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Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

PFF vs USFR: how they differ

PFF and USFR hold 0% of their weight in the same names, and USFR returned more over the year.

iShares Preferred and Income Securities ETF and WisdomTree Floating Rate Treasury Fund.

What they hold in common

By the books each fund has filed, PFF and USFR hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in PFFOnly in USFR
BOEING COMPANY (THE) 3.99%UNITED STATES OF AMERICA - BUREAU OF THE 28.04%
STRATEGY INC 2.99%UNITED STATES OF AMERICA - BUREAU OF THE 28.01%
WELLS FARGO & COMPANY 2.37%UNITED STATES OF AMERICA - BUREAU OF THE 28.00%
ORACLE CORP 2.31%UNITED STATES OF AMERICA - BUREAU OF THE 15.95%
HEWLETT PACKARD ENTERPRISE COMPANY 1.79%
BANK OF AMERICA CORP 1.47%
CITIGROUP CAPITAL XIII 1.33%
ALBEMARLE CORP 1.31%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and May 31, 2026.

PFF and USFR on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
PFF
iShares Preferred and Income Securities ETF
USFR
WisdomTree Floating Rate Treasury Fund
Where it sitsCore index fundCore index fund
IssueriSharesWisdomTree
What it isPreferred and Income SecuritiesFloating Rate Treasury
Total return, 1 year−0.8%+4.1%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−18.3 pts−13.4 pts
Expense ratio0.45%0.15%
Holdings4554

PFF in plain words

PFF is an index equity fund tracking the Preferred and Income Securities. Over the year to Sep 11, 2026 it returned −0.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.45% a year. By its holdings filed for Jun 30, 2026, 22% of the fund by weight is stocks the S&P 500 also holds, across 455 positions, with the top ten at 19.9%. It sat 3.2% below its high of May 8, 2026 on Sep 11, 2026.

USFR in plain words

USFR is a bond fund tracking the Floating Rate Treasury. Over the year to Sep 11, 2026 it returned +4.1% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year.

Questions people ask

Which returned more over the last year, PFF or USFR?
In the year to Sep 12, 2026, with distributions reinvested, PFF returned −0.8% and USFR returned +4.1%, so USFR returned more. One year is one year; the longer windows are in the table.
Which is cheaper, PFF or USFR?
PFF charges 0.45% a year and USFR charges 0.15%, so USFR is cheaper. Fees come from each fund's prospectus.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

PFF against USFR, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, PFF against USFR, data as of Sep 12, 2026. https://etfiq.com/compare/any/PFF-USFR Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources