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

Key characteristics


FLOTUSFR
YTD Return1.91%1.42%
1Y Return7.74%5.58%
3Y Return (Ann)3.25%2.81%
5Y Return (Ann)2.64%2.11%
10Y Return (Ann)1.98%2.04%
Sharpe Ratio6.977.54
Daily Std Dev1.14%0.74%
Max Drawdown-13.54%-1.36%
Current Drawdown0.00%-0.36%

Correlation

0.02
-1.001.00

The correlation between FLOT and USFR 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. USFR - Performance Comparison

In the year-to-date period, FLOT achieves a 1.91% return, which is significantly higher than USFR's 1.42% return. Both investments have delivered pretty close results over the past 10 years, with FLOT having a 1.98% annualized return and USFR not far ahead at 2.04%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


12.00%14.00%16.00%18.00%20.00%22.00%OctoberNovemberDecember2024FebruaryMarch
21.74%
15.13%
FLOT
USFR

Compare stocks, funds, or ETFs


iShares Floating Rate Bond ETF

WisdomTree Bloomberg Floating Rate Treasury Fund

FLOT vs. USFR - Expense Ratio Comparison

FLOT has a 0.20% expense ratio, which is higher than USFR's 0.15% expense ratio.

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

Risk-Adjusted Performance

FLOT vs. USFR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Floating Rate Bond ETF (FLOT) and WisdomTree Bloomberg Floating Rate Treasury Fund (USFR). 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
USFR
WisdomTree Bloomberg Floating Rate Treasury Fund
7.54

FLOT vs. USFR - Sharpe Ratio Comparison

The current FLOT Sharpe Ratio is 6.97, which roughly equals the USFR Sharpe Ratio of 7.54. The chart below compares the 12-month rolling Sharpe Ratio of FLOT and USFR.


Rolling 12-month Sharpe Ratio2.004.006.008.0010.0012.0014.00OctoberNovemberDecember2024FebruaryMarch
6.97
7.54
FLOT
USFR

Dividends

FLOT vs. USFR - Dividend Comparison

FLOT's dividend yield for the trailing twelve months is around 5.76%, more than USFR's 5.31% 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%
USFR
WisdomTree Bloomberg Floating Rate Treasury Fund
5.31%5.12%1.78%0.01%0.40%2.08%1.67%1.03%0.29%0.00%0.00%0.00%

Drawdowns

FLOT vs. USFR - Drawdown Comparison

The maximum FLOT drawdown since its inception was -13.54%, which is greater than USFR's maximum drawdown of -1.36%. The drawdown chart below compares losses from any high point along the way for FLOT and USFR


-0.40%-0.30%-0.20%-0.10%0.00%OctoberNovemberDecember2024FebruaryMarch0
-0.36%
FLOT
USFR

Volatility

FLOT vs. USFR - Volatility Comparison

The current volatility for iShares Floating Rate Bond ETF (FLOT) is 0.17%, while WisdomTree Bloomberg Floating Rate Treasury Fund (USFR) has a volatility of 0.66%. This indicates that FLOT experiences smaller price fluctuations and is considered to be less risky than USFR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.10%0.20%0.30%0.40%0.50%0.60%0.70%OctoberNovemberDecember2024FebruaryMarch
0.17%
0.66%
FLOT
USFR