LBOX ETF — GraniteShares Short Term Box ETF

GraniteShares Short Term Box ETF (LBOX)

LBOX is a low-cost ETF linked to U.S. Treasury Bills (via box spreads). As of September 3, 2026, its expense ratio is 0.13%.

GraniteShares Short Term Box ETF is an ETF that seeks capital appreciation through short-term box spreads—offsetting synthetic long and short options positions designed to produce a fixed payoff at expiration—targeting Treasury bill-like returns with a tax-aware structure. The fund does not seek to make regular income distributions and carries an expense ratio of 0.15%. It may appeal to investors seeking short-term, fixed-income-like returns with potential tax efficiency benefits.

LBOX key facts

Data as of September 3, 2026.

Issuer

GraniteShares

Asset type

ETF

Asset class

Fixed Income

Inception date

08/24/2026

Expense ratio

0.13%

Distribution frequency

None

Last close

$25.05

NAV

$25.05

Premium / discount

0.00%

AUM

$1,502,764

Average volume

3675.0

P/E ratio

24.7489

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss. Figures below use Dividend Vision data as of September 3, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of September 3, 2026.

Primary sources: GraniteShares or company page; Index: U.S. Treasury Bills (via box spreads); prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

Who may consider LBOX — and who may not

LBOX may suit someone looking for low-cost broad dividend exposure. It is a weaker fit for investors who need monthly cash flow (LBOX does not currently distribute); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

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