LQID vs. TFLO
LQID (Kurv Enhanced Short Maturity ETF) and TFLO (iShares Treasury Floating Rate Bond ETF) are both exchange-traded funds - LQID is a Ultrashort Bond fund actively managed by Kurv, while TFLO is a Government Bonds fund tracking the Bloomberg U.S. Treasury Floating Rate Index. LQID is actively managed, while TFLO is passively managed. At a 0.08 correlation, their price movements are largely independent. LQID charges 0.35%/yr vs 0.15%/yr for TFLO.
Performance
LQID vs. TFLO - Performance Comparison
Loading charts...
Returns By Period
LQID
- 1D
- 0.06%
- 1M
- 0.36%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
TFLO
- 1D
- 0.02%
- 1M
- 0.33%
- 6M
- 1.90%
- YTD
- 2.12%
- 1Y
- 3.94%
- 3Y*
- 4.67%
- 5Y*
- 3.74%
- 10Y*
- 2.41%
- ALL TIME*
- 1.96%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $645.20K | $510.41K | $336.18K | |
| $64.43M | $71.06M | $73.79M |
LQID vs. TFLO - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
LQID Kurv Enhanced Short Maturity ETF | 0.70% |
TFLO iShares Treasury Floating Rate Bond ETF | 0.74% |
Correlation
The correlation between LQID and TFLO is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 13, 2026 | 0.08 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
LQID vs. TFLO — Risk / Return Rank
LQID
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
TFLO
LQID vs. TFLO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kurv Enhanced Short Maturity ETF (LQID) and iShares Treasury Floating Rate Bond ETF (TFLO). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| LQID | TFLO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 12.34 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 199.41 | — |
| Martin ratioReturn relative to average drawdown | — | 766.49 | — |
Loading charts...
Drawdowns
LQID vs. TFLO - Drawdown Comparison
The maximum LQID drawdown since its inception was -0.14%, smaller than the maximum TFLO drawdown of -5.01%. Use the drawdown chart below to compare losses from any high point for LQID and TFLO.
Loading charts...
Drawdown Indicators
| LQID | TFLO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.14% | -5.01% | +4.87% |
Max Drawdown (1Y)Largest decline over 1 year | — | -0.02% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -0.04% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -0.13% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -0.16% | — |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -0.02% | -0.10% | +0.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.01% | — |
Volatility
LQID vs. TFLO - Volatility Comparison
Loading charts...
Volatility by Period
| LQID | TFLO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.10% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 0.20% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 0.71% | 0.29% | +0.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.71% | 0.35% | +0.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.71% | 0.45% | +0.26% |
LQID vs. TFLO - Expense Ratio Comparison
LQID has a 0.35% expense ratio, which is higher than TFLO's 0.15% expense ratio.
Dividends
LQID vs. TFLO - Dividend Comparison
LQID's dividend yield for the trailing twelve months is around 0.88%, less than TFLO's 3.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LQID Kurv Enhanced Short Maturity ETF | 0.88% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TFLO iShares Treasury Floating Rate Bond ETF | 3.83% | 4.16% | 5.21% | 4.88% | 1.68% | 0.00% | 0.36% | 2.08% | 1.65% | 0.86% | 0.31% | 0.15% |
Frequently Asked Questions
LQID and TFLO have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TFLO is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TFLO is cheaper with a 0.15% expense ratio, compared with 0.35% for LQID.
TFLO has the higher dividend yield at 3.83%, compared with 0.88% for LQID.
LQID is categorized as Ultrashort Bond, while TFLO is Government Bonds. They also come from different issuers: Kurv and iShares. Their fees differ too: 0.35% for LQID and 0.15% for TFLO.
Find the right allocation for LQID and TFLO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer