US Treasury 7 Year Note ETF
$45.72−0.45 (−0.98%)
- Expense ratio
- 0.15%
- Fund size
- $7M
- 1Y return
- −1.6%
- Yield · Last 12 months
- 3.93%
- Holdings
- 2
- Volume · 30D
- 0M sh
- NAV per share
- $46.16
- 52W range
The ETF.net USVN Grade
Score 49 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.DScore 28Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 45Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.FScore 17Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 49Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 39Category rank
Our read on USVN
CMost Treasury funds hand you a whole maturity range. USVN aims at a single point on the curve, tracking the ICE BofA Current 7-Year US Treasury Index and paying out monthly.
The fund seeks performance generally corresponding to the price and yield performance of the ICE BofA Current 7-Year US Treasury Index, before fees and expenses.
Why people hold it
- A scalpel, not a blanket. The mandate is one maturity, the 7-year Treasury note, so your interest-rate exposure is a known quantity instead of a blended average.
- What it says is what it holds: US Treasuries only, in a plain 1940 Act fund, with no credit or currency exposure bolted on. Portfolio and prospectus line up closely.
- Monthly distribution cadence, and you get a specific Treasury maturity in one ticker rather than working an odd lot through a bond desk.
Worth knowing
- At 0.15%, it sits at the category median but well above broad intermediate Treasury options like SPTI and SCHR at 0.03%. Precision costs something.
- A small, thinly traded fund. Spreads can be wider than the household names in the group, so limit orders do real work here.
- One maturity means no cushion from the rest of the curve, and the fund has only been trading since 2023.
USVN Holdings
- Bonds
- 2
- 100%
- United States Treasury Note/Bond 4.5% 08/31/2033
USVN Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | USVN |
|---|---|
| Year to date | −2.5% |
| 1 month | −1.5% |
| 3 months | −1.8% |
| 1 year | −1.6% |
| 3 years | +3.3% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | USVN |
|---|---|---|
| 2026 YTD | −2.5% | |
| 2025 | +7.7% | |
| 2024 | +0.0% | |
| 2023 | +0.7% |
USVN in the news
ETF.net Research hasn’t filed on USVN yet — coverage lands here as it’s written.
USVN Dividends
- 3.93%
- $1.82
- $0.16 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 27, 2026 | Aug 28, 2026 | $0.16 |
| Jul 28, 2026 | Jul 29, 2026 | $0.16 |
| Jun 29, 2026 | Jun 30, 2026 | $0.16 |
| May 28, 2026 | May 29, 2026 | $0.15 |
| Apr 28, 2026 | Apr 29, 2026 | $0.14 |
| Mar 30, 2026 | Mar 31, 2026 | $0.15 |
| Feb 26, 2026 | Feb 27, 2026 | $0.16 |
| Jan 29, 2026 | Jan 30, 2026 | $0.15 |
| Dec 30, 2025 | Dec 31, 2025 | $0.15 |
| Dec 2, 2025 | Dec 3, 2025 | $0.15 |
| Nov 3, 2025 | Nov 4, 2025 | $0.14 |
| Oct 1, 2025 | Oct 2, 2025 | $0.15 |
USVN Risk
- 5.6%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.23
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −8.2%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.97
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
USVN Cost
- The middle half of Treasuries (3-10 Year) funds
- Median 0.14%
9 of the 18 Treasuries (3-10 Year) funds charge less.