DYNB vs. TFLR

Last updated Jul 12, 2026

DYNB (Hartford Dynamic Bond ETF) and TFLR (T. Rowe Price Floating Rate ETF) are both exchange-traded funds - DYNB is a Multisector Bonds fund actively managed by Hartford Funds, while TFLR is a Bank Loan fund actively managed by T. Rowe Price. Both are actively managed. At a 0.17 correlation, their price movements are largely independent. Both charge a 0.60% expense ratio.

Performance

DYNB vs. TFLR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford Dynamic Bond ETF (DYNB) and T. Rowe Price Floating Rate ETF (TFLR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DYNB achieves a 0.36% return, which is significantly lower than TFLR's 1.68% return.

DYNB

• 1D: -0.11%
• 1M: -0.14%
• 6M: 0.21%
• YTD: 0.36%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TFLR

• 1D: 0.02%
• 1M: 0.51%
• 6M: 1.31%
• YTD: 1.68%
• 1Y: 4.77%
• 3Y*: 7.46%
• 5Y*: —
• 10Y*: —

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

DYNB vs. TFLR - Yearly Performance Comparison

	2026 (YTD)	2025
DYNB Hartford Dynamic Bond ETF	0.36%	0.42%
TFLR T. Rowe Price Floating Rate ETF	1.68%	1.65%

Correlation

The correlation between DYNB and TFLR is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 24, 2025	0.17

Return for Risk

DYNB vs. TFLR — Risk / Return Rank

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

DYNB

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

TFLR

TFLR Risk / Return Rank: 80
TFLR Sharpe Ratio Rank: 90
TFLR Sortino Ratio Rank: 92
TFLR Omega Ratio Rank: 94
TFLR Calmar Ratio Rank: 55
TFLR Martin Ratio Rank: 70

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.

DYNB vs. TFLR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Dynamic Bond ETF (DYNB) and T. Rowe Price Floating Rate ETF (TFLR). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DYNB	TFLR	Difference
Sharpe ratio: Return per unit of total volatility	—	2.42	—
Sortino ratio: Return per unit of downside risk	—	3.58	—
Omega ratio: Gain probability vs. loss probability	—	1.54	—
Calmar ratio: Return relative to maximum drawdown	—	2.21	—
Martin ratio: Return relative to average drawdown	—	10.06	—

Drawdowns

DYNB vs. TFLR - Drawdown Comparison

The maximum DYNB drawdown since its inception was -2.61%, smaller than the maximum TFLR drawdown of -4.01%. Use the drawdown chart below to compare losses from any high point for DYNB and TFLR.

Drawdown Indicators

	DYNB	TFLR	Difference
Max Drawdown Largest peak-to-trough decline	-2.61%	-4.01%	+1.40%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.18%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-4.01%	—
Current Drawdown Current decline from peak	-0.97%	0.00%	-0.97%
Average Drawdown Average peak-to-trough decline	-0.65%	-0.21%	-0.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.48%	—

Volatility

Volatility by Period

	DYNB	TFLR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.42%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.76%	—
Volatility (1Y) Calculated over the trailing 1-year period	2.96%	1.99%	+0.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.96%	3.63%	-0.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.96%	3.63%	-0.67%

DYNB vs. TFLR - Expense Ratio Comparison

Both DYNB and TFLR have an expense ratio of 0.60%.

Dividends

DYNB vs. TFLR - Dividend Comparison

DYNB's dividend yield for the trailing twelve months is around 3.01%, less than TFLR's 6.71% yield.

Position	TTM	2025	2024	2023	2022
DYNB Hartford Dynamic Bond ETF	3.01%	1.03%	0.00%	0.00%	0.00%
TFLR T. Rowe Price Floating Rate ETF	6.71%	6.93%	8.18%	7.76%	0.58%

Frequently Asked Questions

Can I hold both DYNB and TFLR in my portfolio?

DYNB and TFLR have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DYNB or TFLR?

Both ETFs have the same 0.60% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DYNB or TFLR?

DYNB and TFLR have the same expense ratio: 0.60% per year.

Which ETF pays a higher dividend yield, DYNB or TFLR?

TFLR has the higher dividend yield at 6.71%, compared with 3.01% for DYNB.

What is the main difference between DYNB and TFLR?

DYNB is categorized as Multisector Bonds, while TFLR is Bank Loan. They also come from different issuers: Hartford Funds and T. Rowe Price.