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

Correlation

The correlation between FLOT and NEAR is 0.03, 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.


-0.50.00.51.0
Correlation: 0.0

Performance

FLOT vs. NEAR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Floating Rate Bond ETF (FLOT) and iShares Short Maturity Bond ETF (NEAR). The values are adjusted to include any dividend payments, if applicable.

26.00%27.00%28.00%29.00%30.00%NovemberDecember2025FebruaryMarchApril
29.07%
29.54%
FLOT
NEAR

Key characteristics

Sharpe Ratio

FLOT:

2.50

NEAR:

3.43

Sortino Ratio

FLOT:

3.14

NEAR:

5.09

Omega Ratio

FLOT:

2.20

NEAR:

1.80

Calmar Ratio

FLOT:

3.41

NEAR:

5.91

Martin Ratio

FLOT:

26.63

NEAR:

23.82

Ulcer Index

FLOT:

0.20%

NEAR:

0.29%

Daily Std Dev

FLOT:

2.15%

NEAR:

2.00%

Max Drawdown

FLOT:

-13.54%

NEAR:

-9.60%

Current Drawdown

FLOT:

-0.06%

NEAR:

-0.22%

Returns By Period

In the year-to-date period, FLOT achieves a 1.17% return, which is significantly lower than NEAR's 1.91% return. Both investments have delivered pretty close results over the past 10 years, with FLOT having a 2.52% annualized return and NEAR not far behind at 2.49%.


FLOT

YTD

1.17%

1M

0.12%

6M

2.29%

1Y

5.38%

5Y*

3.65%

10Y*

2.52%

NEAR

YTD

1.91%

1M

0.68%

6M

2.59%

1Y

6.75%

5Y*

3.61%

10Y*

2.49%

*Annualized

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FLOT vs. NEAR - Expense Ratio Comparison

FLOT has a 0.20% expense ratio, which is lower than NEAR's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Expense ratio chart for NEAR: current value is 0.25%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
NEAR: 0.25%
Expense ratio chart for FLOT: current value is 0.20%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FLOT: 0.20%

Risk-Adjusted Performance

FLOT vs. NEAR — Risk-Adjusted Performance Rank

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

FLOT
The Risk-Adjusted Performance Rank of FLOT is 9797
Overall Rank
The Sharpe Ratio Rank of FLOT is 9797
Sharpe Ratio Rank
The Sortino Ratio Rank of FLOT is 9696
Sortino Ratio Rank
The Omega Ratio Rank of FLOT is 9999
Omega Ratio Rank
The Calmar Ratio Rank of FLOT is 9696
Calmar Ratio Rank
The Martin Ratio Rank of FLOT is 9898
Martin Ratio Rank

NEAR
The Risk-Adjusted Performance Rank of NEAR is 9898
Overall Rank
The Sharpe Ratio Rank of NEAR is 9898
Sharpe Ratio Rank
The Sortino Ratio Rank of NEAR is 9898
Sortino Ratio Rank
The Omega Ratio Rank of NEAR is 9898
Omega Ratio Rank
The Calmar Ratio Rank of NEAR is 9898
Calmar Ratio Rank
The Martin Ratio Rank of NEAR is 9898
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FLOT vs. NEAR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Floating Rate Bond ETF (FLOT) and iShares Short Maturity Bond ETF (NEAR). 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.


The chart of Sharpe ratio for FLOT, currently valued at 2.50, compared to the broader market-1.000.001.002.003.004.00
FLOT: 2.50
NEAR: 3.43
The chart of Sortino ratio for FLOT, currently valued at 3.14, compared to the broader market-2.000.002.004.006.008.00
FLOT: 3.14
NEAR: 5.09
The chart of Omega ratio for FLOT, currently valued at 2.20, compared to the broader market0.501.001.502.00
FLOT: 2.20
NEAR: 1.80
The chart of Calmar ratio for FLOT, currently valued at 3.41, compared to the broader market0.002.004.006.008.0010.0012.00
FLOT: 3.41
NEAR: 5.91
The chart of Martin ratio for FLOT, currently valued at 26.63, compared to the broader market0.0020.0040.0060.00
FLOT: 26.63
NEAR: 23.82

The current FLOT Sharpe Ratio is 2.50, which is comparable to the NEAR Sharpe Ratio of 3.43. The chart below compares the historical Sharpe Ratios of FLOT and NEAR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio2.003.004.005.006.007.008.00NovemberDecember2025FebruaryMarchApril
2.50
3.43
FLOT
NEAR

Dividends

FLOT vs. NEAR - Dividend Comparison

FLOT's dividend yield for the trailing twelve months is around 5.52%, more than NEAR's 4.90% yield.


TTM20242023202220212020201920182017201620152014
FLOT
iShares Floating Rate Bond ETF
5.52%5.82%5.66%2.06%0.43%1.25%2.78%2.41%1.45%0.97%0.53%0.44%
NEAR
iShares Short Maturity Bond ETF
4.90%5.00%4.59%1.78%0.76%1.53%2.69%2.25%1.52%1.07%0.85%0.85%

Drawdowns

FLOT vs. NEAR - Drawdown Comparison

The maximum FLOT drawdown since its inception was -13.54%, which is greater than NEAR's maximum drawdown of -9.60%. Use the drawdown chart below to compare losses from any high point for FLOT and NEAR. For additional features, visit the drawdowns tool.


-1.50%-1.00%-0.50%0.00%NovemberDecember2025FebruaryMarchApril
-0.06%
-0.22%
FLOT
NEAR

Volatility

FLOT vs. NEAR - Volatility Comparison

iShares Floating Rate Bond ETF (FLOT) has a higher volatility of 2.05% compared to iShares Short Maturity Bond ETF (NEAR) at 1.29%. This indicates that FLOT's price experiences larger fluctuations and is considered to be riskier than NEAR 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%NovemberDecember2025FebruaryMarchApril
2.05%
1.29%
FLOT
NEAR