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ETFs

iShares Treasury Floating Rate Bond ETF

TFLO
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Feb 03 2014
Expense Ratio
0.15%
Type
US Bonds
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$79,348,903
AUM
$10,301,003,838
Associated Index
Bloomberg US Treasury Floating Rate Bond Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
TREASURY FLOATING RATE NOTE
19.48%
n/a
TREASURY FLOATING RATE NOTE
13.97%
n/a
TREASURY FLOATING RATE NOTE
13.89%
n/a
TREASURY FLOATING RATE NOTE
12.55%
n/a
TREASURY FLOATING RATE NOTE
12.37%
n/a
TREASURY FLOATING RATE NOTE
11.04%
n/a
TREASURY FLOATING RATE NOTE
9.99%
n/a
TREASURY FLOATING RATE NOTE
6.68%
XTSLA
BLK CSH FND TREASURY SL AGENCY
0.03%
n/a
USD CASH
-0.00%
Invest with TFLO

What is TFLO?

The iShares Treasury Floating Rate Bond ETF (the Fund ) seeks to track the investment results of an index composed of U.S. Treasury floating rate bonds.

ETFs related toTFLO

ETFs correlated to TFLO include BIL, BILS, USFR

TFLO
BlackRock Institutional Trust Company N.A. - iShares Treasury Floating Rate Bond ETF
BIL
SPDR Series Trust - SPDR Bloomberg 1-3 Month T-Bill ETF
BILS
SPDR Series Trust - SPDR Bloomberg 3-12 Month T-Bill ETF
USFR
WisdomTree Trust - WisdomTree Floating Rate Treasury Fund
CLIP
Global X Funds - Global X 1-3 Month T-Bill ETF
BILZ
Pimco Exchange Traded Fund - PIMCO Ultra Short Government Active Exchange-Traded Fund
TBLL
Invesco Capital Management LLC - Invesco Short Term Treasury ETF
XBIL
Rbb Fund Inc - US Treasury 6 Month Bill ETF
GBIL
Goldman Sachs ETF Trust - Goldman Sachs Access Treasury 0-1 Year ETF
SGOV
iShares Trust - iShares 0-3 Month Treasury Bond ETF
SHV
BlackRock Institutional Trust Company N.A. - iShares Short Treasury Bond 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 toTFLO

#DB

Diversification at its Best

Category

Tactical Asset Allocation, Be Risk Aware, Diversification

Risk Rating

Moderate

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with TFLO using Composer

FAQ

TFLO is a US Bonds ETF. The iShares Treasury Floating Rate Bond ETF (the Fund ) seeks to track the investment results of an index composed of U.S. Treasury floating rate bonds.

TFLO tracks the Bloomberg US Treasury Floating Rate Bond Index.

No, TFLO 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, TFLO 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 TFLO is 0.0042%. This is the percent change in the value of TFLO over the most recent 1-month period. The 3-month return on TFLO is 0.0134%. This is the percent change in the value of TFLO over the most recent 3-month period.

The standard deviation of TFLO for the past year is 0.0123%. 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 TFLO include SHY, SPTL, and TLT.

ETFs correlated to TFLO include BIL, BILS, and USFR.

ETFs that are inversely correlated to TFLO include JMHI, PYLD, and GJUL.

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.