FBRT vs. FDUS

Last updated Apr 1, 2026

Compare and contrast key facts about Franklin BSP Realty Trust, Inc. (FBRT) and Fidus Investment Corporation (FDUS).

Performance

FBRT vs. FDUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin BSP Realty Trust, Inc. (FBRT) and Fidus Investment Corporation (FDUS). The values are adjusted to include any dividend payments, if applicable.

FBRT vs. FDUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
FBRT Franklin BSP Realty Trust, Inc.	-13.32%	-9.17%	3.73%	16.56%	-3.86%	-10.98%
FDUS Fidus Investment Corporation	-7.07%	2.08%	20.55%	20.02%	17.09%	3.89%

Fundamentals

EPS FBRT : $0.79 FDUS : $2.33
PE Ratio FBRT : 10.70 FDUS : 7.48
PS Ratio FBRT : 1.32 FDUS : 4.96
Total Revenue (TTM) FBRT : $555.57M FDUS : $126.37M
Gross Profit (TTM) FBRT : $111.54M FDUS : $75.32M
EBITDA (TTM) FBRT : $103.58M FDUS : $66.90M

Returns By Period

In the year-to-date period, FBRT achieves a -13.32% return, which is significantly lower than FDUS's -7.07% return.

FBRT

• 1D: 1.92%
• 1M: -4.78%
• YTD: -13.32%
• 6M: -17.13%
• 1Y: -24.62%
• 3Y*: -0.05%
• 5Y*: —
• 10Y*: —

FDUS

• 1D: 1.34%
• 1M: 1.27%
• YTD: -7.07%
• 6M: -9.16%
• 1Y: -4.71%
• 3Y*: 9.78%
• 5Y*: 14.53%
• 10Y*: 12.98%

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

Return for Risk

FBRT vs. FDUS — Risk / Return Rank

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

FBRT

FBRT Risk / Return Rank: 8
FBRT Sharpe Ratio Rank: 6
FBRT Sortino Ratio Rank: 10
FBRT Omega Ratio Rank: 9
FBRT Calmar Ratio Rank: 10
FBRT Martin Ratio Rank: 5

FDUS

FDUS Risk / Return Rank: 30
FDUS Sharpe Ratio Rank: 33
FDUS Sortino Ratio Rank: 27
FDUS Omega Ratio Rank: 27
FDUS Calmar Ratio Rank: 33
FDUS Martin Ratio Rank: 30

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.

FBRT vs. FDUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin BSP Realty Trust, Inc. (FBRT) and Fidus Investment Corporation (FDUS). 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.

	FBRT	FDUS	Difference
Sharpe ratio Return per unit of total volatility	-0.91	-0.21	-0.70
Sortino ratio Return per unit of downside risk	-1.09	-0.13	-0.96
Omega ratio Gain probability vs. loss probability	0.84	0.98	-0.14
Calmar ratio Return relative to maximum drawdown	-0.87	-0.33	-0.53
Martin ratio Return relative to average drawdown	-1.73	-0.74	-0.99
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FBRT vs. FDUS - Sharpe Ratio Comparison

The current FBRT Sharpe Ratio is -0.91, which is lower than the FDUS Sharpe Ratio of -0.21. The chart below compares the historical Sharpe Ratios of FBRT and FDUS, 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

	FBRT	FDUS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.91	-0.21	-0.70
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.74	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.39	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.16	0.38	-0.54

Correlation

The correlation between FBRT and FDUS is 0.38, 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

FBRT vs. FDUS - Dividend Comparison

FBRT's dividend yield for the trailing twelve months is around 14.90%, more than FDUS's 12.23% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FBRT Franklin BSP Realty Trust, Inc.	14.90%	14.16%	11.32%	10.51%	11.01%	1.91%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FDUS Fidus Investment Corporation	12.23%	11.14%	11.51%	14.63%	10.51%	8.90%	10.15%	10.78%	13.69%	10.54%	10.17%	11.69%

Drawdowns

FBRT vs. FDUS - Drawdown Comparison

The maximum FBRT drawdown since its inception was -31.30%, smaller than the maximum FDUS drawdown of -68.76%. Use the drawdown chart below to compare losses from any high point for FBRT and FDUS.

Drawdown Indicators

	FBRT	FDUS	Difference
Max Drawdown Largest peak-to-trough decline	-31.30%	-68.76%	+37.46%
Max Drawdown (1Y) Largest decline over 1 year	-27.55%	-16.45%	-11.10%
Max Drawdown (5Y) Largest decline over 5 years	—	-23.94%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-68.76%	—
Current Drawdown Current decline from peak	-27.14%	-14.68%	-12.46%
Average Drawdown Average peak-to-trough decline	-10.64%	-8.90%	-1.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.82%	7.39%	+6.43%

Volatility

FBRT vs. FDUS - Volatility Comparison

Franklin BSP Realty Trust, Inc. (FBRT) and Fidus Investment Corporation (FDUS) have volatilities of 7.85% and 7.64%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FBRT	FDUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.85%	7.64%	+0.21%
Volatility (6M) Calculated over the trailing 6-month period	22.02%	14.72%	+7.30%
Volatility (1Y) Calculated over the trailing 1-year period	27.25%	22.87%	+4.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.63%	19.66%	+8.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.63%	33.49%	-4.86%

Financials

FBRT vs. FDUS - Profitability Comparison

The chart below illustrates the profitability comparison between Franklin BSP Realty Trust, Inc. and Fidus Investment Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

FBRT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Franklin BSP Realty Trust, Inc. reported a gross profit of 60.13M and revenue of 136.62M. Therefore, the gross margin over that period was 44.0%.

FDUS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Fidus Investment Corporation reported a gross profit of 0.00 and revenue of 30.88M. Therefore, the gross margin over that period was 0.0%.

FBRT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Franklin BSP Realty Trust, Inc. reported an operating income of 1.72M and revenue of 136.62M, resulting in an operating margin of 1.3%.

FDUS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Fidus Investment Corporation reported an operating income of 0.00 and revenue of 30.88M, resulting in an operating margin of 0.0%.

FBRT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Franklin BSP Realty Trust, Inc. reported a net income of 17.31M and revenue of 136.62M, resulting in a net margin of 12.7%.

FDUS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Fidus Investment Corporation reported a net income of 19.63M and revenue of 30.88M, resulting in a net margin of 63.6%.