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TDTT vs. FLTR
Performance
Return for Risk
Drawdowns
Volatility
Dividends

TDTT vs. FLTR

Last updated Jun 4, 2026

TDTT (FlexShares iBoxx 3-Year Target Duration TIPS Index Fund) and FLTR (VanEck Vectors Investment Grade Floating Rate ETF) are both exchange-traded funds - TDTT is a Inflation-Protected Bonds fund tracking the iBoxx 3-Year Target Duration TIPS, while FLTR is a Corporate Bonds fund tracking the MVIS US Investment Grade Floating Rate Index. Both are passively managed. Over the past 10 years, TDTT returned 3.11%/yr vs 3.51%/yr for FLTR. At a 0.03 correlation, their price movements are largely independent. TDTT charges 0.18%/yr vs 0.14%/yr for FLTR.

Performance

TDTT vs. FLTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) and VanEck Vectors Investment Grade Floating Rate ETF (FLTR). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, TDTT achieves a 1.81% return, which is significantly lower than FLTR's 1.91% return. Over the past 10 years, TDTT has underperformed FLTR with an annualized return of 3.11%, while FLTR has yielded a comparatively higher 3.51% annualized return.

TDTT

1D
0.00%
1M
-0.06%
YTD
1.81%
6M
1.77%
1Y
4.65%
3Y*
5.00%
5Y*
2.85%
10Y*
3.11%

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

TDTT vs. FLTR - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
TDTT
FlexShares iBoxx 3-Year Target Duration TIPS Index Fund		1.81%6.67%3.96%4.40%-4.58%5.49%6.84%5.74%0.25%0.43%
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%

Correlation

The correlation between TDTT and FLTR is 0.04, 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 (1Y)
Calculated over the trailing 1-year period

0.04

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

0.01

Correlation (5Y)
Calculated over the trailing 5-year period

0.00

Correlation (10Y)
Calculated over the trailing 10-year period

0.03

Correlation (All Time)
Calculated using the full available price history since Sep 26, 2011

0.03

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

FlexShares iBoxx 3-Year Target Duration TIPS Index Fund

VanEck Vectors Investment Grade Floating Rate ETF

Often compared with TDTT:
TDTT vs. STIPTDTT vs. TLTETDTT vs. SPIPTDTT vs. BKLNTDTT vs. IQDFTDTT vs. VTIPTDTT vs. TIPZ
Often compared with FLTR:
FLTR vs. FLOTFLTR vs. SGOVFLTR vs. VRIGFLTR vs. ICSHFLTR vs. JBBBFLTR vs. USFRFLTR vs. EMNT

Return for Risk

TDTT vs. FLTR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
TDTT
TDTT Risk / Return Rank: 8484
Overall Rank
TDTT Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
TDTT Sortino Ratio Rank: 9090
Sortino Ratio Rank
TDTT Omega Ratio Rank: 8484
Omega Ratio Rank
TDTT Calmar Ratio Rank: 8888
Calmar Ratio Rank
TDTT Martin Ratio Rank: 8282
Martin Ratio Rank
FLTR
FLTR Risk / Return Rank: 9999
Overall Rank
FLTR Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
FLTR Sortino Ratio Rank: 9999
Sortino Ratio Rank
FLTR Omega Ratio Rank: 9999
Omega Ratio Rank
FLTR Calmar Ratio Rank: 9898
Calmar Ratio Rank
FLTR 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.

TDTT vs. FLTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) 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.

TDTTFLTRDifference

Sharpe ratio

Return per unit of total volatility

2.54

6.77

-4.23

Sortino ratio

Return per unit of downside risk

4.20

12.78

-8.57

Omega ratio

Gain probability vs. loss probability

1.51

3.15

-1.63

Calmar ratio

Return relative to maximum drawdown

5.17

16.96

-11.79

Martin ratio

Return relative to average drawdown

16.59

101.23

-84.63

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

TDTT vs. FLTR - Sharpe Ratio Comparison

The current TDTT Sharpe Ratio is 2.54, which is lower than the FLTR Sharpe Ratio of 6.77. The chart below compares the historical Sharpe Ratios of TDTT and FLTR, 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

TDTTFLTRDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.54

6.77

-4.23

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.78

2.11

-1.33

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.92

0.70

+0.22

Sharpe Ratio (All Time)

Calculated using the full available price history

0.69

0.53

+0.17

Drawdowns

TDTT vs. FLTR - Drawdown Comparison

The maximum TDTT drawdown since its inception was -6.97%, smaller than the maximum FLTR drawdown of -17.84%. Use the drawdown chart below to compare losses from any high point for TDTT and FLTR.

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Drawdown Indicators

TDTTFLTRDifference

Max Drawdown

Largest peak-to-trough decline

-6.97%

-17.84%

+10.87%

Max Drawdown (1Y)

Largest decline over 1 year

-0.90%

-0.31%

-0.59%

Max Drawdown (3Y)

Largest decline over 3 years

-1.53%

-1.93%

+0.40%

Max Drawdown (5Y)

Largest decline over 5 years

-6.97%

-3.06%

-3.91%

Max Drawdown (10Y)

Largest decline over 10 years

-6.97%

-17.84%

+10.87%

Current Drawdown

Current decline from peak

-0.14%

-0.04%

-0.10%

Average Drawdown

Average peak-to-trough decline

-1.60%

-0.67%

-0.93%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.28%

0.05%

+0.23%

Volatility

TDTT vs. FLTR - Volatility Comparison

FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) has a higher volatility of 0.46% compared to VanEck Vectors Investment Grade Floating Rate ETF (FLTR) at 0.25%. This indicates that TDTT's price experiences larger fluctuations and is considered to be riskier than FLTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

TDTTFLTRDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.46%

0.25%

+0.21%

Volatility (6M)

Calculated over the trailing 6-month period

1.21%

0.62%

+0.59%

Volatility (1Y)

Calculated over the trailing 1-year period

1.85%

0.79%

+1.06%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

3.67%

2.13%

+1.54%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

3.38%

5.00%

-1.62%

TDTT vs. FLTR - Expense Ratio Comparison

TDTT has a 0.18% expense ratio, which is higher than FLTR's 0.14% 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

TDTT vs. FLTR - Dividend Comparison

TDTT's dividend yield for the trailing twelve months is around 4.54%, less than FLTR's 4.73% yield.

PositionTTM20252024202320222021202020192018201720162015
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%
TDTT
FlexShares iBoxx 3-Year Target Duration TIPS Index Fund		4.54%4.52%4.01%3.88%6.97%4.53%1.15%1.91%2.48%1.88%1.01%0.00%

Frequently Asked Questions

TDTT and FLTR have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

TDTT has higher volatility (0.46%) compared to FLTR (0.25%). In terms of maximum drawdown, TDTT dropped -6.97% vs FLTR's -17.84%.

On 10-year performance, FLTR leads with 3.51% vs 3.11% for TDTT. On fees, FLTR is cheaper at 0.14% 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 3.11%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

FLTR is cheaper with a 0.14% expense ratio, compared with 0.18% for TDTT.

FLTR has the higher dividend yield at 4.73%, compared with 4.54% for TDTT.

TDTT is categorized as Inflation-Protected Bonds, while FLTR is Corporate Bonds. TDTT tracks iBoxx 3-Year Target Duration TIPS, while FLTR tracks MVIS US Investment Grade Floating Rate Index. They also come from different issuers: Northern Trust and VanEck. Their fees differ too: 0.18% for TDTT and 0.14% for FLTR.

FLTR currently has the higher Sharpe Ratio (6.77 vs 2.54), 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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