UTWY vs. IBGK
Compare and contrast key facts about F/m US Treasury 20 Year Bond ETF (UTWY) and iShares iBonds Dec 2054 Term Treasury ETF (IBGK).
UTWY and IBGK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UTWY is a passively managed fund by F/m Investments that tracks the performance of the Bloomberg US Treasury Bellwether 20 Year Index. It was launched on Mar 27, 2023. IBGK is a passively managed fund by iShares that tracks the performance of the ICE 2054 Maturity US Treasury Index. It was launched on Jun 11, 2024. Both UTWY and IBGK are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
UTWY vs. IBGK - Performance Comparison
Loading graphics...
UTWY vs. IBGK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
UTWY F/m US Treasury 20 Year Bond ETF | -0.15% | 4.82% | -1.70% |
IBGK iShares iBonds Dec 2054 Term Treasury ETF | 0.24% | 3.66% | -2.73% |
Returns By Period
In the year-to-date period, UTWY achieves a -0.15% return, which is significantly lower than IBGK's 0.24% return.
UTWY
- 1D
- 0.26%
- 1M
- -3.75%
- YTD
- -0.15%
- 6M
- -0.31%
- 1Y
- 0.62%
- 3Y*
- -1.22%
- 5Y*
- —
- 10Y*
- —
IBGK
- 1D
- 0.03%
- 1M
- -3.81%
- YTD
- 0.24%
- 6M
- -0.56%
- 1Y
- -0.31%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
UTWY vs. IBGK - Expense Ratio Comparison
UTWY has a 0.15% expense ratio, which is higher than IBGK's 0.07% 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%.
Return for Risk
UTWY vs. IBGK — Risk / Return Rank
UTWY
IBGK
UTWY vs. IBGK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for F/m US Treasury 20 Year Bond ETF (UTWY) and iShares iBonds Dec 2054 Term Treasury ETF (IBGK). 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.
| UTWY | IBGK | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.07 | -0.03 | +0.10 |
Sortino ratioReturn per unit of downside risk | 0.15 | 0.04 | +0.12 |
Omega ratioGain probability vs. loss probability | 1.02 | 1.00 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 0.17 | 0.06 | +0.10 |
Martin ratioReturn relative to average drawdown | 0.37 | 0.13 | +0.24 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| UTWY | IBGK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.07 | -0.03 | +0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.07 | 0.05 | -0.12 |
Correlation
The correlation between UTWY and IBGK is 0.98, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
UTWY vs. IBGK - Dividend Comparison
UTWY's dividend yield for the trailing twelve months is around 5.07%, more than IBGK's 4.62% yield.
| TTM | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
UTWY F/m US Treasury 20 Year Bond ETF | 5.07% | 4.62% | 4.56% | 2.94% |
IBGK iShares iBonds Dec 2054 Term Treasury ETF | 4.62% | 4.59% | 3.15% | 0.00% |
Drawdowns
UTWY vs. IBGK - Drawdown Comparison
The maximum UTWY drawdown since its inception was -18.19%, which is greater than IBGK's maximum drawdown of -14.62%. Use the drawdown chart below to compare losses from any high point for UTWY and IBGK.
Loading graphics...
Drawdown Indicators
| UTWY | IBGK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.19% | -14.62% | -3.57% |
Max Drawdown (1Y)Largest decline over 1 year | -7.47% | -9.29% | +1.82% |
Current DrawdownCurrent decline from peak | -5.56% | -8.64% | +3.08% |
Average DrawdownAverage peak-to-trough decline | -7.09% | -7.95% | +0.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.40% | 4.47% | -1.07% |
Volatility
UTWY vs. IBGK - Volatility Comparison
F/m US Treasury 20 Year Bond ETF (UTWY) and iShares iBonds Dec 2054 Term Treasury ETF (IBGK) have volatilities of 3.39% and 3.56%, 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.
Loading graphics...
Volatility by Period
| UTWY | IBGK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.39% | 3.56% | -0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 5.55% | 6.31% | -0.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.32% | 10.94% | -1.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.29% | 12.13% | -0.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.29% | 12.13% | -0.84% |