ETFs that hold bonds tend to trade at a premium or discount to the NAV of the holdings. I guess you could call it basis risk. There is also the expense ratio to contend with (effectively a managed fee), but it is less work.
I don't know what the minimum amount of capital that you need to purchase a t-bill; however, with an ETF and fractional shares, capital wouldn't be an issue
BrownPrivilege123 t1_jegy2o2 wrote
Reply to comment by dust4ngel in CD vs T-bill what’s the best move? by maccc095
ETFs that hold bonds tend to trade at a premium or discount to the NAV of the holdings. I guess you could call it basis risk. There is also the expense ratio to contend with (effectively a managed fee), but it is less work.
I don't know what the minimum amount of capital that you need to purchase a t-bill; however, with an ETF and fractional shares, capital wouldn't be an issue