Alpha Architect 1-3 Month Box ETF

BOXX

Market cap $12.1B

Federal Reserve hikes are increasingly likely, with inflation increasing and unemployment stable. Lots of investments and ETFs should outperform during a period of rising rates. I'll be giving a quick rundown of four such ETFs in this article. Funds vary in risk, from cash ETFs to riskier choices, with the possibility of outstanding gains.

If you keep cash in a money market fund and pay California's top marginal rate, you hand roughly half of your yield to two governments before you spend a dollar of it.

For a high earner sitting on idle cash, the choice between a money market fund and a

Inflation is increasing once more. Rates could follow. Cash would perform quite well during a rising rates scenario, seeing higher yields, and minimal price movements or losses. I'll be giving a quick rundown on three strong cash ETFs in this article.

For investors seeking momentum, Alpha Architect 1-3 Month Box ETF BOXX is probably on the radar. The fund just hit a 52-week high and has risen 4.18% from its 52-week low price of $111.78/share.

Alpha Architect 1-3 Month Box ETF is rated buy, offering tax-advantaged T-bill-like returns for high-bracket taxable investors. BOXX's box spread structure delivers approximately 60-70 bps annual after-tax pickup over SGOV, compounding inside NAV with minimal volatility. My base case of one Fed cut in 2026 supports a favorable front-end yield environment, enhancing BOXX's appeal for cash management.

BOXX hits a 52-week high as its box spread strategy rides on elevated yields and risk-off demand, raising prospects for further near-term gains.

BOXX is a Treasury ETF in name only. It does not actually hold T-bills or other government bonds.

BOXX hits a new 52-week high as risk-off flows boost demand for its box spread strategy tracking short-term T-bill performance.

Cullen Roche emphasizes that portfolio construction must be highly customized to individual timelines, risk tolerances, and financial goals. Traditional diversification strategies, like the 60/40 portfolio, face new challenges given elevated valuations and diminished bond diversification; temporal diversification is now critical.