F/m US Treasury 20 Year Bond ETF (UTWY) belongs to the Government Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with UTWY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to UTWY
UTWY charges 0.15% annually. There are 51 ETFs in the Government Bonds category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Schwab Short-Term U.S. Treasury ETF | 0.03% | 12.67B | Aug 2010 | UTWY vs SCHO | |
| Vanguard Total Treasury ETF | 0.03% | 122.30M | Jul 2025 | UTWY vs VTG | |
| Vanguard Short-Term Treasury ETF | 0.03% | 33.90B | Nov 2009 | UTWY vs VGSH | |
| SPDR Portfolio Short Term Treasury ETF | 0.03% | 6.07B | Nov 2011 | UTWY vs SPTS | |
| BondBloxx Bloomberg Six Month Target Duration US T... | 0.03% | 1.91B | Sep 2022 | UTWY vs XHLF |
Best Risk-Adjusted Alternatives to UTWY
UTWY has a PortfoliosLab risk / return rank of 14. There are 63 ETFs in the Government Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | 100 | 46.75B | May 2007 | UTWY vs BIL | |
| Goldman Sachs Access Treasury 0-1 Year ETF | 100 | 7.68B | Sep 2016 | UTWY vs GBIL | |
| iShares 0-1 Year Treasury Bond ETF | 100 | 20.86B | Jan 2007 | UTWY vs SHV | |
| WisdomTree Floating Rate Treasury Fund | 100 | 17.91B | Feb 2014 | UTWY vs USFR | |
| iShares Treasury Floating Rate Bond ETF | 100 | 6.55B | Feb 2014 | UTWY vs TFLO |
Top Performing UTWY Alternatives (YTD)
UTWY is at -1.60% YTD. There are 72 ETFs in the Government Bonds category with higher YTD returns, going as high as 4.72%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Quadratic Deflation ETF | 4.72% | 67.49M | Sep 2021 | UTWY vs BNDD | |
| Simplify Treasury Option Income ETF | 2.36% | 474.96M | Oct 2022 | UTWY vs BUCK | |
| iShares Global Government Bond USD Hedged Active E... | 2.36% | 2.91B | Jun 2025 | UTWY vs GGOV | |
| WisdomTree Floating Rate Treasury Fund | 2.05% | 17.91B | Feb 2014 | UTWY vs USFR | |
| iShares Treasury Floating Rate Bond ETF | 2.02% | 6.55B | Feb 2014 | UTWY vs TFLO |
Lowest Volatility Alternatives to UTWY
UTWY has 7.86% 1-year volatility. There are 65 ETFs in the Government Bonds category with lower 1-year volatility, going as low as 0.20%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | 0.20% | 46.75B | May 2007 | UTWY vs BIL | |
| iShares 0-1 Year Treasury Bond ETF | 0.21% | 20.86B | Jan 2007 | UTWY vs SHV | |
| Goldman Sachs Access Treasury 0-1 Year ETF | 0.23% | 7.68B | Sep 2016 | UTWY vs GBIL | |
| WisdomTree Floating Rate Treasury Fund | 0.27% | 17.91B | Feb 2014 | UTWY vs USFR | |
| iShares Treasury Floating Rate Bond ETF | 0.29% | 6.55B | Feb 2014 | UTWY vs TFLO |
Lowest Drawdown Alternatives to UTWY
UTWY has a 1-year max drawdown of -6.70%. There are 59 ETFs in the Government Bonds category with shallower 1-year drawdowns, going as shallow as -0.01%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.01% | 46.75B | May 2007 | UTWY vs BIL | |
| iShares Treasury Floating Rate Bond ETF | -0.02% | 6.55B | Feb 2014 | UTWY vs TFLO | |
| WisdomTree Floating Rate Treasury Fund | -0.02% | 17.91B | Feb 2014 | UTWY vs USFR | |
| Goldman Sachs Access Treasury 0-1 Year ETF | -0.02% | 7.68B | Sep 2016 | UTWY vs GBIL | |
| iShares 0-1 Year Treasury Bond ETF | -0.03% | 20.86B | Jan 2007 | UTWY vs SHV |
Other ETFs from F/m Investments
The 8 most viewed F/m Investments ETFs shown here include TBIL, LFSC, ZHOG and span 8 categories. AUM among these funds goes as high as $7B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| F/m US Treasury 3 Month Bill ETF | Ultrashort Bond | 100 | 1.91% | 7.15B | Aug 2022 | UTWY vs TBIL | |
| F/m Emerald Life Sciences Innovation ETF | Health & Biotech Equities | 92 | 23.43% | 74.65M | Oct 2024 | UTWY vs LFSC | |
| F/m Opportunistic Income ETF | Intermediate Core-Plus Bond | 91 | 1.00% | 46.19M | Sep 2023 | UTWY vs ZHOG | |
| F/m Emerald Special Situations ETF | Large Cap Growth Equities | — | 27.30% | 29.00M | Aug 2014 | UTWY vs SPIT | |
| F/m Ultrashort Tax-Free Municipal ETF | Municipal Bonds | — | 1.89% | 33.31M | Sep 2025 | UTWY vs ZMUN | |
| F/m High Yield 100 ETF | High Yield Bonds | 66 | 1.68% | 16.02M | Apr 2025 | UTWY vs ZTOP | |
| F/m Compoundr U.S. Aggregate Bond ETF | Total Bond Market, Intermediate Core Bond | — | -0.55% | 144.85M | Aug 2025 | UTWY vs CPAG | |
| F/m Compoundr High Yield Bond ETF | High Yield Bonds | — | 0.51% | 3.10M | Aug 2025 | UTWY vs CPHY |
Often Compared With UTWY
Investors most often compare UTWY with TLT, SPY, EDV. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare UTWY with Any Fund or Stock
Compare UTWY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair UTWY with funds that move differently
F/m US Treasury 20 Year Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to UTWY.
Explore UTWY Diversifiers