US Treasury 12 Month Bill ETF
$49.920.00 (0.00%)
- 0.15%
- $327M
- +3.1%
- 3.66%
- 0M sh
- $49.91
- low $49.74high $50.33
The ETF.net OBIL Grade
B
Score 63 out of 100
- 33 of 78
Score 63 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B68 out of 100Rank 21 of 78Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 66Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D39 out of 100Rank 67 of 75Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C45 out of 100Rank 41 of 78Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D35 out of 100Rank 67 of 77Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C44 out of 100Rank 53 of 78
Our read on OBIL
BMost cash-parking ETFs blend a ladder of short bills. OBIL points at one spot on the curve instead: the 12-month Treasury bill. A precision instrument from F/m's benchmark lineup, and it pays monthly.
The fund seeks investment results that correspond to the performance of its stated underlying benchmark.
Why people hold it
- Aims at a single point on the Treasury curve, the 12-month bill, rather than a blended basket of maturities. Rare precision in a category built on averages.
- Has tracked its stated benchmark closely, which is the whole job for a fund like this.
- Distributes monthly, so income arrives on a steady cadence rather than in quarterly lumps.
- Live since 2022 and has gathered a few hundred million dollars, real staying power for a niche single-maturity idea.
Worth knowing
- At 0.15%, it costs more than the T-bill cohort's typical fund and well more than the cheapest rivals, XONE at 0.03% and VBIL at 0.06%.
- Trades thinly next to cohort giants like BIL, which can mean wider spreads on the way in and out.
- A 12-month bill carries more rate sensitivity than the 0-3 month peers (VBIL, CLIP) it sits beside in this category.
OBIL Holdings
- Bonds
- 2
- 100%
- United States Treasury Bill 09/30/2027
OBIL Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
OBIL$10,308
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | OBIL |
|---|---|
| Year to date | +2.2% |
| 1 month | +0.3% |
| 3 months | +0.8% |
| 1 year | +3.1% |
| 3 years | +4.4% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | OBIL |
|---|---|---|
| 2026 YTD | +2.2% | |
| 2025 | +4.2% | |
| 2024 | +4.9% | |
| 2023 | +4.7% | |
| 2022 | +0.5% |
OBIL in the news
OBIL Dividends
- 3.66%
- $1.83
- $0.17 per share
- Monthly
Distribution history
OBIL Risk
- 0.6%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.43
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −0.3%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.07
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
OBIL Cost
0.15%
OBIL0.15%
- The middle half of Cash & Ultra-Short Income funds
- Median 0.19%
20 of the 78 Cash & Ultra-Short Income funds charge less.
Other funds in Cash & Ultra-Short Income
- BIQMMProShares - GENIUS Money Market ETFExpense ratio 0.15%1 year return —
- BNUSBNuveen Ultra Short IncomeExpense ratio 0.17%1 year return +3.8%
- BFTSMFirst Trust Enhanced Short Maturity ETFExpense ratio 0.29%1 year return +3.5%
- BCBILCorgi ETF Trust I - Corgi 3-12 Month T-Bill ETFExpense ratio 0.05%1 year return —
- BVNLAJanus Henderson Short Duration Income ETFExpense ratio 0.25%1 year return +3.6%