FLTR vs. USIG

Last updated Apr 2, 2026

Compare and contrast key facts about VanEck Vectors Investment Grade Floating Rate ETF (FLTR) and iShares Broad USD Investment Grade Corporate Bond ETF (USIG).

FLTR and USIG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLTR is a passively managed fund by VanEck that tracks the performance of the MVIS US Investment Grade Floating Rate Index. It was launched on Apr 25, 2011. USIG is a passively managed fund by iShares that tracks the performance of the ICE BofA US Corporate. It was launched on Jan 5, 2007. Both FLTR and USIG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

FLTR vs. USIG - 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 Broad USD Investment Grade Corporate Bond ETF (USIG). The values are adjusted to include any dividend payments, if applicable.

FLTR vs. USIG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FLTR VanEck Vectors Investment Grade Floating Rate ETF	0.68%	5.22%	7.38%	7.41%	0.74%	0.55%	1.44%	5.70%	0.30%	2.80%
USIG iShares Broad USD Investment Grade Corporate Bond ETF	-0.23%	7.86%	2.56%	8.71%	-15.30%	-1.34%	9.44%	13.99%	-2.21%	5.75%

Returns By Period

In the year-to-date period, FLTR achieves a 0.68% return, which is significantly higher than USIG's -0.23% return. Over the past 10 years, FLTR has outperformed USIG with an annualized return of 3.46%, while USIG has yielded a comparatively lower 2.73% annualized return.

FLTR

• 1D: -0.03%
• 1M: -0.07%
• YTD: 0.68%
• 6M: 1.96%
• 1Y: 4.71%
• 3Y*: 6.47%
• 5Y*: 4.28%
• 10Y*: 3.46%

USIG

• 1D: 0.06%
• 1M: -1.45%
• YTD: -0.23%
• 6M: 0.19%
• 1Y: 4.85%
• 3Y*: 4.95%
• 5Y*: 0.84%
• 10Y*: 2.73%

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

FLTR vs. USIG - Expense Ratio Comparison

FLTR has a 0.14% expense ratio, which is higher than USIG's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

FLTR

VanEck Vectors Investment Grade Floating Rate ETF

USIG

iShares Broad USD Investment Grade Corporate Bond ETF

Return for Risk

FLTR vs. USIG — Risk / Return Rank

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

FLTR

FLTR Risk / Return Rank: 91
FLTR Sharpe Ratio Rank: 91
FLTR Sortino Ratio Rank: 87
FLTR Omega Ratio Rank: 98
FLTR Calmar Ratio Rank: 82
FLTR Martin Ratio Rank: 96

USIG

USIG Risk / Return Rank: 53
USIG Sharpe Ratio Rank: 51
USIG Sortino Ratio Rank: 47
USIG Omega Ratio Rank: 45
USIG Calmar Ratio Rank: 68
USIG Martin Ratio Rank: 55

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.

FLTR vs. USIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Investment Grade Floating Rate ETF (FLTR) and iShares Broad USD Investment Grade Corporate Bond ETF (USIG). 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	USIG	Difference
Sharpe ratio Return per unit of total volatility	2.10	0.96	+1.14
Sortino ratio Return per unit of downside risk	2.43	1.33	+1.10
Omega ratio Gain probability vs. loss probability	1.92	1.18	+0.74
Calmar ratio Return relative to maximum drawdown	2.44	1.83	+0.60
Martin ratio Return relative to average drawdown	17.88	5.66	+12.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FLTR vs. USIG - Sharpe Ratio Comparison

The current FLTR Sharpe Ratio is 2.10, which is higher than the USIG Sharpe Ratio of 0.96. The chart below compares the historical Sharpe Ratios of FLTR and USIG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FLTR	USIG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.10	0.96	+1.14
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	2.01	0.12	+1.88
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.69	0.40	+0.29
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	0.53	-0.02

Correlation

The correlation between FLTR and USIG is 0.05, 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.

Dividends

FLTR vs. USIG - Dividend Comparison

FLTR's dividend yield for the trailing twelve months is around 4.86%, more than USIG's 4.70% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FLTR VanEck Vectors Investment Grade Floating Rate ETF	4.86%	4.97%	5.93%	6.07%	2.29%	0.63%	1.49%	3.05%	2.67%	1.69%	1.16%	0.71%
USIG iShares Broad USD Investment Grade Corporate Bond ETF	4.70%	4.62%	4.51%	3.94%	3.14%	2.33%	2.82%	3.37%	3.44%	3.03%	2.87%	3.24%

Drawdowns

FLTR vs. USIG - Drawdown Comparison

The maximum FLTR drawdown since its inception was -17.84%, smaller than the maximum USIG drawdown of -22.21%. Use the drawdown chart below to compare losses from any high point for FLTR and USIG.

Drawdown Indicators

	FLTR	USIG	Difference
Max Drawdown Largest peak-to-trough decline	-17.84%	-22.21%	+4.37%
Max Drawdown (1Y) Largest decline over 1 year	-1.93%	-2.79%	+0.86%
Max Drawdown (5Y) Largest decline over 5 years	-3.06%	-21.45%	+18.39%
Max Drawdown (10Y) Largest decline over 10 years	-17.84%	-21.45%	+3.61%
Current Drawdown Current decline from peak	-0.15%	-1.74%	+1.59%
Average Drawdown Average peak-to-trough decline	-0.68%	-3.44%	+2.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.26%	0.90%	-0.64%

Volatility

FLTR vs. USIG - Volatility Comparison

The current volatility for VanEck Vectors Investment Grade Floating Rate ETF (FLTR) is 0.40%, while iShares Broad USD Investment Grade Corporate Bond ETF (USIG) has a volatility of 2.10%. This indicates that FLTR experiences smaller price fluctuations and is considered to be less risky than USIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLTR	USIG	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.40%	2.10%	-1.70%
Volatility (6M) Calculated over the trailing 6-month period	0.58%	2.89%	-2.31%
Volatility (1Y) Calculated over the trailing 1-year period	2.25%	5.05%	-2.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.14%	6.83%	-4.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.01%	6.82%	-1.81%