USFR — WisdomTree Floating Rate Treasury Fund

USFR Price Performance — Growth of $10,000

Value of a $10,000 investment in USFR over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

USFR Drawdown

The "underwater" chart: USFR's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The WisdomTree Floating Rate Treasury Fund (USFR) operates within the US Bonds - Government category, which ETFValuer tracks with a total of 22 funds. Issued by WisdomTree, the fund manages $17.8 billion in assets and trades at a price of $50.36. It holds an overall rank of #322 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of C with a score of 55.3 out of 100. The fund carries an expense ratio of 0.15% while offering a dividend yield of 3.84%. This combination of a substantial asset base and a moderate expense ratio suggests significant investor adoption relative to the category size. The current price and asset level indicate a mature vehicle within its specific government bond niche.

Over the last day, the fund posted a return of +0.04%, which extended to +0.12% over one week and +0.36% over one month. The three-month return accelerated to +1.03%, followed by a six-month return of +1.90% and a year-to-date gain of +2.21%. Annual performance reached +4.00% over the last year, while the three-year return stands at +14.16%. This sequence shows a consistent positive trajectory across all measured time horizons from one day to three years. The data indicates that returns have generally increased as the measurement period extends from daily fluctuations to multi-year results.

The fund is assigned a Very Low volatility label and exhibits a beta of -0.02, suggesting minimal correlation with broader market movements. Despite the low volatility, the Sharpe ratio is recorded at -3.64, indicating that the risk-adjusted returns have been negative relative to the risk-free rate over the calculation period. The maximum drawdown for the fund was limited to -0.40%, reflecting a small peak-to-trough decline during the measured timeframe. This combination of a negative Sharpe ratio with a very low maximum drawdown implies that while the fund has experienced limited losses, its returns have not sufficiently compensated for the risk taken. The negative beta further suggests the fund may move inversely to the market, though the magnitude of this movement appears negligible given the low volatility.

AI-generated summary based on the data on this page.

USFR Top Holdings

Holdings as of 2025-11-30 per the fund's most recent SEC N-PORT-P filing. Top 5 holdings make up 99.7% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how USFR's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Market Backdrop

10-Year Treasury Yield: 4.65% (as of 2026-07-27) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 18.67 (as of 2026-07-27) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

USFR Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is — and average daily volume is 4.6M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $17.8B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: USFR is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

USFR Performance History

How USFR Compares to Other US Bonds - Government ETFs