Forget T-Bills. These Box Spread ETFs Pay the Same Rate With Minimal Taxable Yield

Treasury bills look tempting right now, but a growing category of options-based ETFs promises a similar yield while keeping the IRS largely out of the picture. The catch involves a four-legged derivatives strategy most investors have never heard of.

Oct 11, 2026 - 07:00
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Forget T-Bills. These Box Spread ETFs Pay the Same Rate With Minimal Taxable Yield
Treasury bills look tempting right now, but a growing category of options-based ETFs promises a similar yield while keeping the IRS largely out of the picture. The catch involves a four-legged derivatives strategy most investors have never heard of.

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