Skip to Content
ETFs

The RBB Fund, Inc. US Treasury 3 Month Bill ETF

TBIL
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Aug 9, 2022
Expense Ratio
0.15%
Type
US Bonds
Fund Owner
F/m Investments
Volume (1m avg. daily)
$50,159,870
AUM
$2,062,597,980
Associated Index
ICE BofA US 3-Month Treasury Bill Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

—
UNITED STATES TREAS BILLS 11/30/2023
91.15%
—
UNITED STATES TREAS BILLS 12/07/2023
8.17%
—
UNITED STATES TREAS BILLS 12/21/2023
0.67%
—
Cash & Other
0.01%
Invest with TBIL
Trade TBIL Options

What is TBIL?

The investment objective of the US Treasury 3 Month Bill ETF (the "UST 3 Month Bill Fund") is to seek investment results that correspond (before fees and expenses) generally to the price and yield performance of the ICE BofA US 3-Month Treasury Bill Index (G0O1). TBIL aims to make monthly dividend payments, more frequent than those of the underlying security.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

TBIL
Performance Measures**

for the time period Aug 9, 2022 to Dec 5, 2025

Returns

1M Trailing Return: 0.4%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 1.0%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -0.1%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 0.3%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 13.91

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 46.62

The annualized return divided by the max drawdown for the selected time period.

ETFs related toTBIL

ETFs correlated to TBIL include BILS, XHLF, GBIL

TBIL
Rbb Fund Inc - US Treasury 3 Month Bill ETF
BILS
SPDR Series Trust - SPDR Bloomberg 3-12 Month T-Bill ETF
XHLF
BondBloxx ETF Trust - BondBloxx Bloomberg Six Month Target Duration US Treasury ETF
GBIL
Goldman Sachs ETF Trust - Goldman Sachs Access Treasury 0-1 Year ETF
XBIL
Rbb Fund Inc - US Treasury 6 Month Bill ETF
BIL
SPDR Series Trust - SPDR Bloomberg 1-3 Month T-Bill ETF
TBLL
Invesco Capital Management LLC - Invesco Short Term Treasury ETF
PAAA
PGIM ETF Trust - PGIM AAA CLO ETF
SHV
BlackRock Institutional Trust Company N.A. - iShares Short Treasury Bond ETF
OBIL
Rbb Fund Inc - US Treasury 12 Month Bill ETF
USFR
WisdomTree Trust - WisdomTree Floating Rate Treasury Fund

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toTBIL

Steph combo 1

Category

Regime switching, trend-following, mean reversion, leveraged ETFs, volatility hedging, tech momentum, Treasuries, tactical allocation

OOS Cumulative Return

117.91%

Steph combo 2

Category

Tactical asset allocation, Momentum, Trend-following, Leveraged ETFs, Volatility hedging, US large-cap tech, Semiconductors, Treasuries, Global equities

OOS Cumulative Return

95.36%

Create your own algorithmic trading strategy with TBIL using Composer

FAQ

TBIL is a US Bonds ETF. The investment objective of the US Treasury 3 Month Bill ETF (the "UST 3 Month Bill Fund") is to seek investment results that correspond (before fees and expenses) generally to the price and yield performance of the ICE BofA US 3-Month Treasury Bill Index (G0O1). TBIL aims to make monthly dividend payments, more frequent than those of the underlying security.

TBIL tracks the ICE BofA US 3-Month Treasury Bill Index.

No, TBIL is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, TBIL is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on TBIL is 0.0044%. This is the percent change in the value of TBIL over the most recent 1-month period. The 3-month return on TBIL is 0.0129%. This is the percent change in the value of TBIL over the most recent 3-month period.

The standard deviation of TBIL for the past year is 0.0118%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to TBIL include SHY, SPTL, and TLT.

ETFs correlated to TBIL include BILS, XHLF, and GBIL.

ETFs that are inversely correlated to TBIL include DFCA, FLRN, and JMHI.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.