XBIL - US Treasury 6 Month Bill ETF

Under normal market conditions, The adviser seeks to achieve the fund’s investment objective by investing at least 80% of the fund’s net assets (plus any borrowings for investment purposes) in the component securities of the underlying index. The underlying index is comprised of a single issue purchased at the beginning of the month and held for a full month.

As of May 15, 2026: spot at $50.11, ATM IV 462.6%, net GEX $0.

Sector
Financial Services
Industry
Asset Management
Market Cap
$749.2M
Beta
0.02
52-Week Range
49.98-50.22
Dividend Yield
$1.91
IPO Date
Mar 7, 2023
Exchange
NASDAQ

What XBIL Looks Like to Options Traders Today

IV rank of 98.1% signals elevated pricing relative to the 1-year history, conditions that typically favor premium-selling structures (credit spreads, iron condors, covered calls); positive net gamma exposure ($0) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.001) is roughly flat across the wings.

What This Page Covers

The XBIL overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.

Frequently asked XBIL overview questions

What is XBIL?
XBIL is the ticker symbol for US Treasury 6 Month Bill ETF, an listed exchange-traded fund. Under normal market conditions, The adviser seeks to achieve the fund’s investment objective by investing at least 80% of the fund’s net assets (plus any borrowings for investment purposes) in the component securities of the underlying index. The underlying index is comprised of a single issue purchased at the beginning of the month and held for a full month. Listed on NASDAQ. XBIL is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
What does the XBIL options snapshot look like today?
As of May 15, 2026, the XBIL options snapshot shows spot at $50.11, ATM IV 462.6%, IV rank 98.1%, net GEX $0, expected move 132.62%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
What are XBIL's key statistics?
US Treasury 6 Month Bill ETF (XBIL) carries a market capitalization of $749.2M, 52-week range of 49.98-50.22. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
What sector or industry does XBIL belong to?
US Treasury 6 Month Bill ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare XBIL's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
How current is the XBIL data on this page?
The options snapshot above is dated May 15, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.