DVND vs. USFR
DVND (Touchstone Dividend Select ETF) and USFR (WisdomTree Floating Rate Treasury Fund) are both exchange-traded funds - DVND is a Large Cap Value Equities fund actively managed by Touchstone, while USFR is a Government Bonds fund tracking the Bloomberg U.S. Treasury Floating Rate Bond Index. DVND is actively managed, while USFR is passively managed. Over the past 3 years, DVND returned 15.35%/yr vs 4.77%/yr for USFR. At a correlation of -0.06, they often move in opposite directions. DVND charges 0.68%/yr vs 0.15%/yr for USFR.
Performance
DVND vs. USFR - Performance Comparison
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Returns By Period
In the year-to-date period, DVND achieves a 10.05% return, which is significantly higher than USFR's 1.78% return.
DVND
- 1D
- 0.59%
- 1M
- 1.98%
- YTD
- 10.05%
- 6M
- 10.28%
- 1Y
- 22.01%
- 3Y*
- 15.35%
- 5Y*
- —
- 10Y*
- —
USFR
- 1D
- 0.04%
- 1M
- 0.33%
- YTD
- 1.78%
- 6M
- 1.92%
- 1Y
- 4.01%
- 3Y*
- 4.77%
- 5Y*
- 3.70%
- 10Y*
- 2.42%
DVND vs. USFR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
DVND Touchstone Dividend Select ETF | 10.05% | 16.36% | 11.57% | 14.04% | 1.22% |
USFR WisdomTree Floating Rate Treasury Fund | 1.78% | 4.23% | 5.47% | 5.18% | 1.41% |
Correlation
The correlation between DVND and USFR is -0.20, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.06 |
Correlation (All Time) Calculated using the full available price history since Aug 4, 2022 | -0.06 |
The correlation between DVND and USFR shifts across timeframes, from -0.20 (1 year) to -0.06 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
DVND vs. USFR — Risk / Return Rank
DVND
USFR
DVND vs. USFR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Touchstone Dividend Select ETF (DVND) 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.
| DVND | USFR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -12.57 | ||
| Sortino ratioReturn per unit of downside risk | -47.27 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 13.37 | -11.97 |
| Calmar ratioReturn relative to maximum drawdown | 2.83 | 202.37 | -199.54 |
| Martin ratioReturn relative to average drawdown | 10.67 | 783.79 | -773.12 |
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Drawdowns
DVND vs. USFR - Drawdown Comparison
The maximum DVND drawdown since its inception was -14.83%, which is greater than USFR's maximum drawdown of -1.36%. Use the drawdown chart below to compare losses from any high point for DVND and USFR.
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Drawdown Indicators
| DVND | USFR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.83% | -1.36% | -13.47% |
Max Drawdown (1Y)Largest decline over 1 year | -7.80% | -0.02% | -7.78% |
Max Drawdown (3Y)Largest decline over 3 years | -14.64% | -0.06% | -14.58% |
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 | -0.75% | 0.00% | -0.75% |
Average DrawdownAverage peak-to-trough decline | -2.43% | -0.16% | -2.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.07% | 0.01% | +2.06% |
Volatility
DVND vs. USFR - Volatility Comparison
Touchstone Dividend Select ETF (DVND) has a higher volatility of 3.33% compared to WisdomTree Floating Rate Treasury Fund (USFR) at 0.08%. This indicates that DVND'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.
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Volatility by Period
| DVND | USFR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.33% | 0.08% | +3.25% |
Volatility (6M)Calculated over the trailing 6-month period | 7.67% | 0.19% | +7.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.04% | 0.27% | +9.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.36% | 0.40% | +12.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.36% | 0.78% | +12.58% |
DVND vs. USFR - Expense Ratio Comparison
DVND has a 0.68% expense ratio, which is higher than USFR's 0.15% expense ratio.
Dividends
DVND vs. USFR - Dividend Comparison
DVND's dividend yield for the trailing twelve months is around 1.81%, less than USFR's 3.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
DVND Touchstone Dividend Select ETF | 1.81% | 1.93% | 2.06% | 2.05% | 0.71% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
USFR WisdomTree Floating Rate Treasury Fund | 3.91% | 4.15% | 5.17% | 5.12% | 1.78% | 0.01% | 0.40% | 2.08% | 1.67% | 1.03% | 0.29% |
Frequently Asked Questions
DVND and USFR have a correlation of -0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DVND has higher volatility (3.33%) compared to USFR (0.08%). In terms of maximum drawdown, DVND dropped -14.83% vs USFR's -1.36%.
On 3-year performance, DVND leads with 15.35% vs 4.77% for USFR. On fees, USFR is cheaper at 0.15% per year. On volatility, USFR has been the lower-risk option at 0.08%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, DVND has performed better with a 15.35% return vs 4.77%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
USFR is cheaper with a 0.15% expense ratio, compared with 0.68% for DVND.
USFR has the higher dividend yield at 3.91%, compared with 1.81% for DVND.
DVND is categorized as Large Cap Value Equities, while USFR is Government Bonds. They also come from different issuers: Touchstone and WisdomTree. Their fees differ too: 0.68% for DVND and 0.15% for USFR.
USFR currently has the higher Sharpe Ratio (14.77 vs 2.20), 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.
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