Related: ETF Strategies to Navigate Rising Rate Conditions

As a result of the safe and conservative nature of floating rate bonds, investors should not expect high yields. Nevertheless, Treasury money market funds are so starved for yield that anything with an extra basis point or two and the quality and liquidity of a Treasury security will provide an attractive alternative.

FLOT charges 0.20% per year, or $20 on a $10,000 investment while FLRN’s annual expense ratio is 0.15%.

For more information on the fixed-income space, visit our bond ETFs category.