SGOV vs USFR: yields and differences
SGOV holds short Treasury bills; USFR holds floating-rate Treasury notes. Their interest-rate exposure and coupon resets differ. Compare 30-day SEC yields on matching dates and consider spreads, expenses and access to trading. A missing or older observation cannot establish a yield winner.
SGOV
iShares 0-3 Month Treasury Bond ETF
- 30-day SEC yield
- 3.63%
- Expense ratio
- 0.09% Included in reported net yield; do not subtract twice.
- Product
- Treasury bill ETF
- Minimum investment
- Broker-dependent share or fractional-share purchase
USFR
WisdomTree Floating Rate Treasury Fund
- 30-day SEC yield
- Unavailable
- Expense ratio
- 0.15% Included in reported net yield; do not subtract twice.
- Product
- Floating-rate Treasury ETF
- Minimum investment
- Broker-dependent share or fractional-share purchase
No usable yield observation is published. The recorded 0.15% matches an expense ratio and is withheld. Check the official source.
Official USFR yield and termsPortfolio and cash access
SGOV
Tracks an index of U.S. Treasury bills with maturities of up to three months. Trades on an exchange during market hours. Share prices fluctuate, and bid/ask spreads and settlement affect access to cash.
Official SGOV sourceUSFR
Tracks U.S. Treasury floating-rate notes, whose coupons reset with short-term Treasury bill rates. Trades on an exchange during market hours. Floating coupons reduce rate sensitivity but do not guarantee a fixed share price or return.
Official USFR sourceCompare like-for-like
Check both observation dates before comparing yields. Reported net yields already reflect fund expenses. These funds are investments without deposit insurance; neither a displayed yield nor historical performance guarantees your return.
State tax treatment depends on annual income allocations and state rules. A Treasury portfolio label alone does not establish an exemption percentage.
Compare with explicit tax assumptions