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UTEN vs. ^GSPC
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

UTEN vs. ^GSPC

Last updated May 21, 2025

Compare and contrast key facts about US Treasury 10 Year Note ETF (UTEN) and S&P 500 (^GSPC).

UTEN is a passively managed fund by US Benchmark Series that tracks the performance of the ICE BofA Current 10 Year US Treasury Index - Benchmark TR Gross. It was launched on Aug 8, 2022.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UTEN or ^GSPC.

Correlation

The correlation between UTEN and ^GSPC is 0.13, 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.

Performance

UTEN vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in US Treasury 10 Year Note ETF (UTEN) and S&P 500 (^GSPC). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

UTEN:

0.52

^GSPC:

0.61

Sortino Ratio

UTEN:

0.69

^GSPC:

1.00

Omega Ratio

UTEN:

1.08

^GSPC:

1.15

Calmar Ratio

UTEN:

0.37

^GSPC:

0.64

Martin Ratio

UTEN:

0.88

^GSPC:

2.45

Ulcer Index

UTEN:

3.66%

^GSPC:

4.96%

Daily Std Dev

UTEN:

7.25%

^GSPC:

19.62%

Max Drawdown

UTEN:

-13.36%

^GSPC:

-56.78%

Current Drawdown

UTEN:

-4.26%

^GSPC:

-3.32%

Returns By Period

In the year-to-date period, UTEN achieves a 2.35% return, which is significantly higher than ^GSPC's 1.00% return.

UTEN

YTD

2.35%

1M

-0.79%

6M

1.45%

1Y

3.76%

3Y*

N/A

5Y*

N/A

10Y*

N/A

^GSPC

YTD

1.00%

1M

12.45%

6M

0.40%

1Y

11.91%

3Y*

15.05%

5Y*

15.04%

10Y*

10.82%

*Annualized

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US Treasury 10 Year Note ETF

S&P 500

Risk-Adjusted Performance

UTEN vs. ^GSPC — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
UTEN
The Risk-Adjusted Performance Rank of UTEN is 4040
Overall Rank
The Sharpe Ratio Rank of UTEN is 5050
Sharpe Ratio Rank
The Sortino Ratio Rank of UTEN is 4040
Sortino Ratio Rank
The Omega Ratio Rank of UTEN is 3434
Omega Ratio Rank
The Calmar Ratio Rank of UTEN is 4545
Calmar Ratio Rank
The Martin Ratio Rank of UTEN is 3232
Martin Ratio Rank
^GSPC
The Risk-Adjusted Performance Rank of ^GSPC is 6565
Overall Rank
The Sharpe Ratio Rank of ^GSPC is 6464
Sharpe Ratio Rank
The Sortino Ratio Rank of ^GSPC is 6060
Sortino Ratio Rank
The Omega Ratio Rank of ^GSPC is 6666
Omega Ratio Rank
The Calmar Ratio Rank of ^GSPC is 6464
Calmar Ratio Rank
The Martin Ratio Rank of ^GSPC is 7373
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

UTEN vs. ^GSPC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for US Treasury 10 Year Note ETF (UTEN) and S&P 500 (^GSPC). 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.

The current UTEN Sharpe Ratio is 0.52, which is comparable to the ^GSPC Sharpe Ratio of 0.61. The chart below compares the historical Sharpe Ratios of UTEN and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Drawdowns

UTEN vs. ^GSPC - Drawdown Comparison

The maximum UTEN drawdown since its inception was -13.36%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for UTEN and ^GSPC. For additional features, visit the drawdowns tool.

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Volatility

UTEN vs. ^GSPC - Volatility Comparison

The current volatility for US Treasury 10 Year Note ETF (UTEN) is 1.97%, while S&P 500 (^GSPC) has a volatility of 4.58%. This indicates that UTEN experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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