USFR vs. VGLT
USFR (WisdomTree Floating Rate Treasury Fund) and VGLT (Vanguard Long-Term Treasury ETF) are both Government Bonds funds - USFR tracks the Bloomberg U.S. Treasury Floating Rate Bond Index while VGLT tracks the Bloomberg U.S. Long Treasury Index. Both are passively managed. Over the past 10 years, USFR returned 2.48%/yr vs -1.64%/yr for VGLT. Their -0.01 correlation means they have often moved in opposite directions in the past. USFR charges 0.15%/yr vs 0.03%/yr for VGLT.
Performance
USFR vs. VGLT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, USFR achieves a 2.29% return, which is significantly higher than VGLT's -2.15% return. Over the past 10 years, USFR has outperformed VGLT with an annualized return of 2.48%, while VGLT has yielded a comparatively lower -1.64% annualized return.
USFR
- 1D
- 0.00%
- 1M
- 0.36%
- 6M
- 1.89%
- YTD
- 2.29%
- 1Y
- 3.97%
- 3Y*
- 4.68%
- 5Y*
- 3.81%
- 10Y*
- 2.48%
- ALL TIME*
- 1.98%
VGLT
- 1D
- 0.78%
- 1M
- -2.40%
- 6M
- -1.94%
- YTD
- -2.15%
- 1Y
- -0.79%
- 3Y*
- 0.21%
- 5Y*
- -6.97%
- 10Y*
- -1.64%
- ALL TIME*
- 2.33%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $352.79M | $265.75M | $249.59M | |
| $99.45M | $99.43M | $109.17M |
USFR vs. VGLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
USFR WisdomTree Floating Rate Treasury Fund | 2.29% | 4.23% | 5.47% | 5.18% | 1.98% | -0.03% | 0.56% | 2.02% | 2.01% | 1.03% |
VGLT Vanguard Long-Term Treasury ETF | -2.15% | 5.35% | -6.28% | 3.27% | -29.34% | -4.98% | 17.57% | 14.30% | -1.54% | 8.64% |
Correlation
The correlation between USFR and VGLT is -0.13, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.13 |
Correlation (3Y) Balances recent behavior with more history. | -0.10 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.00 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.00 |
Correlation (All Time) Calculated using the full available price history since Feb 4, 2014 | -0.01 |
The correlation between USFR and VGLT shifts across timeframes, from -0.13 (1 year) to 0.00 (10 years), reflecting how their relationship changes across market environments.
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
USFR vs. VGLT — Risk / Return Rank
USFR
VGLT
USFR vs. VGLT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Floating Rate Treasury Fund (USFR) and Vanguard Long-Term Treasury ETF (VGLT). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| USFR | VGLT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +14.74 | ||
| Sortino ratioReturn per unit of downside risk | +51.68 | ||
| Omega ratioGain probability vs. loss probability | 14.07 | 0.99 | +13.08 |
| Calmar ratioReturn relative to maximum drawdown | 200.37 | -0.11 | +200.48 |
| Martin ratioReturn relative to average drawdown | 800.41 | -0.24 | +800.66 |
Loading charts...
Drawdowns
USFR vs. VGLT - Drawdown Comparison
The maximum USFR drawdown since its inception was -1.36%, smaller than the maximum VGLT drawdown of -46.18%. Use the drawdown chart below to compare losses from any high point for USFR and VGLT.
Loading charts...
Drawdown Indicators
| USFR | VGLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.36% | -46.18% | +44.82% |
Max Drawdown (1Y)Largest decline over 1 year | -0.02% | -7.03% | +7.01% |
Max Drawdown (3Y)Largest decline over 3 years | -0.06% | -13.38% | +13.32% |
Max Drawdown (5Y)Largest decline over 5 years | -0.18% | -40.98% | +40.80% |
Max Drawdown (10Y)Largest decline over 10 years | -0.80% | -46.18% | +45.38% |
Current DrawdownCurrent decline from peak | 0.00% | -37.93% | +37.93% |
Average DrawdownAverage peak-to-trough decline | -0.15% | -15.28% | +15.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.00% | 3.24% | -3.24% |
Volatility
USFR vs. VGLT - Volatility Comparison
The current volatility for WisdomTree Floating Rate Treasury Fund (USFR) is 0.09%, while Vanguard Long-Term Treasury ETF (VGLT) has a volatility of 2.48%. This indicates that USFR experiences smaller price fluctuations and is considered to be less risky than VGLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| USFR | VGLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.09% | 2.48% | -2.39% |
Volatility (6M)Calculated over the trailing 6-month period | 0.20% | 6.36% | -6.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.27% | 8.41% | -8.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.39% | 14.46% | -14.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.76% | 13.74% | -12.98% |
USFR vs. VGLT - Expense Ratio Comparison
USFR has a 0.15% expense ratio, which is higher than VGLT's 0.03% 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%.
Dividends
USFR vs. VGLT - Dividend Comparison
USFR's dividend yield for the trailing twelve months is around 3.79%, less than VGLT's 4.74% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
USFR WisdomTree Floating Rate Treasury Fund | 3.79% | 4.15% | 5.17% | 5.12% | 1.78% | 0.01% | 0.40% | 2.08% | 1.67% | 1.03% | 0.29% | 0.00% |
VGLT Vanguard Long-Term Treasury ETF | 4.74% | 4.44% | 4.33% | 3.33% | 2.84% | 1.82% | 2.15% | 2.46% | 2.71% | 2.55% | 2.69% | 3.21% |
Frequently Asked Questions
USFR and VGLT have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VGLT has higher volatility (2.48%) compared to USFR (0.09%). In terms of maximum drawdown, USFR dropped -1.36% vs VGLT's -46.18%.
On 10-year performance, USFR leads with 2.48% vs -1.64% for VGLT. On fees, VGLT is cheaper at 0.03% per year. On volatility, USFR has been the lower-risk option at 0.09%. 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 2.48% return vs -1.64%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VGLT is cheaper with a 0.03% expense ratio, compared with 0.15% for USFR.
VGLT has the higher dividend yield at 4.74%, compared with 3.79% for USFR.
USFR tracks Bloomberg U.S. Treasury Floating Rate Bond Index, while VGLT tracks Bloomberg U.S. Long Treasury Index. They also come from different issuers: WisdomTree and Vanguard. Their fees differ too: 0.15% for USFR and 0.03% for VGLT.
USFR currently has the higher Sharpe Ratio (14.64 vs -0.09), 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 USFR and VGLT
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