Jakub Rehor

27 Feb: BOXX as an Alternative to T-bills

The BOXX ETF provides returns that closely track those of Treasury bills. Due to a quirk in the US tax code, BOXX ETF profits are taxed as capital gains, not investment income. That means that long-term holders of BOXX pay long-term capital gains rates which can be much lower than ordinary income tax rates. Investors who hold Treasury bills in taxable accounts should consider replacing them with BOXX.