(CBIL) Global X 0-3 Month T-Bill - Ratings and Ratios
Exchange: TO • Country: Canada • Currency: CAD • Type: Etf • ISIN: CA44057C1032 • Canadian Money Market
CBIL: Money Market, Cash, Government Bills, Short Term Bonds, Fixed Income
The Global X 0-3 Month T-Bill ETF (TO:CBIL) is designed for investors seeking low-risk exposure to the Canadian money market. It tracks the Morningstar CAD O/N Cash GR CAD index, focusing on short-term Treasury bills to minimize interest rate risk.
CBIL invests primarily in Canadian Treasury bills with maturities of up to three months. This strategy aims to provide liquidity and preserve capital, making it suitable for conservative investors or those needing a cash equivalent.
With an AUM of 1,178.23M CAD, CBIL offers diversification within the Canadian money market, reducing exposure to any single issuers credit risk. Its structure ensures a low-cost, transparent investment vehicle.
While CBILs returns are modest, the focus is on stability rather than high yields. Its an attractive option for risk-averse investors or those allocating to fixed income for portfolio balance.
CBILs ETF structure provides easy access to the T-bill market without the need for direct investment. This accessibility is a key advantage for investors seeking efficient and straightforward exposure.
Additional Sources for CBIL ETF
CBIL ETF Overview
| Market Cap in USD | 1,155m |
| Category | Canadian Money Market |
| IPO / Inception | 2023-04-12 |
CBIL ETF Ratings
| Growth Rating | 35.1 |
| Fundamental | - |
| Dividend Rating | 42.7 |
| Rel. Strength | 1.91 |
| Analysts | - |
| Fair Price Momentum | 49.38 CAD |
| Fair Price DCF | - |
CBIL Dividends
| Dividend Yield 12m | 3.90% |
| Yield on Cost 5y | 4.21% |
| Annual Growth 5y | 13.67% |
| Payout Consistency | 100.0% |
CBIL Growth Ratios
| Growth Correlation 3m | 99.9% |
| Growth Correlation 12m | 100% |
| Growth Correlation 5y | 100% |
| CAGR 5y | 4.34% |
| CAGR/Max DD 5y | 0.00 |
| Sharpe Ratio 12m | -5.88 |
| Alpha | -0.28 |
| Beta | 0.001 |
| Volatility | 5.52% |
| Current Volume | 48.9k |
| Average Volume 20d | 70.6k |
As of April 11, 2025, the stock is trading at CAD 50.04 with a total of 48,851 shares traded.
Over the past week, the price has changed by +0.05%, over one month by +0.24%, over three months by +0.70% and over the past year by +3.99%.
Partly, yes. Based on ValueRay Analyses, Global X 0-3 Month T-Bill (TO:CBIL) is currently (April 2025) ok to buy, but has to be watched. It has a Growth Technical Rating of 35.12 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of CBIL as of April 2025 is 49.38. This means that CBIL is currently overvalued and has a potential downside of -1.32%.
Global X 0-3 Month T-Bill has no consensus analysts rating.
According to ValueRays Forecast Model, CBIL Global X 0-3 Month T-Bill will be worth about 53.3 in April 2026. The stock is currently trading at 50.04. This means that the stock has a potential upside of +6.57%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 53.3 | 6.6% |