FLOT vs SPYI
Comparison between ISHARES FLOATING RATE BOND ETF (FLOT, ETF) and NEOS S&P 500(R) HIGH INCOME ETF (SPYI, ETF).
FLOT vs SPYI - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
FLOT
$9.30B
SPYI
$9.20B
Expense Ratio
Winner
FLOT
0.15%
SPYI
0.68%
Max Drawdown
Winner
FLOT
13.68%
SPYI
18.53%
Sharpe Ratio
FLOT
1.74
Winner
SPYI
2.00
5Y Beta
Winner
FLOT
0.06
SPYI
0.82
P/E Ratio
FLOT
N/A
SPYI
29.15
Forward P/E
FLOT
N/A
SPYI
22.22
5Y Dividends CAGR
FLOT
42.63%
SPYI
N/A
5Y EPS CAGR
FLOT
N/A
SPYI
28.42%
Debt to Equity
FLOT
N/A
SPYI
39.79%
P/S Ratio
FLOT
N/A
SPYI
3.57
P/B Ratio
FLOT
N/A
SPYI
5.53
FLOT vs SPYI - Historical Returns
Returns include dividend reinvestment.
1M
FLOT
+0.43%
Winner
SPYI
+5.28%
3M
FLOT
+0.99%
Winner
SPYI
+5.94%
6M
FLOT
+2.14%
Winner
SPYI
+8.97%
1Y
FLOT
+4.85%
Winner
SPYI
+22.89%
5Y(CAGR)
FLOT
+4.14%
SPYI
N/A
10Y(CAGR)
FLOT
+3.01%
SPYI
N/A
Max(CAGR)
FLOT
+2.28%
Winner
SPYI
+15.44%
FLOT vs SPYI - Annual Returns (2011 - 2026)
Returns include dividend reinvestment.
| Year | FLOT | SPYI |
|---|---|---|
| 2026 | +1.51% | +6.20% |
| 2025 | +4.87% | +16.80% |
| 2024 | +6.48% | +19.49% |
| 2023 | +6.39% | +18.18% |
| 2022 | +1.33% | -2.44% |
| 2021 | +0.41% | N/A |
| 2020 | +0.85% | N/A |
| 2019 | +4.05% | N/A |
| 2018 | +1.38% | N/A |
| 2017 | +1.59% | N/A |
| 2016 | +1.58% | N/A |
| 2015 | +0.43% | N/A |
| 2014 | +0.08% | N/A |
| 2013 | +0.75% | N/A |
| 2012 | +4.19% | N/A |
| 2011 | -1.77% | N/A |
FLOT vs SPYI Drawdown Comparison
The maximum drawdown for FLOT was -13.54%, occurring on Mar 19, 2020. Recovery took 117 trading sessions.
The maximum drawdown for SPYI was -16.46%, occurring on Apr 8, 2025. Recovery took 87 trading sessions.
| Rank | FLOT | SPYI |
|---|---|---|
| #1 | -13.54% Feb 19, 2020 - Aug 5, 2020 | -16.46% Feb 19, 2025 - Jun 25, 2025 |
| #2 | -2.64% Jul 8, 2011 - Feb 24, 2012 | -10.18% Sep 12, 2022 - Feb 1, 2023 |
| #3 | -2.36% Mar 8, 2023 - Apr 20, 2023 | -7.70% Feb 25, 2026 - Apr 15, 2026 |
| #4 | -1.74% Sep 29, 2021 - Sep 22, 2022 | -7.54% Jul 28, 2023 - Dec 13, 2023 |
| #5 | -1.57% Apr 2, 2025 - Apr 29, 2025 | -6.60% Jul 16, 2024 - Aug 19, 2024 |
| #6 | -1.07% Nov 12, 2018 - Jan 22, 2019 | -6.03% Feb 6, 2023 - Apr 13, 2023 |
| #7 | -0.84% Mar 2, 2012 - Jul 6, 2012 | -4.65% Mar 28, 2024 - May 15, 2024 |
| #8 | -0.64% Nov 1, 2012 - Dec 24, 2012 | -3.96% Nov 12, 2025 - Nov 28, 2025 |
| #9 | -0.60% Sep 22, 2022 - Nov 1, 2022 | -3.50% Aug 30, 2024 - Sep 19, 2024 |
| #10 | -0.59% May 19, 2015 - Apr 15, 2016 | -3.11% Dec 6, 2024 - Jan 22, 2025 |
| #11 | -0.56% Sep 29, 2014 - May 19, 2015 | -2.32% Oct 8, 2025 - Oct 20, 2025 |
| #12 | -0.44% Jul 31, 2024 - Aug 14, 2024 | -2.15% Feb 2, 2026 - Feb 25, 2026 |
| #13 | -0.43% Mar 23, 2026 - Apr 7, 2026 | -2.09% Dec 11, 2025 - Dec 22, 2025 |
| #14 | -0.41% May 24, 2013 - Aug 14, 2013 | -1.86% Jan 12, 2026 - Jan 27, 2026 |
| #15 | -0.34% Apr 24, 2023 - Apr 27, 2023 | -1.80% May 1, 2023 - May 17, 2023 |
Correlation
Correlation between FLOT and SPYI is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.
0.98
-101
Dividend Comparison (2011 - 2026)
FLOT vs SPYI dividend yield comparison.
| Year | FLOT | SPYI |
|---|---|---|
| 2026 | 1.36% | 3.89% |
| 2025 | 4.84% | 11.70% |
| 2024 | 5.82% | 12.04% |
| 2023 | 5.66% | 12.01% |
| 2022 | 2.06% | 4.10% |
| 2021 | 0.43% | 0.00% |
| 2020 | 1.25% | 0.00% |
| 2019 | 2.78% | 0.00% |
| 2018 | 2.41% | 0.00% |
| 2017 | 1.46% | 0.00% |
| 2016 | 0.97% | 0.00% |
| 2015 | 0.53% | 0.00% |
| 2014 | 0.44% | 0.00% |
| 2013 | 0.47% | 0.00% |
| 2012 | 1.01% | 0.00% |
| 2011 | 0.38% | 0.00% |
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