FLOT: iShares Floating Rate Bond ETF
About
FLOT was created on 2011-06-14 by iShares. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 7369.57m in AUM and 372 holdings. FLOT tracks a market value-weighted index of USD-denominated", investment-grade floating rate notes with maturities of 0-5 years.
Current Value
$50.861 Year Return
Current Value
$50.861 Year Return
Key Details
Assets Under Management
$7.37B
Div Yield %
5.87%
P/E Ratio
-
Net Asset Value
$50.81
Expense Ratio
0.15%
1Y ETF Return
0.07%
Strategies that include FLOT
Stock's related to FLOT
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| LUMN | 36.92% | $7.09B | +348.08% | 0.00% |
| NTZ | 27.94% | $52.32M | -24.48% | 0.00% |
| JXN | 26.45% | $7.41B | +109.13% | 2.08% |
| SEIC | 26.41% | $10.56B | +36.26% | 1.12% |
| GTN | 26.34% | $435.55M | -46.84% | 7.34% |
| KKR | 26.33% | $141.81B | +112.24% | 0.43% |
| ABNB | 26.18% | $85.90B | +2.83% | 0.00% |
| TRC | 26.13% | $433.19M | -2.06% | 0.00% |
| STAG | 26.03% | $6.63B | -1.19% | 4.05% |
| DLR | 26.02% | $63.74B | +39.48% | 2.54% |
| RRR | 26.01% | $3.09B | +17.56% | 1.95% |
| CCAP | 26.01% | - | - | 8.56% |
| APOG | 25.90% | $1.85B | +77.42% | 1.19% |
| RCUS | 25.87% | $1.46B | -0.99% | 0.00% |
| GLAD | 25.80% | - | - | 5.92% |
| ALEX | 25.77% | $1.42B | +11.81% | 4.53% |
| SHO | 25.70% | $2.16B | +6.58% | 2.73% |
| PSTL | 25.69% | $332.25M | -3.08% | 6.76% |
| RBRK | 25.61% | $8.98B | +54.47% | 0.00% |
| BLDR | 25.58% | $21.27B | +35.04% | 0.00% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| WWD | <0.01% | $10.55B | +28.72% | 0.56% |
| GHG | 0.02% | $184.56M | -23.97% | 0.00% |
| SO | 0.03% | $96.17B | +23.13% | 3.24% |
| OVID | -0.04% | $80.95M | -64.38% | 0.00% |
| DOGZ | -0.07% | $604.58M | +1,509.83% | 0.00% |
| MSB | -0.12% | $366.84M | +54.22% | 4.85% |
| RUM | 0.12% | $1.95B | +51.21% | 0.00% |
| LVO | -0.12% | $90.85M | -10.42% | 0.00% |
| LUMO | -0.13% | $37.88M | +41.29% | 0.00% |
| HTZ | 0.16% | $670.82M | -48.13% | 0.00% |
| POAI | 0.20% | $5.48M | -75.00% | 0.00% |
| NOMD | 0.21% | $2.92B | +8.61% | 2.50% |
| KR | -0.22% | $43.52B | +34.65% | 2.01% |
| SYM | 0.22% | $2.69B | -53.93% | 0.00% |
| BFAM | -0.23% | $6.72B | +25.75% | 0.00% |
| NVCR | -0.24% | $3.23B | +129.79% | 0.00% |
| PHAT | -0.27% | $595.57M | +3.32% | 0.00% |
| RNG | -0.27% | $3.41B | +17.82% | 0.00% |
| EXPD | 0.28% | $17.00B | -0.28% | 1.19% |
| LAC | 0.29% | $862.59M | -38.66% | 0.00% |
ETF's related to FLOT
News
SeekingAlpha
EFT employs significant leverage (35.10%), making it more volatile than peers. Read more to see my recommendation for the fund.
SeekingAlpha
The BlackRock Corporate High Yield Fund offers a high yield with reasonable risk, but its valuation may be hard to justify for some investors. See more here.
SeekingAlpha
Global equities ended the third quarter of 2024 collectively higher as they recovered from bouts of heightened volatility, including a market selloff in early August.
SeekingAlpha
The BlackRock Floating Rate Income Trust has underperformed, with a declining NAV. See why BGT ETF may face income cuts as the Fed reduces interest rates.
SeekingAlpha
Retail money funds are reported at a new high. The last 30mos, from June 2022, while retail money funds soared more than 100%, T-Bill rates have also risen from the 1% range to more than 5%.
SeekingAlpha
iShares Floating Rate Bond ETF is nice to avoid duration risk while benefiting from higher short-term yields amid volatile interest rates. See why FLOT is a Buy.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.