slightly tongue in cheek here, and i cant do this with an entirety of a portfolio, but here goes:
We have a “savings” account where we have been laddering CDs for the last few years since our bank yield has been terrible. However, recently CD yields are shrinking, and I was looking for other means of “safe” yields.
I took a piece of said savings account and invested in arbitrage opportunities. I threw money into $MRUS (average annualized yield about 12.8%) and then $EXAS (average annualized yield about 17.5%) …. I dont think there are enough arbitrage opportunities to warrant this as a full portfolio, but I think for a hedge as a small slice, its definitely intriguing if you can find reasonable players.
FWIW- would love to find a decent website, reddit thread or TMF thread to start hunting these down more accurately.