Correlation
The correlation between TAGG 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.
TAGG vs. USFR
Compare and contrast key facts about T. Rowe Price QM U.S. Bond ETF (TAGG) and WisdomTree Bloomberg Floating Rate Treasury Fund (USFR).
TAGG and USFR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TAGG is an actively managed fund by T. Rowe Price. It was launched on Sep 28, 2021. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TAGG or USFR.
Performance
TAGG vs. USFR - Performance Comparison
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Key characteristics
TAGG:
0.99
USFR:
15.08
TAGG:
1.35
USFR:
45.77
TAGG:
1.16
USFR:
11.35
TAGG:
0.52
USFR:
81.14
TAGG:
2.28
USFR:
637.60
TAGG:
2.29%
USFR:
0.01%
TAGG:
5.80%
USFR:
0.32%
TAGG:
-17.25%
USFR:
-1.36%
TAGG:
-4.75%
USFR:
0.00%
Returns By Period
In the year-to-date period, TAGG achieves a 2.13% return, which is significantly higher than USFR's 1.75% return.
TAGG
2.13%
-0.90%
0.78%
5.70%
1.15%
N/A
N/A
USFR
1.75%
0.40%
2.22%
4.79%
4.70%
2.86%
1.99%
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TAGG vs. USFR - Expense Ratio Comparison
TAGG has a 0.08% 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%.
Risk-Adjusted Performance
TAGG vs. USFR — Risk-Adjusted Performance Rank
TAGG
USFR
TAGG vs. USFR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price QM U.S. Bond ETF (TAGG) 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.
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Dividends
TAGG vs. USFR - Dividend Comparison
TAGG's dividend yield for the trailing twelve months is around 4.26%, less than USFR's 4.68% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
TAGG T. Rowe Price QM U.S. Bond ETF | 4.26% | 4.36% | 3.48% | 3.67% | 0.33% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
USFR WisdomTree Bloomberg Floating Rate Treasury Fund | 4.68% | 5.17% | 5.12% | 1.78% | 0.01% | 0.40% | 2.08% | 1.67% | 1.03% | 0.29% |
Drawdowns
TAGG vs. USFR - Drawdown Comparison
The maximum TAGG drawdown since its inception was -17.25%, which is greater than USFR's maximum drawdown of -1.36%. Use the drawdown chart below to compare losses from any high point for TAGG and USFR.
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Volatility
TAGG vs. USFR - Volatility Comparison
T. Rowe Price QM U.S. Bond ETF (TAGG) has a higher volatility of 1.52% compared to WisdomTree Bloomberg Floating Rate Treasury Fund (USFR) at 0.10%. This indicates that TAGG'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.
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