WisdomTree U.S. Multifactor Fund (USMF) Performance
USMF total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +1.5% since Dec 31, 2025
- 1 year
- +1.5% total return
- 5 years
- +6.2% a year
- Since first price
- +9.8% a year since 2017
USMF trailing returns vs SPY, QQQ, AGG
| Period | USMF total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −1.6% | −1.9% | −1.0% | −5.0% | +0.9% |
| 3 months | −2.1% | −2.4% | +3.2% | +1.9% | −0.4% |
| 6 months | +1.1% | +0.6% | +7.8% | +8.4% | −1.5% |
| YTD | +1.5% | +0.5% | +12.3% | +15.1% | −1.0% |
| 1 year | +1.5% | +0.3% | +14.4% | +15.9% | −1.1% |
| 3 years | +43.0%+12.7%/yr | +37.4% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +35.2%+6.2%/yr | +25.8% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionJun 29, 2017 | +138.1%+9.8%/yr | +107.8% | — | — | — |
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: USMF vs SPY
From Jun 29, 2017: USMF grew to $23,807, SPY to $36,320.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
USMF returns by calendar year
6 of 8 full years positive. Best 2019 (+24.1%), worst 2022 (−8.8%). 2026 is year to date.
USMF annual returns table
| Year | USMF | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +1.5% | −6.2% | +12.3% | +15.1% | −1.0% |
| 2025 | +4.6% | −14.2% | +17.7% | +20.8% | +7.2% |
| 2024 | +19.6% | −6.0% | +24.9% | +25.6% | +1.3% |
| 2023 | +13.5% | −10.0% | +26.2% | +54.9% | +5.7% |
| 2022 | −8.8% | −18.1% | −18.2% | −32.6% | −13.0% |
| 2021 | +21.3% | −5.9% | +28.7% | +27.4% | −1.8% |
| 2020 | +12.0% | −36.2% | +18.3% | +48.6% | +7.5% |
| 2019 | +24.1% | −5.2% | +31.2% | +39.0% | +8.5% |
| 2018 | −4.7% | −19.1% | −4.6% | −0.1% | +0.1% |
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.
USMF largest drawdowns
Now 5.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 19, 2020 | −36.2% | Mar 23, 2020 | Sep 2, 2020 | 33 days | 6 months |
| Sep 14, 2018 | −19.1% | Dec 24, 2018 | Jul 3, 2019 | 3 months | 10 months |
| Jan 4, 2022 | −18.1% | Sep 27, 2022 | Dec 4, 2023 | 9 months | 1.9 years |
| Nov 26, 2024 | −15.4% | Apr 8, 2025 | Sep 11, 2025 | 4 months | 9 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
USMF risk statistics
| Statistic | 3 years | 5 years | Since 2017 |
|---|---|---|---|
| Annualized return | +12.1% | +7.5% | +9.9% |
| Volatility (annualized) | 11.2% | 13.7% | 14.9% |
| Sharpe ratio | 0.70 | 0.34 | 0.55 |
| Sortino ratio | 1.18 | 0.53 | 0.82 |
| Best month | +7.9% | +10.8% | +13.8% |
| Worst month | −5.4% | −8.3% | −15.6% |
| Best 12 months | +32.0% | +32.0% | +56.3% |
| Worst 12 months | −0.6% | −10.8% | −13.6% |
| Positive months | 61% | 53% | 62% |
| Beta vs S&P 500 | 0.69 | 0.76 | — |
| Correlation with S&P 500 | 0.77 | 0.86 | — |
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.
USMF rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 101 | −13.6% | +8.0% | +56.3% | 83% |
| 3-year (a year) | 77 | +5.8% | +10.3% | +19.0% | 100% |
| 5-year (a year) | 53 | +6.3% | +9.8% | +16.8% | 100% |
Every holding period starting at a month-end since 2017. Returns for 3 years and longer are annualized.
USMF performance overview
WisdomTree U.S. Multifactor Fund (USMF) returned +1.5% over the past year and +6.2% a year over five years, with distributions reinvested. Since its first recorded price in 2017 it has returned +9.8% a year, turning $10,000 into about $23,807. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −36.2%, from Feb 19, 2020 to Mar 23, 2020, and it took 5 months to get back to the old high. USMF finished 6 of its 8 full calendar years with a gain; the best year was 2019 (+24.1%) and the worst 2022 (−8.8%). Volatility has been 14.9% a year.
Related: USMF chart, USMF holdings, USMF dividends, USMF valuation. See the USMF overview for the latest quote and fund facts.
USMF performance FAQ
What is the USMF return over the past year?
USMF returned +1.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 0.3%.
What is the average annual return of USMF?
USMF has returned +6.2% a year over 5 years, +9.8% a year since June 29, 2017 (total return, distributions reinvested).
How much would $10,000 invested in USMF be worth?
$10,000 invested in USMF at its first recorded close on June 29, 2017 would be worth about $23,807 on October 23, 2026 with distributions reinvested.
What was the worst year for USMF?
The worst calendar year was 2022, with a total return of −8.8%. The best was 2019 at +24.1%.
What is the biggest drawdown of USMF?
The largest peak-to-trough decline was −36.2% between February 19, 2020 and March 23, 2020. It recovered to the old high on September 2, 2020, 5 months after the bottom.
How volatile is USMF?
Over the past 3 years USMF had an annualized volatility of 11.2% and a Sharpe ratio of 0.70 (excess return over 1–3 month T-bills per unit of risk).