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ULST vs UTRE

State Street Ultra Short Term Bond ETF vs F/m US Treasury 3 Year Note ETF

ULST

State Street Ultra Short Term Bond ETF

Annual cost

0.20%

Fund size

$552M

UTRE

F/m US Treasury 3 Year Note ETF

Annual cost

0.15%

Fund size

$10M

Key differences

Both ULST and UTRE are fixed income ETFs. ULST charges 0.20% a year and UTRE 0.15%. The main difference: ULST follows a active selection strategy; UTRE uses index tracking.

  • ULST follows a active selection strategy; UTRE uses index tracking.
  • UTRE costs 0.05% less per year.
  • ULST is much larger than UTRE. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, ULST has delivered higher annualized returns.
  • ULST has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ULSTUTRE
Annual cost (TER)0.20%0.15%
Fund size (AUM)$552M$10M
Since20132023
Dividend yield4.22%3.80%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+3.9%+3.0%
CAGR 3Y+4.9%+3.7%
CAGR 5Y+3.5%N/A
Sharpe 3Y1.220.06
Volatility 1Y0.66%2.00%
Max drawdown-6.20%-2.80%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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