FLRNvsBNDWETF Comparison
ETF 1
FLRN
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
This fund is part of
US Corporate IG Bonds
-0.16%
VS
State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) belongs to the US Corporate IG Bonds segment. Vanguard Total World Bond ETF (BNDW) is part of the Intl IG Bonds segment. FLRN's top 3 sector exposures are Finance, Consumer Cyclicals and Industrials. In contrast, BNDW's top sector exposures are Sovereign, Finance and Industrials. FLRN is more expensive with a Total Expense Ratio (TER) of 0.15%, versus 0.05% for BNDW. FLRN is up 3.43% year-to-date (YTD) with +$443M in YTD flows. BNDW performs worse with -0.55% YTD performance, and +$406M in YTD flows. Run a side-by-side ETF comparison of FLRN and BNDW below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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FLRN vs BNDW performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/23/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FLRN BNDW | +0.33%+0.89% | +1.04%-0.33% | +3.43%-0.55% | +4.33%-0.96% | +16.94%+14.49% | +24.53%-0.45% |
| Flows | FLRN BNDW | +$6M+$1K | +$83M+$64M | +$443M+$406M | +$495M+$530M | +$706M+$1.29B | +$694M+$1.49B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FLRN BNDW | +0.16%+4.05% | +0.17%+3.67% | +0.23%+4.22% | +0.37%+5.32% |
| Max drawdown | FLRN BNDW | n/a-2.55% | n/a-3.83% | -0.19%-3.83% | -0.82%-16.31% |
| Max drawdown duration | FLRN BNDW | n/a59d | n/a236d | 21d236d | 318d1529d |
Trading data
FLRN | BNDW | |
Last sale 10/26/2026 at 1:30 PM | $30.81 | $66.66 |
| Previous close 10/23/2026 | $30.81 | $66.62 |
| Consolidated volume 10/23/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 30, 2026
1-year trailing difference
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FLRN | BNDW | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 10/26/2026 at 1:30 PM
Live
Closed
FLRN | BNDW | |
|---|---|---|
| Last price | $30.81 | $66.66 |
| 1D performance | +0.00% | +0.06% |
| AuM | $3.15 B | $1.92 B |
| E/R | 0.15% | 0.05% |
Characteristics
FLRN | BNDW | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | State Street Investment Management | Vanguard |
| Benchmark | Bloomberg U.S. Floating Rate Note < 5 Years Index | Bloomberg Global Aggregate Float Adjusted Composite Index |
| N° of holdings | 522 | 16211 |
| Asset class | Fixed Income | Fixed Income |
| Trailing 12m distribution yield | Join | Join |
| Inception date | November 30, 2011 | September 4, 2018 |
| ESG | No | No |
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Exposure
Countries
FLRN
USA
47.02%
United Kingdom
7.79%
Australia
7.62%
Other
37.57%
BNDW
USA
40.46%
Other
59.54%
Sectors
FLRN
Finance
79.21%
Other
20.79%
BNDW
Sovereign
56.14%
Finance
15.03%
Other
28.83%
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Diversification
FLRN
Total weight of top 15 holdings out of 15
11.59%
BNDW
Total weight of top 15 holdings out of 15
3.2%
Top 15 holdings
Data as of August 31, 2026
FLRN
EBRD, FRN 20feb2028, USD
1.22%
IBRD, FRN 19aug2027, USD (101196)
1.02%
EBRD, FRN 22jul2030, USD
0.85%
IBRD, FRN 12jan2027, USD (101643)
0.85%
EBRD, FRN 16feb2029, USD
0.84%
KBN (Kommunalbanken), FRN 9apr2029, USD (5621)
0.80%
IBRD, FRN 15jun2027, USD (102047)
0.72%
Inter-American Development Bank (IDB), FRN 5oct2028, USD (886)
0.71%
KBN (Kommunalbanken), FRN 3mar2028, USD (5596)
0.71%
Inter-American Development Bank (IDB), FRN 20mar2028, USD (790)
0.68%
Inter-American Development Bank (IDB), FRN 4oct2027, USD
0.66%
Inter-American Development Bank (IDB), FRN 1aug2029, USD (934)
0.65%
IFC, FRN 28aug2028, USD (2673)
0.65%
Inter-American Development Bank (IDB), FRN 13mar2030, USD (980)
0.62%
IBRD, FRN 22nov2028, USD (101447)
0.61%
BNDW
DE000F3A9EV9
0.36%
USA, Notes 3.5% 31jan2028, USD (U-2028)
0.24%
USA, Notes 4.25% 15nov2034, USD (F-2034)
0.21%
USA, Notes 4.375% 15may2034, USD (C-2034)
0.21%
USA, Notes 3.375% 30nov2027, USD (BL-2027)
0.21%
USA, Notes 4.625% 15feb2035, USD (B-2035)
0.21%
USA, Notes 3.875% 15aug2034, USD (E-2034)
0.21%
USA, Notes 4% 15feb2034, USD (B-2034)
0.20%
United Kingdom, Gilt 4.125% 7mar2031, GBP
0.20%
USA, Notes 4.125% 15feb2036, USD (B-2036)
0.20%
USA, Notes 4.25% 15aug2035, USD (E-2035)
0.20%
USA, Notes 4.5% 15nov2033, USD (F-2033)
0.19%
France, OAT 2.7% 25feb2031, EUR
0.18%
USA, Notes 4.25% 15may2035, USD (C-2035)
0.18%
USA, Notes 3.875% 15aug2033, USD (E-2033)
0.18%
Frequently asked questions about FLRN and BNDW
How have the FLRN and BNDW ETFs performed in 2026?
As of October 23, 2026, FLRN is up 3.43% year-to-date (YTD), while BNDW has lost -0.55%. That puts FLRN better performer ahead so far this year.
Which ETF is attracting more investor money: FLRN or BNDW?
Year-to-date, the FLRN ETF saw +$443M in flows, compared to +$406M for BNDW.
Which ETF is more volatile: FLRN or BNDW?
Over the past year, FLRN had a volatility of 0.17%, while BNDW experienced 3.67%.
Which ETF is bigger: FLRN or BNDW?
As of October 23, 2026, FLRN holds $3.15 B in assets under management (AUM), while BNDW manages $1.92 B.
What sectors do the FLRN and BNDW ETFs invest in?
FLRN leans toward sectors like Finance. Meanwhile, BNDW focuses on Sovereign and Finance.
What are the top holdings of the FLRN ETF and BNDW ETF?
FLRN top holdings include EBRD, FRN 20feb2028, USD, IBRD, FRN 19aug2027, USD (101196) and EBRD, FRN 22jul2030, USD. BNDW holds in its top three: DE000F3A9EV9, USA, Notes 3.5% 31jan2028, USD (U-2028) and USA, Notes 4.25% 15nov2034, USD (F-2034).
Which ETF is more diversified: FLRN or BNDW?
FLRN holds 543 securities with 11.59% of its assets in the top 15. BNDW has 21712 securities and a top 15 weight of 3.2%.
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