iShares Floating Rate Bond ETF

iShares Floating Rate Bond ETF

About

iShares Floating Rate Bond ETF (US46429B6552) is a US-listed bond ETF tracking the Bloomberg US Floating Rate Note < 5 Years Index (USD). With a expense ratio of 0.15%, it is competitively priced, paying distributions. The fund holds 542 positions across 10 regions with 9.8B in assets, with heavy concentration — 30% in Financials.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database. Last updated: Jun 22, 2026
Component Score Details
Cost (30%) 8.6 Tracking Difference: 9.5 · TD Consistency: — · Expense Ratio: 6.5
Liquidity (25%) 10.0 Assets Under Management

Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.

Ticker FLOT
ISIN
Fund Size $9.8B
Issuer iShares
Distribution Pays Distributions
Replication Physical
Inception Jun 2011
Base Currency USD
Index Bloomberg US Floating Rate Note < 5 Years Index (USD)
Asset Class Bonds
Category Money Market

Costs

8.6
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What expense ratio, tracking difference, and TD consistency measure

Expense ratio (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures the expense ratio plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.

Expense Ratio0.00%
 
Metric Value
Expense Ratio 0.15%

Cumulative Returns

Performance across different time periods.
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month
3 Months
6 Months
1 Year +4.82%
3 Years +5.68%
5 Years +4.18%
10 Years +3.01%
YTD +1.73%
Since Inception +2.29%

Holdings

This fund invests into 542 individual investments.
#1
BLK CSH FND TREASURY SL AGENCY
2.10%
#2
INTERNATIONAL BANK FOR RECONSTRUCT MTN
1.08%
#3
EUROPEAN BANK FOR RECONSTRUCTION A MTN
1.06%
#4
EUROPEAN BANK FOR RECONSTRUCTION A MTN
0.94%
#5
INTERNATIONAL BANK FOR RECONSTRUCT
0.93%
#6
INTERNATIONAL FINANCE CORP MTN
0.85%
#7
EUROPEAN BANK FOR RECONSTRUCTION A MTN
0.81%
#8
INTERNATIONAL BANK FOR RECONSTRUCT
0.81%
#9
INTERNATIONAL BANK FOR RECONSTRUCT
0.81%
#10
INTERNATIONAL BANK FOR RECONSTRUCT
0.78%
View all holdings (50)
# Holding Ticker Weight
1 BLK CSH FND TREASURY SL AGENCY 210.44%
2 INTERNATIONAL BANK FOR RECONSTRUCT MTN 107.78%
3 EUROPEAN BANK FOR RECONSTRUCTION A MTN 105.87%
4 EUROPEAN BANK FOR RECONSTRUCTION A MTN 94.14%
5 INTERNATIONAL BANK FOR RECONSTRUCT 93.08%
6 INTERNATIONAL FINANCE CORP MTN 85.48%
7 EUROPEAN BANK FOR RECONSTRUCTION A MTN 81.49%
8 INTERNATIONAL BANK FOR RECONSTRUCT 81.42%
9 INTERNATIONAL BANK FOR RECONSTRUCT 80.81%
10 INTERNATIONAL BANK FOR RECONSTRUCT 77.92%
11 INTER-AMERICAN DEVELOPMENT BANK 76.27%
12 INTERNATIONAL BANK FOR RECONSTRUCT MTN 75.47%
13 INTER-AMERICAN DEVELOPMENT BANK MTN 74.29%
14 INTER-AMERICAN DEVELOPMENT BANK MTN 69.88%
15 KOMMUNALBANKEN AS MTN 144A 69.05%
16 INTER-AMERICAN DEVELOPMENT BANK MTN 69.02%
17 INTER-AMERICAN DEVELOPMENT BANK MTN 68.34%
18 INTERNATIONAL BANK FOR RECONSTRUCT 67.29%
19 INTER-AMERICAN DEVELOPMENT BANK 64.34%
20 INTER-AMERICAN DEVELOPMENT BANK 63.36%
21 KOMMUNALBANKEN AS MTN 144A 55.95%
22 INTERNATIONAL FINANCE CORP MTN 55.53%
23 INTER-AMERICAN DEVELOPMENT BANK MTN 55.39%
24 ASIAN DEVELOPMENT BANK MTN 54.65%
25 ASIAN DEVELOPMENT BANK MTN 54.14%
26 ASIAN DEVELOPMENT BANK MTN 52.69%
27 INTERNATIONAL BANK FOR RECONSTRUCT MTN 50.59%
28 COMMONWEALTH BANK OF AUSTRALIA FRN MTN 144A 49.73%
29 AUSTRALIA AND NEW ZEALAND BANKING MTN 144A 45.63%
30 ASIAN DEVELOPMENT BANK MTN 43.27%
31 WELLS FARGO C FRN Apr28 40.09%
32 HSBC HOLDINGS FRN May31 37.73%
33 MORGAN STANLE FRN Jul28 37.72%
34 BANCO SANTAND FRN Jul28 37.47%
35 AUSTRALIA AND NEW ZEALAND BANKING MTN 144A 36.93%
36 INTERNATIONAL BANK FOR RECONSTRUCT MTN 35.84%
37 Korea Development Bank/The 35.79%
38 EUROPEAN INVESTMENT BANK 144A 35.68%
39 COOP RAB UA/N FRN Mar27 35.41%
40 EUROPEAN INVESTMENT BANK 33.96%
41 INTERNATIONAL BANK FOR RECONSTRUCT MTN 32.71%
42 BANK OF AMER FRN Jan29 32.65%
43 CITIBANK NA FRN May27 32.39%
44 GOLDMAN SACHS GROUP INC/THE MTN 32.17%
45 SUMITOMO MITSUI TRUST BANK LTD FRN MTN 144A 31.76%
46 SWEDISH EXPORT CREDIT CORP MTN 31.65%
47 SUMITOMO MITSUI TRUST BANK LTD MTN 144A 31.63%
48 DBS GROUP HOLDINGS LTD MTN 144A 31.57%
49 PUBLIC STORAG FRN Apr27 31.55%
50 NATIONAL AUSTRALIA BANK LTD MTN 144A 30.80%

Sectors

Allocation by industry sector.
 
Sector Weight
Unknown 5850.00%
Financials 3014.00%
Consumer Discretionary 405.00%
Industrials 258.00%
Health Care 217.00%
Government Bonds 127.00%
Consumer Staples 79.00%
Utilities 48.00%
Technology 42.00%
Materials 17.00%

Regions

Geographic allocation by country of risk.
 
Country Weight
UNKNOWN 5738.00%
United States 2586.00%
Canada 613.00%
United Kingdom 366.00%
Netherlands 213.00%
South Korea 127.00%
Japan 126.00%
Spain 95.00%
Australia 79.00%
Germany 42.00%
Switzerland 15.00%
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