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FLOT vs PVI

iShares Floating Rate Bond ETF vs Invesco Floating Rate Municipal Income ETF

FLOT

iShares Floating Rate Bond ETF

iShares

Annual cost

0.15%

Fund size

$9.3B

PVI

Invesco Floating Rate Municipal Income ETF

Invesco

Annual cost

0.25%

Fund size

$31M

Key differences

  • FLOT costs 0.10% less per year.
  • FLOT is significantly larger than PVI — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, FLOT has delivered higher annualized returns.

Side-by-side comparison

FLOTPVI
Annual cost (TER)0.15%0.25%
Fund size (AUM)$9.3B$31M
Since20112007
Dividend yield4.66%2.16%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+5.0%+2.3%
CAGR 3Y+5.8%+2.7%
CAGR 5Y+4.2%+1.9%
Sharpe 3Y1.53-0.34
Volatility 1Y0.74%2.61%
Max drawdown-13.54%-1.16%

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

Similar to FLOT and PVI