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FLRN vs USLN

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

FLRN

State Street SPDR Bloomberg Investment Grade Floating Rate ETF

State Street Investment Management

Annual cost

0.15%

Fund size

$2.8B

USLN

iShares Broad USD Floating Rate Loan ETF

iShares

Annual cost

0.40%

Fund size

$23M

Key differences

  • FLRN costs 0.25% less per year.
  • FLRN is significantly larger than USLN — larger funds tend to be more liquid and less likely to close.
  • FLRN has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FLRNUSLN
Annual cost (TER)0.15%0.40%
Fund size (AUM)$2.8B$23M
Since20112026
Dividend yield4.63%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+5.0%N/A
CAGR 3Y+5.7%N/A
CAGR 5Y+4.2%N/A
Sharpe 3Y1.62N/A
Volatility 1Y0.68%
Max drawdown-14.64%-0.75%

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

Similar to FLRN and USLN