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TMSF vs TFLR

T. Rowe Price Multi-Sector Income ETF vs T. Rowe Price Floating Rate ETF

TMSF

T. Rowe Price Multi-Sector Income ETF

Annual cost

0.37%

Fund size

$29M

TFLR

T. Rowe Price Floating Rate ETF

Annual cost

0.61%

Fund size

$569M

Key differences

  • TMSF costs 0.24% less per year.
  • TFLR is significantly larger than TMSF — larger funds tend to be more liquid and less likely to close.
  • TMSF follows a index tracking strategy; TFLR uses active selection.

Side-by-side comparison

TMSFTFLR
Annual cost (TER)0.37%0.61%
Fund size (AUM)$29M$569M
Since20252022
Dividend yield6.85%
Asset classfixed incomefixed income
Regionglobal
Strategyindex trackingactive selection
CAGR 1YN/A+6.0%
CAGR 3YN/A+8.3%
CAGR 5YN/AN/A
Sharpe 3YN/A1.23
Volatility 1Y1.98%
Max drawdown-2.28%-4.01%

Similar to TMSF and TFLR