T. Rowe Price Floating Rate ETF (TFLR) belongs to the Bank Loan category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with TFLR. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to TFLR
TFLR charges 0.60% annually. There are 6 ETFs in the Bank Loan category with lower expense ratios, going as low as 0.40%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR S&P Leveraged Loan ETF | 0.40% | 44.48M | Nov 2025 | TFLR vs LVLN | |
| iShares Broad USD Floating Rate Loan ETF | 0.43% | — | Mar 2026 | TFLR vs USLN | |
| Regan Floating Rate MBS ETF | 0.49% | 154.00M | Feb 2024 | TFLR vs MBSF | |
| BlackRock Floating Rate Loan ETF | 0.55% | 53.61M | Oct 2022 | TFLR vs BRLN | |
| Virtus Seix Senior Loan ETF | 0.57% | 254.35M | Apr 2019 | TFLR vs SEIX |
Best Risk-Adjusted Alternatives to TFLR
TFLR has a PortfoliosLab risk / return rank of 77. There are 3 ETFs in the Bank Loan category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Virtus Seix Senior Loan ETF | 94 | 254.35M | Apr 2019 | TFLR vs SEIX | |
| PGIM Floating Rate Income ETF | 92 | 116.68M | May 2022 | TFLR vs PFRL | |
| Regan Floating Rate MBS ETF | 78 | 154.00M | Feb 2024 | TFLR vs MBSF | |
| Eaton Vance Floating-Rate ETF | 75 | 1.36B | Feb 2024 | TFLR vs EVLN | |
| PIMCO Senior Loan Active Exchange-Traded Fund | 72 | 534.72M | Jun 2022 | TFLR vs LONZ |
Top Performing TFLR Alternatives (YTD)
TFLR is at 1.27% YTD. There are 6 ETFs in the Bank Loan category with higher YTD returns, going as high as 2.38%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Virtus Seix Senior Loan ETF | 2.38% | 254.35M | Apr 2019 | TFLR vs SEIX | |
| PGIM Floating Rate Income ETF | 2.37% | 116.68M | May 2022 | TFLR vs PFRL | |
| Regan Floating Rate MBS ETF | 2.16% | 154.00M | Feb 2024 | TFLR vs MBSF | |
| TCW Senior Loan ETF | 1.80% | 327.02M | Jun 2013 | TFLR vs SLNZ | |
| PIMCO Senior Loan Active Exchange-Traded Fund | 1.75% | 534.72M | Jun 2022 | TFLR vs LONZ |
Lowest Volatility Alternatives to TFLR
TFLR has 1.99% 1-year volatility. There are 3 ETFs in the Bank Loan category with lower 1-year volatility, going as low as 1.60%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Virtus Seix Senior Loan ETF | 1.60% | 254.35M | Apr 2019 | TFLR vs SEIX | |
| Eaton Vance Floating-Rate ETF | 1.87% | 1.36B | Feb 2024 | TFLR vs EVLN | |
| PGIM Floating Rate Income ETF | 1.92% | 116.68M | May 2022 | TFLR vs PFRL | |
| PIMCO Senior Loan Active Exchange-Traded Fund | 2.30% | 534.72M | Jun 2022 | TFLR vs LONZ | |
| iShares Broad USD Floating Rate Loan ETF | 2.44% | — | Mar 2026 | TFLR vs USLN |
Lowest Drawdown Alternatives to TFLR
TFLR has a 1-year max drawdown of -2.18%. There are 6 ETFs in the Bank Loan category with shallower 1-year drawdowns, going as shallow as -0.79%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Regan Floating Rate MBS ETF | -0.79% | 154.00M | Feb 2024 | TFLR vs MBSF | |
| Virtus Seix Senior Loan ETF | -1.13% | 254.35M | Apr 2019 | TFLR vs SEIX | |
| PGIM Floating Rate Income ETF | -1.25% | 116.68M | May 2022 | TFLR vs PFRL | |
| Eaton Vance Floating-Rate ETF | -1.77% | 1.36B | Feb 2024 | TFLR vs EVLN | |
| BlackRock Floating Rate Loan ETF | -2.00% | 53.61M | Oct 2022 | TFLR vs BRLN |
Other ETFs from T. Rowe Price
The 10 most viewed T. Rowe Price ETFs shown here include TCAF, TDVG, TBUX and span 7 categories. AUM among these funds goes as high as $7B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Capital Appreciation Equity ETF | Large Cap Blend Equities | 39 | 4.55% | 7.13B | Jun 2023 | TFLR vs TCAF | |
| T. Rowe Price Dividend Growth ETF | Large Cap Growth Equities, Dividend | 56 | 8.04% | 1.36B | Aug 2020 | TFLR vs TDVG | |
| T. Rowe Price Ultra Short-Term Bond ETF | Ultrashort Bond | 99 | 1.83% | 1.17B | Sep 2021 | TFLR vs TBUX | |
| T. Rowe Price Blue Chip Growth ETF | Large Cap Growth Equities | 21 | -1.72% | 2.16B | Aug 2020 | TFLR vs TCHP | |
| T. Rowe Price US Equity Research ETF | Large Cap Blend Equities | 59 | 8.79% | 3.56B | Jun 2021 | TFLR vs TSPA | |
| T. Rowe Price Growth Stock ETF | Large Cap Growth Equities | 23 | 0.74% | 1.01B | Aug 2020 | TFLR vs TGRW | |
| T. Rowe Price International Equity ETF | Foreign Large Cap Equities | 41 | 9.19% | 1.52B | Jun 2023 | TFLR vs TOUS | |
| T. Rowe Price U.S. High Yield ETF | High Yield Bonds | 55 | 1.84% | 818.81M | Oct 2022 | TFLR vs THYF | |
| T. Rowe Price Growth ETF | Large Cap Growth Equities | 23 | 0.18% | 1.24B | Jun 2023 | TFLR vs TGRT | |
| T. Rowe Price Capital Appreciation Premium Income ... | Derivative Income | 8 | -1.64% | 271.92M | Mar 2025 | TFLR vs TCAL |
Often Compared With TFLR
Investors most often compare TFLR with CLOZ, JAAA, FIQSX. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare TFLR with Any Fund or Stock
Compare TFLR with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair TFLR with funds that move differently
T. Rowe Price Floating Rate ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TFLR.
Explore TFLR Diversifiers