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F/m US Treasury 2 Year Note ETF (UTWO)

Short Government | Exchange Traded Fund | NasdaqGM
47.77 USD -0.10 (-0.219%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 48.03 +0.26 (0.555%) ⇧ (Aug. 28, 2026, 7:56 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take | Aug. 22, 2026, 5:21 a.m. EDT

The US Treasury 2-Year Note ETF presents as a neutral, defensive holding rather than a compelling investment opportunity. While the dividend yield of 3.84% is attractive, it reflects the current interest rate environment rather than superior corporate earnings or a moat; the payout is stable but offers no growth premium. The price trajectory confirms this stagnation: over the last three years, the asset is down roughly 2.7%, having lost nearly 4% in 2023 before recovering slightly in subsequent years. This flat-to-slightly-negative trend indicates the market sees no structural advantage in this specific duration bucket right now. Technically, the stock is trading near its 52-week lows and below its 200-day average, showing a lack of upward momentum. The statistical forecast model, despite its high confidence, predicts a negligible drift downward over the next 45 days, which aligns with the lack of technical strength. There is no options flow to suggest smart money is positioning for a breakout. Essentially, this is a parking spot for cash in a high-rate world, offering income but no capital appreciation catalyst.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.002558
AutoETS0.002870
AutoARIMA0.002871
MSTL0.003013

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 88%
H-stat 1.36
Ljung-Box p 0.003
Jarque-Bera p 0.614
Excess Kurtosis 0.58

As of Aug. 22, 2026, 5:21 a.m. EDT: Speculator positioning is negligible and non-directional. Call volume is virtually zero, while put activity is minimal and concentrated entirely at the money for a distant expiration, suggesting no meaningful hedging or speculative bets on immediate price moves.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.34% 3.85% 4.10%
Dividend History
Date Dividend Yield %
2026-08-27 0.164 0.342702
2026-07-28 0.159 0.332427
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
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 3.84

Info Dump

Attribute Value
All Time High 49.99
All Time Low 47.561
Ask 47.93
Ask Size 6
Average Daily Volume10 Day 75,090
Average Daily Volume3 Month 96,929
Average Volume 96,929
Average Volume10Days 75,090
Beta3 Year 0.23
Bid 47.9
Bid Size 36
Category Short Government
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 47.865
Day Low 47.7638
Dividend Yield 3.84
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 47.96822
Fifty Day Average Change -0.20322037
Fifty Day Average Change Percent -0.0042365626
Fifty Two Week Change Percent -1.1668742
Fifty Two Week High 48.7
Fifty Two Week High Change -0.9350014
Fifty Two Week High Change Percent -0.019199207
Fifty Two Week Low 47.7638
Fifty Two Week Low Change 0.0011978149
Fifty Two Week Low Change Percent 0.000025077881
Fifty Two Week Range 47.7638 - 48.7
First Trade Date Milliseconds 1,660,051,800,000
Full Exchange Name NasdaqGM
Fullday Change -0.105
Fullday Change Percent -0.219343
Fullday Price 48.03
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 CLOSED
Max Age 86,400
Message Board Id finmb_1792786903
Nav Price 48.0246
Net Assets 482,442,624.0
Net Expense Ratio 0.15
Open 47.86
Phone (302) 791-1851
Post Market Change 0.2649994
Post Market Change Percent 0.55479825
Post Market Price 48.03
Post Market Time 1,787,961,406
Previous Close 47.87
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.10499954
Regular Market Change Percent -0.21934311
Regular Market Day High 47.865
Regular Market Day Low 47.7638
Regular Market Day Range 47.7638 - 47.865
Regular Market Open 47.86
Regular Market Previous Close 47.87
Regular Market Price 47.765
Regular Market Time 1,787,947,200
Regular Market Volume 68,428
Short Name US Treasury 2 Year Note ETF
Source Interval 15
Symbol UTWO
Three Year Average Return 0.040717702
Total Assets 482,442,624
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 0.24672
Trailing Three Month Returns 0.24672
Triggerable 1
Two Hundred Day Average 48.303005
Two Hundred Day Average Change -0.5380058
Two Hundred Day Average Change Percent -0.011138144
Type Disp ETF
Volume 68,428
Yield 0.038399998
Ytd Return 0.6067