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Spiko EU T-Bills Money Market Fund reached its highest recorded price of $1.26 on January 27, 2026. Since then, the price has declined that peak — today it trades at $1.23, a -2.38% move from the all-time high.
To reclaim its record, EUTBL would need to gain 2.4% from current levels — a 1.02x move. This is the classic “recovery math” of drawdowns: a 50% drop requires a 100% gain to break even, a 75% drop requires 300%, and a 90% drop requires 900%.
On the downside, the all-time low of $1.01 was set on August 15, 2024. From that floor, EUTBL has returned +21.66%.