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FLRN vs. TFLO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FLRN and TFLO is -0.04. 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

FLRN vs. TFLO - 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 iShares Treasury Floating Rate Bond ETF (TFLO). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FLRN:

2.85

TFLO:

15.07

Sortino Ratio

FLRN:

3.62

TFLO:

51.73

Omega Ratio

FLRN:

2.26

TFLO:

12.09

Calmar Ratio

FLRN:

3.74

TFLO:

189.91

Martin Ratio

FLRN:

30.64

TFLO:

806.81

Ulcer Index

FLRN:

0.17%

TFLO:

0.01%

Daily Std Dev

FLRN:

1.88%

TFLO:

0.32%

Max Drawdown

FLRN:

-14.64%

TFLO:

-5.01%

Current Drawdown

FLRN:

0.00%

TFLO:

0.00%

Returns By Period

The year-to-date returns for both stocks are quite close, with FLRN having a 1.57% return and TFLO slightly lower at 1.51%. Over the past 10 years, FLRN has outperformed TFLO with an annualized return of 2.55%, while TFLO has yielded a comparatively lower 2.04% annualized return.


FLRN

YTD

1.57%

1M

1.19%

6M

2.21%

1Y

5.32%

5Y*

3.57%

10Y*

2.55%

TFLO

YTD

1.51%

1M

0.33%

6M

2.25%

1Y

4.79%

5Y*

2.77%

10Y*

2.04%

*Annualized

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FLRN vs. TFLO - Expense Ratio Comparison

Both FLRN and TFLO have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


Risk-Adjusted Performance

FLRN vs. TFLO — Risk-Adjusted Performance Rank

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

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

TFLO
The Risk-Adjusted Performance Rank of TFLO is 100100
Overall Rank
The Sharpe Ratio Rank of TFLO is 100100
Sharpe Ratio Rank
The Sortino Ratio Rank of TFLO is 100100
Sortino Ratio Rank
The Omega Ratio Rank of TFLO is 100100
Omega Ratio Rank
The Calmar Ratio Rank of TFLO is 100100
Calmar Ratio Rank
The Martin Ratio Rank of TFLO is 100100
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.

FLRN vs. TFLO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (FLRN) and iShares Treasury Floating Rate Bond ETF (TFLO). 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 current FLRN Sharpe Ratio is 2.85, which is lower than the TFLO Sharpe Ratio of 15.07. The chart below compares the historical Sharpe Ratios of FLRN and TFLO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FLRN vs. TFLO - Dividend Comparison

FLRN's dividend yield for the trailing twelve months is around 5.42%, more than TFLO's 0.36% yield.


TTM20242023202220212020201920182017201620152014
FLRN
SPDR Bloomberg Barclays Investment Grade Floating Rate ETF
5.42%5.67%5.68%1.95%0.39%1.22%2.76%2.39%1.64%1.06%0.63%0.53%
TFLO
iShares Treasury Floating Rate Bond ETF
0.36%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

FLRN vs. TFLO - Drawdown Comparison

The maximum FLRN drawdown since its inception was -14.64%, which is greater than TFLO's maximum drawdown of -5.01%. Use the drawdown chart below to compare losses from any high point for FLRN and TFLO. For additional features, visit the drawdowns tool.


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Volatility

FLRN vs. TFLO - Volatility Comparison

SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (FLRN) has a higher volatility of 0.49% compared to iShares Treasury Floating Rate Bond ETF (TFLO) at 0.11%. This indicates that FLRN's price experiences larger fluctuations and is considered to be riskier than TFLO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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