EZM vs. USFR
EZM (WisdomTree U.S. MidCap Earnings Fund) and USFR (WisdomTree Floating Rate Treasury Fund) are both exchange-traded funds - EZM is a Mid Cap Blend Equities fund tracking the WisdomTree U.S. MidCap Index, while USFR is a Government Bonds fund tracking the Bloomberg U.S. Treasury Floating Rate Bond Index. Both are passively managed. Over the past 10 years, EZM returned 10.61%/yr vs 2.47%/yr for USFR. At a 0.01 correlation, their price movements are largely independent. EZM charges 0.38%/yr vs 0.15%/yr for USFR.
Performance
EZM vs. USFR - Performance Comparison
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Returns By Period
In the year-to-date period, EZM achieves a 11.29% return, which is significantly higher than USFR's 1.60% return. Over the past 10 years, EZM has outperformed USFR with an annualized return of 10.61%, while USFR has yielded a comparatively lower 2.47% annualized return.
EZM
- 1D
- 0.68%
- 1M
- 2.22%
- YTD
- 11.29%
- 6M
- 11.02%
- 1Y
- 24.69%
- 3Y*
- 16.06%
- 5Y*
- 8.11%
- 10Y*
- 10.61%
USFR
- 1D
- 0.00%
- 1M
- 0.27%
- YTD
- 1.60%
- 6M
- 1.96%
- 1Y
- 4.01%
- 3Y*
- 4.76%
- 5Y*
- 3.66%
- 10Y*
- 2.47%
EZM vs. USFR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EZM WisdomTree U.S. MidCap Earnings Fund | 11.29% | 8.42% | 10.29% | 19.69% | -12.22% | 31.00% | 5.57% | 24.48% | -12.36% | 17.37% |
USFR WisdomTree Floating Rate Treasury Fund | 1.60% | 4.23% | 5.47% | 5.18% | 1.98% | -0.03% | 0.56% | 2.02% | 2.01% | 1.03% |
Correlation
The correlation between EZM and USFR is -0.12, 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 | -0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.03 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.00 |
Correlation (All Time) Calculated using the full available price history since Feb 5, 2014 | 0.01 |
The correlation between EZM and USFR shifts across timeframes, from -0.12 (1 year) to 0.01 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
EZM vs. USFR — Risk / Return Rank
EZM
USFR
EZM vs. USFR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. MidCap Earnings Fund (EZM) 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.
| EZM | USFR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -13.34 | ||
| Sortino ratioReturn per unit of downside risk | -47.84 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 13.37 | -12.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.85 | 202.38 | -199.53 |
| Martin ratioReturn relative to average drawdown | 9.66 | 783.80 | -774.14 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EZM | USFR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.67 | 15.01 | -13.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.40 | 9.25 | -8.86 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | 3.07 | -2.60 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 1.60 | -1.19 |
Drawdowns
EZM vs. USFR - Drawdown Comparison
The maximum EZM drawdown since its inception was -59.58%, which is greater than USFR's maximum drawdown of -1.36%. Use the drawdown chart below to compare losses from any high point for EZM and USFR.
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Drawdown Indicators
| EZM | USFR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.58% | -1.36% | -58.22% |
Max Drawdown (1Y)Largest decline over 1 year | -8.70% | -0.02% | -8.68% |
Max Drawdown (3Y)Largest decline over 3 years | -23.53% | -0.06% | -23.47% |
Max Drawdown (5Y)Largest decline over 5 years | -23.53% | -0.18% | -23.35% |
Max Drawdown (10Y)Largest decline over 10 years | -47.26% | -0.80% | -46.46% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -8.27% | -0.16% | -8.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.56% | 0.01% | +2.55% |
Volatility
EZM vs. USFR - Volatility Comparison
WisdomTree U.S. MidCap Earnings Fund (EZM) has a higher volatility of 3.33% compared to WisdomTree Floating Rate Treasury Fund (USFR) at 0.06%. This indicates that EZM'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
| EZM | USFR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.33% | 0.06% | +3.27% |
Volatility (6M)Calculated over the trailing 6-month period | 10.25% | 0.18% | +10.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.84% | 0.27% | +14.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.42% | 0.40% | +20.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.35% | 0.81% | +21.54% |
EZM vs. USFR - Expense Ratio Comparison
EZM has a 0.38% expense ratio, which is higher than USFR's 0.15% expense ratio.
Dividends
EZM vs. USFR - Dividend Comparison
EZM's dividend yield for the trailing twelve months is around 1.25%, less than USFR's 3.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EZM WisdomTree U.S. MidCap Earnings Fund | 1.25% | 1.39% | 1.22% | 1.25% | 1.57% | 1.08% | 1.67% | 1.34% | 1.57% | 1.14% | 1.55% | 1.30% |
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% | 0.00% |
Frequently Asked Questions
EZM and USFR have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EZM has higher volatility (3.33%) compared to USFR (0.06%). In terms of maximum drawdown, EZM dropped -59.58% vs USFR's -1.36%.
On 10-year performance, EZM leads with 10.61% vs 2.47% for USFR. On fees, USFR is cheaper at 0.15% per year. On volatility, USFR has been the lower-risk option at 0.06%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, EZM has performed better with a 10.61% return vs 2.47%. 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 0.38% for EZM.
USFR has the higher dividend yield at 3.91%, compared with 1.25% for EZM.
EZM is categorized as Mid Cap Blend Equities, while USFR is Government Bonds. EZM tracks WisdomTree U.S. MidCap Index, while USFR tracks Bloomberg U.S. Treasury Floating Rate Bond Index. Their fees differ too: 0.38% for EZM and 0.15% for USFR.
USFR currently has the higher Sharpe Ratio (15.01 vs 1.67), 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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