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TFLR vs TLT

T. Rowe Price Floating Rate ETF vs iShares 20+ Year Treasury Bond ETF

TFLR

T. Rowe Price Floating Rate ETF

T. Rowe Price

Annual cost

0.61%

Fund size

$569M

TLT

iShares 20+ Year Treasury Bond ETF

iShares

Annual cost

0.15%

Fund size

$42.9B

Key differences

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

Side-by-side comparison

TFLRTLT
Annual cost (TER)0.61%0.15%
Fund size (AUM)$569M$42.9B
Since20222002
Dividend yield6.85%4.57%
Asset classfixed incomefixed income
Regionglobalnorth america
Strategyactive selectionindex tracking
CAGR 1Y+6.0%+5.5%
CAGR 3Y+8.3%-1.6%
CAGR 5YN/A-5.8%
Sharpe 3Y1.23-0.30
Volatility 1Y1.98%9.95%
Max drawdown-4.01%-48.35%

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

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