WTBN vs. USFI

Last updated Jul 17, 2026

WTBN (WisdomTree Bianco Total Return Fund) and USFI (BrandywineGLOBAL - U.S. Fixed Income ETF) are both exchange-traded funds - WTBN is a Intermediate Core Bond fund tracking the Bianco Research Fixed Income Total Return Index, while USFI is a Actively Managed fund actively managed by BrandywineGLOBAL. WTBN is passively managed, while USFI is actively managed. Over the past year, WTBN returned 2.76% vs 5.51% for USFI. Their correlation of 0.86 suggests significant overlap in exposure. WTBN charges 0.59%/yr vs 0.39%/yr for USFI.

Performance

WTBN vs. USFI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Bianco Total Return Fund (WTBN) and BrandywineGLOBAL - U.S. Fixed Income ETF (USFI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WTBN achieves a -0.68% return, which is significantly lower than USFI's 0.97% return.

WTBN

• 1D: -0.17%
• 1M: -1.05%
• 6M: -1.05%
• YTD: -0.68%
• 1Y: 2.76%
• 3Y*: —
• 5Y*: —
• 10Y*: —

USFI

• 1D: -0.20%
• 1M: -0.47%
• 6M: 0.80%
• YTD: 0.97%
• 1Y: 5.51%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WTBN vs. USFI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
WTBN WisdomTree Bianco Total Return Fund	-0.68%	6.90%	2.26%	0.31%
USFI BrandywineGLOBAL - U.S. Fixed Income ETF	0.97%	6.96%	1.11%	0.56%

Correlation

The correlation between WTBN and USFI is 0.81, 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	0.81
Correlation (All Time) Calculated using the full available price history since Dec 20, 2023	0.86

The correlation between WTBN and USFI has been stable across timeframes, ranging from 0.81 to 0.86 - a consistent structural relationship.

Return for Risk

WTBN vs. USFI — Risk / Return Rank

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

WTBN

WTBN Risk / Return Rank: 24
WTBN Sharpe Ratio Rank: 25
WTBN Sortino Ratio Rank: 23
WTBN Omega Ratio Rank: 23
WTBN Calmar Ratio Rank: 25
WTBN Martin Ratio Rank: 25

USFI

USFI Risk / Return Rank: 77
USFI Sharpe Ratio Rank: 65
USFI Sortino Ratio Rank: 76
USFI Omega Ratio Rank: 69
USFI Calmar Ratio Rank: 93
USFI Martin Ratio Rank: 82

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.

WTBN vs. USFI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Bianco Total Return Fund (WTBN) and BrandywineGLOBAL - U.S. Fixed Income ETF (USFI). 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.

	WTBN	USFI	Difference
Sharpe ratio: Return per unit of total volatility	0.75	1.70	-0.95
Sortino ratio: Return per unit of downside risk	1.09	2.76	-1.67
Omega ratio: Gain probability vs. loss probability	1.13	1.33	-0.20
Calmar ratio: Return relative to maximum drawdown	0.97	5.17	-4.20
Martin ratio: Return relative to average drawdown	2.62	12.51	-9.89

WTBN vs. USFI - Sharpe Ratio Comparison

The current WTBN Sharpe Ratio is 0.75, which is lower than the USFI Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of WTBN and USFI, 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

WTBN vs. USFI - Drawdown Comparison

The maximum WTBN drawdown since its inception was -4.08%, smaller than the maximum USFI drawdown of -8.47%. Use the drawdown chart below to compare losses from any high point for WTBN and USFI.

Drawdown Indicators

	WTBN	USFI	Difference
Max Drawdown Largest peak-to-trough decline	-4.08%	-8.47%	+4.39%
Max Drawdown (1Y) Largest decline over 1 year	-2.86%	-1.07%	-1.79%
Current Drawdown Current decline from peak	-2.16%	-0.60%	-1.56%
Average Drawdown Average peak-to-trough decline	-1.15%	-2.08%	+0.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.06%	0.44%	+0.62%

Volatility

WTBN vs. USFI - Volatility Comparison

WisdomTree Bianco Total Return Fund (WTBN) has a higher volatility of 1.25% compared to BrandywineGLOBAL - U.S. Fixed Income ETF (USFI) at 0.88%. This indicates that WTBN's price experiences larger fluctuations and is considered to be riskier than USFI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTBN	USFI	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.25%	0.88%	+0.37%
Volatility (6M) Calculated over the trailing 6-month period	2.96%	1.61%	+1.35%
Volatility (1Y) Calculated over the trailing 1-year period	3.71%	3.26%	+0.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.54%	6.89%	-2.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.54%	6.89%	-2.35%

WTBN vs. USFI - Expense Ratio Comparison

WTBN has a 0.59% expense ratio, which is higher than USFI's 0.39% expense ratio.

Dividends

WTBN vs. USFI - Dividend Comparison

WTBN's dividend yield for the trailing twelve months is around 4.10%, less than USFI's 4.44% yield.

Position	TTM	2025	2024	2023
USFI BrandywineGLOBAL - U.S. Fixed Income ETF	4.44%	4.42%	4.60%	1.83%
WTBN WisdomTree Bianco Total Return Fund	4.10%	4.13%	3.47%	0.03%

Frequently Asked Questions

Can I hold both WTBN and USFI in my portfolio?

WTBN and USFI have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WTBN or USFI?

WTBN has higher volatility (1.25%) compared to USFI (0.88%). In terms of maximum drawdown, WTBN dropped -4.08% vs USFI's -8.47%.

Which ETF is better, WTBN or USFI?

On 1-year performance, USFI leads with 5.51% vs 2.76% for WTBN. On fees, USFI is cheaper at 0.39% per year. On volatility, USFI has been the lower-risk option at 0.88%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WTBN or USFI?

Over the 1-year period, USFI has performed better with a 5.51% return vs 2.76%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WTBN or USFI?

USFI is cheaper with a 0.39% expense ratio, compared with 0.59% for WTBN.

Which ETF pays a higher dividend yield, WTBN or USFI?

USFI has the higher dividend yield at 4.44%, compared with 4.10% for WTBN.

What is the main difference between WTBN and USFI?

WTBN is categorized as Intermediate Core Bond, while USFI is Actively Managed. They also come from different issuers: WisdomTree and BrandywineGLOBAL. Their fees differ too: 0.59% for WTBN and 0.39% for USFI.

Which has better risk-adjusted returns?

USFI currently has the higher Sharpe Ratio (1.70 vs 0.75), 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.