FLTR vs. USIG
FLTR (VanEck Vectors Investment Grade Floating Rate ETF) and USIG (iShares Broad USD Investment Grade Corporate Bond ETF) are both Corporate Bonds funds - FLTR tracks the MVIS US Investment Grade Floating Rate Index while USIG tracks the ICE BofA US Corporate. Both are passively managed. Over the past 10 years, FLTR returned 3.51%/yr vs 2.63%/yr for USIG. At a 0.05 correlation, their price movements are largely independent. FLTR charges 0.14%/yr vs 0.04%/yr for USIG.
Performance
FLTR vs. USIG - Performance Comparison
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Returns By Period
In the year-to-date period, FLTR achieves a 1.91% return, which is significantly higher than USIG's 0.56% return. Over the past 10 years, FLTR has outperformed USIG with an annualized return of 3.51%, while USIG has yielded a comparatively lower 2.63% annualized return.
FLTR
- 1D
- -0.04%
- 1M
- 0.46%
- YTD
- 1.91%
- 6M
- 2.40%
- 1Y
- 5.30%
- 3Y*
- 6.10%
- 5Y*
- 4.49%
- 10Y*
- 3.51%
USIG
- 1D
- -0.23%
- 1M
- 0.56%
- YTD
- 0.56%
- 6M
- 0.37%
- 1Y
- 6.04%
- 3Y*
- 5.46%
- 5Y*
- 0.72%
- 10Y*
- 2.63%
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 | 1.91% | 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 | 0.56% | 7.86% | 2.56% | 8.71% | -15.30% | -1.34% | 9.44% | 13.99% | -2.21% | 5.75% |
Correlation
The correlation between FLTR and USIG is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Apr 27, 2011 | 0.05 |
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Return for Risk
FLTR vs. USIG — Risk / Return Rank
FLTR
USIG
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 ratioReturn per unit of total volatility | +5.30 | ||
| Sortino ratioReturn per unit of downside risk | +10.62 | ||
| Omega ratioGain probability vs. loss probability | 3.15 | 1.26 | +1.89 |
| Calmar ratioReturn relative to maximum drawdown | 16.96 | 2.17 | +14.79 |
| Martin ratioReturn relative to average drawdown | 101.23 | 7.07 | +94.16 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FLTR | USIG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 6.77 | 1.47 | +5.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 2.11 | 0.11 | +2.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.70 | 0.39 | +0.32 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.54 | -0.01 |
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.
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Drawdown Indicators
| FLTR | USIG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.84% | -22.21% | +4.37% |
Max Drawdown (1Y)Largest decline over 1 year | -0.31% | -2.79% | +2.48% |
Max Drawdown (3Y)Largest decline over 3 years | -1.93% | -6.10% | +4.17% |
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 DrawdownCurrent decline from peak | -0.04% | -0.97% | +0.93% |
Average DrawdownAverage peak-to-trough decline | -0.67% | -3.42% | +2.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.05% | 0.86% | -0.81% |
Volatility
FLTR vs. USIG - Volatility Comparison
The current volatility for VanEck Vectors Investment Grade Floating Rate ETF (FLTR) is 0.25%, while iShares Broad USD Investment Grade Corporate Bond ETF (USIG) has a volatility of 1.27%. 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.
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Volatility by Period
| FLTR | USIG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.25% | 1.27% | -1.02% |
Volatility (6M)Calculated over the trailing 6-month period | 0.62% | 3.04% | -2.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.79% | 4.13% | -3.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.13% | 6.82% | -4.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.00% | 6.82% | -1.82% |
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%.
Dividends
FLTR vs. USIG - Dividend Comparison
FLTR's dividend yield for the trailing twelve months is around 4.73%, which matches USIG's 4.74% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLTR VanEck Vectors Investment Grade Floating Rate ETF | 4.73% | 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 | 4.74% | 4.62% | 4.51% | 3.94% | 3.14% | 2.33% | 2.82% | 3.37% | 3.44% | 3.03% | 2.87% | 3.24% |
Frequently Asked Questions
FLTR and USIG have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
USIG has higher volatility (1.27%) compared to FLTR (0.25%). In terms of maximum drawdown, FLTR dropped -17.84% vs USIG's -22.21%.
On 10-year performance, FLTR leads with 3.51% vs 2.63% for USIG. On fees, USIG is cheaper at 0.04% per year. On volatility, FLTR has been the lower-risk option at 0.25%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, FLTR has performed better with a 3.51% return vs 2.63%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
USIG is cheaper with a 0.04% expense ratio, compared with 0.14% for FLTR.
FLTR and USIG have nearly identical dividend yields, around 4.73%.
FLTR tracks MVIS US Investment Grade Floating Rate Index, while USIG tracks ICE BofA US Corporate. They also come from different issuers: VanEck and iShares. Their fees differ too: 0.14% for FLTR and 0.04% for USIG.
FLTR currently has the higher Sharpe Ratio (6.77 vs 1.47), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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