USFR vs XBIL: Yield, Cost and Returns Compared
As of Nov 5, 2026, XBIL yields more: 4.00% (current yield) against 3.71% for USFR. USFR is cheaper to own at 0.15% a year vs 0.15%. Over the same 3 years (Mar 2023 to Oct 2026), USFR returned 4.7% a year with distributions reinvested, and XBIL 4.5%.
USFRWisdomTree Floating Rate Treasury Fund3.71%current yield| Compared | USFR | XBIL |
|---|---|---|
| YieldCurrent yield | 3.71% | 4.00% |
| Expense ratio | 0.15% | 0.15% |
| Total return, 1 yr | +4.0% | +3.7% |
| Total return, 3 yr (a year) | +4.6% | +4.5% |
| Total return, 5 yr (a year) | +4.0% | — |
| Total return, 10 yr (a year) | +2.6% | — |
| Worst drop since Mar 2023 | 0.0% | 0.0% |
| Share price since Mar 2023 | +0% | −0% |
| Pays | Monthly | Monthly |
| Issuer | WisdomTree | F/m Investments LLC |
| Assets | $21.3B | $792.1M |
| Started | 2014 | 2023 |
| Type | Treasury ETF | Treasury ETF |
Higher yield
XBIL
4.00%
Lower cost
USFR
0.15%
Better total return
USFR
4.7%/yr
Smaller worst drop
USFR
0.0%
Key facts: USFR vs XBIL
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, USFR yields 3.71% (current yield) and XBIL yields 4.00% (current yield).
- USFR's expense ratio is 0.15% and XBIL's is 0.15%: $15 vs $15 a year on $10,000.
- From Mar 2023 to Oct 2026, $10,000 in USFR grew to $11,809 (4.7% a year) and $10,000 in XBIL to $11,712 (4.5% a year), distributions reinvested.
- Their worst month-end drops over that time: 0.0% for USFR and 0.0% for XBIL.
Cite this page
SmarterDividends, "USFR vs XBIL: Yield, Cost and Returns Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/usfr-vs-xbil
$10,000 in each, Mar 2023 to Oct 2026
Distributions reinvested, month-end values.
USFR became
$11,809
4.7% a year
XBIL became
$11,712
4.5% a year
Year by year
| Year | USFR | XBIL |
|---|---|---|
| 2025 | +4.2% | +4.2% |
| 2024 | +5.5% | +5.2% |
Total return each calendar year, distributions reinvested.
What each holds and how it's taxed
- USFR · Treasury ETF
- Holds U.S. Treasury securities, so its income is generally exempt from state and local income tax (federal tax still applies).
- XBIL · Treasury ETF
- Holds U.S. Treasury securities, so its income is generally exempt from state and local income tax (federal tax still applies).
General information, not tax advice. Every cash fund by yield →
Top holdings
No overlap in the top ten.
USFR
- DTRXX BNY Dreyfus Treasury Oblgtns Csh Mgt Ins0.0%
XBIL
- Holdings not reported.
USFR vs XBIL: questions
Is USFR or XBIL better?
It depends on the job. XBIL pays more today (4.00% vs 3.71%), USFR costs less, and USFR has the better total return over Mar 2023 to Oct 2026, with USFR holding up better in its worst stretch. For cash you may need soon, yield after tax and how easily you can get the money out matter more than past returns.
Which pays a higher dividend, USFR or XBIL?
XBIL, at 4.00% against 3.71% for USFR as of Nov 5, 2026. On $10,000 that's about $400 vs $371 a year at today's rates.
Which has the better total return?
USFR. From Mar 2023 to Oct 2026, it returned 4.7% a year with distributions reinvested, against 4.5% for XBIL. $10,000 became $11,809 vs $11,712.
Which is cheaper, USFR or XBIL?
USFR, with a 0.15% expense ratio against 0.15%.
How are USFR and XBIL taxed?
USFR: Holds U.S. Treasury securities, so its income is generally exempt from state and local income tax (federal tax still applies). XBIL: Holds U.S. Treasury securities, so its income is generally exempt from state and local income tax (federal tax still applies). General information, not tax advice.
Related comparisons
Yields, costs and holdings as each fund reports them (via Yahoo Finance), updated daily; returns from month-end prices with distributions reinvested. USFR leads on 2 of 3 measures above. For information only, not investment advice. Last fund data: Nov 5, 2026.