XBOX vs. FLOT
XBOX (Roundhill Ultra Short Duration No Dividend Target ETF) and FLOT (iShares Floating Rate Bond ETF) are both Ultrashort Bond funds. XBOX is actively managed, while FLOT is passively managed. At a correlation of -0.08, they often move in opposite directions. XBOX charges 0.14%/yr vs 0.15%/yr for FLOT.
Performance
XBOX vs. FLOT - Performance Comparison
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Returns By Period
XBOX
- 1D
- 0.00%
- 1M
- 0.32%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
FLOT
- 1D
- 0.02%
- 1M
- 0.32%
- 6M
- 2.13%
- YTD
- 2.33%
- 1Y
- 4.55%
- 3Y*
- 5.52%
- 5Y*
- 4.29%
- 10Y*
- 3.06%
- ALL TIME*
- 2.30%
XBOX vs. FLOT - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
XBOX Roundhill Ultra Short Duration No Dividend Target ETF | 1.29% |
FLOT iShares Floating Rate Bond ETF | 1.66% |
Correlation
The correlation between XBOX and FLOT is -0.08, 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 (All Time) Calculated using the full available price history since Mar 18, 2026 | -0.08 |
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Return for Risk
XBOX vs. FLOT — Risk / Return Rank
XBOX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FLOT
XBOX vs. FLOT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill Ultra Short Duration No Dividend Target ETF (XBOX) and iShares Floating Rate Bond ETF (FLOT). 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.
| XBOX | FLOT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 3.01 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 10.59 | — |
| Martin ratioReturn relative to average drawdown | — | 97.91 | — |
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Drawdowns
XBOX vs. FLOT - Drawdown Comparison
The maximum XBOX drawdown since its inception was -0.83%, smaller than the maximum FLOT drawdown of -13.54%. Use the drawdown chart below to compare losses from any high point for XBOX and FLOT.
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Drawdown Indicators
| XBOX | FLOT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.83% | -13.54% | +12.71% |
Max Drawdown (1Y)Largest decline over 1 year | — | -0.43% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -1.57% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -2.36% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -13.54% | — |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -0.08% | -0.21% | +0.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.05% | — |
Volatility
XBOX vs. FLOT - Volatility Comparison
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Volatility by Period
| XBOX | FLOT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.14% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 0.63% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 2.04% | 0.75% | +1.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.04% | 1.78% | +0.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.04% | 4.15% | -2.11% |
XBOX vs. FLOT - Expense Ratio Comparison
XBOX has a 0.14% expense ratio, which is lower than FLOT's 0.15% 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%.
Dividends
XBOX vs. FLOT - Dividend Comparison
XBOX has not paid dividends to shareholders, while FLOT's dividend yield for the trailing twelve months is around 4.47%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLOT iShares Floating Rate Bond ETF | 4.47% | 4.84% | 5.82% | 5.66% | 2.06% | 0.43% | 1.25% | 2.78% | 2.41% | 1.46% | 0.97% | 0.53% |
XBOX Roundhill Ultra Short Duration No Dividend Target ETF | 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
XBOX and FLOT have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XBOX is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XBOX is cheaper with a 0.14% expense ratio, compared with 0.15% for FLOT.
FLOT has the higher dividend yield at 4.47%, compared with 0.00% for XBOX.
They also come from different issuers: Roundhill and iShares. Their fees differ too: 0.14% for XBOX and 0.15% for FLOT.
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