If you prefer to avoid the hassle of a bond ladder strategy, consider one of the following floating rate ETFs which would help prevent you from getting locked into low-yielding securities:the SPDR Barclays Capital Investment Grade Floating Rate ETF (NYSEArca:FLRN), the iShares Floating Rate Note Index Fund (NYSEArca:FLOT) and the Market Vectors Investment Grade Floating Rate ETF (NYSEArca:FLTR). Either growth or inflation will pick up and the Federal Reserve will be forced to reverse course and raise the discount rate. In addition, the strategy increases the probability of realizing price appreciation on a retracement as interest rates advance.