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ETFs

iShares Floating Rate Bond ETF

FLOT
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 14 2011
Expense Ratio
0.15%
Type
US Bonds
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$47,753,081
AUM
$7,284,104,054
Associated Index
Bloomberg US Floating Rate Note < 5 Years Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

XTSLA
BLK CSH FND TREASURY SL AGENCY
2.01%
n/a
INTERNATIONAL BANK FOR RECONSTRUCT MTN
1.20%
n/a
INTERNATIONAL BANK FOR RECONSTRUCT
1.14%
n/a
INTERNATIONAL BANK FOR RECONSTRUCT
1.11%
67LK
Inter-American Development Bank - FR NT REDEEM 16/09/2026 USD 1000
1.11%
67IQ
European Bank For Reconstruction & Development - FR NT REDEEM 14/04/2026 USD 1000
1.09%
n/a
Gldm Sachs Grp Medium Term Notes 2013-29.11.23 Sr Series D Tranche 591 Fltg Rt
0.94%
SU38
Inter-American Development Bank - FR NT REDEEM 12/04/2027 USD 1000
0.94%
n/a
AT&T Notes 2018-12.06.24 Global Floating Rate
0.90%
n/a
Gldm Sachs Grp Medium Term Notes 2018-15.05.26 Global Series N Floating Rate
0.88%
Invest with FLOT

What is FLOT?

The iShares Floating Rate Note Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Bloomberg US Floating Rate Note < 5 Years Index.

ETFs related toFLOT

ETFs correlated to FLOT include FLRN, FLTR, VRIG

FLOT
BlackRock Institutional Trust Company N.A. - iShares Floating Rate Bond ETF
FLRN
SPDR Series Trust - SPDR Bloomberg Investment Grade Floating Rate ETF
FLTR
VanEck ETF Trust - VanEck IG Floating Rate ETF
VRIG
Invesco Capital Management LLC - Invesco Variable Rate Investment Grade ETF
FPEI
First Trust Exchange-Traded Fund III - First Trust Institutional Preferred Securities and Income ETF
FPE
First Trust Exchange-Traded Fund III - First Trust Preferred Securities and Income ETF
AUGW
AIM ETF Products Trust - AllianzIM U.S. Large Cap Buffer20 Aug ETF
VRP
Invesco Capital Management LLC - Invesco Variable Rate Preferred ETF
GJUL
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - July
HYGH
BlackRock Institutional Trust Company N.A. - iShares Interest Rate Hedged High Yield Bond ETF
PREF
Principal Exchange-Traded Funds - Principal Spectrum Preferred Securities Active ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toFLOT

#BTD

Buy the Dips: Nasdaq 100

Category

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Risk Rating

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SPY minimum drawdown

Category

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Risk Rating

Aggressive

Create your own algorithmic trading strategy with FLOT using Composer

FAQ

FLOT is a US Bonds ETF. The iShares Floating Rate Note Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Bloomberg US Floating Rate Note < 5 Years Index.

FLOT tracks the Bloomberg US Floating Rate Note < 5 Years Index.

No, FLOT is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, FLOT is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FLOT is 0.0062%. This is the percent change in the value of FLOT over the most recent 1-month period. The 3-month return on FLOT is 0.0156%. This is the percent change in the value of FLOT over the most recent 3-month period.

The standard deviation of FLOT for the past year is 0.0307%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to FLOT include GVI, BLV, and BSV.

ETFs correlated to FLOT include FLRN, FLTR, and VRIG.

ETFs that are inversely correlated to FLOT include OBIL, XBIL, and XONE.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.