US Treasury 6 Month Bill ETF

Frequently Asked Questions About XBIL

What does XBIL invest in?

Under normal market conditions, the fund aims to meet its investment objective by allocating a minimum of 80% of its net assets (inclusive of any borrowed capital for investment) to the constituents of its underlying index. This benchmark index is composed of a single security, which is acquired at the beginning of each month and then held for the entirety of that month.

What is the expense ratio of XBIL?

US Treasury 6 Month Bill ETF (XBIL) charges an expense ratio of 0.15%. This is the annual fee deducted from fund assets to cover management and operations.

What is XBIL's dividend yield?

XBIL's trailing-twelve-month yield is 3.65%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of XBIL?

Effective duration measures XBIL's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. XBIL's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of XBIL?

XBIL's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of XBIL?

Yield to maturity (YTM) is the total return you'd earn from XBIL if every bond in the portfolio is held to maturity at the current price. XBIL's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.