USVN vs. THTA

Last updated Apr 1, 2026

Compare and contrast key facts about US Treasury 7 Year Note ETF (USVN) and SoFi Enhanced Yield ETF (THTA).

USVN and THTA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. USVN is a passively managed fund by US Benchmark Series that tracks the performance of the ICE BofA Current 7-Year US Treasury Index - Benchmark TR Gross. It was launched on Mar 27, 2023. THTA is an actively managed fund by SoFi. It was launched on Nov 14, 2023.

Performance

USVN vs. THTA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in US Treasury 7 Year Note ETF (USVN) and SoFi Enhanced Yield ETF (THTA). The values are adjusted to include any dividend payments, if applicable.

USVN vs. THTA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
USVN US Treasury 7 Year Note ETF	-0.10%	7.66%	0.03%	4.59%
THTA SoFi Enhanced Yield ETF	4.09%	-10.24%	7.31%	1.04%

Returns By Period

In the year-to-date period, USVN achieves a -0.10% return, which is significantly lower than THTA's 4.09% return.

USVN

• 1D: 0.27%
• 1M: -2.08%
• YTD: -0.10%
• 6M: 0.87%
• 1Y: 3.90%
• 3Y*: 2.59%
• 5Y*: —
• 10Y*: —

THTA

• 1D: 0.46%
• 1M: 1.30%
• YTD: 4.09%
• 6M: 7.88%
• 1Y: -7.66%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

USVN vs. THTA - Expense Ratio Comparison

USVN has a 0.15% expense ratio, which is lower than THTA's 0.49% expense ratio.

THTA

SoFi Enhanced Yield ETF

USVN

US Treasury 7 Year Note ETF

Return for Risk

USVN vs. THTA — Risk / Return Rank

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

USVN

USVN Risk / Return Rank: 43
USVN Sharpe Ratio Rank: 43
USVN Sortino Ratio Rank: 43
USVN Omega Ratio Rank: 34
USVN Calmar Ratio Rank: 54
USVN Martin Ratio Rank: 41

THTA

THTA Risk / Return Rank: 7
THTA Sharpe Ratio Rank: 7
THTA Sortino Ratio Rank: 8
THTA Omega Ratio Rank: 5
THTA Calmar Ratio Rank: 8
THTA Martin Ratio Rank: 9

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.

USVN vs. THTA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for US Treasury 7 Year Note ETF (USVN) and SoFi Enhanced Yield ETF (THTA). 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.

	USVN	THTA	Difference
Sharpe ratio Return per unit of total volatility	0.82	-0.26	+1.08
Sortino ratio Return per unit of downside risk	1.22	-0.11	+1.33
Omega ratio Gain probability vs. loss probability	1.14	0.95	+0.19
Calmar ratio Return relative to maximum drawdown	1.41	-0.23	+1.64
Martin ratio Return relative to average drawdown	3.92	-0.45	+4.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

USVN vs. THTA - Sharpe Ratio Comparison

The current USVN Sharpe Ratio is 0.82, which is higher than the THTA Sharpe Ratio of -0.26. The chart below compares the historical Sharpe Ratios of USVN and THTA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	USVN	THTA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.82	-0.26	+1.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.03	+0.43

Correlation

The correlation between USVN and THTA is 0.02, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

USVN vs. THTA - Dividend Comparison

USVN's dividend yield for the trailing twelve months is around 4.08%, less than THTA's 11.63% yield.

	TTM	2025	2024	2023
USVN US Treasury 7 Year Note ETF	4.08%	3.81%	4.07%	2.91%
THTA SoFi Enhanced Yield ETF	11.63%	12.66%	12.44%	0.58%

Drawdowns

USVN vs. THTA - Drawdown Comparison

The maximum USVN drawdown since its inception was -8.27%, smaller than the maximum THTA drawdown of -31.41%. Use the drawdown chart below to compare losses from any high point for USVN and THTA.

Drawdown Indicators

	USVN	THTA	Difference
Max Drawdown Largest peak-to-trough decline	-8.27%	-31.41%	+23.14%
Max Drawdown (1Y) Largest decline over 1 year	-2.98%	-30.83%	+27.85%
Current Drawdown Current decline from peak	-2.08%	-9.20%	+7.12%
Average Drawdown Average peak-to-trough decline	-2.35%	-7.51%	+5.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.07%	15.67%	-14.60%

Volatility

USVN vs. THTA - Volatility Comparison

US Treasury 7 Year Note ETF (USVN) and SoFi Enhanced Yield ETF (THTA) have volatilities of 1.69% and 1.69%, 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

	USVN	THTA	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.69%	1.69%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	2.89%	5.39%	-2.50%
Volatility (1Y) Calculated over the trailing 1-year period	4.80%	29.10%	-24.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.87%	20.97%	-15.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.87%	20.97%	-15.10%