The Simplify Government Money Market ETF (SBIL) seeks current income consistent with liquidity and stability of principal. 0.15% expense ratio, $4.7B AUM, 7 holdings, inception 2025.
The Simplify Government Money Market ETF (SBIL) seeks current income consistent with liquidity and stability of principal. 0.15% expense ratio, $4.7B AUM, 7 holdings, inception 2025.
ETF Overview
The Simplify Government Money Market ETF (SBIL) seeks current income consistent with liquidity and stability of principal. SBIL operates as a government money market fund pursuant to Rule 2a-7 under the Investment Company Act of 1940. SBIL can be used by investors who seek income and stability of principal and by investors seeking a Rule 2a-7 compliant investment in ETF format. Although SBIL is a money market fund, it will have a floating net asset value and share price.
The Simplify Government Money Market ETF (SBIL) seeks current income consistent with liquidity and stability of principal. SBIL operates as a government money market fund pursuant to Rule 2a-7 under the Investment Company Act of 1940. SBIL can be used by investors who seek income and stability of principal and by investors seeking a Rule 2a-7 compliant investment in ETF format. Simplify Government Money Market ETF provides exposure to the fixed income market. The portfolio is concentrated with 7 holdings.
Risk Metrics
Simplify Government Money Market ETF holds only 7 positions, creating elevated concentration risk where poor performance from a few holdings can significantly impact returns. Heavy allocation to Cash & Others (100.0%) means sector-specific downturns could disproportionately affect performance.
Expense Ratio
0.15%
Sector Allocation
Cash & Others: 100.0%
Other: 100.0%
Dividend Yield
0.00%
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<a href="/etf/bamb">Brookstone Intermediate Bond ETF (BAMB)</a> — 1.04% expense ratio
<a href="/etf/hybi">NEOS Enhanced Income Credit Select ETF (HYBI)</a> — 0.68% expense ratio
<a href="/etf/flcb">Franklin U.S. Core Bond ETF (FLCB)</a> — 0.15% expense ratio
<a href="/etf/bltd">Bluemonte Long Term Bond ETF (BLTD)</a> — 0.23% expense ratio
<a href="/etf/pink">Simplify Health Care ETF (PINK)</a> (Equity) — 0.51% expense ratio
<a href="/etf/aggh">Simplify Aggregate Bond ETF (AGGH)</a> (Fixed Income) — 0.55% expense ratio
<a href="/etf/sdmf">Simplify DBi CTA Managed Futures Index ETF (SDMF)</a> (Alternatives) — 0.35% expense ratio
Questions & Answers
What is Simplify Government Money Market ETF (SBIL)?
The Simplify Government Money Market ETF (SBIL) seeks current income consistent with liquidity and stability of principal. SBIL operates as a government money market fund pursuant to Rule 2a-7 under the Investment Company Act of 1940. It holds 7 securities. With $4.7B in assets under management, it is one of the larger funds in its category.
What is the expense ratio for SBIL?
Simplify Government Money Market ETF has an expense ratio of 0.15%, which is considered low for fixed income ETFs. This means for every $10,000 invested, annual fees would be approximately $15. Lower expense ratios generally lead to better long-term returns, all else being equal.
How long has SBIL been around?
Simplify Government Money Market ETF was launched in 2025, making it 1 years old. It is a relatively newer fund with a shorter track record. It is managed by Simplify.
What is the current NAV of SBIL?
Simplify Government Money Market ETF has a net asset value (NAV) of approximately $100.18 per share. The NAV represents the per-share value of the fund's underlying assets minus liabilities. Market price may differ slightly from NAV due to supply and demand dynamics during trading hours.
Is SBIL a good investment?
Simplify Government Money Market ETF is a fixed income ETF with $4.7B in assets and 7 holdings. Fixed income ETFs generally provide more stable returns than equity funds but are sensitive to interest rate changes. When rates rise, bond prices typically fall, and vice versa. Whether it is suitable depends on your investment goals, risk tolerance, and time horizon. Consider consulting a financial advisor for personalized guidance.