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FLRN vs BRLN

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

FLRN

State Street SPDR Bloomberg Investment Grade Floating Rate ETF

State Street Investment Management

Annual cost

0.15%

Fund size

$2.8B

BRLN

iShares Floating Rate Loan Active ETF

iShares

Annual cost

0.55%

Fund size

$54M

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

FLRNBRLN
Annual cost (TER)0.15%0.55%
Fund size (AUM)$2.8B$54M
Since20112022
Dividend yield4.63%6.51%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+5.0%+5.1%
CAGR 3Y+5.7%+7.5%
CAGR 5Y+4.2%N/A
Sharpe 3Y1.621.09
Volatility 1Y0.68%3.03%
Max drawdown-14.64%-3.85%

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

Similar to FLRN and BRLN