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UTHY

GradeBNASDAQ Global Market

US Treasury 30 Year Bond ETF

Treasury & Government Bond · F/m · Inception 2023-03-28

$37.95−0.64 (−1.65%)

As of Sep 23, 2026, 2:20 PM EDT

History starts Mar 28, 2023.
Intraday session: down, 59 prints from 38.58 to 37.95. Range 37.91 to 38.48. Use the arrow keys to read each point.$38.20$38.4010 AM12 PM2 PM4 PM
Expense ratio
0.15%
Fund size
$203M
1Y return
−3.6%
Yield · Last 12 months
4.89%
Holdings
2
Volume · 30D
0.1M sh
NAV per share
$38.60
52W range
low $38.03high $43.44

The ETF.net UTHY Grade

B

61/ 100

Rank 6 of 11 in Treasuries (20+ Year)

Confidence High

Six-pillar profile for UTHY. Scores out of 100: Cost 42, Risk 57, Mission 100, Tradability 53, Holdings 50, Durability 45. Strongest: Mission (100). Weakest: Cost (42). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 61 of 100 sits in the B 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.
    CScore 42
    Category rank7/11 · mid-pack
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 100
    Category rank3/9 · top 33%
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 57
    Category rank4/11 · top 36%
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 53
    Category rank4/11 · top 36%
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 50
    Category rank8/10 · bottom quartile
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 45
    Category rank7/11 · mid-pack

Graded as of Sep 22, 2026

Our read on UTHY

ETF.net Research

BMost long-Treasury funds blend dozens of bonds into an average. UTHY holds one: the current 30-year, rolling into the next when it's auctioned. Pure exposure to the far end of the curve, with monthly payouts instead of a bond's semiannual coupons.

Stated mandate

The fund seeks to track, before fees and expenses, the price and yield performance of its Bloomberg Treasury benchmark.

Why people hold it

  1. 01Single-security design. It tracks the Bloomberg US Treasury Bellwether 30Y index, meaning the newest 30-year bond, then hands off to the next one at auction. No maturity bucket, no drifting average duration.fminvest.com
  2. 02The underlying bond pays interest twice a year. The fund aims to pay monthly, and handles the rolling into each newly issued 30-year for you.fminvest.com
  3. 03At 0.15%, it sits exactly at the median fee for long-Treasury ETFs, same sticker as TLT, the category's best-known name.
  4. 04Part of F/m's US Benchmark Series, the shelf that first wrapped an individual Treasury in an ETF, with a fund at each benchmark point on the curve.fminvest.combusinesswire.com

Worth knowing

  1. 01One bond, no cushion. You get the full rate sensitivity of a fresh 30-year and nothing else in the portfolio to soften a move in long yields.fminvest.com
  2. 02Cheaper routes to the long end exist: VGLT charges 0.03% and BBLB 0.04%, against 0.15% here.
  3. 03Smaller and less heavily traded than the long-Treasury giants, and it launched in 2023, so the track record is short.

UTHY Holdings

As of Sep 20, 2026, 4:12 AM
Asset class
Bonds
Holdings
2
Top-10 weight
100%
Largest holding
United States Treasury Note/Bond 5.125% 08/15/205699.5%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001United States Treasury Note/Bond 5.125% 08/15/205699.46%0$200M21
002Cash & Other0.54%0$1M674

Showing 1–2 of 2 holdings

UTHY Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

UTHY$9,642
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. UTHY $9,642. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

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.

Trailing total return for UTHY. Periods over one year show the average yearly return.
PeriodUTHY
Year to date−3.5%
1 month+0.1%
3 months−4.0%
1 year−3.6%
3 years+0.1%per year
5 yearsFund is under 5 years oldper year
10 yearsFund is under 10 years oldper year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for UTHY
YearReturn barUTHY
2026 YTD−3.5%
2025+3.4%
2024−8.1%
2023−2.7%

Since listing, Mar 28, 2023

UTHY in the news

ETF.net Research hasn’t filed on UTHY yet — coverage lands here as it’s written.

UTHY Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
4.89%Last 12 months
Payout per share
$1.89Last 12 months
Last payment
$0.16 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2023–2026

One bar per payment. 41 payments from 2023 to 2026 YTD. May 1, 2023 $0.15; Jun 1, 2023 $0.14; Jul 3, 2023 $0.14; Aug 1, 2023 $0.14; Sep 1, 2023 $0.14; Oct 2, 2023 $0.14; Nov 1, 2023 $0.13; Dec 1, 2023 $0.16; Dec 27, 2023 $0.18; Feb 1, 2024 $0.18; Mar 1, 2024 $0.16; Apr 1, 2024 $0.15; May 1, 2024 $0.14; Jun 3, 2024 $0.15; Jul 1, 2024 $0.16; Aug 1, 2024 $0.17; Sep 3, 2024 $0.16; Oct 1, 2024 $0.16; Nov 1, 2024 $0.15; Dec 2, 2024 $0.16; Dec 30, 2024 $0.15; Feb 3, 2025 $0.15; Mar 3, 2025 $0.16; Apr 1, 2025 $0.16; May 1, 2025 $0.16; Jun 2, 2025 $0.15; Jul 1, 2025 $0.16; Aug 1, 2025 $0.15; Sep 2, 2025 $0.16; Oct 1, 2025 $0.14; Nov 3, 2025 $0.15; Dec 2, 2025 $0.16; Dec 30, 2025 $0.16; Jan 29, 2026 $0.16; Feb 26, 2026 $0.16; Mar 30, 2026 $0.16; Apr 28, 2026 $0.16; May 28, 2026 $0.16; Jun 29, 2026 $0.17; Jul 28, 2026 $0.16; Aug 27, 2026 $0.16. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Aug 27, 2026Aug 28, 2026$0.16
Jul 28, 2026Jul 29, 2026$0.16
Jun 29, 2026Jun 30, 2026$0.17
May 28, 2026May 29, 2026$0.16
Apr 28, 2026Apr 29, 2026$0.16
Mar 30, 2026Mar 31, 2026$0.16
Feb 26, 2026Feb 27, 2026$0.16
Jan 29, 2026Jan 30, 2026$0.16
Dec 30, 2025Dec 31, 2025$0.16
Dec 2, 2025Dec 3, 2025$0.16
Nov 3, 2025Nov 4, 2025$0.15
Oct 1, 2025Oct 2, 2025$0.14

UTHY Risk

How much the fund’s monthly returns vary, scaled to a year.
13.6%
Annualised · 36 months to Aug 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
−0.38
vs 3-month T-bills · to Aug 2026
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.

The largest fall from a peak to the low that followed.
−21.8%
41 months · trough Oct 2023
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.

How strongly the fund’s returns move with its asset-class index.
2.36
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

UTHY Cost

Expense ratio0.15%
  • The middle half of Treasuries (20+ Year) funds
  • Median 0.15%

4 of the 11 Treasuries (20+ Year) funds charge less.

UTHY costs $15.00 a year on $10,000. The median Treasuries (20+ Year) fund costs $15.00.