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IBTG vs TFLO: Differences, Returns & Fees

On Jul 31, 2026 IBTG's duration was 0.2 years and TFLO's 0.0; IBTG charges 0.07% to TFLO's 0.15%. Net assets on Oct 20, 2026: $1.9bn for iShares iBonds Dec 2026 Term Treasury ETF and $7.2bn for iShares Treasury Floating Rate Bond ETF.

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Answers cite the figures on this page.

IBTG costs 0.08 points a year less; their one-year returns differ by 0.4 points; TFLO is 3.8 times larger.

IBTG vs TFLO: Differences, Returns & Fees
IBTGTFLO
Expense ratio0.07%0.15%
Net assets$1.9bn$7.2bn
Total return, 1 year+3.6%+4.0%
What it tracksICE 2026 Maturity US Treasury IndexBloomberg U.S. Treasury Floating Rate Index
Holdings in common0%

Holdings in common uses holdings dated Jul 31, 2026.

+3.6%
IBTG total return, 1 year
+4.0%
TFLO total return, 1 year
0.07%
IBTG expense ratio
0.15%
TFLO expense ratio

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Client brief · page 1 of 2Report BR-DFC9F0CA20

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

  1. What each follows. IBTG follows ICE 2026 Maturity US Treasury 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. Size. IBTG has $1.9bn in net assets and TFLO $7.2bn (Net assets); TFLO is 3.8 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, IBTG 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 IBTG TFLO
Only in IBTG
U.S. Treasury Notes, due Sep 30, 2026 6.46%
U.S. Treasury Notes, due Oct 31, 2026 6.10%
U.S. Treasury Notes, due Aug 31, 2026 5.71%
U.S. Treasury Notes, due Nov 30, 2026 5.62%
U.S. Treasury Notes, due Sep 30, 2026 5.29%
U.S. Treasury Notes, due Oct 31, 2026 5.27%
U.S. Treasury Notes, due Nov 30, 2026 5.13%
U.S. Treasury Notes, due Aug 15, 2026 5.03%
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

IBTG
iShares iBonds Dec 2026 Term Treasury ETF
TFLO
iShares Treasury Floating Rate Bond ETF
Where it sits Bond ETF Bond ETF
Issuer iShares iShares
What it is Tracks an index Tracks an index
Total return, 1 year +3.6% +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 0.07% 0.15%
Holdings 10 8
Net assets $1.9bn $7.2bn

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

About IBTG

IBTG tracks an index. Over the year to Oct 20, 2026 it returned +3.6% with distributions reinvested. The prospectus expense ratio is 0.07% 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, IBTG or TFLO?
In the year to Oct 20, 2026, with distributions reinvested, IBTG returned +3.6% and TFLO +4.0%.
Which is cheaper, IBTG or TFLO?
IBTG is cheaper, by 0.08 percentage points a year. That is about $8 on $10,000 held for a year. Fees come from each fund's prospectus.
Other comparisons
IBTG vs TBILIBTG vs TBLLIBTG vs SGOVFTSM vs IBTGTFLO vs VRIGTFLO vs XHLFTBUX vs TFLOTFLO vs YEAR
IBTG on its own →TFLO on its own →Hold both: look the portfolio through →Rankings →IBTG dividend history →IBTG holdings →TFLO dividend history →TFLO holdings →Standards and sources →
Where these figures came from
IBTG and TFLO filings on SEC EDGAR ↗IBTG and TFLO prospectus with the expense ratio (SEC) ↗iShares page for IBTG ↗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, IBTG against TFLO, data as of Oct 20, 2026. https://etfiq.com/compare/any/ibtg-vs-tflo

Open data

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