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.

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Fixed IncomeTER 0.15%Dist.

TER

0.15%

AUM

$8B

CAGR

2.2%

Volatility

1.8%

Sharpe

-0.42

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

Top 10 Holdings

Top 10 represent 7.8% of the fund.

FRN-AGoldman Sachs FRN 2026

1.20%

Financials

FRN-BJPMorgan FRN 2027

1.00%

Financials

FRN-CMorgan Stanley FRN 2026

0.90%

Financials

FRN-DCitigroup FRN 2027

0.80%

Financials

FRN-EBank of America FRN 2026

0.80%

Financials

FRN-FApple FRN 2026

0.70%

Technology

FRN-GWells Fargo FRN 2027

0.70%

Financials

FRN-HBNP Paribas FRN 2026

0.60%

Financials

FRN-IToyota Motor FRN 2026

0.60%

Consumer Discretionary

FRN-JUBS Group FRN 2027

0.50%

Financials

Sector Breakdown

Financials

50%

Technology

10%

Industrials

Consumer Discretionary

Healthcare

Energy

Consumer Staples

Utilities

Source: Official issuer data · Last updated: 2026-05-12

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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).

Similar ETFs

BND0.03% TER

Vanguard Total Bond Market ETF

Total US Bond Market · Vanguard

AGG0.03% TER

iShares Core US Aggregate Bond ETF

Total US Bond Market · BlackRock

TIP0.19% TER

iShares TIPS Bond ETF

Inflation-Protected Bonds · BlackRock

SHV0.15% TER

iShares Short Treasury Bond ETF

Ultra Short-Term Treasury · BlackRock

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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

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💬 Frequently Asked Questions

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.

FLOT has a total expense ratio (TER) of 0.15%, which means you pay $15 per year for every $10,000 invested.

Yes, FLOT is a distributing ETF that pays dividends to shareholders. The frequency depends on the fund's schedule.

FLOT is a US-domiciled ETF (not UCITS). Non-US investors should consider the US estate tax implications (40% on US assets above $60,000) and the 30% dividend withholding tax (reduced by treaty in some countries).

FLOT uses optimized sampling, holding a representative subset of the Bloomberg US Floating Rate Note < 5 Years Index index to minimize costs while closely tracking performance.