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

In the year to Oct 28, 2026, with distributions reinvested, BINC returned +0.5% and USFR +4.1%.

Which is cheaper, BINC or USFR?

USFR is cheaper, by 0.25 percentage points a year. That is about $25 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

BINC vs USFR: Differences, Returns & Fees

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BINC's duration was 2.9 years on Jul 31, 2026 and USFR's 0.0 on May 31, 2026; USFR charges 0.15% to BINC's 0.40%.

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Net assets: $16.8bn on Oct 27, 2026 for iShares Flexible Income Active ETF, and $17.0bn on May 31, 2026 for WisdomTree Floating Rate Treasury Fund.

BINC on its own →USFR on its own →

At a glance

+0.5%

BINC total return, 1 year

+4.1%

USFR total return, 1 year

0.40%

BINC expense ratio

0.15%

USFR expense ratio

Pair scorecard

USFR costs 0.25 points a year less; their one-year returns differ by 3.6 points.

BINC vs USFR: Differences, Returns & Fees
Measure	BINC	USFR
Return
Measure	BINC	USFR
Total return, 1 year	+0.5%	+4.1%
Benchmark
Measure	BINC	USFR
What it tracks	No index, actively managed	Bloomberg U.S. Treasury Floating Rate Bond Index
Cost and size
Measure	BINC	USFR
Expense ratio	0.40%	0.15%
Net assets, BINC as of Oct 27, 2026 and USFR as of May 31, 2026	$16.8bn	$17.0bn
Holdings
Measure	BINC	USFR
Holdings in common	0%
In the S&P 500, by weight	0%
Top ten holdings, share of the fund	24.6%

Holdings in common uses holdings dated May 31, 2026 and Jul 31, 2026. Method

Risk and return

Jun 2, 2023 to Oct 23, 2026 · 177 weekly returns

BINC USFR

Return

Total return edge BINC +21.3% +16.8%

Annualized edge BINC +5.8% +4.7%

Price return edge USFR +0.2% +0.3%

Risk

Volatility edge USFR 3.1% 0.2%

Max drawdown edge USFR −2.7% 0.0%

Risk-adjusted

Sharpe edge BINC 0.37 −0.04

Sortino edge BINC 0.57 −0.07

Reading

BINC returned more: +21.3% to +16.8%. USFR swung less: 0.2% to 3.1%. USFR fell less at its worst: 0.0% to −2.7%.

Full scorecard

8 measures, with how each is measured Open ↓

Risk and return: BINC vs USFR: Differences, Returns & Fees
Measure	BINC	USFR	Edge	How it is measured
Return
Total return	+21.3%	+16.8%	BINC	Price change plus distributions, reinvested.
Annualized	+5.8%	+4.7%	BINC	Total return as a yearly rate.
Price return	+0.2%	+0.3%	USFR	Price change alone, distributions left out.
Risk
Volatility	3.1%	0.2%	USFR	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	2.0%	0.1%	USFR	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−2.7%	0.0%	USFR	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.37	−0.04	BINC	Return above Treasury bills per unit of volatility.
Sortino	0.57	−0.07	BINC	Return above Treasury bills per unit of downside deviation.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 177 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, BINC and USFR hold 0% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Jul 31, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first BINC USFR

Only in one fund ↓

Only in BINC

Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 6.83%

Uniform Mortgage-Backed Security, TBA, due Sep 1, 2056 3.48%

Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 2.35%

Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 1.57%

iShares iBoxx USD High Yield Corporate Bond ETF 1.46%

Italy Buoni Poliennali Del Tesoro, due Feb 1, 2031 1.32%

Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 1.10%

iShares iBoxx USD Investment Grade Corporate Bond ETF 1.06%

Only in USFR

TF 0 10/31/27, due Oct 31, 2027 27.95%

TF 0 07/31/27, due Jul 31, 2027 27.93%

TF 0 01/31/28, due Jan 31, 2028 27.91%

TF 0 04/30/28, due Apr 30, 2028 15.90%

Check overlap with more funds →

Side by side

BINC iShares Flexible Income Active ETF USFR WisdomTree Floating Rate Treasury Fund

Where it sits Bond ETF Bond ETF

Issuer iShares WisdomTree

What it is Actively managed Tracks an index of Floating Rate Treasury

Total return, 1 year +0.5% +4.1%

Its benchmark over the same days not measured +4.0% (TFLO)

Gap to its benchmark not measured +0.1 pts vs TFLO

Expense ratio 0.40% 0.15%

Holdings 4690 4

Net assets, BINC as of Oct 27, 2026 and USFR as of May 31, 2026 $16.8bn $17.0bn

BINC and USFR on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-E63DEC4BEF

BINC and USFR do different jobs. What does each one do in a portfolio?

What each follows. BINC follows No index, actively managed and USFR follows Bloomberg U.S. Treasury Floating Rate Bond Index.
Holdings in common. 0% of the weight is in the same securities (holdings dated Jul 31, 2026 and May 31, 2026).
One-year total return. Over 1 year to Oct 28, 2026 BINC returned +0.5% and USFR +4.1% with distributions reinvested, a gap of 3.6 points.

Data as of Oct 28, 2026.

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About each fund

BINC

BINC is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +0.5% with distributions reinvested. The prospectus expense ratio is 0.40% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 4,690 positions, with the top ten at 24.6%.

USFR

USFR tracks an index of Floating Rate Treasury. Over the year to Oct 28, 2026 it returned +4.1% with distributions reinvested, against +4.0% for its benchmark, the Bloomberg U.S. Treasury Floating Rate Bond Index. The prospectus expense ratio is 0.15% a year.

Questions people ask

Which returned more over the last year, BINC or USFR?: In the year to Oct 28, 2026, with distributions reinvested, BINC returned +0.5% and USFR +4.1%.
Which is cheaper, BINC or USFR?: USFR is cheaper, by 0.25 percentage points a year. That is about $25 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

BINC vs MINT BINC vs BOXX BINC vs SHV BINC vs VBIL GBIL vs USFR FTSM vs USFR IBDR vs USFR IBTH vs USFR

Where to next

BINC on its own →USFR on its own →Hold both: look the portfolio through →Rankings →BINC dividend history →BINC holdings →USFR dividend history →USFR holdings →Standards and sources →

Sources and dates

BINC filings on SEC EDGAR ↗

BINC prospectus with the expense ratio (SEC) ↗

iShares page for BINC ↗

USFR filings on SEC EDGAR ↗

USFR prospectus with the expense ratio (SEC) ↗

WisdomTree page for USFR ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, BINC against USFR, data as of Oct 28, 2026. https://etfiq.com/compare/any/binc-vs-usfr

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.