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TFLR vs TFLO

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

TFLR

T. Rowe Price Floating Rate ETF

T. Rowe Price

Annual cost

0.61%

Fund size

$569M

TFLO

iShares Treasury Floating Rate Bond ETF

iShares

Annual cost

0.15%

Fund size

$6.7B

Key differences

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

Side-by-side comparison

TFLRTFLO
Annual cost (TER)0.61%0.15%
Fund size (AUM)$569M$6.7B
Since20222014
Dividend yield6.85%3.99%
Asset classfixed incomefixed income
Regionglobalnorth america
Strategyactive selectionindex tracking
CAGR 1Y+6.0%+4.0%
CAGR 3Y+8.3%+4.8%
CAGR 5YN/A+3.6%
Sharpe 3Y1.233.57
Volatility 1Y1.98%0.28%
Max drawdown-4.01%-0.16%

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

Similar to TFLR and TFLO