Snapshot*
Top 10 Holdings
What is UTHY?
The investment objective of the US Treasury 30 Year Bond ETF (the UST 30 Year Bond Fund) is to seek investment results that correspond (before fees and expenses) generally to the price and yield performance of the ICE BofA US 30-Year US Treasury Index (GA30). UTHY aims to provide exposure to the current US 30 Year Treasury Bond, with the ease and efficiency of an ETF.
ETFs related toUTHY
ETFs correlated to UTHY include TMF, UBT, TLT
What is ETF correlation?
Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.
Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.
Using ETF correlations in portfolio and strategy construction
ETF correlations can help you create investing strategies and portfolios. Use them to:
- •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
- •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
- •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.
Automated Strategies
Related toUTHY
The Not Boring: Rising Rates with Vol Switch
SPY minimum drawdown
Create your own algorithmic trading strategy with UTHY using Composer
News Related to UTHY
Long-Term Treasury ETFs Hit Death Cross As Yields Rise, Bonds Tumble
Dec 4, 2024 • by Surbhi Jain
Long-Dated Treasury ETFs Hit Yearly Highs Ahead Of August CPI Data: More 'Good News On Inflation' Expected
Sep 9, 2024 • by Piero Cingari
Bill Ackman Stays Short On Bonds, Expects 30-Year Yields To Spike As The World Is Now 'A Structurally Different Place'
Sep 22, 2023 • by Shanthi Rexaline
FAQ
Disclaimers
We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.
We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.