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FLTR vs RAVI: Differences, Returns & Fees

On Jul 31, 2026 FLTR's duration was 0.0 years and RAVI's 0.5; FLTR charges 0.14% to RAVI's 0.25%. Net assets: $3.6bn on Oct 19, 2026 for VanEck IG Floating Rate ETF, and $1.5bn on Jul 31, 2026 for Northern Trust Ultra-Short Fixed Income ETF.

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Answers cite the figures on this page.

FLTR costs 0.11 points a year less; their one-year returns differ by 0.9 points; FLTR is 2.0 times larger.

FLTR vs RAVI: Differences, Returns & Fees
FLTRRAVI
Expense ratio0.14%0.25%
Net assets, as of Jul 31, 2026$3.0bn$1.5bn
Total return, 1 year+4.7%+3.8%
What it tracksMVIS US Investment Grade Floating Rate IndexNo index, actively managed
Holdings in common14%

Holdings in common uses holdings dated Jul 31, 2026.

+4.7%
FLTR total return, 1 year
+3.8%
RAVI total return, 1 year
0.14%
FLTR expense ratio
0.25%
RAVI expense ratio

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Client brief · page 1 of 2Report BR-C03421476F

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

  1. What each follows. FLTR follows MVIS US Investment Grade Floating Rate Index and RAVI follows No index, actively managed.
  2. Holdings in common. 14% of the weight is in the same securities (holdings dated Jul 31, 2026).
  3. Cost. FLTR charges 0.14% of assets a year and RAVI 0.25%, a gap of 0.11 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, FLTR and RAVI hold 14% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026.

half

14% in common

Positions both hold, largest shared weight first
Holding FLTR RAVI
Abbott Laboratories, due Mar 9, 2029 0.83% 1.55%
Bank of America Corp, due May 9, 2029 0.62% 1.62%
Citigroup Inc, due Mar 4, 2029 0.62% 0.69%
Walt Disney Co/The, due Mar 14, 2029 0.41% 2.60%
Morgan Stanley Private Bank NA, due Feb 8, 2030 0.41% 0.62%
Merck & Co Inc, due Mar 15, 2029 0.41% 1.85%
American Express Co, due Feb 9, 2029 0.53% 0.38%
HSBC Holdings PLC, due Mar 3, 2029 0.62% 0.38%
Barclays PLC, due Nov 11, 2029 0.42% 0.34%
Santander Holdings USA Inc, due Mar 20, 2029 0.33% 0.47%
Morgan Stanley, due Apr 13, 2028 0.27% 0.30%
Macquarie Bank Ltd, due Jun 12, 2028 0.27% 0.87%
Only in FLTR
Commonwealth Bank of Australia, due Mar 14, 2030 1.26%
HSBC Holdings PLC, due May 13, 2031 1.08%
HSBC Holdings PLC, due Mar 10, 2032 1.06%
Westpac Banking Corp, due Jun 12, 2031 1.03%
Mitsubishi UFJ Financial Group Inc, due Sep 12, 2031 0.84%
Sumitomo Mitsui Trust Bank Ltd, due Mar 13, 2030 0.83%
Amazon.com Inc, due Mar 13, 2029 0.82%
SUMITOMO MITSUI FINL GRP, due Jul 8, 2031 0.76%
Only in RAVI
FHLMC, due Aug 3, 2026 4.58%
AT&T, Inc., due Feb 15, 2027 1.53%
Ingersoll Rand, Inc., due Jun 15, 2027 1.35%
Royal Bank of Canada, Series 1, due Jul 10, 2029 1.34%
Reckitt Benckiser Treasury Services plc, due Jun 26, 2027 0.99%
Allstate Corp. (The), due Dec 15, 2026 0.82%
BlackRock, Inc., due Jul 26, 2027 0.82%
Exelon Corp., due Mar 15, 2027 0.76%

Check overlap with more funds →

On the same fields

FLTR
VanEck IG Floating Rate ETF
RAVI
Northern Trust Ultra-Short Fixed Income ETF
Where it sits Bond ETF Bond ETF
Issuer VanEck Northern Trust
What it is Tracks an index Actively managed
Total return, 1 year +4.7% +3.8%
Expense ratio 0.14% 0.25%
Holdings 455 244
Net assets, FLTR as of Oct 19, 2026 and RAVI as of Jul 31, 2026 $3.6bn $1.5bn

FLTR and RAVI 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 RAVI

RAVI is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +3.8% with distributions reinvested. The prospectus expense ratio is 0.25% a year.

Questions people ask

Which returned more over the last year, FLTR or RAVI?
In the year to Oct 20, 2026, with distributions reinvested, FLTR returned +4.7% and RAVI +3.8%.
Which is cheaper, FLTR or RAVI?
FLTR is cheaper, by 0.11 percentage points a year. That is about $11 on $10,000 held for a year. Fees come from each fund's prospectus.
Other comparisons
FLTR vs YEARFLTR vs VGUSFLTR vs IBTHBSCQ vs FLTRFTSM vs RAVIRAVI vs TFLORAVI vs TBILRAVI vs USFR
FLTR on its own →RAVI on its own →Hold both: look the portfolio through →Rankings →FLTR dividend history →FLTR holdings →RAVI dividend history →RAVI holdings →Standards and sources →
Where these figures came from
FLTR filings on SEC EDGAR ↗FLTR prospectus with the expense ratio (SEC) ↗VanEck website ↗RAVI filings on SEC EDGAR ↗RAVI prospectus with the expense ratio (SEC) ↗Northern Trust 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, FLTR against RAVI, data as of Oct 20, 2026. https://etfiq.com/compare/any/fltr-vs-ravi

Open data

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