UTWY vs. XBIL
Compare and contrast key facts about F/m US Treasury 20 Year Bond ETF (UTWY) and US Treasury 6 Month Bill ETF (XBIL).
UTWY and XBIL 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. XBIL is a passively managed fund by US Benchmark Series that tracks the performance of the ICE BofA US 6-Month Treasury Bill Index - Benchmark TR Gross. It was launched on Mar 6, 2023. Both UTWY and XBIL 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. XBIL - Performance Comparison
Loading graphics...
UTWY vs. XBIL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
UTWY F/m US Treasury 20 Year Bond ETF | -0.15% | 4.82% | -4.92% | -1.81% |
XBIL US Treasury 6 Month Bill ETF | 0.81% | 4.17% | 5.16% | 3.83% |
Returns By Period
In the year-to-date period, UTWY achieves a -0.15% return, which is significantly lower than XBIL's 0.81% return.
UTWY
- 1D
- 0.26%
- 1M
- -3.75%
- YTD
- -0.15%
- 6M
- -0.31%
- 1Y
- 0.62%
- 3Y*
- -1.22%
- 5Y*
- —
- 10Y*
- —
XBIL
- 1D
- 0.01%
- 1M
- 0.27%
- YTD
- 0.81%
- 6M
- 1.81%
- 1Y
- 4.00%
- 3Y*
- 4.65%
- 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. XBIL - Expense Ratio Comparison
Both UTWY and XBIL have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Return for Risk
UTWY vs. XBIL — Risk / Return Rank
UTWY
XBIL
UTWY vs. XBIL - 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 US Treasury 6 Month Bill ETF (XBIL). 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 | XBIL | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.07 | 13.62 | -13.55 |
Sortino ratioReturn per unit of downside risk | 0.15 | 53.79 | -53.63 |
Omega ratioGain probability vs. loss probability | 1.02 | 12.81 | -11.79 |
Calmar ratioReturn relative to maximum drawdown | 0.17 | 100.37 | -100.20 |
Martin ratioReturn relative to average drawdown | 0.37 | 779.60 | -779.23 |
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 | XBIL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.07 | 13.62 | -13.55 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.07 | 12.49 | -12.56 |
Correlation
The correlation between UTWY and XBIL 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.
Dividends
UTWY vs. XBIL - Dividend Comparison
UTWY's dividend yield for the trailing twelve months is around 5.07%, more than XBIL's 4.21% yield.
| TTM | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
UTWY F/m US Treasury 20 Year Bond ETF | 5.07% | 4.62% | 4.56% | 2.94% |
XBIL US Treasury 6 Month Bill ETF | 4.21% | 4.01% | 4.90% | 4.30% |
Drawdowns
UTWY vs. XBIL - Drawdown Comparison
The maximum UTWY drawdown since its inception was -18.19%, which is greater than XBIL's maximum drawdown of -0.08%. Use the drawdown chart below to compare losses from any high point for UTWY and XBIL.
Loading graphics...
Drawdown Indicators
| UTWY | XBIL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.19% | -0.08% | -18.11% |
Max Drawdown (1Y)Largest decline over 1 year | -7.47% | -0.04% | -7.43% |
Current DrawdownCurrent decline from peak | -5.56% | 0.00% | -5.56% |
Average DrawdownAverage peak-to-trough decline | -7.09% | 0.00% | -7.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.40% | 0.01% | +3.39% |
Volatility
UTWY vs. XBIL - Volatility Comparison
F/m US Treasury 20 Year Bond ETF (UTWY) has a higher volatility of 3.39% compared to US Treasury 6 Month Bill ETF (XBIL) at 0.06%. This indicates that UTWY's price experiences larger fluctuations and is considered to be riskier than XBIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| UTWY | XBIL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.39% | 0.06% | +3.33% |
Volatility (6M)Calculated over the trailing 6-month period | 5.55% | 0.18% | +5.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.32% | 0.30% | +9.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.29% | 0.38% | +10.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.29% | 0.38% | +10.91% |