EFFR
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Comparison page
EFFR vs SOFR
Compare the policy-sensitive federal funds benchmark with the secured overnight financing benchmark across real historical windows.
SOFR
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Historical change comparison
| Range | EFFR | SOFR | Spread |
|---|---|---|---|
| 1D | — | — | — |
| 5D | — | — | — |
| 1M | — | — | — |
| 6M | — | — | — |
| 1Y | — | — | — |
| ALL | — | — | — |
EFFR and SOFR often move closely, but they are not identical. EFFR reflects overnight federal funds activity, while SOFR reflects overnight secured funding backed by Treasury collateral.
Related pages: Fed interest rate and SOFR rate.