Roundhill Box Spread ETF

XBOX

時価総額 $3.26億

Treasury bills look tempting right now, but a growing category of options-based ETFs promises a similar yield while keeping the IRS largely out of the picture. The catch involves a four-legged derivatives strategy most investors have never heard of.

The ETF industry's cash-management arms race is moving beyond traditional Treasury funds, with GraniteShares launching a new product as the box-spread ETF category has swelled to $10.7 billion in assets.

With stock and bond markets looking iffy, investors are trying to shore up their cash positions.