FRA vs. FASGX
Compare and contrast key facts about BlackRock Floating Rate Income Strategies Fund Inc (FRA) and Fidelity Asset Manager 70% Fund (FASGX).
FRA is managed by BlackRock. It was launched on Oct 29, 2003. FASGX is managed by BlackRock. It was launched on Dec 30, 1991.
Performance
FRA vs. FASGX - Performance Comparison
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FRA vs. FASGX - 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% |
FASGX Fidelity Asset Manager 70% Fund | -2.99% | 18.23% | 10.81% | 16.45% | -16.83% | 13.98% | 17.19% | 22.81% | -7.65% | 17.34% |
Returns By Period
In the year-to-date period, FRA achieves a -3.38% return, which is significantly lower than FASGX's -2.99% return. Over the past 10 years, FRA has underperformed FASGX with an annualized return of 6.61%, while FASGX has yielded a comparatively higher 8.70% 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%
FASGX
- 1D
- -0.24%
- 1M
- -7.42%
- YTD
- -2.99%
- 6M
- -0.12%
- 1Y
- 15.54%
- 3Y*
- 11.72%
- 5Y*
- 6.38%
- 10Y*
- 8.70%
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FRA vs. FASGX - Expense Ratio Comparison
FRA has a 2.17% expense ratio, which is higher than FASGX's 0.67% expense ratio.
Return for Risk
FRA vs. FASGX — Risk / Return Rank
FRA
FASGX
FRA vs. FASGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Floating Rate Income Strategies Fund Inc (FRA) and Fidelity Asset Manager 70% Fund (FASGX). 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 | FASGX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.27 | 1.21 | -1.48 |
Sortino ratioReturn per unit of downside risk | -0.26 | 1.73 | -1.99 |
Omega ratioGain probability vs. loss probability | 0.96 | 1.26 | -0.30 |
Calmar ratioReturn relative to maximum drawdown | -0.23 | 1.55 | -1.78 |
Martin ratioReturn relative to average drawdown | -0.55 | 6.89 | -7.43 |
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 | FASGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.27 | 1.21 | -1.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | 0.53 | -0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | 0.70 | -0.27 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.60 | -0.29 |
Correlation
The correlation between FRA and FASGX is 0.35, 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
FRA vs. FASGX - Dividend Comparison
FRA's dividend yield for the trailing twelve months is around 13.49%, more than FASGX's 7.56% 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% |
FASGX Fidelity Asset Manager 70% Fund | 7.56% | 7.33% | 4.60% | 1.72% | 6.69% | 2.73% | 2.20% | 5.19% | 6.31% | 2.75% | 0.20% | 5.58% |
Drawdowns
FRA vs. FASGX - Drawdown Comparison
The maximum FRA drawdown since its inception was -51.43%, which is greater than FASGX's maximum drawdown of -47.35%. Use the drawdown chart below to compare losses from any high point for FRA and FASGX.
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Drawdown Indicators
| FRA | FASGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.43% | -47.35% | -4.08% |
Max Drawdown (1Y)Largest decline over 1 year | -15.47% | -9.07% | -6.40% |
Max Drawdown (5Y)Largest decline over 5 years | -18.77% | -23.54% | +4.77% |
Max Drawdown (10Y)Largest decline over 10 years | -42.80% | -27.20% | -15.60% |
Current DrawdownCurrent decline from peak | -11.62% | -7.95% | -3.67% |
Average DrawdownAverage peak-to-trough decline | -7.19% | -6.74% | -0.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.44% | 2.04% | +4.40% |
Volatility
FRA vs. FASGX - Volatility Comparison
BlackRock Floating Rate Income Strategies Fund Inc (FRA) has a higher volatility of 5.65% compared to Fidelity Asset Manager 70% Fund (FASGX) at 4.57%. This indicates that FRA's price experiences larger fluctuations and is considered to be riskier than FASGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FRA | FASGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.65% | 4.57% | +1.08% |
Volatility (6M)Calculated over the trailing 6-month period | 8.21% | 7.78% | +0.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.30% | 12.82% | +1.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.78% | 12.14% | +0.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.49% | 12.56% | +2.93% |