PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

BlackRock Floating Rate Income Strategies Fund Inc (FRA) Sharpe Ratio: -0.36

FRA's Sharpe Ratio of -0.36 indicates that for each unit of volatility, it generates -0.36 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Apr 4, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

FRA Sharpe Ratio Rank

FRA Sharpe Ratio Rank: 1.72
Concerning

FRA ranks above 1.7% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating weak returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Weak risk-adjusted returns relative to category peers
  • Evaluate whether this holding aligns with your risk-return objectives
  • Consider reducing exposure or re-evaluating position size
  • Review higher-ranked alternatives in the same category

FRA Sharpe Ratio Market Positioning

The chart shows FRA's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.74 or lower
  • Yellow zone (middle 50%): 0.74 to 1.49
  • Green zone (top 25%): 1.49 or higher
  • Top 1%: 3.57+
  • Median: 1.09 — half of all investments score higher

How it compares to other similar mutual funds

The table compares BlackRock Floating Rate Income Strategies Fund Inc's Sharpe Ratio with other mutual funds in the Bank Loan category across multiple time periods, showing how FRA's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Apr 4, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
CAPIXCalamos Aksia Alternative Credit and Income Fund Class I8.25
RCRIXRiverPark Floating Rate CMBS Fund3.22
PYFRXPayden Floating Rate Fund2.92
XPTFXFederated Hermes Project and Trade Finance Tender Fund2.50
DFLYXBNY Mellon Floating Rate Income Fund2.40
PLFRXPacific Funds Floating Rate Income2.08
SAMBXVirtus Seix Floating Rate High Income Fund1.99
DFRTXDWS Floating Rate Fund1.96
FRFZXPGIM Floating Rate Income Fund1.95
RPIFXT. Rowe Price Institutional Floating Rate Fund1.93
FRABlackRock Floating Rate Income Strategies Fund Inc-0.36

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows FRA's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when FRA consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

Loading graphics...

Explore FRA risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

FRA Sortino Ratio