PTL vs. USFR

Last updated Jul 15, 2026

PTL (Inspire 500 ETF) and USFR (WisdomTree Floating Rate Treasury Fund) are both exchange-traded funds - PTL is a Large Cap Blend Equities fund tracking the Inspire 500 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 year, PTL returned 22.46% vs 4.00% for USFR. At a correlation of -0.05, they often move in opposite directions. PTL charges 0.09%/yr vs 0.15%/yr for USFR.

Performance

PTL vs. USFR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Inspire 500 ETF (PTL) 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, PTL achieves a 14.62% return, which is significantly higher than USFR's 2.07% return.

PTL

• 1D: 0.64%
• 1M: 0.20%
• 6M: 9.98%
• YTD: 14.62%
• 1Y: 22.46%
• 3Y*: —
• 5Y*: —
• 10Y*: —

USFR

• 1D: 0.02%
• 1M: 0.34%
• 6M: 1.94%
• YTD: 2.07%
• 1Y: 4.00%
• 3Y*: 4.72%
• 5Y*: 3.76%
• 10Y*: 2.50%

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

PTL vs. USFR - Yearly Performance Comparison

	2026 (YTD)	2025	2024
PTL Inspire 500 ETF	14.62%	17.92%	7.22%
USFR WisdomTree Floating Rate Treasury Fund	2.07%	4.23%	4.05%

Correlation

The correlation between PTL and USFR is -0.17, 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	-0.17
Correlation (All Time) Calculated using the full available price history since Mar 26, 2024	-0.05

The correlation between PTL and USFR shifts across timeframes, from -0.17 (1 year) to -0.05 (all time), reflecting how their relationship changes across market environments.

Return for Risk

PTL vs. USFR — Risk / Return Rank

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

PTL

PTL Risk / Return Rank: 59
PTL Sharpe Ratio Rank: 52
PTL Sortino Ratio Rank: 50
PTL Omega Ratio Rank: 49
PTL Calmar Ratio Rank: 74
PTL Martin Ratio Rank: 69

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.

PTL vs. USFR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Inspire 500 ETF (PTL) 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.

	PTL	USFR	Difference
Sharpe ratio: Return per unit of total volatility	1.44	14.93	-13.50
Sortino ratio: Return per unit of downside risk	2.00	51.92	-49.92
Omega ratio: Gain probability vs. loss probability	1.25	14.15	-12.89
Calmar ratio: Return relative to maximum drawdown	2.98	201.66	-198.68
Martin ratio: Return relative to average drawdown	9.86	805.42	-795.56

PTL vs. USFR - Sharpe Ratio Comparison

The current PTL Sharpe Ratio is 1.44, which is lower than the USFR Sharpe Ratio of 14.93. The chart below compares the historical Sharpe Ratios of PTL 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

PTL vs. USFR - Drawdown Comparison

The maximum PTL drawdown since its inception was -19.72%, which is greater than USFR's maximum drawdown of -1.36%. Use the drawdown chart below to compare losses from any high point for PTL and USFR.

Drawdown Indicators

	PTL	USFR	Difference
Max Drawdown Largest peak-to-trough decline	-19.72%	-1.36%	-18.36%
Max Drawdown (1Y) Largest decline over 1 year	-7.57%	-0.02%	-7.55%
Max Drawdown (3Y) Largest decline over 3 years	—	-0.06%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-0.18%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-0.80%	—
Current Drawdown Current decline from peak	-2.90%	0.00%	-2.90%
Average Drawdown Average peak-to-trough decline	-2.49%	-0.15%	-2.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.28%	0.00%	+2.28%

Volatility

PTL vs. USFR - Volatility Comparison

Inspire 500 ETF (PTL) has a higher volatility of 4.48% compared to WisdomTree Floating Rate Treasury Fund (USFR) at 0.07%. This indicates that PTL'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

	PTL	USFR	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.48%	0.07%	+4.41%
Volatility (6M) Calculated over the trailing 6-month period	12.16%	0.19%	+11.97%
Volatility (1Y) Calculated over the trailing 1-year period	15.72%	0.27%	+15.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.78%	0.39%	+17.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.78%	0.77%	+17.01%

PTL vs. USFR - Expense Ratio Comparison

PTL has a 0.09% expense ratio, which is lower than USFR's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

PTL vs. USFR - Dividend Comparison

PTL's dividend yield for the trailing twelve months is around 1.14%, less than USFR's 3.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
PTL Inspire 500 ETF	1.14%	1.24%	0.92%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
USFR WisdomTree Floating Rate Treasury Fund	3.83%	4.15%	5.17%	5.12%	1.78%	0.01%	0.40%	2.08%	1.67%	1.03%	0.29%

Frequently Asked Questions

Can I hold both PTL and USFR in my portfolio?

PTL and USFR have a correlation of -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PTL or USFR?

PTL has higher volatility (4.48%) compared to USFR (0.07%). In terms of maximum drawdown, PTL dropped -19.72% vs USFR's -1.36%.

Which ETF is better, PTL or USFR?

On 1-year performance, PTL leads with 22.46% vs 4.00% for USFR. On fees, PTL is cheaper at 0.09% per year. On volatility, USFR has been the lower-risk option at 0.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PTL or USFR?

Over the 1-year period, PTL has performed better with a 22.46% return vs 4.00%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PTL or USFR?

PTL is cheaper with a 0.09% expense ratio, compared with 0.15% for USFR.

Which ETF pays a higher dividend yield, PTL or USFR?

USFR has the higher dividend yield at 3.83%, compared with 1.14% for PTL.

What is the main difference between PTL and USFR?

PTL is categorized as Large Cap Blend Equities, while USFR is Government Bonds. PTL tracks Inspire 500 Index, while USFR tracks Bloomberg U.S. Treasury Floating Rate Bond Index. They also come from different issuers: Inspire and WisdomTree. Their fees differ too: 0.09% for PTL and 0.15% for USFR.

Which has better risk-adjusted returns?

USFR currently has the higher Sharpe Ratio (14.93 vs 1.44), 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.