Which returned more over the last year, BILZ or FLRN?

In the year to Oct 20, 2026, with distributions reinvested, BILZ returned +3.7% and FLRN +4.3%.

Which is cheaper, BILZ or FLRN?

BILZ is cheaper, by 0.01 percentage points a year. That is about $1 on $10,000 held for a year. Fees come from each fund's prospectus.

Share on X Download as PDF

Compare their flows Ask IQ about these two funds

BILZ vs FLRN: Differences, Returns & Fees

On Jun 30, 2026 BILZ's duration was 0.2 years and FLRN's 0.0; BILZ charges 0.14% to FLRN's 0.15%. Net assets: $1.0bn on Jun 30, 2026 for PIMCO Ultra Short Government Active Exchange-Traded Fund, and $3.2bn on Oct 20, 2026 for State Street SPDR Bloomberg Investment Grade Floating Rate ETF.

Ask IQ about this page

Ask IQ about BILZ and FLRN

Answers cite the figures on this page.

BILZ costs 0.01 points a year less; their one-year returns differ by 0.6 points; FLRN is 2.9 times larger.

BILZ vs FLRN: Differences, Returns & Fees
	BILZ	FLRN
Expense ratio	0.14%	0.15%
Net assets, as of Jun 30, 2026	$1.0bn	$3.0bn
Total return, 1 year	+3.7%	+4.3%
What it tracks	No index, actively managed	not read by ETFIQ
Holdings in common	0%

Holdings in common uses holdings dated Jun 30, 2026.

+3.7%

BILZ total return, 1 year

+4.3%

FLRN total return, 1 year

0.14%

BILZ expense ratio

0.15%

FLRN expense ratio

Client brief · page 1 of 2Report BR-1989DA70A6

BILZ and FLRN are built for the same job. How do they differ in cost, holdings and results?

What each follows. BILZ follows No index, actively managed and FLRN follows not read by ETFIQ.
Holdings in common. 0% of the weight is in the same securities (holdings dated Jun 30, 2026).
Size. BILZ has $1.0bn in net assets and FLRN $3.0bn (net assets, as of Jun 30, 2026); FLRN is 3.0 times larger.

Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.

Take this comparison to a client

The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.

Not advice. The brief uses the figures on this page, with the data date and a report id. Saved comparisons are listed on your saved page; privacy.

What they hold in common

By the books each fund has filed, BILZ and FLRN hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026.

50%

half

0% in common

Positions both hold, largest shared weight first

Holding BILZ FLRN

Only in BILZ

U.S. Treasury Bills, due Sep 24, 2026 45.05%

U.S. Treasury Bills, due Oct 27, 2026 26.38%

U.S. Treasury Bills, due Jul 21, 2026 21.33%

U.S. Treasury Bills, due Aug 4, 2026 15.43%

U.S. Treasury Bills, due Aug 18, 2026 13.15%

Only in FLRN

European Bank for Reconstruction & Development, due Feb 20, 2028 1.20%

International Bank for Reconstruction & Development, due Aug 19, 2027 0.90%

European Bank for Reconstruction & Development, due Feb 16, 2029 0.83%

International Bank for Reconstruction & Development, due Jan 12, 2027 0.83%

European Bank for Reconstruction & Development, due Jul 22, 2030 0.78%

International Finance Corp, due Aug 28, 2028 0.70%

International Bank for Reconstruction & Development, due Sep 23, 2026 0.70%

Kommunalbanken AS, due Apr 9, 2029 0.69%

Check overlap with more funds →

On the same fields

BILZ

PIMCO Ultra Short Government Active Exchange-Traded Fund

FLRN

State Street SPDR Bloomberg Investment Grade Floating Rate ETF

Where it sits Bond ETF Bond ETF

Issuer PIMCO State Street

What it is Actively managed Tracks an index

Total return, 1 year +3.7% +4.3%

Expense ratio 0.14% 0.15%

Holdings not counted 549

Net assets, BILZ as of Jun 30, 2026 and FLRN as of Oct 20, 2026 $1.0bn $3.2bn

BILZ and FLRN on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About BILZ

BILZ is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +3.7% with distributions reinvested. The prospectus expense ratio is 0.14% a year.

About FLRN

FLRN tracks an index. Over the year to Oct 20, 2026 it returned +4.3% with distributions reinvested. The prospectus expense ratio is 0.15% a year.

Questions people ask

Which returned more over the last year, BILZ or FLRN?: In the year to Oct 20, 2026, with distributions reinvested, BILZ returned +3.7% and FLRN +4.3%.
Which is cheaper, BILZ or FLRN?: BILZ is cheaper, by 0.01 percentage points a year. That is about $1 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

BILZ vs IBTH BILZ vs CLIP BILZ vs FLOT BILZ vs USFR FLRN vs VGUS FLRN vs RAVI FLRN vs YEAR FLRN vs GSST

BILZ on its own →FLRN on its own →Hold both: look the portfolio through →Rankings →BILZ dividend history →FLRN dividend history →FLRN holdings →Standards and sources →

Where these figures came from

BILZ filings on SEC EDGAR ↗BILZ prospectus with the expense ratio (SEC) ↗PIMCO website ↗FLRN filings on SEC EDGAR ↗FLRN prospectus with the expense ratio (SEC) ↗State Street website ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, BILZ against FLRN, data as of Oct 20, 2026. https://etfiq.com/compare/any/bilz-vs-flrn

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.