VUBFX vs. FLRN
Compare and contrast key facts about Vanguard Ultra-Short-Term Bond Fund Investor Shares (VUBFX) and SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (FLRN).
VUBFX is managed by Vanguard. It was launched on Feb 24, 2015. FLRN is a passively managed fund by State Street that tracks the performance of the Bloomberg US Floating Rate Notes (<5 Y). It was launched on Nov 30, 2011.
Performance
VUBFX vs. FLRN - Performance Comparison
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VUBFX vs. FLRN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VUBFX Vanguard Ultra-Short-Term Bond Fund Investor Shares | 0.59% | 5.04% | 5.99% | 5.43% | -0.53% | 0.03% | 1.95% | 3.34% | 1.94% | 1.23% |
FLRN SPDR Bloomberg Barclays Investment Grade Floating Rate ETF | 0.84% | 5.01% | 6.32% | 6.54% | 1.31% | 0.39% | 0.77% | 4.02% | 1.39% | 1.81% |
Returns By Period
In the year-to-date period, VUBFX achieves a 0.59% return, which is significantly lower than FLRN's 0.84% return. Over the past 10 years, VUBFX has underperformed FLRN with an annualized return of 2.56%, while FLRN has yielded a comparatively higher 2.99% annualized return.
VUBFX
- 1D
- 0.10%
- 1M
- -0.06%
- YTD
- 0.59%
- 6M
- 1.72%
- 1Y
- 4.31%
- 3Y*
- 5.24%
- 5Y*
- 3.26%
- 10Y*
- 2.56%
FLRN
- 1D
- 0.16%
- 1M
- 0.13%
- YTD
- 0.84%
- 6M
- 1.99%
- 1Y
- 4.67%
- 3Y*
- 5.88%
- 5Y*
- 4.00%
- 10Y*
- 2.99%
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VUBFX vs. FLRN - Expense Ratio Comparison
VUBFX has a 0.20% 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%.
Return for Risk
VUBFX vs. FLRN — Risk / Return Rank
VUBFX
FLRN
VUBFX vs. FLRN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Ultra-Short-Term Bond Fund Investor Shares (VUBFX) 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.
| VUBFX | FLRN | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 5.20 | 2.58 | +2.62 |
Sortino ratioReturn per unit of downside risk | 10.21 | 3.22 | +6.99 |
Omega ratioGain probability vs. loss probability | 3.61 | 2.10 | +1.51 |
Calmar ratioReturn relative to maximum drawdown | 14.81 | 3.21 | +11.60 |
Martin ratioReturn relative to average drawdown | 67.09 | 26.30 | +40.78 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VUBFX | FLRN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 5.20 | 2.58 | +2.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 3.34 | 2.39 | +0.95 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 3.07 | 0.71 | +2.36 |
Sharpe Ratio (All Time)Calculated using the full available price history | 3.06 | 0.49 | +2.57 |
Correlation
The correlation between VUBFX and FLRN is 0.04, 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.
Dividends
VUBFX vs. FLRN - Dividend Comparison
VUBFX's dividend yield for the trailing twelve months is around 4.12%, less than FLRN's 4.69% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VUBFX Vanguard Ultra-Short-Term Bond Fund Investor Shares | 4.12% | 4.62% | 5.42% | 4.06% | 1.28% | 0.43% | 1.52% | 2.58% | 2.13% | 1.43% | 0.98% | 0.00% |
FLRN SPDR Bloomberg Barclays Investment Grade Floating Rate ETF | 4.69% | 4.89% | 5.67% | 5.68% | 1.95% | 0.39% | 1.22% | 2.76% | 2.39% | 1.64% | 1.06% | 0.63% |
Drawdowns
VUBFX vs. FLRN - Drawdown Comparison
The maximum VUBFX drawdown since its inception was -1.86%, smaller than the maximum FLRN drawdown of -14.64%. Use the drawdown chart below to compare losses from any high point for VUBFX and FLRN.
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Drawdown Indicators
| VUBFX | FLRN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.86% | -14.64% | +12.78% |
Max Drawdown (1Y)Largest decline over 1 year | -0.30% | -1.43% | +1.13% |
Max Drawdown (5Y)Largest decline over 5 years | -1.86% | -2.16% | +0.30% |
Max Drawdown (10Y)Largest decline over 10 years | -1.86% | -14.64% | +12.78% |
Current DrawdownCurrent decline from peak | -0.10% | 0.00% | -0.10% |
Average DrawdownAverage peak-to-trough decline | -0.17% | -1.85% | +1.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.07% | 0.17% | -0.10% |
Volatility
VUBFX vs. FLRN - Volatility Comparison
The current volatility for Vanguard Ultra-Short-Term Bond Fund Investor Shares (VUBFX) is 0.34%, while SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (FLRN) has a volatility of 0.37%. This indicates that VUBFX experiences smaller price fluctuations and is considered to be less risky 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
| VUBFX | FLRN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.34% | 0.37% | -0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 0.55% | 0.54% | +0.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.84% | 1.82% | -0.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.98% | 1.69% | -0.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.84% | 4.21% | -3.37% |