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BRLN vs FLRN

iShares Floating Rate Loan Active ETF vs State Street SPDR Bloomberg Investment Grade Floating Rate ETF

BRLN

iShares Floating Rate Loan Active ETF

iShares

Annual cost

0.55%

Fund size

$54M

FLRN

State Street SPDR Bloomberg Investment Grade Floating Rate ETF

State Street Investment Management

Annual cost

0.15%

Fund size

$2.8B

Key differences

  • FLRN costs 0.40% less per year.
  • FLRN is significantly larger than BRLN — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, BRLN has delivered higher annualized returns.
  • FLRN has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

BRLNFLRN
Annual cost (TER)0.55%0.15%
Fund size (AUM)$54M$2.8B
Since20222011
Dividend yield6.51%4.63%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+5.0%+4.9%
CAGR 3Y+7.4%+5.7%
CAGR 5YN/A+4.2%
Sharpe 3Y1.071.65
Volatility 1Y3.03%0.68%
Max drawdown-3.85%-14.64%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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