NKE vs. USFR

Last updated Jun 25, 2026

NKE (NIKE, Inc.) is a stock, while USFR (WisdomTree Floating Rate Treasury Fund) is Government Bonds fund tracking the Bloomberg U.S. Treasury Floating Rate Bond Index. Over the past 10 years, NKE returned -0.91%/yr vs 2.43%/yr for USFR. At a 0.00 correlation, their price movements are largely independent.

Performance

NKE vs. USFR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NIKE, Inc. (NKE) and WisdomTree Floating Rate Treasury Fund (USFR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NKE achieves a -33.33% return, which is significantly lower than USFR's 1.82% return. Over the past 10 years, NKE has underperformed USFR with an annualized return of -0.91%, while USFR has yielded a comparatively higher 2.43% annualized return.

NKE

• 1D: -1.32%
• 1M: -5.54%
• YTD: -33.33%
• 6M: -29.21%
• 1Y: -30.04%
• 3Y*: -25.92%
• 5Y*: -21.70%
• 10Y*: -0.91%

USFR

• 1D: 0.00%
• 1M: 0.33%
• YTD: 1.82%
• 6M: 1.92%
• 1Y: 3.99%
• 3Y*: 4.74%
• 5Y*: 3.72%
• 10Y*: 2.43%

*Multi-year figures are annualized to reflect compound growth (CAGR)

NKE vs. USFR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NKE NIKE, Inc.	-33.33%	-13.83%	-29.11%	-6.01%	-29.04%	18.70%	40.97%	38.09%	19.87%	24.70%
USFR WisdomTree Floating Rate Treasury Fund	1.82%	4.23%	5.47%	5.18%	1.98%	-0.03%	0.56%	2.02%	2.01%	1.03%

Correlation

The correlation between NKE 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	-0.03
Correlation (5Y) Calculated over the trailing 5-year period	-0.03
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

The correlation between NKE and USFR shifts across timeframes, from -0.13 (1 year) to 0.00 (all time), reflecting how their relationship changes across market environments.

Return for Risk

NKE vs. USFR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NKE

NKE Risk / Return Rank: 14
NKE Sharpe Ratio Rank: 10
NKE Sortino Ratio Rank: 12
NKE Omega Ratio Rank: 12
NKE Calmar Ratio Rank: 19
NKE Martin Ratio Rank: 16

USFR

USFR Risk / Return Rank: 100
USFR Sharpe Ratio Rank: 100
USFR Sortino Ratio Rank: 100
USFR Omega Ratio Rank: 100
USFR Calmar Ratio Rank: 100
USFR Martin Ratio Rank: 100

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.

NKE vs. USFR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NIKE, Inc. (NKE) 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.

	NKE	USFR	Difference
Sharpe ratio: Return per unit of total volatility	-0.78	14.67	-15.45
Sortino ratio: Return per unit of downside risk	-1.01	50.13	-51.14
Omega ratio: Gain probability vs. loss probability	0.87	13.31	-12.44
Calmar ratio: Return relative to maximum drawdown	-0.65	201.33	-201.99
Martin ratio: Return relative to average drawdown	-1.18	779.76	-780.95

NKE vs. USFR - Sharpe Ratio Comparison

The current NKE Sharpe Ratio is -0.78, which is lower than the USFR Sharpe Ratio of 14.67. The chart below compares the historical Sharpe Ratios of NKE and USFR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NKE vs. USFR - Drawdown Comparison

The maximum NKE drawdown since its inception was -75.19%, which is greater than USFR's maximum drawdown of -1.36%. Use the drawdown chart below to compare losses from any high point for NKE and USFR.

Drawdown Indicators

	NKE	USFR	Difference
Max Drawdown Largest peak-to-trough decline	-75.19%	-1.36%	-73.83%
Max Drawdown (1Y) Largest decline over 1 year	-46.18%	-0.02%	-46.16%
Max Drawdown (3Y) Largest decline over 3 years	-64.21%	-0.06%	-64.15%
Max Drawdown (5Y) Largest decline over 5 years	-74.64%	-0.18%	-74.46%
Max Drawdown (10Y) Largest decline over 10 years	-74.64%	-0.80%	-73.84%
Current Drawdown Current decline from peak	-74.45%	0.00%	-74.45%
Average Drawdown Average peak-to-trough decline	-20.96%	-0.15%	-20.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	25.41%	0.01%	+25.40%

Volatility

NKE vs. USFR - Volatility Comparison

NIKE, Inc. (NKE) has a higher volatility of 11.17% compared to WisdomTree Floating Rate Treasury Fund (USFR) at 0.09%. This indicates that NKE'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.

Volatility by Period

	NKE	USFR	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.17%	0.09%	+11.08%
Volatility (6M) Calculated over the trailing 6-month period	27.65%	0.19%	+27.46%
Volatility (1Y) Calculated over the trailing 1-year period	38.51%	0.27%	+38.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.01%	0.40%	+35.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.34%	0.78%	+31.56%

Dividends

NKE vs. USFR - Dividend Comparison

NKE's dividend yield for the trailing twelve months is around 3.90%, which matches USFR's 3.90% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NKE NIKE, Inc.	3.90%	2.53%	2.00%	1.28%	1.07%	0.68%	0.71%	0.89%	1.11%	1.18%	1.30%	0.93%
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%	0.00%

Frequently Asked Questions

Can I hold both NKE and USFR in my portfolio?

NKE 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.

Which is riskier, NKE or USFR?

NKE has higher volatility (11.17%) compared to USFR (0.09%). In terms of maximum drawdown, NKE dropped -75.19% vs USFR's -1.36%.

Which has better risk-adjusted returns?

USFR currently has the higher Sharpe Ratio (14.67 vs -0.78), 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.