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AFRAX vs. FFRHX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between AFRAX and FFRHX is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.7

Performance

AFRAX vs. FFRHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Floating Rate ESG Fund (AFRAX) and Fidelity Floating Rate High Income Fund (FFRHX). The values are adjusted to include any dividend payments, if applicable.

0.00%1.00%2.00%3.00%4.00%5.00%6.00%AugustSeptemberOctoberNovemberDecember2025
3.50%
6.07%
AFRAX
FFRHX

Key characteristics

Sharpe Ratio

AFRAX:

2.71

FFRHX:

4.11

Sortino Ratio

AFRAX:

7.53

FFRHX:

13.83

Omega Ratio

AFRAX:

2.47

FFRHX:

4.25

Calmar Ratio

AFRAX:

10.30

FFRHX:

13.59

Martin Ratio

AFRAX:

43.16

FFRHX:

69.80

Ulcer Index

AFRAX:

0.18%

FFRHX:

0.17%

Daily Std Dev

AFRAX:

2.82%

FFRHX:

2.84%

Max Drawdown

AFRAX:

-36.01%

FFRHX:

-22.19%

Current Drawdown

AFRAX:

-0.15%

FFRHX:

-0.11%

Returns By Period

Over the past 10 years, AFRAX has underperformed FFRHX with an annualized return of 4.32%, while FFRHX has yielded a comparatively higher 5.58% annualized return.


AFRAX

YTD

-0.15%

1M

0.87%

6M

3.50%

1Y

7.48%

5Y*

4.71%

10Y*

4.32%

FFRHX

YTD

0.00%

1M

0.66%

6M

6.06%

1Y

11.74%

5Y*

6.76%

10Y*

5.58%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


AFRAX vs. FFRHX - Expense Ratio Comparison

AFRAX has a 1.04% expense ratio, which is higher than FFRHX's 0.67% expense ratio.


AFRAX
Invesco Floating Rate ESG Fund
Expense ratio chart for AFRAX: current value at 1.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.04%
Expense ratio chart for FFRHX: current value at 0.67% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.67%

Risk-Adjusted Performance

AFRAX vs. FFRHX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AFRAX
The Risk-Adjusted Performance Rank of AFRAX is 9797
Overall Rank
The Sharpe Ratio Rank of AFRAX is 9393
Sharpe Ratio Rank
The Sortino Ratio Rank of AFRAX is 9797
Sortino Ratio Rank
The Omega Ratio Rank of AFRAX is 9797
Omega Ratio Rank
The Calmar Ratio Rank of AFRAX is 9898
Calmar Ratio Rank
The Martin Ratio Rank of AFRAX is 9898
Martin Ratio Rank

FFRHX
The Risk-Adjusted Performance Rank of FFRHX is 9999
Overall Rank
The Sharpe Ratio Rank of FFRHX is 9898
Sharpe Ratio Rank
The Sortino Ratio Rank of FFRHX is 9999
Sortino Ratio Rank
The Omega Ratio Rank of FFRHX is 9999
Omega Ratio Rank
The Calmar Ratio Rank of FFRHX is 9898
Calmar Ratio Rank
The Martin Ratio Rank of FFRHX is 9999
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

AFRAX vs. FFRHX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Floating Rate ESG Fund (AFRAX) and Fidelity Floating Rate High Income Fund (FFRHX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for AFRAX, currently valued at 2.72, compared to the broader market-1.000.001.002.003.004.002.724.11
The chart of Sortino ratio for AFRAX, currently valued at 7.62, compared to the broader market0.005.0010.007.6213.83
The chart of Omega ratio for AFRAX, currently valued at 2.52, compared to the broader market1.002.003.004.002.524.25
The chart of Calmar ratio for AFRAX, currently valued at 10.30, compared to the broader market0.005.0010.0015.0020.0010.3013.59
The chart of Martin ratio for AFRAX, currently valued at 43.58, compared to the broader market0.0020.0040.0060.0080.0043.5869.80
AFRAX
FFRHX

The current AFRAX Sharpe Ratio is 2.71, which is lower than the FFRHX Sharpe Ratio of 4.11. The chart below compares the historical Sharpe Ratios of AFRAX and FFRHX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio2.503.003.504.004.50AugustSeptemberOctoberNovemberDecember2025
2.72
4.11
AFRAX
FFRHX

Dividends

AFRAX vs. FFRHX - Dividend Comparison

AFRAX's dividend yield for the trailing twelve months is around 9.19%, less than FFRHX's 11.06% yield.


TTM20242023202220212020201920182017201620152014
AFRAX
Invesco Floating Rate ESG Fund
9.19%9.18%8.62%6.89%3.84%4.13%5.52%4.59%4.02%4.43%5.24%4.40%
FFRHX
Fidelity Floating Rate High Income Fund
11.06%11.06%10.34%6.41%3.27%3.85%5.17%5.50%4.01%3.94%4.25%4.00%

Drawdowns

AFRAX vs. FFRHX - Drawdown Comparison

The maximum AFRAX drawdown since its inception was -36.01%, which is greater than FFRHX's maximum drawdown of -22.19%. Use the drawdown chart below to compare losses from any high point for AFRAX and FFRHX. For additional features, visit the drawdowns tool.


-0.80%-0.60%-0.40%-0.20%0.00%AugustSeptemberOctoberNovemberDecember2025
-0.15%
-0.11%
AFRAX
FFRHX

Volatility

AFRAX vs. FFRHX - Volatility Comparison

Invesco Floating Rate ESG Fund (AFRAX) has a higher volatility of 1.01% compared to Fidelity Floating Rate High Income Fund (FFRHX) at 0.75%. This indicates that AFRAX's price experiences larger fluctuations and is considered to be riskier than FFRHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.20%0.40%0.60%0.80%1.00%AugustSeptemberOctoberNovemberDecember2025
1.01%
0.75%
AFRAX
FFRHX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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