SHV vs. USFR
Compare and contrast key facts about iShares Short Treasury Bond ETF (SHV) and WisdomTree Bloomberg Floating Rate Treasury Fund (USFR).
SHV and USFR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SHV is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. Short Treasury Bond Index. It was launched on Jan 11, 2007. USFR is a passively managed fund by WisdomTree that tracks the performance of the Bloomberg U.S. Treasury Floating Rate Bond Index. It was launched on Feb 4, 2014. Both SHV and USFR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SHV or USFR.
Correlation
The correlation between SHV and USFR is 0.18, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SHV vs. USFR - Performance Comparison
Key characteristics
SHV:
10.95
USFR:
16.22
SHV:
13.71
USFR:
54.26
SHV:
13.06
USFR:
14.09
SHV:
14.05
USFR:
84.95
SHV:
222.60
USFR:
741.34
SHV:
0.02%
USFR:
0.01%
SHV:
0.42%
USFR:
0.31%
SHV:
-0.46%
USFR:
-1.35%
SHV:
-0.33%
USFR:
0.00%
Returns By Period
In the year-to-date period, SHV achieves a 0.68% return, which is significantly lower than USFR's 1.06% return. Over the past 10 years, SHV has underperformed USFR with an annualized return of 1.75%, while USFR has yielded a comparatively higher 2.58% annualized return.
SHV
0.68%
0.01%
1.80%
4.57%
2.32%
1.75%
USFR
1.06%
0.30%
2.43%
5.03%
2.74%
2.58%
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SHV vs. USFR - Expense Ratio Comparison
Both SHV and USFR have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
SHV vs. USFR — Risk-Adjusted Performance Rank
SHV
USFR
SHV vs. USFR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Short Treasury Bond ETF (SHV) and WisdomTree Bloomberg 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.
Dividends
SHV vs. USFR - Dividend Comparison
SHV's dividend yield for the trailing twelve months is around 4.44%, less than USFR's 4.87% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHV iShares Short Treasury Bond ETF | 4.44% | 5.02% | 4.73% | 1.39% | 0.00% | 0.74% | 2.19% | 1.66% | 0.72% | 0.34% | 0.03% | 0.00% |
USFR WisdomTree Bloomberg Floating Rate Treasury Fund | 4.87% | 5.17% | 5.12% | 1.78% | 0.02% | 0.40% | 2.08% | 1.67% | 1.03% | 0.29% | 0.00% | 0.00% |
Drawdowns
SHV vs. USFR - Drawdown Comparison
The maximum SHV drawdown since its inception was -0.46%, smaller than the maximum USFR drawdown of -1.35%. Use the drawdown chart below to compare losses from any high point for SHV and USFR. For additional features, visit the drawdowns tool.
Volatility
SHV vs. USFR - Volatility Comparison
iShares Short Treasury Bond ETF (SHV) has a higher volatility of 0.35% compared to WisdomTree Bloomberg Floating Rate Treasury Fund (USFR) at 0.08%. This indicates that SHV'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.