HYG vs USFR

Comparison between ISHARES IBOXX $ HIGH YIELD CORPORATE BOND ETF (HYG, ETF) and WISDOMTREE FLOATING RATE TREASURY FUND (USFR, ETF).

5-Year PerformanceHYG has outperformed USFR, delivering a return of +3.9% compared to +3.6%

HYG vs USFR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HYG(ETF)	USFR(ETF)
Net Assets	$17B	$17B
Expense Ratio	0.49%	0.15%
Max Drawdown	41.90%	1.36%
Sharpe Ratio	1.00	1.42
5Y Beta	0.24	0.00
5Y Dividends CAGR	4.66%	109.04%

Net Assets

HYG

$17B

USFR

$17B

Expense Ratio

HYG

0.49%

Winner

USFR

0.15%

Max Drawdown

HYG

41.90%

Winner

USFR

1.36%

Sharpe Ratio

HYG

1.00

Winner

USFR

1.42

5Y Beta

HYG

0.24

Winner

USFR

0.00

5Y Dividends CAGR

HYG

4.66%

Winner

USFR

109.04%

HYG vs USFR - Historical Returns

Returns include dividend reinvestment.

Period	HYG	USFR
1 month	+0.03%	+0.35%
3 months	+0.35%	+0.90%
6 months	+2.12%	+2.02%
1 year	+6.72%	+4.08%
5 years(CAGR)	+3.93%	+3.63%
10 years(CAGR)	+5.00%	+2.45%
Max(CAGR)	+4.96%	+1.94%

HYG

+0.03%

Winner

USFR

+0.35%

HYG

+0.35%

Winner

USFR

+0.90%

Winner

HYG

+2.12%

USFR

+2.02%

Winner

HYG

+6.72%

USFR

+4.08%

5Y(CAGR)

Winner

HYG

+3.93%

USFR

+3.63%

10Y(CAGR)

Winner

HYG

+5.00%

USFR

+2.45%

Max(CAGR)

Winner

HYG

+4.96%

USFR

+1.94%

HYG vs USFR - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	HYG	USFR
2026	+0.99%	+1.37%
2025	+8.34%	+4.21%
2024	+8.33%	+5.42%
2023	+11.32%	+5.18%
2022	-10.95%	+1.98%
2021	+3.96%	-0.03%
2020	+4.04%	+0.52%
2019	+14.24%	+2.02%
2018	-2.11%	+1.72%
2017	+5.63%	+1.03%
2016	+14.09%	+0.90%
2015	-5.03%	-0.12%
2014	+1.72%	-0.64%
2013	+4.77%	N/A
2012	+11.30%	N/A
2011	+6.68%	N/A
2010	+11.02%	N/A
2009	+28.98%	N/A
2008	-16.57%	N/A
2007	+1.62%	N/A

HYG vs USFR Drawdown Comparison

The maximum drawdown for HYG was -34.28%, occurring on Nov 20, 2008. Recovery took 556 trading sessions.

The maximum drawdown for USFR was -1.36%, occurring on Nov 25, 2015. Recovery took 421 trading sessions.

The current HYG drawdown is -0.45%.

Rank	HYG	USFR
#1	-34.28% Sep 19, 2007 - Dec 2, 2009	-1.36% Jun 15, 2015 - Feb 14, 2017
#2	-22.03% Feb 13, 2020 - Nov 4, 2020	-1.06% Feb 4, 2014 - Apr 20, 2015
#3	-15.79% Dec 27, 2021 - Mar 7, 2024	-0.80% Nov 17, 2017 - Apr 2, 2018
#4	-13.44% Apr 15, 2015 - Jul 8, 2016	-0.40% Jun 26, 2017 - Jul 28, 2017
#5	-10.05% Jul 22, 2011 - Oct 24, 2011	-0.35% Apr 20, 2015 - Jun 15, 2015
#6	-8.38% May 25, 2007 - Sep 18, 2007	-0.31% Jul 28, 2017 - Aug 4, 2017
#7	-7.90% Oct 27, 2011 - Dec 23, 2011	-0.30% Apr 3, 2017 - May 24, 2017
#8	-7.07% Apr 23, 2010 - Jul 20, 2010	-0.28% Feb 17, 2017 - Apr 3, 2017
#9	-7.05% May 8, 2013 - Nov 29, 2013	-0.28% Aug 4, 2017 - Sep 8, 2017
#10	-6.42% Jun 25, 2014 - Apr 15, 2015	-0.23% Feb 24, 2020 - Mar 19, 2020
#11	-6.41% Oct 1, 2018 - Jan 31, 2019	-0.22% Mar 19, 2020 - Apr 8, 2020
#12	-6.05% Jan 8, 2010 - Mar 16, 2010	-0.18% May 6, 2020 - Aug 7, 2020
#13	-4.56% May 18, 2011 - Jul 7, 2011	-0.18% May 2, 2022 - Jun 29, 2022
#14	-4.56% Feb 28, 2025 - May 12, 2025	-0.15% Sep 26, 2017 - Oct 25, 2017
#15	-4.50% May 2, 2012 - Jun 29, 2012	-0.12% Oct 1, 2020 - Jan 25, 2022

Correlation

Correlation between HYG and USFR is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.

0.93

-101

Dividend Comparison (2007 - 2026)

HYG vs USFR dividend yield comparison.

Year	HYG	USFR
2026	2.00%	1.20%
2025	5.71%	4.15%
2024	6.01%	5.17%
2023	5.74%	5.12%
2022	5.30%	1.78%
2021	4.02%	0.01%
2020	4.88%	0.40%
2019	4.99%	2.08%
2018	5.54%	1.67%
2017	5.12%	1.03%
2016	5.27%	0.29%
2015	5.90%	0.00%
2014	5.69%	0.00%
2013	6.10%	0.00%
2012	6.60%	0.00%
2011	7.51%	0.00%
2010	8.25%	0.00%
2009	9.48%	0.00%
2008	10.08%	0.00%
2007	5.23%	0.00%