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TFLR vs TMNS

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

TFLR

T. Rowe Price Floating Rate ETF

Annual cost

0.61%

Fund size

$569M

TMNS

T. Rowe Price Short Municipal Income ETF

Annual cost

0.18%

Fund size

$21M

Key differences

  • TMNS costs 0.43% less per year.
  • TFLR is significantly larger than TMNS — larger funds tend to be more liquid and less likely to close.
  • TFLR covers global markets; TMNS covers north america.
  • TFLR follows a active selection strategy; TMNS uses index tracking.

Side-by-side comparison

TFLRTMNS
Annual cost (TER)0.61%0.18%
Fund size (AUM)$569M$21M
Since20222025
Dividend yield6.85%
Asset classfixed incomefixed income
Regionglobalnorth america
Strategyactive selectionindex tracking
CAGR 1Y+6.0%N/A
CAGR 3Y+8.3%N/A
CAGR 5YN/AN/A
Sharpe 3Y1.23N/A
Volatility 1Y1.98%
Max drawdown-4.01%-1.28%

Similar to TFLR and TMNS