FLOT vs. AAPL
FLOT (iShares Floating Rate Bond ETF) is Ultrashort Bond fund tracking the Bloomberg US Floating Rate Note < 5 Years Index, while AAPL (Apple Inc) is a stock. Over the past 10 years, FLOT returned 3.04%/yr vs 29.36%/yr for AAPL. At a 0.10 correlation, their price movements are largely independent.
Performance
FLOT vs. AAPL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FLOT achieves a 1.99% return, which is significantly lower than AAPL's 7.29% return. Over the past 10 years, FLOT has underperformed AAPL with an annualized return of 3.04%, while AAPL has yielded a comparatively higher 29.36% annualized return.
FLOT
- 1D
- 0.02%
- 1M
- 0.47%
- YTD
- 1.99%
- 6M
- 2.23%
- 1Y
- 4.87%
- 3Y*
- 5.66%
- 5Y*
- 4.22%
- 10Y*
- 3.04%
AAPL
- 1D
- -1.52%
- 1M
- -2.59%
- YTD
- 7.29%
- 6M
- 4.81%
- 1Y
- 46.73%
- 3Y*
- 17.21%
- 5Y*
- 18.59%
- 10Y*
- 29.36%
FLOT vs. AAPL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FLOT iShares Floating Rate Bond ETF | 1.99% | 4.91% | 6.53% | 6.43% | 1.28% | 0.45% | 0.87% | 3.97% | 1.48% | 1.65% |
AAPL Apple Inc | 7.29% | 9.05% | 30.71% | 49.01% | -26.40% | 34.65% | 82.31% | 88.96% | -5.39% | 48.46% |
Correlation
The correlation between FLOT and AAPL is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Jun 17, 2011 | 0.10 |
The correlation between FLOT and AAPL shifts across timeframes, from 0.10 (all time) to 0.21 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FLOT vs. AAPL — Risk / Return Rank
FLOT
AAPL
FLOT vs. AAPL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Floating Rate Bond ETF (FLOT) and Apple Inc (AAPL). 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.
| FLOT | AAPL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.48 | ||
| Sortino ratioReturn per unit of downside risk | +8.91 | ||
| Omega ratioGain probability vs. loss probability | 3.23 | 1.38 | +1.86 |
| Calmar ratioReturn relative to maximum drawdown | 11.32 | 3.40 | +7.92 |
| Martin ratioReturn relative to average drawdown | 105.27 | 8.47 | +96.80 |
Loading charts...
Drawdowns
FLOT vs. AAPL - Drawdown Comparison
The maximum FLOT drawdown since its inception was -13.54%, smaller than the maximum AAPL drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for FLOT and AAPL.
Loading charts...
Drawdown Indicators
| FLOT | AAPL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.54% | -81.80% | +68.26% |
Max Drawdown (1Y)Largest decline over 1 year | -0.43% | -13.80% | +13.37% |
Max Drawdown (3Y)Largest decline over 3 years | -1.57% | -33.36% | +31.79% |
Max Drawdown (5Y)Largest decline over 5 years | -2.36% | -33.36% | +31.00% |
Max Drawdown (10Y)Largest decline over 10 years | -13.54% | -38.52% | +24.98% |
Current DrawdownCurrent decline from peak | 0.00% | -7.64% | +7.64% |
Average DrawdownAverage peak-to-trough decline | -0.21% | -29.59% | +29.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.05% | 5.53% | -5.48% |
Volatility
FLOT vs. AAPL - Volatility Comparison
The current volatility for iShares Floating Rate Bond ETF (FLOT) is 0.21%, while Apple Inc (AAPL) has a volatility of 6.73%. This indicates that FLOT experiences smaller price fluctuations and is considered to be less risky than AAPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FLOT | AAPL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.21% | 6.73% | -6.52% |
Volatility (6M)Calculated over the trailing 6-month period | 0.63% | 16.53% | -15.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.75% | 22.64% | -21.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.77% | 27.52% | -25.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.15% | 28.92% | -24.77% |
Dividends
FLOT vs. AAPL - Dividend Comparison
FLOT's dividend yield for the trailing twelve months is around 4.53%, more than AAPL's 0.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAPL Apple Inc | 0.36% | 0.38% | 0.40% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% |
FLOT iShares Floating Rate Bond ETF | 4.53% | 4.84% | 5.82% | 5.66% | 2.06% | 0.43% | 1.25% | 2.78% | 2.41% | 1.46% | 0.97% | 0.53% |
Frequently Asked Questions
FLOT and AAPL have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AAPL has higher volatility (6.73%) compared to FLOT (0.21%). In terms of maximum drawdown, FLOT dropped -13.54% vs AAPL's -81.80%.
FLOT currently has the higher Sharpe Ratio (6.56 vs 2.07), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for FLOT and AAPL
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer