UTEN vs VGIT: Grades, Fees and Holdings Compared

US Treasury 10 Year Note ETF

UTENBNasdaq

Vanguard Intermediate-Term Treasury ETF

VGITANasdaq

Overlap

No data

Expense ratio

VGIT −0.12pt a year

UTEN0.15%VGIT0.03%

Avg volume · 30D

VGIT 45.5×the volume

UTEN106KVGIT4.84M

3Y return · a year

VGIT +0.3pt

UTEN+4.2%VGIT+4.5%

UTEN vs VGIT Performance

Oct 31, 2025 – Oct 30, 2026

−2.0%UTEN−0.2%VGIT

Expense ratio: UTEN 0.15%; VGIT 0.03%, better
Fund size: UTEN $265M; VGIT $47.8B
1Y total return: UTEN −2.0%; VGIT −0.2%, better
Yield (12M): UTEN 4.59%, better; VGIT 3.97%
Holdings: UTEN 2; VGIT 105
Avg volume (30D): UTEN 106K sh; VGIT 4.84M sh, better
NAV per share: UTEN $41.67; VGIT $57.72
52W range

ETF.net Grade

Pillar letters and Scores for UTEN, VGIT, with each pillar’s weight
Pillar	UTEN	VGIT
Cost30% weight	D28	A92Higher
Mission25% weight	A96	A100Higher
Risk15% weight	D34	B61Higher
Tradability15% weight	B63	B66Higher
Holdings10% weight	C52	A87Higher
Durability5% weight	B63	A95Higher

Rank among Treasuries (3-10 Year) funds

How we build Categories ›

Same Category. UTEN and VGIT are both graded against the same 19 Treasuries (3-10 Year) funds, so their Grades compare head to head.

Treasuries (3-10 Year)⁠

Category · 19 funds

See all 19 ›

VGIT ranks 1st and UTEN 11th of 19 funds in the Treasuries (3-10 Year) Category.

Rank 1ASPTIState Street SPDR Portfolio Intermediate Term Treasury ETFScore 84
Rank 1AVGITVanguard Intermediate-Term Treasury ETFScore 84
Rank 3ASCHRSchwab Intermediate-Term U.S. Treasury ETFScore 82
Rank 11BUFIVUS Treasury 5 Year Note ETFScore 55
Rank 11BUTENUS Treasury 10 Year Note ETFScore 55
Rank 13CUTREUS Treasury 3 Year Note ETFScore 54

Our read on each fund

ETF.net Research

UTENBUS Treasury 10 Year Note ETF

VGITAVanguard Intermediate-Term Treasury ETF

In short

UTEN Most Treasury funds hand you a basket spanning 3 to 10 years. UTEN tracks an index built on one bond, the current 10-year note, refreshed as new ones come to auction, with income paid out monthly.

VGIT The middle of the Treasury curve, priced like an afterthought. VGIT holds government bonds maturing in 3 to 10 years for 0.03% a year, a quarter of what the typical Treasury fund in its peer group charges.

Stated mandate

UTEN The fund seeks, before fees and expenses, to generally match the price and yield performance of the ICE BofA Current 10-Year US Treasury Index (GA10). It normally invests at least 80% of net assets in securities comprising that index.

VGIT Seeks to track a market-weighted Treasury bond index while maintaining an intermediate-term dollar-weighted average maturity.

Why people hold it

UTEN One bond, one point on the curve. The index holds the current 10-year Treasury note, so your rate exposure stays pinned there instead of drifting around a 3-to-10-year blend.
Treasury notes pay a coupon twice a year. This wrapper passes income through monthly, which suits anyone running a cash-flow calendar.
0.15% a year sits right at the median for intermediate Treasury funds, and the fund has stayed very close to its one-bond benchmark.

VGIT Charges 0.03% a year against a 0.12% median for Treasury funds in its peer group. In bonds, where the coupon does the work, that fee gap is most of the argument.
Plain index work: it follows the Bloomberg U.S. Treasury 3-10 Year Bond Index with very little slippage, one of the tighter implementations in its Treasury peer group.vanguard.com
Running since 2009 and now a multi-billion-dollar fund that trades actively, so spreads stay tight. Interest lands monthly.
The portfolio is U.S. government paper only, a few dozen issues. No corporate borrowers to underwrite, no credit research required.vanguard.com

Worth knowing

UTEN Precision has a price. SPTI and SCHR charge 0.03% for broad 3-to-10-year Treasury exposure, roughly a fifth of what this one costs.
Full 10-year duration, undiluted. Sitting at the long end of this group means bigger price moves when yields shift than shorter-dated Treasury funds see.
It trades lighter than the household-name Treasury ETFs, so bid-ask spreads can run wider than the volume leaders'.

VGIT Intermediate maturities cut both ways. A 3 to 10 year book reprices more when yields move than a bill fund does, so the ride is bumpier than cash-like Treasury products.
Treasuries only means no corporate credit premium in the yield. Income comes strictly from government coupons, and the monthly payout drifts with rates.

Full UTEN profile⁠

Full VGIT profile⁠

UTEN vs VGIT Holdings

How UTEN and VGIT differ

No overlap figure

Two bond funds rarely hold the same issues.

Level by level

Asset classFixed Income100%
Countryby domicile100%

Sector

No Sector split for UTEN.

Country, concentration and asset class

Country by domicile

Country weights in UTEN and VGIT, widest gap first
Country	More in UTENMore in VGIT	UTEN	VGIT
United States	Same weight	100.0%	100.0%

Concentration

Weight in the 10 largest Holdings

UTEN100.0%
VGIT18.4%

Securities held

UTEN1
VGIT102

Asset class

UTEN: Fixed Income
VGIT: Fixed Income

Holdings

Two bond funds rarely hold the same issues, so this page lists no shared Holdings. UTEN holds 1 securities, VGIT 102.

All 2 UTEN holdings⁠All 76 VGIT holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

UTEN vs VGIT Cost

Overpaying UTEN vs VGIT

$2,499

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

UTEN 0.15%
$3,137
VGIT 0.03%
$638

Amount$10,000

Years30 years

Cost over time

UTEN 0.15%
VGIT 0.03%
Overpaying

Year by year

Year	UTEN	VGIT	Overpaying
10	$274	$55	$219
20	$1,071	$216	$855
30	$3,137	$638	$2,499

Expense ratio

0.15%UTEN
0.03%VGIT, cheaper

VGIT0.03%UTEN0.15%

0.03%0.39%

Middle half of Treasuries (3-10 Year) funds
Median 0.12%

VGIT cheapest of 19 funds

UTEN 11th cheapest of 19 funds

UTEN vs VGIT Dividends

Last 12 months to Oct 30, 2026

Yield (12M): UTEN 4.59%, better; VGIT 3.97%
Payout (12M): UTEN $1.91; VGIT $2.29
Last payment: UTEN $0.16; VGIT $0.19
Ex-dividend: UTEN Oct 27, 2026; VGIT Oct 1, 2026
Paid on: UTEN Oct 28, 2026; VGIT Oct 5, 2026
Frequency: UTEN Monthly; VGIT Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

UTENMonthly · 46 paymentsAll UTEN payments⁠

VGITMonthly · 45 paymentsAll VGIT payments⁠

UTEN vs VGIT Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: UTEN 7.2%VGIT 4.7%, better
Return per unit of riskSharpe ratio, 3 years: UTEN −0.02VGIT 0.02, better
Worst fallMax drawdown, 5 years: UTEN −13.4%since Aug 2022VGIT −13.8%
Market sensitivityBeta, 5 years: UTEN 1.26VGIT 0.78; Market = 1

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