Which returned more over the last year, ICSH or TFLO?

In the year to Oct 20, 2026, with distributions reinvested, ICSH returned +3.5% and TFLO +4.0%.

Which is cheaper, ICSH or TFLO?

ICSH is cheaper, by 0.07 percentage points a year. That is about $7 on $10,000 held for a year. Fees come from each fund's prospectus.

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ICSH vs TFLO: Differences, Returns & Fees

On Jul 31, 2026 ICSH's duration was 0.7 years and TFLO's 0.0; ICSH charges 0.08% to TFLO's 0.15%. Net assets on Oct 20, 2026: $9.0bn for iShares Ultra Short Duration Bond Active ETF and $7.2bn for iShares Treasury Floating Rate Bond ETF.

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Answers cite the figures on this page.

ICSH costs 0.07 points a year less; their one-year returns differ by 0.5 points; ICSH is 1.2 times larger.

ICSH vs TFLO: Differences, Returns & Fees
	ICSH	TFLO
Expense ratio	0.08%	0.15%
Net assets	$9.0bn	$7.2bn
Total return, 1 year	+3.5%	+4.0%
What it tracks	No index, actively managed	Bloomberg U.S. Treasury Floating Rate Index
Holdings in common	0%

Holdings in common uses holdings dated Jul 31, 2026.

+3.5%

ICSH total return, 1 year

+4.0%

TFLO total return, 1 year

0.08%

ICSH expense ratio

0.15%

TFLO expense ratio

Client brief · page 1 of 2Report BR-924B959D0E

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

What each follows. ICSH follows No index, actively managed and TFLO follows Bloomberg U.S. Treasury Floating Rate Index.
Holdings in common. 0% of the weight is in the same securities (holdings dated Jul 31, 2026).
Number of holdings. ICSH holds 407 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, ICSH and TFLO hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026.

50%

half

0% in common

Positions both hold, largest shared weight first

Holding ICSH TFLO

Only in ICSH

Banco Bilbao Vizcaya Argentaria/New York NY, due Mar 10, 2027 0.91%

BPCE SA, due May 6, 2027 0.91%

Marubeni Finance America LLC, due Aug 7, 2026 0.77%

Cooperatieve Rabobank UA/NY, due Nov 16, 2026 0.74%

Svenska Handelsbanken AB, due Apr 13, 2027 0.72%

Northwestern Mutual Global Funding, due Mar 30, 2029 0.70%

MIZUHO BK LTD NEW YORK BRH INS, due May 26, 2027 0.70%

Toyota Motor Credit Corp, due May 12, 2028 0.68%

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

ICSH

iShares Ultra Short Duration Bond Active ETF

TFLO

iShares Treasury Floating Rate Bond ETF

Where it sits Bond ETF Bond ETF

Issuer iShares iShares

What it is Actively managed Tracks an index

Total return, 1 year +3.5% +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 0.08% 0.15%

Holdings 407 8

Net assets $9.0bn $7.2bn

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

About ICSH

ICSH is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +3.5% with distributions reinvested. The prospectus expense ratio is 0.08% 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, ICSH or TFLO?: In the year to Oct 20, 2026, with distributions reinvested, ICSH returned +3.5% and TFLO +4.0%.
Which is cheaper, ICSH or TFLO?: ICSH is cheaper, by 0.07 percentage points a year. That is about $7 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

ICSH vs TBIL BSCR vs ICSH BILS vs ICSH ICSH vs VNLA TFLO vs VUSB FLOT vs TFLO TFLO vs VBIL TFLO vs USFR

ICSH on its own →TFLO on its own →Hold both: look the portfolio through →Rankings →ICSH dividend history →ICSH holdings →TFLO dividend history →TFLO holdings →Standards and sources →

Where these figures came from

ICSH filings on SEC EDGAR ↗ICSH prospectus with the expense ratio (SEC) ↗iShares page for ICSH ↗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, ICSH against TFLO, data as of Oct 20, 2026. https://etfiq.com/compare/any/icsh-vs-tflo

Open data

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