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EUSA vs. USMF
Performance
Return for Risk
Drawdowns
Volatility
Dividends

EUSA vs. USMF

Last updated Jul 17, 2026
Documentation

EUSA (iShares MSCI USA Equal Weighted ETF) and USMF (WisdomTree US Multifactor Fund) are both Mid Cap Blend Equities funds - EUSA tracks the MSCI USA Equal Weighted Index while USMF tracks the WisdomTree US Multifactor Index. Both are passively managed. Over the past 5 years, EUSA returned 8.27%/yr vs 7.81%/yr for USMF. Their correlation of 0.90 suggests significant overlap in exposure. EUSA charges 0.09%/yr vs 0.28%/yr for USMF.

Performance

EUSA vs. USMF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI USA Equal Weighted ETF (EUSA) and WisdomTree US Multifactor Fund (USMF). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, EUSA achieves a 11.73% return, which is significantly higher than USMF's 3.99% return.

EUSA

1D
0.68%
1M
1.13%
6M
7.67%
YTD
11.73%
1Y
17.18%
3Y*
14.20%
5Y*
8.27%
10Y*
11.53%

USMF

1D
-0.47%
1M
-1.35%
6M
2.79%
YTD
3.99%
1Y
6.49%
3Y*
11.89%
5Y*
7.81%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

EUSA vs. USMF - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
EUSA
iShares MSCI USA Equal Weighted ETF		11.73%10.24%14.64%17.72%-17.13%25.60%15.03%30.56%-8.58%10.36%
USMF
WisdomTree US Multifactor Fund		3.99%4.60%19.65%13.47%-8.82%21.26%12.01%24.06%-4.72%11.27%

Correlation

The correlation between EUSA and USMF is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.81

Correlation (3Y)
Calculated over the trailing 3-year period

0.88

Correlation (5Y)
Calculated over the trailing 5-year period

0.91

Correlation (All Time)
Calculated using the full available price history since Aug 24, 2017

0.90

The correlation between EUSA and USMF has been stable across timeframes, ranging from 0.81 to 0.91 - a consistent structural relationship.

EUSA vs. USMF - Sectors Allocation Comparison

Sectors
EUSA
USMF

Technology

20.3%
33.2%

Industrials

15.3%
7.9%

Financial Services

14.7%
10.7%

Consumer Cyclical

11.1%
10.5%

Healthcare

10.8%
9.0%

Utilities

5.4%
1.9%

Consumer Defensive

5.3%
4.3%

Real Estate

5.2%
2.0%

Basic Materials

4.3%
1.1%

Communication Services

4.0%
9.8%

Energy

3.8%
4.8%

Technology

EUSA
20.3%
USMF
33.2%

Industrials

EUSA
15.3%
USMF
7.9%

Financial Services

EUSA
14.7%
USMF
10.7%

Consumer Cyclical

EUSA
11.1%
USMF
10.5%

Healthcare

EUSA
10.8%
USMF
9.0%

Utilities

EUSA
5.4%
USMF
1.9%

Consumer Defensive

EUSA
5.3%
USMF
4.3%

Real Estate

EUSA
5.2%
USMF
2.0%

Basic Materials

EUSA
4.3%
USMF
1.1%

Communication Services

EUSA
4.0%
USMF
9.8%

Energy

EUSA
3.8%
USMF
4.8%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares MSCI USA Equal Weighted ETF

WisdomTree US Multifactor Fund

Often compared with EUSA:
EUSA vs. RSPEUSA vs. GSEWEUSA vs. VOOEUSA vs. VTIEUSA vs. ^GSPCEUSA vs. SCHGEUSA vs. ITOT
Often compared with USMF:
USMF vs. DYNFUSMF vs. VFMFUSMF vs. SCHMUSMF vs. SFLRUSMF vs. SPMOUSMF vs. SPYUSMF vs. VO

Return for Risk

EUSA vs. USMF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EUSA
EUSA Risk / Return Rank: 5454
Overall Rank
EUSA Sharpe Ratio Rank: 5252
Sharpe Ratio Rank
EUSA Sortino Ratio Rank: 5353
Sortino Ratio Rank
EUSA Omega Ratio Rank: 4848
Omega Ratio Rank
EUSA Calmar Ratio Rank: 5454
Calmar Ratio Rank
EUSA Martin Ratio Rank: 6262
Martin Ratio Rank
USMF
USMF Risk / Return Rank: 2222
Overall Rank
USMF Sharpe Ratio Rank: 2020
Sharpe Ratio Rank
USMF Sortino Ratio Rank: 1919
Sortino Ratio Rank
USMF Omega Ratio Rank: 1818
Omega Ratio Rank
USMF Calmar Ratio Rank: 2626
Calmar Ratio Rank
USMF Martin Ratio Rank: 2828
Martin Ratio Rank
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.

EUSA vs. USMF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA Equal Weighted ETF (EUSA) and WisdomTree US Multifactor Fund (USMF). 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.

EUSAUSMFDifference
Sharpe ratioReturn per unit of total volatility
1.45
0.57

+0.87

Sortino ratioReturn per unit of downside risk
2.10
0.89

+1.21

Omega ratioGain probability vs. loss probability

1.25

1.10

+0.15

Calmar ratioReturn relative to maximum drawdown

2.21

1.01

+1.20

Martin ratioReturn relative to average drawdown

8.68

3.16

+5.53

EUSA vs. USMF - Sharpe Ratio Comparison

The current EUSA Sharpe Ratio is 1.45, which is higher than the USMF Sharpe Ratio of 0.57. The chart below compares the historical Sharpe Ratios of EUSA and USMF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

EUSA vs. USMF - Drawdown Comparison

The maximum EUSA drawdown since its inception was -39.16%, which is greater than USMF's maximum drawdown of -36.24%. Use the drawdown chart below to compare losses from any high point for EUSA and USMF.

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Drawdown Indicators

EUSAUSMFDifference

Max Drawdown

Largest peak-to-trough decline

-39.16%

-36.24%

-2.92%

Max Drawdown (1Y)

Largest decline over 1 year

-7.82%

-6.47%

-1.35%

Max Drawdown (3Y)

Largest decline over 3 years

-18.20%

-15.39%

-2.81%

Max Drawdown (5Y)

Largest decline over 5 years

-25.24%

-18.10%

-7.14%

Max Drawdown (10Y)

Largest decline over 10 years

-39.16%

—

—

Current Drawdown

Current decline from peak

-0.56%

-2.49%

+1.93%

Average Drawdown

Average peak-to-trough decline

-4.57%

-4.12%

-0.45%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.98%

2.06%

-0.08%

Volatility

EUSA vs. USMF - Volatility Comparison

The current volatility for iShares MSCI USA Equal Weighted ETF (EUSA) is 2.63%, while WisdomTree US Multifactor Fund (USMF) has a volatility of 4.60%. This indicates that EUSA experiences smaller price fluctuations and is considered to be less risky than USMF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

EUSAUSMFDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.63%

4.60%

-1.97%

Volatility (6M)

Calculated over the trailing 6-month period

8.96%

9.09%

-0.13%

Volatility (1Y)

Calculated over the trailing 1-year period

11.94%

11.41%

+0.53%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.98%

14.39%

+2.59%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.27%

16.96%

+1.31%

EUSA vs. USMF - Expense Ratio Comparison

EUSA has a 0.09% expense ratio, which is lower than USMF's 0.28% expense ratio.

Dividends

EUSA vs. USMF - Dividend Comparison

EUSA's dividend yield for the trailing twelve months is around 1.45%, more than USMF's 1.32% yield.

PositionTTM20252024202320222021202020192018201720162015
EUSA
iShares MSCI USA Equal Weighted ETF		1.45%1.63%1.47%1.53%1.73%1.23%1.45%1.49%2.01%1.50%1.59%2.21%
USMF
WisdomTree US Multifactor Fund		1.32%1.37%1.22%1.33%1.74%1.42%1.34%1.38%1.45%0.67%0.00%0.00%

Frequently Asked Questions

EUSA and USMF have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

USMF has higher volatility (4.60%) compared to EUSA (2.63%). In terms of maximum drawdown, EUSA dropped -39.16% vs USMF's -36.24%.

On 5-year performance, EUSA leads with 8.27% vs 7.81% for USMF. On fees, EUSA is cheaper at 0.09% per year. On volatility, EUSA has been the lower-risk option at 2.63%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, EUSA has performed better with a 8.27% return vs 7.81%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

EUSA is cheaper with a 0.09% expense ratio, compared with 0.28% for USMF.

EUSA has the higher dividend yield at 1.45%, compared with 1.32% for USMF.

EUSA tracks MSCI USA Equal Weighted Index, while USMF tracks WisdomTree US Multifactor Index. They also come from different issuers: iShares and WisdomTree. Their fees differ too: 0.09% for EUSA and 0.28% for USMF.

EUSA currently has the higher Sharpe Ratio (1.45 vs 0.57), 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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