FLOT vs RYLD

iShares Floating Rate Bond ETF vs Global X Russell 2000 Covered Call ETF

Quick take
  • FLOT has the lower expense ratio at 0.15% vs 0.60% for RYLD.
  • RYLD pays a higher dividend yield (6.81%).

Side-by-side metrics

MetricFLOTRYLD
Expense ratio
Annual fee. Lower is better.
0.15%0.60%
Dividend yield
Trailing 12-month yield.
4.53%6.81%
AUM
Assets under management — bigger funds are typically more liquid.
$9.97B$1.36B
YTD return
2.25%10.76%
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.
0.000.54
P/E ratio
18.65
Last price
$50.98$16.05
Inception
Issuer
iSharesGlobal X

FLOT top holdings

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

RYLD top holdings

Top holdings · RYLD
RSSLGlobal X Russell 2000 ETF102.91%
Sector breakdown · RYLD
Real Estate6.8%
Consumer Cyclical9.2%
Basic Materials4.4%
Consumer Defensive2.6%
Technology14.4%
Communication Services2.2%
Financial Services17.8%
Utilities2.8%
Industrials14.1%
Energy5.5%
Healthcare20.3%

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 RYLD

RYLD (Global X Russell 2000 Covered Call ETF) is Russell 2000 covered call strategy for income. Managed by Global X, the fund carries $1.4B in assets under management, an expense ratio of 0.60%, a dividend yield of 6.81%. Its largest holding is Global X Russell 2000 ETF (RSSL), which represents 102.9% of the portfolio. Real Estate is the fund's largest sector exposure at 6.8%.