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FLRN vs VUSB: Differences, Returns & Fees

On Jun 30, 2026 FLRN's duration was 0.0 years and VUSB's 1.0; VUSB charges 0.10% to FLRN's 0.15%. Net assets: $3.2bn on Oct 20, 2026 for State Street SPDR Bloomberg Investment Grade Floating Rate ETF, and $9.9bn on Sep 30, 2026 for Vanguard Ultra-Short Bond ETF.

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Ask IQ about FLRN and VUSB

Answers cite the figures on this page.

VUSB costs 0.05 points a year less; their one-year returns differ by 0.9 points; VUSB is 3.2 times larger.

FLRN vs VUSB: Differences, Returns & Fees
FLRNVUSB
Expense ratio0.15%0.10%
Net assets, as of Sep 30, 2026$3.1bn$9.9bn
Total return, 1 year+4.3%+3.4%
What it tracksnot read by ETFIQNo index, actively managed
Holdings in common8%

Holdings in common uses holdings dated Jun 30, 2026.

+4.3%
FLRN total return, 1 year
+3.4%
VUSB total return, 1 year
0.15%
FLRN expense ratio
0.10%
VUSB expense ratio

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Client brief · page 1 of 2Report BR-9626AF925C

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

  1. What each follows. FLRN follows not read by ETFIQ and VUSB follows No index, actively managed.
  2. Holdings in common. 8% of the weight is in the same securities (holdings dated Jun 30, 2026).
  3. Size. FLRN has $3.1bn in net assets and VUSB $9.9bn (net assets, as of Sep 30, 2026); VUSB is 3.2 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.

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What they hold in common

By the books each fund has filed, FLRN and VUSB hold 8% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026.

half

8% in common

Positions both hold, largest shared weight first
Holding FLRN VUSB
UBS Group AG, due Dec 23, 2029 0.36% 0.31%
Bank of Nova Scotia/The, due Sep 15, 2028 0.31% 0.24%
Royal Bank of Canada, due Oct 18, 2028 0.27% 0.22%
American Honda Finance Corp, due Dec 11, 2026 0.22% 0.34%
JPMorgan Chase & Co, due Jan 24, 2029 0.22% 0.23%
Sumitomo Mitsui Trust Bank Ltd, due Mar 5, 2029 0.27% 0.19%
Lloyds Banking Group PLC, due Nov 26, 2028 0.24% 0.18%
Bank of Montreal, due Sep 22, 2028 0.18% 0.40%
Huntington National Bank/The, due Apr 12, 2028 0.17% 0.28%
Canadian Imperial Bank of Commerce, due Sep 8, 2028 0.19% 0.17%
Canadian Imperial Bank of Commerce, due Jan 29, 2030 0.17% 0.29%
Morgan Stanley, due Jan 9, 2030 0.20% 0.17%
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%
Only in VUSB
TREASURY BILL, due Jun 10, 2027 4.19%
US TREASURY N/B, due Jul 31, 2027 0.67%
PNC FINANCIAL, due Oct 26, 2029 0.58%
US TREASURY N/B, due Jun 30, 2028 0.52%
REGIONS BANKS, due Jul 27, 2029 0.51%
US BANCORP, due Jun 12, 2029 0.50%
CHARLES SCHWAB, due Jul 27, 2029 0.49%
TRUIST BANK, due Jul 24, 2028 0.44%

Check overlap with more funds →

On the same fields

FLRN
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
VUSB
Vanguard Ultra-Short Bond ETF
Where it sits Bond ETF Bond ETF
Issuer State Street Vanguard
What it is Tracks an index Actively managed
Total return, 1 year +4.3% +3.4%
Its benchmark over the same days not measured −1.9% (AGG)
Gap to its benchmark not measured +5.3 pts vs AGG
Expense ratio 0.15% 0.10%
Holdings 549 1344
Net assets, FLRN as of Oct 20, 2026 and VUSB as of Sep 30, 2026 $3.2bn $9.9bn

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

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.

About VUSB

VUSB is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +3.4% with distributions reinvested, against −1.9% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.10% a year.

Questions people ask

Which returned more over the last year, FLRN or VUSB?
In the year to Oct 20, 2026, with distributions reinvested, FLRN returned +4.3% and VUSB +3.4%.
Which is cheaper, FLRN or VUSB?
VUSB is cheaper, by 0.05 percentage points a year. That is about $5 on $10,000 held for a year. Fees come from each fund's prospectus.
Other comparisons
FLRN vs GBILFLRN vs VBILFLRN vs TBILFLRN vs TFLOVNLA vs VUSBIBDR vs VUSBFLTR vs VUSBTBLL vs VUSB
FLRN on its own →VUSB on its own →Hold both: look the portfolio through →Rankings →FLRN dividend history →FLRN holdings →VUSB dividend history →VUSB holdings →Standards and sources →
Where these figures came from
FLRN filings on SEC EDGAR ↗FLRN prospectus with the expense ratio (SEC) ↗State Street website ↗VUSB filings on SEC EDGAR ↗VUSB prospectus with the expense ratio (SEC) ↗Vanguard page for VUSB ↗

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

Open data

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