(BIL) SPDR Bloomberg 1-3 Month - Ratings and Ratios

The SPDR® Bloomberg 1-3 Month T-Bill ETF (BIL) is an exchange-traded fund designed to provide low-risk exposure to short-term U.S. Treasury obligations. The fund invests at least 80% of its total assets in securities that replicate the economic characteristics of the Bloomberg 1-3 Month U.S. Treasury Bill Index, which tracks public obligations of the U.S. Treasury with remaining maturities between 1 to 3 months. This structure allows investors to access short-duration government debt, making it a tool for managing interest rate risk in a rising or falling rate environment. The fund is highly liquid, with an average daily trading volume of over 18 million shares, and is widely used by institutional and retail investors for cash management and hedging purposes.

From a technical standpoint, BIL has shown stability with a 20-day moving average of 91.47 and a 50-day moving average of 91.24, indicating a slight upward trend. The 200-day moving average of 90.03 reflects longer-term stability. The Average True Range (ATR) of 0.03 highlights the funds low volatility, consistent with its focus on short-term Treasury bills. The last price of 91.63 suggests minimal deviation from its moving averages, reinforcing its predictable performance.

Over the next three months, BIL is expected to maintain its low-volatility profile, with price movements likely to remain tightly range-bound. The funds performance will be closely tied to short-term interest rate fluctuations, with potential modest gains if the Federal Reserve maintains its current monetary policy stance. The funds AUM of nearly $50 billion underscores its status as a leading ultrashort bond ETF, providing investors with a reliable option for parking capital in a low-risk environment.