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UTWYNASDAQMarket openCloses 4:00pm ET

US Treasury 20 Year Bond ETF

$38.88Last updated
+$0.05 (0.12%)Past day
Timezone

US Treasury 20 Year Bond ETF (NASDAQ: UTWY) is an exchange-traded fund listed on NASDAQ, trading at $38.88 (about ₹3,765 a unit) as of 8 Oct 2026, 11:42 AM ET. It has an expense ratio of 0.15% and holds 2 securities. Indian residents can buy UTWY through Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$38.88
Previous close:$38.84
Volume:1.99K

Today's low

$38.88

Today's high

$38.96

52 week low

$38.59

52 week high

$45.23

UTWY opened at $38.88, closed previously at $38.84, and has traded between $38.59 and $45.23 over the past 52 weeks.

About

UTWY is part of the first single-bond ETF suite. The targeted holding makes it very different from other ETFs holding a basket of 20-year Treasury notes. This is a tool used in portfolio management. The fund tracks an index that holds just the on-the-run 20-year US Treasury notes, which are the most recently issued and most liquid. At each monthly rebalancing, the underlying issue is sold and rolled into a newly selected issue, given that there has been a new public sale or auction by the US Government for 20-year Treasury notes. This roll transition occurs on one day, each month. The fund pays transaction costs when it buys and sells securities. These costs are not reflected in the annual fund operating expenses and should be expected. The fund will experience a very high turnover. This may result in higher taxes, as compared to other ETFs, if the shares are held in a taxable account. Prior to April 7, 2025, the fund tracked the ICE BofA Current 20-Year US Treasury Index. Effective July 1, 2025, the fund appended F/m to its fund name.

Issuer
F/m
Exchange listed on
NASDAQ
Asset class
Fixed Income
Base currency
USD
Domicile
United States
Dividends
Distributing
Launched
2023
ISIN
US74933W5444

Key statistics

Expense ratio

0.15%

Assets (AUM)

$8.2M

Holdings

2

NAV

$38.85

Avg. volume

—

1-year price change

-11.94%

5-year price change

—

Price change excludes dividends.

Top 2 holdings

1. United States Treasury Note/Bond 5.125% 08/15/2046
99.2%
2. Cash & Other
0.8%

UTWY holds 2 securities in total. These 2 are 100.0% of the fund.

How to buy UTWY from India

Indian residents can buy UTWY units through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers. Read the full guide: how to invest in UTWY from India

  1. 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.

  2. 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.

  3. Search UTWY and buy

    Find the fund by its ticker, UTWY, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.

  4. Track holdings and download tax reports

    Follow your UTWY position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.

Trading and taxes when buying UTWY 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

FAQs

What is the UTWY price today?

US Treasury 20 Year Bond ETF (UTWY) last traded at $38.88 on NASDAQ, as of 8 Oct 2026, 11:42 AM ET. That is ₹3,765 a unit at the 7 Oct 2026 USD/INR rate.

When does UTWY 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 UTWY, and what does it cost to hold?

US Treasury 20 Year Bond ETF manages about $8.2M. Its expense ratio is 0.15% a year, deducted inside the fund. It launched in 2023.

What are UTWY's largest holdings?

The top two are United States Treasury Note/Bond 5.125% 08/15/2046 (99.2%) and Cash & Other (0.8%). UTWY's 2 largest positions make up 100.0% of the fund.

Does UTWY pay dividends?

Yes. UTWY 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 UTWY 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 UTWY?

Yes. You can buy UTWY by amount rather than by whole unit, and there is no minimum trade size.

How has UTWY performed?

UTWY's price is down 11.9% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.