HEAL vs. USFR
HEAL (Global X HealthTech ETF) and USFR (WisdomTree Floating Rate Treasury Fund) are both exchange-traded funds - HEAL is a Health & Biotech Equities fund tracking the Global X HealthTech 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 5 years, HEAL returned -14.64%/yr vs 3.71%/yr for USFR. At a correlation of -0.03, they often move in opposite directions. HEAL charges 0.50%/yr vs 0.15%/yr for USFR.
Performance
HEAL vs. USFR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HEAL achieves a -10.37% return, which is significantly lower than USFR's 1.82% return.
HEAL
- 1D
- 1.49%
- 1M
- 5.54%
- YTD
- -10.37%
- 6M
- -12.67%
- 1Y
- -16.13%
- 3Y*
- -8.12%
- 5Y*
- -14.64%
- 10Y*
- —
USFR
- 1D
- 0.04%
- 1M
- 0.33%
- YTD
- 1.82%
- 6M
- 1.92%
- 1Y
- 3.99%
- 3Y*
- 4.74%
- 5Y*
- 3.71%
- 10Y*
- 2.43%
HEAL vs. USFR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
HEAL Global X HealthTech ETF | -10.37% | -0.62% | -2.87% | -12.61% | -29.99% | -14.21% | 16.89% |
USFR WisdomTree Floating Rate Treasury Fund | 1.82% | 4.23% | 5.47% | 5.18% | 1.98% | -0.03% | 0.01% |
Correlation
The correlation between HEAL and USFR is -0.13, 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 | -0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.03 |
Correlation (All Time) Calculated using the full available price history since Jul 30, 2020 | -0.03 |
The correlation between HEAL and USFR shifts across timeframes, from -0.13 (1 year) to -0.03 (all time), reflecting how their relationship changes across market environments.
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
HEAL vs. USFR — Risk / Return Rank
HEAL
USFR
HEAL vs. USFR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X HealthTech ETF (HEAL) 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.
| HEAL | USFR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -15.40 | ||
| Sortino ratioReturn per unit of downside risk | -51.08 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 13.31 | -12.41 |
| Calmar ratioReturn relative to maximum drawdown | -0.53 | 201.33 | -201.86 |
| Martin ratioReturn relative to average drawdown | -1.01 | 779.76 | -780.77 |
Loading charts...
Drawdowns
HEAL vs. USFR - Drawdown Comparison
The maximum HEAL drawdown since its inception was -65.76%, which is greater than USFR's maximum drawdown of -1.36%. Use the drawdown chart below to compare losses from any high point for HEAL and USFR.
Loading charts...
Drawdown Indicators
| HEAL | USFR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.76% | -1.36% | -64.40% |
Max Drawdown (1Y)Largest decline over 1 year | -30.71% | -0.02% | -30.69% |
Max Drawdown (3Y)Largest decline over 3 years | -35.78% | -0.06% | -35.72% |
Max Drawdown (5Y)Largest decline over 5 years | -60.36% | -0.18% | -60.18% |
Max Drawdown (10Y)Largest decline over 10 years | — | -0.80% | — |
Current DrawdownCurrent decline from peak | -61.31% | 0.00% | -61.31% |
Average DrawdownAverage peak-to-trough decline | -43.20% | -0.15% | -43.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.98% | 0.01% | +15.97% |
Volatility
HEAL vs. USFR - Volatility Comparison
Global X HealthTech ETF (HEAL) has a higher volatility of 7.26% compared to WisdomTree Floating Rate Treasury Fund (USFR) at 0.09%. This indicates that HEAL'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
| HEAL | USFR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.26% | 0.09% | +7.17% |
Volatility (6M)Calculated over the trailing 6-month period | 16.63% | 0.19% | +16.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.43% | 0.27% | +22.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.46% | 0.40% | +26.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.28% | 0.78% | +25.50% |
HEAL vs. USFR - Expense Ratio Comparison
HEAL has a 0.50% expense ratio, which is higher than USFR's 0.15% expense ratio.
Dividends
HEAL vs. USFR - Dividend Comparison
HEAL's dividend yield for the trailing twelve months is around 0.37%, less than USFR's 3.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
HEAL Global X HealthTech ETF | 0.37% | 0.33% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% |
USFR WisdomTree Floating Rate Treasury Fund | 3.90% | 4.15% | 5.17% | 5.12% | 1.78% | 0.01% | 0.40% | 2.08% | 1.67% | 1.03% | 0.29% |
Frequently Asked Questions
HEAL and USFR have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HEAL has higher volatility (7.26%) compared to USFR (0.09%). In terms of maximum drawdown, HEAL dropped -65.76% vs USFR's -1.36%.
On 5-year performance, USFR leads with 3.71% vs -14.64% for HEAL. On fees, USFR is cheaper at 0.15% per year. On volatility, USFR has been the lower-risk option at 0.09%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, USFR has performed better with a 3.71% return vs -14.64%. 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 0.50% for HEAL.
USFR has the higher dividend yield at 3.90%, compared with 0.37% for HEAL.
HEAL is categorized as Health & Biotech Equities, while USFR is Government Bonds. HEAL tracks Global X HealthTech Index, while USFR tracks Bloomberg U.S. Treasury Floating Rate Bond Index. They also come from different issuers: Global X and WisdomTree. Their fees differ too: 0.50% for HEAL and 0.15% for USFR.
USFR currently has the higher Sharpe Ratio (14.67 vs -0.73), 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 HEAL 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