FLO5.L vs. STYC.L

Last updated Apr 2, 2026

Compare and contrast key facts about iShares USD Floating Rate Bond UCITS ETF (FLO5.L) and PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Acc (STYC.L).

FLO5.L and STYC.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLO5.L is a passively managed fund by iShares that tracks the performance of the Bloomberg US Corp Bond TR USD. It was launched on Jul 10, 2017. STYC.L is a passively managed fund by PIMCO that tracks the performance of the Bloomberg US Corporate High Yield TR USD. It was launched on Apr 30, 2015. Both FLO5.L and STYC.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

FLO5.L vs. STYC.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares USD Floating Rate Bond UCITS ETF (FLO5.L) and PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Acc (STYC.L). The values are adjusted to include any dividend payments, if applicable.

FLO5.L vs. STYC.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FLO5.L iShares USD Floating Rate Bond UCITS ETF	1.95%	-2.11%	8.11%	0.75%	13.56%	1.76%	-2.65%	0.79%	7.27%	1.03%
STYC.L PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Acc	1.51%	1.35%	9.97%	6.08%	6.48%	5.36%	0.79%	5.84%	5.28%	1.06%

Different Trading Currencies

FLO5.L is traded in GBp, while STYC.L is traded in USD. To make them comparable, the STYC.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, FLO5.L achieves a 1.95% return, which is significantly higher than STYC.L's 1.51% return.

FLO5.L

• 1D: -0.71%
• 1M: 0.61%
• YTD: 1.95%
• 6M: 3.23%
• 1Y: 1.61%
• 3Y*: 3.35%
• 5Y*: 4.84%
• 10Y*: —

STYC.L

• 1D: 0.51%
• 1M: 0.96%
• YTD: 1.51%
• 6M: 3.25%
• 1Y: 4.88%
• 3Y*: 5.99%
• 5Y*: 6.04%
• 10Y*: 6.58%

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

FLO5.L vs. STYC.L - Expense Ratio Comparison

FLO5.L has a 0.10% expense ratio, which is lower than STYC.L's 0.55% expense ratio.

STYC.L

PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Acc

FLO5.L

iShares USD Floating Rate Bond UCITS ETF

Return for Risk

FLO5.L vs. STYC.L — Risk / Return Rank

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

FLO5.L

FLO5.L Risk / Return Rank: 16
FLO5.L Sharpe Ratio Rank: 17
FLO5.L Sortino Ratio Rank: 15
FLO5.L Omega Ratio Rank: 15
FLO5.L Calmar Ratio Rank: 19
FLO5.L Martin Ratio Rank: 16

STYC.L

STYC.L Risk / Return Rank: 75
STYC.L Sharpe Ratio Rank: 68
STYC.L Sortino Ratio Rank: 67
STYC.L Omega Ratio Rank: 83
STYC.L Calmar Ratio Rank: 66
STYC.L Martin Ratio Rank: 90

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.

FLO5.L vs. STYC.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares USD Floating Rate Bond UCITS ETF (FLO5.L) and PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Acc (STYC.L). 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.

	FLO5.L	STYC.L	Difference
Sharpe ratio Return per unit of total volatility	0.23	0.61	-0.38
Sortino ratio Return per unit of downside risk	0.37	0.86	-0.49
Omega ratio Gain probability vs. loss probability	1.04	1.12	-0.07
Calmar ratio Return relative to maximum drawdown	0.34	1.30	-0.96
Martin ratio Return relative to average drawdown	0.66	3.47	-2.81
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FLO5.L vs. STYC.L - Sharpe Ratio Comparison

The current FLO5.L Sharpe Ratio is 0.23, which is lower than the STYC.L Sharpe Ratio of 0.61. The chart below compares the historical Sharpe Ratios of FLO5.L and STYC.L, 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

	FLO5.L	STYC.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.23	0.61	-0.38
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.57	0.73	-0.16
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.67	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.65	-0.26

Correlation

The correlation between FLO5.L and STYC.L is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

FLO5.L vs. STYC.L - Dividend Comparison

FLO5.L's dividend yield for the trailing twelve months is around 5.01%, while STYC.L has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FLO5.L iShares USD Floating Rate Bond UCITS ETF	5.01%	5.11%	5.98%	5.63%	1.47%	0.59%	1.73%	3.00%	2.16%	0.48%
STYC.L PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

FLO5.L vs. STYC.L - Drawdown Comparison

The maximum FLO5.L drawdown since its inception was -14.02%, smaller than the maximum STYC.L drawdown of -15.73%. Use the drawdown chart below to compare losses from any high point for FLO5.L and STYC.L.

Drawdown Indicators

	FLO5.L	STYC.L	Difference
Max Drawdown Largest peak-to-trough decline	-14.02%	-21.57%	+7.55%
Max Drawdown (1Y) Largest decline over 1 year	-5.65%	-5.03%	-0.62%
Max Drawdown (5Y) Largest decline over 5 years	-14.02%	-9.62%	-4.40%
Max Drawdown (10Y) Largest decline over 10 years	—	-21.57%	—
Current Drawdown Current decline from peak	-3.46%	-0.69%	-2.77%
Average Drawdown Average peak-to-trough decline	-5.73%	-1.69%	-4.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.93%	0.58%	+2.35%

Volatility

FLO5.L vs. STYC.L - Volatility Comparison

The current volatility for iShares USD Floating Rate Bond UCITS ETF (FLO5.L) is 2.04%, while PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Acc (STYC.L) has a volatility of 2.71%. This indicates that FLO5.L experiences smaller price fluctuations and is considered to be less risky than STYC.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLO5.L	STYC.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.04%	2.71%	-0.67%
Volatility (6M) Calculated over the trailing 6-month period	4.31%	4.93%	-0.62%
Volatility (1Y) Calculated over the trailing 1-year period	6.91%	7.97%	-1.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.48%	8.32%	+0.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.88%	9.87%	-0.99%