TLDR ETF — REX Laddered T-Bill ETF

REX Laddered T-Bill ETF (TLDR)

Updated October 16, 2026.

TLDR is a low-cost ETF linked to U.S. Treasury bills. its distribution rate is 3.76%, its trailing-12-month yield is 2.40%, its expense ratio is 0.20%. Dividend Vision Distribution Safety Score™ is 74/100 (Generally safe). Total return is 2.3% over the past 0.7 years, 9.9 points behind SPY at 12.2%.

REX Laddered T-Bill ETF is an actively managed fund that seeks current income while preserving capital and maintaining daily liquidity by investing primarily in U.S. Treasury bills with remaining maturities of six months or less, structured in a laddered portfolio. The fund offers a current distribution rate that is paid weekly, with a low expense ratio of 0.20%. This fund appeals to income-focused investors seeking stable returns with minimal credit risk and high liquidity.

TLDR performance versus SPY

Price and return data through 2026-10-16.

Total return is 2.3% over the past 0.7 years, 9.9 points behind SPY at 12.2%.

TLDR key facts

Distribution Safety Score™

74 · Generally safe

Safety-Adjusted Yield

2.78%

Issuer

REX Shares

Asset type

ETF

Asset class

Equity

Inception date

01/20/2026

Expense ratio

0.20%

Distribution rate

3.76%

Distribution frequency

Weekly

Trailing yield

2.40%

Last close

$25.02 (as of 2026-10-16)

AUM

$10,757,461

Average volume

7773.0

Dividend

$0.0181

Latest 19(a) ROC estimate

100.00%

Ex-dividend date

10/14/2026

Payment date

10/15/2026

Beta

-0.0044

How Dividend Vision calculates yield and returns

Distribution rate (3.76%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (2.40%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. 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.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: REX Shares or company page; Index: U.S. Treasury bills; 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.

TLDR risks and drawbacks

TLDR's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Total return has trailed SPY over the available window.

Who may consider TLDR — and who may not

TLDR may suit someone looking for low-cost broad dividend exposure, moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on TLDR

• All tickers starting with T

Tagged: Active, Fixed Income, T bills, Treasury, Ultra Short.

Frequently asked questions

More securities from REX Shares.