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T. Rowe Price Floating Rate ETF (TFLR)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US87283Q8832

Issuer

T. Rowe Price

Inception Date

Nov 16, 2022

Region

North America (U.S.)

Category

Bank Loan

Leveraged

1x

Index Tracked

No Index (Active)

Asset Class

Bond

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
TFLR vs. CLOZ TFLR vs. FIQSX TFLR vs. BBBIX TFLR vs. JPLD TFLR vs. VCIT TFLR vs. FLTR TFLR vs. ICLO TFLR vs. PFRL
Popular comparisons:
TFLR vs. CLOZ TFLR vs. FIQSX TFLR vs. BBBIX TFLR vs. JPLD TFLR vs. VCIT TFLR vs. FLTR TFLR vs. ICLO TFLR vs. PFRL

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in T. Rowe Price Floating Rate ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
4.14%
12.14%
TFLR (T. Rowe Price Floating Rate ETF)
Benchmark (^GSPC)

Returns By Period

T. Rowe Price Floating Rate ETF had a return of 8.06% year-to-date (YTD) and 10.20% in the last 12 months.


TFLR

YTD

8.06%

1M

1.04%

6M

4.41%

1Y

10.20%

5Y (annualized)

N/A

10Y (annualized)

N/A

^GSPC (Benchmark)

YTD

25.15%

1M

2.97%

6M

12.53%

1Y

31.00%

5Y (annualized)

13.95%

10Y (annualized)

11.21%

Monthly Returns

The table below presents the monthly returns of TFLR, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.62%0.94%0.71%0.65%0.75%0.43%0.95%0.59%0.67%0.61%8.06%
20232.64%0.21%0.19%0.78%-0.13%1.99%1.13%1.03%0.22%-0.30%2.09%1.63%12.05%
2022-0.36%-0.04%-0.41%

Expense Ratio

TFLR features an expense ratio of 0.60%, falling within the medium range.


Expense ratio chart for TFLR: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of TFLR is 98, placing it in the top 2% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of TFLR is 9898
Combined Rank
The Sharpe Ratio Rank of TFLR is 9898
Sharpe Ratio Rank
The Sortino Ratio Rank of TFLR is 9898
Sortino Ratio Rank
The Omega Ratio Rank of TFLR is 9898
Omega Ratio Rank
The Calmar Ratio Rank of TFLR is 9898
Calmar Ratio Rank
The Martin Ratio Rank of TFLR is 9898
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for T. Rowe Price Floating Rate ETF (TFLR) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for TFLR, currently valued at 3.99, compared to the broader market0.002.004.003.992.53
The chart of Sortino ratio for TFLR, currently valued at 6.32, compared to the broader market-2.000.002.004.006.008.0010.0012.006.323.39
The chart of Omega ratio for TFLR, currently valued at 1.96, compared to the broader market0.501.001.502.002.503.001.961.47
The chart of Calmar ratio for TFLR, currently valued at 9.69, compared to the broader market0.005.0010.0015.009.693.65
The chart of Martin ratio for TFLR, currently valued at 58.06, compared to the broader market0.0020.0040.0060.0080.00100.0058.0616.21
TFLR
^GSPC

The current T. Rowe Price Floating Rate ETF Sharpe ratio is 3.99. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of T. Rowe Price Floating Rate ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio1.002.003.004.005.00JuneJulyAugustSeptemberOctoberNovember
3.99
2.54
TFLR (T. Rowe Price Floating Rate ETF)
Benchmark (^GSPC)

Dividends

Dividend History

T. Rowe Price Floating Rate ETF provided a 8.20% dividend yield over the last twelve months, with an annual payout of $4.27 per share.


0.00%2.00%4.00%6.00%8.00%$0.00$1.00$2.00$3.00$4.0020222023
Dividends
Dividend Yield
PeriodTTM20232022
Dividend$4.27$4.00$0.29

Dividend yield

8.20%7.76%0.58%

Monthly Dividends

The table displays the monthly dividend distributions for T. Rowe Price Floating Rate ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.37$0.34$0.36$0.35$0.36$0.35$0.36$0.35$0.34$0.33$0.00$3.51
2023$0.31$0.32$0.33$0.33$0.34$0.32$0.26$0.27$0.39$0.38$0.36$0.40$4.00
2022$0.02$0.27$0.29

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember0
-0.88%
TFLR (T. Rowe Price Floating Rate ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the T. Rowe Price Floating Rate ETF. 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 T. Rowe Price Floating Rate ETF was 1.48%, occurring on Mar 17, 2023. Recovery took 13 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-1.48%Mar 9, 20237Mar 17, 202313Apr 5, 202320
-1.05%Aug 1, 20243Aug 5, 202414Aug 23, 202417
-0.97%Nov 18, 20226Nov 28, 202225Jan 4, 202331
-0.81%Sep 15, 202316Oct 6, 202319Nov 2, 202335
-0.62%Jun 14, 20241Jun 14, 20241Jun 17, 20242

Volatility

Volatility Chart

The current T. Rowe Price Floating Rate ETF volatility is 0.38%, 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.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
0.38%
3.96%
TFLR (T. Rowe Price Floating Rate ETF)
Benchmark (^GSPC)