A side-by-side comparison of Vanguard Long-Term Treasury Index Fund ETF Shares (VGLT) and Rbb Fund Inc - US Treasury 10 Year Note ETF (UTEN) to help Canadian investors make an informed decision.
1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | VGLT | UTEN |
|---|---|---|
| YTD Return | -7.94% | -4.69%✓ |
| 1-Day Change | -0.14% | +0.39%✓ |
| 1-Week Change | -1.81% | -0.60%✓ |
| 1-Month Change | -4.74% | -3.34%✓ |
| Current Price | $50.07 | $40.64 |
| AUM | $10.52B✓ | $268M |
| MER (Expense Ratio) | 0.04%✓ | 0.15% |
| Dividend Yield | 4.76%✓ | 4.50% |
| Distribution Frequency | NA | — |
| Inception Date | 2009-11-19 | 2022-08-08 |
| Holdings Count | 1 | 1 |
| MorningStar Rating | ★★★ | ★★★★ |
| Category | Long Government | Long Government |
| Beta | 2.25 | 1.25 |
| 52-Week High | $56.13 | $43.78 |
| 52-Week Low | $49.51 | $40.31 |
| 50-Day MA | $52.64 | $42.09 |
| 200-Day MA | $54.73 | $43.27 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | VGLT | UTEN |
|---|---|---|
| YTD | -7.94% | -4.69%✓ |
| 1 Year | -5.77% | -3.72%✓ |
| 3 Year | +1.27% | +2.42%✓ |
| 5 Year | -7.29% | — |
| 10 Year | -1.95% | — |
| 1Y Volatility | 8.53% | 4.76% |
| Sharpe Ratio (3Y) | -0.29 | -0.28 |
Past performance is not a guarantee of future results.
Sector Weights
| Sector | VGLT | UTEN |
|---|---|---|
| Basic Materials | 0.00% | 0.00% |
| Communication Services | 0.00% | 0.00% |
| Consumer Cyclicals | 0.00% | 0.00% |
| Consumer Defensive | 0.00% | 0.00% |
| Energy | 0.00% | 0.00% |
| Financial Services | 0.00% | 0.00% |
| Healthcare | 0.00% | 0.00% |
| Industrials | 0.00% | 0.00% |
| Real Estate | 0.00% | 0.00% |
| Technology | 0.00% | 0.00% |
| Utilities | 0.00% | 0.00% |
About VGLT
The fund employs an indexing investment approach designed to track the performance of the Bloomberg U.S. Long Treasury Index. This index includes fixed income securities issued by the U.S. Treasury (not including inflation-protected bonds, floating rate securities and certain other security types), with maturities greater than 10 years. Under normal circumstances, at least 80% of the fund's assets will be invested in bonds included in the index.
About UTEN
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 10-year U.S. Treasury note.
Which ETF is Right for You?
Both VGLT and UTEN are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, VGLT scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between VGLT and UTEN?
VGLT (Vanguard Long-Term Treasury Index Fund ETF Shares) and UTEN (Rbb Fund Inc - US Treasury 10 Year Note ETF) are both Canadian-listed ETFs. Key differences include their AUM ($10.52B vs $268M), dividend yield (4.76% vs 4.50%), and year-to-date performance (-7.94% vs -4.69%).
Is VGLT better than UTEN?
There is no single "better" ETF — it depends on your investment goals. If you prioritise dividends, compare both yields and choose based on your income needs. Always review the fund's prospectus and consider your tax situation.
Can I buy VGLT and UTEN on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both VGLT and UTEN should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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