FLOA.L vs. ^SP500TR

Last updated Apr 2, 2026

Compare and contrast key facts about iShares USD Floating Rate Bond UCITS ETF USD (Acc) (FLOA.L) and S&P 500 Total Return (^SP500TR).

FLOA.L is a passively managed fund by iShares that tracks the performance of the Bloomberg US Corp Bond TR USD. It was launched on Mar 20, 2018.

Performance

FLOA.L vs. ^SP500TR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares USD Floating Rate Bond UCITS ETF USD (Acc) (FLOA.L) and S&P 500 Total Return (^SP500TR). The values are adjusted to include any dividend payments, if applicable.

FLOA.L vs. ^SP500TR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FLOA.L iShares USD Floating Rate Bond UCITS ETF USD (Acc)	1.03%	4.98%	6.42%	6.62%	1.35%	0.42%	0.86%	4.17%	0.86%
^SP500TR S&P 500 Total Return	-3.64%	17.88%	25.02%	26.29%	-18.11%	28.71%	18.40%	31.49%	-2.32%

Returns By Period

In the year-to-date period, FLOA.L achieves a 1.03% return, which is significantly higher than ^SP500TR's -3.64% return.

FLOA.L

• 1D: 0.18%
• 1M: 0.29%
• YTD: 1.03%
• 6M: 2.15%
• 1Y: 4.75%
• 3Y*: 5.97%
• 5Y*: 4.07%
• 10Y*: —

^SP500TR

• 1D: 0.72%
• 1M: -4.34%
• YTD: -3.64%
• 6M: -1.43%
• 1Y: 18.20%
• 3Y*: 18.60%
• 5Y*: 11.96%
• 10Y*: 14.17%

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

Return for Risk

FLOA.L vs. ^SP500TR — Risk / Return Rank

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

FLOA.L

FLOA.L Risk / Return Rank: 91
FLOA.L Sharpe Ratio Rank: 86
FLOA.L Sortino Ratio Rank: 89
FLOA.L Omega Ratio Rank: 98
FLOA.L Calmar Ratio Rank: 85
FLOA.L Martin Ratio Rank: 97

^SP500TR

^SP500TR Risk / Return Rank: 72
^SP500TR Sharpe Ratio Rank: 66
^SP500TR Sortino Ratio Rank: 69
^SP500TR Omega Ratio Rank: 74
^SP500TR Calmar Ratio Rank: 67
^SP500TR Martin Ratio Rank: 83

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.

FLOA.L vs. ^SP500TR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares USD Floating Rate Bond UCITS ETF USD (Acc) (FLOA.L) and S&P 500 Total Return (^SP500TR). 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.

	FLOA.L	^SP500TR	Difference
Sharpe ratio Return per unit of total volatility	1.82	1.00	+0.82
Sortino ratio Return per unit of downside risk	2.55	1.52	+1.03
Omega ratio Gain probability vs. loss probability	1.66	1.23	+0.42
Calmar ratio Return relative to maximum drawdown	2.71	1.54	+1.17
Martin ratio Return relative to average drawdown	21.23	7.32	+13.91
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FLOA.L vs. ^SP500TR - Sharpe Ratio Comparison

The current FLOA.L Sharpe Ratio is 1.82, which is higher than the ^SP500TR Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of FLOA.L and ^SP500TR, 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

	FLOA.L	^SP500TR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.82	1.00	+0.82
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	2.08	0.71	+1.37
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.79	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.77	0.62	+0.14

Correlation

The correlation between FLOA.L and ^SP500TR is 0.10, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

FLOA.L vs. ^SP500TR - Drawdown Comparison

The maximum FLOA.L drawdown since its inception was -14.96%, smaller than the maximum ^SP500TR drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for FLOA.L and ^SP500TR.

Drawdown Indicators

	FLOA.L	^SP500TR	Difference
Max Drawdown Largest peak-to-trough decline	-14.96%	-55.25%	+40.29%
Max Drawdown (1Y) Largest decline over 1 year	-1.74%	-12.12%	+10.38%
Max Drawdown (5Y) Largest decline over 5 years	-2.53%	-24.49%	+21.96%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.79%	—
Current Drawdown Current decline from peak	-0.14%	-5.55%	+5.41%
Average Drawdown Average peak-to-trough decline	-0.22%	-8.20%	+7.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.22%	2.55%	-2.33%

Volatility

FLOA.L vs. ^SP500TR - Volatility Comparison

The current volatility for iShares USD Floating Rate Bond UCITS ETF USD (Acc) (FLOA.L) is 0.70%, while S&P 500 Total Return (^SP500TR) has a volatility of 5.38%. This indicates that FLOA.L experiences smaller price fluctuations and is considered to be less risky than ^SP500TR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLOA.L	^SP500TR	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.70%	5.38%	-4.68%
Volatility (6M) Calculated over the trailing 6-month period	0.91%	9.55%	-8.64%
Volatility (1Y) Calculated over the trailing 1-year period	2.60%	18.32%	-15.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.96%	16.90%	-14.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.31%	18.05%	-13.74%