FRA vs. EFT
Compare and contrast key facts about BlackRock Floating Rate Income Strategies Fund Inc (FRA) and Eaton Vance Floating-Rate Income Trust (EFT).
FRA is managed by BlackRock. It was launched on Oct 29, 2003.
Performance
FRA vs. EFT - Performance Comparison
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FRA vs. EFT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FRA BlackRock Floating Rate Income Strategies Fund Inc | -3.38% | -3.75% | 21.56% | 25.46% | -10.59% | 17.81% | -2.38% | 20.82% | -8.27% | 0.76% |
EFT Eaton Vance Floating-Rate Income Trust | -3.58% | -3.77% | 13.17% | 27.14% | -19.69% | 21.00% | 2.41% | 16.85% | -6.14% | 1.63% |
Returns By Period
In the year-to-date period, FRA achieves a -3.38% return, which is significantly higher than EFT's -3.58% return. Over the past 10 years, FRA has outperformed EFT with an annualized return of 6.61%, while EFT has yielded a comparatively lower 5.85% annualized return.
FRA
- 1D
- 3.86%
- 1M
- -0.13%
- YTD
- -3.38%
- 6M
- -9.61%
- 1Y
- -3.81%
- 3Y*
- 10.06%
- 5Y*
- 6.51%
- 10Y*
- 6.61%
EFT
- 1D
- 3.17%
- 1M
- -0.98%
- YTD
- -3.58%
- 6M
- -4.73%
- 1Y
- -6.51%
- 3Y*
- 8.10%
- 5Y*
- 3.70%
- 10Y*
- 5.85%
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Return for Risk
FRA vs. EFT — Risk / Return Rank
FRA
EFT
FRA vs. EFT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Floating Rate Income Strategies Fund Inc (FRA) and Eaton Vance Floating-Rate Income Trust (EFT). 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.
| FRA | EFT | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.27 | -0.47 | +0.20 |
Sortino ratioReturn per unit of downside risk | -0.26 | -0.55 | +0.29 |
Omega ratioGain probability vs. loss probability | 0.96 | 0.91 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | -0.23 | -0.49 | +0.26 |
Martin ratioReturn relative to average drawdown | -0.55 | -1.11 | +0.57 |
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
| FRA | EFT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.27 | -0.47 | +0.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | 0.29 | +0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | 0.37 | +0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.26 | +0.05 |
Correlation
The correlation between FRA and EFT is 0.52, 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.
Dividends
FRA vs. EFT - Dividend Comparison
FRA's dividend yield for the trailing twelve months is around 13.49%, more than EFT's 9.78% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRA BlackRock Floating Rate Income Strategies Fund Inc | 13.49% | 12.62% | 10.81% | 10.44% | 6.88% | 5.96% | 7.61% | 6.44% | 6.90% | 5.31% | 5.65% | 6.17% |
EFT Eaton Vance Floating-Rate Income Trust | 9.78% | 9.55% | 10.52% | 11.09% | 9.81% | 5.24% | 5.88% | 7.41% | 6.77% | 5.73% | 5.54% | 6.57% |
Drawdowns
FRA vs. EFT - Drawdown Comparison
The maximum FRA drawdown since its inception was -51.43%, smaller than the maximum EFT drawdown of -60.58%. Use the drawdown chart below to compare losses from any high point for FRA and EFT.
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Drawdown Indicators
| FRA | EFT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.43% | -60.58% | +9.15% |
Max Drawdown (1Y)Largest decline over 1 year | -15.47% | -13.02% | -2.45% |
Max Drawdown (5Y)Largest decline over 5 years | -18.77% | -24.98% | +6.21% |
Max Drawdown (10Y)Largest decline over 10 years | -42.80% | -45.51% | +2.71% |
Current DrawdownCurrent decline from peak | -11.62% | -12.15% | +0.53% |
Average DrawdownAverage peak-to-trough decline | -7.19% | -8.80% | +1.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.44% | 5.72% | +0.72% |
Volatility
FRA vs. EFT - Volatility Comparison
BlackRock Floating Rate Income Strategies Fund Inc (FRA) has a higher volatility of 5.65% compared to Eaton Vance Floating-Rate Income Trust (EFT) at 5.25%. This indicates that FRA's price experiences larger fluctuations and is considered to be riskier than EFT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FRA | EFT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.65% | 5.25% | +0.40% |
Volatility (6M)Calculated over the trailing 6-month period | 8.21% | 6.92% | +1.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.30% | 13.95% | +0.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.78% | 12.67% | +0.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.49% | 15.74% | -0.25% |