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UTWO vs. MUST
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between UTWO and MUST is 0.04, 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

UTWO vs. MUST - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in US Treasury 2 Year Note ETF (UTWO) and Columbia Multi-Sector Municipal Income ETF (MUST). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

UTWO:

2.98

MUST:

0.14

Sortino Ratio

UTWO:

4.77

MUST:

0.25

Omega Ratio

UTWO:

1.62

MUST:

1.03

Calmar Ratio

UTWO:

4.80

MUST:

0.16

Martin Ratio

UTWO:

12.85

MUST:

0.63

Ulcer Index

UTWO:

0.40%

MUST:

1.66%

Daily Std Dev

UTWO:

1.75%

MUST:

6.84%

Max Drawdown

UTWO:

-2.04%

MUST:

-13.83%

Current Drawdown

UTWO:

-0.67%

MUST:

-3.40%

Returns By Period

In the year-to-date period, UTWO achieves a 1.69% return, which is significantly higher than MUST's 0.01% return.


UTWO

YTD

1.69%

1M

0.16%

6M

2.33%

1Y

5.18%

5Y*

N/A

10Y*

N/A

MUST

YTD

0.01%

1M

2.67%

6M

-0.73%

1Y

0.94%

5Y*

1.44%

10Y*

N/A

*Annualized

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UTWO vs. MUST - Expense Ratio Comparison

UTWO has a 0.15% expense ratio, which is lower than MUST's 0.23% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Risk-Adjusted Performance

UTWO vs. MUST — Risk-Adjusted Performance Rank

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

UTWO
The Risk-Adjusted Performance Rank of UTWO is 9797
Overall Rank
The Sharpe Ratio Rank of UTWO is 9898
Sharpe Ratio Rank
The Sortino Ratio Rank of UTWO is 9898
Sortino Ratio Rank
The Omega Ratio Rank of UTWO is 9797
Omega Ratio Rank
The Calmar Ratio Rank of UTWO is 9797
Calmar Ratio Rank
The Martin Ratio Rank of UTWO is 9595
Martin Ratio Rank

MUST
The Risk-Adjusted Performance Rank of MUST is 2222
Overall Rank
The Sharpe Ratio Rank of MUST is 2222
Sharpe Ratio Rank
The Sortino Ratio Rank of MUST is 1818
Sortino Ratio Rank
The Omega Ratio Rank of MUST is 1818
Omega Ratio Rank
The Calmar Ratio Rank of MUST is 2525
Calmar Ratio Rank
The Martin Ratio Rank of MUST is 2525
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.

UTWO vs. MUST - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for US Treasury 2 Year Note ETF (UTWO) and Columbia Multi-Sector Municipal Income ETF (MUST). 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 UTWO Sharpe Ratio is 2.98, which is higher than the MUST Sharpe Ratio of 0.14. The chart below compares the historical Sharpe Ratios of UTWO and MUST, 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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Dividends

UTWO vs. MUST - Dividend Comparison

UTWO's dividend yield for the trailing twelve months is around 4.10%, more than MUST's 3.25% yield.


TTM2024202320222021202020192018
UTWO
US Treasury 2 Year Note ETF
4.10%4.22%4.39%1.22%0.00%0.00%0.00%0.00%
MUST
Columbia Multi-Sector Municipal Income ETF
3.25%3.13%2.50%1.76%1.62%2.33%2.47%0.55%

Drawdowns

UTWO vs. MUST - Drawdown Comparison

The maximum UTWO drawdown since its inception was -2.04%, smaller than the maximum MUST drawdown of -13.83%. Use the drawdown chart below to compare losses from any high point for UTWO and MUST. For additional features, visit the drawdowns tool.


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Volatility

UTWO vs. MUST - Volatility Comparison

The current volatility for US Treasury 2 Year Note ETF (UTWO) is 0.64%, while Columbia Multi-Sector Municipal Income ETF (MUST) has a volatility of 2.45%. This indicates that UTWO experiences smaller price fluctuations and is considered to be less risky than MUST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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