The Laddered T-Bill ETF

Frequently Asked Questions About TLDR

What does TLDR invest in?

TLDR, officially known as The Laddered T-Bill ETF, utilizes a structured approach to manage its portfolio of U.S. Treasury Bills. The fund aims to maintain a dollar-weighted average maturity of approximately 60 days. Its primary holdings consist of T-Bills set to mature within six months, though it may also allocate capital to cash, cash equivalents, or money market instruments backed by U.S. Treasuries. A dedicated sub-adviser is tasked with overseeing the maturity ladder and optimizing reinvestment timing to enhance yield opportunities at the short end of the U.S. Treasury curve. This oversight includes the tactical ability to adjust the portfolio's average maturity; it can be lengthened when market conditions favor slightly longer-dated bills, or shortened to 30 days or less to bolster liquidity or reduce exposure to interest rate fluctuations. By spreading investments across various near-term maturities, the strategy effectively manages interest rate risk and generates a steady flow of income. As these positions mature, the fund continually rolls its portfolio into newly issued T-Bills at prevailing market rates, a process that can result in a high level of portfolio turnover.

What is the expense ratio of TLDR?

The Laddered T-Bill ETF (TLDR) charges an expense ratio of 0.20%. This is the annual fee deducted from fund assets to cover management and operations.

How big is TLDR?

The Laddered T-Bill ETF (TLDR) manages $53.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is TLDR actively managed or an index fund?

TLDR's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was TLDR launched?

The Laddered T-Bill ETF (TLDR) launched in January 2026 and is managed by Rexshares.

How has TLDR performed?

TLDR's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.