State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) belongs to the Ultrashort Bond category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FLRN. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FLRN
FLRN charges 0.15% annually. There are 20 ETFs in the Ultrashort Bond category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| BondBloxx Bloomberg One Year Target Duration US Tr... | 0.03% | 841.59M | Sep 2022 | FLRN vs XONE | |
| BondBloxx Bloomberg Six Month Target Duration US T... | 0.03% | 1.94B | Sep 2022 | FLRN vs XHLF | |
| State Street SPDR Portfolio Ultra Short T-Bill ETF | 0.05% | 13.79M | Oct 2025 | FLRN vs SPTU | |
| Xtrackers US 0-1 Year Treasury ETF | 0.06% | — | Oct 2024 | FLRN vs TRSY | |
| Vanguard Ultra-Short Treasury ETF | 0.07% | 1.00B | Feb 2025 | FLRN vs VGUS |
Best Risk-Adjusted Alternatives to FLRN
FLRN has a PortfoliosLab risk / return rank of 99. There are 38 ETFs in the Ultrashort Bond category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | 100 | 99.95B | May 2020 | FLRN vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 100 | 47.03B | May 2007 | FLRN vs BIL | |
| Goldman Sachs Access Treasury 0-1 Year ETF | 100 | 7.59B | Sep 2016 | FLRN vs GBIL | |
| Invesco Short Term Treasury ETF | 100 | 2.87B | Jan 2017 | FLRN vs TBLL | |
| Vanguard 0-3 Month Treasury Bill ETF | 100 | 9.40B | Feb 2025 | FLRN vs VBIL |
Top Performing FLRN Alternatives (YTD)
FLRN is at 2.48% YTD. There are 6 ETFs in the Ultrashort Bond category with higher YTD returns, going as high as 3.26%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| American Century Multisector Floating Income ETF | 3.26% | 22.73M | Mar 2023 | FLRN vs FUSI | |
| NEOS Enhanced Income 1-3 Month T-Bill ETF | 2.96% | 1.54B | Aug 2022 | FLRN vs CSHI | |
| VanEck IG Floating Rate ETF | 2.70% | 3.00B | Apr 2011 | FLRN vs FLTR | |
| Angel Oak Ultrashort Income ETF | 2.61% | 1.55B | Oct 2022 | FLRN vs UYLD | |
| Thrivent Ultra Short Bond ETF | 2.58% | 218.28M | Feb 2025 | FLRN vs TUSB |
Lowest Volatility Alternatives to FLRN
FLRN has 0.70% 1-year volatility. There are 48 ETFs in the Ultrashort Bond category with lower 1-year volatility, going as low as 0.19%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | 0.19% | 99.95B | May 2020 | FLRN vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 0.20% | 47.03B | May 2007 | FLRN vs BIL | |
| Invesco Short Term Treasury ETF | 0.20% | 2.87B | Jan 2017 | FLRN vs TBLL | |
| iShares 0-1 Year Treasury Bond ETF | 0.21% | 20.70B | Jan 2007 | FLRN vs SHV | |
| PIMCO Ultra Short Government Active Exchange-Trade... | 0.21% | 1.03B | Jun 2023 | FLRN vs BILZ |
Lowest Drawdown Alternatives to FLRN
FLRN has a 1-year max drawdown of -0.23%. There are 43 ETFs in the Ultrashort Bond category with shallower 1-year drawdowns, going as shallow as -0.01%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard 0-3 Month Treasury Bill ETF | -0.01% | 9.40B | Feb 2025 | FLRN vs VBIL | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.01% | 47.03B | May 2007 | FLRN vs BIL | |
| iShares 0-3 Month Treasury Bond ETF | -0.01% | 99.95B | May 2020 | FLRN vs SGOV | |
| iShares Treasury Floating Rate Bond ETF | -0.02% | 6.70B | Feb 2014 | FLRN vs TFLO | |
| Goldman Sachs Access Treasury 0-1 Year ETF | -0.02% | 7.59B | Sep 2016 | FLRN vs GBIL |
Other ETFs from State Street
The 10 most viewed State Street ETFs shown here include SPY, GLD, XLK and span 9 categories. AUM among these funds goes as high as $789B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | S&P 500 | 67 | 10.13% | 789.06B | Jan 1993 | FLRN vs SPY | |
| SPDR Gold Shares | Gold, Precious Metals | 30 | -6.25% | 130.32B | Nov 2004 | FLRN vs GLD | |
| State Street Technology Select Sector SPDR ETF | Technology Equities | 55 | 22.09% | 115.56B | Dec 1998 | FLRN vs XLK | |
| State Street SPDR Portfolio S&P 500 Growth ETF | S&P 500, Large Cap Growth Equities | 43 | 10.06% | 51.09B | Sep 2000 | FLRN vs SPYG | |
| State Street SPDR Portfolio S&P 500 ETF | S&P 500 | 68 | 10.15% | 160.81B | Nov 2005 | FLRN vs SPYM | |
| State Street SPDR Portfolio S&P 500 High Dividend ... | S&P 500, Dividend | 78 | 16.95% | 8.75B | Oct 2015 | FLRN vs SPYD | |
| State Street Energy Select Sector SPDR ETF | Energy Equities | 76 | 35.03% | 38.64B | Dec 1998 | FLRN vs XLE | |
| SPDR Gold MiniShares Trust | Gold, Precious Metals | 31 | -6.13% | 27.37B | Jun 2018 | FLRN vs GLDM | |
| State Street Utilities Select Sector SPDR ETF | Utilities Equities | 21 | 5.28% | 23.07B | Dec 1998 | FLRN vs XLU | |
| State Street Health Care Select Sector SPDR ETF | Health & Biotech Equities | 72 | 5.90% | 42.10B | Dec 1998 | FLRN vs XLV |
Often Compared With FLRN
Investors most often compare FLRN with FLOT, PRFRX, USFR. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare FLRN with Any Fund or Stock
Compare FLRN with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FLRN with funds that move differently
State Street SPDR Bloomberg Investment Grade Floating Rate ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FLRN.
Explore FLRN Diversifiers