BTIAX Performance — U.S. Treasury Index Fund
Data updated: 2025-05-27
BTIAX returned +4.08% over one year to Mar 2025. Annualised returns are −0.29% over 3 years and −1.91% over 5 years. The fund trailed its Alternative category average: $100 invested three years ago grew to $99, against $144 for the category, and to $104 over one year, against $129. Volatility over the past three years was 6.56% a year. In the 12 months to Mar 2025 the fund lost a net $7.4M, and assets reached $64.08M.
BTIAX Growth of $100
What $100 invested in U.S. Treasury Index Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Alternative category average over the same months.
| Period | BTIAX | Category average |
|---|---|---|
| 1 year (Apr 2024 – Mar 2025) | $104 | $129 |
| 3 years (Apr 2022 – Mar 2025) | $99 | $144 |
| 5 years (Apr 2020 – Mar 2025) | $91 | $177 |
| Since data start (Jul 2019 – Mar 2025) | $100 | $165 |
BTIAX Trailing Returns
Total returns to Mar 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +4.08% |
| 3 years (annualised) | −0.29% |
| 5 years (annualised) | −1.91% |
BTIAX Annual Returns
Calendar-year total returns of U.S. Treasury Index Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–Mar) | +2.65% |
| 2024 | +0.40% |
| 2023 | +3.90% |
| 2022 | −12.59% |
| 2021 | −2.43% |
| 2020 | +7.80% |
| 2019 (Jul–Dec) | +1.50% |
BTIAX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +0.5% | +2.1% | 0.0% | — | — | — | — | — | — | — | — | — |
| 2024 | −0.3% | −1.3% | +0.7% | −2.4% | +1.5% | +1.0% | +2.2% | +1.3% | +1.2% | −2.4% | +0.8% | −1.6% |
| 2023 | +2.5% | −2.3% | +2.9% | +0.5% | −1.2% | −0.7% | −0.4% | −0.5% | −2.3% | −1.2% | +3.5% | +3.4% |
| 2022 | −1.9% | −0.7% | −3.1% | −3.1% | +0.1% | −0.9% | +1.6% | −2.5% | −3.4% | −1.5% | +2.7% | −0.5% |
| 2021 | −1.0% | −2.2% | −1.2% | +0.8% | +0.2% | +0.8% | +1.3% | −0.1% | −1.1% | −0.1% | +0.8% | −0.5% |
| 2020 | +2.4% | +2.6% | +3.1% | +0.4% | −0.2% | +0.1% | +1.1% | −1.1% | +0.1% | −1.0% | +0.4% | −0.3% |
| 2019 | — | — | — | — | — | — | −0.1% | +3.4% | −0.9% | 0.0% | −0.3% | −0.5% |
BTIAX Risk
Risk measures from monthly returns over Apr 2022 – Mar 2025.
- 3-year volatility (annualised): 6.56%
- 3-year Sharpe ratio: -0.73 (vs 4.5% risk-free rate)
- Best month: +3.45% (Nov 2023)
- Worst month: −3.42% (Sep 2022)
BTIAX Fund Flows
Monthly money in and out of U.S. Treasury Index Fund, from SEC Form N-PORT.
- 12-month net flow: −$7.4M
- 12-month gross sales (incl. reinvestments): $27.4M
- Sales ÷ redemptions: 0.79×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Mar 2025 | $1.8M | $1.4M | $356K |
| Feb 2025 | $2.0M | $7.1M | −$5.1M |
| Jan 2025 | $2.3M | $2.5M | −$145K |
| Dec 2024 | $1.1M | $7.4M | −$6.3M |
| Nov 2024 | $2.3M | $2.4M | −$21K |
| Oct 2024 | $1.6M | $2.6M | −$970K |
| Sep 2024 | $2.4M | $1.8M | $564K |
| Aug 2024 | $8.3M | $3.8M | $4.5M |
| Jul 2024 | $1.8M | $1.4M | $443K |
| Jun 2024 | $769K | $1.5M | −$715K |
| May 2024 | $1.8M | $2.2M | −$396K |
| Apr 2024 | $1.1M | $797K | $348K |
BTIAX Assets Under Management
Net assets of U.S. Treasury Index Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-03-31 | $64.08M |
| 2024-12-31 | $67.73M |
| 2024-09-30 | $78.01M |
| 2024-06-28 | $69.67M |
| 2024-03-28 | $71.03M |
| 2023-12-29 | $73.71M |
| 2023-09-29 | $71.10M |
| 2023-06-30 | $80.32M |
| 2023-03-31 | $81.13M |
| 2022-12-30 | $76.44M |
| 2022-09-30 | $77.65M |
| 2022-06-30 | $82.49M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.