βš”οΈ Head to head

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.

Underneath, they are 100% the same. With holdings this similar, the fee and size are usually what separate them.

The short answer

πŸ’ΈLower feeToo close to call
QPON
0.22%
FLOT
0.22%
🏦Bigger fundQPON wins
QPON
$2.4bn
FLOT
$1.3bn

Bigger funds usually trade more cheaply and are less likely to close.

πŸ“ˆ1-year returnQPON wins
QPON
+4.6%
FLOT
+4.3%
πŸ“Š3-year returnQPON wins
QPON
+5.0% a yr
FLOT
+4.7% a yr
🏁5-year returnQPON wins
QPON
+3.8% a yr
FLOT
+3.5% a yr
βš–οΈCheaper to tradeToo close to call
QPON
0.04%
FLOT
0.05%

QPON vs FLOT side by side

QPON leads on 7, FLOT on 0QPONBetashares Australian Bank Senior Floating Rate Bond ETFFLOTVanEck Australian Floating Rate ETF
The basics
Index trackedSee the PDSBloomberg AusBond Credit FRN 0+ Yr Index
Fund managerBetasharesVanEck
Asset classAustralian bondsAustralian bonds
ListedJun 2017Jul 2017
Cost and size
MERyearly fee, lower is better0.22%0.22%
AUMfund size$2.4bnβœ“$1.3bn
Net flows (Sep)new money in, last month$147mβœ“$49m
Bid/ask spreadtrading cost, lower is better0.04%0.05%
Total returns
1 month+0.3%+0.3%
1 year+4.6%βœ“+4.3%
3 years p.a.+5.0%βœ“+4.7%
5 years p.a.+3.8%βœ“+3.5%
$10,000 invested
1 year ago$10,460βœ“$10,431
5 years ago$12,060βœ“$11,896

βœ“ 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

πŸ“ˆ Growth

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.

QPONFLOT$10,000 invested
$0k$4k$8k$12k$16k$10.5k$10.4k1 year agoQPON +$29$11.6k$11.5k3 years agoQPON +$114$12.1k$11.9k5 years agoQPON +$164

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.

πŸ’Έ Cost

What the fees cost you

QPON and FLOT charge the same fee, so fees make no difference between them.

QPON charges 0.22% a yearFLOT charges 0.22% a year
🧾 Fees paid on $100,000Saving
5 years
QPON
βˆ’$1,436
FLOT
βˆ’$1,436
Same cost
10 years
QPON
βˆ’$4,007
FLOT
βˆ’$4,007
Same cost
20 years
QPON
βˆ’$15,606
FLOT
βˆ’$15,606
Same cost

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

100%portfolio overlap (very high: holding both adds little diversification)

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.

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  • 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
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Joshua Stega
etfadviserExchange traded fund specialist adviser Β· 20 years’ experience
Keep in touch with the marketsWeekly ETF research, the Market Health-O-Meter and our model portfolio.Try it free for 30 days β†’

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.

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Add more ETFs to this comparison β†’

General information only, not a recommendation. Past performance is not a reliable indicator of future performance.