Which returned more over the last year, SPHD or USFR?

In the year to Sep 12, 2026, with distributions reinvested, SPHD returned +8.6% and USFR returned +4.1%, so SPHD returned more. One year is one year; the longer windows are in the table.

Which is cheaper, SPHD or USFR?

SPHD charges 0.30% a year and USFR charges 0.15%, so USFR is cheaper. Fees come from each fund's prospectus.

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

ETFIQetfiq.com · independent ETF data

SPHD vs USFR: how they differ

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

Invesco S&P 500 High Dividend Low Volatility ETF and WisdomTree Floating Rate Treasury Fund.

What they hold in common

By the books each fund has filed, SPHD 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 SPHD	Only in USFR
Verizon Communications Inc. 3.49%	UNITED STATES OF AMERICA - BUREAU OF THE 28.04%
Altria Group, Inc. 3.45%	UNITED STATES OF AMERICA - BUREAU OF THE 28.01%
Healthpeak Properties, Inc. 3.24%	UNITED STATES OF AMERICA - BUREAU OF THE 28.00%
Kraft Heinz Co. (The) 3.03%	UNITED STATES OF AMERICA - BUREAU OF THE 15.95%
Pfizer Inc. 2.99%
Franklin Resources, Inc. 2.82%
VICI Properties Inc. 2.68%
ONEOK, Inc. 2.66%

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 May 31, 2026.

SPHD and USFR on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
	SPHD Invesco S&P 500 High Dividend Low Volatility ETF	USFR WisdomTree Floating Rate Treasury Fund
Where it sits	Core index fund	Core index fund
Issuer	Invesco	WisdomTree
What it is	S&P 500 High Dividend Low Volatility	Floating Rate Treasury
Total return, 1 year	+8.6%	+4.1%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	−8.9 pts	−13.4 pts
Expense ratio	0.30%	0.15%
Holdings	49	4

SPHD in plain words

SPHD is an index equity fund tracking the S&P 500 High Dividend Low Volatility. Over the year to Sep 11, 2026 it returned +8.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.30% a year. By its holdings filed for May 31, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 49 positions, with the top ten at 29.3%. It sat 4.1% below its high of Aug 24, 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, SPHD or USFR?: In the year to Sep 12, 2026, with distributions reinvested, SPHD returned +8.6% and USFR returned +4.1%, so SPHD returned more. One year is one year; the longer windows are in the table.
Which is cheaper, SPHD or USFR?: SPHD charges 0.30% 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.

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

A comparison is not a recommendation. Standards and sources