QPON vs FLOT: Which ETF Is Better?
A side-by-side comparison of fees, size, returns and holdings, using data to 30 September 2026.
QPON comes out ahead on 7 of 7 measures. Which matters most depends on you.
The short answer
Bigger funds usually trade more cheaply and are less likely to close.
QPON vs FLOT side by side
| QPON leads on 7, FLOT on 0 | QPONBetashares Australian Bank Senior Floating Rate Bond ETF | FLOTVanEck Australian Floating Rate ETF |
|---|---|---|
| The basics | ||
| Index tracked | See the PDS | Bloomberg AusBond Credit FRN 0+ Yr Index |
| Fund manager | Betashares | VanEck |
| Asset class | Australian bonds | Australian bonds |
| Listed | Jun 2017 | Jul 2017 |
| Cost and size | ||
| MERyearly fee, lower is better | 0.22% | 0.22% |
| AUMfund size | $2.4bnβ | $1.3bn |
| Net flows (Sep)new money in, last month | $147mβ | $49m |
| Bid/ask spreadtrading cost, lower is better | 0.04% | 0.05% |
| Total returns | ||
| 1 month | +0.3% | +0.3% |
| 1 year | +4.6%β | +4.3% |
| 3 years p.a. | +5.0%β | +4.7% |
| 5 years p.a. | +3.8%β | +3.5% |
| $10,000 invested | ||
| 1 year ago | $10,460β | $10,431 |
| 5 years ago | $12,060β | $11,896 |
β marks the better figure on each measure. Returns include distributions, to 30 September 2026.
QPON vs FLOT price chart
Both ETFs on one chart as % change. Use the 1D to All buttons to change the period. Price only, so it leaves out distributions Β· TradingView
What $10,000 invested is worth now
$10,000 put into QPON 5 years ago is worth $12,060 today, against $11,896 in FLOT. That is $164 more in QPON.
Total returns to 30 September 2026, with distributions reinvested, before tax and brokerage. The price chart above leaves out distributions, so it can look worse. Past performance is not a reliable indicator of future performance.
What the fees cost you
QPON and FLOT charge the same fee, so fees make no difference between them.
Total fees paid on a $100,000 investment, assuming a 7% a year return before fees. Illustration only: it ignores tax, brokerage and differences in returns.
QPON and FLOT overlap
1 companies appear in both funds. Overlap is the share of the portfolio that is the same in both, counting the smaller weight of each shared company.
| Biggest shared holdings | % of QPON | % of FLOT |
|---|---|---|
| 100.00% | 100.00% |
Add more ETFs and see the overlap in Compare ETFs β
Best-endeavours estimate. Built from each issuer's published holdings, which may be weeks or months old, may cover only part of a fund (some publish only their top 10) and are matched by company name. Figures may be incomplete or inaccurate. Check the issuer's website and PDS before relying on them. General information only.
Get the full QPON vs FLOT report
- Every holding of each ETF: the top 50 companies, with sectors and countries
- Exactly which companies they share, and how much of each
- Fees in dollars over 10, 20 and 30 years
- Every metric side by side, including the index each tracks
- β FREE BONUSIs now a good time to invest? The Market Health-O-Meter

FAQs
Which is better, QPON or FLOT?
It depends on what you need. On our numbers QPON wins on 7 measures and FLOT on 0. QPON is the larger fund at $2.4bn vs $1.3bn. QPON has the better 1-year return: +4.6% vs +4.3%. QPON has the better 3-year return: +5.0% a year vs +4.7%.
Which is cheaper, QPON or FLOT?
QPON charges 0.22% a year and FLOT charges 0.22% a year.
Can I hold both QPON and FLOT?
You can, but check how much they overlap. QPON is a Australian bonds fund and FLOT is a Australian bonds fund.
More comparisons
General information only, not a recommendation. Past performance is not a reliable indicator of future performance.