Data as of Oct 28, 2026.
IEF vs USFR: Differences, Returns & Fees
IEF's duration was 7.0 years on Aug 31, 2026 and USFR's 0.0 on May 31, 2026; both charge 0.15%.
askIQ about this page
askIQ about IEF and USFR
Net assets: $43.5bn on Oct 27, 2026 for iShares 7-10 Year Treasury Bond ETF, and $17.0bn on May 31, 2026 for WisdomTree Floating Rate Treasury Fund.
Pair scorecard
Both cost 0.15% a year; their one-year returns differ by 7.3 points.
Points (pts) are percentage points.
| Measure | IEF | USFR |
|---|---|---|
| Return | ||
| Total return, 1 year | −3.2% | +4.1% |
| Drawdown | ||
| Below its high | 13.1%, high on Aug 4, 2020 | |
| Benchmark | ||
| What it tracks | ICE U.S. Treasury 7-10 Year Bond Index | Bloomberg U.S. Treasury Floating Rate Bond Index |
| Cost and size | ||
| Expense ratio | 0.15% | 0.15% |
| Net assets, IEF as of Oct 27, 2026 and USFR as of May 31, 2026 | $43.5bn | $17.0bn |
| Holdings | ||
| Holdings in common | 0% | |
Holdings in common uses holdings dated May 31, 2026 and Aug 31, 2026. Method
Risk and return
Feb 14, 2014 to Oct 23, 2026 · 662 weekly returnsUSFR returned more: +29.1% to +19.2%. USFR swung less: 0.9% to 6.3%. USFR fell less at its worst: −1.4% to −23.3%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | IEF | USFR | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +19.2% | +29.1% | USFR | Price change plus distributions, reinvested. |
| Annualized | +1.4% | +2.0% | USFR | Total return as a yearly rate. |
| Price return | −10.6% | +1.1% | USFR | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 6.3% | 0.9% | USFR | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 4.5% | 0.6% | USFR | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −23.3% | −1.4% | USFR | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | −0.07 | 0.01 | USFR | Return above Treasury bills per unit of volatility. |
| Sortino | −0.09 | 0.01 | USFR | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.06 | 1.49 | USFR | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 662 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, IEF and USFR hold 0% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Aug 31, 2026.
half
0% in common
Only in one fund ↓
Side by side
IEF and USFR on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
IEF and USFR do different jobs. What does each one do in a portfolio?
- What each follows. IEF follows ICE U.S. Treasury 7-10 Year Bond Index 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 Aug 31, 2026 and May 31, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 IEF returned −3.2% and USFR +4.1% with distributions reinvested, a gap of 7.3 points.
Data as of Oct 28, 2026.
The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.
IEF
IEF tracks an index of 7-10 Year Treasury Bond. Over the year to Oct 28, 2026 it returned −3.2% with distributions reinvested. The prospectus expense ratio is 0.15% a year. It sat 13.1% below its high of Aug 4, 2020 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.
Questions people ask
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, IEF against USFR, data as of Oct 28, 2026. https://etfiq.com/compare/any/ief-vs-usfr
ETFIQ. (Oct 28, 2026). IEF against USFR. Retrieved from https://etfiq.com/compare/any/ief-vs-usfr
[IEF against USFR (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/ief-vs-usfr)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.