FLOT vs HYG

iShares Floating Rate Bond ETF vs iShares iBoxx High Yield Corporate Bond ETF

Quick take
  • FLOT has the lower expense ratio at 0.15% vs 0.49% for HYG.
  • HYG pays a higher dividend yield (5.90%).

Side-by-side metrics

MetricFLOTHYG
Expense ratio
Annual fee. Lower is better.
0.15%0.49%
Dividend yield
Trailing 12-month yield.
4.53%5.90%
AUM
Assets under management — bigger funds are typically more liquid.
$9.97B$17.63B
YTD return
2.25%1.76%
1-year return
3-year return
Annualized.
5-year return
Annualized.
10-year return
Annualized.
Beta (3Y)
Volatility relative to the market. Closer to 1 = market-like.
0.000.66
P/E ratio
10.98
Last price
$50.98$79.83
Inception
Issuer
iSharesiShares

FLOT top holdings

Top holdings · FLOT
XTSLABlackRock Cash Funds Treasury SL Agency1.94%

HYG top holdings

Top holdings · HYG
XTSLABlackRock Cash Funds Treasury SL Agency0.84%
Sector breakdown · HYG
Real Estate0.4%
Utilities99.6%

About FLOT

FLOT (iShares Floating Rate Bond ETF) is Investment-grade floating rate corporate bonds. Managed by iShares, the fund carries $10.0B in assets under management, an expense ratio of 0.15%, a dividend yield of 4.53%. Its largest holding is BlackRock Cash Funds Treasury SL Agency (XTSLA), which represents 1.9% of the portfolio.

About HYG

HYG (iShares iBoxx High Yield Corporate Bond ETF) is US high-yield corporate bonds. Managed by iShares, the fund carries $17.6B in assets under management, an expense ratio of 0.49%, a dividend yield of 5.90%. Its largest holding is BlackRock Cash Funds Treasury SL Agency (XTSLA), which represents 0.8% of the portfolio. Real Estate is the fund's largest sector exposure at 0.4%.