US Treasury 2 Year Note ETF
US Treasury 2 Year Note ETF (NASDAQ: UTWO) is an exchange-traded fund listed on NASDAQ, trading at $47.32 (about ₹4,546 a unit) as of 29 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.15% and holds 2 securities. Indian residents can buy UTWO through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$47.27
Today's high
$47.33
52 week low
$47.27
52 week high
$48.70
UTWO opened at $47.29, closed previously at $47.29, and has traded between $47.27 and $48.70 over the past 52 weeks.
About
Under typical market conditions, the fund manager endeavors to meet the investment goal by committing a minimum of 80% of the fund's net assets, along with any borrowed capital for investment, to the underlying securities of its benchmark index. This index is a specialized, single-component index comprising only the most recently issued 2-year U.S. Treasury note.
Key statistics
Expense ratio
0.15%
Assets (AUM)
$502.6M
Holdings
2
NAV
$47.28
Avg. volume
—
1-year price change
-2.53%
5-year price change
—
Price change excludes dividends.
Top 2 holdings
UTWO holds 2 securities in total. These 2 are 100.0% of the fund.
How to buy UTWO from India
Indian residents can buy UTWO units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search UTWO and buy
Find the fund by its ticker, UTWO, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in UTWO from India
Trading and taxes when buying UTWO from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- Taxable in IndiaGains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the UTWO price today?
US Treasury 2 Year Note ETF (UTWO) last traded at $47.32 on NASDAQ, as of 29 Sep 2026, 4:00 PM ET. That is ₹4,546 a unit at the 28 Sep 2026 USD/INR rate.
When does UTWO trade, in Indian time?
NASDAQ trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is UTWO, and what does it cost to hold?
US Treasury 2 Year Note ETF manages about $502.6M. Its expense ratio is 0.15% a year, deducted inside the fund. It launched in 2022.
What are UTWO's largest holdings?
The top two are United States Treasury Note/Bond 4.125% 08/31/2028 (100.0%) and Cash & Other (0.0%). UTWO's 2 largest positions make up 100.0% of the fund.
Does UTWO pay dividends?
Yes. UTWO is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate.
How are gains on UTWO taxed in India?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
Can I buy fractional units of UTWO?
Yes. You can buy UTWO by amount rather than by whole unit, and there is no minimum trade size.
How has UTWO performed?
UTWO's price is down 2.5% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.