FLOT vs. USD=X
FLOT (iShares Floating Rate Bond ETF) is Ultrashort Bond fund tracking the Bloomberg US Floating Rate Note < 5 Years Index, while USD=X (USD Cash) is a currency. Over the past 10 years, FLOT returned 3.03%/yr vs 0.00%/yr for USD=X.
Performance
FLOT vs. USD=X - Performance Comparison
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Returns By Period
FLOT
- 1D
- 0.00%
- 1M
- 0.41%
- YTD
- 1.87%
- 6M
- 2.15%
- 1Y
- 4.85%
- 3Y*
- 5.60%
- 5Y*
- 4.20%
- 10Y*
- 3.03%
USD=X
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 0.00%
- 3Y*
- 0.00%
- 5Y*
- 0.00%
- 10Y*
- 0.00%
FLOT vs. USD=X - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FLOT iShares Floating Rate Bond ETF | 1.87% | 4.91% | 6.53% | 6.43% | 1.28% | 0.45% | 0.87% | 3.97% | 1.48% | 1.65% |
USD=X USD Cash | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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Return for Risk
FLOT vs. USD=X — Risk / Return Rank
FLOT
USD=X
FLOT vs. USD=X - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Floating Rate Bond ETF (FLOT) and USD Cash (USD=X). 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.
| FLOT | USD=X | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 3.22 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 11.27 | — | — |
| Martin ratioReturn relative to average drawdown | 104.83 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FLOT | USD=X | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 6.54 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 2.38 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | — | — |
Drawdowns
FLOT vs. USD=X - Drawdown Comparison
The maximum FLOT drawdown since its inception was -13.54%, which is greater than USD=X's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for FLOT and USD=X.
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Drawdown Indicators
| FLOT | USD=X | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.54% | 0.00% | -13.54% |
Max Drawdown (1Y)Largest decline over 1 year | -0.43% | 0.00% | -0.43% |
Max Drawdown (3Y)Largest decline over 3 years | -1.57% | 0.00% | -1.57% |
Max Drawdown (5Y)Largest decline over 5 years | -2.36% | 0.00% | -2.36% |
Max Drawdown (10Y)Largest decline over 10 years | -13.54% | 0.00% | -13.54% |
Current DrawdownCurrent decline from peak | -0.02% | 0.00% | -0.02% |
Average DrawdownAverage peak-to-trough decline | -0.21% | 0.00% | -0.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.05% | 0.00% | +0.05% |
Volatility
FLOT vs. USD=X - Volatility Comparison
iShares Floating Rate Bond ETF (FLOT) has a higher volatility of 0.20% compared to USD Cash (USD=X) at 0.00%. This indicates that FLOT's price experiences larger fluctuations and is considered to be riskier than USD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLOT | USD=X | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.20% | 0.00% | +0.20% |
Volatility (6M)Calculated over the trailing 6-month period | 0.62% | 0.00% | +0.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.75% | 0.00% | +0.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.77% | 0.00% | +1.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.15% | 0.00% | +4.15% |
Frequently Asked Questions
FLOT has higher volatility (0.20%) compared to USD=X (0.00%). In terms of maximum drawdown, FLOT dropped -13.54% vs USD=X's 0.00%.
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