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TFLRvsNHYBETF Comparison

ETF 1
TFLR

T. Rowe Price Floating Rate ETF

This fund is part of
US Corporate HY Bonds
-0.14%
VS
ETF 2
NHYB

Nuveen High Yield Corporate Bond ETF

This fund is part of
US Corporate HY Bonds
-0.14%

T. Rowe Price Floating Rate ETF (TFLR) and Nuveen High Yield Corporate Bond ETF (NHYB) belong to the same industry segment: US Corporate HY Bonds. In contrast, NHYB's top sector exposures are Finance, Industrials and Consumer Services. TFLR is more expensive with a Total Expense Ratio (TER) of 0.61%, versus 0.08% for NHYB. TFLR is up 2.77% year-to-date (YTD) with +$421M in YTD flows. NHYB performs worse with 0.51% YTD performance, and +$281M in YTD flows. Run a side-by-side ETF comparison of TFLR and NHYB 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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TFLR vs NHYB performance and flow charts

Performance

-1.5-1.0-0.50.0%Sep 15Sep 22Sep 29Oct 6Oct 13

Cumulative Flows

0 M10 M20 M30 M40 M50 M60 M70 MSep 15Sep 22Sep 29Oct 6Oct 13

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 10/15/2026
1M3MYTD1Y3Y5Y
Perf.
TFLR
NHYB
-0.31%-1.38%
+0.89%-1.69%
+2.77%+0.51%
+4.54%+2.09%
+23.08%n/a
n/an/a
Flows
TFLR
NHYB
+$69M+$58M
+$203M+$148M
+$421M+$281M
+$479M+$1.77B
+$768M-
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
TFLR
NHYB
+0.81%+2.90%
+1.27%+2.64%
+1.34%n/a
n/an/a
Max drawdown
TFLR
NHYB
-0.60%-2.80%
-1.62%-2.80%
-2.25%n/a
n/an/a
Max drawdown duration
TFLR
NHYB
23d50d
87d50d
64dn/a
n/an/a
Trading data

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TFLR
NHYB
Last sale
10/19/2026 at 1:30 PM
$50.36
$23.83
Previous close
10/16/2026
$50.35
$23.81
Consolidated volume
10/16/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of October 19, 2026
1-year trailing difference

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TFLR
is actively managed and doesn’t replicate an index

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TFLR
NHYB
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 10/19/2026 at 1:30 PM
Live
Closed
TFLR
NHYB
Last price
$50.36
$23.83
1D performance
+0.01%
+0.08%
AuM$860.57 M$1.79 B
E/R0.61%0.08%
Characteristics
TFLR
NHYB
Management strategyActivePassive
ProviderT. Rowe PriceNuveen
Benchmark-ICE BofA BB-B US Cash Pay High Yield Constrained Index
N° of holdings-1649
Asset class--
Trailing 12m distribution yield
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Inception dateNovember 16, 2022September 24, 2025
ESGNoNo
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Exposure

Countries

TFLR
Data will be available soon
NHYB
USA
87.2%
Other
12.8%

Sectors

TFLR
Data will be available soon
NHYB
Finance
17%
Industrials
11.65%
Consumer Services
11.6%
Energy
9.73%
Non-Energy Materi.
8.63%
Business Services
7.13%
Other
34.26%
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Diversification

TFLR
Data will be available soon
NHYB

Total weight of top 15 holdings out of 15

4.75%

Top 15 holdings

Data as of January 1, 1970
TFLR
Data will be available soon
NHYB
Meridian Arc HoldCo, 6.25% 30apr2031, USD
0.48%
1261229 B.C., 10% 15apr2032, USD
0.46%
EchoStar, 10.75% 30nov2029, USD
0.41%
PR RNO Property Owner 1, 6.5% 1may2031, USD
0.34%
Centene, 2.625% 1aug2031, USD
0.33%
Galaxy Helios Data Center II, 9.875% 1aug2031, USD
0.31%
Cloud Software Group, 9% 30sep2029, USD
0.29%
CCO Holdings, 4.25% 1feb2031, USD
0.29%
SV RNO Property Owner 1, 5.875% 1mar2031, USD
0.28%
Quikrete Holdings, 6.375% 1mar2032, USD
0.28%
Venture Global LNG, 9.5% 1feb2029, USD
0.28%
Cloud Software Group, 6.5% 31mar2029, USD
0.27%
Stingray Compute, 6% 15jun2031, USD
0.25%
Centene, 2.45% 15jul2028, USD
0.25%
Venture Global Plaquemines LNG, 6.75% 15jan2036, USD
0.24%
Frequently asked questions about TFLR and NHYB

How have the TFLR and NHYB ETFs performed in 2026?

As of October 15, 2026, TFLR is up 2.77% year-to-date (YTD), while NHYB has returned 0.51%. That puts TFLR better performer ahead so far this year.

Which ETF is attracting more investor money: TFLR or NHYB?

Year-to-date, the TFLR ETF saw +$421M in flows, compared to +$281M for NHYB.

Which ETF is more volatile: TFLR or NHYB?

Over the past year, TFLR had a volatility of 1.27%, while NHYB experienced 2.64%.

Which ETF is bigger: TFLR or NHYB?

As of October 15, 2026, TFLR holds $860.57 M in assets under management (AUM), while NHYB manages $1.79 B.

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