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

Key characteristics


FLTRTDTT
YTD Return6.40%4.24%
1Y Return7.64%6.40%
3Y Return (Ann)4.76%1.31%
5Y Return (Ann)3.38%3.41%
10Y Return (Ann)2.69%2.32%
Sharpe Ratio7.262.17
Sortino Ratio11.773.53
Omega Ratio3.761.45
Calmar Ratio10.311.56
Martin Ratio113.7514.29
Ulcer Index0.07%0.45%
Daily Std Dev1.05%2.95%
Max Drawdown-17.84%-6.97%
Current Drawdown0.00%-0.96%

Correlation

-0.50.00.51.00.0

The correlation between FLTR and TDTT 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

FLTR vs. TDTT - Performance Comparison

In the year-to-date period, FLTR achieves a 6.40% return, which is significantly higher than TDTT's 4.24% return. Over the past 10 years, FLTR has outperformed TDTT with an annualized return of 2.69%, while TDTT has yielded a comparatively lower 2.32% 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%1.00%2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
3.07%
3.50%
FLTR
TDTT

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FLTR vs. TDTT - Expense Ratio Comparison

FLTR has a 0.14% expense ratio, which is lower than TDTT's 0.18% 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%.


TDTT
FlexShares iBoxx 3-Year Target Duration TIPS Index Fund
Expense ratio chart for TDTT: current value at 0.18% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.18%
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. TDTT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Investment Grade Floating Rate ETF (FLTR) and FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT). 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 7.26, compared to the broader market-2.000.002.004.006.007.26
Sortino ratio
The chart of Sortino ratio for FLTR, currently valued at 11.77, compared to the broader market-2.000.002.004.006.008.0010.0012.0011.77
Omega ratio
The chart of Omega ratio for FLTR, currently valued at 3.76, compared to the broader market1.001.502.002.503.003.76
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 113.75, compared to the broader market0.0020.0040.0060.0080.00100.00113.75
TDTT
Sharpe ratio
The chart of Sharpe ratio for TDTT, currently valued at 2.17, compared to the broader market-2.000.002.004.006.002.17
Sortino ratio
The chart of Sortino ratio for TDTT, currently valued at 3.53, compared to the broader market-2.000.002.004.006.008.0010.0012.003.53
Omega ratio
The chart of Omega ratio for TDTT, currently valued at 1.45, compared to the broader market1.001.502.002.503.001.45
Calmar ratio
The chart of Calmar ratio for TDTT, currently valued at 1.56, compared to the broader market0.005.0010.0015.001.56
Martin ratio
The chart of Martin ratio for TDTT, currently valued at 14.29, compared to the broader market0.0020.0040.0060.0080.00100.0014.29

FLTR vs. TDTT - Sharpe Ratio Comparison

The current FLTR Sharpe Ratio is 7.26, which is higher than the TDTT Sharpe Ratio of 2.17. The chart below compares the historical Sharpe Ratios of FLTR and TDTT, 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 Ratio0.002.004.006.008.0010.00JuneJulyAugustSeptemberOctoberNovember
7.26
2.17
FLTR
TDTT

Dividends

FLTR vs. TDTT - Dividend Comparison

FLTR's dividend yield for the trailing twelve months is around 6.11%, more than TDTT's 3.82% 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%
TDTT
FlexShares iBoxx 3-Year Target Duration TIPS Index Fund
3.82%3.88%6.97%4.53%1.15%1.91%2.48%1.88%1.01%0.00%0.85%0.19%

Drawdowns

FLTR vs. TDTT - Drawdown Comparison

The maximum FLTR drawdown since its inception was -17.84%, which is greater than TDTT's maximum drawdown of -6.97%. Use the drawdown chart below to compare losses from any high point for FLTR and TDTT. For additional features, visit the drawdowns tool.


-1.40%-1.20%-1.00%-0.80%-0.60%-0.40%-0.20%0.00%JuneJulyAugustSeptemberOctoberNovember0
-0.96%
FLTR
TDTT

Volatility

FLTR vs. TDTT - Volatility Comparison

The current volatility for VanEck Vectors Investment Grade Floating Rate ETF (FLTR) is 0.27%, while FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) has a volatility of 0.63%. This indicates that FLTR experiences smaller price fluctuations and is considered to be less risky than TDTT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.20%0.40%0.60%0.80%1.00%JuneJulyAugustSeptemberOctoberNovember
0.27%
0.63%
FLTR
TDTT