F/m US Treasury 2 Year Note ETF (UTWO)Short Government | Exchange Traded Fund | NasdaqGM
47.98 USD
+0.08
(0.177%)
⇧
(July 14, 2026, 10:01 a.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 6:54 a.m. EDT
This instrument is a precise tactical tool for capturing the current 4%+ yield on ultra-short-duration Treasuries, but it lacks the explosive momentum or structural growth story required for a top-tier investment rating. The price has been remarkably flat over the last two years, trading within a tight range around $48, which reflects the stability of short-term rates rather than a bull or bear case. While the dividend yield is attractive and consistent, it is entirely dependent on the Federal Reserve's policy stance; if rates fall, the yield compresses and the capital appreciation potential vanishes. Conversely, if rates rise, the price will drift lower. The statistical forecast indicates a neutral outlook with very high confidence, reinforcing the view that this is a 'hold' or 'tactical allocation' vehicle rather than a core growth or aggressive income play. It is an excellent parking spot for cash seeking a risk-free rate, but not a vehicle for significant alpha generation. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.001704 |
| AutoARIMA | 0.001836 |
| AutoETS | 0.001837 |
| AutoTheta | 0.002198 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 82% |
| H-stat | 8.88 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.507 |
| Excess Kurtosis | -0.84 |
As of July 11, 2026, 6:54 a.m. EDT: Options activity is virtually dormant with negligible volume and open interest across all expirations. The lack of positioning suggests speculators are not forming directional bets on near-term price moves, likely due to the instrument's nature as a highly liquid, low-volatility proxy for short-term rates.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.32% | 3.47% | 4.00% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-29 | 0.153 | 0.318850 |
| 2026-05-28 | 0.144 | 0.299688 |
| 2026-04-28 | 0.150 | 0.311139 |
| 2026-03-30 | 0.130 | 0.269514 |
| 2026-02-26 | 0.135 | 0.277949 |
| 2026-01-29 | 0.138 | 0.284712 |
| 2025-12-30 | 0.131 | 0.269658 |
| 2025-12-02 | 0.136 | 0.280268 |
| 2025-11-03 | 0.133 | 0.274425 |
| 2025-10-01 | 0.135 | 0.278322 |
| 2025-09-02 | 0.150 | 0.309789 |
| 2025-08-01 | 0.145 | 0.299432 |
| 2025-07-01 | 0.152 | 0.314504 |
| 2025-06-02 | 0.145 | 0.300643 |
| 2025-05-01 | 0.151 | 0.311662 |
| 2025-04-01 | 0.161 | 0.333195 |
| 2025-03-03 | 0.160 | 0.331332 |
| 2025-02-03 | 0.165 | 0.343464 |
| 2024-12-30 | 0.164 | 0.341524 |
| 2024-12-02 | 0.160 | 0.332571 |
| 2024-11-01 | 0.135 | 0.280578 |
| 2024-10-01 | 0.150 | 0.308388 |
| 2024-09-03 | 0.171 | 0.353050 |
| 2024-08-01 | 0.181 | 0.375363 |
| 2024-07-01 | 0.189 | 0.396019 |
| 2024-06-03 | 0.189 | 0.396060 |
| 2024-05-01 | 0.174 | 0.365393 |
| 2024-04-01 | 0.179 | 0.374242 |
| 2024-03-01 | 0.164 | 0.341311 |
| 2024-02-01 | 0.171 | 0.353452 |
| 2023-12-27 | 0.191 | 0.395404 |
| 2023-12-01 | 0.195 | 0.405195 |
| 2023-11-01 | 0.194 | 0.405773 |
| 2023-10-02 | 0.194 | 0.406623 |
| 2023-09-01 | 0.185 | 0.385497 |
| 2023-08-01 | 0.180 | 0.375156 |
| 2023-07-03 | 0.165 | 0.343678 |
| 2023-06-01 | 0.151 | 0.310764 |
| 2023-05-01 | 0.158 | 0.323770 |
| 2023-04-03 | 0.183 | 0.373203 |
| 2023-03-01 | 0.159 | 0.329329 |
| 2023-02-01 | 0.168 | 0.342508 |
| 2022-12-28 | 0.176 | 0.360176 |
| 2022-12-01 | 0.167 | 0.340504 |
| 2022-11-01 | 0.165 | 0.338219 |
| 2022-10-03 | 0.086 | 0.174690 |
| Attribute | Value |
|---|---|
| All Time High | 49.99 |
| All Time Low | 47.561 |
| Ask | 48.0 |
| Ask Size | 50 |
| Average Daily Volume10 Day | 137,430 |
| Average Daily Volume3 Month | 90,873 |
| Average Volume | 90,873 |
| Average Volume10Days | 137,430 |
| Beta3 Year | 0.23 |
| Bid | 47.97 |
| Bid Size | 50 |
| Category | Short Government |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 47.98 |
| Day Low | 47.9525 |
| Dividend Yield | 3.82 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 48.06626 |
| Fifty Day Average Change | -0.09126282 |
| Fifty Day Average Change Percent | -0.0018986877 |
| Fifty Two Week Change Percent | -0.7152498 |
| Fifty Two Week High | 48.7 |
| Fifty Two Week High Change | -0.7250023 |
| Fifty Two Week High Change Percent | -0.01488711 |
| Fifty Two Week Low | 47.89 |
| Fifty Two Week Low Change | 0.084999084 |
| Fifty Two Week Low Change Percent | 0.0017748817 |
| Fifty Two Week Range | 47.89 - 48.7 |
| First Trade Date Milliseconds | 1,660,051,800,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | F/m Investments LLC |
| Fund Inception Date | 1,659,916,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | Under normal market conditions, F/m Investments LLC (the “Adviser”) seeks to achieve the fund’s investment objective by investing at least 80% of the fund’s net assets (plus any borrowings for investment purposes) in the component securities of the underlying index. The index is a one-security index comprised of the most recently issued 2-year U.S. Treasury note. |
| Long Name | F/m US Treasury 2 Year Note ETF |
| Market | us_market |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_1792786903 |
| Nav Price | 47.9519 |
| Net Assets | 471,946,624.0 |
| Net Expense Ratio | 0.15 |
| Open | 47.96 |
| Phone | (302) 791-1851 |
| Previous Close | 47.89 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.084999084 |
| Regular Market Change Percent | 0.17748818 |
| Regular Market Day High | 47.98 |
| Regular Market Day Low | 47.9525 |
| Regular Market Day Range | 47.9525 - 47.98 |
| Regular Market Open | 47.96 |
| Regular Market Previous Close | 47.89 |
| Regular Market Price | 47.975 |
| Regular Market Time | 1,784,037,710 |
| Regular Market Volume | 68,594 |
| Short Name | US Treasury 2 Year Note ETF |
| Source Interval | 15 |
| Symbol | UTWO |
| Three Year Average Return | 0.0373069 |
| Total Assets | 471,946,624 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 0.26176 |
| Trailing Three Month Returns | 0.26176 |
| Triggerable | 1 |
| Two Hundred Day Average | 48.404316 |
| Two Hundred Day Average Change | -0.42931747 |
| Two Hundred Day Average Change Percent | -0.008869405 |
| Type Disp | ETF |
| Volume | 68,594 |
| Yield | 0.0382 |
| Ytd Return | 0.48352 |