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TFLR vs TAXE

T. Rowe Price Floating Rate ETF vs T. Rowe Price Intermediate Municipal Income ETF

TFLR

T. Rowe Price Floating Rate ETF

Annual cost

0.61%

Fund size

$569M

TAXE

T. Rowe Price Intermediate Municipal Income ETF

Annual cost

0.24%

Fund size

$157M

Key differences

  • TAXE costs 0.37% less per year.
  • TFLR is significantly larger than TAXE — larger funds tend to be more liquid and less likely to close.
  • TFLR covers global markets; TAXE covers north america.
  • TFLR follows a active selection strategy; TAXE uses index tracking.

Side-by-side comparison

TFLRTAXE
Annual cost (TER)0.61%0.24%
Fund size (AUM)$569M$157M
Since20222024
Dividend yield6.85%3.57%
Asset classfixed incomefixed income
Regionglobalnorth america
Strategyactive selectionindex tracking
CAGR 1Y+6.0%+7.1%
CAGR 3Y+8.3%N/A
CAGR 5YN/AN/A
Sharpe 3Y1.23N/A
Volatility 1Y1.98%2.25%
Max drawdown-4.01%-3.72%

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