# XBOX Bid-Ask Spread, Liquidity and NAV Premium

> 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%. No fund is recommended.

Data as of Nov 4, 2026. Rebuilt every trading night.

As of Nov 4, 2026. Rebuilt every trading night.

## XBOX bid-ask spread and liquidity

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%.

### IQ Liquidity Score

Not scored, 1 of 6 measured.

A fixed 0 to 100 scale of trading conditions, the same anchors for every fund; 100 is the easiest to trade. It measures how cheaply and reliably the fund can be bought and sold, not whether to own it. How the score is built

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, 100.0 95% of days within ±0.11% of NAV, 24 days to Nov 4, 2026 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 (Phase 2)

### Premium or discount to NAV

- Latest close, Nov 4, 2026: −0.05%

- 95% of days within: ±0.11%

- Days more than 1% from NAV: 0 of 24

- Widest: −0.13%, Oct 22, 2026

Close against the NAV its issuer struck the same day, 24 days from Sep 11, 2026 to Nov 4, 2026. Source: ETFIQ from the issuer’s NAV and closing price.

### Capacity

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

### How to trade XBOX

When ETF spreads are usually widest in the first minutes after the open and the last minutes before the close. ETFIQ measures this fund’s own day once it has trade data. Watch The premium. On 95% of days it is within ±0.11%; beyond that a buyer pays more, and a seller gets less, than the holdings are worth.

### What retail orders paid

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.

| Orders | One way on $10,000 |
| --- | --- |
| All wholesalers read | $0.63 |
| Schwab customers | $1.48 |

| Month | One way on $10,000 |
| --- | --- |
| Mar 2026 (old format) | $0.00 |
| Apr 2026 (old format) | $2.69 |
| May 2026 (old format) | $1.57 |
| Jun 2026 (old format) | $0.00 |
| Jul 2026 (old format) | $1.79 |
| Aug 2026 | $0.38 |
| Sep 2026 | $0.63 |

XBOX ranked 523rd of 628 ETFs by retail order activity in Sep 2026, an ETFIQ estimate. It drew 0.0007% of the market-order dollars in 4 retail brokers’ reports. Retail activity ranking

### Where it trades

In Q2 2026, 30% of XBOX’s shares traded off exchange on the median day. Odd lots, under 100 shares, were 6.3% of its exchange volume.

### Coming with trade data

Spread through the day, buyers against sellers, large trades and the closing auction’s share, each once ETFIQ has trade and quote data.

### 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.

### Sources and dates

- Premium: ETFIQ, close against the issuer’s NAV, Sep 11, 2026 to Nov 4, 2026.

- Retail orders: SEC Rule 605 reports, Sep 2026, from Charles Schwab, G1 Execution Services, Fidelity Brokerage Services, Robinhood, HRT Financial, Jane Street Capital, Vanguard. Computed by ETFIQ. Citadel Securities refused ETFIQ’s request, so its orders are not counted.

- Where it trades: SEC MIDAS, Q2 2026, against the fund’s daily volume from Tiingo.

### Where to next

The score measures trading conditions, not the fund. ETFIQ is an independent publisher, not an adviser, and makes no recommendations. Standards and sources

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Source: ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.
Cite: ETFIQ, XBOX trading: cost, capacity, premium and dealers, data as of Nov 4, 2026. https://etfiq.com/funds/xbox/trading/
Licence: https://etfiq.com/license/ Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.
HTML: https://etfiq.com/funds/xbox/trading/