BFRAX vs. FFRSX
Compare and contrast key facts about BlackRock Floating Rate Income Fund (BFRAX) and Federated Hermes Floating Rate Strat Inc Fund (FFRSX).
BFRAX is managed by BlackRock. It was launched on Nov 2, 1989. FFRSX is managed by Federated. It was launched on Dec 2, 2010.
Performance
BFRAX vs. FFRSX - Performance Comparison
Loading graphics...
BFRAX vs. FFRSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BFRAX BlackRock Floating Rate Income Fund | -1.16% | 5.35% | 8.12% | 9.94% | -1.43% | 3.59% | 2.39% | 8.60% | -0.74% | 3.10% |
FFRSX Federated Hermes Floating Rate Strat Inc Fund | -0.72% | 5.61% | 6.71% | 8.04% | -5.85% | 3.73% | 0.45% | 6.71% | 0.38% | 3.54% |
Returns By Period
In the year-to-date period, BFRAX achieves a -1.16% return, which is significantly lower than FFRSX's -0.72% return. Over the past 10 years, BFRAX has outperformed FFRSX with an annualized return of 4.35%, while FFRSX has yielded a comparatively lower 3.41% annualized return.
BFRAX
- 1D
- 0.11%
- 1M
- 0.21%
- YTD
- -1.16%
- 6M
- 0.13%
- 1Y
- 4.08%
- 3Y*
- 6.28%
- 5Y*
- 4.55%
- 10Y*
- 4.35%
FFRSX
- 1D
- 0.00%
- 1M
- 0.12%
- YTD
- -0.72%
- 6M
- 0.69%
- 1Y
- 3.97%
- 3Y*
- 5.64%
- 5Y*
- 3.15%
- 10Y*
- 3.41%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BFRAX vs. FFRSX - Expense Ratio Comparison
BFRAX has a 0.90% expense ratio, which is higher than FFRSX's 0.68% expense ratio.
Return for Risk
BFRAX vs. FFRSX — Risk / Return Rank
BFRAX
FFRSX
BFRAX vs. FFRSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Floating Rate Income Fund (BFRAX) and Federated Hermes Floating Rate Strat Inc Fund (FFRSX). 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.
| BFRAX | FFRSX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.38 | 1.64 | -0.26 |
Sortino ratioReturn per unit of downside risk | 2.00 | 2.82 | -0.83 |
Omega ratioGain probability vs. loss probability | 1.42 | 1.61 | -0.19 |
Calmar ratioReturn relative to maximum drawdown | 2.00 | 3.06 | -1.06 |
Martin ratioReturn relative to average drawdown | 7.22 | 11.11 | -3.89 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| BFRAX | FFRSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.38 | 1.64 | -0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.65 | 1.31 | +0.35 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.11 | 1.06 | +0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 1.19 | -0.83 |
Correlation
The correlation between BFRAX and FFRSX is 0.60, 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.
Dividends
BFRAX vs. FFRSX - Dividend Comparison
BFRAX's dividend yield for the trailing twelve months is around 6.13%, more than FFRSX's 5.61% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BFRAX BlackRock Floating Rate Income Fund | 6.13% | 6.68% | 8.00% | 6.24% | 4.09% | 2.91% | 3.81% | 4.65% | 4.58% | 3.45% | 3.90% | 4.02% |
FFRSX Federated Hermes Floating Rate Strat Inc Fund | 5.61% | 6.38% | 6.95% | 6.88% | 4.15% | 2.92% | 3.37% | 4.62% | 4.41% | 3.68% | 3.76% | 3.71% |
Drawdowns
BFRAX vs. FFRSX - Drawdown Comparison
The maximum BFRAX drawdown since its inception was -44.69%, which is greater than FFRSX's maximum drawdown of -17.13%. Use the drawdown chart below to compare losses from any high point for BFRAX and FFRSX.
Loading graphics...
Drawdown Indicators
| BFRAX | FFRSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.69% | -17.13% | -27.56% |
Max Drawdown (1Y)Largest decline over 1 year | -2.10% | -1.28% | -0.82% |
Max Drawdown (5Y)Largest decline over 5 years | -6.43% | -7.54% | +1.11% |
Max Drawdown (10Y)Largest decline over 10 years | -20.61% | -17.13% | -3.48% |
Current DrawdownCurrent decline from peak | -1.36% | -0.83% | -0.53% |
Average DrawdownAverage peak-to-trough decline | -6.82% | -0.92% | -5.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.61% | 0.39% | +0.22% |
Volatility
BFRAX vs. FFRSX - Volatility Comparison
BlackRock Floating Rate Income Fund (BFRAX) has a higher volatility of 0.66% compared to Federated Hermes Floating Rate Strat Inc Fund (FFRSX) at 0.58%. This indicates that BFRAX's price experiences larger fluctuations and is considered to be riskier than FFRSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| BFRAX | FFRSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.66% | 0.58% | +0.08% |
Volatility (6M)Calculated over the trailing 6-month period | 1.65% | 1.62% | +0.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.98% | 2.45% | +0.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.76% | 2.42% | +0.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.94% | 3.24% | +0.70% |