WDAF vs. USFR
WDAF (WisdomTree Asia Defense Fund) and USFR (WisdomTree Floating Rate Treasury Fund) are both exchange-traded funds - WDAF is a Aerospace & Defense fund tracking the WisdomTree Asia Defense Index, while USFR is a Government Bonds fund tracking the Bloomberg U.S. Treasury Floating Rate Bond Index. Both are passively managed. Their -0.04 correlation means they have often moved in opposite directions in the past. WDAF charges 0.45%/yr vs 0.15%/yr for USFR.
Performance
WDAF vs. USFR - Performance Comparison
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Returns By Period
In the year-to-date period, WDAF achieves a 1.82% return, which is significantly lower than USFR's 2.29% return.
WDAF
- 1D
- 1.89%
- 1M
- -7.97%
- 6M
- -12.60%
- YTD
- 1.82%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
USFR
- 1D
- 0.02%
- 1M
- 0.36%
- 6M
- 1.91%
- YTD
- 2.29%
- 1Y
- 3.97%
- 3Y*
- 4.68%
- 5Y*
- 3.81%
- 10Y*
- 2.48%
- ALL TIME*
- 1.98%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $329.70M | $258.22M | $246.25M | |
| $216.97K | $187.82K | $494.71K |
WDAF vs. USFR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
WDAF WisdomTree Asia Defense Fund | 1.82% | -7.71% |
USFR WisdomTree Floating Rate Treasury Fund | 2.29% | 1.30% |
Correlation
The correlation between WDAF and USFR is -0.04, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 12, 2025 | -0.04 |
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Return for Risk
WDAF vs. USFR — Risk / Return Rank
WDAF
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
USFR
WDAF vs. USFR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Asia Defense Fund (WDAF) and WisdomTree 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.
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.
| WDAF | USFR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 14.07 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 200.37 | — |
| Martin ratioReturn relative to average drawdown | — | 800.41 | — |
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Drawdowns
WDAF vs. USFR - Drawdown Comparison
The maximum WDAF drawdown since its inception was -28.19%, which is greater than USFR's maximum drawdown of -1.36%. Use the drawdown chart below to compare losses from any high point for WDAF and USFR.
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Drawdown Indicators
| WDAF | USFR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.19% | -1.36% | -26.83% |
Max Drawdown (1Y)Largest decline over 1 year | — | -0.02% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -0.06% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -0.18% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -0.80% | — |
Current DrawdownCurrent decline from peak | -23.59% | 0.00% | -23.59% |
Average DrawdownAverage peak-to-trough decline | -8.53% | -0.15% | -8.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.00% | — |
Volatility
WDAF vs. USFR - Volatility Comparison
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Volatility by Period
| WDAF | USFR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.09% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 0.20% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 33.45% | 0.27% | +33.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.45% | 0.39% | +33.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.45% | 0.76% | +32.69% |
WDAF vs. USFR - Expense Ratio Comparison
WDAF has a 0.45% expense ratio, which is higher than USFR's 0.15% expense ratio.
Dividends
WDAF vs. USFR - Dividend Comparison
WDAF's dividend yield for the trailing twelve months is around 0.13%, less than USFR's 3.79% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
WDAF WisdomTree Asia Defense Fund | 0.13% | 0.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WDAF and USFR have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, USFR is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
USFR is cheaper with a 0.15% expense ratio, compared with 0.45% for WDAF.
USFR has the higher dividend yield at 3.79%, compared with 0.13% for WDAF.
WDAF is categorized as Aerospace & Defense, while USFR is Government Bonds. WDAF tracks WisdomTree Asia Defense Index, while USFR tracks Bloomberg U.S. Treasury Floating Rate Bond Index. Their fees differ too: 0.45% for WDAF and 0.15% for USFR.
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