Back to top
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
WisdomTree Floating Rate Treasury ETF (USFR) - free report >>
We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
WisdomTree Floating Rate Treasury ETF (USFR) - free report >>
Image: Bigstock
Floating Rate Treasury ETF (USFR) Hits New 52-Week High
Investors seeking momentum may have WisdomTree Floating Rate Treasury ETF (USFR - Free Report) on radar now. The fund recently hit a new 52-week high.
But could there be more gains ahead for this ETF? Let’s take a look at the fund and the near-term outlook to get a better idea of where it might be headed.
WisdomTree Floating Rate Treasury ETF (USFR - Free Report)
The underlying Bloomberg U.S. Treasury Floating Rate Bond Index is a rules-based, market value-weighted index engineered to measure the performance of floating rate US Treasury bonds. The expense ratio of USFR is 0.15%.
Why The Move?
The year 2022 could be all about rising rate risks as the Fed is planning to hike rates faster to combat sky-high inflation. This has raised the appeal for floating rate bonds. Since the coupons of these bonds are adjusted periodically, they are less sensitive to an increase in rates compared with traditional bonds.
More Gains Ahead?
The ETF USFR has a positive weighted alpha of 0.50. So, there is a decent outlook ahead for those who want to ride this surging ETF a shade further.