FFRIX vs. BKLN
Compare and contrast key facts about Fidelity Advisor Floating Rate High Income Fund Class I (FFRIX) and Invesco Senior Loan ETF (BKLN).
FFRIX is managed by Fidelity. It was launched on Aug 16, 2000. BKLN is a passively managed fund by Invesco that tracks the performance of the S&P/LSTA U.S. Leveraged Loan 100 Index. It was launched on Mar 3, 2011.
Performance
FFRIX vs. BKLN - Performance Comparison
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FFRIX vs. BKLN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FFRIX Fidelity Advisor Floating Rate High Income Fund Class I | -0.62% | 5.54% | 7.07% | 11.63% | -1.58% | 5.06% | 1.64% | 8.47% | 0.13% | 3.86% |
BKLN Invesco Senior Loan ETF | -1.08% | 6.88% | 8.21% | 12.53% | -2.51% | 2.32% | 1.32% | 10.03% | -1.32% | 2.13% |
Returns By Period
In the year-to-date period, FFRIX achieves a -0.62% return, which is significantly higher than BKLN's -1.08% return. Over the past 10 years, FFRIX has outperformed BKLN with an annualized return of 4.86%, while BKLN has yielded a comparatively lower 4.40% annualized return.
FFRIX
- 1D
- 0.11%
- 1M
- 0.34%
- YTD
- -0.62%
- 6M
- 0.75%
- 1Y
- 4.73%
- 3Y*
- 6.74%
- 5Y*
- 5.00%
- 10Y*
- 4.86%
BKLN
- 1D
- 0.20%
- 1M
- 1.76%
- YTD
- -1.08%
- 6M
- 0.99%
- 1Y
- 5.72%
- 3Y*
- 7.64%
- 5Y*
- 5.07%
- 10Y*
- 4.40%
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FFRIX vs. BKLN - Expense Ratio Comparison
FFRIX has a 0.72% expense ratio, which is higher than BKLN's 0.65% expense ratio.
Return for Risk
FFRIX vs. BKLN — Risk / Return Rank
FFRIX
BKLN
FFRIX vs. BKLN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Floating Rate High Income Fund Class I (FFRIX) and Invesco Senior Loan ETF (BKLN). 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.
| FFRIX | BKLN | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.39 | 1.34 | +0.04 |
Sortino ratioReturn per unit of downside risk | 1.94 | 2.10 | -0.16 |
Omega ratioGain probability vs. loss probability | 1.46 | 1.38 | +0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.77 | 1.91 | -0.14 |
Martin ratioReturn relative to average drawdown | 8.67 | 7.18 | +1.49 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FFRIX | BKLN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.39 | 1.34 | +0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.74 | 1.14 | +0.60 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.18 | 0.68 | +0.49 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.21 | 0.63 | +0.57 |
Correlation
The correlation between FFRIX and BKLN 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
FFRIX vs. BKLN - Dividend Comparison
FFRIX's dividend yield for the trailing twelve months is around 6.71%, less than BKLN's 7.04% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFRIX Fidelity Advisor Floating Rate High Income Fund Class I | 6.71% | 7.37% | 6.92% | 7.47% | 3.78% | 2.69% | 3.80% | 5.12% | 4.65% | 4.00% | 4.38% | 3.32% |
BKLN Invesco Senior Loan ETF | 7.04% | 6.95% | 8.41% | 8.59% | 4.93% | 3.11% | 3.56% | 4.86% | 4.52% | 3.50% | 4.54% | 4.12% |
Drawdowns
FFRIX vs. BKLN - Drawdown Comparison
The maximum FFRIX drawdown since its inception was -22.12%, smaller than the maximum BKLN drawdown of -24.17%. Use the drawdown chart below to compare losses from any high point for FFRIX and BKLN.
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Drawdown Indicators
| FFRIX | BKLN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.12% | -24.17% | +2.05% |
Max Drawdown (1Y)Largest decline over 1 year | -2.74% | -3.07% | +0.33% |
Max Drawdown (5Y)Largest decline over 5 years | -5.92% | -7.31% | +1.39% |
Max Drawdown (10Y)Largest decline over 10 years | -22.12% | -24.17% | +2.05% |
Current DrawdownCurrent decline from peak | -0.75% | -1.36% | +0.61% |
Average DrawdownAverage peak-to-trough decline | -1.01% | -1.10% | +0.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.58% | 0.82% | -0.24% |
Volatility
FFRIX vs. BKLN - Volatility Comparison
The current volatility for Fidelity Advisor Floating Rate High Income Fund Class I (FFRIX) is 0.67%, while Invesco Senior Loan ETF (BKLN) has a volatility of 1.75%. This indicates that FFRIX experiences smaller price fluctuations and is considered to be less risky than BKLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FFRIX | BKLN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.67% | 1.75% | -1.08% |
Volatility (6M)Calculated over the trailing 6-month period | 1.74% | 2.43% | -0.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.37% | 4.27% | -0.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.88% | 4.46% | -1.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.14% | 6.44% | -2.30% |