US Treasury 3 Month Bill ETF (TBIL)
TBIL is a passive ETF by US Benchmark Series tracking the investment results of the ICE BofA US Treasury Bill 3 Month Index. TBIL launched on Aug 8, 2022 and has a 0.15% expense ratio.
ETF Info
| ISIN | US74933W4520 |
|---|---|
| Issuer | US Benchmark Series |
| Inception Date | Aug 8, 2022 |
| Region | North America (U.S.) |
| Category | Ultrashort Bond |
| Leveraged | 1x |
| Index Tracked | ICE BofA US Treasury Bill 3 Month Index |
| Asset Class | Bond |
Expense Ratio
TBIL has an expense ratio of 0.15%, which is considered low compared to other funds.
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.
Popular comparisons: TBIL vs. SGOV, TBIL vs. BOXX, TBIL vs. BIL, TBIL vs. USFR, TBIL vs. VGSH, TBIL vs. HIGH, TBIL vs. QQQ, TBIL vs. MINT, TBIL vs. ICSH, TBIL vs. BND
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in US Treasury 3 Month Bill ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
US Treasury 3 Month Bill ETF had a return of 4.73% year-to-date (YTD) and 5.47% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 4.73% | 25.48% |
| 1 month | 0.36% | 2.14% |
| 6 months | 2.56% | 12.76% |
| 1 year | 5.47% | 33.14% |
| 5 years (annualized) | N/A | 13.96% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of TBIL, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.60% | 0.44% | 0.40% | 0.42% | 0.50% | 0.38% | 0.44% | 0.46% | 0.45% | 0.37% | 4.73% | ||
| 2023 | 0.33% | 0.38% | 0.48% | 0.34% | 0.42% | 0.46% | 0.35% | 0.52% | 0.38% | 0.46% | 0.43% | 0.46% | 5.12% |
| 2022 | 0.09% | 0.32% | 0.17% | 0.38% | 0.34% | 1.30% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of TBIL is 100, placing it in the top 0% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for US Treasury 3 Month Bill ETF (TBIL) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
US Treasury 3 Month Bill ETF provided a 5.38% dividend yield over the last twelve months, with an annual payout of $2.69 per share.
| Period | TTM | 2023 | 2022 |
|---|---|---|---|
| Dividend | $2.69 | $2.49 | $0.55 |
Dividend yield | 5.38% | 5.00% | 1.10% |
Monthly Dividends
The table displays the monthly dividend distributions for US Treasury 3 Month Bill ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.11 | $0.22 | $0.22 | $0.22 | $0.22 | $0.22 | $0.22 | $0.22 | $0.22 | $0.21 | $0.19 | $2.25 | |
| 2023 | $0.00 | $0.18 | $0.19 | $0.18 | $0.20 | $0.21 | $0.22 | $0.22 | $0.22 | $0.22 | $0.22 | $0.44 | $2.49 |
| 2022 | $0.15 | $0.15 | $0.25 | $0.55 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the US Treasury 3 Month 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 US Treasury 3 Month Bill ETF was 0.10%, occurring on Oct 5, 2022. Recovery took 8 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -0.1% | Oct 4, 2022 | 2 | Oct 5, 2022 | 8 | Oct 17, 2022 | 10 |
| -0.05% | Dec 27, 2022 | 1 | Dec 27, 2022 | 2 | Dec 29, 2022 | 3 |
| -0.04% | Aug 11, 2022 | 3 | Aug 15, 2022 | 1 | Aug 16, 2022 | 4 |
| -0.04% | Nov 15, 2022 | 1 | Nov 15, 2022 | 2 | Nov 17, 2022 | 3 |
| -0.04% | Apr 10, 2023 | 1 | Apr 10, 2023 | 1 | Apr 11, 2023 | 2 |
Volatility
Volatility Chart
The current US Treasury 3 Month Bill ETF volatility is 0.09%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.