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FLOT vs TFLO: Differences, Returns & Fees

On Jul 31, 2026 FLOT's duration was 0.0 years and TFLO's 0.0; both charge 0.15%. Net assets on Oct 20, 2026: $11.5bn for iShares Floating Rate Bond ETF and $7.2bn for iShares Treasury Floating Rate Bond ETF.

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Answers cite the figures on this page.

Both cost 0.15% a year; their one-year returns differ by 0.3 points; FLOT is 1.6 times larger.

Points (pts) are percentage points.

FLOT vs TFLO: Differences, Returns & Fees
FLOTTFLO
Expense ratio0.15%0.15%
Net assets$11.5bn$7.2bn
Total return, 1 year+4.3%+4.0%
What it tracksnot read by ETFIQBloomberg U.S. Treasury Floating Rate Index
Holdings in common0%

Holdings in common uses holdings dated Jul 31, 2026.

+4.3%
FLOT total return, 1 year
+4.0%
TFLO total return, 1 year
0.15%
FLOT expense ratio
0.15%
TFLO expense ratio

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Client brief · page 1 of 2Report BR-75214203F5

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

  1. What each follows. FLOT follows not read by ETFIQ and TFLO follows Bloomberg U.S. Treasury Floating Rate Index.
  2. Holdings in common. 0% of the weight is in the same securities (holdings dated Jul 31, 2026).
  3. Number of holdings. FLOT holds 557 positions and TFLO holds 8.

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.

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What they hold in common

By the books each fund has filed, FLOT and TFLO hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026.

half

0% in common

Positions both hold, largest shared weight first
Holding FLOT TFLO
Only in FLOT
European Bank for Reconstruction & Development, due Feb 20, 2028 1.15%
International Bank for Reconstruction & Development, due Aug 19, 2027 1.05%
European Bank for Reconstruction & Development, due Feb 16, 2029 0.95%
International Bank for Reconstruction & Development, due Jan 12, 2027 0.89%
European Bank for Reconstruction & Development, due Jul 22, 2030 0.85%
International Finance Corp, due Aug 28, 2028 0.82%
International Bank for Reconstruction & Development, due Jan 24, 2029 0.77%
International Bank for Reconstruction & Development, due Nov 22, 2028 0.77%
Only in TFLO
U.S. Treasury Floating Rate Notes, due Apr 30, 2028 14.37%
U.S. Treasury Floating Rate Notes, due Apr 30, 2027 13.54%
U.S. Treasury Floating Rate Notes, due Jan 31, 2027 13.45%
U.S. Treasury Floating Rate Notes, due Oct 31, 2027 13.37%
U.S. Treasury Floating Rate Notes, due Jan 31, 2028 12.93%
U.S. Treasury Floating Rate Notes, due Jul 31, 2027 12.84%
U.S. Treasury Floating Rate Notes, due Oct 31, 2026 12.83%
U.S. Treasury Floating Rate Notes, due Jul 31, 2028 6.26%

Check overlap with more funds →

On the same fields

FLOT
iShares Floating Rate Bond ETF
TFLO
iShares Treasury Floating Rate Bond ETF
Where it sits Bond ETF Bond ETF
Issuer iShares iShares
What it is Tracks an index Tracks an index
Total return, 1 year +4.3% +4.0%
Its benchmark over the same days not measured +4.0% (USFR)
Gap to its benchmark not measured −0.1 pts vs USFR
Expense ratio 0.15% 0.15%
Holdings 557 8
Net assets $11.5bn $7.2bn

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

About FLOT

FLOT 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.

About TFLO

TFLO tracks an index. Over the year to Oct 20, 2026 it returned +4.0% with distributions reinvested, against +4.0% for its benchmark, the Bloomberg U.S. Treasury Floating Rate Index.

Questions people ask

Which returned more over the last year, FLOT or TFLO?
In the year to Oct 20, 2026, with distributions reinvested, FLOT returned +4.3% and TFLO +4.0%.
Which is cheaper, FLOT or TFLO?
Neither: FLOT and TFLO both charge 0.15% a year. Fees come from each fund's prospectus.
Other comparisons
FLOT vs TBILFLOT vs VUSBFLOT vs VBILFLOT vs IBDSTFLO vs VBILTFLO vs VUSBICSH vs TFLOGBIL vs TFLO
FLOT on its own →TFLO on its own →Hold both: look the portfolio through →Rankings →FLOT dividend history →FLOT holdings →TFLO dividend history →TFLO holdings →Standards and sources →
Where these figures came from
FLOT and TFLO filings on SEC EDGAR ↗FLOT and TFLO prospectus with the expense ratio (SEC) ↗iShares page for FLOT ↗iShares page for TFLO ↗

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, FLOT against TFLO, data as of Oct 20, 2026. https://etfiq.com/compare/any/flot-vs-tflo

Open data

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