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YEAR vs. FLOT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between YEAR and FLOT is 0.10, 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.


Performance

YEAR vs. FLOT - Performance Comparison

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

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Key characteristics

Sharpe Ratio

YEAR:

5.03

FLOT:

2.43

Sortino Ratio

YEAR:

9.61

FLOT:

3.06

Omega Ratio

YEAR:

2.37

FLOT:

2.18

Calmar Ratio

YEAR:

13.77

FLOT:

3.31

Martin Ratio

YEAR:

76.37

FLOT:

25.90

Ulcer Index

YEAR:

0.07%

FLOT:

0.20%

Daily Std Dev

YEAR:

1.04%

FLOT:

2.14%

Max Drawdown

YEAR:

-0.61%

FLOT:

-13.54%

Current Drawdown

YEAR:

-0.16%

FLOT:

0.00%

Returns By Period

In the year-to-date period, YEAR achieves a 1.66% return, which is significantly higher than FLOT's 1.37% return.


YEAR

YTD

1.66%

1M

0.42%

6M

2.33%

1Y

5.27%

5Y*

N/A

10Y*

N/A

FLOT

YTD

1.37%

1M

1.23%

6M

2.14%

1Y

5.16%

5Y*

3.59%

10Y*

2.54%

*Annualized

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YEAR vs. FLOT - Expense Ratio Comparison

YEAR has a 0.25% expense ratio, which is higher than FLOT's 0.20% 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%.


Risk-Adjusted Performance

YEAR vs. FLOT — Risk-Adjusted Performance Rank

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

YEAR
The Risk-Adjusted Performance Rank of YEAR is 9999
Overall Rank
The Sharpe Ratio Rank of YEAR is 9999
Sharpe Ratio Rank
The Sortino Ratio Rank of YEAR is 9999
Sortino Ratio Rank
The Omega Ratio Rank of YEAR is 9999
Omega Ratio Rank
The Calmar Ratio Rank of YEAR is 9999
Calmar Ratio Rank
The Martin Ratio Rank of YEAR is 9999
Martin Ratio Rank

FLOT
The Risk-Adjusted Performance Rank of FLOT is 9797
Overall Rank
The Sharpe Ratio Rank of FLOT is 9797
Sharpe Ratio Rank
The Sortino Ratio Rank of FLOT is 9696
Sortino Ratio Rank
The Omega Ratio Rank of FLOT is 9999
Omega Ratio Rank
The Calmar Ratio Rank of FLOT is 9797
Calmar Ratio Rank
The Martin Ratio Rank of FLOT is 9898
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.

YEAR vs. FLOT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for AB Ultra Short Income ETF (YEAR) 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.


The current YEAR Sharpe Ratio is 5.03, which is higher than the FLOT Sharpe Ratio of 2.43. The chart below compares the historical Sharpe Ratios of YEAR and FLOT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

YEAR vs. FLOT - Dividend Comparison

YEAR has not paid dividends to shareholders, while FLOT's dividend yield for the trailing twelve months is around 5.45%.


TTM20242023202220212020201920182017201620152014
YEAR
AB Ultra Short Income 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%
FLOT
iShares Floating Rate Bond ETF
5.45%5.82%5.66%2.06%0.43%1.25%2.78%2.41%1.45%0.97%0.53%0.44%

Drawdowns

YEAR vs. FLOT - Drawdown Comparison

The maximum YEAR drawdown since its inception was -0.61%, smaller than the maximum FLOT drawdown of -13.54%. Use the drawdown chart below to compare losses from any high point for YEAR and FLOT. For additional features, visit the drawdowns tool.


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Volatility

YEAR vs. FLOT - Volatility Comparison

The current volatility for AB Ultra Short Income ETF (YEAR) is 0.37%, while iShares Floating Rate Bond ETF (FLOT) has a volatility of 0.89%. This indicates that YEAR experiences smaller price fluctuations and is considered to be less risky than FLOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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