AIOO vs. USFR

Last updated Jun 24, 2026

AIOO (AllianzIM U.S. Equity Buffer100 Protection ETF) and USFR (WisdomTree Floating Rate Treasury Fund) are both exchange-traded funds - AIOO is a Defined Outcome fund actively managed by Allianz, while USFR is a Government Bonds fund tracking the Bloomberg U.S. Treasury Floating Rate Bond Index. AIOO is actively managed, while USFR is passively managed. At a correlation of -0.07, they often move in opposite directions. AIOO charges 0.64%/yr vs 0.15%/yr for USFR.

Performance

AIOO vs. USFR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AllianzIM U.S. Equity Buffer100 Protection ETF (AIOO) and WisdomTree Floating Rate Treasury Fund (USFR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AIOO achieves a 2.13% return, which is significantly higher than USFR's 1.82% return.

AIOO

• 1D: -0.13%
• 1M: 0.05%
• YTD: 2.13%
• 6M: 1.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

USFR

• 1D: 0.04%
• 1M: 0.33%
• YTD: 1.82%
• 6M: 1.92%
• 1Y: 3.99%
• 3Y*: 4.74%
• 5Y*: 3.71%
• 10Y*: 2.43%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AIOO vs. USFR - Yearly Performance Comparison

	2026 (YTD)	2025
AIOO AllianzIM U.S. Equity Buffer100 Protection ETF	2.13%	2.65%
USFR WisdomTree Floating Rate Treasury Fund	1.82%	2.07%

Correlation

The correlation between AIOO and USFR is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 1, 2025	-0.07

Return for Risk

AIOO vs. USFR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AIOO

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

USFR

USFR Risk / Return Rank: 100
USFR Sharpe Ratio Rank: 100
USFR Sortino Ratio Rank: 100
USFR Omega Ratio Rank: 100
USFR Calmar Ratio Rank: 100
USFR Martin Ratio Rank: 100

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AIOO vs. USFR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AllianzIM U.S. Equity Buffer100 Protection ETF (AIOO) and WisdomTree Floating Rate Treasury Fund (USFR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AIOO	USFR	Difference
Sharpe ratio: Return per unit of total volatility	—	14.67	—
Sortino ratio: Return per unit of downside risk	—	50.13	—
Omega ratio: Gain probability vs. loss probability	—	13.31	—
Calmar ratio: Return relative to maximum drawdown	—	201.33	—
Martin ratio: Return relative to average drawdown	—	779.76	—

Drawdowns

AIOO vs. USFR - Drawdown Comparison

The maximum AIOO drawdown since its inception was -0.74%, smaller than the maximum USFR drawdown of -1.36%. Use the drawdown chart below to compare losses from any high point for AIOO and USFR.

Drawdown Indicators

	AIOO	USFR	Difference
Max Drawdown Largest peak-to-trough decline	-0.74%	-1.36%	+0.62%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.02%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-0.06%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-0.18%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-0.80%	—
Current Drawdown Current decline from peak	-0.34%	0.00%	-0.34%
Average Drawdown Average peak-to-trough decline	-0.18%	-0.15%	-0.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.01%	—

Volatility

Volatility by Period

	AIOO	USFR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.09%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.19%	—
Volatility (1Y) Calculated over the trailing 1-year period	2.06%	0.27%	+1.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.06%	0.40%	+1.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.06%	0.78%	+1.28%

AIOO vs. USFR - Expense Ratio Comparison

AIOO has a 0.64% expense ratio, which is higher than USFR's 0.15% expense ratio.

Dividends

AIOO vs. USFR - Dividend Comparison

AIOO has not paid dividends to shareholders, while USFR's dividend yield for the trailing twelve months is around 3.90%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
AIOO AllianzIM U.S. Equity Buffer100 Protection ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
USFR WisdomTree Floating Rate Treasury Fund	3.90%	4.15%	5.17%	5.12%	1.78%	0.01%	0.40%	2.08%	1.67%	1.03%	0.29%

Frequently Asked Questions

Can I hold both AIOO and USFR in my portfolio?

AIOO and USFR have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AIOO or USFR?

On fees, USFR is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AIOO or USFR?

USFR is cheaper with a 0.15% expense ratio, compared with 0.64% for AIOO.

Which ETF pays a higher dividend yield, AIOO or USFR?

USFR has the higher dividend yield at 3.90%, compared with 0.00% for AIOO.

What is the main difference between AIOO and USFR?

AIOO is categorized as Defined Outcome, while USFR is Government Bonds. They also come from different issuers: Allianz and WisdomTree. Their fees differ too: 0.64% for AIOO and 0.15% for USFR.