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F/m US Treasury 6 Month Bill ETF (XBIL)

Ultrashort Bond | Exchange Traded Fund | NasdaqGM
50.02 USD
After hours: 50.02

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take | Aug. 22, 2026, 2:05 a.m. EDT

This instrument is a precise barometer of the risk-free rate environment, offering a stable 4% yield that acts as a floor in volatile markets. However, the price action is essentially flat, trading within a razor-thin range of 50 cents over the last two years, which confirms that the market sees no capital appreciation potential here. The recent price history shows a slight uptick, but the annual trajectory reveals zero growth, meaning the total return relies entirely on the dividend. While the yield is attractive for income-focused portfolios, the lack of price momentum and the defensive nature of the options flow suggest this is a holding for stability, not growth. It is a neutral play where the only edge comes from the coupon, making it suitable for a bond-equivalent slot rather than an equity allocation.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.000739
AutoETS0.000874
AutoTheta0.000891
MSTL0.000987

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 87%
H-stat 5.50
Ljung-Box p 0.000
Jarque-Bera p 0.514
Excess Kurtosis -0.50

As of Aug. 22, 2026, 2:05 a.m. EDT: Speculators are positioning defensively with heavy out-of-the-money put open interest at strikes significantly below the current price (41 and 45), suggesting a hedge against a sharp drop rather than a bet on one. Conversely, call activity is sparse and concentrated at very distant strikes (60), indicating a lack of near-term bullish conviction. Implied volatility is elevated for near-term puts relative to calls, reflecting a 'crash' premium rather than an upside expectation.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.32% 4.00% 4.52%
Dividend History
Date Dividend Yield %
2026-08-27 0.159 0.317873
2026-07-28 0.159 0.318095
2026-06-29 0.148 0.296059
2026-05-28 0.147 0.293912
2026-04-28 0.149 0.297851
2026-03-30 0.146 0.291854
2026-02-26 0.146 0.291854
2026-01-29 0.150 0.299760
2025-12-30 0.158 0.315621
2025-12-02 0.153 0.305633
2025-11-03 0.154 0.307692
2025-10-01 0.159 0.317682
2025-09-02 0.172 0.343828
2025-08-01 0.171 0.341897
2025-07-01 0.181 0.362072
2025-06-02 0.170 0.340034
2025-05-01 0.170 0.339898
2025-04-01 0.174 0.347930
2025-03-03 0.174 0.347861
2025-02-03 0.175 0.349790
2024-12-30 0.180 0.359856
2024-12-02 0.181 0.361964
2024-11-01 0.176 0.351789
2024-10-01 0.193 0.385769
2024-09-03 0.209 0.418167
2024-08-01 0.216 0.432519
2024-07-01 0.219 0.438966
2024-06-03 0.218 0.437005
2024-05-01 0.216 0.432996
2024-04-01 0.215 0.430862
2024-03-01 0.211 0.422592
2024-02-01 0.215 0.430344
2023-12-27 0.220 0.440617
2023-12-01 0.226 0.452271
2023-11-01 0.226 0.452679
2023-10-02 0.225 0.450631
2023-09-01 0.224 0.448404
2023-08-01 0.221 0.442664
2023-07-03 0.219 0.438395
2023-06-01 0.203 0.406447
2023-05-01 0.199 0.397920
2023-04-03 0.188 0.375399
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 4.02

Info Dump

Attribute Value
All Time High 50.3
All Time Low 49.83
Ask 50.06
Ask Size 14
Average Daily Volume10 Day 73,570
Average Daily Volume3 Month 87,254
Average Volume 87,254
Average Volume10Days 73,570
Beta3 Year 0.01
Bid 50.04
Bid Size 88
Category Ultrashort Bond
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 50.039
Day Low 50.02
Dividend Yield 4.02
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 50.0862
Fifty Day Average Change -0.06620026
Fifty Day Average Change Percent -0.0013217265
Fifty Two Week Change Percent -0.009995699
Fifty Two Week High 50.22
Fifty Two Week High Change -0.20000076
Fifty Two Week High Change Percent -0.0039824923
Fifty Two Week Low 49.98
Fifty Two Week Low Change 0.040000916
Fifty Two Week Low Change Percent 0.00080033846
Fifty Two Week Range 49.98 - 50.22
First Trade Date Milliseconds 1,678,199,400,000
Full Exchange Name NasdaqGM
Fullday Change 0.0
Fullday Change Percent 0.0
Fullday Price 50.02
Fund Family F/m Investments LLC
Fund Inception Date 1,678,060,800
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,023-03-07
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary Under normal market conditions, F/m Investments LLC (the “Adviser”) seeks to achieve the fund’s investment objective by investing at least 80% of the fund’s net assets (plus any borrowings for investment purposes) in the component securities of the underlying index. The underlying index is comprised of a single issue purchased at the beginning of the month and held for a full month.
Long Name F/m US Treasury 6 Month Bill ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1792786901
Nav Price 50.1718
Net Assets 740,973,890.0
Net Expense Ratio 0.15
Open 50.03
Phone (302) 791-1851
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 50.02
Post Market Time 1,787,947,805
Previous Close 50.02
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.0
Regular Market Change Percent 0.0
Regular Market Day High 50.039
Regular Market Day Low 50.02
Regular Market Day Range 50.02 - 50.039
Regular Market Open 50.03
Regular Market Previous Close 50.02
Regular Market Price 50.02
Regular Market Time 1,787,947,200
Regular Market Volume 289,567
Short Name US Treasury 6 Month Bill ETF
Source Interval 15
Symbol XBIL
Three Year Average Return 0.0455047
Total Assets 740,973,888
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 0.90186
Trailing Three Month Returns 0.90186
Triggerable 1
Two Hundred Day Average 50.101826
Two Hundred Day Average Change -0.08182526
Two Hundred Day Average Change Percent -0.0016331791
Type Disp ETF
Volume 289,567
Yield 0.0402
Ytd Return 2.04158