FLOT vs SPAB

Comparison between ISHARES FLOATING RATE BOND ETF (FLOT, ETF) and SPDR(R) PORTFOLIO AGGREGATE BOND ETF (SPAB, ETF).

5-Year PerformanceFLOT has outperformed SPAB, delivering a return of +4.1% compared to +0.2%

FLOT vs SPAB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FLOT(ETF)	SPAB(ETF)
Net Assets	$9.30B	$9.30B
Expense Ratio	0.15%	0.03%
Max Drawdown	13.68%	24.08%
Sharpe Ratio	1.73	0.35
5Y Beta	0.06	0.03
5Y Dividends CAGR	42.63%	9.42%

Net Assets

FLOT

$9.30B

SPAB

$9.30B

Expense Ratio

FLOT

0.15%

Winner

SPAB

0.03%

Max Drawdown

Winner

FLOT

13.68%

SPAB

24.08%

Sharpe Ratio

Winner

FLOT

1.73

SPAB

0.35

5Y Beta

FLOT

0.06

Winner

SPAB

0.03

5Y Dividends CAGR

Winner

FLOT

42.63%

SPAB

9.42%

FLOT vs SPAB - Historical Returns

Returns include dividend reinvestment.

Period	FLOT	SPAB
1 month	+0.45%	+0.07%
3 months	+0.95%	+0.03%
6 months	+2.20%	+0.92%
1 year	+5.00%	+5.56%
5 years(CAGR)	+4.14%	+0.16%
10 years(CAGR)	+3.00%	+1.60%
Max(CAGR)	+2.27%	+3.12%

Winner

FLOT

+0.45%

SPAB

+0.07%

Winner

FLOT

+0.95%

SPAB

+0.03%

Winner

FLOT

+2.20%

SPAB

+0.92%

FLOT

+5.00%

Winner

SPAB

+5.56%

5Y(CAGR)

Winner

FLOT

+4.14%

SPAB

+0.16%

10Y(CAGR)

Winner

FLOT

+3.00%

SPAB

+1.60%

Max(CAGR)

FLOT

+2.27%

Winner

SPAB

+3.12%

FLOT vs SPAB - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	FLOT	SPAB
2026	+1.45%	+0.66%
2025	+4.87%	+7.16%
2024	+6.48%	+1.68%
2023	+6.39%	+5.02%
2022	+1.33%	-12.57%
2021	+0.41%	-1.71%
2020	+0.85%	+7.17%
2019	+4.05%	+8.55%
2018	+1.38%	-0.04%
2017	+1.59%	+3.66%
2016	+1.58%	+2.28%
2015	+0.43%	+0.06%
2014	+0.08%	+5.94%
2013	+0.75%	-2.08%
2012	+4.19%	+4.23%
2011	-1.77%	+7.94%
2010	N/A	+6.30%
2009	N/A	+3.94%
2008	N/A	+7.97%
2007	N/A	+5.46%

FLOT vs SPAB Drawdown Comparison

The maximum drawdown for FLOT was -13.54%, occurring on Mar 19, 2020. Recovery took 117 trading sessions.

The maximum drawdown for SPAB was -18.56%, occurring on Oct 20, 2022. This drawdown has not yet recovered.

The current SPAB drawdown is -1.96%.

Rank	FLOT	SPAB
#1	-13.54% Feb 19, 2020 - Aug 5, 2020	-18.56% Aug 4, 2020 - Oct 20, 2022
#2	-2.64% Jul 8, 2011 - Feb 24, 2012	-13.75% Sep 9, 2008 - Nov 10, 2008
#3	-2.36% Mar 8, 2023 - Apr 20, 2023	-9.41% Mar 6, 2020 - May 29, 2020
#4	-1.74% Sep 29, 2021 - Sep 22, 2022	-6.43% Jan 20, 2009 - Aug 13, 2009
#5	-1.57% Apr 2, 2025 - Apr 29, 2025	-5.01% May 1, 2013 - May 7, 2014
#6	-1.07% Nov 12, 2018 - Jan 22, 2019	-4.38% Jul 6, 2016 - Aug 30, 2017
#7	-0.84% Mar 2, 2012 - Jul 6, 2012	-3.71% Nov 4, 2010 - May 5, 2011
#8	-0.64% Nov 1, 2012 - Dec 24, 2012	-3.58% Sep 7, 2017 - Jan 30, 2019
#9	-0.60% Sep 22, 2022 - Nov 1, 2022	-3.47% Mar 17, 2008 - Sep 9, 2008
#10	-0.59% May 19, 2015 - Apr 15, 2016	-3.11% Jan 30, 2015 - Feb 8, 2016
#11	-0.56% Sep 29, 2014 - May 19, 2015	-2.97% Nov 10, 2008 - Nov 25, 2008
#12	-0.44% Jul 31, 2024 - Aug 14, 2024	-2.04% Sep 4, 2019 - Jan 15, 2020
#13	-0.43% Mar 23, 2026 - Apr 7, 2026	-1.82% Dec 18, 2008 - Jan 14, 2009
#14	-0.41% May 24, 2013 - Aug 14, 2013	-1.81% May 30, 2007 - Jul 26, 2007
#15	-0.34% Apr 24, 2023 - Apr 27, 2023	-1.79% Sep 22, 2011 - Dec 16, 2011

Correlation

Correlation between FLOT and SPAB is 0.73 which considered as a strong positive correlation - the stocks tend to move together.

0.73

-101

Dividend Comparison (2007 - 2026)

FLOT vs SPAB dividend yield comparison.

Year	FLOT	SPAB
2026	1.36%	1.33%
2025	4.84%	3.97%
2024	5.82%	3.86%
2023	5.66%	3.34%
2022	2.06%	2.59%
2021	0.43%	2.11%
2020	1.25%	2.43%
2019	2.78%	2.92%
2018	2.41%	2.96%
2017	1.46%	2.67%
2016	0.97%	2.63%
2015	0.53%	2.59%
2014	0.44%	2.43%
2013	0.47%	1.99%
2012	1.01%	2.35%
2011	0.38%	3.44%
2010	0.00%	4.54%
2009	0.00%	5.24%
2008	0.00%	4.40%
2007	0.00%	2.96%