US Treasury 12 Month Bill ETF
OBIL

$50.27

0.02%

Market Cap: $249M

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

150% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 4

83% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 12

14% more funds holding

Funds holding: 43 [Q1] → 49 (+6) [Q2]

5.89% more ownership

Funds ownership: 54.41% [Q1] → 60.3% (+5.89%) [Q2]

2% more capital invested

Capital invested by funds: $126M [Q1] → $128M (+$1.93M) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for OBIL.

See Analyst Rankings

Financial journalist opinion

OBIL: When Sitting In Cash Is A Hedge

OBIL offers an attractive “cash-like” alternative to traditional hedges, given the current high yield environment and expectations of future Fed rate cuts. The start of the Fed tightening cycle has suppressed volatility and traditional hedging strategies, with traditional hedges (options, inverse funds) performing poorly. The US Treasury 12 Month Bill ETF offers a high duration and a better hedge compared to buying a 1-year T-Bill outright.

OBIL: When Sitting In Cash Is A Hedge

OBIL: Good Vehicle But Duration Makes More Sense

The US Treasury 12 Month Bill ETF allows investors to access T-Bills without opening an account with the Treasury. The OBIL ETF provides consistent income with low volatility through its focus on the on-the-run 12-month T-Bill. The fund offers stable returns, high liquidity, and zero credit risk, but is susceptible to interest rate risk and lacks diversification.

OBIL: Good Vehicle But Duration Makes More Sense

See News Rankings