Data as of Oct 28, 2026.

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CGGR vs USFR: Differences, Returns & Fees

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Over the year to Oct 28, 2026, CGGR returned +2.6% to USFR's +4.1%; 0% of their weight is in the same names.

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Net assets: $25.9bn on Oct 27, 2026 for Capital Group Growth ETF, and $17.0bn on May 31, 2026 for WisdomTree Floating Rate Treasury Fund.

At a glance
+2.6%
CGGR total return, 1 year
+4.1%
USFR total return, 1 year
0.39%
CGGR expense ratio
0.15%
USFR expense ratio

Pair scorecard

USFR costs 0.24 points a year less; their one-year returns differ by 1.5 points.

CGGR vs USFR: Differences, Returns & Fees
MeasureCGGRUSFR
Return
Total return, 1 year+2.6%+4.1%
Drawdown
Below its high3.4%, high on Oct 6, 2026
Benchmark
What it tracksNo index, actively managedBloomberg U.S. Treasury Floating Rate Bond Index
Cost and size
Expense ratio0.39%0.15%
Net assets, CGGR as of Oct 27, 2026 and USFR as of May 31, 2026$25.9bn$17.0bn
Holdings
Holdings in common0%
In the S&P 500, by weight78%
Top ten holdings, share of the fund39.7%

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

Risk and return

Mar 4, 2022 to Oct 23, 2026 · 242 weekly returns
CGGR USFR
Return
Total return edge CGGR +91.6% +21.4%
Annualized edge CGGR +15.0% +4.3%
Price return edge CGGR +89.2% +0.5%
Risk
Volatility edge USFR 20.4% 0.3%
Max drawdown edge USFR −27.7% −0.2%
Downside capture 115.9% 0.5%
Beta 1.20 0.01
Risk-adjusted
Sharpe edge CGGR 0.58 −0.17
Sortino edge CGGR 0.88 −0.21
Treynor 0.098 0.006
Calmar edge USFR 0.54 26.49
Against the benchmark
Alpha −1.0% a year 0.0% a year
Alpha t-stat −0.37 0.02
Information ratio 0.18 0.00
Tracking error 6.7% 2.1%

Each against its own benchmark: CGGR against VOO, Mar 4, 2022 to Oct 23, 2026; USFR against TFLO, Feb 14, 2014 to Oct 23, 2026.

Reading

CGGR returned more: +91.6% to +21.4%. USFR swung less: 0.3% to 20.4%. USFR fell less at its worst: −0.2% to −27.7%.

Full scorecard

19 measures, with how each is measured
Open ↓
Risk and return: CGGR vs USFR: Differences, Returns & Fees
MeasureCGGRUSFREdgeHow it is measured
Return
Total return+91.6%+21.4%CGGRPrice change plus distributions, reinvested.
Annualized+15.0%+4.3%CGGRTotal return as a yearly rate.
Price return+89.2%+0.5%CGGRPrice change alone, distributions left out.
Risk
Volatility20.4%0.3%USFRSpread of weekly returns, annualized. Lower is steadier.
Downside deviation13.5%0.2%USFRLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−27.7%−0.2%USFRDeepest fall from a high to the low after it.
Upside capture137.1%67.2%Share of its benchmark's rise caught in the weeks it rose.
Downside capture115.9%0.5%Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta1.200.01Not an edgeHow far it moves for each 1% its benchmark moves.
R squared0.920.00Not an edgeShare of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe0.58−0.17CGGRReturn above Treasury bills per unit of volatility.
Sortino0.88−0.21CGGRReturn above Treasury bills per unit of downside deviation.
Treynor0.0980.006Return above Treasury bills per unit of beta.
Calmar0.5426.49USFRAnnualized return divided by the max drawdown.
Against the benchmark
BenchmarkVOOTFLOThe ETF each fund is measured against.
Alpha−1.0% a year0.0% a yearNot significantYearly return beyond what its beta to the benchmark predicts.
Alpha t-stat−0.370.02Not an edgeHow sure the alpha is. Below 2, it could be chance.
Alpha range−6.3% to +4.3%−0.5% to +0.5%Includes zeroThe 95% range for the yearly alpha.
Information ratio0.180.00Return against its benchmark per unit of tracking error.
Tracking error6.7%2.1%Not an edgeHow far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 242 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

0%

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

0 half 100%

half

0% in common

Positions both hold · largest shared weight first CGGR USFR
Only in one fund ↓
Only in CGGR
Meta Platforms Inc 5.38%
NVIDIA Corp 5.14%
Broadcom Inc 4.69%
Microsoft Corp 4.63%
Tesla Inc 4.19%
Micron Technology Inc 3.57%
Visa Inc 3.33%
Alphabet Inc 3.21%
Only in USFR
UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT 27.95%
UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT 27.93%
UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT 27.91%
UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT 15.90%
Check overlap with more funds →

Side by side

CGGR Capital Group Growth ETF USFR WisdomTree Floating Rate Treasury Fund
Where it sits Stock ETF Bond ETF
What it is Actively managed Tracks an index of Floating Rate Treasury
Total return, 1 year +2.6% +4.1%
Its benchmark over the same days +13.7% (VOO) +4.0% (TFLO)
Gap to its benchmark −11.1 pts vs VOO +0.1 pts vs TFLO
Expense ratio 0.39% 0.15%
Holdings 96 4
Net assets, CGGR as of Oct 27, 2026 and USFR as of May 31, 2026 $25.9bn $17.0bn

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

Client brief · page 1 of 2 Report BR-DF426DD8D4

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

  1. What each follows. CGGR follows No index, actively managed and USFR follows Bloomberg U.S. Treasury Floating Rate Bond Index.
  2. Holdings in common. 0% of the weight is in the same securities (holdings dated Aug 31, 2026 and May 31, 2026).
  3. Number of holdings. CGGR holds 96 positions and USFR holds 4.

Data as of Oct 28, 2026.

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About each fund
CGGR

CGGR is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +2.6% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.39% a year. By its holdings filed for Aug 31, 2026, 78% of the fund by weight is stocks the S&P 500 also holds, across 96 positions, with the top ten at 39.7%. It sat 3.4% below its high of Oct 6, 2026 on Oct 28, 2026.

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, CGGR or USFR?
In the year to Oct 28, 2026, with distributions reinvested, CGGR returned +2.6% and USFR +4.1%.
Which is cheaper, CGGR or USFR?
USFR is cheaper, by 0.24 percentage points a year. That is about $24 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, CGGR against USFR, data as of Oct 28, 2026. https://etfiq.com/compare/any/cggr-vs-usfr

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