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Beacon

BOXAAlpha Architect Aggregate Bond

Take a bet1y track recordRanked #302 of 775 in this goal

Seeks to exceed the total return performance of the U.S. Aggregate Bond Market.

By Alpha Architect · Launched 2024

Annual Cost

0.23%

#1,127 of 5,562 · low cost

Fund Size

$17M

#4,462 of 5,562 · small

Return (1Y)Goal

+3.5%

Track Record

1 year

#4,021 of 5,562 · young

Performance

Total-return NAV · USD
Growth of $10,000
$10,356+3.6%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 7 holdings = 100.0% of fundconcentrated

AGG 03/20/2026 25.01 C
73.7%
SPY 03/20/2026 10010.01 P
15.9%
First American Government Obligations FundFGXXX
9.2%
SPY 03/20/2026 10.01 C
1.2%
SPY 03/20/2026 10010.01 C
0.0%
SPY 03/20/2026 10.01 P
0.0%
AGG 03/20/2026 16.01 C
-0.1%

Asset allocation

Stocks
192.4%
Other
0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
3.7%Low

Year-on-year price swings

Max drawdown
-3.2%Mild

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Bond profile

Where to buy

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks to exceed the total return performance of the U.S. Aggregate Bond Market.
Strategy
Actively managed ETF investing in options on ETFs or indexes to outperform the Solactive US Aggregate Bond Index. Targets notional exposure of 80% to 120% based on proprietary tactical signals and market conditions.
Inception date
December 17, 2024
Fund family
Alpha Architect

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Closet indexing
Warning

Closet indexer — active fees, passive behavior

This fund charges active-management fees but closely tracks its benchmark index. You may be paying a premium for active management that does not meaningfully exist — a combination of high R² versus the benchmark, low tracking error, and a TER sitting well above the passive peer-group median.

R²
92.3%
TE
1.2%
Beta
0.90
Fee
3× 0.07%

Source: Cremers & Petajisto (2009) · Amihud & Goyenko (2013) · ESMA (2016)

Why we flagged this: strategy=active_selection + low_tracking_error+near_market_beta+fee_premium

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-20