FLOT vs SPY

Comparison between ISHARES FLOATING RATE BOND ETF (FLOT, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed FLOT, delivering a return of +13.3% compared to +4.1%

FLOT vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FLOT(ETF)	SPY(ETF)
Net Assets	$9.30B	$652B
Expense Ratio	0.15%	0.09%
Max Drawdown	13.68%	56.47%
Sharpe Ratio	1.73	2.07
5Y Beta	0.06	1.00
P/E Ratio	N/A	28.24
Forward P/E	N/A	21.85
5Y Dividends CAGR	42.63%	5.43%
5Y EPS CAGR	N/A	25.79%
Debt to Equity	N/A	22.35%
P/S Ratio	N/A	3.55
P/B Ratio	N/A	5.29

Net Assets

FLOT

$9.30B

Winner

SPY

$652B

Expense Ratio

FLOT

0.15%

Winner

SPY

0.09%

Max Drawdown

Winner

FLOT

13.68%

SPY

56.47%

Sharpe Ratio

FLOT

1.73

Winner

SPY

2.07

5Y Beta

Winner

FLOT

0.06

SPY

1.00

P/E Ratio

FLOT

N/A

SPY

28.24

Forward P/E

FLOT

N/A

SPY

21.85

5Y Dividends CAGR

Winner

FLOT

42.63%

SPY

5.43%

5Y EPS CAGR

FLOT

N/A

SPY

25.79%

Debt to Equity

FLOT

N/A

SPY

22.35%

P/S Ratio

FLOT

N/A

SPY

3.55

P/B Ratio

FLOT

N/A

SPY

5.29

FLOT vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	FLOT	SPY
1 month	+0.45%	+9.11%
3 months	+0.95%	+6.59%
6 months	+2.20%	+10.56%
1 year	+5.00%	+32.04%
5 years(CAGR)	+4.14%	+13.35%
10 years(CAGR)	+3.00%	+15.49%
Max(CAGR)	+2.27%	+8.50%

FLOT

+0.45%

Winner

SPY

+9.11%

FLOT

+0.95%

Winner

SPY

+6.59%

FLOT

+2.20%

Winner

SPY

+10.56%

FLOT

+5.00%

Winner

SPY

+32.04%

5Y(CAGR)

FLOT

+4.14%

Winner

SPY

+13.35%

10Y(CAGR)

FLOT

+3.00%

Winner

SPY

+15.49%

Max(CAGR)

FLOT

+2.27%

Winner

SPY

+8.50%

FLOT vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	FLOT	SPY
2026	+1.45%	+8.27%
2025	+4.87%	+18.00%
2024	+6.48%	+25.59%
2023	+6.39%	+26.72%
2022	+1.33%	-18.64%
2021	+0.41%	+30.52%
2020	+0.85%	+17.28%
2019	+4.05%	+31.09%
2018	+1.38%	-5.24%
2017	+1.59%	+20.78%
2016	+1.58%	+13.59%
2015	+0.43%	+1.31%
2014	+0.08%	+14.56%
2013	+0.75%	+29.00%
2012	+4.19%	+14.17%
2011	-1.77%	+0.85%
2010	N/A	+13.14%
2009	N/A	+22.67%
2008	N/A	-36.25%
2007	N/A	+5.32%
2006	N/A	+13.85%
2005	N/A	+5.32%
2004	N/A	+10.75%
2003	N/A	+24.18%
2002	N/A	-22.42%
2001	N/A	-10.13%
2000	N/A	-8.84%
1999	N/A	+8.61%

FLOT vs SPY Drawdown Comparison

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

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

Rank	FLOT	SPY
#1	-13.54% Feb 19, 2020 - Aug 5, 2020	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-2.64% Jul 8, 2011 - Feb 24, 2012	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-2.36% Mar 8, 2023 - Apr 20, 2023	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-1.74% Sep 29, 2021 - Sep 22, 2022	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-1.57% Apr 2, 2025 - Apr 29, 2025	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-1.07% Nov 12, 2018 - Jan 22, 2019	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-0.84% Mar 2, 2012 - Jul 6, 2012	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-0.64% Nov 1, 2012 - Dec 24, 2012	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-0.60% Sep 22, 2022 - Nov 1, 2022	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-0.59% May 19, 2015 - Apr 15, 2016	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-0.56% Sep 29, 2014 - May 19, 2015	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-0.44% Jul 31, 2024 - Aug 14, 2024	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-0.43% Mar 23, 2026 - Apr 7, 2026	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-0.41% May 24, 2013 - Aug 14, 2013	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-0.34% Apr 24, 2023 - Apr 27, 2023	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between FLOT and SPY is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.

0.98

-101

Dividend Comparison (1999 - 2026)

FLOT vs SPY dividend yield comparison.

Year	FLOT	SPY
2026	1.36%	0.24%
2025	4.84%	1.07%
2024	5.82%	1.21%
2023	5.66%	1.40%
2022	2.06%	1.65%
2021	0.43%	1.20%
2020	1.25%	1.52%
2019	2.78%	1.75%
2018	2.41%	2.04%
2017	1.46%	1.80%
2016	0.97%	2.03%
2015	0.53%	2.06%
2014	0.44%	1.87%
2013	0.47%	1.81%
2012	1.01%	2.18%
2011	0.38%	2.05%
2010	0.00%	1.80%
2009	0.00%	1.95%
2008	0.00%	3.02%
2007	0.00%	1.85%
2006	0.00%	1.73%
2005	0.00%	1.73%
2004	0.00%	1.82%
2003	0.00%	1.47%
2002	0.00%	1.70%
2001	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%