(UFIV) US Treasury 5 Year Note - Ratings and Ratios

The US Treasury 5 Year Note ETF (NASDAQ:UFIV) is an exchange-traded fund managed by F/m Investments LLC, aiming to replicate the performance of the ICE BofA Current 5-Year U.S. Treasury Index. This index tracks the most recently issued 5-year U.S. Treasury note, providing investors with exposure to the 5-year segment of the U.S. government bond market.

The funds investment strategy involves allocating at least 80% of its net assets to the underlying indexs component security, which is the current 5-year U.S. Treasury note. This approach enables the ETF to mirror the indexs performance, offering investors a low-cost and efficient way to invest in this specific segment of the U.S. Treasury market.

Given the current market conditions and the ETFs characteristics, we can analyze its technical and fundamental data to forecast its potential future performance. The ETFs price is currently at $48.56, slightly below its 20-day SMA of $48.74 and near its 50-day SMA of $48.58. The 200-day SMA stands at $47.93, indicating a longer-term uptrend. The ATR of 0.21 (0.43%) suggests relatively low volatility.

Combining the technical data with fundamental insights, we can infer that the ETFs AUM of $45.14M USD indicates a relatively small but still viable fund. Considering the current interest rate environment and the yield curve, we can forecast that the 5-year U.S. Treasury yield will likely influence the ETFs performance. If the yield decreases, the ETFs price is likely to increase, potentially breaking above its 52-week high of $49.23. Conversely, an increase in yield could lead to a decline in price. Based on the current technical trends and fundamental data, a potential price target for UFIV could be around $49.50, representing a 2% increase from its current price.