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FLTR vs TFLO: Differences, Returns & Fees

On Jul 31, 2026 FLTR's duration was 0.0 years and TFLO's 0.0; FLTR charges 0.14% to TFLO's 0.15%. Net assets: $3.6bn on Oct 19, 2026 for VanEck IG Floating Rate ETF, and $7.2bn on Oct 20, 2026 for iShares Treasury Floating Rate Bond ETF.

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Answers cite the figures on this page.

FLTR costs 0.01 points a year less; their one-year returns differ by 0.7 points; TFLO is 2.0 times larger.

FLTR vs TFLO: Differences, Returns & Fees
FLTRTFLO
Expense ratio0.14%0.15%
Net assets, as of Oct 19, 2026$3.6bn$7.2bn
Total return, 1 year+4.7%+4.0%
What it tracksMVIS US Investment Grade Floating Rate IndexBloomberg U.S. Treasury Floating Rate Index
Holdings in common0%

Holdings in common uses holdings dated Jul 31, 2026.

+4.7%
FLTR total return, 1 year
+4.0%
TFLO total return, 1 year
0.14%
FLTR expense ratio
0.15%
TFLO expense ratio

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Client brief · page 1 of 2Report BR-0222423829

FLTR and TFLO 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 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. FLTR holds 455 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, FLTR 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 FLTR TFLO
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%
Abbott Laboratories, due Mar 9, 2029 0.83%
Amazon.com Inc, due Mar 13, 2029 0.82%
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

FLTR
VanEck IG Floating Rate ETF
TFLO
iShares Treasury Floating Rate Bond ETF
Where it sits Bond ETF Bond ETF
Issuer VanEck iShares
What it is Tracks an index Tracks an index
Total return, 1 year +4.7% +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 0.14% 0.15%
Holdings 455 8
Net assets, FLTR as of Oct 19, 2026 and TFLO as of Oct 20, 2026 $3.6bn $7.2bn

FLTR and TFLO 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 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. The prospectus expense ratio is 0.15% a year.

Questions people ask

Which returned more over the last year, FLTR or TFLO?
In the year to Oct 20, 2026, with distributions reinvested, FLTR returned +4.7% and TFLO +4.0%.
Which is cheaper, FLTR or TFLO?
FLTR is cheaper, by 0.01 percentage points a year. That is about $1 on $10,000 held for a year. Fees come from each fund's prospectus.
Other comparisons
FLTR vs TBILFLTR vs VUSBBSCR vs FLTRFLTR vs VBILTFLO vs YEARTFLO vs VGUSTFLO vs USFRSHV vs TFLO
FLTR on its own →TFLO on its own →Hold both: look the portfolio through →Rankings →FLTR dividend history →FLTR holdings →TFLO dividend history →TFLO holdings →Standards and sources →
Where these figures came from
FLTR filings on SEC EDGAR ↗FLTR prospectus with the expense ratio (SEC) ↗VanEck website ↗TFLO filings on SEC EDGAR ↗TFLO prospectus with the expense ratio (SEC) ↗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, FLTR against TFLO, data as of Oct 20, 2026. https://etfiq.com/compare/any/fltr-vs-tflo

Open data

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