IYW vs USFR

Comparison between ISHARES U.S. TECHNOLOGY ETF (IYW, ETF) and WISDOMTREE FLOATING RATE TREASURY FUND (USFR, ETF).

5-Year PerformanceIYW has outperformed USFR, delivering a return of +21.4% compared to +3.6%

IYW vs USFR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IYW(ETF)	USFR(ETF)
Net Assets	$18B	$18B
Expense Ratio	0.38%	0.15%
Max Drawdown	81.90%	1.36%
Sharpe Ratio	2.33	1.60
5Y Beta	1.42	0.00
P/E Ratio	37.72	N/A
Forward P/E	22.77	N/A
5Y Dividends CAGR	-6.12%	109.04%
5Y EPS CAGR	38.19%	N/A
Debt to Equity	34.80%	N/A
P/S Ratio	7.32	N/A
P/B Ratio	9.29	N/A

Net Assets

Winner

IYW

$18B

USFR

$18B

Expense Ratio

IYW

0.38%

Winner

USFR

0.15%

Max Drawdown

IYW

81.90%

Winner

USFR

1.36%

Sharpe Ratio

Winner

IYW

2.33

USFR

1.60

5Y Beta

IYW

1.42

Winner

USFR

0.00

P/E Ratio

IYW

37.72

USFR

N/A

Forward P/E

IYW

22.77

USFR

N/A

5Y Dividends CAGR

IYW

-6.12%

Winner

USFR

109.04%

5Y EPS CAGR

IYW

38.19%

USFR

N/A

Debt to Equity

IYW

34.80%

USFR

N/A

P/S Ratio

IYW

7.32

USFR

N/A

P/B Ratio

IYW

9.29

USFR

N/A

IYW vs USFR - Historical Returns

Returns include dividend reinvestment.

Period	IYW	USFR
1 month	+23.58%	+0.35%
3 months	+21.60%	+0.92%
6 months	+19.67%	+2.04%
1 year	+61.01%	+4.12%
5 years(CAGR)	+21.41%	+3.62%
10 years(CAGR)	+25.79%	+2.44%
Max(CAGR)	+9.30%	+1.94%

Winner

IYW

+23.58%

USFR

+0.35%

Winner

IYW

+21.60%

USFR

+0.92%

Winner

IYW

+19.67%

USFR

+2.04%

Winner

IYW

+61.01%

USFR

+4.12%

5Y(CAGR)

Winner

IYW

+21.41%

USFR

+3.62%

10Y(CAGR)

Winner

IYW

+25.79%

USFR

+2.44%

Max(CAGR)

Winner

IYW

+9.30%

USFR

+1.94%

IYW vs USFR - Annual Returns (2000 - 2026)

Returns include dividend reinvestment.

Year	IYW	USFR
2026	+19.43%	+1.35%
2025	+25.36%	+4.21%
2024	+33.77%	+5.42%
2023	+66.65%	+5.18%
2022	-35.16%	+1.98%
2021	+37.48%	-0.03%
2020	+44.47%	+0.52%
2019	+46.32%	+2.02%
2018	-2.40%	+1.72%
2017	+35.59%	+1.03%
2016	+15.48%	+0.90%
2015	+4.03%	-0.12%
2014	+20.70%	-0.64%
2013	+22.71%	N/A
2012	+9.98%	N/A
2011	-1.28%	N/A
2010	+10.59%	N/A
2009	+57.56%	N/A
2008	-42.02%	N/A
2007	+14.50%	N/A
2006	+7.37%	N/A
2005	+3.73%	N/A
2004	+0.96%	N/A
2003	+43.69%	N/A
2002	-40.37%	N/A
2001	-22.34%	N/A
2000	-32.09%	N/A

IYW vs USFR Drawdown Comparison

The maximum drawdown for IYW was -81.90%, occurring on Oct 9, 2002. Recovery took 4156 trading sessions.

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

Rank	IYW	USFR
#1	-81.90% Jul 17, 2000 - Jan 24, 2017	-1.36% Jun 15, 2015 - Feb 14, 2017
#2	-39.44% Dec 27, 2021 - Nov 20, 2023	-1.06% Feb 4, 2014 - Apr 20, 2015
#3	-30.47% Feb 19, 2020 - Jun 5, 2020	-0.80% Nov 17, 2017 - Apr 2, 2018
#4	-26.47% Feb 18, 2025 - Jun 24, 2025	-0.40% Jun 26, 2017 - Jul 28, 2017
#5	-23.96% Aug 29, 2018 - Mar 21, 2019	-0.35% Apr 20, 2015 - Jun 15, 2015
#6	-17.81% Oct 29, 2025 - Apr 22, 2026	-0.31% Jul 28, 2017 - Aug 4, 2017
#7	-16.11% Jul 10, 2024 - Nov 7, 2024	-0.30% Apr 3, 2017 - May 24, 2017
#8	-13.30% Sep 2, 2020 - Dec 4, 2020	-0.28% Feb 17, 2017 - Apr 3, 2017
#9	-12.91% Apr 29, 2019 - Jul 12, 2019	-0.28% Aug 4, 2017 - Sep 8, 2017
#10	-11.44% Feb 12, 2021 - Apr 8, 2021	-0.23% Feb 24, 2020 - Mar 19, 2020
#11	-10.54% Jan 26, 2018 - Feb 26, 2018	-0.22% Mar 19, 2020 - Apr 8, 2020
#12	-10.21% Mar 12, 2018 - Jun 1, 2018	-0.18% May 6, 2020 - Aug 7, 2020
#13	-8.84% Apr 15, 2021 - Jun 11, 2021	-0.18% May 2, 2022 - Jun 29, 2022
#14	-8.67% Mar 22, 2024 - May 15, 2024	-0.15% Sep 26, 2017 - Oct 25, 2017
#15	-8.42% Jul 26, 2019 - Oct 28, 2019	-0.12% Oct 1, 2020 - Jan 25, 2022

Correlation

Correlation between IYW and USFR is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97

-101

Dividend Comparison (2004 - 2026)

IYW vs USFR dividend yield comparison.

Year	IYW	USFR
2026	0.03%	1.20%
2025	0.14%	4.15%
2024	0.21%	5.17%
2023	0.34%	5.12%
2022	0.50%	1.78%
2021	0.31%	0.01%
2020	0.56%	0.40%
2019	0.72%	2.08%
2018	0.92%	1.67%
2017	0.82%	1.03%
2016	1.14%	0.29%
2015	1.12%	0.00%
2014	1.13%	0.00%
2013	1.06%	0.00%
2012	0.94%	0.00%
2011	0.61%	0.00%
2010	0.43%	0.00%
2009	0.45%	0.00%
2008	0.65%	0.00%
2007	0.21%	0.00%
2006	0.14%	0.00%
2005	0.15%	0.00%
2004	1.44%	0.00%