See what your fund actually adds
F/M US Treasury 3 Month Bill Fund - Institutional Class Shares TBFMX
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | TBFMX | Replication |
|---|---|---|
| Annualized growth | 3.6% | 3.7% |
| Annualized volatility | 0.2% | 0.1% |
| Sharpe ratio | 21.87 | 34.64 |
| Maximum drawdown | 0.0% | 0.0% |
| Replication fit (R²) | 0.82 · Tracking error 0.1% | |
Replication portfolio
The published portfolio below is the investable basket used to model TBFMX’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| BIL | FI · Ultra-Short | 100.0% |