XCSH ETF — XFUNDS 1-3 Month BOX ETF

XFUNDS 1-3 Month BOX ETF (XCSH)

XFUNDS 1-3 Month BOX ETF is a cash-alternative fixed income fund from the XFUNDS lineup that seeks to match or exceed the yield of 1-3 month U.S. Treasury Bills using exchange-listed box spread options rather than holding bills directly. A box spread combines offsetting synthetic long and short option positions on the same underlying to create a synthetic short-term bond, an approach that has historically let comparable funds accrue return as price appreciation instead of regular distributions, which can be more tax-efficient than a Treasury or money-market fund for taxable accounts. This fund suits investors parking short-term cash who want T-Bill-like returns in an ETF wrapper, though the options-based structure introduces counterparty and execution considerations that direct Treasury ownership does not carry.

XCSH key facts

Data as of August 19, 2026.

Issuer

Nicholas Wealth Management

Asset type

ETF

Asset class

Fixed Income

Distribution frequency

None

Last close

$100.06

Average volume

1873.0

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. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

Primary sources: Nicholas Wealth Management fund page; Index: U.S. Treasury Bills (1-3 Month); 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 XCSH — and who may not

XCSH may suit someone looking for low-cost broad dividend exposure. It is a weaker fit for investors who need monthly cash flow (XCSH 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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