US Treasury 2 Year Note ETF

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Key stats

Assets under management (AUM)
‪357.44 M‬USD
Fund flows (1Y)
‪86.46 M‬USD
Dividend yield (indicated)
4.42%
Discount/Premium to NAV
0.02%

About US Treasury 2 Year Note ETF

Issuer
1251 Capital Group, Inc.
Brand
US Benchmark Series
Expense ratio
0.15%
Inception date
Aug 9, 2022
Index tracked
ICE BofA Current 2 Year US Treasury Index - Benchmark TR Gross
Management style
Passive
ISIN
US74933W4868
UTWO is part of the first single-bond ETFs suite. The targeted holding makes this ETF very different from other ETFs holding a basket of 2-year Treasury notes. This is a tool used in portfolio management. The fund tracks an index that holds just the on-the-run 2-year US Treasury note, which is the most recently issued and most liquid 2-year Treasury note. To qualify for selection, a note must be auctioned on or before the third business day before the last business day of the month. At each monthly rebalancing, the underlying issue is sold and rolled into a newly selected issue, given that there has been a new public sale or auction by the US Government for 2-year Treasury notes. This roll transition occurs on one day, each month. The fund pays transaction costs when it buys and sells securities. These costs are not reflected in the annual fund operating expenses and should be expected. In addition, the fund will experience very high turnover. This may result in higher taxes, as compared to other ETFs, if the shares are held in a taxable account.

Classification

Asset Class
Fixed income
Category
Government, treasury
Focus
Investment grade
Niche
Short-term
Strategy
Vanilla
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
Bonds, Cash & Other
Government
Bonds, Cash & Other100.00%
Government99.66%
Cash0.34%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy