BOXX: A Creative Way To Buy A Synthetic T-Bill

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.