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TFLO vs. SHV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TFLO and SHV 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.


-0.50.00.51.0
Correlation: 0.2

Performance

TFLO vs. SHV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Treasury Floating Rate Bond ETF (TFLO) and iShares Short Treasury Bond ETF (SHV). The values are adjusted to include any dividend payments, if applicable.

17.00%18.00%19.00%20.00%21.00%NovemberDecember2025FebruaryMarchApril
20.99%
18.96%
TFLO
SHV

Key characteristics

Sharpe Ratio

TFLO:

15.92

SHV:

10.95

Sortino Ratio

TFLO:

58.42

SHV:

13.71

Omega Ratio

TFLO:

14.49

SHV:

13.06

Calmar Ratio

TFLO:

196.49

SHV:

14.05

Martin Ratio

TFLO:

905.63

SHV:

222.60

Ulcer Index

TFLO:

0.01%

SHV:

0.02%

Daily Std Dev

TFLO:

0.32%

SHV:

0.42%

Max Drawdown

TFLO:

-5.01%

SHV:

-0.46%

Current Drawdown

TFLO:

0.00%

SHV:

-0.33%

Returns By Period

In the year-to-date period, TFLO achieves a 1.08% return, which is significantly higher than SHV's 0.68% return. Over the past 10 years, TFLO has outperformed SHV with an annualized return of 2.02%, while SHV has yielded a comparatively lower 1.75% annualized return.


TFLO

YTD

1.08%

1M

0.33%

6M

2.38%

1Y

5.01%

5Y*

2.70%

10Y*

2.02%

SHV

YTD

0.68%

1M

0.01%

6M

1.80%

1Y

4.57%

5Y*

2.32%

10Y*

1.75%

*Annualized

Compare stocks, funds, or ETFs

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


TFLO vs. SHV - Expense Ratio Comparison

Both TFLO and SHV have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


TFLO
iShares Treasury Floating Rate Bond ETF
Expense ratio chart for TFLO: current value is 0.15%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
TFLO: 0.15%
Expense ratio chart for SHV: current value is 0.15%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SHV: 0.15%

Risk-Adjusted Performance

TFLO vs. SHV — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TFLO
The Risk-Adjusted Performance Rank of TFLO is 100100
Overall Rank
The Sharpe Ratio Rank of TFLO is 100100
Sharpe Ratio Rank
The Sortino Ratio Rank of TFLO is 100100
Sortino Ratio Rank
The Omega Ratio Rank of TFLO is 100100
Omega Ratio Rank
The Calmar Ratio Rank of TFLO is 100100
Calmar Ratio Rank
The Martin Ratio Rank of TFLO is 100100
Martin Ratio Rank

SHV
The Risk-Adjusted Performance Rank of SHV is 9999
Overall Rank
The Sharpe Ratio Rank of SHV is 100100
Sharpe Ratio Rank
The Sortino Ratio Rank of SHV is 9999
Sortino Ratio Rank
The Omega Ratio Rank of SHV is 100100
Omega Ratio Rank
The Calmar Ratio Rank of SHV is 9999
Calmar Ratio Rank
The Martin Ratio Rank of SHV is 9999
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

TFLO vs. SHV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Treasury Floating Rate Bond ETF (TFLO) and iShares Short Treasury Bond ETF (SHV). 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.


Sharpe ratio
The chart of Sharpe ratio for TFLO, currently valued at 15.92, compared to the broader market-1.000.001.002.003.004.005.00
TFLO: 15.92
SHV: 10.95
The chart of Sortino ratio for TFLO, currently valued at 58.42, compared to the broader market-2.000.002.004.006.008.0010.00
TFLO: 58.42
SHV: 13.71
The chart of Omega ratio for TFLO, currently valued at 14.49, compared to the broader market0.501.001.502.002.503.00
TFLO: 14.49
SHV: 13.06
The chart of Calmar ratio for TFLO, currently valued at 196.49, compared to the broader market0.005.0010.0015.00
TFLO: 196.49
SHV: 14.05
The chart of Martin ratio for TFLO, currently valued at 905.63, compared to the broader market0.0020.0040.0060.0080.00100.00
TFLO: 905.63
SHV: 222.60

The current TFLO Sharpe Ratio is 15.92, which is higher than the SHV Sharpe Ratio of 10.95. The chart below compares the historical Sharpe Ratios of TFLO and SHV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio10.0012.0014.0016.0018.0020.0022.00NovemberDecember2025FebruaryMarchApril
15.92
10.95
TFLO
SHV

Dividends

TFLO vs. SHV - Dividend Comparison

TFLO's dividend yield for the trailing twelve months is around 4.80%, more than SHV's 4.44% yield.


TTM20242023202220212020201920182017201620152014
TFLO
iShares Treasury Floating Rate Bond ETF
4.80%5.21%4.89%1.67%0.00%0.36%2.08%1.65%0.86%0.30%0.15%0.08%
SHV
iShares Short Treasury Bond ETF
4.44%5.02%4.73%1.39%0.00%0.74%2.19%1.66%0.72%0.34%0.03%0.00%

Drawdowns

TFLO vs. SHV - Drawdown Comparison

The maximum TFLO drawdown since its inception was -5.01%, which is greater than SHV's maximum drawdown of -0.46%. Use the drawdown chart below to compare losses from any high point for TFLO and SHV. For additional features, visit the drawdowns tool.


-0.35%-0.30%-0.25%-0.20%-0.15%-0.10%-0.05%0.00%NovemberDecember2025FebruaryMarchApril0
-0.33%
TFLO
SHV

Volatility

TFLO vs. SHV - Volatility Comparison

The current volatility for iShares Treasury Floating Rate Bond ETF (TFLO) is 0.08%, while iShares Short Treasury Bond ETF (SHV) has a volatility of 0.35%. This indicates that TFLO experiences smaller price fluctuations and is considered to be less risky than SHV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%0.10%0.20%0.30%0.40%NovemberDecember2025FebruaryMarchApril
0.08%
0.35%
TFLO
SHV
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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