SST vs. USFR

Last updated Apr 1, 2026

Compare and contrast key facts about System1 Inc (SST) and WisdomTree Bloomberg Floating Rate Treasury Fund (USFR).

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.

Performance

SST vs. USFR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in System1 Inc (SST) and WisdomTree Bloomberg Floating Rate Treasury Fund (USFR). The values are adjusted to include any dividend payments, if applicable.

SST vs. USFR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
SST System1 Inc	-22.96%	-56.36%	-59.54%	-52.67%	-52.91%	-7.69%	7.68%
USFR WisdomTree Bloomberg Floating Rate Treasury Fund	0.93%	4.23%	5.47%	5.18%	1.98%	-0.03%	-0.07%

Returns By Period

In the year-to-date period, SST achieves a -22.96% return, which is significantly lower than USFR's 0.93% return.

SST

• 1D: -3.82%
• 1M: -8.76%
• YTD: -22.96%
• 6M: -57.10%
• 1Y: -20.80%
• 3Y*: -58.74%
• 5Y*: -50.35%
• 10Y*: —

USFR

• 1D: 0.00%
• 1M: 0.27%
• YTD: 0.93%
• 6M: 2.02%
• 1Y: 4.10%
• 3Y*: 4.89%
• 5Y*: 3.52%
• 10Y*: 2.41%

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

Return for Risk

SST vs. USFR — Risk / Return Rank

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

SST

SST Risk / Return Rank: 46
SST Sharpe Ratio Rank: 36
SST Sortino Ratio Rank: 65
SST Omega Ratio Rank: 58
SST Calmar Ratio Rank: 35
SST Martin Ratio Rank: 35

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.

SST vs. USFR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for System1 Inc (SST) 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.

	SST	USFR	Difference
Sharpe ratio Return per unit of total volatility	-0.11	14.37	-14.48
Sortino ratio Return per unit of downside risk	1.40	42.77	-41.36
Omega ratio Gain probability vs. loss probability	1.15	10.64	-9.49
Calmar ratio Return relative to maximum drawdown	-0.22	103.73	-103.95
Martin ratio Return relative to average drawdown	-0.39	661.88	-662.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SST vs. USFR - Sharpe Ratio Comparison

The current SST Sharpe Ratio is -0.11, which is lower than the USFR Sharpe Ratio of 14.37. The chart below compares the historical Sharpe Ratios of SST and USFR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SST	USFR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.11	14.37	-14.48
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.43	8.63	-9.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	3.00	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.42	1.57	-1.99

Correlation

The correlation between SST and USFR is -0.00. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

SST vs. USFR - Dividend Comparison

SST has not paid dividends to shareholders, while USFR's dividend yield for the trailing twelve months is around 4.00%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
SST System1 Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
USFR WisdomTree Bloomberg Floating Rate Treasury Fund	4.00%	4.15%	5.17%	5.12%	1.78%	0.01%	0.40%	2.08%	1.67%	1.03%	0.29%

Drawdowns

SST vs. USFR - Drawdown Comparison

The maximum SST drawdown since its inception was -99.49%, which is greater than USFR's maximum drawdown of -1.36%. Use the drawdown chart below to compare losses from any high point for SST and USFR.

Drawdown Indicators

	SST	USFR	Difference
Max Drawdown Largest peak-to-trough decline	-99.49%	-1.36%	-98.13%
Max Drawdown (1Y) Largest decline over 1 year	-87.27%	-0.04%	-87.23%
Max Drawdown (5Y) Largest decline over 5 years	-99.49%	-0.18%	-99.31%
Max Drawdown (10Y) Largest decline over 10 years	—	-0.80%	—
Current Drawdown Current decline from peak	-98.87%	0.00%	-98.87%
Average Drawdown Average peak-to-trough decline	-65.66%	-0.16%	-65.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	48.91%	0.01%	+48.90%

Volatility

SST vs. USFR - Volatility Comparison

System1 Inc (SST) has a higher volatility of 98.27% compared to WisdomTree Bloomberg Floating Rate Treasury Fund (USFR) at 0.09%. This indicates that SST'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

	SST	USFR	Difference
Volatility (1M) Calculated over the trailing 1-month period	98.27%	0.09%	+98.18%
Volatility (6M) Calculated over the trailing 6-month period	108.89%	0.19%	+108.70%
Volatility (1Y) Calculated over the trailing 1-year period	192.12%	0.29%	+191.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	117.93%	0.41%	+117.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	111.16%	0.81%	+110.35%