BrandywineGLOBAL - U.S. Fixed Income ETF (USFI) Performance
USFI total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +0.1% since Dec 31, 2025
- 1 year
- +0.0% total return
- 3 years
- +6.3% a year
- Since first price
- +3.4% a year since 2023
USFI trailing returns vs AGG, TLT, SPY
| Period | USFI total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.6% | +0.2% | +0.9% | +1.5% | −1.0% |
| 3 months | −0.4% | −1.4% | −0.4% | −1.0% | +3.2% |
| 6 months | −0.4% | −2.7% | −1.5% | −3.8% | +7.8% |
| YTD | +0.1% | −3.1% | −1.0% | −3.4% | +12.3% |
| 1 year | +0.0% | −4.2% | −1.1% | −6.9% | +14.4% |
| 3 years | +20.1%+6.3%/yr | +5.0% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| Since inceptionJul 27, 2023 | +11.5%+3.4%/yr | −3.3% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: USFI vs AGG
From Jul 27, 2023: USFI grew to $11,145, AGG to $11,171.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
USFI returns by calendar year
2 of 2 full years positive. Best 2025 (+7.0%), worst 2024 (+1.1%). 2026 is year to date.
USFI annual returns table
| Year | USFI | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +0.1% | −2.9% | −1.0% | −3.4% | +12.3% |
| 2025 | +7.0% | −2.5% | +7.2% | +4.3% | +17.7% |
| 2024 | +1.1% | −6.1% | +1.3% | −8.1% | +24.9% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
USFI largest drawdowns
Now 1.4% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jul 31, 2023 | −8.5% | Oct 19, 2023 | Dec 13, 2023 | 3 months | 4 months |
| Dec 27, 2023 | −6.4% | Apr 25, 2024 | Jul 31, 2024 | 4 months | 7 months |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
USFI risk statistics
| Statistic | 3 years | Since 2023 |
|---|---|---|
| Annualized return | +4.9% | +2.9% |
| Volatility (annualized) | 6.8% | 7.1% |
| Sharpe ratio | 0.09 | -0.19 |
| Sortino ratio | 0.14 | -0.26 |
| Best month | +6.2% | +6.2% |
| Worst month | −4.1% | −4.2% |
| Best 12 months | +13.6% | +13.6% |
| Worst 12 months | −0.4% | −0.4% |
| Positive months | 61% | 58% |
| Beta vs S&P 500 | 0.24 | — |
| Correlation with S&P 500 | 0.44 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
USFI rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 28 | −0.4% | +5.5% | +13.6% | 96% |
| 3-year (a year) | 4 | +3.6% | +4.5% | +6.3% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
USFI performance overview
BrandywineGLOBAL - U.S. Fixed Income ETF (USFI) returned +0.0% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned +3.4% a year, turning $10,000 into about $11,145. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −8.5%, from Jul 31, 2023 to Oct 19, 2023, and it took 55 days to get back to the old high. Volatility has been 7.1% a year.
Related: USFI chart, USFI dividends, USFI bond profile. See the USFI overview for the latest quote and fund facts.
USFI performance FAQ
What is the USFI return over the past year?
USFI returned +0.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 4.2%.
How much would $10,000 invested in USFI be worth?
$10,000 invested in USFI at its first recorded close on July 27, 2023 would be worth about $11,145 on October 23, 2026 with distributions reinvested.
What was the worst year for USFI?
The worst calendar year was 2024, with a total return of +1.1%. The best was 2025 at +7.0%.
What is the biggest drawdown of USFI?
The largest peak-to-trough decline was −8.5% between July 31, 2023 and October 19, 2023. It recovered to the old high on December 13, 2023, 55 days after the bottom.
How volatile is USFI?
Over the past 3 years USFI had an annualized volatility of 6.8% and a Sharpe ratio of 0.09 (excess return over 1–3 month T-bills per unit of risk).