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FLOT

iShares Floating Rate Bond ETF

Tracks the Bloomberg US Floating Rate Note < 5 Years Index. Near-zero duration makes it virtually immune to interest rate risk. Yields reset periodically, benefiting from rising rate environments.

TER
0.15%
AUM
$8B
CAGR
2.2%
Volatility
1.8%
Max Drawdown
-4.4%
Data Range
2011-06 → 2026-04

Performance Analysis

Maximum Drawdown History

How far the ETF has fallen from its all-time high at each point. Deeper = more painful.

Current DD0.0%
Worst DD-4.4%
Worst date2020-03

Rolling Returns

Annualized returns over rolling windows. Shows the range of outcomes depending on when you invested.

Avg return2.1%
Best6.1%
Worst0.2%
% positive100%
143 periods

Key Facts

ISIN
US46429B6552
Issuer
BlackRock
Benchmark
Bloomberg US Floating Rate Note < 5 Years Index
Total Expense Ratio (TER)
0.15%
Assets Under Management
$8B approx.
Inception Date
2011-06-14
Domicile
United States
Legal Structure
Open-Ended Fund
Dividend Policy
Distributing (pays dividends)
Replication Method
Physical (Optimized Sampling)
UCITS Status
✗ Not UCITS
Fund Currency
USD
Primary Exchange
CBOE BZX
Number of Holdings
~400
Backtest this ETFOfficial Fund Page

Who Is This ETF For?

Portfolio stabilizer and income generator. Reduces overall portfolio volatility when paired with equities.

Key Risks to Consider

Interest rate risk: bond prices fall when rates rise.

Non-UCITS: may have unfavorable tax treatment for non-US investors (US estate tax, withholding tax).

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Data & Methodology

Metadata sourced from official issuer documentation. Price data from Yahoo Finance (monthly adjusted close, includes reinvested dividends and splits). AUM figures are approximate and updated quarterly.

Data source: Yahoo Finance (adjusted close), BlackRock (metadata)Last verified: 2026-04-17