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  • msf December 2011
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  • It seems so pointless.

    The first ETF is a floating rate investment grade fund; Ron notes that category has not attracted much interest. It's worse than that, though; he lists Market Vectors ETF (FLTR) (an existing competitor) on his Dec ETF deathwatch.

    The second is a short term treasury ETF. Even if you can get this with no brokerage commission, you're still paying the bid/ask spread and receiving less than half (0.4%) of what you could get at some FDIC-insured banks and some NCUA-insured credit unions.
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