PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FLTR vs. FLOT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FLTRFLOT
YTD Return6.48%5.76%
1Y Return7.55%6.61%
3Y Return (Ann)4.81%4.45%
5Y Return (Ann)3.38%3.00%
10Y Return (Ann)2.70%2.34%
Sharpe Ratio7.258.20
Sortino Ratio11.7515.02
Omega Ratio3.724.57
Calmar Ratio10.3115.02
Martin Ratio113.65162.39
Ulcer Index0.07%0.04%
Daily Std Dev1.05%0.81%
Max Drawdown-17.84%-13.54%
Current Drawdown0.00%0.00%

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.

Performance

FLTR vs. FLOT - Performance Comparison

In the year-to-date period, FLTR achieves a 6.48% return, which is significantly higher than FLOT's 5.76% return. Over the past 10 years, FLTR has outperformed FLOT with an annualized return of 2.70%, while FLOT has yielded a comparatively lower 2.34% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%0.50%1.00%1.50%2.00%2.50%3.00%3.50%JuneJulyAugustSeptemberOctoberNovember
3.11%
2.94%
FLTR
FLOT

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


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%

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.


FLTR
Sharpe ratio
The chart of Sharpe ratio for FLTR, currently valued at 7.25, compared to the broader market-2.000.002.004.006.007.25
Sortino ratio
The chart of Sortino ratio for FLTR, currently valued at 11.75, compared to the broader market-2.000.002.004.006.008.0010.0012.0011.75
Omega ratio
The chart of Omega ratio for FLTR, currently valued at 3.72, compared to the broader market1.001.502.002.503.003.72
Calmar ratio
The chart of Calmar ratio for FLTR, currently valued at 10.31, compared to the broader market0.005.0010.0015.0010.31
Martin ratio
The chart of Martin ratio for FLTR, currently valued at 113.65, compared to the broader market0.0020.0040.0060.0080.00100.00113.65
FLOT
Sharpe ratio
The chart of Sharpe ratio for FLOT, currently valued at 8.20, compared to the broader market-2.000.002.004.006.008.20
Sortino ratio
The chart of Sortino ratio for FLOT, currently valued at 15.02, compared to the broader market-2.000.002.004.006.008.0010.0012.0015.02
Omega ratio
The chart of Omega ratio for FLOT, currently valued at 4.57, compared to the broader market1.001.502.002.503.004.57
Calmar ratio
The chart of Calmar ratio for FLOT, currently valued at 15.02, compared to the broader market0.005.0010.0015.0015.02
Martin ratio
The chart of Martin ratio for FLOT, currently valued at 162.39, compared to the broader market0.0020.0040.0060.0080.00100.00162.39

FLTR vs. FLOT - Sharpe Ratio Comparison

The current FLTR Sharpe Ratio is 7.25, which is comparable to the FLOT Sharpe Ratio of 8.20. 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
7.25
8.20
FLTR
FLOT

Dividends

FLTR vs. FLOT - Dividend Comparison

FLTR's dividend yield for the trailing twelve months is around 6.11%, more than FLOT's 5.92% yield.


TTM20232022202120202019201820172016201520142013
FLTR
VanEck Vectors Investment Grade Floating Rate ETF
6.11%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
5.92%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%JuneJulyAugustSeptemberOctoberNovember00
FLTR
FLOT

Volatility

FLTR vs. FLOT - Volatility Comparison

The current volatility for VanEck Vectors Investment Grade Floating Rate ETF (FLTR) is 0.25%, while iShares Floating Rate Bond ETF (FLOT) has a volatility of 0.41%. This indicates that FLTR experiences smaller price fluctuations and is considered to be less risky 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
0.25%
0.41%
FLTR
FLOT