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USLN vs FLRN

iShares Broad USD Floating Rate Loan ETF vs State Street SPDR Bloomberg Investment Grade Floating Rate ETF

USLN

iShares Broad USD Floating Rate Loan ETF

iShares

Annual cost

0.40%

Fund size

$23M

FLRN

State Street SPDR Bloomberg Investment Grade Floating Rate ETF

State Street Investment Management

Annual cost

0.15%

Fund size

$2.8B

Key differences

  • FLRN costs 0.25% less per year.
  • FLRN is significantly larger than USLN — larger funds tend to be more liquid and less likely to close.
  • FLRN has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

USLNFLRN
Annual cost (TER)0.40%0.15%
Fund size (AUM)$23M$2.8B
Since20262011
Dividend yield4.63%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1YN/A+5.0%
CAGR 3YN/A+5.7%
CAGR 5YN/A+4.2%
Sharpe 3YN/A1.62
Volatility 1Y0.68%
Max drawdown-0.75%-14.64%

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

Similar to USLN and FLRN