TBIL: F/m US Treasury 3 Month Bill ETF
F/m Investments · Bonds / Fixed Income · Tracks T-Bills
Growth of $100
Green is what an investor who reinvested every payout would have; red is the price alone. The gap between them is the income. If the red line keeps falling, the payouts are partly your own money coming back.
Was the payout earned?
Over the last year TBIL paid 3.7% and returned +3.7% in total, so the payout was fully earned and the fund also kept (or grew) its value.
| Earned % (3 months) | 98% |
| Earned % (1 year) | 102% |
| Earned % (full history, up to 5 yrs) | 102% |
Earned % = total return ÷ payouts. 100% means every dollar paid out was earned; below 100% means part of it came from the fund's own value. This is an economic measure based on market price, not the tax label on the payout.
Where the DT Score comes from
Total 60.7 / 100 · rank #114 of 420. How the score works
Risk
| Sortino ratio (1Y) | -1.15 |
| Sharpe ratio (1Y) | -0.82 |
| Steadiness vs S&P 500 | 500%+ |
| Beta to S&P 500 | -0.00 |
| Correlation to S&P 500 | -0.04 |
| Max drop (1Y) | -0.0% |
| Max drop (up to 5 yrs) | -0.1% |
| Trend | Mixed |
| History | 4.2 yrs |
Vs. BIL (what it's built on)
| Upside capture | 84% |
| Downside capture | -20% |
| Capture ratio | – |
| Beta | 0.15 |
| Correlation | 0.22 |
| Tracking | Weakly |
On days BIL rose, TBIL caught 84% of the gain; on days it fell, TBIL took -20% of the loss.
Payout history
Each bar is one payout (last 36 shown). Pays Monthly.
| Ex-date | Amount |
|---|---|
| 2026-10-27 | $0.1670 |
| 2026-09-28 | $0.1570 |
| 2026-08-27 | $0.1540 |
| 2026-07-28 | $0.1500 |
| 2026-06-29 | $0.1470 |
| 2026-05-28 | $0.1470 |
| 2026-04-28 | $0.1470 |
| 2026-03-30 | $0.1470 |
| 2026-02-26 | $0.1500 |
| 2026-01-29 | $0.1550 |
| 2025-12-30 | $0.1530 |
| 2025-12-02 | $0.1520 |
Funds that track the same thing
Other T-Bills income funds, ranked by DT Score. See them all · Compare TBIL with the top 3
| Fund | Category | Fwd rate | 12m yield | 1Y total ret. | Earned % 1Y | Upside capt. | Downside capt. | Tracking | DT Score | Momentum | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CSHI NEOS Enhanced Income 1-3 Month T-Bill ETF | Bonds / Fixed Income | 5.4% | 4.8% | +4.5% | 94% | 94% | -35% | Weakly | 70 | 73 | Downtrend |
| SGOV iShares 0-3 Month Treasury Bond ETF | Bonds / Fixed Income | 3.6% | 3.3% | +3.4% | 102% | 84% | 66% | Closely | 58 | 73 | Downtrend |
| BIL SPDR Bloomberg 1-3 Month T-Bill ETF | Bonds / Fixed Income | 3.5% | 3.3% | +3.3% | 99% | – | – | – | 55 | 73 | Downtrend |
About TBIL
| Issuer | F/m Investments |
| Structure | ETF |
| Category | Bonds / Fixed Income |
| Strategy | 3-month T-bills |
| Underlying | UST bills |
| Exposure | T-Bills / Cash-Like |
| Index linkage | Yes - tracks index |
| Pays | Monthly |
| Expense ratio | 0.15% |
| Uses leverage | No |
| Upside capped | No |
| Rate sensitivity | Low |
| Return of capital common | No |
| Tax notes | Ordinary income; T-bill/Treasury interest state-tax exempt (portion) |
Research notes: Verify sponsor/name (F/m Investments US Treasury 3 Month Bill ETF). | Name cleaned 2026-11-08.
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