BLW vs. FRA
Compare and contrast key facts about BlackRock Limited Duration Income Trust (BLW) and BlackRock Floating Rate Income Strategies Fund Inc (FRA).
FRA is managed by Blackrock. It was launched on Oct 29, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BLW or FRA.
Key characteristics
| BLW | FRA | |
|---|---|---|
| YTD Return | 10.00% | 21.88% |
| 1Y Return | 20.74% | 30.27% |
| 3Y Return (Ann) | 2.38% | 10.88% |
| 5Y Return (Ann) | 6.32% | 10.81% |
| 10Y Return (Ann) | 6.94% | 7.74% |
| Sharpe Ratio | 2.32 | 2.84 |
| Sortino Ratio | 3.50 | 3.58 |
| Omega Ratio | 1.46 | 1.55 |
| Calmar Ratio | 1.86 | 4.26 |
| Martin Ratio | 15.71 | 18.64 |
| Ulcer Index | 1.32% | 1.66% |
| Daily Std Dev | 8.93% | 10.92% |
| Max Drawdown | -44.99% | -51.60% |
| Current Drawdown | -1.66% | -1.20% |
Correlation
The correlation between BLW and FRA is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BLW vs. FRA - Performance Comparison
In the year-to-date period, BLW achieves a 10.00% return, which is significantly lower than FRA's 21.88% return. Over the past 10 years, BLW has underperformed FRA with an annualized return of 6.94%, while FRA has yielded a comparatively higher 7.74% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
BLW vs. FRA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Limited Duration Income Trust (BLW) and BlackRock Floating Rate Income Strategies Fund Inc (FRA). 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.
Dividends
BLW vs. FRA - Dividend Comparison
BLW's dividend yield for the trailing twelve months is around 9.25%, less than FRA's 10.56% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BLW BlackRock Limited Duration Income Trust | 8.50% | 8.63% | 8.25% | 6.98% | 7.39% | 6.30% | 7.18% | 6.26% | 9.68% | 8.29% | 8.28% | 7.48% |
FRA BlackRock Floating Rate Income Strategies Fund Inc | 9.72% | 10.44% | 6.89% | 5.99% | 7.63% | 6.48% | 6.92% | 5.31% | 5.65% | 6.15% | 6.23% | 6.37% |
Drawdowns
BLW vs. FRA - Drawdown Comparison
The maximum BLW drawdown since its inception was -44.99%, smaller than the maximum FRA drawdown of -51.60%. Use the drawdown chart below to compare losses from any high point for BLW and FRA. For additional features, visit the drawdowns tool.
Volatility
BLW vs. FRA - Volatility Comparison
The current volatility for BlackRock Limited Duration Income Trust (BLW) is 2.83%, while BlackRock Floating Rate Income Strategies Fund Inc (FRA) has a volatility of 3.32%. This indicates that BLW experiences smaller price fluctuations and is considered to be less risky than FRA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.