USFR vs. VNLA
Compare and contrast key facts about WisdomTree Bloomberg Floating Rate Treasury Fund (USFR) and Janus Henderson Short Duration Income ETF (VNLA).
USFR and VNLA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. VNLA is an actively managed fund by Janus Henderson. It was launched on Nov 16, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: USFR or VNLA.
Key characteristics
| USFR | VNLA | |
|---|---|---|
| YTD Return | 4.69% | 5.56% |
| 1Y Return | 5.30% | 7.16% |
| 3Y Return (Ann) | 3.92% | 3.76% |
| 5Y Return (Ann) | 2.50% | 2.90% |
| Sharpe Ratio | 14.83 | 7.15 |
| Sortino Ratio | 53.53 | 13.51 |
| Omega Ratio | 12.75 | 3.09 |
| Calmar Ratio | 89.99 | 24.82 |
| Martin Ratio | 732.54 | 115.51 |
| Ulcer Index | 0.01% | 0.06% |
| Daily Std Dev | 0.36% | 1.00% |
| Max Drawdown | -1.36% | -4.49% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between USFR and VNLA is 0.03, 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 vs. VNLA - Performance Comparison
In the year-to-date period, USFR achieves a 4.69% return, which is significantly lower than VNLA's 5.56% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
USFR vs. VNLA - Expense Ratio Comparison
USFR has a 0.15% expense ratio, which is lower than VNLA's 0.26% 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
USFR vs. VNLA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Bloomberg Floating Rate Treasury Fund (USFR) and Janus Henderson Short Duration Income ETF (VNLA). 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 vs. VNLA - Dividend Comparison
USFR's dividend yield for the trailing twelve months is around 5.30%, more than VNLA's 4.82% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
USFR WisdomTree Bloomberg Floating Rate Treasury Fund | 5.30% | 5.12% | 1.78% | 0.01% | 0.40% | 2.08% | 1.67% | 1.04% | 0.29% |
VNLA Janus Henderson Short Duration Income ETF | 4.82% | 3.95% | 4.35% | 1.67% | 1.21% | 3.13% | 3.74% | 1.79% | 0.08% |
Drawdowns
USFR vs. VNLA - Drawdown Comparison
The maximum USFR drawdown since its inception was -1.36%, smaller than the maximum VNLA drawdown of -4.49%. Use the drawdown chart below to compare losses from any high point for USFR and VNLA. For additional features, visit the drawdowns tool.
Volatility
USFR vs. VNLA - Volatility Comparison
The current volatility for WisdomTree Bloomberg Floating Rate Treasury Fund (USFR) is 0.09%, while Janus Henderson Short Duration Income ETF (VNLA) has a volatility of 0.24%. This indicates that USFR experiences smaller price fluctuations and is considered to be less risky than VNLA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.