FLRN and FLTR are much smaller, with $354.9 million and $97.5 million in assets, respectively, compared to FLOT, which has $3.7 billion in assets. However, FLRN and FLTR are cheaper than the iShares offering. FLRN has a 0.15% expense ratio and FLTR has a 0.19% expense ratio, compared to FLOT’s 0.20% expense ratio.
FLRN shows a modified duration of 0.12 years and comes with a 0.37% 30-day SEC yield. FLTR has a modified duration of 0.16 years and a 0.45% 30-day SEC yield.
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Max Chen contributed to this article.