Summary
TLDR
Prices · period metrics · 1M
NAV as of 02/06/2026
28/04/2026 → 28/05/2026
Return 0.23% Volatility 0.26% Sharpe -1.78
Official loaded data — not a live quote.

THE LADDERED T-BILL ETF

Symbol: TLDR

Exchange: BATS

Sector: N/A

Category: Ultrashort Bond

Inception date: 20/01/2026

Latest date: 02/06/2026

Current price: $25.00

Expense ratio: 0.20%

Assets under management
$4.5M
0.02% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
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Performance metrics

Period total return

0.23%

Ann. 3.16% (Sharpe / Sortino numerator)

Volatility

0.26%

Sharpe ratio

-1.782

VaR 95%

0.00%

CVaR 95%: -0.00%
Max drawdown: -0.02%
Sortino ratio: N/A
Calmar ratio: N/A

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

0.80%

Ann. 3.30% (Sharpe / Sortino numerator)

Volatility

0.38%

Sharpe ratio

-0.860

VaR 95%

-0.02%

CVaR 95%: -0.03%
Max drawdown: -0.05%
Sortino ratio: -1.819
Calmar ratio: N/A

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 1M

Daily simple returns from the same adjusted closes used by the performance chart: 04/05/2026 - 02/06/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.012%

Best day

0.04%

14/05/2026
Worst day

-0.04%

02/06/2026
Days with data

20

Recent price history (last 90 days)

Date Open High Low Close Volume
02/06/2026 $25.00 $25.01 $25.00 $25.00 6,400
01/06/2026 $25.02 $25.02 $25.01 $25.02 1,700
29/05/2026 $25.01 $25.02 $25.01 $25.02 1,000
28/05/2026 $25.00 $25.00 $25.00 $25.00 300
27/05/2026 $25.00 $25.00 $25.00 $25.00 3,800
26/05/2026 $25.02 $25.02 $25.02 $25.02 4,400
22/05/2026 $25.02 $25.02 $25.01 $25.01 3,800
21/05/2026 $25.02 $25.03 $25.02 $25.02 10,600
20/05/2026 $25.00 $25.00 $25.00 $25.00 300
19/05/2026 $25.00 $25.01 $25.00 $25.00 1,100