iShares Treasury Floating Rate Bond ETF (TFLO) belongs to the Government Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with TFLO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to TFLO
TFLO charges 0.15% annually. There are 51 ETFs in the Government Bonds category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Long-Term Treasury ETF | 0.03% | 15.20B | Nov 2009 | TFLO vs VGLT | |
| SPDR Portfolio Short Term Treasury ETF | 0.03% | 6.12B | Nov 2011 | TFLO vs SPTS | |
| Schwab Long-Term U.S. Treasury ETF | 0.03% | 793.42M | Oct 2019 | TFLO vs SCHQ | |
| BondBloxx Bloomberg One Year Target Duration US Tr... | 0.03% | 841.59M | Sep 2022 | TFLO vs XONE | |
| State Street SPDR Portfolio Treasury ETF | 0.03% | 287.92M | May 2024 | TFLO vs SPTB |
Best Risk-Adjusted Alternatives to TFLO
TFLO has a PortfoliosLab risk / return rank of 100. There are 4 ETFs in the Government Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | 100 | 47.03B | May 2007 | TFLO vs BIL | |
| Goldman Sachs Access Treasury 0-1 Year ETF | 100 | 7.59B | Sep 2016 | TFLO vs GBIL | |
| iShares 0-1 Year Treasury Bond ETF | 100 | 20.70B | Jan 2007 | TFLO vs SHV | |
| WisdomTree Floating Rate Treasury Fund | 100 | 18.13B | Feb 2014 | TFLO vs USFR | |
| BondBloxx Bloomberg Six Month Target Duration US T... | 100 | 1.94B | Sep 2022 | TFLO vs XHLF |
Top Performing TFLO Alternatives (YTD)
TFLO is at 2.24% YTD. There are 4 ETFs in the Government Bonds category with higher YTD returns, going as high as 2.61%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Global Government Bond USD Hedged Active E... | 2.61% | 2.97B | Jun 2025 | TFLO vs GGOV | |
| Simplify Treasury Option Income ETF | 2.60% | 489.70M | Oct 2022 | TFLO vs BUCK | |
| Quadratic Deflation ETF | 2.42% | 20.75M | Sep 2021 | TFLO vs BNDD | |
| WisdomTree Floating Rate Treasury Fund | 2.29% | 18.13B | Feb 2014 | TFLO vs USFR | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 2.10% | 47.03B | May 2007 | TFLO vs BIL |
Lowest Volatility Alternatives to TFLO
TFLO has 0.29% 1-year volatility. There are 4 ETFs in the Government Bonds category with lower 1-year volatility, going as low as 0.20%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | 0.20% | 47.03B | May 2007 | TFLO vs BIL | |
| iShares 0-1 Year Treasury Bond ETF | 0.20% | 20.70B | Jan 2007 | TFLO vs SHV | |
| Goldman Sachs Access Treasury 0-1 Year ETF | 0.21% | 7.59B | Sep 2016 | TFLO vs GBIL | |
| WisdomTree Floating Rate Treasury Fund | 0.27% | 18.13B | Feb 2014 | TFLO vs USFR | |
| iShares iBonds Dec 2025 Term Treasury ETF | 0.29% | 1.42B | Feb 2020 | TFLO vs IBTF |
Lowest Drawdown Alternatives to TFLO
TFLO has a 1-year max drawdown of -0.02%. There is 1 ETF in the Government Bonds category with a shallower 1-year drawdown, going as shallow as -0.01%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.01% | 47.03B | May 2007 | TFLO vs BIL | |
| Goldman Sachs Access Treasury 0-1 Year ETF | -0.02% | 7.59B | Sep 2016 | TFLO vs GBIL | |
| WisdomTree Floating Rate Treasury Fund | -0.02% | 18.13B | Feb 2014 | TFLO vs USFR | |
| iShares 0-1 Year Treasury Bond ETF | -0.03% | 20.70B | Jan 2007 | TFLO vs SHV | |
| iShares iBonds Dec 2025 Term Treasury ETF | -0.04% | 1.42B | Feb 2020 | TFLO vs IBTF |
Other ETFs from iShares
The 10 most viewed iShares ETFs shown here include SGOV, IBIT, SOXX and span 14 categories. AUM among these funds goes as high as $869B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 2.13% | 99.95B | May 2020 | TFLO vs SGOV | |
| iShares Bitcoin Trust ETF | Cryptocurrency | 2 | -27.17% | 46.52B | Jan 2024 | TFLO vs IBIT | |
| iShares Semiconductor ETF | Semiconductors, Technology Equities | 90 | 68.76% | 44.69B | Jul 2001 | TFLO vs SOXX | |
| iShares Core S&P 500 ETF | S&P 500 | 78 | 11.75% | 869.20B | May 2000 | TFLO vs IVV | |
| iShares Core Dividend Growth ETF | Large Cap Growth Equities, Dividend | 92 | 13.79% | 42.77B | Jun 2014 | TFLO vs DGRO | |
| iShares 20+ Year Treasury Bond ETF | Government Bonds, Long-Term Bond | 7 | -3.18% | 41.54B | Jul 2002 | TFLO vs TLT | |
| iShares Silver Trust | Silver, Precious Metals | 35 | -18.57% | 28.08B | Apr 2006 | TFLO vs SLV | |
| iShares Gold Trust | Gold, Precious Metals | 28 | -6.14% | 59.74B | Jan 2005 | TFLO vs IAU | |
| iShares Russell 2000 ETF | Small Cap Blend Equities | 85 | 20.84% | 80.11B | May 2000 | TFLO vs IWM | |
| iShares MSCI ACWI ETF | Global Equities | 77 | 12.35% | 32.49B | Mar 2008 | TFLO vs ACWI |
Often Compared With TFLO
Investors most often compare TFLO with SPAXX, VUSXX, JAAA. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare TFLO with Any Fund or Stock
Compare TFLO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair TFLO with funds that move differently
iShares Treasury Floating Rate Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TFLO.
Explore TFLO Diversifiers