BGT vs. FLOTX
BGT (BlackRock Floating Rate Income Trust) and FLOTX (Donoghue Forlines Risk Managed Income Fund) are both Bank Loan funds. Over the past 5 years, BGT returned 6.69%/yr vs 2.80%/yr for FLOTX. Their 0.24 correlation means their historical movements had little consistent relationship. BGT charges 1.74%/yr vs 1.07%/yr for FLOTX.
Performance
BGT vs. FLOTX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BGT achieves a 2.82% return, which is significantly higher than FLOTX's -0.16% return.
BGT
- 1D
- -0.37%
- 1M
- 2.55%
- 6M
- 0.60%
- YTD
- 2.82%
- 1Y
- -3.45%
- 3Y*
- 8.64%
- 5Y*
- 6.69%
- 10Y*
- 6.41%
- ALL TIME*
- 5.38%
FLOTX
- 1D
- 0.00%
- 1M
- 0.34%
- 6M
- -0.06%
- YTD
- -0.16%
- 1Y
- 2.30%
- 3Y*
- 4.46%
- 5Y*
- 2.80%
- 10Y*
- —
- ALL TIME*
- 3.02%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.54M | $1.32M | $1.16M | |
| $0.00 | $0.00 | $0.00 |
BGT vs. FLOTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
BGT BlackRock Floating Rate Income Trust | 2.82% | -0.84% | 16.12% | 26.29% | -16.57% | 25.89% | -0.81% | 18.97% | -12.88% |
FLOTX Donoghue Forlines Risk Managed Income Fund | -0.16% | 2.47% | 6.76% | 8.28% | -3.59% | 2.45% | 3.95% | 3.51% | 1.96% |
Correlation
The correlation between BGT and FLOTX is 0.25, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.25 |
Correlation (3Y) Balances recent behavior with more history. | 0.25 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.25 |
Correlation (All Time) Calculated using the full available price history since Mar 28, 2018 | 0.24 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BGT vs. FLOTX — Risk / Return Rank
BGT
FLOTX
BGT vs. FLOTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Floating Rate Income Trust (BGT) and Donoghue Forlines Risk Managed Income Fund (FLOTX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BGT | FLOTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.66 | ||
| Sortino ratioReturn per unit of downside risk | -2.32 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.28 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | -0.32 | 0.93 | -1.25 |
| Martin ratioReturn relative to average drawdown | -0.65 | 2.32 | -2.97 |
Loading charts...
Drawdowns
BGT vs. FLOTX - Drawdown Comparison
The maximum BGT drawdown since its inception was -58.06%, which is greater than FLOTX's maximum drawdown of -4.40%. Use the drawdown chart below to compare losses from any high point for BGT and FLOTX.
Loading charts...
Drawdown Indicators
| BGT | FLOTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.06% | -4.40% | -53.66% |
Max Drawdown (1Y)Largest decline over 1 year | -10.93% | -2.36% | -8.57% |
Max Drawdown (3Y)Largest decline over 3 years | -15.91% | -3.34% | -12.57% |
Max Drawdown (5Y)Largest decline over 5 years | -23.19% | -4.40% | -18.79% |
Max Drawdown (10Y)Largest decline over 10 years | -41.90% | — | — |
Current DrawdownCurrent decline from peak | -3.45% | -0.59% | -2.86% |
Average DrawdownAverage peak-to-trough decline | -8.10% | -1.03% | -7.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.41% | 0.95% | +4.46% |
Volatility
BGT vs. FLOTX - Volatility Comparison
BlackRock Floating Rate Income Trust (BGT) has a higher volatility of 3.12% compared to Donoghue Forlines Risk Managed Income Fund (FLOTX) at 0.42%. This indicates that BGT's price experiences larger fluctuations and is considered to be riskier than FLOTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BGT | FLOTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.12% | 0.42% | +2.70% |
Volatility (6M)Calculated over the trailing 6-month period | 7.44% | 1.33% | +6.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.97% | 1.68% | +8.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.60% | 2.69% | +10.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.35% | 2.44% | +12.91% |
BGT vs. FLOTX - Expense Ratio Comparison
BGT has a 1.74% expense ratio, which is higher than FLOTX's 1.07% expense ratio.
Dividends
BGT vs. FLOTX - Dividend Comparison
BGT's dividend yield for the trailing twelve months is around 13.38%, more than FLOTX's 6.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BGT BlackRock Floating Rate Income Trust | 13.38% | 12.74% | 11.22% | 10.36% | 6.87% | 5.55% | 7.58% | 6.33% | 6.64% | 5.03% | 5.03% | 6.04% |
FLOTX Donoghue Forlines Risk Managed Income Fund | 6.69% | 5.79% | 7.15% | 7.16% | 1.56% | 2.13% | 2.42% | 3.78% | 3.20% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
BGT and FLOTX have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BGT has higher volatility (3.12%) compared to FLOTX (0.42%). In terms of maximum drawdown, BGT dropped -58.06% vs FLOTX's -4.40%.
FLOTX currently has the higher Sharpe Ratio (1.31 vs -0.35), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for BGT and FLOTX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer