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Long/Short ETF (BOXX) Hits New 52-Week High

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For investors seeking momentum, Alpha Architect 1-3 Month Box ETF (BOXX - Free Report) is probably on the radar. The fund just hit a 52-week high and is up 4.7% from its 52-week low price of $106.69/share. 

But are more gains in store for this ETF? Let’s take a quick look at the fund and the near-term outlook on it to get a better idea of where it might be headed:

BOXX in Focus

Alpha Architect 1-3 Month Box ETF is an options-based alternative to an ultrashort-duration bond position. It seeks to provide investment results that equal or exceed the price and yield performance of an investment that tracks the 1-3-month sector of the United States Treasury Bill market. Invesco Ultra Short Duration ETF charges 19 bps in annual fees (see: all the Long-Short ETFs here).

Why the Move?

The short-term corner of the Treasury market has been an area to watch lately, given the current stock market volatility. The flip-flop tariff policies have raised uncertainty about the global economy, compelling investors to hoard cash. As such, the appeal for cash-like ETFs has been on the rise as investors seek to mitigate the risk of a decline in the stock market.

More Gains Ahead?

Currently, BOXX might continue its strong performance, given its weighted alpha of 4.60 and a low 20-day volatility of 0.37%, per barchart.com.


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