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FLOT vs TFLR

iShares Floating Rate Bond ETF vs T. Rowe Price Floating Rate ETF

FLOT

iShares Floating Rate Bond ETF

Annual cost

0.15%

Fund size

$9.3B

TFLR

T. Rowe Price Floating Rate ETF

Annual cost

0.61%

Fund size

$569M

Key differences

  • FLOT costs 0.46% less per year.
  • FLOT is significantly larger than TFLR — larger funds tend to be more liquid and less likely to close.
  • FLOT covers north america markets; TFLR covers global.
  • FLOT follows a index tracking strategy; TFLR uses active selection.
  • Over the last 3 years, TFLR has delivered higher annualized returns.
  • FLOT has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FLOTTFLR
Annual cost (TER)0.15%0.61%
Fund size (AUM)$9.3B$569M
Since20112022
Dividend yield4.66%6.85%
Asset classfixed incomefixed income
Regionnorth americaglobal
Strategyindex trackingactive selection
CAGR 1Y+5.0%+6.0%
CAGR 3Y+5.8%+8.3%
CAGR 5Y+4.2%N/A
Sharpe 3Y1.561.23
Volatility 1Y0.74%1.98%
Max drawdown-13.54%-4.01%

Similar to FLOT and TFLR