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Global X 0-3 Month T-Bill ETF (CBIL.TO)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Global X 0-3 Month T-Bill ETF (CBIL.TO)

ETF · Currency in CAD · Last updated May 30, 2025

CBIL seeks to provide interest income through exposure to short-term Government of Canada Treasury Bills with maturities generally less than 3 months.

ETF Info

CUSIP

37964G100

Issuer

Global X

Inception Date

Apr 12, 2023

Category

Canadian Government Bonds

Leveraged

1x

Index Tracked

No Index (Active)

Distribution Policy

Distributing

Asset Class

Bond

Expense Ratio

CBIL.TO has an expense ratio of 0.10%, which is considered low.

Share Price Chart

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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Global X 0-3 Month T-Bill ETF

Popular comparisons:
CBIL.TO vs. ZMMK.TO CBIL.TO vs. CASH.TO CBIL.TO vs. PMIF.TO CBIL.TO vs. TBIL CBIL.TO vs. SGOV CBIL.TO vs. ZST.TO CBIL.TO vs. VFV.TO CBIL.TO vs. CMR.TO CBIL.TO vs. ZAG.TO
Popular comparisons:
CBIL.TO vs. ZMMK.TO CBIL.TO vs. CASH.TO CBIL.TO vs. PMIF.TO CBIL.TO vs. TBIL CBIL.TO vs. SGOV CBIL.TO vs. ZST.TO CBIL.TO vs. VFV.TO CBIL.TO vs. CMR.TO CBIL.TO vs. ZAG.TO

Performance

Performance Chart

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S&P 500

Returns By Period

Global X 0-3 Month T-Bill ETF (CBIL.TO) returned 1.15% year-to-date (YTD) and 3.67% over the past 12 months.

CBIL.TO

YTD

1.15%

1M

0.21%

6M

1.47%

1Y

3.67%

3Y*

N/A

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

0.52%

1M

6.32%

6M

-1.44%

1Y

12.25%

3Y*

12.45%

5Y*

14.20%

10Y*

10.84%

*Annualized

Monthly Returns

The table below presents the monthly returns of CBIL.TO, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20250.29%0.22%0.21%0.23%0.20%1.15%
20240.35%0.40%0.41%0.38%0.47%0.35%0.35%0.42%0.30%0.36%0.29%0.30%4.47%
20230.10%0.35%0.38%0.37%0.42%0.47%0.37%0.39%0.46%3.36%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 100, CBIL.TO is among the top 0% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.

The Risk-Adjusted Performance Rank of CBIL.TO is 100100
Overall Rank
The Sharpe Ratio Rank of CBIL.TO is 100100
Sharpe Ratio Rank
The Sortino Ratio Rank of CBIL.TO is 100100
Sortino Ratio Rank
The Omega Ratio Rank of CBIL.TO is 100100
Omega Ratio Rank
The Calmar Ratio Rank of CBIL.TO is 100100
Calmar Ratio Rank
The Martin Ratio Rank of CBIL.TO is 100100
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Global X 0-3 Month T-Bill ETF (CBIL.TO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Global X 0-3 Month T-Bill ETF Sharpe ratios as of May 30, 2025 (values are recalculated daily):

  • 1-Year: 13.47
  • All Time: 12.80

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Global X 0-3 Month T-Bill ETF compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History

Global X 0-3 Month T-Bill ETF provided a 3.68% dividend yield over the last twelve months, with an annual payout of CA$1.84 per share.

3.40%3.60%3.80%4.00%4.20%4.40%CA$0.00CA$0.50CA$1.00CA$1.50CA$2.0020232024
Dividends
Dividend Yield
PeriodTTM20242023
DividendCA$1.84CA$2.19CA$1.70

Dividend yield

3.68%4.38%3.39%

Monthly Dividends

The table displays the monthly dividend distributions for Global X 0-3 Month T-Bill ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025CA$0.13CA$0.12CA$0.11CA$0.11CA$0.00CA$0.47
2024CA$0.22CA$0.21CA$0.20CA$0.20CA$0.21CA$0.20CA$0.20CA$0.19CA$0.18CA$0.15CA$0.14CA$0.12CA$2.19
2023CA$0.27CA$0.19CA$0.20CA$0.19CA$0.20CA$0.23CA$0.23CA$0.21CA$1.70

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

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Worst Drawdowns

The table below displays the maximum drawdowns of the Global X 0-3 Month T-Bill ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Global X 0-3 Month T-Bill ETF was 0.06%, occurring on Oct 3, 2023. Recovery took 3 trading sessions.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-0.06%Oct 2, 20232Oct 3, 20233Oct 6, 20235
-0.06%Dec 27, 20231Dec 27, 20232Dec 29, 20233
-0.05%Nov 13, 20231Nov 13, 20234Nov 17, 20235
-0.04%Jun 3, 20241Jun 3, 20244Jun 7, 20245
-0.04%Jan 2, 20241Jan 2, 20243Jan 5, 20244
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

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