FLOT vs JPST: Yield, Cost and Returns Compared
As of Nov 5, 2026, FLOT yields more: 4.27% (current yield) against 4.13% for JPST. FLOT is cheaper to own at 0.15% a year vs 0.18%. Over the same 9 years (May 2017 to Oct 2026), FLOT returned 3.2% a year with distributions reinvested, and JPST 3.0%.
| Compared | FLOT | JPST |
|---|---|---|
| YieldCurrent yield | 4.27% | 4.13% |
| Expense ratio | 0.15% | 0.18% |
| Total return, 1 yr | +4.2% | +3.5% |
| Total return, 3 yr (a year) | +5.3% | +4.9% |
| Total return, 5 yr (a year) | +4.5% | +3.9% |
| Total return, 10 yr (a year) | +3.1% | — |
| Worst drop since May 2017 | -4.2% | -1.7% |
| Share price since May 2017 | +0% | +1% |
| Pays | Monthly | Monthly |
| Issuer | iShares | JPMorgan |
| Assets | $11.7B | $42.5B |
| Started | 2011 | 2017 |
| Type | Ultra-short bond ETF | Ultra-short bond ETF |
Higher yield
FLOT
4.27%
Lower cost
FLOT
0.15%
Better total return
FLOT
3.2%/yr
Smaller worst drop
JPST
-1.7%
Key facts: FLOT vs JPST
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, FLOT yields 4.27% (current yield) and JPST yields 4.13% (current yield).
- FLOT's expense ratio is 0.15% and JPST's is 0.18%: $15 vs $18 a year on $10,000.
- From May 2017 to Oct 2026, $10,000 in FLOT grew to $13,444 (3.2% a year) and $10,000 in JPST to $13,217 (3.0% a year), distributions reinvested.
- Their worst month-end drops over that time: -4.2% for FLOT and -1.7% for JPST.
- 0 of FLOT's top ten holdings are also in JPST's top ten.
Cite this page
SmarterDividends, "FLOT vs JPST: Yield, Cost and Returns Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/flot-vs-jpst
$10,000 in each, May 2017 to Oct 2026
Distributions reinvested, month-end values.
FLOT became
$13,444
3.2% a year
JPST became
$13,217
3.0% a year
Year by year
| Year | FLOT | JPST |
|---|---|---|
| 2025 | +4.9% | +5.0% |
| 2024 | +6.5% | +5.6% |
| 2023 | +6.4% | +5.1% |
| 2022 | +1.3% | +1.1% |
| 2021 | +0.4% | +0.1% |
| 2020 | +0.9% | +2.2% |
| 2019 | +4.0% | +3.3% |
| 2018 | +1.5% | +2.2% |
Total return each calendar year, distributions reinvested.
What each holds and how it's taxed
- FLOT · Ultra-short bond ETF
- Holds short-term bonds, which can include corporate or asset-backed debt, for a little more yield than T-bills and a little more price movement.
- JPST · Ultra-short bond ETF
- Holds short-term bonds, which can include corporate or asset-backed debt, for a little more yield than T-bills and a little more price movement.
General information, not tax advice. Every cash fund by yield →
Top holdings
No overlap in the top ten.
FLOT
- XTSLA BlackRock Cash Funds Treasury SL Agency1.1%
JPST
- MGMXX JPMorgan US Government MMkt IM2.9%
FLOT vs JPST: questions
Is FLOT or JPST better?
It depends on the job. FLOT pays more today (4.27% vs 4.13%), FLOT costs less, and FLOT has the better total return over May 2017 to Oct 2026, with JPST holding up better in its worst stretch. For cash you may need soon, yield after tax and how easily you can get the money out matter more than past returns.
Which pays a higher dividend, FLOT or JPST?
FLOT, at 4.27% against 4.13% for JPST as of Nov 5, 2026. On $10,000 that's about $427 vs $413 a year at today's rates.
Which has the better total return?
FLOT. From May 2017 to Oct 2026, it returned 3.2% a year with distributions reinvested, against 3.0% for JPST. $10,000 became $13,444 vs $13,217.
Which is cheaper, FLOT or JPST?
FLOT, with a 0.15% expense ratio against 0.18%.
How are FLOT and JPST taxed?
FLOT: Holds short-term bonds, which can include corporate or asset-backed debt, for a little more yield than T-bills and a little more price movement. JPST: Holds short-term bonds, which can include corporate or asset-backed debt, for a little more yield than T-bills and a little more price movement. General information, not tax advice.
Do FLOT and JPST hold the same things?
Not at the top: none of their top ten holdings match.
Yields, costs and holdings as each fund reports them (via Yahoo Finance), updated daily; returns from month-end prices with distributions reinvested. FLOT leads on 5 of 6 measures above. For information only, not investment advice. Last fund data: Nov 5, 2026.