OBIL

US Treasury 12 Month Bill ETF

$50.20
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The OBIL US Treasury 12 Month Bill ETF seeks to provide investment results that, before fees and expenses, correspond to the performance of the ICE U.S. Treasury 12 Month Bill Index.

Overview

ETF tracking US Treasury 12 Month Bill ETF

Category Treasury
Issuer Other
Inception Date 2022-11-15
Market Cap $286.6M
Average Volume N/A
Dividend Yield 3.25%
52-Week Range $49.97 - $50.30
VWAP $50.20

Performance

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Investment Summary

📎 Investment Objective

The OBIL US Treasury 12 Month Bill ETF seeks to provide investment results that, before fees and expenses, correspond to the performance of the ICE U.S. Treasury 12 Month Bill Index.

🎯 Investment Strategy

The fund invests in a portfolio of U.S. Treasury bills with a maturity of approximately 12 months. By holding these short-term government securities, the ETF aims to deliver returns that track the performance of the underlying index.

✨ Key Features

  • Invests in a portfolio of U.S. Treasury bills with a 12-month maturity
  • Designed to track the performance of the ICE U.S. Treasury 12 Month Bill Index
  • Extremely low expense ratio of 0.00%
  • Provides exposure to short-term U.S. government debt

⚠️ Primary Risks

  • Interest rate risk: The value of the fund's holdings may decline due to rising interest rates
  • Credit risk: The risk of default on the underlying U.S. Treasury bills
  • Tracking error risk: The fund may not perfectly track the performance of the underlying index
  • Liquidity risk: The fund may experience difficulty buying or selling its holdings

👤 Best For

This ETF may be suitable for investors seeking low-risk, short-term exposure to U.S. government debt as part of a diversified portfolio. It may be particularly appealing to conservative investors or those looking to preserve capital in the short term.