XBIL ETF — US Treasury 6 Month Bill ETF

US Treasury 6 Month Bill ETF (XBIL)

Updated October 16, 2026.

XBIL is a low-cost ETF. its distribution rate is 3.81%, its trailing-12-month yield is 3.65%, its expense ratio is 0.15%. Dividend Vision Distribution Safety Score™ is 78/100 (Generally safe). Total return is 17.4% over the past 3.6 years, 83.5 points behind SPY at 100.9%.

This ETF tracks a simple strategy of holding a single six-month U.S. Treasury bill purchased at the beginning of each month and held through that month. It distributes income monthly at a modest current distribution rate, with an expense ratio of 0.15%. The fund appeals to conservative income investors seeking short-duration fixed-income exposure and Treasury-backed returns with minimal fees.

XBIL performance versus SPY

Price and return data through 2026-10-16.

Total return is 17.4% over the past 3.6 years, 83.5 points behind SPY at 100.9%. Over the past year its total return — price change plus distributions reinvested — is 3.6%. Its deepest 1-year drawdown was 0.1%.

XBIL key facts

Distribution Safety Score™

78 · Generally safe

Safety-Adjusted Yield

2.97%

Issuer

F/m Investments

Asset type

ETF

Asset class

Fixed Income

Inception date

03/06/2023

Expense ratio

0.15%

Distribution rate

3.81%

Distribution frequency

Monthly

Trailing yield

3.65%

Last close

$50.08 (as of 2026-10-16)

AUM

$763,423,594

Average volume

91268.0

Dividend

$0.15903

Ex-dividend date

09/28/2026

Payment date

09/29/2026

Beta

0.02

How Dividend Vision calculates yield and returns

Distribution rate (3.81%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (3.65%) 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: F/m Investments; 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.

XBIL risks and drawbacks

XBIL'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. The deepest 1-year drawdown on record here is 0.1%.

Who may consider XBIL — and who may not

XBIL 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 XBIL

• All tickers starting with X

Tagged: Fixed Income, Treasury, T bills.

Frequently asked questions

More securities from F/m Investments.