iShares USD Floating Rate Bond UCITS ETF USD (Acc) (FLOA.L)
FLOA.L is a passive ETF by iShares tracking the investment results of the Bloomberg US Corp Bond TR USD. FLOA.L launched on Mar 20, 2018 and has a 0.10% expense ratio.
ETF Info
| ISIN | IE00BDFGJ627 |
|---|---|
| WKN | A2JE3Z |
| Issuer | iShares |
| Inception Date | Mar 20, 2018 |
| Category | Corporate Bonds |
| Index Tracked | Bloomberg US Corp Bond TR USD |
| Domicile | Ireland |
| Distribution Policy | Accumulating |
| Asset Class | Bond |
Expense Ratio
FLOA.L features an expense ratio of 0.10%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in iShares USD Floating Rate Bond UCITS ETF USD (Acc), comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
iShares USD Floating Rate Bond UCITS ETF USD (Acc) had a return of 2.49% year-to-date (YTD) and 7.04% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 2.49% | 8.61% |
| 1 month | 0.43% | -0.45% |
| 6 months | 3.51% | 18.66% |
| 1 year | 7.04% | 25.25% |
| 5 years (annualized) | 2.72% | 12.50% |
| 10 years (annualized) | N/A | 10.70% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.65% | 0.72% | 0.48% | 0.46% | ||||||||
| 2023 | 0.35% | 0.53% | 0.60% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of FLOA.L is 99, placing it in the top 1% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
iShares USD Floating Rate Bond UCITS ETF USD (Acc)(FLOA.L)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for iShares USD Floating Rate Bond UCITS ETF USD (Acc) (FLOA.L) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the iShares USD Floating Rate Bond UCITS ETF USD (Acc). 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 USD Floating Rate Bond UCITS ETF USD (Acc) was 14.96%, occurring on Mar 19, 2020. Recovery took 111 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -14.96% | Feb 14, 2020 | 25 | Mar 19, 2020 | 111 | Aug 27, 2020 | 136 |
| -2.53% | Mar 10, 2023 | 4 | Mar 15, 2023 | 25 | Apr 21, 2023 | 29 |
| -1.98% | Feb 14, 2022 | 84 | Jun 16, 2022 | 61 | Sep 12, 2022 | 145 |
| -0.98% | Nov 9, 2018 | 23 | Dec 11, 2018 | 29 | Jan 24, 2019 | 52 |
| -0.65% | Sep 26, 2022 | 14 | Oct 13, 2022 | 20 | Nov 10, 2022 | 34 |
Volatility
Volatility Chart
The current iShares USD Floating Rate Bond UCITS ETF USD (Acc) volatility is 0.27%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.