Buy ICSH: Better Safe Than Sorry

What happened: A Seeking Alpha analyst recommends iShares Ultra Short Duration Bond Active ETF ($ICSH) as a Buy for capital preservation and higher yield than T-Bill funds like BIL. Key numbers: Rate hike odds at this month's Fed meeting rose to near 70% after September's increase, then fell to near 20% in a few weeks. ICSH has an 8-month duration and outperformed BIL in 11 of the past 12 years. Why it matters: The analyst says ICSH may temporarily lag BIL after a December rate hike, but a subsequent pause should let its yield advantage reassert, supporting the Buy rating.

A Seeking Alpha analyst recommends iShares Ultra Short Duration Bond Active ETF ($ICSH) as a Buy for capital preservation and higher yield than T-Bill funds like BIL.

The analyst says ICSH may temporarily lag BIL after a December rate hike, but a subsequent pause should let its yield advantage reassert, supporting the Buy rating.