Global X Funds - 1-3 Month T-Bill Etf
The fund invests at least 80% of its total assets, plus borrowings for investment purposes (if any), in the securities of the underlying index. The underlying index is designed to measure the performance of public obligations of the U.S. Treasury that have a remaining maturity of greater than or equal to 1 month and less than 3 months.
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN
Flows are quiet — the past month netted out near zero, while the price has returned +0.1% so far this year. At 0.070% a year it is not the cheapest way in — IJH runs the same ground at 0.05%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
| # | Holding | Weight | Price | Day | 52-wk | |
|---|---|---|---|---|---|---|
| 1 | —OTHER PAYABLE & RECEIVABLES | 4.89% | — | — | — |
| 1 week | +0.1% |
| 1 month | +0.0% |
| 3 months | 0.0% |
| 6 months | +0.0% |
| YTD | +0.1% |
| 1 year | -0.0% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
| 1 week | — |
| 1 month | — |
| 3 months | — |
| YTD | — |
| 1 year | — |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
The top holding is 4.9% of the book; the top ten carry 5%. Spread across 1+ names, it behaves like roughly 1 equally-weighted positions.
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Due diligence cuts both ways. These funds sit on the same shelf and beat CLIP on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| IDEV iShares Core MSCI International Developed Markets ETF | 0.04% | $32.7B | +$104M | -3bp on fee · 53× the assets · +$104M in over the month | Head-to-head |
| GOVT iShares U.S. Treasury Bond ETF | 0.05% | $43.8B | +$304M | -2bp on fee · 71× the assets · +$304M in over the month | Head-to-head |
| IEFA iShares Core MSCI EAFE ETF | 0.07% | $193.2B | +$631M | 312× the assets · +$631M in over the month | Head-to-head |
| SGOV iShares 0-3 Month Treasury Bond ETF | 0.07% | $103.2B | +$4.7B | 166× the assets · +$4.7B in over the month | Head-to-head |
| IEMG iShares Core MSCI Emerging Markets ETF | 0.09% | $160.6B | +$1.9B | 259× the assets · +$1.9B in over the month | Head-to-head |