UFIV vs. VTG

Last updated Jul 14, 2026

UFIV (F/m US Treasury 5 Year Note ETF) and VTG (Vanguard Total Treasury ETF) are both Government Bonds funds - UFIV tracks the ICE BofA Current 5-Year US Treasury Index - Benchmark TR Gross while VTG tracks the Bloomberg U.S. Treasury Total Return Unhedged USD Index. Both are passively managed. Over the past year, UFIV returned 1.97% vs 2.81% for VTG. Their correlation of 0.95 suggests significant overlap in exposure. UFIV charges 0.15%/yr vs 0.03%/yr for VTG.

Performance

UFIV vs. VTG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in F/m US Treasury 5 Year Note ETF (UFIV) and Vanguard Total Treasury ETF (VTG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UFIV achieves a -0.86% return, which is significantly lower than VTG's -0.43% return.

UFIV

• 1D: -0.27%
• 1M: -0.41%
• 6M: -0.82%
• YTD: -0.86%
• 1Y: 1.97%
• 3Y*: 3.18%
• 5Y*: —
• 10Y*: —

VTG

• 1D: -0.28%
• 1M: -0.53%
• 6M: -0.49%
• YTD: -0.43%
• 1Y: 2.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

UFIV vs. VTG - Yearly Performance Comparison

	2026 (YTD)	2025
UFIV F/m US Treasury 5 Year Note ETF	-0.86%	2.93%
VTG Vanguard Total Treasury ETF	-0.43%	3.07%

Correlation

The correlation between UFIV and VTG is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (All Time) Calculated using the full available price history since Jul 9, 2025	0.95

The correlation between UFIV and VTG has been stable across timeframes, ranging from 0.95 to 0.95 - a consistent structural relationship.

Return for Risk

UFIV vs. VTG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

UFIV

UFIV Risk / Return Rank: 20
UFIV Sharpe Ratio Rank: 22
UFIV Sortino Ratio Rank: 20
UFIV Omega Ratio Rank: 19
UFIV Calmar Ratio Rank: 21
UFIV Martin Ratio Rank: 20

VTG

VTG Risk / Return Rank: 26
VTG Sharpe Ratio Rank: 28
VTG Sortino Ratio Rank: 26
VTG Omega Ratio Rank: 24
VTG Calmar Ratio Rank: 25
VTG Martin Ratio Rank: 24

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

UFIV vs. VTG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for F/m US Treasury 5 Year Note ETF (UFIV) and Vanguard Total Treasury ETF (VTG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	UFIV	VTG	Difference
Sharpe ratio: Return per unit of total volatility	0.62	0.80	-0.18
Sortino ratio: Return per unit of downside risk	0.93	1.20	-0.28
Omega ratio: Gain probability vs. loss probability	1.11	1.14	-0.03
Calmar ratio: Return relative to maximum drawdown	0.73	0.98	-0.25
Martin ratio: Return relative to average drawdown	1.81	2.56	-0.75

UFIV vs. VTG - Sharpe Ratio Comparison

The current UFIV Sharpe Ratio is 0.62, which is comparable to the VTG Sharpe Ratio of 0.80. The chart below compares the historical Sharpe Ratios of UFIV and VTG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

UFIV vs. VTG - Drawdown Comparison

The maximum UFIV drawdown since its inception was -5.63%, which is greater than VTG's maximum drawdown of -2.89%. Use the drawdown chart below to compare losses from any high point for UFIV and VTG.

Drawdown Indicators

	UFIV	VTG	Difference
Max Drawdown Largest peak-to-trough decline	-5.63%	-2.89%	-2.74%
Max Drawdown (1Y) Largest decline over 1 year	-2.71%	-2.89%	+0.18%
Max Drawdown (3Y) Largest decline over 3 years	-4.03%	—	—
Current Drawdown Current decline from peak	-2.33%	-2.21%	-0.12%
Average Drawdown Average peak-to-trough decline	-1.57%	-0.83%	-0.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.09%	1.10%	-0.01%

Volatility

UFIV vs. VTG - Volatility Comparison

F/m US Treasury 5 Year Note ETF (UFIV) and Vanguard Total Treasury ETF (VTG) have volatilities of 1.10% and 1.13%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UFIV	VTG	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.10%	1.13%	-0.03%
Volatility (6M) Calculated over the trailing 6-month period	2.42%	2.64%	-0.22%
Volatility (1Y) Calculated over the trailing 1-year period	3.20%	3.53%	-0.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.35%	3.53%	+0.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.35%	3.53%	+0.82%

UFIV vs. VTG - Expense Ratio Comparison

UFIV has a 0.15% expense ratio, which is higher than VTG's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

UFIV vs. VTG - Dividend Comparison

UFIV's dividend yield for the trailing twelve months is around 3.59%, more than VTG's 3.55% yield.

Position	TTM	2025	2024	2023
UFIV F/m US Treasury 5 Year Note ETF	3.59%	3.66%	4.00%	2.96%
VTG Vanguard Total Treasury ETF	3.55%	1.65%	0.00%	0.00%

Frequently Asked Questions

Can I hold both UFIV and VTG in my portfolio?

With a correlation of 0.95, UFIV and VTG move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, UFIV or VTG?

VTG has higher volatility (1.13%) compared to UFIV (1.10%). In terms of maximum drawdown, UFIV dropped -5.63% vs VTG's -2.89%.

Which ETF is better, UFIV or VTG?

On 1-year performance, VTG leads with 2.81% vs 1.97% for UFIV. On fees, VTG is cheaper at 0.03% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, UFIV or VTG?

Over the 1-year period, VTG has performed better with a 2.81% return vs 1.97%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, UFIV or VTG?

VTG is cheaper with a 0.03% expense ratio, compared with 0.15% for UFIV.

Which ETF pays a higher dividend yield, UFIV or VTG?

UFIV has the higher dividend yield at 3.59%, compared with 3.55% for VTG.

What is the main difference between UFIV and VTG?

UFIV tracks ICE BofA Current 5-Year US Treasury Index - Benchmark TR Gross, while VTG tracks Bloomberg U.S. Treasury Total Return Unhedged USD Index. They also come from different issuers: US Benchmark Series and Vanguard. Their fees differ too: 0.15% for UFIV and 0.03% for VTG.

Which has better risk-adjusted returns?

VTG currently has the higher Sharpe Ratio (0.80 vs 0.62), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.