Is the BLACKROCK FLOATING RATE BOND ETF a good option to invest my spare money?

Hi There,

Since you already have an equity DCA, I am assuming you have an asset allocation or risk profile. For parking surplus cash, a floating rate bond ETF is a good option as it gives low volatility and some return with short time horizon. However, if interest rates keep going down, the floating rate ETF returns will go down.

Hope this helps,

Cynthia

Depends on your intention. If it is capital appreciation, then definitely not.

Based on historical performance, the 5 year return is 1.37%, even lower than what you can get from bank interest. If you objective is a non volatile and safe investment, then SSB is still an option with interest (1.46%-1.91%, April). ​​​