Academy Veteran Bond ETF (VETZ) Performance
VETZ total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −1.1% since Dec 31, 2025
- 1 year
- −0.3% total return
- 3 years
- +5.9% a year
- Since first price
- +4.0% a year since 2023
VETZ trailing returns vs AGG, TLT, SPY
| Period | VETZ total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.6% | +0.1% | +0.9% | +1.5% | −1.0% |
| 3 months | −0.9% | −2.2% | −0.4% | −1.0% | +3.2% |
| 6 months | −2.2% | −4.8% | −1.5% | −3.8% | +7.8% |
| YTD | −1.1% | −5.1% | −1.0% | −3.4% | +12.3% |
| 1 year | −0.3% | −6.0% | −1.1% | −6.9% | +14.4% |
| 3 years | +18.8%+5.9%/yr | −0.2% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| Since inceptionAug 2, 2023 | +13.6%+4.0%/yr | −5.1% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: VETZ vs AGG
From Aug 2, 2023: VETZ grew to $11,359, AGG to $11,214.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
VETZ returns by calendar year
2 of 2 full years positive. Best 2025 (+8.0%), worst 2024 (+2.2%). 2026 is year to date.
VETZ annual returns table
| Year | VETZ | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | −1.1% | −5.1% | −1.0% | −3.4% | +12.3% |
| 2025 | +8.0% | −2.8% | +7.2% | +4.3% | +17.7% |
| 2024 | +2.2% | −3.8% | +1.3% | −8.1% | +24.9% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
VETZ largest drawdowns
Now 3.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Aug 31, 2023 | −5.2% | Oct 20, 2023 | Nov 29, 2023 | 50 days | 3 months |
| Feb 27, 2026 | −5.1% | Oct 7, 2026 | not yet | 7 months | 8 months so far |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
VETZ risk statistics
| Statistic | 3 years | Since 2023 |
|---|---|---|
| Annualized return | +4.4% | +3.4% |
| Volatility (annualized) | 5.6% | 5.8% |
| Sharpe ratio | 0.03 | -0.15 |
| Sortino ratio | 0.04 | -0.20 |
| Best month | +4.7% | +4.7% |
| Worst month | −3.0% | −3.0% |
| Best 12 months | +11.0% | +11.0% |
| Worst 12 months | −0.7% | −0.7% |
| Positive months | 67% | 65% |
| Beta vs S&P 500 | 0.22 | — |
| Correlation with S&P 500 | 0.48 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
VETZ rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 27 | −0.7% | +5.9% | +11.0% | 93% |
| 3-year (a year) | 3 | +4.4% | +4.6% | +5.8% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
VETZ performance overview
Academy Veteran Bond ETF (VETZ) returned −0.3% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned +4.0% a year, turning $10,000 into about $11,359. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −5.2%, from Aug 31, 2023 to Oct 20, 2023, and it took 40 days to get back to the old high. Volatility has been 5.8% a year.
Related: VETZ chart, VETZ dividends, VETZ bond profile. See the VETZ overview for the latest quote and fund facts.
VETZ performance FAQ
What is the VETZ return over the past year?
VETZ returned −0.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 6.0%.
How much would $10,000 invested in VETZ be worth?
$10,000 invested in VETZ at its first recorded close on August 2, 2023 would be worth about $11,359 on October 23, 2026 with distributions reinvested.
What was the worst year for VETZ?
The worst calendar year was 2024, with a total return of +2.2%. The best was 2025 at +8.0%.
What is the biggest drawdown of VETZ?
The largest peak-to-trough decline was −5.2% between August 31, 2023 and October 20, 2023. It recovered to the old high on November 29, 2023, 40 days after the bottom.
How volatile is VETZ?
Over the past 3 years VETZ had an annualized volatility of 5.6% and a Sharpe ratio of 0.03 (excess return over 1–3 month T-bills per unit of risk).