USFRvsTFLOETF Comparison
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WisdomTree Floating Rate Treasury Fund (USFR) and iShares Treasury Floating Rate Bond ETF (TFLO) belong to the same industry segment: US Government Bonds. USFR's top 1 sector exposures are Sovereign. In contrast, TFLO's top sector exposures are Sovereign and Non-Corporate. Both USFR and TFLO have the same Total Expense Ratio (TER) of 0.15%. USFR is up 3.13% year-to-date (YTD) with +$4.50B in YTD flows. TFLO performs worse with 3.09% YTD performance, and +$703M in YTD flows. Run a side-by-side ETF comparison of USFR and TFLO below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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USFR vs TFLO performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | USFR TFLO | +0.33%+0.34% | +1.03%+1.01% | +3.13%+3.09% | +4.06%+3.98% | +14.50%+14.38% | +21.55%+21.33% |
| Flows | USFR TFLO | +$1.36B+$384M | +$2.85B+$627M | +$4.50B+$703M | +$3.09B+$597M | +$2.49B-$3.56B | +$19.78B+$6.89B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | USFR TFLO | +0.16%+0.15% | +0.17%+0.16% | +0.21%+0.20% | +0.22%+0.21% |
| Max drawdown | USFR TFLO | n/an/a | n/an/a | n/an/a | -0.04%-0.03% |
| Max drawdown duration | USFR TFLO | n/an/a | n/an/a | n/an/a | 29d27d |
Trading data
USFR | TFLO | |
Last sale 10/16/2026 at 1:30 PM | $50.48 | $50.62 |
| Previous close 10/15/2026 | $50.48 | $50.60 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 30, 2026
1-year trailing difference
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USFR | TFLO | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
USFR | TFLO | |
|---|---|---|
| Last price | $50.48 | $50.62 |
| 1D performance | +0.00% | +0.04% |
| AuM | $20.94 B | $7.18 B |
| E/R | 0.15% | 0.15% |
Characteristics
USFR | TFLO | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | WisdomTree | iShares |
| Benchmark | Bloomberg U.S. Treasury Floating Rate Bond Index | Bloomberg U.S. Treasury Floating Rate Index |
| N° of holdings | 4 | 9 |
| Asset class | Bonds | Bonds |
| Trailing 12m distribution yield | Join | Join |
| Inception date | February 4, 2014 | February 3, 2014 |
| ESG | No | No |
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Exposure
Countries
USFR
USA
99.7%
Other
0.3%
TFLO
USA
99.68%
Other
0.32%
Sectors
USFR
Sovereign
99.7%
Other
0.3%
TFLO
Sovereign
99.67%
Other
0.33%
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Diversification
USFR
Total weight of top 4 holdings out of 4
99.7%
TFLO
Total weight of top 9 holdings out of 9
99.68%
Top 15 holdings
Data as of August 31, 2026
USFR
USA, Notes FRN 31oct2027, USD (BK-2027)
28.91%
USA, Notes FRN 31jan2028, USD (AX-2028)
28.88%
USA, Notes FRN 30apr2028, USD (BB-2028)
28.87%
USA, Notes FRN 31jul2028, USD (BF-2028)
13.04%
TFLO
USA, Notes FRN 30apr2028, USD (BB-2028)
14.42%
USA, Notes FRN 31oct2027, USD (BK-2027)
13.42%
USA, Notes FRN 31jan2028, USD (AX-2028)
12.97%
USA, Notes FRN 31oct2026, USD (BK-2026)
12.54%
USA, Notes FRN 30apr2027, USD (BB-2027)
12.46%
USA, Notes FRN 31jan2027, USD (AX-2027)
12.45%
USA, Notes FRN 31jul2027, USD (BF-2027)
12.13%
USA, Notes FRN 31jul2028, USD (BF-2028)
9.29%
BlackRock Cash Funds - Treasury
0.01%
Frequently asked questions about USFR and TFLO
How have the USFR and TFLO ETFs performed in 2026?
As of October 16, 2026, USFR is up 3.13% year-to-date (YTD), while TFLO has returned 3.09%. That puts USFR better performer ahead so far this year.
Which ETF is attracting more investor money: USFR or TFLO?
Year-to-date, the USFR ETF saw +$4.50B in flows, compared to +$703M for TFLO.
Which ETF is more volatile: USFR or TFLO?
Over the past year, USFR had a volatility of 0.17%, while TFLO experienced 0.16%.
Which ETF is bigger: USFR or TFLO?
As of October 16, 2026, USFR holds $20.94 B in assets under management (AUM), while TFLO manages $7.18 B.
What sectors do the USFR and TFLO ETFs invest in?
USFR leans toward sectors like Sovereign. Meanwhile, TFLO focuses on Sovereign.
What are the top holdings of the USFR ETF and TFLO ETF?
USFR top holdings include USA, Notes FRN 31oct2027, USD (BK-2027), USA, Notes FRN 31jan2028, USD (AX-2028) and USA, Notes FRN 30apr2028, USD (BB-2028). TFLO holds in its top three: USA, Notes FRN 30apr2028, USD (BB-2028), USA, Notes FRN 31oct2027, USD (BK-2027) and USA, Notes FRN 31jan2028, USD (AX-2028).
Which ETF is more diversified: USFR or TFLO?
USFR has 4 securities and TFLO has 9 securities.
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