Data as of Oct 28, 2026.

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BSV vs USFR: Differences, Returns & Fees

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BSV's duration was 2.5 years on Jun 30, 2026 and USFR's 0.0 on May 31, 2026; BSV charges 0.03% to USFR's 0.15%.

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Net assets: $45.4bn on Sep 30, 2026 for Vanguard Short-Term Bond ETF, and $17.0bn on May 31, 2026 for WisdomTree Floating Rate Treasury Fund.

At a glance
+1.0%
BSV total return, 1 year
+4.1%
USFR total return, 1 year
0.03%
BSV expense ratio
0.15%
USFR expense ratio

Pair scorecard

BSV costs 0.12 points a year less; their one-year returns differ by 3.1 points.

BSV vs USFR: Differences, Returns & Fees
MeasureBSVUSFR
Return
Total return, 1 year+1.0%+4.1%
Benchmark
What it tracksBloomberg U.S. 1-5 Year Government/Credit Float Adjusted IndexBloomberg U.S. Treasury Floating Rate Bond Index
Cost and size
Expense ratio0.03%0.15%
Net assets, BSV as of Sep 30, 2026 and USFR as of May 31, 2026$45.4bn$17.0bn
Holdings
Holdings in common0%

Holdings in common uses holdings dated May 31, 2026 and Jun 30, 2026. Method

What they share

0%

By the books each fund has filed, BSV and USFR hold 0% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Jun 30, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first BSV USFR
Only in one fund ↓
Only in BSV
US TREASURY N/B, due Jan 31, 2028 1.12%
US TREASURY N/B, due Dec 31, 2027 0.89%
US TREASURY N/B, due Feb 28, 2030 0.88%
US TREASURY N/B, due Mar 31, 2028 0.81%
US TREASURY N/B, due Jul 15, 2027 0.80%
US TREASURY N/B, due Nov 15, 2030 0.79%
US TREASURY N/B, due May 31, 2031 0.78%
US TREASURY N/B, due Dec 31, 2029 0.77%
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%
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Side by side

BSV Vanguard Short-Term Bond ETF USFR WisdomTree Floating Rate Treasury Fund
Where it sits Bond ETF Bond ETF
What it is Tracks an index of Short-Term Bond Tracks an index of Floating Rate Treasury
Total return, 1 year +1.0% +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 0.03% 0.15%
Holdings 3157 4
Net assets, BSV as of Sep 30, 2026 and USFR as of May 31, 2026 $45.4bn $17.0bn

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

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About each fund
BSV

BSV tracks an index of Short-Term Bond. Over the year to Oct 28, 2026 it returned +1.0% with distributions reinvested. The prospectus expense ratio is 0.03% a year.

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, BSV or USFR?
In the year to Oct 28, 2026, with distributions reinvested, BSV returned +1.0% and USFR +4.1%.
Which is cheaper, BSV or USFR?
BSV is cheaper, by 0.12 percentage points a year. That is about $12 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, BSV against USFR, data as of Oct 28, 2026. https://etfiq.com/compare/any/bsv-vs-usfr

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