BOXXAlpha Architect 1-3 Month Box ETF
Seeks investment results that equal or exceed the performance of the 1-3 month U.S. Treasury Bill market.
By Alpha Architect · Launched 2022
0.19%
#957 of 5,562 · low cost
$12.1B
#230 of 5,562 · large
0.00%
3 years
#2,893 of 5,562 · seasoned
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 9 holdings = 100.1% of fundconcentrated
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Where to buy
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks investment results that equal or exceed the performance of the 1-3 month U.S. Treasury Bill market.
- Strategy
- Actively managed, the Fund utilizes box spreads involving long and short options to achieve its objective. It invests primarily in options on U.S. Treasury Bills, aiming for consistent returns reflective of short-term interest rates.
- Inception date
- December 27, 2022
- Fund family
- Alpha Architect
Similar ETFs
Closest matches by profileOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Covered call ETF — yield ≠ total return
The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.
Source: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)
Why we flagged this: strategy=option_income + option_income_strategy
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 2026-06-19