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Post by chang on Feb 5, 2021 2:27:24 GMT
I use VUSFX extensively at VG. Recently I have built up a significant cash balance in a Fidelity IRA, where I cannot use VUSFX.
Would JPST and MINT be the obvious alternatives? Anyone else make use of these ETFs and have a preference? Did I miss anything? (GSY?)
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dh
Ensign
Posts: 5
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Post by dh on Feb 5, 2021 6:10:00 GMT
Hi Chang, check EMNT.
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Post by yogibearbull on Feb 5, 2021 13:41:23 GMT
There are several Ultra-ST ETFs now. I have been using ICSH.
Fido also has a relatively new ST bond index FNSOX but short-term trading restrictions apply; only FCONX is exempt from trading restrictions.
Note that UST is a standard abbreviation for US Treasuries while you meant Ultra-ST by it.
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joe
Ensign
Posts: 1
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Post by joe on Feb 5, 2021 14:18:01 GMT
I use JPST. It has higher returns than MINT, higher SEC yield, lower standard deviation, higher alpha and lower expenses. See the chart below.
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Post by Chahta on Feb 5, 2021 14:23:27 GMT
I have used GSY before but ICSH looks better than MINT, JPST and GSY on Back Test, with very low SD (by 50%) and superior Sharpe and Sortino ratios..
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Post by yogibearbull on Feb 5, 2021 14:46:23 GMT
Chahta, Other in Ultra-ST context is bank CDs [US or foreign]. On the other hand, more corporates add to return & volatility. So, how these funds do depends on their specific mix of Treasuries, corporates, CDs. But clearly, these are not held for performance.
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