FLOT vs VPU

iShares Floating Rate Bond ETF vs Vanguard Utilities ETF

Quick take
  • VPU has the lower expense ratio at 0.09% vs 0.15% for FLOT.
  • FLOT pays a higher dividend yield (4.53%).

Side-by-side metrics

MetricFLOTVPU
Expense ratio
Annual fee. Lower is better.
0.15%0.09%
Dividend yield
Trailing 12-month yield.
4.53%2.64%
AUM
Assets under management — bigger funds are typically more liquid.
$9.97B$10.76B
YTD return
2.25%7.24%
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.
0.000.50
P/E ratio
20.67
Last price
$50.98$195.52
Inception
Issuer
iSharesVanguard

FLOT top holdings

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

VPU top holdings

Top holdings · VPU
NEENextEra Energy Inc11.73%
SOSouthern Co6.71%
DUKDuke Energy Corp6.17%
CEGConstellation Energy Corp5.73%
AEPAmerican Electric Power Co Inc4.45%
DDominion Energy Inc3.80%
SRESempra3.76%
VSTVistra Corp3.51%
ETREntergy Corp3.23%
XELXcel Energy Inc3.21%
Sector breakdown · VPU
Utilities99.3%
Industrials0.2%
Energy0.5%

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 VPU

VPU (Vanguard Utilities ETF) is US utilities sector stocks. Managed by Vanguard, the fund carries $10.8B in assets under management, an expense ratio of 0.09%, a dividend yield of 2.64%. Its largest holding is NextEra Energy Inc (NEE), which represents 11.7% of the portfolio. Utilities is the fund's largest sector exposure at 99.3%.