep 1981 - Aug 1993
5.58%
43 out of 771
-2.39%
Nov 2010 - Oct 2022
+1.13% +3.50%
Jan 1984 - Dec 1995
22.44%
173 out of 771
-0.25%
Nov 2009 - Oct 2022
+4.59% +6.07%
Feb 1981 - Jan 1994
4.08%
31 out of 759
-2.32%
Nov 2009 - Oct 2022
+1.16% +3.44%
Apr 1985 - Mar 1998
22.00%
167 out of 759
-0.16%
Feb 2009 - Jan 2023
+4.65% +6.11%
Mar 1980 - Feb 1994
2.41%
18 out of 747
-2.20%
May 2009 - Apr 2023
+1.15% +3.38%
Mar 1985 - Feb 1999
21.55%
161 out of 747
+0.04%
Oct 2008 - Sep 2023
+4.69% +6.06%
Feb 1980 - Jan 1995
0.00%
0 out of 735
-1.95%
May 2009 - Apr 2024
+1.20% +3.33%
Feb 1984 - Jan 1999
20.41%
150 out of 735
+0.26%
Jun 2007 - May 2023
+4.65% +6.01%
Feb 1980 - Jan 1996
0.00%
0 out of 723
-1.82%
Sep 2007 - Aug 2023
+1.20% +3.25%
Feb 1983 - Jan 1999
19.78%
143 out of 723
+0.39%
Oct 2008 - Sep 2025
+4.65% +5.92%
Mar 1979 - Feb 1996
0.00%
0 out of 711
-1.65%
Oct 2006 - Sep 2023
+1.20% +3.19%
Feb 1982 - Jan 1999
18.57%
132 out of 711
+0.46%
Nov 2004 - Oct 2022
+4.65% +5.82%
Mar 1979 - Feb 1997
0.00%
0 out of 699
-1.59%
May 2005 - Apr 2023
+1.20% +3.06%
Aug 1981 - Jul 1999
17.31%
121 out of 699
+0.51%
Dec 2003 - Nov 2022
+4.64% +5.73%
Mar 1979 - Feb 1998
0.00%
0 out of 687
-1.54%
Nov 2003 - Oct 2022
+1.20% +2.95%
Feb 1982 - Jan 2001
16.59%
114 out of 687
+0.58%
Mar 2003 - Feb 2023
+4.64% +5.62%
Jan 1979 - Dec 1998
0.00%
0 out of 675
-1.48%
Sep 2003 - Aug 2023
+1.25% +2.87%
Feb 1982 - Jan 2002
16.00%
108 out of 675
+1.08%
Mar 2001 - Feb 2026
+4.73% +5.64%
Nov 1969 - Oct 1994
0.00%
0 out of 615
-1.00%
Nov 1998 - Oct 2023
+1.38% +2.36%
Mar 1980 - Feb 2005
11.71%
72 out of 615
+1.48%
Mar 1996 - Feb 2026
+4.70% +5.42%
Jan 1966 - Dec 1995
0.00%
0 out of 555
-0.52%
Jan 1996 - Dec 2025
+1.53% +2.02%
Mar 1980 - Feb 2010
8.29%
46 out of 555
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