CHIAX vs. TFLR

Last updated Apr 2, 2026

Compare and contrast key facts about Credit Suisse Floating Rate High Income Fund (CHIAX) and T. Rowe Price Floating Rate ETF (TFLR).

CHIAX is managed by Credit Suisse. It was launched on Mar 7, 1999. TFLR is an actively managed fund by T. Rowe Price. It was launched on Nov 16, 2022.

Performance

CHIAX vs. TFLR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Credit Suisse Floating Rate High Income Fund (CHIAX) and T. Rowe Price Floating Rate ETF (TFLR). The values are adjusted to include any dividend payments, if applicable.

CHIAX vs. TFLR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CHIAX Credit Suisse Floating Rate High Income Fund	-0.99%	4.25%	6.85%	11.03%	0.65%
TFLR T. Rowe Price Floating Rate ETF	-0.33%	6.57%	8.77%	12.05%	-0.41%

Returns By Period

In the year-to-date period, CHIAX achieves a -0.99% return, which is significantly lower than TFLR's -0.33% return.

CHIAX

• 1D: 0.00%
• 1M: 0.17%
• YTD: -0.99%
• 6M: -0.21%
• 1Y: 2.95%
• 3Y*: 5.87%
• 5Y*: 4.06%
• 10Y*: 4.36%

TFLR

• 1D: 0.12%
• 1M: 0.99%
• YTD: -0.33%
• 6M: 1.26%
• 1Y: 5.91%
• 3Y*: 7.90%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CHIAX vs. TFLR - Expense Ratio Comparison

CHIAX has a 0.95% expense ratio, which is higher than TFLR's 0.60% expense ratio.

CHIAX

Credit Suisse Floating Rate High Income Fund

TFLR

T. Rowe Price Floating Rate ETF

Return for Risk

CHIAX vs. TFLR — Risk / Return Rank

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

CHIAX

CHIAX Risk / Return Rank: 66
CHIAX Sharpe Ratio Rank: 55
CHIAX Sortino Ratio Rank: 71
CHIAX Omega Ratio Rank: 77
CHIAX Calmar Ratio Rank: 73
CHIAX Martin Ratio Rank: 54

TFLR

TFLR Risk / Return Rank: 69
TFLR Sharpe Ratio Rank: 60
TFLR Sortino Ratio Rank: 54
TFLR Omega Ratio Rank: 92
TFLR Calmar Ratio Rank: 62
TFLR Martin Ratio Rank: 79

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CHIAX vs. TFLR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Credit Suisse Floating Rate High Income Fund (CHIAX) and T. Rowe Price Floating Rate ETF (TFLR). 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.

	CHIAX	TFLR	Difference
Sharpe ratio Return per unit of total volatility	1.10	1.09	+0.01
Sortino ratio Return per unit of downside risk	1.88	1.47	+0.41
Omega ratio Gain probability vs. loss probability	1.31	1.41	-0.10
Calmar ratio Return relative to maximum drawdown	1.87	1.65	+0.22
Martin ratio Return relative to average drawdown	5.81	8.96	-3.15
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CHIAX vs. TFLR - Sharpe Ratio Comparison

The current CHIAX Sharpe Ratio is 1.10, which is comparable to the TFLR Sharpe Ratio of 1.09. The chart below compares the historical Sharpe Ratios of CHIAX and TFLR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CHIAX	TFLR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.10	1.09	+0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.51	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.23	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.17	2.11	-0.94

Correlation

The correlation between CHIAX and TFLR is 0.17, 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.

Dividends

CHIAX vs. TFLR - Dividend Comparison

CHIAX's dividend yield for the trailing twelve months is around 6.65%, less than TFLR's 6.94% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CHIAX Credit Suisse Floating Rate High Income Fund	6.65%	7.44%	7.25%	7.19%	3.90%	3.38%	4.19%	4.94%	4.38%	3.79%	4.47%	4.26%
TFLR T. Rowe Price Floating Rate ETF	6.94%	6.93%	8.18%	7.76%	0.58%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

CHIAX vs. TFLR - Drawdown Comparison

The maximum CHIAX drawdown since its inception was -37.29%, which is greater than TFLR's maximum drawdown of -4.01%. Use the drawdown chart below to compare losses from any high point for CHIAX and TFLR.

Drawdown Indicators

	CHIAX	TFLR	Difference
Max Drawdown Largest peak-to-trough decline	-37.29%	-4.01%	-33.28%
Max Drawdown (1Y) Largest decline over 1 year	-1.76%	-3.50%	+1.74%
Max Drawdown (5Y) Largest decline over 5 years	-5.99%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-19.94%	—	—
Current Drawdown Current decline from peak	-1.15%	-0.83%	-0.32%
Average Drawdown Average peak-to-trough decline	-2.04%	-0.22%	-1.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.62%	0.64%	-0.02%

Volatility

CHIAX vs. TFLR - Volatility Comparison

The current volatility for Credit Suisse Floating Rate High Income Fund (CHIAX) is 0.74%, while T. Rowe Price Floating Rate ETF (TFLR) has a volatility of 0.89%. This indicates that CHIAX experiences smaller price fluctuations and is considered to be less risky than TFLR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CHIAX	TFLR	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.74%	0.89%	-0.15%
Volatility (6M) Calculated over the trailing 6-month period	1.74%	1.65%	+0.09%
Volatility (1Y) Calculated over the trailing 1-year period	2.77%	5.47%	-2.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.70%	3.74%	-1.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.57%	3.74%	-0.17%