iShares $ Floating Rate Bond UCITS ETF EUR Hedged (Dist) (0FLE.L)

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iShares $ Floating Rate Bond UCITS ETF EUR Hedged (Dist) (0FLE.L) is up 2.2% since the beginning of the year. 0FLE.L is currently trading at €4 per share. Investors who bought €1,000 worth of 0FLE.L shares 5 years ago would now be looking at an investment worth €1,137.

iShares $ Floating Rate Bond UCITS ETF EUR Hedged (Dist) (0FLE.L) has returned 2.21% so far this year and 3.40% over the past 12 months.

Based on dividend-adjusted daily data since Aug 10, 2017, 0FLE.L's average daily return is +0.01%, while the average monthly return is +0.11%. At this rate, an investment would double in approximately 52.5 years.

Historically, 48% of months were positive and 52% were negative. The best month was Nov 2019 with a return of +1.5%, while the worst month was May 2020 at -1.4%. The longest winning streak lasted 24 consecutive months, and the longest losing streak was 3 months.

On a daily basis, 0FLE.L closed higher 7% of trading days. The best single day was Nov 16, 2023 with a return of +3.2%, while the worst single day was Nov 22, 2023 at -2.9%.

iShares $ Floating Rate Bond UCITS ETF EUR Hedged (Dist) has an annualized alpha of 1.40%, beta of -0.00, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since August 10, 2017.

• This ETF captured 3.51% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -0.93%) - a profile typical of hedging or uncorrelated assets.
• Beta of -0.00 may look defensive, but with R2 of 0.00 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R2 of 0.00 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

0FLE.L has an expense ratio of 0.12%, which is considered low.

0FLE.L ranks 69 for risk / return — better than 69% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

iShares $ Floating Rate Bond UCITS ETF EUR Hedged (Dist) provided a 4.69% dividend yield over the last twelve months, with an annual payout of €0.20 per share.

The table displays the monthly dividend distributions for iShares $ Floating Rate Bond UCITS ETF EUR Hedged (Dist). The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the iShares $ Floating Rate Bond UCITS ETF EUR Hedged (Dist). A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the iShares $ Floating Rate Bond UCITS ETF EUR Hedged (Dist) was 3.91%, occurring on Oct 13, 2022. Recovery took 149 trading sessions.

The chart below shows the rolling one-month volatility.