XTRE vs. USFR

Last updated Apr 1, 2026

Compare and contrast key facts about Bondbloxx Bloomberg Three Year Target Duration US Treasury ETF (XTRE) and WisdomTree Bloomberg Floating Rate Treasury Fund (USFR).

XTRE and USFR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XTRE is a passively managed fund by BondBloxx that tracks the performance of the Bloomberg US Treasury 3 Year Target Duration Index. It was launched on Sep 13, 2022. 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. Both XTRE and USFR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

XTRE vs. USFR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bondbloxx Bloomberg Three Year Target Duration US Treasury ETF (XTRE) and WisdomTree Bloomberg Floating Rate Treasury Fund (USFR). The values are adjusted to include any dividend payments, if applicable.

XTRE vs. USFR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
XTRE Bondbloxx Bloomberg Three Year Target Duration US Treasury ETF	0.11%	6.05%	3.05%	4.44%	0.03%
USFR WisdomTree Bloomberg Floating Rate Treasury Fund	0.93%	4.23%	5.47%	5.18%	1.07%

Returns By Period

In the year-to-date period, XTRE achieves a 0.11% return, which is significantly lower than USFR's 0.93% return.

XTRE

• 1D: 0.10%
• 1M: -0.97%
• YTD: 0.11%
• 6M: 1.24%
• 1Y: 3.90%
• 3Y*: 3.83%
• 5Y*: —
• 10Y*: —

USFR

• 1D: 0.00%
• 1M: 0.27%
• YTD: 0.93%
• 6M: 2.02%
• 1Y: 4.10%
• 3Y*: 4.89%
• 5Y*: 3.52%
• 10Y*: 2.41%

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

XTRE vs. USFR - Expense Ratio Comparison

XTRE has a 0.05% expense ratio, which is lower than USFR's 0.15% 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%.

USFR

WisdomTree Bloomberg Floating Rate Treasury Fund

XTRE

Bondbloxx Bloomberg Three Year Target Duration US Treasury ETF

Return for Risk

XTRE vs. USFR — Risk / Return Rank

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

XTRE

XTRE Risk / Return Rank: 83
XTRE Sharpe Ratio Rank: 83
XTRE Sortino Ratio Rank: 89
XTRE Omega Ratio Rank: 79
XTRE Calmar Ratio Rank: 85
XTRE Martin Ratio Rank: 80

USFR

USFR Risk / Return Rank: 100
USFR Sharpe Ratio Rank: 100
USFR Sortino Ratio Rank: 100
USFR Omega Ratio Rank: 100
USFR Calmar Ratio Rank: 100
USFR Martin Ratio Rank: 100

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.

XTRE vs. USFR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bondbloxx Bloomberg Three Year Target Duration US Treasury ETF (XTRE) and WisdomTree Bloomberg 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.

	XTRE	USFR	Difference
Sharpe ratio Return per unit of total volatility	1.63	14.37	-12.75
Sortino ratio Return per unit of downside risk	2.50	42.77	-40.27
Omega ratio Gain probability vs. loss probability	1.31	10.64	-9.33
Calmar ratio Return relative to maximum drawdown	2.61	103.73	-101.12
Martin ratio Return relative to average drawdown	8.99	661.88	-652.89
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XTRE vs. USFR - Sharpe Ratio Comparison

The current XTRE Sharpe Ratio is 1.63, which is lower than the USFR Sharpe Ratio of 14.37. The chart below compares the historical Sharpe Ratios of XTRE and USFR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	XTRE	USFR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.63	14.37	-12.75
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	8.63	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	3.00	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.15	1.57	-0.42

Correlation

The correlation between XTRE and USFR is 0.01, 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.

Dividends

XTRE vs. USFR - Dividend Comparison

XTRE's dividend yield for the trailing twelve months is around 3.89%, less than USFR's 4.00% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
XTRE Bondbloxx Bloomberg Three Year Target Duration US Treasury ETF	3.89%	3.85%	4.19%	3.97%	1.16%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
USFR WisdomTree Bloomberg Floating Rate Treasury Fund	4.00%	4.15%	5.17%	5.12%	1.78%	0.01%	0.40%	2.08%	1.67%	1.03%	0.29%

Drawdowns

XTRE vs. USFR - Drawdown Comparison

The maximum XTRE drawdown since its inception was -2.89%, which is greater than USFR's maximum drawdown of -1.36%. Use the drawdown chart below to compare losses from any high point for XTRE and USFR.

Drawdown Indicators

	XTRE	USFR	Difference
Max Drawdown Largest peak-to-trough decline	-2.89%	-1.36%	-1.53%
Max Drawdown (1Y) Largest decline over 1 year	-1.53%	-0.04%	-1.49%
Max Drawdown (5Y) Largest decline over 5 years	—	-0.18%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-0.80%	—
Current Drawdown Current decline from peak	-0.97%	0.00%	-0.97%
Average Drawdown Average peak-to-trough decline	-0.82%	-0.16%	-0.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.44%	0.01%	+0.43%

Volatility

XTRE vs. USFR - Volatility Comparison

Bondbloxx Bloomberg Three Year Target Duration US Treasury ETF (XTRE) has a higher volatility of 0.84% compared to WisdomTree Bloomberg Floating Rate Treasury Fund (USFR) at 0.09%. This indicates that XTRE's price experiences larger fluctuations and is considered to be riskier than USFR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XTRE	USFR	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.84%	0.09%	+0.75%
Volatility (6M) Calculated over the trailing 6-month period	1.44%	0.19%	+1.25%
Volatility (1Y) Calculated over the trailing 1-year period	2.41%	0.29%	+2.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.37%	0.41%	+2.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.37%	0.81%	+2.56%