SHAG vs. FLTR
Compare and contrast key facts about WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund (SHAG) and VanEck Vectors Investment Grade Floating Rate ETF (FLTR).
SHAG and FLTR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SHAG is a passively managed fund by WisdomTree that tracks the performance of the Bloomberg U.S. Short Aggregate Enhanced Yield Index. It was launched on May 18, 2017. 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. Both SHAG and FLTR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SHAG or FLTR.
Correlation
The correlation between SHAG and FLTR is 0.18, 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
SHAG vs. FLTR - Performance Comparison
Key characteristics
SHAG:
3.20
FLTR:
2.33
SHAG:
5.38
FLTR:
2.71
SHAG:
1.67
FLTR:
1.99
SHAG:
1.90
FLTR:
2.82
SHAG:
14.79
FLTR:
20.56
SHAG:
0.46%
FLTR:
0.26%
SHAG:
2.11%
FLTR:
2.34%
SHAG:
-9.62%
FLTR:
-17.84%
SHAG:
-0.08%
FLTR:
-0.28%
Returns By Period
In the year-to-date period, SHAG achieves a 2.19% return, which is significantly higher than FLTR's 0.93% return.
SHAG
2.19%
0.56%
2.67%
6.87%
1.23%
N/A
FLTR
0.93%
-0.22%
2.13%
5.31%
4.12%
2.90%
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SHAG vs. FLTR - Expense Ratio Comparison
SHAG has a 0.12% expense ratio, which is lower than FLTR's 0.14% 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%.
Risk-Adjusted Performance
SHAG vs. FLTR — Risk-Adjusted Performance Rank
SHAG
FLTR
SHAG vs. FLTR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund (SHAG) and VanEck Vectors Investment Grade Floating Rate ETF (FLTR). 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.
Dividends
SHAG vs. FLTR - Dividend Comparison
SHAG's dividend yield for the trailing twelve months is around 4.72%, less than FLTR's 5.58% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHAG WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund | 4.72% | 4.49% | 3.04% | 1.38% | 0.92% | 2.33% | 2.71% | 2.56% | 1.26% | 0.00% | 0.00% | 0.00% |
FLTR VanEck Vectors Investment Grade Floating Rate ETF | 5.58% | 5.93% | 6.08% | 2.30% | 0.63% | 1.49% | 3.05% | 2.67% | 1.69% | 1.16% | 0.71% | 0.66% |
Drawdowns
SHAG vs. FLTR - Drawdown Comparison
The maximum SHAG drawdown since its inception was -9.62%, smaller than the maximum FLTR drawdown of -17.84%. Use the drawdown chart below to compare losses from any high point for SHAG and FLTR. For additional features, visit the drawdowns tool.
Volatility
SHAG vs. FLTR - Volatility Comparison
The current volatility for WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund (SHAG) is 0.87%, while VanEck Vectors Investment Grade Floating Rate ETF (FLTR) has a volatility of 2.18%. This indicates that SHAG experiences smaller price fluctuations and is considered to be less risky than FLTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.