UTHY vs. VOO
UTHY (US Treasury 30 Year Bond ETF) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - UTHY is a Government Bonds fund tracking the ICE BofA Current 30-Year US Treasury Index - Benchmark TR Gross, while VOO is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 3 years, UTHY returned -2.15%/yr vs 19.42%/yr for VOO. Their 0.15 correlation means their historical movements had little consistent relationship. UTHY charges 0.15%/yr vs 0.03%/yr for VOO.
Performance
UTHY vs. VOO - Performance Comparison
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Returns By Period
In the year-to-date period, UTHY achieves a -3.52% return, which is significantly lower than VOO's 10.16% return.
UTHY
- 1D
- -0.59%
- 1M
- -3.91%
- 6M
- -3.34%
- YTD
- -3.52%
- 1Y
- -2.36%
- 3Y*
- -2.15%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -3.35%
VOO
- 1D
- 0.71%
- 1M
- 0.26%
- 6M
- 8.58%
- YTD
- 10.16%
- 1Y
- 21.58%
- 3Y*
- 19.42%
- 5Y*
- 12.83%
- 10Y*
- 15.14%
- ALL TIME*
- 14.78%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $6.52M | $5.25M | $5.75M | |
| $3.82B | $3.78B | $5.44B |
UTHY vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
UTHY US Treasury 30 Year Bond ETF | -3.52% | 3.47% | -8.07% | -2.77% |
VOO Vanguard S&P 500 ETF | 10.16% | 17.82% | 24.98% | 21.38% |
Correlation
The correlation between UTHY and VOO is 0.21, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.21 |
Correlation (3Y) Balances recent behavior with more history. | 0.16 |
Correlation (All Time) Calculated using the full available price history since Mar 28, 2023 | 0.16 |
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Return for Risk
UTHY vs. VOO — Risk / Return Rank
UTHY
VOO
UTHY vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for US Treasury 30 Year Bond ETF (UTHY) and Vanguard S&P 500 ETF (VOO). 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.
| UTHY | VOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.65 | ||
| Sortino ratioReturn per unit of downside risk | -2.24 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.28 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | -0.14 | 2.21 | -2.35 |
| Martin ratioReturn relative to average drawdown | -0.31 | 9.44 | -9.75 |
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Drawdowns
UTHY vs. VOO - Drawdown Comparison
The maximum UTHY drawdown since its inception was -21.86%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for UTHY and VOO.
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Drawdown Indicators
| UTHY | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.86% | -33.99% | +12.13% |
Max Drawdown (1Y)Largest decline over 1 year | -7.41% | -8.90% | +1.49% |
Max Drawdown (3Y)Largest decline over 3 years | -14.90% | -18.69% | +3.79% |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.52% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.99% | — |
Current DrawdownCurrent decline from peak | -14.25% | -1.38% | -12.87% |
Average DrawdownAverage peak-to-trough decline | -10.75% | -3.67% | -7.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.40% | 2.08% | +1.32% |
Volatility
UTHY vs. VOO - Volatility Comparison
The current volatility for US Treasury 30 Year Bond ETF (UTHY) is 2.33%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.54%. This indicates that UTHY experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UTHY | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.33% | 3.54% | -1.21% |
Volatility (6M)Calculated over the trailing 6-month period | 6.60% | 10.10% | -3.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.98% | 12.82% | -3.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.46% | 16.93% | -3.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.46% | 18.01% | -4.55% |
UTHY vs. VOO - Expense Ratio Comparison
UTHY has a 0.15% expense ratio, which is higher than VOO'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
UTHY vs. VOO - Dividend Comparison
UTHY's dividend yield for the trailing twelve months is around 5.26%, more than VOO's 1.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UTHY US Treasury 30 Year Bond ETF | 4.86% | 4.53% | 4.58% | 2.81% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.07% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Frequently Asked Questions
UTHY and VOO have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VOO has higher volatility (3.54%) compared to UTHY (2.33%). In terms of maximum drawdown, UTHY dropped -21.86% vs VOO's -33.99%.
On 3-year performance, VOO leads with 19.42% vs -2.15% for UTHY. On fees, VOO is cheaper at 0.03% per year. On volatility, UTHY has been the lower-risk option at 2.33%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, VOO has performed better with a 19.42% return vs -2.15%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VOO is cheaper with a 0.03% expense ratio, compared with 0.15% for UTHY.
UTHY has the higher dividend yield at 4.86%, compared with 1.07% for VOO.
UTHY is categorized as Government Bonds, while VOO is S&P 500. UTHY tracks ICE BofA Current 30-Year US Treasury Index - Benchmark TR Gross, while VOO tracks S&P 500 Index. They also come from different issuers: US Benchmark Series and Vanguard. Their fees differ too: 0.15% for UTHY and 0.03% for VOO.
VOO currently has the higher Sharpe Ratio (1.53 vs -0.12), 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.
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