Dividend comparison

USFR vs VUSXX: Which Is Better for Income?

Fees, yield, total returns, drawdowns, holdings overlap and dividend history for WisdomTree Floating Rate Treasury Fund and Vanguard Treasury Money Market Fund, side by side. Updated October 21, 2026.

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USFR vs VUSXX: key differences

The short answer, from the latest data on this page.

Risk. Their worst declines over the last 5 years were similar: -0.4% for USFR and 0.0% for VUSXX from peak to trough.

Side-by-side snapshot

Trailing twelve-month figures where available. Higher yield is highlighted — not a buy recommendation.

Metric	USFR WisdomTree Floating Rate Treasury Fund	VUSXX Vanguard Treasury Money Market Fund
Dividend yield (TTM)	3.72%	—
Dividend / share (TTM)	$1.88	—
Payout frequency	Monthly	—
Last dividend	$0.1582 on Sep 29, 2026	—
Ex-dividend date	Sep 25, 2026	—
Dividend growth (CAGR)	318.5% over 4 yrs	—
Price	$50.50	$1.00
Beta	-0.02	0.00
Max drawdown (5Y)	-0.4%	0.0%
Market cap	$17.79B	—
Exchange	AMEX	NASDAQ
Expense ratio	0.15%	—
Assets under management	$21.25B	—
Number of holdings	6	—

Income on a $10,000 investment

Illustrative only — assumes current TTM yield stays constant. Actual distributions change.

USFR

$31.00/mo

$372 /yr at 3.72% yield

VUSXX

—/mo

Yield data unavailable

Dividend history

Total dividends paid per share in each calendar year.

Year	USFR	VUSXX
2025	$2.0860	—
2024	$2.5996	—
2023	$2.5718	—
2022	$0.8956	—
2021	$0.0068	—

Strategy: Cash equivalent

Funds holding short-dated US government paper, where the objective is that the principal is there when you need it. Yield follows short-term interest rates with a short lag rather than being locked in, so income falls when the central bank cuts and rises when it hikes. Because the underlying holdings are nearly identical across providers, the expense ratio comes almost directly out of what you receive.

There is no growth here by design, and purchasing power erodes whenever the after-tax yield sits below inflation.

What USFR vs VUSXX actually do

USFR

A WisdomTree fund holding US Treasury floating rate notes rather than fixed-rate bills.

Treasury FRNs are two-year securities whose coupon resets weekly against the 13-week Treasury bill auction, so the fund's income adjusts to rate changes through the coupon itself instead of by rolling into new bills. In practice that makes it respond to a rate move slightly faster than a bill ladder does. The trade-off is a smaller, less liquid corner of the Treasury market and a modest amount of price movement that a portfolio of near-maturity bills does not have.

Suits a cash holder who wants income that resets quickly and is comfortable with a less mainstream instrument. Offers no advantage over a plain bill fund once short rates stop moving, and it is not a place to seek return.

Capital preservation

Performance

Total returns with dividends reinvested, from the adjusted closing price series. $10,000 invested on Jun 22, 2026 would now be worth $10,136 in USFR and $10,000 in VUSXX.

Period	USFR	VUSXX
1 month	0.34%	0.00%
3 months	1.02%	0.00%
Year to date	3.17%	—
1 year	4.04%	—
3 years	13.30%	—
5 years	20.38%	—

USFR
VUSXX

Both series indexed to 100 on 2026-06-22 using the adjusted closing price series. Past performance does not guarantee future results.

Sector allocation

Weight of each sector within the fund. Sectors are aligned on the same row so the two funds can be read against each other directly.

USFR
VUSXX

Quick verdict

Compare the metrics above, then add both tickers to a Dividend Wealth portfolio to see combined income forecasts and diversification impact.

Still deciding? Compare them in your portfolio

Forecast dividend income, track payouts, and see how USFR vs VUSXX fits with the rest of your holdings. Free to start — no credit card required for the trial.

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Frequently asked questions

Is USFR or VUSXX better for dividend income?

Compare yield, payout sustainability, and how each fund or stock fits your income goals. Use Dividend Wealth to model both holdings inside a real portfolio forecast.

What is the difference between USFR and VUSXX?

WisdomTree Floating Rate Treasury Fund (USFR) is an ETF listed on AMEX. Vanguard Treasury Money Market Fund (VUSXX) is an ETF listed on NASDAQ. Side-by-side metrics on this page cover yield, fees, returns, drawdowns, holdings overlap and dividend history when available.

Which is riskier, USFR or VUSXX?

Measured by the worst peak-to-trough decline over the last five years, USFR has been riskier: USFR fell as much as 0.4% and VUSXX as much as 0.0%. Their betas are -0.02 and 0.00.

Can I hold both USFR and VUSXX?

Yes. Many income investors hold both to diversify strategy or index exposure. Whether the combination actually diversifies depends on overlapping holdings and factor exposure. Model both inside Dividend Wealth to see combined income, sector mix, and forecast impact.

Where can I compare USFR vs VUSXX with my full portfolio?

Create a free Dividend Wealth account to import or enter holdings, forecast dividend income, and see how USFR and VUSXX fit alongside the rest of your portfolio. A 14-day free trial of Standard is available with no credit card required; a limited Free plan is also available.

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For informational and educational purposes only. Not investment advice. Past performance and current yields do not guarantee future results. Verify figures independently before making investment decisions.