Data as of Oct 28, 2026.

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IWO vs USFR: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IWO returned +7.9% to USFR's +4.1%; 0% of their weight is in the same names.

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Net assets: $14.0bn on Oct 27, 2026 for iShares Russell 2000 Growth ETF, and $17.0bn on May 31, 2026 for WisdomTree Floating Rate Treasury Fund.

At a glance
+7.9%
IWO total return, 1 year
+4.1%
USFR total return, 1 year
0.24%
IWO expense ratio
0.15%
USFR expense ratio

Pair scorecard

USFR costs 0.09 points a year less; their one-year returns differ by 3.8 points.

IWO vs USFR: Differences, Returns & Fees
MeasureIWOUSFR
Return
Total return, 1 year+7.9%+4.1%
Drawdown
Below its high9.9%, high on Aug 14, 2026
Benchmark
What it tracksRussell 2000 Growth IndexBloomberg U.S. Treasury Floating Rate Bond Index
Cost and size
Expense ratio0.24%0.15%
Net assets, IWO as of Oct 27, 2026 and USFR as of May 31, 2026$14.0bn$17.0bn
Holdings
Holdings in common0%
In the S&P 500, by weight0%
Top ten holdings, share of the fund6.4%

Holdings in common uses holdings dated May 31, 2026 and Oct 27, 2026. Method

What they share

0%

By the books each fund has filed, IWO and USFR hold 0% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first IWO USFR
Only in one fund ↓
Only in IWO
JFROG 0.74%
TWIST BIOSCIENCE 0.71%
GLAUKOS 0.70%
MOOG INC CLASS A 0.68%
BRIGHTSPRING HEALTH SERVICES INC 0.66%
10X GENOMICS CLASS A 0.61%
RYMAN HOSPITALITY PROPERTIES REIT 0.60%
INTERDIGITAL INC 0.58%
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%
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Side by side

IWO iShares Russell 2000 Growth ETF USFR WisdomTree Floating Rate Treasury Fund
Where it sits Stock ETF Bond ETF
What it is Tracks the Russell 2000 Growth Tracks an index of Floating Rate Treasury
Total return, 1 year +7.9% +4.1%
Its benchmark over the same days +8.0% (VTWG) +4.0% (TFLO)
Gap to its benchmark −0.1 pts vs VTWG +0.1 pts vs TFLO
Expense ratio 0.24% 0.15%
Holdings 1122 4
Net assets, IWO as of Oct 27, 2026 and USFR as of May 31, 2026 $14.0bn $17.0bn

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

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About each fund
IWO

IWO tracks the Russell 2000 Growth. Over the year to Oct 28, 2026 it returned +7.9% with distributions reinvested, against +8.0% for its benchmark, the Russell 2000 Growth Index. The prospectus expense ratio is 0.24% 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 1,122 positions, with the top ten at 6.4%. It sat 9.9% below its high of Aug 14, 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, IWO or USFR?
In the year to Oct 28, 2026, with distributions reinvested, IWO returned +7.9% and USFR +4.1%.
Which is cheaper, IWO or USFR?
USFR is cheaper, by 0.09 percentage points a year. That is about $9 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, IWO against USFR, data as of Oct 28, 2026. https://etfiq.com/compare/any/iwo-vs-usfr

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