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USFR vs VGUS: Differences, Returns & Fees

USFR's duration was 0.0 years on May 31, 2026 and VGUS's 0.3 on Jun 30, 2026; VGUS charges 0.07% to USFR's 0.15%. Net assets: $17.0bn on May 31, 2026 for WisdomTree Floating Rate Treasury Fund, and $1.2bn on Sep 30, 2026 for Vanguard Ultra-Short Treasury ETF.

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Answers cite the figures on this page.

VGUS costs 0.08 points a year less; their one-year returns differ by 0.4 points.

USFR vs VGUS: Differences, Returns & Fees
USFRVGUS
Expense ratio0.15%0.07%
Net assets, USFR as of May 31, 2026 and VGUS as of Sep 30, 2026$17.0bn$1.2bn
Total return, 1 year+4.0%+3.6%
What it tracksBloomberg U.S. Treasury Floating Rate Bond IndexBloomberg Short Treasury Index
Holdings in commonreport dates differ

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

+4.0%
USFR total return, 1 year
+3.6%
VGUS total return, 1 year
0.15%
USFR expense ratio
0.07%
VGUS expense ratio

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Client brief · page 1 of 2Report BR-36B1E577E0

USFR and VGUS are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. USFR follows Bloomberg U.S. Treasury Floating Rate Bond Index and VGUS follows Bloomberg Short Treasury Index.
  2. Number of holdings. USFR holds 4 positions and VGUS holds 90.
  3. Size. USFR has $17.0bn in net assets and VGUS $1.2bn (net assets, USFR as of May 31, 2026 and VGUS as of Sep 30, 2026); USFR is 14.2 times larger.

Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.

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On the same fields

USFR
WisdomTree Floating Rate Treasury Fund
VGUS
Vanguard Ultra-Short Treasury ETF
Where it sits Bond ETF Bond ETF
Issuer WisdomTree Vanguard
What it is Tracks an index of Floating Rate Treasury Tracks an index
Total return, 1 year +4.0% +3.6%
Its benchmark over the same days +4.0% (TFLO) not measured
Gap to its benchmark +0.1 pts vs TFLO not measured
Expense ratio 0.15% 0.07%
Holdings 4 90
Net assets, USFR as of May 31, 2026 and VGUS as of Sep 30, 2026 $17.0bn $1.2bn

USFR and VGUS on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About USFR

USFR tracks an index of Floating Rate Treasury. Over the year to Oct 20, 2026 it returned +4.0% 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.

About VGUS

VGUS tracks an index. Over the year to Oct 20, 2026 it returned +3.6% with distributions reinvested. The prospectus expense ratio is 0.07% a year.

Questions people ask

Which returned more over the last year, USFR or VGUS?
In the year to Oct 20, 2026, with distributions reinvested, USFR returned +4.0% and VGUS +3.6%.
Which is cheaper, USFR or VGUS?
VGUS is cheaper, by 0.08 percentage points a year. That is about $8 on $10,000 held for a year. Fees come from each fund's prospectus.
Other comparisons
BILZ vs USFRRAVI vs USFRUSFR vs YEARGSST vs USFRBIL vs VGUSFLTR vs VGUSVBIL vs VGUSFLOT vs VGUS
USFR on its own →VGUS on its own →Hold both: look the portfolio through →Rankings →USFR dividend history →USFR holdings →VGUS dividend history →VGUS holdings →Standards and sources →
Where these figures came from
USFR filings on SEC EDGAR ↗USFR prospectus with the expense ratio (SEC) ↗WisdomTree page for USFR ↗VGUS filings on SEC EDGAR ↗VGUS prospectus with the expense ratio (SEC) ↗Vanguard page for VGUS ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

Cite this pageCitation, APA and Markdown

ETFIQ, USFR against VGUS, data as of Oct 20, 2026. https://etfiq.com/compare/any/usfr-vs-vgus

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