BXSL vs. USFR
BXSL (Blackstone Secured Lending Fund) is a stock, while USFR (WisdomTree Floating Rate Treasury Fund) is Government Bonds fund tracking the Bloomberg U.S. Treasury Floating Rate Bond Index. Over the past 3 years, BXSL returned 5.60%/yr vs 4.72%/yr for USFR. At a correlation of -0.03, they often move in opposite directions.
Performance
BXSL vs. USFR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BXSL achieves a -4.62% return, which is significantly lower than USFR's 2.07% return.
BXSL
- 1D
- 0.26%
- 1M
- 2.27%
- 6M
- -4.15%
- YTD
- -4.62%
- 1Y
- -16.61%
- 3Y*
- 5.60%
- 5Y*
- —
- 10Y*
- —
USFR
- 1D
- 0.00%
- 1M
- 0.34%
- 6M
- 1.92%
- YTD
- 2.07%
- 1Y
- 3.98%
- 3Y*
- 4.72%
- 5Y*
- 3.77%
- 10Y*
- 2.50%
BXSL vs. USFR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
BXSL Blackstone Secured Lending Fund | -4.62% | -9.36% | 29.02% | 37.82% | -26.03% | 32.04% |
USFR WisdomTree Floating Rate Treasury Fund | 2.07% | 4.23% | 5.47% | 5.18% | 1.98% | -0.07% |
Correlation
The correlation between BXSL and USFR is -0.02, 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 (1Y) Calculated over the trailing 1-year period | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Oct 28, 2021 | -0.03 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BXSL vs. USFR — Risk / Return Rank
BXSL
USFR
BXSL vs. USFR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Blackstone Secured Lending Fund (BXSL) 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.
| BXSL | USFR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -15.64 | ||
| Sortino ratioReturn per unit of downside risk | -52.78 | ||
| Omega ratioGain probability vs. loss probability | 0.88 | 14.08 | -13.20 |
| Calmar ratioReturn relative to maximum drawdown | -0.71 | 200.62 | -201.33 |
| Martin ratioReturn relative to average drawdown | -1.00 | 801.26 | -802.26 |
Loading charts...
Drawdowns
BXSL vs. USFR - Drawdown Comparison
The maximum BXSL drawdown since its inception was -36.80%, which is greater than USFR's maximum drawdown of -1.36%. Use the drawdown chart below to compare losses from any high point for BXSL and USFR.
Loading charts...
Drawdown Indicators
| BXSL | USFR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.80% | -1.36% | -35.44% |
Max Drawdown (1Y)Largest decline over 1 year | -23.47% | -0.02% | -23.45% |
Max Drawdown (3Y)Largest decline over 3 years | -24.21% | -0.06% | -24.15% |
Max Drawdown (5Y)Largest decline over 5 years | — | -0.18% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -0.80% | — |
Current DrawdownCurrent decline from peak | -19.04% | 0.00% | -19.04% |
Average DrawdownAverage peak-to-trough decline | -14.25% | -0.15% | -14.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.68% | 0.00% | +16.68% |
Volatility
BXSL vs. USFR - Volatility Comparison
Blackstone Secured Lending Fund (BXSL) has a higher volatility of 5.13% compared to WisdomTree Floating Rate Treasury Fund (USFR) at 0.07%. This indicates that BXSL's price experiences larger fluctuations and is considered to be riskier than USFR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BXSL | USFR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.13% | 0.07% | +5.06% |
Volatility (6M)Calculated over the trailing 6-month period | 16.12% | 0.19% | +15.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.52% | 0.27% | +20.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.75% | 0.39% | +23.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.75% | 0.77% | +22.98% |
Dividends
BXSL vs. USFR - Dividend Comparison
BXSL's dividend yield for the trailing twelve months is around 13.08%, more than USFR's 3.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
BXSL Blackstone Secured Lending Fund | 13.08% | 11.70% | 9.53% | 10.64% | 13.02% | 1.56% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
USFR WisdomTree Floating Rate Treasury Fund | 3.83% | 4.15% | 5.17% | 5.12% | 1.78% | 0.01% | 0.40% | 2.08% | 1.67% | 1.03% | 0.29% |
Frequently Asked Questions
BXSL and USFR have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BXSL has higher volatility (5.13%) compared to USFR (0.07%). In terms of maximum drawdown, BXSL dropped -36.80% vs USFR's -1.36%.
USFR currently has the higher Sharpe Ratio (14.83 vs -0.81), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for BXSL and USFR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer