CASH vs. TFLO

Last updated Apr 1, 2026

Compare and contrast key facts about Meta Financial Group, Inc. (CASH) and iShares Treasury Floating Rate Bond ETF (TFLO).

TFLO is a passively managed fund by iShares that tracks the performance of the Barclays U.S. Treasury Floating Rate Index. It was launched on Feb 3, 2014.

Performance

CASH vs. TFLO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Meta Financial Group, Inc. (CASH) and iShares Treasury Floating Rate Bond ETF (TFLO). The values are adjusted to include any dividend payments, if applicable.

CASH vs. TFLO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CASH Meta Financial Group, Inc.	25.75%	-3.25%	39.47%	23.45%	-27.48%	63.82%	0.94%	89.68%	-36.81%	-9.39%
TFLO iShares Treasury Floating Rate Bond ETF	0.92%	4.22%	5.34%	5.12%	1.99%	-0.02%	0.43%	2.04%	1.76%	1.01%

Returns By Period

In the year-to-date period, CASH achieves a 25.75% return, which is significantly higher than TFLO's 0.92% return. Over the past 10 years, CASH has outperformed TFLO with an annualized return of 20.20%, while TFLO has yielded a comparatively lower 2.27% annualized return.

CASH

• 1D: 1.56%
• 1M: -1.66%
• YTD: 25.75%
• 6M: 20.72%
• 1Y: 22.63%
• 3Y*: 29.49%
• 5Y*: 14.42%
• 10Y*: 20.20%

TFLO

• 1D: 0.00%
• 1M: 0.30%
• YTD: 0.92%
• 6M: 1.98%
• 1Y: 4.08%
• 3Y*: 4.84%
• 5Y*: 3.49%
• 10Y*: 2.27%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

CASH vs. TFLO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CASH

CASH Risk / Return Rank: 66
CASH Sharpe Ratio Rank: 70
CASH Sortino Ratio Rank: 64
CASH Omega Ratio Rank: 63
CASH Calmar Ratio Rank: 66
CASH Martin Ratio Rank: 64

TFLO

TFLO Risk / Return Rank: 100
TFLO Sharpe Ratio Rank: 100
TFLO Sortino Ratio Rank: 100
TFLO Omega Ratio Rank: 100
TFLO Calmar Ratio Rank: 100
TFLO Martin Ratio Rank: 100

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CASH vs. TFLO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Meta Financial Group, Inc. (CASH) and iShares Treasury Floating Rate Bond ETF (TFLO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	CASH	TFLO	Difference
Sharpe ratio Return per unit of total volatility	0.79	13.83	-13.04
Sortino ratio Return per unit of downside risk	1.30	45.28	-43.98
Omega ratio Gain probability vs. loss probability	1.17	11.01	-9.84
Calmar ratio Return relative to maximum drawdown	1.11	207.06	-205.94
Martin ratio Return relative to average drawdown	2.40	735.43	-733.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CASH vs. TFLO - Sharpe Ratio Comparison

The current CASH Sharpe Ratio is 0.79, which is lower than the TFLO Sharpe Ratio of 13.83. The chart below compares the historical Sharpe Ratios of CASH and TFLO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CASH	TFLO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.79	13.83	-13.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.43	9.83	-9.40
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.49	4.54	-4.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	0.96	-0.65

Correlation

The correlation between CASH and TFLO is -0.05. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

CASH vs. TFLO - Dividend Comparison

CASH's dividend yield for the trailing twelve months is around 0.22%, less than TFLO's 4.05% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CASH Meta Financial Group, Inc.	0.22%	0.28%	0.27%	0.38%	0.46%	0.34%	0.55%	0.55%	0.96%	0.56%	0.51%	1.13%
TFLO iShares Treasury Floating Rate Bond ETF	4.05%	4.16%	5.21%	4.88%	1.68%	0.00%	0.36%	2.08%	1.65%	0.86%	0.31%	0.15%

Drawdowns

CASH vs. TFLO - Drawdown Comparison

The maximum CASH drawdown since its inception was -83.66%, which is greater than TFLO's maximum drawdown of -5.01%. Use the drawdown chart below to compare losses from any high point for CASH and TFLO.

Drawdown Indicators

	CASH	TFLO	Difference
Max Drawdown Largest peak-to-trough decline	-83.66%	-5.01%	-78.65%
Max Drawdown (1Y) Largest decline over 1 year	-20.68%	-0.02%	-20.66%
Max Drawdown (5Y) Largest decline over 5 years	-50.84%	-0.13%	-50.71%
Max Drawdown (10Y) Largest decline over 10 years	-64.90%	-0.50%	-64.40%
Current Drawdown Current decline from peak	-6.72%	0.00%	-6.72%
Average Drawdown Average peak-to-trough decline	-22.95%	-0.10%	-22.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.59%	0.01%	+9.58%

Volatility

CASH vs. TFLO - Volatility Comparison

Meta Financial Group, Inc. (CASH) has a higher volatility of 5.45% compared to iShares Treasury Floating Rate Bond ETF (TFLO) at 0.07%. This indicates that CASH's price experiences larger fluctuations and is considered to be riskier than TFLO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CASH	TFLO	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.45%	0.07%	+5.38%
Volatility (6M) Calculated over the trailing 6-month period	20.73%	0.21%	+20.52%
Volatility (1Y) Calculated over the trailing 1-year period	28.68%	0.30%	+28.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.48%	0.36%	+33.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.18%	0.50%	+40.68%