Floating Rate Loan ETF (BRLN) Performance
BRLN total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +1.5% since Dec 31, 2025
- 1 year
- +3.4% total return
- 3 years
- +5.9% a year
- Since first price
- +7.4% a year since 2022
BRLN trailing returns vs AGG, TLT, SPY
| Period | BRLN total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | −0.8% | −1.3% | +0.9% | +1.5% | −1.0% |
| 3 months | +0.5% | −1.0% | −0.4% | −1.0% | +3.2% |
| 6 months | +1.6% | −1.4% | −1.5% | −3.8% | +7.8% |
| YTD | +1.5% | −2.9% | −1.0% | −3.4% | +12.3% |
| 1 year | +3.4% | −2.6% | −1.1% | −6.9% | +14.4% |
| 3 years | +18.8%+5.9%/yr | −4.0% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| Since inceptionOct 6, 2022 | +33.2%+7.4%/yr | −0.8% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: BRLN vs AGG
From Oct 6, 2022: BRLN grew to $13,324, AGG to $11,526.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
BRLN returns by calendar year
3 of 3 full years positive. Best 2023 (+13.4%), worst 2025 (+5.4%). 2026 is year to date.
BRLN annual returns table
| Year | BRLN | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +1.5% | −2.0% | −1.0% | −3.4% | +12.3% |
| 2025 | +5.4% | −3.8% | +7.2% | +4.3% | +17.7% |
| 2024 | +7.5% | −1.0% | +1.3% | −8.1% | +24.9% |
| 2023 | +13.4% | −2.1% | +5.7% | +2.8% | +26.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
BRLN risk statistics
| Statistic | 3 years | Since 2022 |
|---|---|---|
| Annualized return | +6.1% | +7.8% |
| Volatility (annualized) | 2.0% | 2.6% |
| Sharpe ratio | 0.83 | 1.24 |
| Sortino ratio | 1.42 | 2.55 |
| Best month | +1.5% | +2.8% |
| Worst month | −0.8% | −0.8% |
| Best 12 months | +9.5% | +13.4% |
| Worst 12 months | +3.2% | +3.2% |
| Positive months | 81% | 81% |
| Beta vs S&P 500 | 0.10 | — |
| Correlation with S&P 500 | 0.59 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
BRLN rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 37 | +2.7% | +6.5% | +13.4% | 100% |
| 3-year (a year) | 13 | +5.8% | +7.2% | +9.0% | 100% |
Every holding period starting at a month-end since 2022. Returns for 3 years and longer are annualized.
BRLN performance overview
Floating Rate Loan ETF (BRLN) returned +3.4% over the past year, with distributions reinvested. Since its first recorded price in 2022 it has returned +7.4% a year, turning $10,000 into about $13,324. Over the same year U.S. bonds (AGG) returned −1.1%.
Related: BRLN chart, BRLN dividends, BRLN bond profile. See the BRLN overview for the latest quote and fund facts.
BRLN performance FAQ
What is the BRLN return over the past year?
BRLN returned +3.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 2.6%.
How much would $10,000 invested in BRLN be worth?
$10,000 invested in BRLN at its first recorded close on October 6, 2022 would be worth about $13,324 on October 23, 2026 with distributions reinvested.
What was the worst year for BRLN?
The worst calendar year was 2025, with a total return of +5.4%. The best was 2023 at +13.4%.
How volatile is BRLN?
Over the past 3 years BRLN had an annualized volatility of 2.0% and a Sharpe ratio of 0.83 (excess return over 1–3 month T-bills per unit of risk).