Alpha Architect 1-3 Month Box ETF (BOXX)Ultrashort Bond | Exchange Traded Fund | Cboe US
117.40 USD
After hours: 117.40 +0.00 (0.000%) ⇧ (July 13, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 2:45 a.m. EDT
This instrument is a specialized tool for tax efficiency rather than capital appreciation, which fundamentally limits its investment appeal. The price action confirms this stagnation; despite a modest 10% gain over the last two years, the asset has been virtually flat for the past 14 days, trading within a razor-thin range between $117.06 and $117.40. The lack of distribution history over the last five years highlights a critical flaw: investors seeking yield are forced to rely entirely on price appreciation, which this ETF has failed to deliver recently. The options market reinforces this view of a 'zombie' asset, with heavy put positioning at the $115 level acting as a psychological floor while the underlying strategy mimics Treasury yields without offering the liquidity or flexibility of actual bonds. For a long-term holder, the combination of zero meaningful dividends, negligible recent price momentum, and the inherent drag of a hedged strategy makes it difficult to justify holding over traditional cash equivalents or taxable Treasuries. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.000968 |
| MSTL | 0.000989 |
| AutoETS | 0.000991 |
| AutoTheta | 0.001036 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 85% |
| H-stat | 14.11 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.101 |
| Excess Kurtosis | -0.53 |
| Attribute | Value |
|---|---|
| Trailing P/E | 26.95 |
As of July 11, 2026, 2:45 a.m. EDT: Speculators are positioning for a range-bound outcome with a distinct skew toward downside protection. While there is minimal call activity, put writers and buyers have established a significant wall of open interest at the $115 strike for the July expiration, suggesting a floor expectation. Conversely, deep out-of-the-money puts for the December expiration show notable volume and open interest, indicating a hedge against a potential drop to $110 or lower over the longer term. The implied volatility is extremely low for near-term strikes, reflecting the expectation of minimal movement.
| Date | Dividend | Yield % |
|---|---|---|
| 2024-08-13 | 0.291 | 0.269071 |
| Attribute | Value |
|---|---|
| All Time High | 117.4 |
| All Time Low | 100.025 |
| Ask | 0.0 |
| Ask Size | 16,600 |
| Average Daily Volume10 Day | 2,519,830 |
| Average Daily Volume3 Month | 2,340,019 |
| Average Volume | 2,340,019 |
| Average Volume10Days | 2,519,830 |
| Beta3 Year | 0.0 |
| Bid | 0.0 |
| Bid Size | 78,400 |
| Category | Ultrashort Bond |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 117.43 |
| Day Low | 117.4 |
| Dividend Yield | 0.0 |
| Eps Trailing Twelve Months | 4.356919 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 116.9128 |
| Fifty Day Average Change | 0.48719788 |
| Fifty Day Average Change Percent | 0.0041671903 |
| Fifty Two Week Change Percent | 4.068792 |
| Fifty Two Week High | 117.43 |
| Fifty Two Week High Change | -0.02999878 |
| Fifty Two Week High Change Percent | -0.00025546094 |
| Fifty Two Week Low | 112.8 |
| Fifty Two Week Low Change | 4.5999985 |
| Fifty Two Week Low Change Percent | 0.040780127 |
| Fifty Two Week Range | 112.8 - 117.43 |
| First Trade Date Milliseconds | 1,672,237,800,000 |
| Full Exchange Name | Cboe US |
| Fund Family | Alpha Architect |
| Fund Inception Date | 1,672,099,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the Box Spreads such that the weighted average maturity of the Box Spreads based upon expiration dates is less than 90 days. The principal investment strategy of the fund will be to utilize an exchange-listed options strategy called a box spread (“Box Spread”). |
| Long Name | Alpha Architect 1-3 Month Box ETF |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1805323020 |
| Nav Price | 117.3646 |
| Net Assets | 12,697,272,300.0 |
| Net Expense Ratio | 0.19 |
| Open | 117.42 |
| Post Market Change | 0.00009918213 |
| Post Market Change Percent | 0.00008448222 |
| Post Market Price | 117.4001 |
| Post Market Time | 1,783,987,190 |
| Previous Close | 117.4 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.0 |
| Regular Market Change Percent | 0.0 |
| Regular Market Day High | 117.43 |
| Regular Market Day Low | 117.4 |
| Regular Market Day Range | 117.4 - 117.43 |
| Regular Market Open | 117.42 |
| Regular Market Previous Close | 117.4 |
| Regular Market Price | 117.4 |
| Regular Market Time | 1,783,972,801 |
| Regular Market Volume | 2,532,576 |
| Short Name | Alpha Architect 1-3 Month Box E |
| Source Interval | 15 |
| Symbol | BOXX |
| Three Year Average Return | 0.0471063 |
| Total Assets | 12,697,272,320 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 26.945648 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 0.83581 |
| Trailing Three Month Returns | 0.83581 |
| Triggerable | 1 |
| Two Hundred Day Average | 115.58605 |
| Two Hundred Day Average Change | 1.8139496 |
| Two Hundred Day Average Change Percent | 0.015693499 |
| Type Disp | ETF |
| Volume | 2,532,576 |
| Yield | 0.0 |
| Ytd Return | 1.78538 |