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

Performance

FLTR vs. FLOT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors Investment Grade Floating Rate ETF (FLTR) and iShares Floating Rate Bond ETF (FLOT). The values are adjusted to include any dividend payments, if applicable.

0.00%0.50%1.00%1.50%2.00%2.50%3.00%3.50%JuneJulyAugustSeptemberOctoberNovember
3.03%
2.93%
FLTR
FLOT

Returns By Period

In the year-to-date period, FLTR achieves a 6.56% return, which is significantly higher than FLOT's 5.89% return. Over the past 10 years, FLTR has outperformed FLOT with an annualized return of 2.72%, while FLOT has yielded a comparatively lower 2.35% annualized return.


FLTR

YTD

6.56%

1M

0.61%

6M

3.11%

1Y

7.55%

5Y (annualized)

3.39%

10Y (annualized)

2.72%

FLOT

YTD

5.89%

1M

0.60%

6M

2.96%

1Y

6.67%

5Y (annualized)

3.01%

10Y (annualized)

2.35%

Key characteristics


FLTRFLOT
Sharpe Ratio7.478.17
Sortino Ratio12.2814.97
Omega Ratio3.854.58
Calmar Ratio10.3114.92
Martin Ratio115.34161.87
Ulcer Index0.07%0.04%
Daily Std Dev1.02%0.81%
Max Drawdown-17.84%-13.54%
Current Drawdown-0.08%0.00%

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FLTR vs. FLOT - Expense Ratio Comparison

FLTR has a 0.14% expense ratio, which is lower than FLOT's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


FLOT
iShares Floating Rate Bond ETF
Expense ratio chart for FLOT: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%
Expense ratio chart for FLTR: current value at 0.14% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.14%

Correlation

-0.50.00.51.00.2

The correlation between FLTR and FLOT is 0.18, 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.

Risk-Adjusted Performance

FLTR vs. FLOT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Investment Grade Floating Rate ETF (FLTR) and iShares Floating Rate Bond ETF (FLOT). 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 ratio
The chart of Sharpe ratio for FLTR, currently valued at 7.47, compared to the broader market0.002.004.007.478.17
The chart of Sortino ratio for FLTR, currently valued at 12.28, compared to the broader market-2.000.002.004.006.008.0010.0012.0012.2814.97
The chart of Omega ratio for FLTR, currently valued at 3.85, compared to the broader market0.501.001.502.002.503.003.854.58
The chart of Calmar ratio for FLTR, currently valued at 10.31, compared to the broader market0.005.0010.0015.0010.3114.92
The chart of Martin ratio for FLTR, currently valued at 115.34, compared to the broader market0.0020.0040.0060.0080.00100.00115.34161.87
FLTR
FLOT

The current FLTR Sharpe Ratio is 7.47, which is comparable to the FLOT Sharpe Ratio of 8.17. The chart below compares the historical Sharpe Ratios of FLTR and FLOT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio6.007.008.009.0010.0011.00JuneJulyAugustSeptemberOctoberNovember
7.47
8.17
FLTR
FLOT

Dividends

FLTR vs. FLOT - Dividend Comparison

FLTR's dividend yield for the trailing twelve months is around 6.10%, more than FLOT's 5.91% yield.


TTM20232022202120202019201820172016201520142013
FLTR
VanEck Vectors Investment Grade Floating Rate ETF
6.10%6.08%2.30%0.63%1.49%3.05%2.67%1.69%1.16%0.71%0.66%0.65%
FLOT
iShares Floating Rate Bond ETF
5.91%5.66%2.06%0.43%1.25%2.78%2.41%1.45%0.97%0.53%0.44%0.48%

Drawdowns

FLTR vs. FLOT - Drawdown Comparison

The maximum FLTR drawdown since its inception was -17.84%, which is greater than FLOT's maximum drawdown of -13.54%. Use the drawdown chart below to compare losses from any high point for FLTR and FLOT. For additional features, visit the drawdowns tool.


-0.80%-0.60%-0.40%-0.20%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.08%
0
FLTR
FLOT

Volatility

FLTR vs. FLOT - Volatility Comparison

VanEck Vectors Investment Grade Floating Rate ETF (FLTR) has a higher volatility of 0.26% compared to iShares Floating Rate Bond ETF (FLOT) at 0.21%. This indicates that FLTR's price experiences larger fluctuations and is considered to be riskier than FLOT 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%JuneJulyAugustSeptemberOctoberNovember
0.26%
0.21%
FLTR
FLOT