iShares Floating Rate Bond ETF (FLOT) belongs to the Corporate Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FLOT. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FLOT
FLOT charges 0.20% annually. There are 81 ETFs in the Corporate Bonds category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Portfolio Corporate Bond ETF | 0.03% | 1.97B | Apr 2011 | FLOT vs SPBO | |
| Vanguard Long-Term Corporate Bond ETF | 0.04% | 8.60B | Nov 2009 | FLOT vs VCLT | |
| Vanguard Intermediate-Term Corporate Bond ETF | 0.04% | 68.10B | Nov 2009 | FLOT vs VCIT | |
| iShares Broad USD Investment Grade Corporate Bond ... | 0.04% | 17.38B | Jan 2007 | FLOT vs USIG | |
| Vanguard Short-Term Corporate Bond ETF | 0.04% | 49.50B | Nov 2009 | FLOT vs VCSH |
Best Risk-Adjusted Alternatives to FLOT
FLOT has a PortfoliosLab risk / return rank of 98. There are 5 ETFs in the Corporate Bonds category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares iBonds Dec 2026 Term Corporate ETF | 99 | 3.60B | Sep 2016 | FLOT vs IBDR | |
| Invesco BulletShares 2026 Corporate Bond ETF | 99 | 3.80B | Sep 2016 | FLOT vs BSCQ | |
| State Street My2026 Corporate Bond ETF | 99 | 46.36M | Sep 2024 | FLOT vs MYCF | |
| SPDR Bloomberg Barclays Investment Grade Floating ... | 99 | 2.93B | Nov 2011 | FLOT vs FLRN | |
| VanEck Vectors Investment Grade Floating Rate ETF | 99 | 2.75B | Apr 2011 | FLOT vs FLTR |
Top Performing FLOT Alternatives (YTD)
FLOT is at 1.89% YTD. There are 7 ETFs in the Corporate Bonds category with higher YTD returns, going as high as 2.82%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| JPMorgan BetaBuilders USD Investment Grade Corpora... | 2.82% | 45.39M | Dec 2018 | FLOT vs BBCB | |
| Overlay Shares Short Term Bond ETF | 2.61% | 49.77M | Jan 2021 | FLOT vs OVT | |
| iShares Interest Rate Hedged Corporate Bond ETF | 2.31% | 514.83M | May 2014 | FLOT vs LQDH | |
| iShares Interest Rate Hedged Long-Term Corporate B... | 2.31% | 189.43M | Jul 2015 | FLOT vs IGBH | |
| Pacer US Cash Cows Bond ETF | 2.18% | — | Dec 2024 | FLOT vs MILK |
Lowest Volatility Alternatives to FLOT
FLOT has 0.74% 1-year volatility. There are 5 ETFs in the Corporate Bonds category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| American Century Quality Convertible Securities ET... | 0.00% | 42.01M | Feb 2021 | FLOT vs QCON | |
| Invesco BulletShares 2026 Corporate Bond ETF | 0.63% | 3.80B | Sep 2016 | FLOT vs BSCQ | |
| iShares iBonds Dec 2026 Term Corporate ETF | 0.64% | 3.60B | Sep 2016 | FLOT vs IBDR | |
| State Street My2026 Corporate Bond ETF | 0.66% | 46.36M | Sep 2024 | FLOT vs MYCF | |
| SPDR Bloomberg Barclays Investment Grade Floating ... | 0.68% | 2.93B | Nov 2011 | FLOT vs FLRN |
Lowest Drawdown Alternatives to FLOT
FLOT has a 1-year max drawdown of -0.43%. There are 6 ETFs in the Corporate Bonds category with shallower 1-year drawdowns, going as shallow as -0.08%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares iBonds Dec 2026 Term Corporate ETF | -0.08% | 3.60B | Sep 2016 | FLOT vs IBDR | |
| Invesco BulletShares 2026 Corporate Bond ETF | -0.10% | 3.80B | Sep 2016 | FLOT vs BSCQ | |
| State Street My2026 Corporate Bond ETF | -0.12% | 46.36M | Sep 2024 | FLOT vs MYCF | |
| SPDR Bloomberg Barclays Investment Grade Floating ... | -0.23% | 2.93B | Nov 2011 | FLOT vs FLRN | |
| VanEck Vectors Investment Grade Floating Rate ETF | -0.31% | 2.75B | Apr 2011 | FLOT vs FLTR |
Other ETFs from iShares
The 10 most viewed iShares ETFs shown here include SGOV, IBIT, IVV and span 14 categories. AUM among these funds goes as high as $855B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 1.51% | 91.90B | May 2020 | FLOT vs SGOV | |
| iShares Bitcoin Trust ETF | Cryptocurrency | 2 | -25.48% | 58.12B | Jan 2024 | FLOT vs IBIT | |
| iShares Core S&P 500 ETF | S&P 500 | 70 | 10.85% | 854.92B | May 2000 | FLOT vs IVV | |
| iShares 20+ Year Treasury Bond ETF | Government Bonds, Long-Term Bond | 16 | -0.27% | 42.90B | Jul 2002 | FLOT vs TLT | |
| iShares Semiconductor ETF | Semiconductors, Technology Equities | 97 | 104.57% | 38.37B | Jul 2001 | FLOT vs SOXX | |
| iShares Core Dividend Growth ETF | Large Cap Growth Equities, Dividend | 71 | 8.76% | 40.46B | Jun 2014 | FLOT vs DGRO | |
| iShares Silver Trust | Silver, Precious Metals | 47 | 2.78% | 36.82B | Apr 2006 | FLOT vs SLV | |
| iShares Gold Trust | Gold, Precious Metals | 32 | 2.98% | 69.92B | Jan 2005 | FLOT vs IAU | |
| iShares Russell 2000 ETF | Small Cap Blend Equities | 62 | 17.07% | 80.93B | May 2000 | FLOT vs IWM | |
| iShares MSCI ACWI ETF | Global Equities | 66 | 12.13% | 32.93B | Mar 2008 | FLOT vs ACWI |
Often Compared With FLOT
Investors most often compare FLOT with USFR, FLOA.L, NEAR. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare FLOT with Any Fund or Stock
Compare FLOT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FLOT with funds that move differently
iShares Floating Rate Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FLOT.
Explore FLOT Diversifiers