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TFLO vs SMBS

Comparison between ISHARES TREASURY FLOATING RATE BOND ETF (TFLO, ETF) and SCHWAB MORTGAGE-BACKED SECURITIES ETF (SMBS, ETF).

TFLO vs SMBS - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
Winner
TFLO
$6.60B
SMBS
$6.50B
Expense Ratio
TFLO
0.15%
Winner
SMBS
0.03%
Max Drawdown
TFLO
5.02%
Winner
SMBS
4.02%
Sharpe Ratio
TFLO
0.25
Winner
SMBS
0.46
5Y Beta
Winner
TFLO
-0.00
SMBS
0.04
5Y Dividends CAGR
TFLO
141.77%
SMBS
N/A

TFLO vs SMBS - Historical Returns

Returns include dividend reinvestment.

1M
Winner
TFLO
+0.33%
SMBS
-0.54%
3M
Winner
TFLO
+0.97%
SMBS
-0.54%
6M
Winner
TFLO
+1.84%
SMBS
+0.29%
1Y
TFLO
+3.94%
Winner
SMBS
+5.48%
5Y(CAGR)
TFLO
+3.72%
SMBS
N/A
10Y(CAGR)
TFLO
+2.40%
SMBS
N/A
Max(CAGR)
TFLO
+1.96%
Winner
SMBS
+5.25%

TFLO vs SMBS - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

YearTFLOSMBS
2026+2.00%+0.80%
2025+4.20%+8.23%
2024+5.34%-0.07%
2023+5.12%N/A
2022+1.99%N/A
2021-0.01%N/A
2020+0.43%N/A
2019+2.04%N/A
2018+1.90%N/A
2017+1.03%N/A
2016+0.21%N/A
2015+0.65%N/A
2014+0.06%N/A

TFLO vs SMBS Drawdown Comparison

The maximum drawdown for TFLO was -5.01%, occurring on Dec 19, 2014. Recovery took 293 trading sessions.

The maximum drawdown for SMBS was -3.20%, occurring on Jan 13, 2025. Recovery took 52 trading sessions.

The current SMBS drawdown is -1.34%.

RankTFLOSMBS
#1-5.01%
Oct 28, 2014 - Dec 28, 2015
-3.20%
Dec 6, 2024 - Feb 25, 2025
#2-0.76%
Dec 28, 2015 - May 22, 2017
-2.83%
Apr 4, 2025 - Jun 26, 2025
#3-0.34%
Oct 13, 2014 - Oct 16, 2014
-2.83%
Feb 27, 2026 - May 19, 2026
#4-0.26%
Oct 16, 2014 - Oct 28, 2014
-1.11%
Jun 26, 2025 - Aug 1, 2025
#5-0.16%
Feb 20, 2018 - Feb 27, 2018
-0.90%
Oct 28, 2025 - Nov 25, 2025
#6-0.15%
Feb 25, 2020 - Mar 17, 2020
-0.89%
Mar 3, 2025 - Apr 1, 2025
#7-0.15%
May 14, 2014 - Jul 31, 2014
-0.85%
Sep 16, 2025 - Oct 14, 2025
#8-0.14%
Sep 2, 2014 - Oct 2, 2014
-0.78%
Nov 26, 2025 - Dec 18, 2025
#9-0.14%
Dec 29, 2017 - Jan 11, 2018
-0.58%
Jan 14, 2026 - Feb 6, 2026
#10-0.13%
Jul 29, 2022 - Aug 12, 2022
-0.47%
Aug 13, 2025 - Aug 22, 2025
#11-0.12%
Oct 2, 2014 - Oct 9, 2014
-0.39%
Aug 5, 2025 - Aug 13, 2025
#12-0.12%
Sep 12, 2017 - Sep 27, 2017
-0.39%
Dec 29, 2025 - Jan 7, 2026
#13-0.12%
Nov 3, 2017 - Nov 13, 2017
-0.38%
Nov 25, 2024 - Nov 29, 2024
#14-0.12%
Oct 19, 2017 - Oct 23, 2017
-0.36%
Apr 1, 2025 - Apr 3, 2025
#15-0.12%
Feb 7, 2018 - Feb 20, 2018
-0.31%
Oct 21, 2025 - Oct 28, 2025

Correlation

Correlation between TFLO and SMBS is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95
-101

Dividend Comparison (2014 - 2026)

TFLO vs SMBS dividend yield comparison.

YearTFLOSMBS
20261.80%2.58%
20254.16%4.83%
20245.21%0.50%
20234.88%0.00%
20221.68%0.00%
20210.00%0.00%
20200.36%0.00%
20192.08%0.00%
20181.65%0.00%
20170.86%0.00%
20160.31%0.00%
20150.15%0.00%
20140.08%0.00%

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