Ishares Floating Rate Etf Profile
| FLOT Etf | USD 50.90 0.02 0.04% |
Performance55 of 100
| Odds Of DistressLess than 9
|
IShares Floating is selling for under 50.90 as of the 5th of May 2024; that is 0.04 percent up since the beginning of the trading day. The etf's last reported lowest price was 50.89. IShares Floating has less than a 9 % chance of experiencing financial distress in the next few years and had a excellent performance during the last 90 days. Equity ratings for iShares Floating Rate are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of March 2024 and ending today, the 5th of May 2024. Click here to learn more.
The fund will invest at least 80 percent of its assets in the component securities of the underlying index, and the fund will invest at least 90 percent of its assets in fixed income securities of the types included in the underlying index that BFA believes will help the fund track the underlying index. More on iShares Floating Rate
Moving together with IShares Etf
| 0.96 | BIL | SPDR Bloomberg 1 | PairCorr |
| 1.0 | SHV | iShares Short Treasury | PairCorr |
| 0.95 | JPST | JPMorgan Ultra Short | PairCorr |
| 0.99 | USFR | WisdomTree Floating Rate | PairCorr |
| 0.95 | ICSH | iShares Ultra Short | PairCorr |
| 0.99 | FTSM | First Trust Enhanced | PairCorr |
| 0.96 | SGOV | iShares 0 3 | PairCorr |
Moving against IShares Etf
| 0.64 | BND | Vanguard Total Bond | PairCorr |
IShares Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. IShares Floating's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding IShares Floating or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Old Name | Lyxor UCITS Barclays Floating Rate Euro 0-7Yr |
| Business Concentration | RTSI Index, Broad Debt ETFs, Investment Grade ETFs, Ultrashort Bond, iShares (View all Sectors) |
| Issuer | iShares |
| Inception Date | 2011-06-14 |
| Benchmark | Bloomberg US Floating Rate Note < 5 Years Index (USD) |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 7.32 Billion |
| Average Trading Valume | 1.27 Million |
| Asset Type | Fixed Income |
| Category | Broad Debt |
| Focus | Investment Grade |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | State Street Bank and Trust Company |
| Advisor | BlackRock Fund Advisors |
| Custodian | State Street Bank and Trust Company |
| Distributor | BlackRock Investments, LLC |
| Portfolio Manager | James Mauro, Karen Uyehara |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Oct |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 348 |
| Market Maker | Virtu Financial |
| Total Expense | 0.15 |
| Management Fee | 0.15 |
| Country Name | USA |
| Returns Y T D | 2.56 |
| Name | iShares Floating Rate Bond ETF |
| Currency Code | USD |
| Open Figi | BBG001QWVB81 |
| In Threey Volatility | 1.1 |
| 1y Volatility | 0.24 |
| 200 Day M A | 50.7978 |
| 50 Day M A | 50.9572 |
| Code | FLOT |
| Updated At | 4th of May 2024 |
| Currency Name | US Dollar |
iShares Floating Rate [FLOT] is traded in USA and was established 2011-06-14. The fund is listed under Ultrashort Bond category and is part of iShares family. The entity is thematically classified as Broad Debt ETFs. iShares Floating Rate currently have 9.3 B in assets under management (AUM). , while the total return for the last 3 years was 3.4%.
Check IShares Floating Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on IShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding IShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as iShares Floating Rate Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
IShares Floating Target Price Odds Analysis
Attributed to a normal probability distribution, the odds of IShares Floating jumping above the current price in 90 days from now is nearly 4.78%. The iShares Floating Rate probability density function shows the probability of IShares Floating etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days IShares Floating has a beta of 0.0103. This usually indicates as returns on the market go up, IShares Floating average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding iShares Floating Rate will be expected to be much smaller as well. Additionally, iShares Floating Rate has an alpha of 0.0181, implying that it can generate a 0.0181 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of IShares Floating to move above the current price in 90 days from now is nearly 4.78 (This iShares Floating Rate probability density function shows the probability of IShares Etf to fall within a particular range of prices over 90 days) .
IShares Floating Top Holders
| BMSKX | Blackrock Credit Strategies | Mutual Fund | Multisector Bond |
| RSXJ | Van Eck | Etf | Miscellaneous Region |
| MCRO | IndexIQ | Etf | World Allocation |
| BMSIX | Blackrock Secured Credit | Mutual Fund | Multisector Bond |
| ACMDX | Absolute Capital Defender | Mutual Fund | Tactical Allocation |
| BMSAX | Blackrock Secured Credit | Mutual Fund | Multisector Bond |
| BMSCX | Blackrock Secured Credit | Mutual Fund | Multisector Bond |
iShares Floating Rate Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. IShares Floating market risk premium is the additional return an investor will receive from holding IShares Floating long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IShares Floating. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although IShares Floating's alpha and beta are two of the key measurements used to evaluate IShares Floating's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.3194 | |||
| Jensen Alpha | 0.0181 | |||
| Total Risk Alpha | 0.0146 | |||
| Sortino Ratio | (1.09) |
IShares Floating Against Markets
Picking the right benchmark for IShares Floating etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in IShares Floating etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for IShares Floating is critical whether you are bullish or bearish towards iShares Floating Rate at a given time. Please also check how IShares Floating's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in IShares Floating without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy IShares Etf?
Before investing in IShares Floating, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in IShares Floating. To buy IShares Floating etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of IShares Floating. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase IShares Floating etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located iShares Floating Rate etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased iShares Floating Rate etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as iShares Floating Rate, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy IShares Etf please use our How to Invest in IShares Floating guide.
Already Invested in iShares Floating Rate?
The danger of trading iShares Floating Rate is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of IShares Floating is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than IShares Floating. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile iShares Floating Rate is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether iShares Floating Rate is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if IShares Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ishares Floating Rate Etf. Highlighted below are key reports to facilitate an investment decision about Ishares Floating Rate Etf: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in iShares Floating Rate. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
The market value of iShares Floating Rate is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Floating's value that differs from its market value or its book value, called intrinsic value, which is IShares Floating's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IShares Floating's market value can be influenced by many factors that don't directly affect IShares Floating's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IShares Floating's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Floating is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Floating's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.