FLTR vs FTSM: Differences, Returns & Fees
On Jul 31, 2026 FLTR's duration was 0.0 years and FTSM's 0.7; FLTR charges 0.14% to FTSM's 0.29%. Net assets: $3.6bn on Oct 19, 2026 for VanEck IG Floating Rate ETF, and $6.7bn on Oct 20, 2026 for First Trust Enhanced Short Maturity ETF.
FLTR costs 0.15 points a year less; their one-year returns differ by 1.3 points; FTSM is 1.9 times larger.
| FLTR | FTSM | |
|---|---|---|
| Expense ratio | 0.14% | 0.29% |
| Net assets, as of Oct 19, 2026 | $3.6bn | $6.7bn |
| Total return, 1 year | +4.7% | +3.4% |
| What it tracks | MVIS US Investment Grade Floating Rate Index | No index, actively managed |
| Holdings in common | not published | |
FLTR and FTSM are built for the same job. How do they differ in cost, holdings and results?
- What each follows. FLTR follows MVIS US Investment Grade Floating Rate Index and FTSM follows No index, actively managed.
- Cost. FLTR charges 0.14% of assets a year and FTSM 0.29%, a gap of 0.15 points.
- One-year total return (similar). Over 1 year to Oct 20, 2026 FLTR returned +4.7% and FTSM +3.4% with distributions reinvested, a gap of 1.3 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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On the same fields
FLTR and FTSM on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.
About FLTR
FLTR tracks an index. Over the year to Oct 20, 2026 it returned +4.7% with distributions reinvested. The prospectus expense ratio is 0.14% a year.
About FTSM
FTSM 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 US Aggregate Bond Index. The prospectus expense ratio is 0.29% a year.
Questions people ask
- Which returned more over the last year, FLTR or FTSM?
- In the year to Oct 20, 2026, with distributions reinvested, FLTR returned +4.7% and FTSM +3.4%.
- Which is cheaper, FLTR or FTSM?
- FLTR 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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ETFIQ, FLTR against FTSM, data as of Oct 20, 2026. https://etfiq.com/compare/any/fltr-vs-ftsm
ETFIQ. (Oct 20, 2026). FLTR against FTSM. Retrieved from https://etfiq.com/compare/any/fltr-vs-ftsm
[FLTR against FTSM (ETFIQ, Oct 20, 2026)](https://etfiq.com/compare/any/fltr-vs-ftsm)
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