FLOT vs. TIP
Compare and contrast key facts about iShares Floating Rate Bond ETF (FLOT) and iShares TIPS Bond ETF (TIP).
FLOT and TIP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLOT is a passively managed fund by iShares that tracks the performance of the Bloomberg US Floating Rate Notes (<5 Y). It was launched on Jun 14, 2011. TIP is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. Treasury Inflation Protected Securities (TIPS) Index (Series-L). It was launched on Dec 4, 2003. Both FLOT and TIP are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLOT or TIP.
Correlation
The correlation between FLOT and TIP is -0.40. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
FLOT vs. TIP - Performance Comparison
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Key characteristics
FLOT:
0.16%
TIP:
4.42%
FLOT:
0.00%
TIP:
-0.36%
FLOT:
0.00%
TIP:
-0.27%
Returns By Period
FLOT
N/A
N/A
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TIP
N/A
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FLOT vs. TIP - Expense Ratio Comparison
FLOT has a 0.20% expense ratio, which is higher than TIP's 0.19% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FLOT vs. TIP — Risk-Adjusted Performance Rank
FLOT
TIP
FLOT vs. TIP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Floating Rate Bond ETF (FLOT) and iShares TIPS Bond ETF (TIP). 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.
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Dividends
FLOT vs. TIP - Dividend Comparison
FLOT's dividend yield for the trailing twelve months is around 5.45%, more than TIP's 2.91% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLOT iShares Floating Rate Bond ETF | 5.45% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TIP iShares TIPS Bond ETF | 2.91% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FLOT vs. TIP - Drawdown Comparison
The maximum FLOT drawdown since its inception was 0.00%, smaller than the maximum TIP drawdown of -0.36%. Use the drawdown chart below to compare losses from any high point for FLOT and TIP. For additional features, visit the drawdowns tool.
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Volatility
FLOT vs. TIP - Volatility Comparison
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