TGB vs. FLTR

Last updated Jul 16, 2026

TGB (Taseko Mines Limited) is a stock, while FLTR (VanEck IG Floating Rate ETF) is Corporate Bonds fund tracking the MVIS US Investment Grade Floating Rate Index. Over the past 10 years, TGB returned 28.23%/yr vs 3.53%/yr for FLTR. At a 0.08 correlation, their price movements are largely independent.

Performance

TGB vs. FLTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Taseko Mines Limited (TGB) and VanEck IG Floating Rate ETF (FLTR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TGB achieves a 31.45% return, which is significantly higher than FLTR's 2.50% return. Over the past 10 years, TGB has outperformed FLTR with an annualized return of 28.23%, while FLTR has yielded a comparatively lower 3.53% annualized return.

TGB

• 1D: -6.65%
• 1M: -4.12%
• 6M: 2.06%
• YTD: 31.45%
• 1Y: 111.97%
• 3Y*: 71.69%
• 5Y*: 33.57%
• 10Y*: 28.23%

FLTR

• 1D: 0.04%
• 1M: 0.30%
• 6M: 2.38%
• YTD: 2.50%
• 1Y: 5.13%
• 3Y*: 6.10%
• 5Y*: 4.59%
• 10Y*: 3.53%

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

TGB vs. FLTR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TGB Taseko Mines Limited	31.45%	191.75%	38.57%	-4.76%	-28.29%	55.30%	175.00%	1.48%	-79.70%	173.38%
FLTR VanEck IG Floating Rate ETF	2.50%	5.22%	7.38%	7.41%	0.74%	0.55%	1.44%	5.70%	0.30%	2.80%

Correlation

The correlation between TGB and FLTR is 0.05, 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	0.05
Correlation (3Y) Calculated over the trailing 3-year period	0.04
Correlation (5Y) Calculated over the trailing 5-year period	0.12
Correlation (10Y) Calculated over the trailing 10-year period	0.11
Correlation (All Time) Calculated using the full available price history since Apr 26, 2011	0.08

Return for Risk

TGB vs. FLTR — Risk / Return Rank

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

TGB

TGB Risk / Return Rank: 86
TGB Sharpe Ratio Rank: 88
TGB Sortino Ratio Rank: 83
TGB Omega Ratio Rank: 82
TGB Calmar Ratio Rank: 87
TGB Martin Ratio Rank: 87

FLTR

FLTR Risk / Return Rank: 99
FLTR Sharpe Ratio Rank: 99
FLTR Sortino Ratio Rank: 99
FLTR Omega Ratio Rank: 99
FLTR Calmar Ratio Rank: 99
FLTR Martin Ratio Rank: 99

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.

TGB vs. FLTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Taseko Mines Limited (TGB) and VanEck IG 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.

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.

	TGB	FLTR	Difference
Sharpe ratio: Return per unit of total volatility	1.69	6.42	-4.73
Sortino ratio: Return per unit of downside risk	2.24	11.74	-9.50
Omega ratio: Gain probability vs. loss probability	1.28	2.96	-1.68
Calmar ratio: Return relative to maximum drawdown	3.17	16.41	-13.24
Martin ratio: Return relative to average drawdown	7.90	95.78	-87.88

TGB vs. FLTR - Sharpe Ratio Comparison

The current TGB Sharpe Ratio is 1.69, which is lower than the FLTR Sharpe Ratio of 6.42. The chart below compares the historical Sharpe Ratios of TGB 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.

Drawdowns

TGB vs. FLTR - Drawdown Comparison

The maximum TGB drawdown since its inception was -98.58%, which is greater than FLTR's maximum drawdown of -17.84%. Use the drawdown chart below to compare losses from any high point for TGB and FLTR.

Drawdown Indicators

	TGB	FLTR	Difference
Max Drawdown Largest peak-to-trough decline	-98.58%	-17.84%	-80.74%
Max Drawdown (1Y) Largest decline over 1 year	-35.47%	-0.31%	-35.16%
Max Drawdown (3Y) Largest decline over 3 years	-44.26%	-1.93%	-42.33%
Max Drawdown (5Y) Largest decline over 5 years	-61.92%	-3.06%	-58.86%
Max Drawdown (10Y) Largest decline over 10 years	-90.76%	-17.84%	-72.92%
Current Drawdown Current decline from peak	-45.89%	-0.04%	-45.85%
Average Drawdown Average peak-to-trough decline	-81.27%	-0.67%	-80.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.36%	0.05%	+14.31%

Volatility

TGB vs. FLTR - Volatility Comparison

Taseko Mines Limited (TGB) has a higher volatility of 23.52% compared to VanEck IG Floating Rate ETF (FLTR) at 0.26%. This indicates that TGB'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.

Volatility by Period

	TGB	FLTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.52%	0.26%	+23.26%
Volatility (6M) Calculated over the trailing 6-month period	55.35%	0.65%	+54.70%
Volatility (1Y) Calculated over the trailing 1-year period	66.76%	0.80%	+65.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	63.34%	2.13%	+61.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	66.05%	5.00%	+61.05%

Dividends

TGB vs. FLTR - Dividend Comparison

TGB has not paid dividends to shareholders, while FLTR's dividend yield for the trailing twelve months is around 4.64%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FLTR VanEck IG Floating Rate ETF	4.64%	4.97%	5.93%	6.07%	2.29%	0.63%	1.49%	3.05%	2.67%	1.69%	1.16%	0.71%
TGB Taseko Mines Limited	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TGB and FLTR in my portfolio?

TGB and FLTR have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TGB or FLTR?

TGB has higher volatility (23.52%) compared to FLTR (0.26%). In terms of maximum drawdown, TGB dropped -98.58% vs FLTR's -17.84%.

Which has better risk-adjusted returns?

FLTR currently has the higher Sharpe Ratio (6.42 vs 1.69), 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.