Surprising insight: After fees, a 100% downside buffered ETF may only offer ~1% more than a 1-year Treasury—if markets cooperate. 📉➡️📈In Episode 23 of The Weekly Rebalance, Nick and Ethan break down buffered ETFs (defined outcome ETFs)—how they’re built (long call + long put + short call), how caps and downside protection work, and why RIAs are increasingly using them as Treasury or bond ladder replacements.With Dividend Aristocrats outperforming and big tech showing volatility, advisors are revisiting tools that define risk while maintaining upside potential. We also walk through real cap rate math (including fees), liquidity considerations, laddering strategies, and when these products make sense in a client portfolio.Are buffered ETFs a smarter cash alternative in 2026?👇 Do you prefer Treasuries or defined outcome ETFs right now? Comment below.🔁 Share this with another advisor evaluating portfolio risk tools.#Revisor #WeeklyRebalance #BufferedETFs #DefinedOutcome#RIATech #WealthManagement #InvestmentStrategy#FinancialMarkets #MarketAnalysis #TreasuryYields#PortfolioConstruction #AdvisorTools #ETFInvesting#RiskManagement