FFRIX vs. BFRNX
Compare and contrast key facts about Fidelity Advisor Floating Rate High Income Fund Class I (FFRIX) and Barrow Hanley Floating Rate Fund (BFRNX).
FFRIX is managed by Fidelity. It was launched on Aug 16, 2000. BFRNX is managed by Perpetual Funds. It was launched on Apr 11, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFRIX or BFRNX.
Correlation
The correlation between FFRIX and BFRNX is 0.54, 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.
Performance
FFRIX vs. BFRNX - Performance Comparison
Key characteristics
FFRIX:
1.53
BFRNX:
1.50
FFRIX:
2.39
BFRNX:
2.07
FFRIX:
1.58
BFRNX:
1.73
FFRIX:
1.46
BFRNX:
2.14
FFRIX:
8.16
BFRNX:
11.59
FFRIX:
0.59%
BFRNX:
0.49%
FFRIX:
3.14%
BFRNX:
3.80%
FFRIX:
-22.13%
BFRNX:
-4.91%
FFRIX:
-2.21%
BFRNX:
-1.95%
Returns By Period
In the year-to-date period, FFRIX achieves a -1.50% return, which is significantly lower than BFRNX's -0.95% return.
FFRIX
-1.50%
-1.35%
0.56%
4.81%
7.33%
4.37%
BFRNX
-0.95%
-1.35%
0.57%
5.60%
N/A
N/A
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FFRIX vs. BFRNX - Expense Ratio Comparison
FFRIX has a 0.72% expense ratio, which is lower than BFRNX's 1.02% expense ratio.
Risk-Adjusted Performance
FFRIX vs. BFRNX — Risk-Adjusted Performance Rank
FFRIX
BFRNX
FFRIX vs. BFRNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Floating Rate High Income Fund Class I (FFRIX) and Barrow Hanley Floating Rate Fund (BFRNX). 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
FFRIX vs. BFRNX - Dividend Comparison
FFRIX's dividend yield for the trailing twelve months is around 8.21%, less than BFRNX's 9.25% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFRIX Fidelity Advisor Floating Rate High Income Fund Class I | 8.21% | 8.29% | 8.21% | 5.00% | 3.20% | 3.79% | 5.11% | 4.66% | 3.95% | 3.86% | 4.21% | 3.94% |
BFRNX Barrow Hanley Floating Rate Fund | 9.25% | 9.38% | 9.61% | 5.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FFRIX vs. BFRNX - Drawdown Comparison
The maximum FFRIX drawdown since its inception was -22.13%, which is greater than BFRNX's maximum drawdown of -4.91%. Use the drawdown chart below to compare losses from any high point for FFRIX and BFRNX. For additional features, visit the drawdowns tool.
Volatility
FFRIX vs. BFRNX - Volatility Comparison
Fidelity Advisor Floating Rate High Income Fund Class I (FFRIX) has a higher volatility of 2.06% compared to Barrow Hanley Floating Rate Fund (BFRNX) at 1.36%. This indicates that FFRIX's price experiences larger fluctuations and is considered to be riskier than BFRNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.