SCHR vs. USFR
SCHR (Schwab Intermediate-Term U.S. Treasury ETF) and USFR (WisdomTree Floating Rate Treasury Fund) are both Government Bonds funds - SCHR tracks the Bloomberg US Treasury 3-10 Year Index while USFR tracks the Bloomberg U.S. Treasury Floating Rate Bond Index. Both are passively managed. Over the past 10 years, SCHR returned 1.23%/yr vs 2.47%/yr for USFR. At a 0.01 correlation, their price movements are largely independent. SCHR charges 0.05%/yr vs 0.15%/yr for USFR.
Performance
SCHR vs. USFR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SCHR achieves a -0.43% return, which is significantly lower than USFR's 1.60% return. Over the past 10 years, SCHR has underperformed USFR with an annualized return of 1.23%, while USFR has yielded a comparatively higher 2.47% annualized return.
SCHR
- 1D
- -0.16%
- 1M
- -0.15%
- YTD
- -0.43%
- 6M
- -0.59%
- 1Y
- 3.55%
- 3Y*
- 3.41%
- 5Y*
- 0.05%
- 10Y*
- 1.23%
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%
SCHR vs. USFR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SCHR Schwab Intermediate-Term U.S. Treasury ETF | -0.43% | 7.33% | 1.42% | 4.27% | -10.58% | -2.62% | 7.72% | 6.18% | 1.46% | 1.59% |
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 SCHR and USFR is -0.00, 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 | -0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.05 |
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 5, 2014 | 0.01 |
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
SCHR vs. USFR — Risk / Return Rank
SCHR
USFR
SCHR vs. USFR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Intermediate-Term U.S. Treasury ETF (SCHR) 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.
| SCHR | USFR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -14.07 | ||
| Sortino ratioReturn per unit of downside risk | -49.07 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 13.43 | -12.25 |
| Calmar ratioReturn relative to maximum drawdown | 1.27 | 203.42 | -202.14 |
| Martin ratioReturn relative to average drawdown | 3.82 | 787.84 | -784.02 |
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
| SCHR | USFR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.04 | 15.11 | -14.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.01 | 9.26 | -9.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.28 | 3.07 | -2.80 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 1.60 | -1.16 |
Drawdowns
SCHR vs. USFR - Drawdown Comparison
The maximum SCHR drawdown since its inception was -16.11%, which is greater than USFR's maximum drawdown of -1.36%. Use the drawdown chart below to compare losses from any high point for SCHR and USFR.
Loading charts...
Drawdown Indicators
| SCHR | USFR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.11% | -1.36% | -14.75% |
Max Drawdown (1Y)Largest decline over 1 year | -2.79% | -0.02% | -2.77% |
Max Drawdown (3Y)Largest decline over 3 years | -4.35% | -0.06% | -4.29% |
Max Drawdown (5Y)Largest decline over 5 years | -15.07% | -0.18% | -14.89% |
Max Drawdown (10Y)Largest decline over 10 years | -16.11% | -0.80% | -15.31% |
Current DrawdownCurrent decline from peak | -2.37% | 0.00% | -2.37% |
Average DrawdownAverage peak-to-trough decline | -3.64% | -0.16% | -3.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.93% | 0.01% | +0.92% |
Volatility
SCHR vs. USFR - Volatility Comparison
Schwab Intermediate-Term U.S. Treasury ETF (SCHR) has a higher volatility of 1.08% compared to WisdomTree Floating Rate Treasury Fund (USFR) at 0.06%. This indicates that SCHR'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
| SCHR | USFR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.08% | 0.06% | +1.02% |
Volatility (6M)Calculated over the trailing 6-month period | 2.35% | 0.18% | +2.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.43% | 0.27% | +3.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.38% | 0.40% | +4.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.47% | 0.81% | +3.66% |
SCHR vs. USFR - Expense Ratio Comparison
SCHR has a 0.05% 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
SCHR vs. USFR - Dividend Comparison
SCHR's dividend yield for the trailing twelve months is around 3.92%, which matches USFR's 3.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHR Schwab Intermediate-Term U.S. Treasury ETF | 3.92% | 3.85% | 3.77% | 3.16% | 2.02% | 1.00% | 1.62% | 2.31% | 2.11% | 1.65% | 1.45% | 1.56% |
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
SCHR and USFR have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SCHR has higher volatility (1.08%) compared to USFR (0.06%). In terms of maximum drawdown, SCHR dropped -16.11% vs USFR's -1.36%.
On 10-year performance, USFR leads with 2.47% vs 1.23% for SCHR. On fees, SCHR is cheaper at 0.05% 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, USFR has performed better with a 2.47% return vs 1.23%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHR is cheaper with a 0.05% expense ratio, compared with 0.15% for USFR.
SCHR and USFR have nearly identical dividend yields, around 3.92%.
SCHR tracks Bloomberg US Treasury 3-10 Year 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: 0.05% for SCHR and 0.15% for USFR.
USFR currently has the higher Sharpe Ratio (15.11 vs 1.04), 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 SCHR 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