Which returned more over the last year, FLOT or VRIG?

In the year to Oct 20, 2026, with distributions reinvested, FLOT returned +4.3% and VRIG +4.3%.

Which is cheaper, FLOT or VRIG?

FLOT is cheaper, by 0.15 percentage points a year. That is about $15 on $10,000 held for a year. Fees come from each fund's prospectus.

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FLOT vs VRIG: Differences, Returns & Fees

On Jul 31, 2026 FLOT's duration was 0.0 years and VRIG's 0.3; FLOT charges 0.15% to VRIG's 0.30%. Net assets on Oct 20, 2026: $11.5bn for iShares Floating Rate Bond ETF and $1.9bn for Invesco Variable Rate Investment Grade ETF.

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Answers cite the figures on this page.

FLOT costs 0.15 points a year less; both returned +4.3% over a year; FLOT is 5.9 times larger.

FLOT vs VRIG: Differences, Returns & Fees
	FLOT	VRIG
Expense ratio	0.15%	0.30%
Net assets	$11.5bn	$1.9bn
Total return, 1 year	+4.3%	+4.3%
What it tracks	not read by ETFIQ	No index, actively managed
Holdings in common	16%

Holdings in common uses holdings dated Jul 31, 2026.

+4.3%

FLOT total return, 1 year

+4.3%

VRIG total return, 1 year

0.15%

FLOT expense ratio

0.30%

VRIG expense ratio

Client brief · page 1 of 2Report BR-88EE412043

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

What each follows. FLOT follows not read by ETFIQ and VRIG follows No index, actively managed.
Holdings in common. 16% of the weight is in the same securities (holdings dated Jul 31, 2026).
Cost. FLOT charges 0.15% of assets a year and VRIG 0.30%, a gap of 0.15 points.

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 VRIG hold 16% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026.

50%

half

16% in common

Positions both hold, largest shared weight first

Holding FLOT VRIG

Wells Fargo & Co, due Apr 22, 2028 0.31% 0.39%

JPMorgan Chase & Co, due Jan 24, 2029 0.28% 0.28%

Banco Santander SA, due Jul 15, 2028 0.36% 0.27%

Morgan Stanley Bank NA, due Jul 14, 2028 0.36% 0.27%

Hyundai Capital America, due Jun 24, 2027 0.27% 0.29%

JPMorgan Chase & Co, due Apr 22, 2028 0.27% 0.41%

Morgan Stanley, due Apr 13, 2028 0.26% 0.41%

JPMorgan Chase & Co, due Jul 22, 2028 0.26% 0.27%

ING Groep NV, due Sep 11, 2027 0.23% 0.36%

Morgan Stanley, due Jan 9, 2030 0.23% 0.41%

Corebridge Global Funding, due Sep 25, 2026 0.22% 0.24%

Citigroup Inc, due Feb 24, 2028 0.22% 0.33%

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 VRIG

U.S. Treasury Floating Rate Notes, due Apr 30, 2028 7.44%

U.S. Treasury Floating Rate Notes, due Oct 31, 2027 3.77%

U.S. Treasury Floating Rate Notes, due Apr 30, 2027 2.29%

U.S. Treasury Floating Rate Notes, due Jul 31, 2027 2.18%

U.S. Treasury Floating Rate Notes, due Jan 31, 2028 0.92%

Fannie Mae Connecticut Avenue Securities, Series 2022-R06, Class 1M2, due May 25, 2042 0.86%

Freddie Mac, Series 2022-DNA2, Class M2, due Feb 25, 2042 0.76%

Freddie Mac REMICs, due Feb 25, 2056 0.72%

Check overlap with more funds →

On the same fields

FLOT

iShares Floating Rate Bond ETF

VRIG

Invesco Variable Rate Investment Grade ETF

Where it sits Bond ETF Bond ETF

Issuer iShares Invesco

What it is Tracks an index Actively managed

Total return, 1 year +4.3% +4.3%

Expense ratio 0.15% 0.30%

Holdings 557 363

Net assets $11.5bn $1.9bn

FLOT and VRIG 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 VRIG

VRIG is actively managed and tracks no index. The prospectus expense ratio is 0.30% a year.

Questions people ask

Which returned more over the last year, FLOT or VRIG?: In the year to Oct 20, 2026, with distributions reinvested, FLOT returned +4.3% and VRIG +4.3%.
Which is cheaper, FLOT or VRIG?: FLOT is cheaper, by 0.15 percentage points a year. That is about $15 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

FLOT vs XHLF FLOT vs TBUX FLOT vs IBTG FLOT vs GSST VRIG vs VUSB ICSH vs VRIG GBIL vs VRIG USFR vs VRIG

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

Where these figures came from

FLOT filings on SEC EDGAR ↗FLOT prospectus with the expense ratio (SEC) ↗iShares page for FLOT ↗VRIG filings on SEC EDGAR ↗VRIG prospectus with the expense ratio (SEC) ↗Invesco page for VRIG ↗

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 VRIG, data as of Oct 20, 2026. https://etfiq.com/compare/any/flot-vs-vrig

Open data

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