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ETFs

VanEck IG Floating Rate ETF

FLTR
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 25, 2011
Expense Ratio
0.14%
Type
US Bonds
Fund Owner
Van Eck Associates Corporation
Volume (1m avg. daily)
$9,308,527
AUM
$1,188,804,000
Associated Index
MVIS US Investment Grade Floating Rate Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

JPM5363497
Jpmorgan Chase & Co
2.87%
C5363459
Citigroup Inc
2.28%
BAC5354317
Bank Of America Corp
2.26%
n/a
Citigroup Inc
2.09%
n/a
Gldm Sachs Grp Medium Term Notes 2016-28.10.27 Global Series G Foating Rate
2.03%
n/a
Gldm Sachs Grp Medium Term Notes 2018-15.05.26 Global Series N Floating Rate
2.02%
FGXB
Mizuho Financial Group, Inc. - FR NT REDEEM 22/05/2026 USD 200000
2.01%
WFC5399346
Wells Fargo & Co
2.01%
n/a
General Electri Medium Term Notes 2006-5.5.26 Series A Tranche 742 Fltg Rt
2.00%
JPM5363495
Jpmorgan Chase & Co
1.98%
Invest with FLTR

What is FLTR?

VanEck IG Floating Rate ETF (FLTR) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS US Investment Grade Floating Rate Index (MVFLTR), which consists of U.S. dollar denominated floating rate notes issued by corporate issuers and rated investment grade.

ETFs related toFLTR

ETFs correlated to FLTR include FLOT, FLRN, VRIG

FLTR
VanEck ETF Trust - VanEck IG Floating Rate ETF
FLOT
BlackRock Institutional Trust Company N.A. - iShares Floating Rate Bond ETF
FLRN
SPDR Series Trust - SPDR Bloomberg Investment Grade Floating Rate ETF
VRIG
Invesco Capital Management LLC - Invesco Variable Rate Investment Grade ETF
FPEI
First Trust Exchange-Traded Fund III - First Trust Institutional Preferred Securities and Income ETF
VRP
Invesco Capital Management LLC - Invesco Variable Rate Preferred ETF
FPE
First Trust Exchange-Traded Fund III - First Trust Preferred Securities and Income ETF
PREF
Principal Exchange-Traded Funds - Principal Spectrum Preferred Securities Active ETF
SRLN
SSgA Active Trust - SPDR Blackstone Senior Loan ETF
KBWB
Invesco Capital Management LLC - Invesco KBW Bank ETF
CTA
Simplify Exchange Traded Funds - Simplify Managed Futures Strategy ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toFLTR

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

#SD

Smarter Dividends

Category

Composer's Picks, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with FLTR using Composer

FAQ

FLTR is a US Bonds ETF. VanEck IG Floating Rate ETF (FLTR) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS US Investment Grade Floating Rate Index (MVFLTR), which consists of U.S. dollar denominated floating rate notes issued by corporate issuers and rated investment grade.

FLTR tracks the MVIS US Investment Grade Floating Rate Index.

No, FLTR is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, FLTR is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FLTR is 0.0064%. This is the percent change in the value of FLTR over the most recent 1-month period. The 3-month return on FLTR is 0.0185%. This is the percent change in the value of FLTR over the most recent 3-month period.

The standard deviation of FLTR for the past year is 0.0359%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to FLTR include IGSB, VCIT, and LQD.

ETFs correlated to FLTR include FLOT, FLRN, and VRIG.

ETFs that are inversely correlated to FLTR include OBIL, XBIL, and TUA.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.