Our monthly market valuation updates have long had the same conclusion: US stock indexes are significantly overvalued, which suggests cautious expectations for investment returns. On August 4, 2020, the 10-year Treasury yield hit its all-time low of 0.52%.
The BondBloxx Bloomberg One Year Target Duration US Treasury ETF (XONE) offers a focused approach, targeting 1-year duration U.S. Treasury securities. BondBloxx's prescriptive ETF offerings allow retail investors to build complex trades, like constructing a yield curve with specific duration nodes. XONE is part of BondBloxx's treasury vertical, providing a strategic option for investors in today's market environment.
The BondBloxx Bloomberg One Year Target Duration US Treasury ETF offers a higher yield than CDs with minimal risk and no early withdrawal penalties. XONE invests in U.S. Treasury securities with an average duration of one year, providing a 5.2% forward yield at just 3bps in fees. XONE outperforms similar ETFs in return and stability, making it a safe, liquid option for parking cash.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
John P. Quinn Vermillion & White Wealth Management Group LLC | 9,238 | $459,299.87 | $455,526.7 | -$3,773.17 | -0.82% |
Alexander Eichhorn Tanager Wealth Management LLP | 556,988 | $27.62M | $27.47M | -$154,348.63 | -0.56% |
| SU Scott Ungar BlackDiamond Wealth Management LLC | 11,589 | $576,659.12 | $571,659.87 | -$4,999.25 | -0.87% |
| SW Steve Wachs Legacy CG LLC | 24,297 | $1.21M | $1.2M | -$7,342.55 | -0.61% |
Michael Byun SageView Advisory Group LLC | 528 | $26,155 | $26,035.68 | -$119.32 | -0.46% |
| ARCA Exchange | US Country |