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QIG vs. FLRN
Performance
Return for Risk
Drawdowns
Volatility
Dividends

QIG vs. FLRN

Last updated Jun 4, 2026

QIG (WisdomTree U.S. Corporate Bond Fund) and FLRN (SPDR Bloomberg Barclays Investment Grade Floating Rate ETF) are both Corporate Bonds funds - QIG tracks the WisdomTree U.S. Quality Corporate Bond Index while FLRN tracks the Bloomberg US Floating Rate Notes (<5 Y). Both are passively managed. Over the past 10 years, QIG returned 2.50%/yr vs 3.03%/yr for FLRN. At a 0.07 correlation, their price movements are largely independent. QIG charges 0.18%/yr vs 0.15%/yr for FLRN.

Performance

QIG vs. FLRN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree U.S. Corporate Bond Fund (QIG) and SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (FLRN). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, QIG achieves a 0.49% return, which is significantly lower than FLRN's 1.87% return. Over the past 10 years, QIG has underperformed FLRN with an annualized return of 2.50%, while FLRN has yielded a comparatively higher 3.03% annualized return.

QIG

1D
-0.21%
1M
0.66%
YTD
0.49%
6M
0.42%
1Y
5.92%
3Y*
5.29%
5Y*
0.56%
10Y*
2.50%

FLRN

1D
0.03%
1M
0.45%
YTD
1.87%
6M
2.19%
1Y
4.88%
3Y*
5.67%
5Y*
4.19%
10Y*
3.03%
*Multi-year figures are annualized to reflect compound growth (CAGR)

QIG vs. FLRN - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
QIG
WisdomTree U.S. Corporate Bond Fund		0.49%7.85%2.28%8.48%-16.25%-1.52%9.75%13.97%-2.01%7.00%
FLRN
SPDR Bloomberg Barclays Investment Grade Floating Rate ETF		1.87%5.01%6.32%6.54%1.31%0.39%0.77%4.02%1.39%1.81%

Correlation

The correlation between QIG and FLRN is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.18

Correlation (3Y)
Calculated over the trailing 3-year period

0.11

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 28, 2016

0.07

The correlation between QIG and FLRN shifts across timeframes, from 0.07 (all time) to 0.18 (1 year), reflecting how their relationship changes across market environments.

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WisdomTree U.S. Corporate Bond Fund

SPDR Bloomberg Barclays Investment Grade Floating Rate ETF

Often compared with QIG:
QIG vs. USIGQIG vs. BBCBQIG vs. DHSQIG vs. VCITQIG vs. BSCQQIG vs. DBOQIG vs. GDE
Often compared with FLRN:
FLRN vs. FLOTFLRN vs. TFLOFLRN vs. SGOVFLRN vs. PRFRXFLRN vs. USFRFLRN vs. VUBFXFLRN vs. BND

Return for Risk

QIG vs. FLRN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
QIG
QIG Risk / Return Rank: 4242
Overall Rank
QIG Sharpe Ratio Rank: 4141
Sharpe Ratio Rank
QIG Sortino Ratio Rank: 4242
Sortino Ratio Rank
QIG Omega Ratio Rank: 3939
Omega Ratio Rank
QIG Calmar Ratio Rank: 4646
Calmar Ratio Rank
QIG Martin Ratio Rank: 4343
Martin Ratio Rank
FLRN
FLRN Risk / Return Rank: 9999
Overall Rank
FLRN Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
FLRN Sortino Ratio Rank: 9999
Sortino Ratio Rank
FLRN Omega Ratio Rank: 9999
Omega Ratio Rank
FLRN Calmar Ratio Rank: 9999
Calmar Ratio Rank
FLRN Martin Ratio Rank: 9999
Martin Ratio Rank
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.

QIG vs. FLRN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. Corporate Bond Fund (QIG) and SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (FLRN). 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.

QIGFLRNDifference

Sharpe ratio

Return per unit of total volatility

1.43

7.18

-5.75

Sortino ratio

Return per unit of downside risk

2.11

13.18

-11.07

Omega ratio

Gain probability vs. loss probability

1.25

3.44

-2.19

Calmar ratio

Return relative to maximum drawdown

2.21

21.54

-19.33

Martin ratio

Return relative to average drawdown

6.91

130.06

-123.16

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QIG vs. FLRN - Sharpe Ratio Comparison

The current QIG Sharpe Ratio is 1.43, which is lower than the FLRN Sharpe Ratio of 7.18. The chart below compares the historical Sharpe Ratios of QIG and FLRN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

QIGFLRNDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.43

7.18

-5.75

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.08

2.50

-2.42

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.33

0.72

-0.39

Sharpe Ratio (All Time)

Calculated using the full available price history

0.33

0.50

-0.17

Drawdowns

QIG vs. FLRN - Drawdown Comparison

The maximum QIG drawdown since its inception was -22.92%, which is greater than FLRN's maximum drawdown of -14.64%. Use the drawdown chart below to compare losses from any high point for QIG and FLRN.

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Drawdown Indicators

QIGFLRNDifference

Max Drawdown

Largest peak-to-trough decline

-22.92%

-14.64%

-8.28%

Max Drawdown (1Y)

Largest decline over 1 year

-2.69%

-0.23%

-2.46%

Max Drawdown (3Y)

Largest decline over 3 years

-6.22%

-1.43%

-4.79%

Max Drawdown (5Y)

Largest decline over 5 years

-22.92%

-2.16%

-20.76%

Max Drawdown (10Y)

Largest decline over 10 years

-22.92%

-14.64%

-8.28%

Current Drawdown

Current decline from peak

-1.30%

0.00%

-1.30%

Average Drawdown

Average peak-to-trough decline

-5.51%

-1.83%

-3.68%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.86%

0.04%

+0.82%

Volatility

QIG vs. FLRN - Volatility Comparison

WisdomTree U.S. Corporate Bond Fund (QIG) has a higher volatility of 1.35% compared to SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (FLRN) at 0.15%. This indicates that QIG's price experiences larger fluctuations and is considered to be riskier than FLRN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

QIGFLRNDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.35%

0.15%

+1.20%

Volatility (6M)

Calculated over the trailing 6-month period

3.05%

0.52%

+2.53%

Volatility (1Y)

Calculated over the trailing 1-year period

4.15%

0.68%

+3.47%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

7.14%

1.69%

+5.45%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

7.54%

4.20%

+3.34%

QIG vs. FLRN - Expense Ratio Comparison

QIG has a 0.18% expense ratio, which is higher than FLRN's 0.15% 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

QIG vs. FLRN - Dividend Comparison

QIG's dividend yield for the trailing twelve months is around 4.88%, more than FLRN's 4.51% yield.

PositionTTM20252024202320222021202020192018201720162015
FLRN
SPDR Bloomberg Barclays Investment Grade Floating Rate ETF		4.51%4.89%5.67%5.68%1.95%0.39%1.22%2.76%2.39%1.64%1.06%0.63%
QIG
WisdomTree U.S. Corporate Bond Fund		4.88%4.82%4.67%4.19%4.25%2.50%2.61%3.00%3.27%2.88%2.35%0.00%

Frequently Asked Questions

QIG and FLRN have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

QIG has higher volatility (1.35%) compared to FLRN (0.15%). In terms of maximum drawdown, QIG dropped -22.92% vs FLRN's -14.64%.

On 10-year performance, FLRN leads with 3.03% vs 2.50% for QIG. On fees, FLRN is cheaper at 0.15% per year. On volatility, FLRN has been the lower-risk option at 0.15%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, FLRN has performed better with a 3.03% return vs 2.50%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

FLRN is cheaper with a 0.15% expense ratio, compared with 0.18% for QIG.

QIG has the higher dividend yield at 4.88%, compared with 4.51% for FLRN.

QIG tracks WisdomTree U.S. Quality Corporate Bond Index, while FLRN tracks Bloomberg US Floating Rate Notes (<5 Y). They also come from different issuers: WisdomTree and State Street. Their fees differ too: 0.18% for QIG and 0.15% for FLRN.

FLRN currently has the higher Sharpe Ratio (7.18 vs 1.43), 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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