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FLGV vs USFR

Franklin U.S. Treasury Bond ETF

FLGVBNYSE Arca

WisdomTree Floating Rate Treasury Fund

USFR—NYSE Arca

Overlap

No data

Expense ratio

FLGV −0.06pt a year

FLGV0.09%USFR0.15%

Avg volume · 30D

USFR 25.3×the volume

FLGV230KUSFR5.81M

5Y return · a year

USFR +4.4pt

FLGV−0.4%USFR+4.0%

FLGV vs USFR Performance

Oct 29, 2021 – Oct 30, 2026

−1.8%FLGV+21.8%USFR

Oct 29, 2021 to Oct 30, 2026. FLGV −1.8%. USFR +21.8%. Use the arrow keys to read each point.−10%10%Oct 2021Apr 2024Oct 2026
Expense ratio
FLGV 0.09%, better
USFR 0.15%
Fund size
FLGV $1.24B
USFR $21.3B
1Y total return
FLGV −0.3%
USFR +4.0%, better
Yield (12M)
FLGV 4.23%, better
USFR 3.71%
Holdings
FLGV 66
USFR 7
Avg volume (30D)
FLGV 230K sh
USFR 5.81M sh, better
NAV per share
FLGV $19.84
USFR $50.40
52W range

ETF.net Grade

  • —USFRUnder classification review
FLGV: Cost 70, Risk 46, Mission 95, Tradability 50, Holdings 53, Durability 58.
Pillar letters and Scores for FLGV, USFR, with each pillar’s weight
PillarFLGVUSFR
Cost30% weightA70Not scored
Mission25% weightA95Not scored
Risk15% weightC46Not scored
Tradability15% weightC50Not scored
Holdings10% weightC53Not scored
Durability5% weightB58Not scored

Rank among US Treasury & Government funds

How we build Categories ›

US Treasury & Government⁠

Category · 16 funds
See all 16 ›

FLGV ranks 4th of 16 funds in the US Treasury & Government Category.

  1. Rank 1AGOVTiShares U.S. Treasury Bond ETFScore 79
  2. Rank 2ASPTBState Street SPDR Portfolio Treasury ETFScore 78
  3. Rank 3AVTGVanguard Total Treasury ETFScore 75
  4. Rank 4BFLGVFranklin U.S. Treasury Bond ETFScore 67
  5. Rank 5BSGVTSchwab Government Money Market ETFScore 64
  6. USFRNot yet graded

Our read on each fund

ETF.net Research

FLGVBFranklin U.S. Treasury Bond ETF

USFR—WisdomTree Floating Rate Treasury Fund

In short

FLGV Treasuries only, anywhere from 1 to 30 years, in one ticker. Franklin charges 0.09%, under the typical fee in its Treasury peer group, and the income lands monthly.

USFR No data

Stated mandate

FLGV The Fund seeks income and normally invests at least 80% of net assets in direct U.S. Treasury obligations and related Treasury exposures. It may hold Treasury securities of any maturity, with primary emphasis on remaining maturities from 1 to 30 years.

USFR No data

Why people hold it

  • FLGV One ticker for the whole Treasury curve: at least 80% of net assets in direct U.S. Treasury obligations, with the emphasis on maturities running 1 to 30 years.
  • 0.09% a year undercuts the 0.12% median for Treasury funds in its peer group. On government paper, where yields are what they are, the fee is the lever you control.
  • Pays monthly, and it is a multi-billion-dollar fund, so the income arrives on a predictable schedule rather than in quarterly lumps.
  • Since its 2020 launch it has hewed tightly to its stated Treasury mandate, one of the closer mandate matches in a crowded Treasury peer group.

USFR No data

Worth knowing

  • FLGV Cheaper shelf-mates exist: VGIT and VTG run 0.03%, a third of this fee. You are paying a bit more for Franklin's version of the same government paper.
  • Moderately traded rather than one of the tape's busiest Treasury funds, so spreads matter more on large or hurried orders.
  • Holdings can stretch out to 30-year maturities, so this carries real interest-rate sensitivity, not the calm of a T-bill fund.

USFR No data

Full FLGV profile⁠

Full USFR profile⁠

FLGV vs USFR Holdings

How FLGV and USFR differ

No overlap figure

Two bond funds rarely hold the same issues.

Level by level

  • Asset classFixed Income100%
  • Countryby domicile100%

Sector

No Sector split for FLGV and USFR.

Country, concentration and asset class

Country by domicile

Country weights in FLGV and USFR, widest gap first
CountryMore in FLGVMore in USFR
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • FLGV44.6%
  • USFR100.0%

Securities held

  • FLGV63
  • USFR5

Asset class

FLGV
Fixed Income
USFR
Fixed Income

Holdings

Two bond funds rarely hold the same issues, so this page lists no shared Holdings. FLGV holds 63 securities, USFR 5.

All FLGV holdings⁠All 6 USFR holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FLGV vs USFR Cost

Overpaying USFR vs FLGV

$1,239

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • FLGV 0.09%

    $1,898

  • USFR 0.15%

    $3,137

$10,000
30 years

Cost over time

  • FLGV 0.09%
  • USFR 0.15%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K051015202530USFR $3,137FLGV $1,898

Year by year

YearFLGVUSFROverpaying
10$165$274$109
20$646$1,071$425
30$1,898$3,137$1,239

Expense ratio

  • 0.09%FLGV, cheaper
  • 0.15%USFR
  • Middle half of US Treasury & Government funds
  • Median 0.15%

FLGV 5th cheapest of 16 funds

USFR 7th cheapest of 16 funds

FLGV vs USFR Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
FLGV 4.23%, better
USFR 3.71%
Payout (12M)
FLGV $0.84
USFR $1.87
Last payment
FLGV $0.06
USFR $0.17
Ex-dividend
FLGV Oct 1, 2026
USFR Oct 27, 2026
Paid on
FLGV Oct 6, 2026
USFR Oct 29, 2026
Frequency
FLGV Monthly
USFR Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

FLGVMonthly · 45 paymentsAll FLGV payments⁠
One bar per payment. 45 payments from 2023 to 2026 YTD. Feb 1, 2023 $0.06; Mar 1, 2023 $0.05; Apr 3, 2023 $0.06; May 1, 2023 $0.06; Jun 1, 2023 $0.07; Jul 3, 2023 $0.06; Aug 1, 2023 $0.06; Sep 1, 2023 $0.07; Oct 2, 2023 $0.05; Nov 1, 2023 $0.07; Dec 1, 2023 $0.06; Dec 15, 2023 $0.06; Feb 1, 2024 $0.06; Mar 1, 2024 $0.06; Apr 1, 2024 $0.07; May 1, 2024 $0.08; Jun 3, 2024 $0.07; Jul 1, 2024 $0.07; Aug 1, 2024 $0.07; Sep 3, 2024 $0.07; Oct 1, 2024 $0.06; Nov 1, 2024 $0.08; Dec 2, 2024 $0.07; Dec 13, 2024 $0.08; Feb 3, 2025 $0.07; Mar 3, 2025 $0.07; Apr 1, 2025 $0.06; May 1, 2025 $0.07; Jun 2, 2025 $0.07; Jul 1, 2025 $0.07; Aug 1, 2025 $0.07; Sep 2, 2025 $0.07; Oct 1, 2025 $0.07; Nov 3, 2025 $0.08; Dec 1, 2025 $0.06; Dec 19, 2025 $0.08; Feb 2, 2026 $0.07; Mar 2, 2026 $0.06; Apr 1, 2026 $0.07; May 1, 2026 $0.08; Jun 1, 2026 $0.07; Jul 1, 2026 $0.07; Aug 3, 2026 $0.08; Sep 1, 2026 $0.06; Oct 1, 2026 $0.06. Use the arrow keys to read each point.$0$0.2520232026YTD
USFRMonthly · 46 paymentsAll USFR payments⁠
One bar per payment. 46 payments from 2023 to 2026 YTD. Jan 25, 2023 $0.19; Feb 22, 2023 $0.19; Mar 27, 2023 $0.20; Apr 24, 2023 $0.21; May 24, 2023 $0.22; Jun 26, 2023 $0.22; Jul 25, 2023 $0.23; Aug 25, 2023 $0.23; Sep 25, 2023 $0.22; Oct 25, 2023 $0.23; Nov 24, 2023 $0.23; Dec 22, 2023 $0.24; Jan 25, 2024 $0.23; Feb 23, 2024 $0.22; Mar 22, 2024 $0.23; Apr 24, 2024 $0.23; May 24, 2024 $0.23; Jun 25, 2024 $0.23; Jul 26, 2024 $0.23; Aug 27, 2024 $0.23; Sep 25, 2024 $0.21; Oct 28, 2024 $0.20; Nov 25, 2024 $0.19; Dec 26, 2024 $0.20; Jan 28, 2025 $0.17; Feb 25, 2025 $0.17; Mar 26, 2025 $0.18; Apr 25, 2025 $0.18; May 27, 2025 $0.18; Jun 25, 2025 $0.19; Jul 28, 2025 $0.18; Aug 26, 2025 $0.18; Sep 25, 2025 $0.17; Oct 28, 2025 $0.18; Nov 24, 2025 $0.15; Dec 26, 2025 $0.16; Jan 27, 2026 $0.16; Feb 24, 2026 $0.14; Mar 26, 2026 $0.15; Apr 27, 2026 $0.16; May 26, 2026 $0.15; Jun 25, 2026 $0.15; Jul 28, 2026 $0.16; Aug 26, 2026 $0.16; Sep 25, 2026 $0.16; Oct 27, 2026 $0.17. Use the arrow keys to read each point.$0$0.2520232026YTD

FLGV vs USFR Risk

Fall from peak · 5 years

  • FLGV
  • USFR
Oct 29, 2021 to Oct 30, 2026. Worst fall: FLGV −14.8% · Oct 2023. Use the arrow keys to read each point.−15%−10%−5%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
FLGV 5.1%USFR 0.3%, better
Return per unit of riskSharpe ratio, 3 years
FLGV −0.01USFR 0.19, better
Worst fallMax drawdown, 5 years
FLGV −14.8%USFR −0.2%, better
Market sensitivityBeta, 5 years
FLGV 0.88USFR −0.02

FLGV and USFR in the news

All news⁠

Popular comparisons

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