SCHD vs. USFR
SCHD (Schwab U.S. Dividend Equity ETF) and USFR (WisdomTree Floating Rate Treasury Fund) are both exchange-traded funds - SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 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, SCHD returned 12.77%/yr vs 2.47%/yr for USFR. At a 0.00 correlation, their price movements are largely independent. SCHD charges 0.06%/yr vs 0.15%/yr for USFR.
Performance
SCHD vs. USFR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SCHD achieves a 19.01% return, which is significantly higher than USFR's 1.60% return. Over the past 10 years, SCHD has outperformed USFR with an annualized return of 12.77%, while USFR has yielded a comparatively lower 2.47% annualized return.
SCHD
- 1D
- 0.00%
- 1M
- 2.70%
- YTD
- 19.01%
- 6M
- 18.63%
- 1Y
- 27.16%
- 3Y*
- 15.09%
- 5Y*
- 8.36%
- 10Y*
- 12.77%
USFR
- 1D
- 0.02%
- 1M
- 0.29%
- YTD
- 1.60%
- 6M
- 1.98%
- 1Y
- 4.03%
- 3Y*
- 4.76%
- 5Y*
- 3.66%
- 10Y*
- 2.47%
SCHD vs. USFR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SCHD Schwab U.S. Dividend Equity ETF | 19.01% | 4.34% | 11.66% | 4.54% | -3.26% | 29.87% | 15.03% | 27.29% | -5.56% | 20.85% |
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 SCHD and USFR is -0.08, 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 | -0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.02 |
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 | 0.00 |
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
SCHD vs. USFR — Risk / Return Rank
SCHD
USFR
SCHD vs. USFR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Dividend Equity ETF (SCHD) 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.
| SCHD | USFR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -12.62 | ||
| Sortino ratioReturn per unit of downside risk | -46.78 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 13.43 | -11.98 |
| Calmar ratioReturn relative to maximum drawdown | 5.91 | 203.42 | -197.51 |
| Martin ratioReturn relative to average drawdown | 14.53 | 787.84 | -773.31 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SCHD | USFR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.49 | 15.11 | -12.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 9.26 | -8.68 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.77 | 3.07 | -2.31 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.86 | 1.60 | -0.74 |
Drawdowns
SCHD vs. USFR - Drawdown Comparison
The maximum SCHD drawdown since its inception was -33.37%, which is greater than USFR's maximum drawdown of -1.36%. Use the drawdown chart below to compare losses from any high point for SCHD and USFR.
Loading charts...
Drawdown Indicators
| SCHD | USFR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.37% | -1.36% | -32.01% |
Max Drawdown (1Y)Largest decline over 1 year | -4.61% | -0.02% | -4.59% |
Max Drawdown (3Y)Largest decline over 3 years | -16.13% | -0.06% | -16.07% |
Max Drawdown (5Y)Largest decline over 5 years | -16.85% | -0.18% | -16.67% |
Max Drawdown (10Y)Largest decline over 10 years | -33.37% | -0.80% | -32.57% |
Current DrawdownCurrent decline from peak | -1.40% | 0.00% | -1.40% |
Average DrawdownAverage peak-to-trough decline | -3.32% | -0.16% | -3.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.88% | 0.01% | +1.87% |
Volatility
SCHD vs. USFR - Volatility Comparison
Schwab U.S. Dividend Equity ETF (SCHD) has a higher volatility of 2.66% compared to WisdomTree Floating Rate Treasury Fund (USFR) at 0.06%. This indicates that SCHD'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
| SCHD | USFR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.66% | 0.06% | +2.60% |
Volatility (6M)Calculated over the trailing 6-month period | 7.66% | 0.18% | +7.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.96% | 0.27% | +10.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.38% | 0.40% | +13.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.72% | 0.81% | +15.91% |
SCHD vs. USFR - Expense Ratio Comparison
SCHD has a 0.06% 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
SCHD vs. USFR - Dividend Comparison
SCHD's dividend yield for the trailing twelve months is around 3.26%, less than USFR's 3.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHD Schwab U.S. Dividend Equity ETF | 3.26% | 3.82% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% |
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
SCHD and USFR have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SCHD has higher volatility (2.66%) compared to USFR (0.06%). In terms of maximum drawdown, SCHD dropped -33.37% vs USFR's -1.36%.
On 10-year performance, SCHD leads with 12.77% vs 2.47% for USFR. On fees, SCHD is cheaper at 0.06% 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, SCHD has performed better with a 12.77% return vs 2.47%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHD is cheaper with a 0.06% expense ratio, compared with 0.15% for USFR.
USFR has the higher dividend yield at 3.91%, compared with 3.26% for SCHD.
SCHD is categorized as Dividend, while USFR is Government Bonds. SCHD tracks Dow Jones U.S. Dividend 100 Index, while USFR tracks Bloomberg U.S. Treasury Floating Rate Bond Index. They also come from different issuers: Charles Schwab and WisdomTree. Their fees differ too: 0.06% for SCHD and 0.15% for USFR.
USFR currently has the higher Sharpe Ratio (15.11 vs 2.49), 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 SCHD 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