IQ
XBOX
Roundhill Ultra Short Duration No Dividend Target ETF
Category BondsIssuer RoundhillNet assets $339mFee 0.14%
Trading · Roundhill Ultra Short Duration No Dividend Target ETF

XBOX bid-ask spread and liquidity

Share
Share on XDownload as PDF

As of Nov 4, 2026, XBOX closed −0.05% from its NAV, and on 95% of the 24 days to then it was within ±0.11%.

askIQ about this page

askIQ about XBOX bid-ask spread and liquidity
XBOX fund page
·
Not scored

IQ Liquidity Score

· 1 of 6 measured · Nov 4, 2026
−0.05%
latest close, Nov 4
±0.11%
95% of days within
0 · Hard to trade100 · Trades like a giant

How easily this fund trades, from 0 to 100 on the same anchors for every fund; 100 is best. Method →

Cost to trade
Not measured · the issuer's 30-day median spread is not read for this fund
·
Capacity
Not measured · its holdings are bonds, which have no volume source here
·
Price fidelity
95% of days within ±0.11% of NAV, 24 days to Nov 4, 2026
100.0
Primary market
Not measured · it first traded on 2026-03-18, and no N-CEN ETF row for series S000099970 is in the quarters read (2024q4 to 2026q3)
·
Bad-day behaviour
Not measured · 1 of the 10 worst days and 23 other days are held, under the 5 and 60 needed
·
Depth
Not measured · needs trade and quote data
·

Capacity: what its holdings can absorb in a day. Price fidelity: how close its price stays to NAV, the value of what it holds. Primary market: the dealers who create and redeem its shares. Bad-day behaviour: its premium on the market’s worst days. Depth: the dollars quoted at the bid and the ask. How to read the score →

Premium or discount to valueDaily, 24 days to Nov 4, 2026 · the ±1% band marked

Above zero: a premium. Below: a discount.

XBOX premium or discount to NAV, 24 days+1%0−1%Sep 11, 2026Nov 4, 2026
Latest close, Nov 4
−0.05%
95% of days within
±0.11%
Days more than 1% from NAV
0 of 24
Widest
−0.13%, Oct 22, 2026
CapacityWhat the holdings can absorb a day

Not measured: its holdings are bonds, which have no volume source here.

What retail orders paid

One way on $10,000, Sep 2026
All wholesalers read
$0.63
Schwab customers
$1.48

In Sep 2026, retail market orders in XBOX paid $0.63 one way on $10,000, against $0.91 at the quote.

29% of shares filled better than the quote.

Mar 2026Grey: old format, orders of 100 to 9,999 sharesSep 2026

XBOX ranked 523rd of 628 ETFs by retail order activity in Sep 2026, an ETFIQ estimate.

0.0007% of the market-order dollars in 4 retail brokers’ reports. Buys and sells together. Retail activity ranking →

Where it trades

Q2 2026, 62 trading days
Off exchange
30%
Odd lots, of exchange volume
6.3%

In Q2 2026, 30% of XBOX’s shares traded off exchange on the median day.

Off exchange means wholesalers and dark pools. Odd lots are orders under 100 shares, a sign of retail trading.

How to place the order

To buy or to sell, up to $100,000
When
ETF spreads are usually widest in the first minutes after the open and the last before the close.
Watch
The premium to NAV, charted above: a buyer pays more, and a seller gets less, when it is wide.
Why low volume does not mean illiquid →Limit orders vs market orders for ETFs →
Not measured yet: these need trade data
Spread through the day

Median spread by half hour, 30 days.

Buyers against sellers

Volume bought at the ask against volume sold at the bid.

Large trades

Trades above $500k: how many, and their share of volume.

Closing auction

Share of the day’s volume at the close.

Questions people ask

Does XBOX trade at a premium or discount to NAV?

It closed −0.05% from its NAV on Nov 4, 2026. On 95% of the 24 days to then it was within ±0.11%, and it closed more than 1% from NAV on 0 of them.
Where to next
ETF trading costs and liquidity→Cost-to-trade checker→Why low volume does not mean illiquidguide →Limit orders vs market orders for ETFsguide →How the IQ Liquidity Score is builtmethod →XBOX fund page→
Sources and dates
Premium to NAVETFIQ, close against the issuer’s NAV · Sep 11, 2026 to Nov 4, 2026
Retail ordersSEC Rule 605 reports · Sep 2026
Where it tradesSEC MIDAS · Q2 2026

The score measures trading conditions, not the fund. ETFIQ makes no recommendations.

Cite this pageCitation, APA and Markdown

ETFIQ, XBOX trading: cost, capacity, premium and dealers, data as of Nov 4, 2026. https://etfiq.com/funds/xbox/trading/

Open data →

The score measures trading conditions, not the fund. ETFIQ makes no recommendations.