WFIG vs. MILK

Last updated Jun 23, 2026

WFIG (WisdomTree U.S. Corporate Bond Fund) and MILK (Pacer US Cash Cows Bond ETF) are both Corporate Bonds funds - WFIG tracks the WisdomTree Fundamental Corporate Bond Index while MILK tracks the Solactive Pacer US Cash Cows Bond Index. Both are passively managed. Over the past year, WFIG returned 5.14% vs 7.64% for MILK. Their correlation of 0.93 suggests significant overlap in exposure. WFIG charges 0.18%/yr vs 0.49%/yr for MILK.

Performance

WFIG vs. MILK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree U.S. Corporate Bond Fund (WFIG) and Pacer US Cash Cows Bond ETF (MILK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WFIG achieves a 0.60% return, which is significantly lower than MILK's 2.37% return.

WFIG

• 1D: -0.20%
• 1M: 0.65%
• YTD: 0.60%
• 6M: 0.79%
• 1Y: 5.14%
• 3Y*: 5.24%
• 5Y*: 0.31%
• 10Y*: 2.43%

MILK

• 1D: -0.26%
• 1M: 0.86%
• YTD: 2.37%
• 6M: 2.72%
• 1Y: 7.64%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

WFIG vs. MILK - Yearly Performance Comparison

	2026 (YTD)	2025	2024
WFIG WisdomTree U.S. Corporate Bond Fund	0.60%	7.85%	-1.08%
MILK Pacer US Cash Cows Bond ETF	2.37%	7.49%	-1.49%

Correlation

The correlation between WFIG and MILK is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.94
Correlation (All Time) Calculated using the full available price history since Dec 18, 2024	0.93

The correlation between WFIG and MILK has been stable across timeframes, ranging from 0.93 to 0.94 - a consistent structural relationship.

Return for Risk

WFIG vs. MILK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WFIG

WFIG Risk / Return Rank: 37
WFIG Sharpe Ratio Rank: 36
WFIG Sortino Ratio Rank: 37
WFIG Omega Ratio Rank: 33
WFIG Calmar Ratio Rank: 40
WFIG Martin Ratio Rank: 39

MILK

MILK Risk / Return Rank: 44
MILK Sharpe Ratio Rank: 44
MILK Sortino Ratio Rank: 44
MILK Omega Ratio Rank: 42
MILK Calmar Ratio Rank: 42
MILK Martin Ratio Rank: 46

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WFIG vs. MILK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. Corporate Bond Fund (WFIG) and Pacer US Cash Cows Bond ETF (MILK). 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.

	WFIG	MILK	Difference
Sharpe ratio: Return per unit of total volatility	1.25	1.49	-0.24
Sortino ratio: Return per unit of downside risk	1.86	2.17	-0.31
Omega ratio: Gain probability vs. loss probability	1.22	1.26	-0.04
Calmar ratio: Return relative to maximum drawdown	1.92	2.05	-0.13
Martin ratio: Return relative to average drawdown	5.88	7.36	-1.48

WFIG vs. MILK - Sharpe Ratio Comparison

The current WFIG Sharpe Ratio is 1.25, which is comparable to the MILK Sharpe Ratio of 1.49. The chart below compares the historical Sharpe Ratios of WFIG and MILK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WFIG vs. MILK - Drawdown Comparison

The maximum WFIG drawdown since its inception was -22.92%, which is greater than MILK's maximum drawdown of -6.16%. Use the drawdown chart below to compare losses from any high point for WFIG and MILK.

Drawdown Indicators

	WFIG	MILK	Difference
Max Drawdown Largest peak-to-trough decline	-22.92%	-6.16%	-16.76%
Max Drawdown (1Y) Largest decline over 1 year	-2.69%	-3.75%	+1.06%
Max Drawdown (3Y) Largest decline over 3 years	-6.22%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-22.92%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-22.92%	—	—
Current Drawdown Current decline from peak	-1.19%	-0.34%	-0.85%
Average Drawdown Average peak-to-trough decline	-5.49%	-1.13%	-4.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.88%	1.04%	-0.16%

Volatility

WFIG vs. MILK - Volatility Comparison

The current volatility for WisdomTree U.S. Corporate Bond Fund (WFIG) is 1.10%, while Pacer US Cash Cows Bond ETF (MILK) has a volatility of 1.26%. This indicates that WFIG experiences smaller price fluctuations and is considered to be less risky than MILK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WFIG	MILK	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.10%	1.26%	-0.16%
Volatility (6M) Calculated over the trailing 6-month period	3.14%	3.82%	-0.68%
Volatility (1Y) Calculated over the trailing 1-year period	4.13%	5.16%	-1.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.12%	6.70%	+0.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.55%	6.70%	+0.85%

WFIG vs. MILK - Expense Ratio Comparison

WFIG has a 0.18% expense ratio, which is lower than MILK's 0.49% expense ratio.

Dividends

WFIG vs. MILK - Dividend Comparison

WFIG's dividend yield for the trailing twelve months is around 4.87%, less than MILK's 7.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
MILK Pacer US Cash Cows Bond ETF	7.03%	6.97%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WFIG WisdomTree U.S. Corporate Bond Fund	4.87%	4.82%	4.67%	4.19%	4.25%	2.50%	2.61%	3.00%	3.27%	2.88%	2.35%

Frequently Asked Questions

Can I hold both WFIG and MILK in my portfolio?

With a correlation of 0.94, WFIG and MILK move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, WFIG or MILK?

MILK has higher volatility (1.26%) compared to WFIG (1.10%). In terms of maximum drawdown, WFIG dropped -22.92% vs MILK's -6.16%.

Which ETF is better, WFIG or MILK?

On 1-year performance, MILK leads with 7.64% vs 5.14% for WFIG. On fees, WFIG is cheaper at 0.18% per year. On volatility, WFIG has been the lower-risk option at 1.10%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WFIG or MILK?

Over the 1-year period, MILK has performed better with a 7.64% return vs 5.14%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WFIG or MILK?

WFIG is cheaper with a 0.18% expense ratio, compared with 0.49% for MILK.

Which ETF pays a higher dividend yield, WFIG or MILK?

MILK has the higher dividend yield at 7.03%, compared with 4.87% for WFIG.

What is the main difference between WFIG and MILK?

WFIG tracks WisdomTree Fundamental Corporate Bond Index, while MILK tracks Solactive Pacer US Cash Cows Bond Index. They also come from different issuers: WisdomTree and Pacer. Their fees differ too: 0.18% for WFIG and 0.49% for MILK.

Which has better risk-adjusted returns?

MILK currently has the higher Sharpe Ratio (1.49 vs 1.25), 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.