An options strategy called a "box spread" is gaining steam by the billions as an alternative to Treasury bills and traditional loans. The tactic gets its name from the four-sided structure of options ...

Houston, we have liftoff. Treasury bill and other fixed-income yields soared past 5% in April 2023 and have stayed there, with the 1-year Treasury bill reaching 5.4% by September. This has sparked a ...

Investors hold more than $6 trillion in money market mutual funds, but declining interest rates may force them to seek higher-yield options. The Alpha Architect 1-3 Month Box ETF offers a unique ...

The Alpha Architect 1-3 Month Box ETF has performed as designed, returning 5.0% in 2023, alleviating concerns about hidden risks. BOXX utilizes box spreads to replicate treasury bill returns, ...

BOXX has gathered $9.4B in assets since December 2022 using S&P 500 box spreads to deliver 4.1% yield. The fund’s returns track short-term rates through options arbitrage instead of holding Treasury ...