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FLOTX vs. BGT
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FLOTX vs. BGT

Last updated Jun 25, 2026

FLOTX (Donoghue Forlines Risk Managed Income Fund) and BGT (BlackRock Floating Rate Income Trust) are both Bank Loan funds. Over the past 5 years, FLOTX returned 2.65%/yr vs 6.52%/yr for BGT. At a 0.24 correlation, their price movements are largely independent. FLOTX charges 1.07%/yr vs 1.74%/yr for BGT.

Performance

FLOTX vs. BGT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Donoghue Forlines Risk Managed Income Fund (FLOTX) and BlackRock Floating Rate Income Trust (BGT). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, FLOTX achieves a -0.66% return, which is significantly lower than BGT's -0.21% return.

FLOTX

1D
-0.11%
1M
0.22%
YTD
-0.66%
6M
-0.56%
1Y
2.67%
3Y*
4.83%
5Y*
2.65%
10Y*
—

BGT

1D
-0.28%
1M
-1.20%
YTD
-0.21%
6M
-0.43%
1Y
-2.39%
3Y*
10.06%
5Y*
6.52%
10Y*
6.36%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FLOTX vs. BGT - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
FLOTX
Donoghue Forlines Risk Managed Income Fund		-0.66%2.47%6.76%8.28%-3.59%2.45%3.95%3.51%1.96%
BGT
BlackRock Floating Rate Income Trust		-0.21%-0.84%16.12%26.29%-16.57%25.89%-0.81%18.97%-12.88%

Correlation

The correlation between FLOTX and BGT is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.22

Correlation (3Y)
Calculated over the trailing 3-year period

0.25

Correlation (5Y)
Calculated over the trailing 5-year period

0.24

Correlation (All Time)
Calculated using the full available price history since Mar 28, 2018

0.24

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Donoghue Forlines Risk Managed Income Fund

BlackRock Floating Rate Income Trust

Often compared with FLOTX:
FLOTX vs. MOJOXFLOTX vs. PWDIXFLOTX vs. PWRIXFLOTX vs. CAPIXFLOTX vs. GTAIXFLOTX vs. PYFRXFLOTX vs. RCRIX
Often compared with BGT:
BGT vs. VGTBGT vs. EFTBGT vs. ECATBGT vs. MPVBGT vs. BITBGT vs. CWBBGT vs. BIZD

Return for Risk

FLOTX vs. BGT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FLOTX
FLOTX Risk / Return Rank: 3535
Overall Rank
FLOTX Sharpe Ratio Rank: 4343
Sharpe Ratio Rank
FLOTX Sortino Ratio Rank: 4444
Sortino Ratio Rank
FLOTX Omega Ratio Rank: 5959
Omega Ratio Rank
FLOTX Calmar Ratio Rank: 1616
Calmar Ratio Rank
FLOTX Martin Ratio Rank: 1313
Martin Ratio Rank
BGT
BGT Risk / Return Rank: 22
Overall Rank
BGT Sharpe Ratio Rank: 22
Sharpe Ratio Rank
BGT Sortino Ratio Rank: 22
Sortino Ratio Rank
BGT Omega Ratio Rank: 22
Omega Ratio Rank
BGT Calmar Ratio Rank: 22
Calmar Ratio Rank
BGT Martin Ratio Rank: 22
Martin Ratio Rank
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.

FLOTX vs. BGT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Donoghue Forlines Risk Managed Income Fund (FLOTX) and BlackRock Floating Rate Income Trust (BGT). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

FLOTXBGTDifference
Sharpe ratioReturn per unit of total volatility
1.66
-0.24

+1.90

Sortino ratioReturn per unit of downside risk
2.41
-0.27

+2.68

Omega ratioGain probability vs. loss probability

1.37

0.97

+0.40

Calmar ratioReturn relative to maximum drawdown

1.18

-0.22

+1.40

Martin ratioReturn relative to average drawdown

3.05

-0.46

+3.51

FLOTX vs. BGT - Sharpe Ratio Comparison

The current FLOTX Sharpe Ratio is 1.66, which is higher than the BGT Sharpe Ratio of -0.24. The chart below compares the historical Sharpe Ratios of FLOTX and BGT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

FLOTX vs. BGT - Drawdown Comparison

The maximum FLOTX drawdown since its inception was -4.40%, smaller than the maximum BGT drawdown of -58.06%. Use the drawdown chart below to compare losses from any high point for FLOTX and BGT.

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Drawdown Indicators

FLOTXBGTDifference

Max Drawdown

Largest peak-to-trough decline

-4.40%

-58.06%

+53.66%

Max Drawdown (1Y)

Largest decline over 1 year

-2.36%

-11.06%

+8.70%

Max Drawdown (3Y)

Largest decline over 3 years

-3.34%

-15.91%

+12.57%

Max Drawdown (5Y)

Largest decline over 5 years

-4.40%

-23.19%

+18.79%

Max Drawdown (10Y)

Largest decline over 10 years

—

-41.90%

—

Current Drawdown

Current decline from peak

-1.08%

-6.30%

+5.22%

Average Drawdown

Average peak-to-trough decline

-1.03%

-8.11%

+7.08%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.91%

5.17%

-4.26%

Volatility

FLOTX vs. BGT - Volatility Comparison

The current volatility for Donoghue Forlines Risk Managed Income Fund (FLOTX) is 0.49%, while BlackRock Floating Rate Income Trust (BGT) has a volatility of 1.42%. This indicates that FLOTX experiences smaller price fluctuations and is considered to be less risky than BGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

FLOTXBGTDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.49%

1.42%

-0.93%

Volatility (6M)

Calculated over the trailing 6-month period

1.35%

7.02%

-5.67%

Volatility (1Y)

Calculated over the trailing 1-year period

1.68%

9.94%

-8.26%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

2.69%

13.56%

-10.87%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

2.45%

15.34%

-12.89%

FLOTX vs. BGT - Expense Ratio Comparison

FLOTX has a 1.07% expense ratio, which is lower than BGT's 1.74% expense ratio.

Dividends

FLOTX vs. BGT - Dividend Comparison

FLOTX's dividend yield for the trailing twelve months is around 6.81%, less than BGT's 13.63% yield.

PositionTTM20252024202320222021202020192018201720162015
BGT
BlackRock Floating Rate Income Trust		13.63%12.74%11.22%10.36%6.87%5.55%7.58%6.33%6.64%5.03%5.03%6.04%
FLOTX
Donoghue Forlines Risk Managed Income Fund		6.81%5.79%7.15%7.16%1.56%2.13%2.42%3.78%3.20%0.00%0.00%0.00%

Frequently Asked Questions

FLOTX and BGT have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

BGT has higher volatility (1.42%) compared to FLOTX (0.49%). In terms of maximum drawdown, FLOTX dropped -4.40% vs BGT's -58.06%.

FLOTX currently has the higher Sharpe Ratio (1.66 vs -0.24), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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