BOXX
Alpha Architect 1-3 Month Box ETF
📎 Investment Objective
The Alpha Architect 1-3 Month Box ETF (BOXX) seeks to provide investors with exposure to a portfolio of short-term U.S. Treasury securities with maturities between 1 and 3 months.
Overview
ETF tracking Alpha Architect 1-3 Month Box ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Alpha Architect 1-3 Month Box ETF (BOXX) seeks to provide investors with exposure to a portfolio of short-term U.S. Treasury securities with maturities between 1 and 3 months.
🎯 Investment Strategy
The ETF invests primarily in a portfolio of U.S. Treasury bills, notes, and bonds with remaining maturities between 1 and 3 months. The fund aims to maintain a weighted average maturity of the portfolio between 1 and 3 months.
✨ Key Features
- Focuses on ultra-short duration U.S. Treasuries to provide stability and liquidity
- Designed to offer a cash management solution with minimal interest rate risk
- Expense ratio of 0.00% makes it a low-cost option for short-term fixed income exposure
- Assets under management are currently $0 as the fund is new
⚠️ Primary Risks
- Interest rate risk: The fund's value may decline if interest rates rise
- Credit risk: The risk of default on the underlying U.S. Treasury securities
- Liquidity risk: The fund may have difficulty selling its holdings in volatile or uncertain market conditions
- New fund risk: As a newly launched ETF, it has a limited performance history
👤 Best For
This ETF may be suitable for investors seeking a low-risk, highly liquid cash management solution or as a temporary parking place for cash holdings. It could be used as a defensive allocation within a broader investment portfolio.