USFR.L vs. ISTB
Compare and contrast key facts about WisdomTree USD Floating Rate Treasury Bond UCITS ETF USD (USFR.L) and iShares Core 1-5 Year USD Bond ETF (ISTB).
USFR.L and ISTB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. USFR.L is a passively managed fund by WisdomTree that tracks the performance of the Bloomberg US Government TR USD. It was launched on Mar 21, 2019. ISTB is a passively managed fund by iShares that tracks the performance of the Barclays U.S. Government/Credit 1-5 Year Bond Index. It was launched on Oct 18, 2012. Both USFR.L and ISTB 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: USFR.L or ISTB.
Key characteristics
| USFR.L | ISTB | |
|---|---|---|
| YTD Return | 4.73% | 3.96% |
| 1Y Return | 5.28% | 7.12% |
| 3Y Return (Ann) | 3.92% | 0.99% |
| 5Y Return (Ann) | 2.46% | 1.53% |
| Sharpe Ratio | 2.69 | 2.69 |
| Sortino Ratio | 3.93 | 4.27 |
| Omega Ratio | 1.72 | 1.55 |
| Calmar Ratio | 8.21 | 1.49 |
| Martin Ratio | 31.97 | 14.89 |
| Ulcer Index | 0.16% | 0.49% |
| Daily Std Dev | 1.94% | 2.69% |
| Max Drawdown | -2.99% | -9.34% |
| Current Drawdown | 0.00% | -1.10% |
Correlation
The correlation between USFR.L and ISTB is 0.04, 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
USFR.L vs. ISTB - Performance Comparison
In the year-to-date period, USFR.L achieves a 4.73% return, which is significantly higher than ISTB's 3.96% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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USFR.L vs. ISTB - Expense Ratio Comparison
USFR.L has a 0.15% expense ratio, which is higher than ISTB's 0.06% expense ratio. However, 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
USFR.L vs. ISTB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree USD Floating Rate Treasury Bond UCITS ETF USD (USFR.L) and iShares Core 1-5 Year USD Bond ETF (ISTB). 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
USFR.L vs. ISTB - Dividend Comparison
USFR.L's dividend yield for the trailing twelve months is around 5.27%, more than ISTB's 3.73% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
USFR.L WisdomTree USD Floating Rate Treasury Bond UCITS ETF USD | 5.27% | 4.58% | 0.78% | 0.00% | 0.57% | 1.09% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ISTB iShares Core 1-5 Year USD Bond ETF | 3.73% | 2.97% | 2.01% | 1.69% | 2.20% | 2.75% | 2.57% | 2.07% | 1.90% | 1.58% | 1.07% | 0.60% |
Drawdowns
USFR.L vs. ISTB - Drawdown Comparison
The maximum USFR.L drawdown since its inception was -2.99%, smaller than the maximum ISTB drawdown of -9.34%. Use the drawdown chart below to compare losses from any high point for USFR.L and ISTB. For additional features, visit the drawdowns tool.
Volatility
USFR.L vs. ISTB - Volatility Comparison
The current volatility for WisdomTree USD Floating Rate Treasury Bond UCITS ETF USD (USFR.L) is 0.49%, while iShares Core 1-5 Year USD Bond ETF (ISTB) has a volatility of 0.61%. This indicates that USFR.L experiences smaller price fluctuations and is considered to be less risky than ISTB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.