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FLOT vs. BND
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FLOTBND
YTD Return1.91%-0.56%
1Y Return7.74%2.53%
3Y Return (Ann)3.25%-2.48%
5Y Return (Ann)2.64%0.33%
10Y Return (Ann)1.98%1.50%
Sharpe Ratio6.970.35
Daily Std Dev1.14%6.69%
Max Drawdown-13.54%-18.84%
Current Drawdown0.00%-11.09%

Correlation

0.02
-1.001.00

The correlation between FLOT and BND is 0.02, 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.

Performance

FLOT vs. BND - Performance Comparison

In the year-to-date period, FLOT achieves a 1.91% return, which is significantly higher than BND's -0.56% return. Over the past 10 years, FLOT has outperformed BND with an annualized return of 1.98%, while BND has yielded a comparatively lower 1.50% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


16.00%18.00%20.00%22.00%24.00%26.00%OctoberNovemberDecember2024FebruaryMarch
25.64%
25.48%
FLOT
BND

Compare stocks, funds, or ETFs


iShares Floating Rate Bond ETF

Vanguard Total Bond Market ETF

FLOT vs. BND - Expense Ratio Comparison

FLOT has a 0.20% expense ratio, which is higher than BND's 0.03% expense ratio.

FLOT
iShares Floating Rate Bond ETF
0.50%1.00%1.50%2.00%0.20%
0.50%1.00%1.50%2.00%0.03%

Risk-Adjusted Performance

FLOT vs. BND - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Floating Rate Bond ETF (FLOT) and Vanguard Total Bond Market ETF (BND). 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
FLOT
iShares Floating Rate Bond ETF
6.97
BND
Vanguard Total Bond Market ETF
0.35

FLOT vs. BND - Sharpe Ratio Comparison

The current FLOT Sharpe Ratio is 6.97, which is higher than the BND Sharpe Ratio of 0.35. The chart below compares the 12-month rolling Sharpe Ratio of FLOT and BND.


Rolling 12-month Sharpe Ratio0.002.004.006.008.00OctoberNovemberDecember2024FebruaryMarch
6.97
0.35
FLOT
BND

Dividends

FLOT vs. BND - Dividend Comparison

FLOT's dividend yield for the trailing twelve months is around 5.76%, more than BND's 3.22% yield.


TTM20232022202120202019201820172016201520142013
FLOT
iShares Floating Rate Bond ETF
5.76%5.66%2.06%0.43%1.25%2.78%2.41%1.46%0.97%0.53%0.44%0.47%
BND
Vanguard Total Bond Market ETF
3.22%3.09%2.60%1.97%2.22%2.72%2.81%2.54%2.51%2.57%2.79%2.78%

Drawdowns

FLOT vs. BND - Drawdown Comparison

The maximum FLOT drawdown since its inception was -13.54%, smaller than the maximum BND drawdown of -18.84%. The drawdown chart below compares losses from any high point along the way for FLOT and BND


-15.00%-10.00%-5.00%0.00%OctoberNovemberDecember2024FebruaryMarch0
-11.09%
FLOT
BND

Volatility

FLOT vs. BND - Volatility Comparison

The current volatility for iShares Floating Rate Bond ETF (FLOT) is 0.17%, while Vanguard Total Bond Market ETF (BND) has a volatility of 1.24%. This indicates that FLOT experiences smaller price fluctuations and is considered to be less risky than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%0.50%1.00%1.50%2.00%2.50%OctoberNovemberDecember2024FebruaryMarch
0.17%
1.24%
FLOT
BND