iShares Floating Rate Bond ETF (FLOT)
FLOT is a passive ETF by iShares tracking the investment results of the Bloomberg US Floating Rate Notes (<5 Y). FLOT launched on Jun 14, 2011 and has a 0.20% expense ratio.
Share Price Chart
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Performance
The chart shows the growth of $10,000 invested in iShares Floating Rate Bond ETF in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $11,577 for a total return of roughly 15.77%. All prices are adjusted for splits and dividends.
Compare to other instruments
Popular comparisons: FLOT vs. SGOV, FLOT vs. FLRN, FLOT vs. USFR, FLOT vs. FLTR, FLOT vs. BND, FLOT vs. IUSB, FLOT vs. FALN, FLOT vs. TIP, FLOT vs. TLT, FLOT vs. AGG
Return
iShares Floating Rate Bond ETF had a return of -0.05% year-to-date (YTD) and 1.84% in the last 12 months. Over the past 10 years, iShares Floating Rate Bond ETF had an annualized return of 1.21%, while the S&P 500 had an annualized return of 9.71%, indicating that iShares Floating Rate Bond ETF did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
1 month | -0.99% | -5.31% |
Year-To-Date | -0.05% | 2.01% |
6 months | 1.28% | 0.39% |
1 year | 1.84% | -10.12% |
5 years (annualized) | 1.49% | 7.32% |
10 years (annualized) | 1.21% | 9.71% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2023 | 0.66% | 0.72% | ||||||||||
2022 | 0.05% | 0.19% | 0.70% | 0.60% |
Dividend History
iShares Floating Rate Bond ETF granted a 2.94% dividend yield in the last twelve months. The annual payout for that period amounted to $1.46 per share.
Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $1.46 | $1.04 | $0.22 | $0.63 | $1.42 | $1.21 | $0.74 | $0.49 | $0.27 | $0.22 | $0.24 | $0.51 |
Dividend yield | 2.94% | 2.08% | 0.44% | 1.29% | 2.91% | 2.59% | 1.61% | 1.09% | 0.60% | 0.50% | 0.54% | 1.15% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares Floating Rate Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2023 | $0.00 | $0.22 | ||||||||||
2022 | $0.00 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.05 | $0.07 | $0.11 | $0.13 | $0.17 | $0.39 |
2021 | $0.00 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 |
2020 | $0.00 | $0.09 | $0.09 | $0.09 | $0.09 | $0.08 | $0.04 | $0.04 | $0.03 | $0.02 | $0.02 | $0.05 |
2019 | $0.00 | $0.13 | $0.12 | $0.13 | $0.12 | $0.13 | $0.12 | $0.12 | $0.13 | $0.11 | $0.11 | $0.19 |
2018 | $0.00 | $0.07 | $0.08 | $0.08 | $0.09 | $0.10 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.24 |
2017 | $0.00 | $0.05 | $0.05 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.07 | $0.07 | $0.07 | $0.13 |
2016 | $0.00 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.12 |
2015 | $0.00 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.05 |
2014 | $0.00 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 |
2013 | $0.00 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 |
2012 | $0.04 | $0.04 | $0.05 | $0.04 | $0.05 | $0.03 | $0.05 | $0.04 | $0.04 | $0.04 | $0.07 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below shows the maximum drawdowns of the iShares Floating Rate Bond ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.
The maximum drawdown since January 2010 for the iShares Floating Rate Bond ETF is 13.54%, recorded on Mar 19, 2020. It took 96 trading sessions for the portfolio to recover.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-13.54% | Feb 24, 2020 | 19 | Mar 19, 2020 | 96 | Aug 5, 2020 | 115 |
-2.64% | Jul 11, 2011 | 64 | Oct 7, 2011 | 95 | Feb 24, 2012 | 159 |
-2.37% | Mar 9, 2023 | 5 | Mar 15, 2023 | — | — | — |
-1.74% | Oct 1, 2021 | 179 | Jun 16, 2022 | 67 | Sep 22, 2022 | 246 |
-1.06% | Nov 13, 2018 | 16 | Dec 6, 2018 | 30 | Jan 22, 2019 | 46 |
-0.84% | Mar 5, 2012 | 57 | May 23, 2012 | 30 | Jul 6, 2012 | 87 |
-0.64% | Nov 2, 2012 | 21 | Dec 3, 2012 | 15 | Dec 24, 2012 | 36 |
-0.6% | Sep 26, 2022 | 15 | Oct 14, 2022 | 12 | Nov 1, 2022 | 27 |
-0.59% | May 20, 2015 | 204 | Mar 10, 2016 | 25 | Apr 15, 2016 | 229 |
-0.56% | Sep 30, 2014 | 63 | Dec 29, 2014 | 97 | May 19, 2015 | 160 |
Volatility Chart
Current iShares Floating Rate Bond ETF volatility is 11.53%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.
Alternatives
Symbol | Inception | Expense Ratio | YTD Ret. | 10Y Ann. Ret. | Div. Yield | Max. Drawdown | Sharpe Ratio |
---|---|---|---|---|---|---|---|
FLRN | Nov 30, 2011 | 0.15% | 0.5% | 1.3% | 2.9% | -14.6% | 0.9 |