FLRN vs. QCON

Last updated Jun 4, 2026

FLRN (SPDR Bloomberg Barclays Investment Grade Floating Rate ETF) and QCON (American Century Quality Convertible Securities ETF) are both Corporate Bonds funds. FLRN is passively managed, while QCON is actively managed. FLRN charges 0.15%/yr vs 0.32%/yr for QCON.

Performance

FLRN vs. QCON - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (FLRN) and American Century Quality Convertible Securities ETF (QCON). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FLRN

• 1D: 0.03%
• 1M: 0.45%
• YTD: 1.87%
• 6M: 2.19%
• 1Y: 4.88%
• 3Y*: 5.67%
• 5Y*: 4.19%
• 10Y*: 3.03%

QCON

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FLRN vs. QCON - Yearly Performance Comparison

	2026 (YTD)
FLRN SPDR Bloomberg Barclays Investment Grade Floating Rate ETF	1.35%
QCON American Century Quality Convertible Securities ETF	0.00%

Return for Risk

FLRN vs. QCON — Risk / Return Rank

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

FLRN

FLRN Risk / Return Rank: 99
FLRN Sharpe Ratio Rank: 99
FLRN Sortino Ratio Rank: 99
FLRN Omega Ratio Rank: 99
FLRN Calmar Ratio Rank: 99
FLRN Martin Ratio Rank: 99

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FLRN vs. QCON - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (FLRN) and American Century Quality Convertible Securities ETF (QCON). 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.

	FLRN	QCON	Difference
Sharpe ratio: Return per unit of total volatility	7.18	—	—
Sortino ratio: Return per unit of downside risk	13.18	—	—
Omega ratio: Gain probability vs. loss probability	3.44	—	—
Calmar ratio: Return relative to maximum drawdown	21.54	—	—
Martin ratio: Return relative to average drawdown	130.06	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FLRN	QCON	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	7.18	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	2.50	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.72	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	—	—

Drawdowns

FLRN vs. QCON - Drawdown Comparison

The maximum FLRN drawdown since its inception was -14.64%, which is greater than QCON's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for FLRN and QCON.

Drawdown Indicators

	FLRN	QCON	Difference
Max Drawdown Largest peak-to-trough decline	-14.64%	0.00%	-14.64%
Max Drawdown (1Y) Largest decline over 1 year	-0.23%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-1.43%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-2.16%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-14.64%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-1.83%	0.00%	-1.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.04%	—	—

Volatility

Volatility by Period

	FLRN	QCON	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.15%	—	—
Volatility (6M) Calculated over the trailing 6-month period	0.52%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	0.68%	0.00%	+0.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.69%	0.00%	+1.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.20%	0.00%	+4.20%

FLRN vs. QCON - Expense Ratio Comparison

FLRN has a 0.15% expense ratio, which is lower than QCON's 0.32% expense ratio.

Dividends

FLRN vs. QCON - Dividend Comparison

FLRN's dividend yield for the trailing twelve months is around 4.51%, while QCON has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FLRN SPDR Bloomberg Barclays Investment Grade Floating Rate ETF	4.51%	4.89%	5.67%	5.68%	1.95%	0.39%	1.22%	2.76%	2.39%	1.64%	1.06%	0.63%
QCON American Century Quality Convertible Securities ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, FLRN or QCON?

On fees, FLRN is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FLRN or QCON?

FLRN is cheaper with a 0.15% expense ratio, compared with 0.32% for QCON.

Which ETF pays a higher dividend yield, FLRN or QCON?

FLRN has the higher dividend yield at 4.51%, compared with 0.00% for QCON.

What is the main difference between FLRN and QCON?

They also come from different issuers: State Street and American Century. Their fees differ too: 0.15% for FLRN and 0.32% for QCON.