WisdomTree Floating Rate Treasury Fund (USFR)

How has USFR done since 2014?#

From February 2014 to October 2026, USFR returned about 2.0% a year. The S&P 500 returned about 14.2% a year over the same dates. Say you put in $10,000 at the start. It would have been worth about $12,807 at the end, with every dividend reinvested.

USFR returns by month and year#

USFR rose in 117 of its 153 months (76%). Its best month was April 2015, at 1.1%. Its worst was August 2015, at −1.2%.

How risky is USFR compared with the S&P 500?#

Measured from October 2021 to October 2026, on the days both traded.

• Beta 0.00. When the S&P 500 moved 1% in a day, USFR tended to move about 0.00%.
• Correlation -0.01. USFR moved mostly on its own, apart from the S&P 500.
• Up and down months. In months the S&P 500 rose, USFR rose 9% as much on average. In months it fell, USFR rose on average.

Is USFR above its 200-day average?#

USFR closed 1.6% above its 200-day average on October 16, 2026. A rule that holds USFR only above that average would hold it today.

What was USFR’s worst drop?#

A drawdown is how far a fund falls from its last high point. USFR’s worst fall was −2.2%, from February 4, 2014 to December 22, 2014. It got back to that high on April 20, 2015. On October 16, 2026 it closed at a new high.

What does USFR hold?#

This fund lends money to the US government through Treasury notes whose interest rate changes often. That keeps its price fairly steady, a lot like cash. When short term interest rates fall, its income falls too.

It tracks the Bloomberg U.S. Treasury Floating Rate Bond Index. It had 5 holdings as of February 28, 2026, according to WisdomTree.

What is the USFR expense ratio?#

USFR charges 0.15% a year. An expense ratio is the yearly fee a fund takes to run itself. On $10,000, a 0.15% fee comes to about $15 a year. Of the 162 ETFs on Tactfolio, 42% charge more.

You never get a bill for it. The fund takes the fee out of its own value a little each day.

Which Tactfolio strategies hold USFR?#

No classic strategy holds USFR yet. You can add it to your own rules in the builder and see how they would have done.

How does USFR compare with similar ETFs?#

Funds that can stand in for USFR:

• SGOV: iShares 0-3 Month Treasury Bond ETF, 0.09% a year
• BIL: State Street SPDR Bloomberg 1-3 Month T-Bill ETF, 0.1353% a year
• SHV: iShares 0-1 Year Treasury Bond ETF, 0.15% a year
• TFLO: iShares Treasury Floating Rate Bond ETF, 0.15% a year

See all 6 USFR alternatives, compared on the same dates as USFR.

Test USFR in your own rules#

Tactfolio is a platform where you build rules-based investing strategies, backtest them on decades of real prices, share them, and run them automatically in your own Alpaca account. Open the builder, add USFR, and see how a rule such as “hold it only above its 200-day average” would have done. Strategies run on daily prices and hold US stocks and ETFs only.

The details#

Prices come from Tactfolio’s stored daily prices for USFR and SPY. Each close is adjusted for splits, and dividends are reinvested on the day the fund pays them out. CAGR is the steady yearly return that turns the starting value into the ending value. Volatility is the yearly standard deviation of daily returns. Beta and correlation compare daily returns with the S&P 500 over the same dates.

Fund facts come from WisdomTree. We checked them on October 17, 2026. Read what a backtest simulates and how to read drawdown and CAGR for more on these measures.