Question 1

What is OBIL?

Accepted Answer

OBIL — US Treasury 12 Month Bill ETF — is a Canadian-listed ETF trading on the NASDAQ. Under normal market conditions, F/m Investments LLC (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.

Question 2

What is the OBIL ETF price today?

Accepted Answer

OBIL last traded at $49.87 CAD on the NASDAQ. See the price chart above for recent performance.

Question 3

What is the OBIL MER (management expense ratio)?

Accepted Answer

OBIL has a management expense ratio (MER) of 0.15% per year. This fee is automatically deducted from the fund's assets, so you never pay it directly — but it does reduce your net returns over time. At 0.15%, OBIL is considered a low-cost ETF.

Question 4

What are OBIL annualised returns?

Accepted Answer

OBIL historical returns: YTD: +0.59%, 1-year: +2.96%, 3-year annualised: +4.31%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is -0.37, which measures risk-adjusted return.

Question 5

Does OBIL pay dividends or distributions?

Accepted Answer

Yes, OBIL distributes income to unitholders. The current distribution yield is approximately 3.93%. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 6

What sectors does OBIL invest in?

Accepted Answer

OBIL's largest sector exposures are Energy (0.0%), Utilities (0.0%), Healthcare (0.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 7

How large is OBIL? (Assets under management)

Accepted Answer

OBIL has approximately $325M in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 8

When was OBIL launched?

Accepted Answer

OBIL was launched on November 14, 2022, giving it a 4-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 9

How do I buy OBIL in Canada?

Accepted Answer

OBIL trades on the NASDAQ under the ticker OBIL. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 10

How risky is OBIL?

Accepted Answer

OBIL has a 1-year volatility of 0.33% and a beta of 0.07 (less volatile than the broad market). Its 3-year Sharpe ratio of -0.37 indicates below-average risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-10-01	$49.81	$49.87	$49.81	$49.87	$49.87	50,200
2026-09-30	$49.81	$49.81	$49.80	$49.80	$49.80	47,984
2026-09-29	$49.77	$49.79	$49.76	$49.78	$49.78	121,100
2026-09-28	$49.76	$49.76	$49.74	$49.76	$49.76	130,761
2026-09-25	$49.95	$49.96	$49.93	$49.95	$49.95	35,000
2026-09-24	$49.96	$49.96	$49.93	$49.94	$49.94	17,220
2026-09-23	$49.96	$49.96	$49.93	$49.94	$49.94	244,354
2026-09-22	$49.95	$49.96	$49.95	$49.95	$49.95	42,021
2026-09-21	$49.95	$49.96	$49.94	$49.95	$49.95	12,458
2026-09-18	$49.95	$49.95	$49.93	$49.95	$49.95	54,100

Sector	Weight
Energy	0.00%
Utilities	0.00%
Healthcare	0.00%
Technology	0.00%
Industrials	0.00%
Real Estate	0.00%
Basic Materials	0.00%
Consumer Cyclicals	0.00%
Consumer Defensive	0.00%
Financial Services	0.00%
Communication Services	0.00%

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CIBC Investor's Edge

US Treasury 12 Month Bill ETF (OBIL : NASDAQ)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Sector Weights

About US Treasury 12 Month Bill ETF

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Frequently Asked Questions — OBIL