FVD vs. USFR
FVD (First Trust Value Line Dividend Index Fund) and USFR (WisdomTree Floating Rate Treasury Fund) are both exchange-traded funds - FVD is a Mid Cap Value Equities fund tracking the Value Line Dividend 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, FVD returned 8.54%/yr vs 2.43%/yr for USFR. At a correlation of -0.00, they often move in opposite directions. FVD charges 0.61%/yr vs 0.15%/yr for USFR.
Performance
FVD vs. USFR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FVD achieves a 3.30% return, which is significantly higher than USFR's 1.78% return. Over the past 10 years, FVD has outperformed USFR with an annualized return of 8.54%, while USFR has yielded a comparatively lower 2.43% annualized return.
FVD
- 1D
- -0.17%
- 1M
- -1.17%
- YTD
- 3.30%
- 6M
- 2.96%
- 1Y
- 9.84%
- 3Y*
- 8.73%
- 5Y*
- 5.99%
- 10Y*
- 8.54%
USFR
- 1D
- 0.00%
- 1M
- 0.29%
- YTD
- 1.78%
- 6M
- 1.89%
- 1Y
- 3.97%
- 3Y*
- 4.72%
- 5Y*
- 3.70%
- 10Y*
- 2.43%
FVD vs. USFR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FVD First Trust Value Line Dividend Index Fund | 3.30% | 8.16% | 10.04% | 4.11% | -5.18% | 25.08% | -0.02% | 26.58% | -3.49% | 12.51% |
USFR WisdomTree Floating Rate Treasury Fund | 1.78% | 4.23% | 5.47% | 5.18% | 1.98% | -0.03% | 0.56% | 2.02% | 2.01% | 1.03% |
Correlation
The correlation between FVD and USFR is -0.09, 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 | -0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.02 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Feb 4, 2014 | -0.00 |
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
FVD vs. USFR — Risk / Return Rank
FVD
USFR
FVD vs. USFR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Value Line Dividend Index Fund (FVD) 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.
| FVD | USFR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -13.63 | ||
| Sortino ratioReturn per unit of downside risk | -48.34 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 13.24 | -12.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.37 | 200.29 | -198.93 |
| Martin ratioReturn relative to average drawdown | 3.52 | 775.73 | -772.22 |
Loading charts...
Drawdowns
FVD vs. USFR - Drawdown Comparison
The maximum FVD drawdown since its inception was -51.00%, which is greater than USFR's maximum drawdown of -1.36%. Use the drawdown chart below to compare losses from any high point for FVD and USFR.
Loading charts...
Drawdown Indicators
| FVD | USFR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.00% | -1.36% | -49.64% |
Max Drawdown (1Y)Largest decline over 1 year | -7.23% | -0.02% | -7.21% |
Max Drawdown (3Y)Largest decline over 3 years | -11.97% | -0.06% | -11.91% |
Max Drawdown (5Y)Largest decline over 5 years | -16.41% | -0.18% | -16.23% |
Max Drawdown (10Y)Largest decline over 10 years | -35.25% | -0.80% | -34.45% |
Current DrawdownCurrent decline from peak | -4.95% | 0.00% | -4.95% |
Average DrawdownAverage peak-to-trough decline | -5.44% | -0.15% | -5.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.80% | 0.01% | +2.79% |
Volatility
FVD vs. USFR - Volatility Comparison
First Trust Value Line Dividend Index Fund (FVD) has a higher volatility of 3.12% compared to WisdomTree Floating Rate Treasury Fund (USFR) at 0.08%. This indicates that FVD'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
| FVD | USFR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.12% | 0.08% | +3.04% |
Volatility (6M)Calculated over the trailing 6-month period | 7.05% | 0.19% | +6.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.73% | 0.27% | +9.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.76% | 0.40% | +12.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.46% | 0.78% | +14.68% |
FVD vs. USFR - Expense Ratio Comparison
FVD has a 0.61% expense ratio, which is higher than USFR's 0.15% expense ratio.
Dividends
FVD vs. USFR - Dividend Comparison
FVD's dividend yield for the trailing twelve months is around 2.29%, less than USFR's 3.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FVD First Trust Value Line Dividend Index Fund | 2.29% | 2.36% | 2.23% | 2.34% | 2.20% | 1.75% | 2.31% | 2.03% | 2.50% | 2.10% | 2.04% | 2.34% |
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
FVD and USFR have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FVD has higher volatility (3.12%) compared to USFR (0.08%). In terms of maximum drawdown, FVD dropped -51.00% vs USFR's -1.36%.
On 10-year performance, FVD leads with 8.54% vs 2.43% 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 10-year period, FVD has performed better with a 8.54% return vs 2.43%. 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 0.61% for FVD.
USFR has the higher dividend yield at 3.91%, compared with 2.29% for FVD.
FVD is categorized as Mid Cap Value Equities, while USFR is Government Bonds. FVD tracks Value Line Dividend Index, while USFR tracks Bloomberg U.S. Treasury Floating Rate Bond Index. They also come from different issuers: First Trust and WisdomTree. Their fees differ too: 0.61% for FVD and 0.15% for USFR.
USFR currently has the higher Sharpe Ratio (14.65 vs 1.02), 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 FVD 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